CTS

City ServiceWSE:CTS Stock Report

Market Cap

zł410.9m

7D

-3.6%

1Y

62.5%

Updated

22 Sep, 2021

Data

Company Financials
CTS fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance1/6
Financial Health4/6
Dividends2/6

CTS Overview

City Service SE, together with its subsidiaries, provides facility management and integrated utility services in Lithuania, Poland, Spain, Latvia, and Russia.

Price History & Performance

Summary of all time highs, changes and price drops for City Service
Historical stock prices
Current Share Pricezł13.00
52 Week Highzł6.43
52 Week Lowzł17.60
Beta0.56
1 Month Change-3.70%
3 Month Change-4.41%
1 Year Change62.50%
3 Year Change30.00%
5 Year Change49.43%
Change since IPO84.40%

Recent News & Updates

May 24
We Like These Underlying Return On Capital Trends At City Service (WSE:CTS)

We Like These Underlying Return On Capital Trends At City Service (WSE:CTS)

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...

May 03
City Service (WSE:CTS) Has A Rock Solid Balance Sheet

City Service (WSE:CTS) Has A Rock Solid Balance Sheet

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...

Mar 23
Here's What You Should Know About City Service SE's (WSE:CTS) 4.3% Dividend Yield

Here's What You Should Know About City Service SE's (WSE:CTS) 4.3% Dividend Yield

Today we'll take a closer look at City Service SE ( WSE:CTS ) from a dividend investor's perspective. Owning a strong...

Shareholder Returns

CTSPL Commercial ServicesPL Market
7D-3.6%-3.0%-2.8%
1Y62.5%52.6%42.2%

Return vs Industry: CTS exceeded the Polish Commercial Services industry which returned 52.6% over the past year.

Return vs Market: CTS exceeded the Polish Market which returned 42.2% over the past year.

Price Volatility

Is CTS's price volatile compared to industry and market?
CTS volatility
CTS Beta0.56
Industry Beta0.68
Market Beta1

Stable Share Price: CTS is not significantly more volatile than the rest of Polish stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: CTS's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a2,727Arturas Gudelishttps://www.cityservice.eu

City Service SE, together with its subsidiaries, provides facility management and integrated utility services in Lithuania, Poland, Spain, Latvia, and Russia. The company engages in the administration of commercial and residential apartment buildings, dwelling-houses, and marketplaces; maintenance, cleaning, and washing of territories and premises; maintenance and repair of engineering systems, machines, and installed technical equipment; and cleaning of pipelines, sewage, and fuel and other tanks. Its property management activities include real estate service operations, rent management, searching and handling of tenant payments, analyzing the risk related to property depreciation, and tenant control.

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CTS (PLN13) is trading below our estimate of fair value (PLN31.94)

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


Price To Earnings Ratio

PE vs Industry: CTS is poor value based on its PE Ratio (34.5x) compared to the Polish Commercial Services industry average (12.5x).

PE vs Market: CTS is poor value based on its PE Ratio (34.5x) compared to the Polish market (12.9x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: CTS's PB Ratio (2.5x) is in line with the PL Commercial Services industry average.


Future Growth

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

23.2%

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 City Service 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 City Service performed over the past 5 years?

-0.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CTS has high quality earnings.

Growing Profit Margin: CTS's current net profit margins (1.8%) are lower than last year (1.9%).


Past Earnings Growth Analysis

Earnings Trend: CTS's earnings have declined by 0.4% per year over the past 5 years.

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

Earnings vs Industry: CTS had negative earnings growth (-19%) over the past year, making it difficult to compare to the Commercial Services industry average (51.6%).


Return on Equity

High ROE: CTS's Return on Equity (7%) is considered low.


Financial Health

How is City Service's financial position?


Financial Position Analysis

Short Term Liabilities: CTS's short term assets (€45.9M) exceed its short term liabilities (€43.5M).

Long Term Liabilities: CTS's short term assets (€45.9M) exceed its long term liabilities (€27.6M).


Debt to Equity History and Analysis

Debt Level: CTS's debt to equity ratio (54%) is considered high.

Reducing Debt: CTS's debt to equity ratio has increased from 29.3% to 54% over the past 5 years.

Debt Coverage: CTS's debt is well covered by operating cash flow (84.8%).

Interest Coverage: CTS's interest payments on its debt are well covered by EBIT (15x coverage).


Balance Sheet


Dividend

What is City Service current dividend yield, its reliability and sustainability?

15.29%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CTS's dividend (15.29%) is higher than the bottom 25% of dividend payers in the Polish market (2.16%).

High Dividend: CTS's dividend (15.29%) is in the top 25% of dividend payers in the Polish market (6.21%)


Stability and Growth of Payments

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

Growing Dividend: CTS's dividend payments have increased, but the company has only paid a dividend for 6 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (498.7%), CTS's dividend payments are not well 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

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

4.1yrs

Average management tenure


CEO

Arturas Gudelis (44 yo)

4.25yrs

Tenure

Mr. Arturas Gudelis has been the Financial Director at ICOR since 2006. Mr. Gudelis has served as the Chairman of the Management Board since June 26, 2017 and served as a Member of Supervisory Board at Cit...


Leadership Team

Experienced Management: CTS's management team is considered experienced (4.1 years average tenure).


Board Members

Experienced Board: CTS's board of directors are considered experienced (5.5 years average tenure).


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

City Service SE's employee growth, exchange listings and data sources


Key Information

  • Name: City Service SE
  • Ticker: CTS
  • Exchange: WSE
  • Founded: NaN
  • Industry: Environmental and Facilities Services
  • Sector: Commercial Services
  • Market Cap: zł410.930m
  • Shares outstanding: 31.61m
  • Website: https://www.cityservice.eu

Number of Employees


Location

  • City Service SE
  • Ozo str. 12A
  • Vilnius
  • 8200
  • Lithuania

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/22 17:02
End of Day Share Price2021/09/22 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.