company background image
CFS

Centrum Finansowe WSE:CFS Stock Report

Last Price

zł4.18

Market Cap

zł38.5m

7D

-1.4%

1Y

-0.9%

Updated

29 Sep, 2022

Data

Company Financials
CFS fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends5/6

CFS Stock Overview

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

Centrum Finansowe Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Centrum Finansowe
Historical stock prices
Current Share Pricezł4.18
52 Week Highzł5.55
52 Week Lowzł3.12
Beta0.44
1 Month Change9.42%
3 Month Change-12.55%
1 Year Change-0.95%
3 Year Change114.36%
5 Year Change-30.33%
Change since IPO-19.15%

Recent News & Updates

Aug 30
Is Centrum Finansowe (WSE:CFS) Using Too Much Debt?

Is Centrum Finansowe (WSE:CFS) Using Too Much Debt?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Aug 03
Centrum Finansowe (WSE:CFS) Could Be Struggling To Allocate Capital

Centrum Finansowe (WSE:CFS) Could Be Struggling To Allocate Capital

To find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...

Shareholder Returns

CFSPL Commercial ServicesPL Market
7D-1.4%-1.8%-4.3%
1Y-0.9%-13.0%-33.1%

Return vs Industry: CFS exceeded the Polish Commercial Services industry which returned -13% over the past year.

Return vs Market: CFS exceeded the Polish Market which returned -33.1% over the past year.

Price Volatility

Is CFS's price volatile compared to industry and market?
CFS volatility
CFS Average Weekly Movement12.6%
Commercial Services Industry Average Movement7.8%
Market Average Movement6.1%
10% most volatile stocks in PL Market11.7%
10% least volatile stocks in PL Market3.8%

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

Volatility Over Time: CFS's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Polish stocks.

About the Company

FoundedEmployeesCEOWebsite
200840n/ahttps://cfsa.pl

Centrum Finansowe S.A. provides debt collection services for individuals, debtors, and creditors. It engages in the purchase of receivables; debt management; managing securitization funds; restructuring consulting; and the monitoring of receivables, as well as provision of mortgage-secured receivables. The company was formerly known as Centrum Finansowe Banku BPS Spólka Akcyjna.

Centrum Finansowe Fundamentals Summary

How do Centrum Finansowe's earnings and revenue compare to its market cap?
CFS fundamental statistics
Market Capzł38.46m
Earnings (TTM)zł7.02m
Revenue (TTM)zł16.94m

5.5x

P/E Ratio

2.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CFS income statement (TTM)
Revenuezł16.94m
Cost of Revenuezł103.72k
Gross Profitzł16.84m
Other Expenseszł9.82m
Earningszł7.02m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

Nov 14, 2022

Earnings per share (EPS)0.76
Gross Margin99.39%
Net Profit Margin41.43%
Debt/Equity Ratio35.1%

How did CFS perform over the long term?

See historical performance and comparison

Dividends

10.5%

Current Dividend Yield

58%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is CFS undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CFS?

Other financial metrics that can be useful for relative valuation.

CFS key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2.2x
Enterprise Value/EBITDA3.7x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does CFS's PE Ratio compare to its peers?

CFS PE Ratio vs Peers
The above table shows the PE ratio for CFS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average35.4x
BLT Balticon
14.3xn/azł30.7m
JWW JWW Invest
10.1xn/azł20.8m
VIN Gielda Praw Majatkowych Vindexus Spolka Akcyjna
2.2xn/azł71.0m
SUL Summa Linguae
115.1xn/azł160.5m
CFS Centrum Finansowe
5.5xn/azł38.5m

Price-To-Earnings vs Peers: CFS is good value based on its Price-To-Earnings Ratio (5.5x) compared to the peer average (35.4x).


Price to Earnings Ratio vs Industry

How does CFS's PE Ratio compare vs other companies in the European Commercial Services Industry?

Price-To-Earnings vs Industry: CFS is good value based on its Price-To-Earnings Ratio (5.5x) compared to the European Commercial Services industry average (13.8x)


Price to Earnings Ratio vs Fair Ratio

What is CFS's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CFS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio5.5x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate CFS's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of CFS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: CFS (PLN4.18) is trading below our estimate of fair value (PLN26.89)

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


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


Discover undervalued companies

Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


17.3%

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 Centrum Finansowe 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.


Discover growth companies

  • Examine whether Centrum Finansowe is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  • Centrum Finansowe competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Centrum Finansowe performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


13.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: CFS has high quality earnings.

Growing Profit Margin: CFS's current net profit margins (41.4%) are lower than last year (46.1%).


Past Earnings Growth Analysis

Earnings Trend: CFS's earnings have grown by 13.4% per year over the past 5 years.

Accelerating Growth: CFS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: CFS had negative earnings growth (-2.1%) over the past year, making it difficult to compare to the Commercial Services industry average (27.4%).


Return on Equity

High ROE: CFS's Return on Equity (17.8%) is considered low.


Discover strong past performing companies

Financial Health

How is Centrum Finansowe's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: CFS's short term assets (PLN16.9M) exceed its short term liabilities (PLN4.0M).

Long Term Liabilities: CFS's short term assets (PLN16.9M) exceed its long term liabilities (PLN15.8M).


Debt to Equity History and Analysis

Debt Level: CFS has more cash than its total debt.

Reducing Debt: Insufficient data to determine if CFS's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: CFS's debt is well covered by operating cash flow (95%).

Interest Coverage: CFS's interest payments on its debt are well covered by EBIT (15.2x coverage).


Balance Sheet


Discover healthy companies

Dividend

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

Dividend Score

5/6

Dividend Score 5/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


10.53%

Current Dividend Yield

Dividend Yield vs Market

Centrum Finansowe Dividend Yield vs Market
How does Centrum Finansowe dividend yield compare to the market?
SegmentDividend Yield
Company (Centrum Finansowe)10.5%
Market Bottom 25% (PL)3.1%
Market Top 25% (PL)9.3%
Industry Average (Commercial Services)7.3%
Analyst forecast in 3 Years (Centrum Finansowe)n/a

Notable Dividend: CFS's dividend (10.53%) is higher than the bottom 25% of dividend payers in the Polish market (3.09%).

High Dividend: CFS's dividend (10.53%) is in the top 25% of dividend payers in the Polish market (9.3%)


Stability and Growth of Payments

Stable Dividend: CFS's dividend payments have been volatile in the past 10 years.

Growing Dividend: CFS's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (57.7%), CFS's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (30.8%), CFS's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Management

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


CEO

Centrum Finansowe has no CEO, or we have no data on them.


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

What is the ownership structure of CFS?
Owner TypeNumber of SharesOwnership Percentage
General Public554,4086.0%
Individual Insiders1,090,82011.9%
Private Companies7,554,62882.1%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 10%.


Top Shareholders

Top 3 shareholders own 93.97% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
82.12%
Equity Fund Sp. z o.o. 4 Asi Spolka Komandytowa
7,554,628PLN31.6m0%no data
6.48%
Piotr Szynalski
596,174PLN2.5m0%no data
5.38%
Beata Borowiecka
494,646PLN2.1m0%no data

Company Information

Centrum Finansowe S.A.'s 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
  • Implied Market Cap: zł38.455m
  • Shares outstanding: 9.20m
  • Website: https://cfsa.pl

Number of Employees


Location

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


Listings

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

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/29 00:00
End of Day Share Price2022/09/29 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.