| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 1/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
TXN Overview
Tax-Net S.A. provides accounting, tax, and financial advisory services in Poland.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | zł2.44 |
| 52 Week High | zł1.05 |
| 52 Week Low | zł3.76 |
| Beta | 0.73 |
| 1 Month Change | 34.07% |
| 3 Month Change | 22.00% |
| 1 Year Change | 112.17% |
| 3 Year Change | 388.00% |
| 5 Year Change | 495.12% |
| Change since IPO | -24.69% |
Recent News & Updates
Shareholder Returns
| TXN | PL Professional Services | PL Market | |
|---|---|---|---|
| 7D | 14.0% | -1.5% | 0.3% |
| 1Y | 112.2% | -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
| TXN volatility | |
|---|---|
| TXN Beta | 0.73 |
| Industry Beta | 1.25 |
| Market Beta | 1 |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | 62 | Pawel Glosny | https://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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/16 21:34 |
| End of Day Share Price | 2021/09/16 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.