WSE:CLS

Stock Analysis Report

Calesco Spólka Akcyjna

Executive Summary

Calesco Spólka Akcyjna engages in the servicing of incinerators for individual and institutional clients in Poland.

Snowflake

Fundamentals

Flawless balance sheet and good value.

Share Price & News

How has Calesco Spólka Akcyjna's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-33.8%

CLS

0.1%

PL Commercial Services

1.1%

PL Market


1 Year Return

-6.5%

CLS

-3.3%

PL Commercial Services

-3.2%

PL Market


Shareholder returns

CLSIndustryMarket
7 Day-33.8%0.1%1.1%
30 Day-30.9%1.9%-2.6%
90 Day-35.4%1.9%-7.7%
1 Year-5.0%-6.5%-2.9%-3.3%-0.3%-3.2%
3 Year-47.2%-50.0%-5.9%-10.1%11.6%3.6%
5 Year-16.7%-26.4%15.9%11.7%0.2%-11.9%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Calesco Spólka Akcyjna undervalued compared to its fair value and its price relative to the market?

22.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: CLS (PLN0.8) is trading below our estimate of fair value (PLN1.03)

Significantly Undervalued: CLS is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: CLS is good value based on its PE Ratio (3x) compared to the Commercial Services industry average (9.7x).

PE vs Market: CLS is good value based on its PE Ratio (3x) compared to the Polish market (10x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: CLS is good value based on its PB Ratio (0.7x) compared to the PL Commercial Services industry average (1x).


Next Steps

Future Growth

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

-11.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CLS's earnings are forecast to decline over the next 3 years (-11.5% per year).

Earnings vs Market: CLS's earnings are forecast to decline over the next 3 years (-11.5% per year).

High Growth Earnings: CLS's earnings are forecast to decline over the next 3 years.

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

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


Earnings per Share Growth Forecasts


Future Return on Equity

Information is not available.


Next Steps

Past Performance

How has Calesco Spólka Akcyjna performed over the past 5 years?

-2.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: CLS's earnings have declined by -2.5% per year over the past 5 years.

Accelerating Growth: CLS's earnings growth over the past year (367.5%) exceeds its 5-year average (-2.5% per year).

Earnings vs Industry: CLS earnings growth over the past year (367.5%) exceeded the Commercial Services industry 3.9%.


Return on Equity

High ROE: CLS's Return on Equity (22.9%) is considered high.


Return on Assets

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


Return on Capital Employed

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


Next Steps

Financial Health

How is Calesco Spólka Akcyjna's financial position?


Financial Position Analysis

Short Term Liabilities: CLS's short term assets (PLN2.7M) exceeds its short term liabilities (PLN2.0M)

Long Term Liabilities: CLS's short term assets (2.7M) exceeds its long term liabilities (553.0K)


Debt to Equity History and Analysis

Debt Level: CLS's debt to equity ratio (16.1%) is considered satisfactory

Reducing Debt: CLS's debt to equity ratio has reduced from 73.8% to 16.1% over the past 5 years.

Debt Coverage: CLS's debt is well covered by operating cash flow (130.7%).

Interest Coverage: CLS's interest payments on its debt are well covered by EBIT (15.6x coverage).


Balance Sheet

Information is not available.

Information is not available.


Next Steps

Dividend

What is Calesco Spólka Akcyjna's current dividend yield, its reliability and sustainability?

2.51%

Current Dividend Yield


Dividend Yield vs Market

company2.5%marketbottom25%2.6%markettop25%7.4%industryaverage7.6%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: CLS's dividend (2.52%) isn’t notable compared to the bottom 25% of dividend payers in the Polish market (2.64%).

High Dividend: CLS's dividend (2.52%) is low compared to the top 25% of dividend payers in the Polish market (7.41%).

Stable Dividend: CLS has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: CLS has only been paying a dividend for 5 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (7.7%), CLS's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

What is the CEO of Calesco Spólka Akcyjna's salary, the management and board of directors tenure and is there insider trading?


CEO

Krzysztof Dokowski 0

0yrs

Tenure

0

Mr. Krzysztof Dokowski serves as the Chairman of Management Board of Calesco SA. 


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

  • Krzysztof Dokowski

    CEO & President of Management Board

    • Tenure: 0yrs
  • Renata Gryczka

    Member of The Management Board

    • Tenure: 11.4yrs

Board Members

  • Marcin Majewski

    Chairman of The Supervisory Board

    • Tenure: 0yrs
  • Michal Gryczka

    Member of The Supervisory Board

    • Tenure: 0yrs
  • Joanna Dokowska

    Member of The Supervisory Board

    • Tenure: 0yrs
  • Renata Krzyzanowska

    Member of The Supervisory Board

    • Tenure: 0yrs
  • Janina Dokowska

    Member of the Supervisory Board

    • Tenure: 0yrs

Company Information

Calesco Spólka Akcyjna's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Calesco Spólka Akcyjna
  • Ticker: CLS
  • Exchange: WSE
  • Founded: 1991
  • Industry: Diversified Support Services
  • Sector: Commercial Services
  • Market Cap: zł2.165m
  • Shares outstanding: 2.72m
  • Website: https://www.calesco.pl

Location

  • Calesco Spólka Akcyjna
  • ul. Tczewska 32
  • Szczecin
  • 70-850
  • Poland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CLSWSE (Warsaw Stock Exchange)YesCommon Bearer SharesPLPLNAug 2010

Biography

Calesco Spólka Akcyjna engages in the servicing of incinerators for individual and institutional clients in Poland. Its services comprise boiler room services; installation and start-up of heating systems; ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/06/04 21:19
End of Day Share Price2019/06/03 00:00
Earnings2018/09/30
Annual Earnings2017/12/31


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.