WSE:BSA

Stock Analysis Report

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Market Cap

zł50.3m

Last Updated

2021/06/18 05:15 UTC

Data Sources

Company Financials

Executive Summary

Bras S.A. buys, sells, rents, and leases real estate properties. More Details


Snowflake Analysis

Questionable track record and overvalued.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: BSA is more volatile than 90% of Polish stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: BSA's weekly volatility has decreased from 26% to 13% over the past year, but is still higher than 75% of Polish stocks.


Market Performance


7 Day Return

2.0%

BSA

1.1%

PL Professional Services

-0.6%

PL Market


1 Year Return

528.9%

BSA

21.5%

PL Professional Services

32.1%

PL Market

Return vs Industry: BSA exceeded the Polish Professional Services industry which returned 21.5% over the past year.

Return vs Market: BSA exceeded the Polish Market which returned 32.1% over the past year.


Shareholder returns

BSAIndustryMarket
7 Day2.0%1.1%-0.6%
30 Day20.4%-1.8%3.3%
90 Day-28.8%9.7%11.9%
1 Year528.9%528.9%21.8%21.5%33.9%32.1%
3 Year1,786.7%1,786.7%-15.6%-15.8%18.5%11.7%
5 Year-23.5%-23.5%59.9%58.8%35.9%22.2%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

169.92x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: BSA (PLN0.57) is trading above our estimate of fair value (PLN0.1)

Significantly Below Fair Value: BSA is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: BSA is poor value based on its PE Ratio (169.9x) compared to the Polish Professional Services industry average (13.4x).

PE vs Market: BSA is poor value based on its PE Ratio (169.9x) compared to the Polish market (14.9x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: BSA is good value based on its PB Ratio (2.2x) compared to the PL Professional Services industry average (3.1x).


Future Growth

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

16.4%

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 Bras 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.


Past Performance

How has Bras performed over the past 5 years?

60.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BSA has a large one-off gain of PLN150.0K impacting its March 31 2021 financial results.

Growing Profit Margin: BSA's current net profit margins (11.9%) are higher than last year (8.4%).


Past Earnings Growth Analysis

Earnings Trend: BSA has become profitable over the past 5 years, growing earnings by 60.3% per year.

Accelerating Growth: BSA's earnings growth over the past year (31.8%) is below its 5-year average (60.3% per year).

Earnings vs Industry: BSA earnings growth over the past year (31.8%) underperformed the Professional Services industry 53.9%.


Return on Equity

High ROE: BSA's Return on Equity (1.3%) is considered low.


Financial Health

How is Bras's financial position?


Financial Position Analysis

Short Term Liabilities: BSA's short term assets (PLN1.5M) do not cover its short term liabilities (PLN4.4M).

Long Term Liabilities: BSA's short term assets (PLN1.5M) do not cover its long term liabilities (PLN8.8M).


Debt to Equity History and Analysis

Debt Level: BSA's debt to equity ratio (38.1%) is considered satisfactory.

Reducing Debt: BSA's debt to equity ratio has increased from 7.6% to 38.1% over the past 5 years.

Debt Coverage: BSA's debt is not well covered by operating cash flow (10.7%).

Interest Coverage: BSA's interest payments on its debt are not well covered by EBIT (2x coverage).


Balance Sheet


Dividend

What is Bras's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate BSA'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 BSA's dividends per share have been stable in the past.

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

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


Next Steps

  • Explore strong dividend paying companies in the Commercial Services industry.

Management

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


CEO

Piotr Klomfas

no data

Tenure

Mr. Piotr Klomfas has been President of the Management Board of Bras S.A. since August 22, 2014 and serves as its Member of the Management Board.


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 been substantially diluted in the past year, with total shares outstanding growing by 74.7%.


Top Shareholders

Company Information

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


Key Information

  • Name: Bras S.A.
  • Ticker: BSA
  • Exchange: WSE
  • Founded: 2001
  • Industry: Research and Consulting Services
  • Sector: Commercial Services
  • Market Cap: zł50.290m
  • Shares outstanding: 88.85m
  • Website: https://www.inventi-power.pl

Location

  • Bras S.A.
  • ul. Ptasia 19
  • Bydgoszcz
  • 85-447
  • Poland

Listings


Biography

Bras S.A. buys, sells, rents, and leases real estate properties. It also implements renewable energy projects. The company was formerly known as INVENTI Spólka Akcyjna and changed its name to Bras S.A. in ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/18 05:15
End of Day Share Price2021/06/17 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.