WSE:CWA

Stock Analysis Report

Executive Summary

CWA S.A. engages in the training and management, IT solutions, and consulting businesses in Poland.

Snowflake

Fundamentals

Flawless balance sheet and fair value.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

CWA

3.4%

PL Professional Services

2.1%

PL Market


1 Year Return

-50.0%

CWA

-23.7%

PL Professional Services

-2.7%

PL Market

Return vs Industry: CWA underperformed the Polish Professional Services industry which returned -23.7% over the past year.

Return vs Market: CWA underperformed the Polish Market which returned -2.7% over the past year.


Shareholder returns

CWAIndustryMarket
7 Day0%3.4%2.1%
30 Day-27.3%-4.3%-1.6%
90 Dayn/a3.9%-6.9%
1 Year-50.0%-50.0%-23.6%-23.7%0.2%-2.7%
3 Yearn/a-21.5%-21.8%12.1%4.1%
5 Yearn/a2.8%5.4%-0.5%-12.5%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is CWA 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: CWA (PLN0.24) is trading below our estimate of fair value (PLN0.61)

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


Price To Earnings Ratio

PE vs Industry: CWA is poor value based on its PE Ratio (19.3x) compared to the Professional Services industry average (13.6x).

PE vs Market: CWA is poor value based on its PE Ratio (19.3x) compared to the Polish market (10.1x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: CWA is good value based on its PB Ratio (0.6x) compared to the PL Professional Services industry average (1.6x).


Next Steps

Future Growth

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

12.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CWA's forecast earnings growth (12.8% per year) is above the savings rate (2.9%).

Earnings vs Market: CWA's earnings (12.8% per year) are forecast to grow faster than the Polish market (10.6% per year).

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

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

High Growth Revenue: Insufficient data to determine if CWA'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 CWA's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has CWA performed over the past 5 years?

0.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

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

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

Earnings vs Industry: CWA had negative earnings growth (-91%) over the past year, making it difficult to compare to the Professional Services industry average (-28.2%).


Return on Equity

High ROE: CWA's Return on Equity (3.2%) is considered low.


Return on Assets

ROA vs Industry: CWA's Return on Assets is below or equal to the Professional Services industry average last year.


Return on Capital Employed

ROCE Improving: Insufficient data to calculate CWA's Return on Capital Employed to determine if it has improved over the past 3 years.


Next Steps

Financial Health

How is CWA's financial position?


Financial Position Analysis

Short Term Liabilities: CWA's short term assets (PLN2.9M) exceeds its short term liabilities (PLN1.4M)

Long Term Liabilities: CWA's short term assets (2.9M) exceeds its long term liabilities (123.2K)


Debt to Equity History and Analysis

Debt Level: CWA is debt free.

Reducing Debt: CWA has not had any debt for past 5 years.

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

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


Balance Sheet

Inventory Level: CWA has a high level of physical assets or inventory.

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


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.6%markettop25%7.2%industryaverage2.6%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CWA'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 CWA's salary, the management and board of directors tenure and is there insider trading?

zł18k

CEO Compensation


CEO

Dawid Borowiak 0

0yrs

Tenure

zł18,365

Compensation

Mr. Dawid Waldemar Borowiak serves as President of the Management Board at CWA S.A. Mr. Borowiak served as Member of the Supervisory Board at EC2 S.A. 


CEO Compensation Analysis

Compensation vs. Market: Insufficient data to establish whether Dawid's total compensation is reasonable compared to companies of similar size in the Polish market.

Compensation vs Earnings: Dawid's compensation has been consistent with company performance over the past year.


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

  • Dawid Borowiak

    President of the Management Board

    • Tenure: 0yrs
    • Compensation: zł18.37k

Board Members

  • Agnieszka Oponowicz

    Member of Supervisory Board

    • Tenure: 0yrs
  • Dariusz Falkowski

    Member of Supervisory Board

    • Tenure: 0yrs
  • Dominik Czarnota

    Member of Supervisory Board

    • Tenure: 0yrs
  • Bartosz Michalowski

    Member of Supervisory Board

    • Tenure: 0yrs
  • Szymon Szymanski

    Member of Supervisory Board

    • Tenure: 0yrs

Company Information

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


Key Information

  • Name: CWA S.A.
  • Ticker: CWA
  • Exchange: WSE
  • Founded:
  • Industry: Human Resource and Employment Services
  • Sector: Commercial Services
  • Market Cap: zł1.080m
  • Shares outstanding: 4.50m
  • Website: https://cwa.pl

Location

  • CWA S.A.
  • ul. Górecka 30
  • Poznan
  • 60-201
  • Poland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CWAWSE (Warsaw Stock Exchange)YesShare CapitalPLPLNOct 2017

Biography

CWA S.A. engages in the training and management, IT solutions, and consulting businesses in Poland. The company provides training for managers and employees of public administration in the areas of public  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/17 22:07
End of Day Share Price2019/10/17 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.