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CTS

City Service WSE:CTS Stock Report

Last Price

zł10.90

Market Cap

zł344.5m

7D

34.5%

1Y

-19.9%

Updated

28 Sep, 2022

Data

Company Financials
CTS fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health1/6
Dividends0/6

CTS Stock Overview

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

City Service Competitors

Price History & Performance

Summary of all time highs, changes and price drops for City Service
Historical stock prices
Current Share Pricezł10.90
52 Week Highzł18.66
52 Week Lowzł5.28
Beta0.51
1 Month Change31.40%
3 Month Change-29.68%
1 Year Change-19.85%
3 Year Change13.54%
5 Year Change9.22%
Change since IPO54.61%

Recent News & Updates

Jul 30
Is City Service (WSE:CTS) Using Too Much Debt?

Is City Service (WSE:CTS) Using Too Much Debt?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Shareholder Returns

CTSPL Commercial ServicesPL Market
7D34.5%-1.8%-4.3%
1Y-19.9%-13.0%-33.1%

Return vs Industry: CTS underperformed the Polish Commercial Services industry which returned -11.3% over the past year.

Return vs Market: CTS exceeded the Polish Market which returned -32% over the past year.

Price Volatility

Is CTS's price volatile compared to industry and market?
CTS volatility
CTS Average Weekly Movement16.8%
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: CTS is more volatile than 90% of Polish stocks over the past 3 months, typically moving +/- 17% a week.

Volatility Over Time: CTS's weekly volatility (17%) has been stable over the past year, but is still higher than 75% of Polish stocks.

About the Company

FoundedEmployeesCEOWebsite
n/a1,684Arturas 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.

City Service Fundamentals Summary

How do City Service's earnings and revenue compare to its market cap?
CTS fundamental statistics
Market Capzł344.55m
Earnings (TTM)-zł60.79m
Revenue (TTM)zł632.93m

0.5x

P/S Ratio

-5.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CTS income statement (TTM)
Revenue€131.34m
Cost of Revenue€102.63m
Gross Profit€28.71m
Other Expenses€41.32m
Earnings-€12.61m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

Nov 30, 2022

Earnings per share (EPS)-0.40
Gross Margin21.86%
Net Profit Margin-9.60%
Debt/Equity Ratio127.2%

How did CTS perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales 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 CTS?

Other financial metrics that can be useful for relative valuation.

CTS 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/Revenue0.7x
Enterprise Value/EBITDA-48.3x
PEG Ration/a

Price to Sales Ratio vs Peers

How does CTS's PS Ratio compare to its peers?

CTS PS Ratio vs Peers
The above table shows the PS ratio for CTS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average1.6x
OBL Orzel Bialy
0.4xn/azł311.4m
KRC Krynicki Recykling Spólka Akcyjna
3xn/azł394.2m
GRC Grupa RECYKL
1xn/azł95.8m
GTS Geotrans
2.1xn/azł46.7m
CTS City Service
0.5xn/azł344.5m

Price-To-Sales vs Peers: CTS is good value based on its Price-To-Sales Ratio (0.5x) compared to the peer average (1.6x).


Price to Earnings Ratio vs Industry

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

Price-To-Sales vs Industry: CTS is good value based on its Price-To-Sales Ratio (0.5x) compared to the Polish Commercial Services industry average (0.9x)


Price to Sales Ratio vs Fair Ratio

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

CTS PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.5x
Fair PS Ration/a

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


Share Price vs Fair Value

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

Below Fair Value: Insufficient data to calculate CTS's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate CTS's fair value for valuation analysis.


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.


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Future Growth

How is City Service 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 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.


Discover growth companies

  • Take a look at our analysis of CTS’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • City Service competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has City Service performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-35.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: CTS is currently unprofitable.

Growing Profit Margin: CTS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CTS is unprofitable, and losses have increased over the past 5 years at a rate of 35.6% per year.

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

Earnings vs Industry: CTS is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (32.9%).


Return on Equity

High ROE: CTS has a negative Return on Equity (-64.87%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is City Service's financial position?

Financial Health Score

1/6

Financial Health Score 1/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: CTS's short term assets (€34.5M) do not cover its short term liabilities (€47.5M).

Long Term Liabilities: CTS's short term assets (€34.5M) exceed its long term liabilities (€22.8M).


Debt to Equity History and Analysis

Debt Level: CTS's net debt to equity ratio (105.4%) is considered high.

Reducing Debt: CTS's debt to equity ratio has increased from 37.6% to 127.2% over the past 5 years.

Debt Coverage: CTS's debt is not well covered by operating cash flow (1.7%).

Interest Coverage: Insufficient data to determine if CTS's interest payments on its debt are well covered by EBIT.


Balance Sheet


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Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

City Service Dividend Yield vs Market
How does City Service dividend yield compare to the market?
SegmentDividend Yield
Company (City Service)0%
Market Bottom 25% (PL)3.1%
Market Top 25% (PL)9.3%
Industry Average (Commercial Services)7.3%
Analyst forecast in 3 Years (City Service)n/a

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

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

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


Earnings Payout to Shareholders

Earnings Coverage: CTS is not paying a notable dividend for the Polish market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as CTS has not reported any payouts.


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Management

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

5.3yrs

Average management tenure


CEO

Arturas Gudelis (45 yo)

5.25yrs

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 seasoned and experienced (5.3 years average tenure).


Board Members

Experienced Board: CTS's board of directors are considered experienced (7.4 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

What is the ownership structure of CTS?
Owner TypeNumber of SharesOwnership Percentage
General Public4,796,70715.2%
Private Companies26,813,29384.8%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 1 shareholders own 84.83% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
84.83%
Uab "Unit Invest"
26,813,293€292.3m0%no data

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
  • Implied Market Cap: zł344.549m
  • Shares outstanding: 31.61m
  • Website: https://www.cityservice.eu

Number of Employees


Location

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


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CTS1LNSEL (OMX Nordic Exchange Vilnius)YesOrdinary Registered SharesLTEURJun 2007
CTSWSE (Warsaw Stock Exchange)YesOrdinary Registered SharesPLPLNJun 2007

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/28 00:00
End of Day Share Price2022/09/28 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.