WSE:PLM

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

Polman S.A. provides various industrial cleaning services for petrochemical, chemical, cogeneration, food, and paper industries in Poland. More Details


Snowflake Analysis

Flawless balance sheet with questionable track record.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: PLM is more volatile than 75% of Polish stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: PLM's weekly volatility has decreased from 22% to 13% over the past year, but is still higher than 75% of Polish stocks.


Market Performance


7 Day Return

-2.5%

PLM

-8.5%

PL Commercial Services

0.1%

PL Market


1 Year Return

176.2%

PLM

22.0%

PL Commercial Services

-3.0%

PL Market

Return vs Industry: PLM exceeded the Polish Commercial Services industry which returned 24.6% over the past year.

Return vs Market: PLM exceeded the Polish Market which returned -4.4% over the past year.


Shareholder returns

PLMIndustryMarket
7 Day-2.5%-8.5%0.1%
30 Day-16.8%-8.9%15.7%
90 Day-31.3%-6.9%5.2%
1 Year176.2%176.2%25.0%22.0%-2.1%-3.0%
3 Year154.8%154.8%16.3%10.9%-14.0%-19.3%
5 Year364.7%364.7%31.8%23.3%10.7%-1.7%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

14.12x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: PLM (PLN0.79) is trading above our estimate of fair value (PLN0)

Significantly Below Fair Value: PLM is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: PLM is poor value based on its PE Ratio (14.1x) compared to the PL Commercial Services industry average (10x).

PE vs Market: PLM is poor value based on its PE Ratio (14.1x) compared to the Polish market (12.4x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: PLM is overvalued based on its PB Ratio (2.2x) compared to the PL Commercial Services industry average (1.2x).


Next Steps

Future Growth

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

30.4%

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 Polman 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.


Next Steps

Past Performance

How has Polman performed over the past 5 years?

37.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PLM has high quality earnings.

Growing Profit Margin: PLM's current net profit margins (9.4%) are lower than last year (17.7%).


Past Earnings Growth Analysis

Earnings Trend: PLM's earnings have grown significantly by 37.6% per year over the past 5 years.

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

Earnings vs Industry: PLM had negative earnings growth (-34.8%) over the past year, making it difficult to compare to the Commercial Services industry average (76.1%).


Return on Equity

High ROE: PLM's Return on Equity (15.5%) is considered low.


Next Steps

Financial Health

How is Polman's financial position?


Financial Position Analysis

Short Term Liabilities: PLM's short term assets (PLN6.8M) exceed its short term liabilities (PLN3.6M).

Long Term Liabilities: PLM's short term assets (PLN6.8M) exceed its long term liabilities (PLN2.7M).


Debt to Equity History and Analysis

Debt Level: PLM is debt free.

Reducing Debt: PLM currently has no debt however we can't compare to 5 years ago as we have no data for that period.

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

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


Balance Sheet


Next Steps

Dividend

What is Polman current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if PLM'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 PLM's dividend in 3 years as they are not forecast to pay a notable one for the Polish market.


Next Steps

Management

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


CEO

Mariusz Nowak

11.92yrs

Tenure

Mr. Mariusz Nowak has been the President of the Management Board at Polman Spólka Akcyjna since 2009 and serves as its Chief Executive Officer.


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

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


Key Information

  • Name: Polman S.A.
  • Ticker: PLM
  • Exchange: WSE
  • Founded: 1986
  • Industry: Diversified Support Services
  • Sector: Commercial Services
  • Market Cap: zł25.080m
  • Shares outstanding: 33.00m
  • Website: https://polman.pl

Number of Employees


Location

  • Polman S.A.
  • Na Skraju street 68
  • Warsaw
  • 02-197
  • Poland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PLMWSE (Warsaw Stock Exchange)YesCommon Bearer SharesPLPLNFeb 2008

Biography

Polman S.A. provides various industrial cleaning services for petrochemical, chemical, cogeneration, food, and paper industries in Poland. The company’s industrial service covers a range of specialist indu...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/02 18:08
End of Day Share Price2020/12/02 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.