WSE:BPN

Stock Analysis Report

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Executive Summary

Black Point S.A. engages in the design, production, testing, and distribution of consumable materials for printers worldwide. More Details


Snowflake Analysis

Flawless balance sheet and undervalued.

Share Price & News

How has Black Point's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BPN is more volatile than 75% of Polish stocks over the past 3 months, typically moving +/- 15% a week.

Volatility Over Time: BPN's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of Polish stocks.


Market Performance


7 Day Return

-1.8%

BPN

-7.9%

PL Commercial Services

2.6%

PL Market


1 Year Return

51.4%

BPN

22.9%

PL Commercial Services

-0.3%

PL Market

Return vs Industry: BPN exceeded the Polish Commercial Services industry which returned 22.9% over the past year.

Return vs Market: BPN exceeded the Polish Market which returned -3.1% over the past year.


Shareholder returns

BPNIndustryMarket
7 Day-1.8%-7.9%2.6%
30 Day27.5%-8.9%13.1%
90 Day5.8%-7.0%8.6%
1 Year51.4%51.4%26.0%22.9%0.6%-0.3%
3 Year510.8%354.2%17.2%11.8%-11.9%-17.3%
5 Year240.9%153.5%34.9%26.1%14.3%1.4%

Long-Term Price Volatility Vs. Market

How volatile is Black Point's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Black Point undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BPN (PLN1.09) is trading below our estimate of fair value (PLN5.42)

Significantly Below Fair Value: BPN is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: BPN is good value based on its PE Ratio (7.6x) compared to the PL Commercial Services industry average (10.7x).

PE vs Market: BPN is good value based on its PE Ratio (7.6x) compared to the Polish market (12.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate BPN's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BPN is good value based on its PB Ratio (0.7x) compared to the PL Commercial Services industry average (1.1x).


Next Steps

Future Growth

How is Black Point forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

30.5%

Forecasted Commercial Services industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Black Point has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Black Point performed over the past 5 years?

34.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BPN has high quality earnings.

Growing Profit Margin: BPN's current net profit margins (3.3%) are higher than last year (3.2%).


Past Earnings Growth Analysis

Earnings Trend: BPN's earnings have grown significantly by 34.6% per year over the past 5 years.

Accelerating Growth: BPN's earnings growth over the past year (7.9%) is below its 5-year average (34.6% per year).

Earnings vs Industry: BPN earnings growth over the past year (7.9%) underperformed the Commercial Services industry 102.6%.


Return on Equity

High ROE: BPN's Return on Equity (9.5%) is considered low.


Next Steps

Financial Health

How is Black Point's financial position?


Financial Position Analysis

Short Term Liabilities: BPN's short term assets (PLN23.3M) exceed its short term liabilities (PLN11.6M).

Long Term Liabilities: BPN's short term assets (PLN23.3M) exceed its long term liabilities (PLN352.2K).


Debt to Equity History and Analysis

Debt Level: BPN's debt to equity ratio (14.3%) is considered satisfactory.

Reducing Debt: BPN's debt to equity ratio has reduced from 19.1% to 14.3% over the past 5 years.

Debt Coverage: BPN's debt is well covered by operating cash flow (178.4%).

Interest Coverage: BPN's interest payments on its debt are well covered by EBIT (29.2x coverage).


Balance Sheet


Next Steps

Dividend

What is Black Point current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate BPN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate BPN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if BPN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BPN's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: BPN is not paying a notable dividend for the Polish market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BPN's dividend in 3 years as they are not forecast to pay a notable one for the Polish market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Kamila Yamasaki

no data

Tenure

Ms. Kamila Yamasaki has been President of the Management Board at Black Point S.A. and served as its Vice President of the Management Board since June 24, 2015. Ms. Yamasaki served as President of Black Po...


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Black Point S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Black Point S.A.
  • Ticker: BPN
  • Exchange: WSE
  • Founded: 1988
  • Industry: Office Services and Supplies
  • Sector: Commercial Services
  • Market Cap: zł12.120m
  • Shares outstanding: 12.00m
  • Website: https://www.blackpoint.pl

Number of Employees


Location

  • Black Point S.A.
  • ul. Atramentowa 5
  • Bielany Wroclawskie
  • Kobierzyce
  • 55-040
  • Poland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BPNWSE (Warsaw Stock Exchange)YesCommon Bearer SharesPLPLNMay 2010

Biography

Black Point S.A. engages in the design, production, testing, and distribution of consumable materials for printers worldwide. The company’s products include toners, inks, tapes for dot matrix printers, and...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/04 18:09
End of Day Share Price2020/12/04 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.