TXN

Tax-NetWSE:TXN Stock Report

Market Cap

zł5.7m

7D

14.0%

1Y

112.2%

Updated

16 Sep, 2021

Data

Company Financials
TXN fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance1/6
Financial Health5/6
Dividends0/6

TXN Overview

Tax-Net S.A. provides accounting, tax, and financial advisory services in Poland.

Price History & Performance

Summary of all time highs, changes and price drops for Tax-Net
Historical stock prices
Current Share Pricezł2.44
52 Week Highzł1.05
52 Week Lowzł3.76
Beta0.73
1 Month Change34.07%
3 Month Change22.00%
1 Year Change112.17%
3 Year Change388.00%
5 Year Change495.12%
Change since IPO-24.69%

Recent News & Updates

Shareholder Returns

TXNPL Professional ServicesPL Market
7D14.0%-1.5%0.3%
1Y112.2%-13.0%41.9%

Return vs Industry: TXN exceeded the Polish Professional Services industry which returned -13% over the past year.

Return vs Market: TXN exceeded the Polish Market which returned 41.9% over the past year.

Price Volatility

Is TXN's price volatile compared to industry and market?
TXN volatility
TXN Beta0.73
Industry Beta1.25
Market Beta1

Stable Share Price: TXN is more volatile than 90% of Polish stocks over the past 3 months, typically moving +/- 22% a week.

Volatility Over Time: TXN's weekly volatility (22%) has been stable over the past year, but is still higher than 75% of Polish stocks.

About the Company

FoundedEmployeesCEOWebsite
n/a62Pawel Glosnyhttps://www.tax-net.pl

Tax-Net S.A. provides accounting, tax, and financial advisory services in Poland. It offers tax consultancy, tax audit, tax optimization, assistance in registration and transformation of companies, representation before institutions, financial consulting, assistance in ensure liquidity, cost optimization, factoring, leasing, virtual office, and personnel and payroll consulting services. The company is based in Katowice, Poland.

Valuation

Is Tax-Net undervalued compared to its fair value and its price relative to the market?

80.21x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate TXN's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate TXN's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: TXN is poor value based on its PE Ratio (80.2x) compared to the Polish Professional Services industry average (15.9x).

PE vs Market: TXN is poor value based on its PE Ratio (80.2x) compared to the Polish market (13.9x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: TXN is good value based on its PB Ratio (1.4x) compared to the PL Professional Services industry average (2.1x).


Future Growth

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

13.0%

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 Tax-Net 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 Tax-Net performed over the past 5 years?

57.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TXN has a high level of non-cash earnings.

Growing Profit Margin: TXN's current net profit margins (0.7%) are lower than last year (3.4%).


Past Earnings Growth Analysis

Earnings Trend: TXN has become profitable over the past 5 years, growing earnings by 57.2% per year.

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

Earnings vs Industry: TXN had negative earnings growth (-77.1%) over the past year, making it difficult to compare to the Professional Services industry average (-7.9%).


Return on Equity

High ROE: TXN's Return on Equity (1.7%) is considered low.


Financial Health

How is Tax-Net's financial position?


Financial Position Analysis

Short Term Liabilities: TXN's short term assets (PLN1.8M) exceed its short term liabilities (PLN1.3M).

Long Term Liabilities: TXN's short term assets (PLN1.8M) exceed its long term liabilities (PLN798.2K).


Debt to Equity History and Analysis

Debt Level: TXN's debt to equity ratio (9.6%) is considered satisfactory.

Reducing Debt: TXN's debt to equity ratio has reduced from 25.2% to 9.6% over the past 5 years.

Debt Coverage: TXN's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: TXN's interest payments on its debt are well covered by EBIT (18.6x coverage).


Balance Sheet


Dividend

What is Tax-Net current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: TXN is not paying a notable dividend for the Polish market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of TXN'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

Pawel Glosny

no data

Tenure

Mr. Pawel Glosny has been Chairman of the Management Board at Tax-Net S.A. since June 18, 2015 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

Tax-Net S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Tax-Net S.A.
  • Ticker: TXN
  • Exchange: WSE
  • Founded: NaN
  • Industry: Research and Consulting Services
  • Sector: Commercial Services
  • Market Cap: zł5.722m
  • Shares outstanding: 2.35m
  • Website: https://www.tax-net.pl

Number of Employees


Location

  • Tax-Net S.A.
  • ul. Marcina 11
  • Katowice
  • 40-854
  • Poland

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/16 21:34
End of Day Share Price2021/09/16 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.