WSE:CFS

Stock Analysis Report

Executive Summary

Centrum Finansowe S.A. provides debt collection services for individuals, claimers, and creditors.

Snowflake

Fundamentals

Flawless balance sheet and undervalued.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

CFS

0.4%

PL Commercial Services

1.2%

PL Market


1 Year Return

-30.9%

CFS

-3.1%

PL Commercial Services

-3.7%

PL Market

Return vs Industry: CFS underperformed the Polish Commercial Services industry which returned -3.1% over the past year.

Return vs Market: CFS underperformed the Polish Market which returned -3.7% over the past year.


Shareholder returns

CFSIndustryMarket
7 Day0%0.4%1.2%
30 Day0%1.7%-2.9%
90 Dayn/a2.6%-6.8%
1 Year-30.9%-30.9%-2.6%-3.1%-0.8%-3.7%
3 Year-66.9%-66.9%-6.1%-10.4%11.5%3.5%
5 Year-67.1%-67.7%12.7%8.7%-0.9%-12.9%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: CFS (PLN1.95) is trading below our estimate of fair value (PLN30.68)

Significantly Undervalued: CFS is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: CFS is good value based on its PE Ratio (3.4x) compared to the Commercial Services industry average (9.8x).

PE vs Market: CFS is good value based on its PE Ratio (3.4x) compared to the Polish market (9.9x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: CFS is good value based on its PB Ratio (0.7x) compared to the PL Commercial Services industry average (0.9x).


Next Steps

Future Growth

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

2.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CFS's forecast earnings growth (2% per year) is below the savings rate (2.9%).

Earnings vs Market: CFS's earnings (2% per year) are forecast to grow slower than the Polish market (10.7% per year).

High Growth Earnings: CFS's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if CFS's revenue is forecast to grow faster than the Polish market.

High Growth Revenue: Insufficient data to determine if CFS's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if CFS's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Centrum Finansowe performed over the past 5 years?

36.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: CFS's earnings have grown significantly by 36.5% per year over the past 5 years.

Accelerating Growth: CFS's earnings growth over the past year (61.5%) exceeds its 5-year average (36.5% per year).

Earnings vs Industry: CFS earnings growth over the past year (61.5%) exceeded the Commercial Services industry 3.9%.


Return on Equity

High ROE: CFS's Return on Equity (21%) is considered high.


Return on Assets

ROA vs Industry: CFS has a higher Return on Assets than the Commercial Services industry average last year.


Return on Capital Employed

ROCE Improving: CFS's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Centrum Finansowe's financial position?


Financial Position Analysis

Short Term Liabilities: CFS's short term assets (PLN9.0M) exceeds its short term liabilities (PLN1.2M)

Long Term Liabilities: CFS's short term assets (9.0M) exceeds its long term liabilities (4.6M)


Debt to Equity History and Analysis

Debt Level: CFS is debt free.

Reducing Debt: CFS has no debt compared to 5 years ago when its debt to equity ratio was 46.4%.

Debt Coverage: CFS has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: CFS has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: CFS has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if CFS's debt is covered by short term assets.


Next Steps

Dividend

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


Dividend Yield vs Market

company0%marketbottom25%2.6%markettop25%7.2%industryaverage7.6%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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


Next Steps

Management

What is the CEO of Centrum Finansowe's salary, the management and board of directors tenure and is there insider trading?


CEO

Jerzy Tofil 0

6yrs

Tenure

0

Mr. Jerzy Tofil has been the President of the Management Board of Centrum Finansowe Banku BPS Spólka Akcyjna. since October 2013. Mr. Tofil has been a Director of Legal Department at Bank Polskiej Spó?dzie ...


Insider Trading

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


Ownership Breakdown


Management Team

  • Anna Rudnicka

    Vice President of The Management Board

    • Tenure: 4.3yrs
  • Jerzy Tofil

    President of the Management Board

    • Tenure: 6yrs
  • Zdzislawa Maksymiuk

    Secretary of The Supervisory Board and Member of Supervisory Board

    • Tenure: 8.8yrs

Board Members

  • Wladyslaw Klazynski

    Vice Chairman of The Supervisory Board

    • Tenure: 0yrs
  • Witold Baran

    Chairman of the Supervisory Board

    • Tenure: 0yrs
  • Zdzislawa Maksymiuk

    Secretary of The Supervisory Board and Member of Supervisory Board

    • Tenure: 8.8yrs
  • Robert Banach

    Member of the Supervisory Board

    • Tenure: 0yrs
  • Magdalena Waniek

    Member of the Supervisory Board

    • Tenure: 0yrs
  • Krzysztof Rozko

    Supervisory Board Member

    • Tenure: 0yrs

Company Information

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


Key Information

  • Name: Centrum Finansowe S.A.
  • Ticker: CFS
  • Exchange: WSE
  • Founded: 2008
  • Industry: Diversified Support Services
  • Sector: Commercial Services
  • Market Cap: zł16.309m
  • Shares outstanding: 8.36m
  • Website: https://cfsa.pl

Location

  • Centrum Finansowe S.A.
  • ul. Grzybowska 87
  • Warszawa
  • 00-844
  • Poland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CFSWSE (Warsaw Stock Exchange)YesCommon Bearer SharesPLPLNDec 2011

Biography

Centrum Finansowe S.A. provides debt collection services for individuals, claimers, and creditors. It engages in the purchase of claims; debt handling; managing securitization funds; restructuring consulti ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/16 21:18
End of Day Share Price2019/09/09 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.