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BTG

Blue Tax GroupWSE:BTG Stock Report

Market Cap

zł4.2m

7D

8.8%

1Y

61.1%

Updated

24 Sep, 2021

Data

Company Financials
BTG fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

BTG Overview

Blue Tax Group S.A. provides outsourcing consulting services in the fields of law, taxation, accounting, and finance in Poland.

Price History & Performance

Summary of all time highs, changes and price drops for Blue Tax Group
Historical stock prices
Current Share Pricezł2.98
52 Week Highzł1.40
52 Week Lowzł4.30
Beta0.36
1 Month Change17.32%
3 Month Change10.37%
1 Year Change61.08%
3 Year Change198.00%
5 Year Change198.00%
Change since IPO-88.54%

Recent News & Updates

May 22
Calculating The Fair Value Of Blue Tax Group S.A. (WSE:BTG)

Calculating The Fair Value Of Blue Tax Group S.A. (WSE:BTG)

In this article we are going to estimate the intrinsic value of Blue Tax Group S.A. ( WSE:BTG ) by projecting its...

Shareholder Returns

BTGPL Professional ServicesPL Market
7D8.8%-1.7%-1.3%
1Y61.1%-13.5%44.1%

Return vs Industry: BTG exceeded the Polish Professional Services industry which returned -14.2% over the past year.

Return vs Market: BTG exceeded the Polish Market which returned 45.8% over the past year.

Price Volatility

Is BTG's price volatile compared to industry and market?
BTG volatility
BTG Beta0.36
Industry Beta1.23
Market Beta1

Stable Share Price: BTG is more volatile than 90% of Polish stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: BTG's weekly volatility has decreased from 20% to 11% over the past year, but is still higher than 75% of Polish stocks.

About the Company

FoundedEmployeesCEOWebsite
19924Malwina Stanislawskahttps://www.bluetax.pl

Blue Tax Group S.A. provides outsourcing consulting services in the fields of law, taxation, accounting, and finance in Poland. The company was founded in 1992 and is based in Wroclaw, Poland.

Blue Tax Group Fundamentals Summary

How do Blue Tax Group's earnings and revenue compare to its market cap?
BTG fundamental statistics
Market Capzł4.17m
Earnings (TTM)-zł3.14k
Revenue (TTM)zł861.20k

4.8x

P/S Ratio

-1.3kx

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BTG income statement (TTM)
Revenuezł861.20k
Cost of Revenuezł527.04k
Gross Profitzł334.16k
Expenseszł337.31k
Earnings-zł3.14k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Nov 09, 2021

Earnings per share (EPS)-0.0022
Gross Margin38.80%
Net Profit Margin-0.37%
Debt/Equity Ratio-298.7%

How did BTG perform over the long term?

See historical performance and comparison

Valuation

Is Blue Tax Group undervalued compared to its fair value and its price relative to the market?


Share Price vs. Fair Value

Below Fair Value: BTG (PLN2.98) is trading above our estimate of fair value (PLN2.43)

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


Price To Earnings Ratio

PE vs Industry: BTG is unprofitable, so we can't compare its PE Ratio to the Polish Professional Services industry average.

PE vs Market: BTG is unprofitable, so we can't compare its PE Ratio to the Polish market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: BTG has negative assets, so we can't compare its PB Ratio to the PL Professional Services industry average.


Future Growth

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

12.8%

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 Blue Tax Group 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 Blue Tax Group performed over the past 5 years?

33.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BTG is currently unprofitable.

Growing Profit Margin: BTG is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BTG is unprofitable, but has reduced losses over the past 5 years at a rate of 33.2% per year.

Accelerating Growth: Unable to compare BTG's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: BTG is unprofitable, making it difficult to compare its past year earnings growth to the Professional Services industry (-7.9%).


Return on Equity

High ROE: BTG's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Financial Health

How is Blue Tax Group's financial position?


Financial Position Analysis

Short Term Liabilities: BTG has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: BTG has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: BTG has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: BTG's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable BTG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: BTG is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 12.6% per year.


Dividend

What is Blue Tax Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if BTG'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 BTG'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

Malwina Stanislawska

no data

Tenure

Ms. Malwina Stanislawska serves as President of the Management Board at Blue Tax Group Sa. and served as its Vice President 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Blue Tax Group S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Blue Tax Group S.A.
  • Ticker: BTG
  • Exchange: WSE
  • Founded: 1992
  • Industry: Research and Consulting Services
  • Sector: Commercial Services
  • Market Cap: zł4.172m
  • Shares outstanding: 1.40m
  • Website: https://www.bluetax.pl

Number of Employees


Location

  • Blue Tax Group S.A.
  • ul.Szewska 8
  • 4th Floor
  • Wroclaw
  • 50-122
  • Poland

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/24 22:59
End of Day Share Price2021/09/24 00:00
Earnings2021/06/30
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.