WSE:VDS

Stock Analysis Report

Executive Summary

ViDiS S.A. distributes audio-visual devices in Poland and internationally.

Snowflake

Excellent balance sheet and fair value.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: VDS has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-10.3%

VDS

1.8%

PL Commercial Services

-1.0%

PL Market


1 Year Return

-24.9%

VDS

10.0%

PL Commercial Services

0.8%

PL Market

Return vs Industry: VDS underperformed the Polish Commercial Services industry which returned 10% over the past year.

Return vs Market: VDS underperformed the Polish Market which returned 0.8% over the past year.


Shareholder returns

VDSIndustryMarket
7 Day-10.3%1.8%-1.0%
30 Day7.8%4.6%2.6%
90 Day6.9%9.1%5.3%
1 Year-24.9%-24.9%10.5%10.0%4.0%0.8%
3 Year29.9%29.9%2.2%-3.0%18.2%9.5%
5 Year39.4%28.7%18.5%14.4%3.1%-9.6%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

2.85x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: VDS (PLN2.78) is trading above our estimate of fair value (PLN0.09)

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


Price To Earnings Ratio

PE vs Industry: VDS is good value based on its PE Ratio (2.8x) compared to the Commercial Services industry average (10.7x).

PE vs Market: VDS is good value based on its PE Ratio (2.8x) compared to the Polish market (10.4x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: VDS is good value based on its PB Ratio (0.5x) compared to the PL Commercial Services industry average (1x).


Next Steps

Future Growth

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

1.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: VDS's forecast earnings growth (1.9% per year) is below the savings rate (2.9%).

Earnings vs Market: VDS's earnings (1.9% per year) are forecast to grow slower than the Polish market (10.5% per year).

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

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

High Growth Revenue: Insufficient data to determine if VDS's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if VDS's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has ViDiS performed over the past 5 years?

26.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: VDS has large one-off items impacting its financial results.

Growing Profit Margin: VDS's current net profit margins (3.4%) are lower than last year (4.5%).


Past Earnings Growth Analysis

Earnings Trend: VDS's earnings have grown significantly by 26.5% per year over the past 5 years.

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

Earnings vs Industry: VDS had negative earnings growth (-12.1%) over the past year, making it difficult to compare to the Commercial Services industry average (3.4%).


Return on Equity

High ROE: VDS's Return on Equity (17%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is ViDiS's financial position?


Financial Position Analysis

Short Term Liabilities: VDS's short term assets (PLN23.8M) exceeds its short term liabilities (PLN12.8M)

Long Term Liabilities: VDS's short term assets (23.8M) exceeds its long term liabilities (5.9M)


Debt to Equity History and Analysis

Debt Level: VDS's debt to equity ratio (16.1%) is considered satisfactory

Reducing Debt: VDS's debt to equity ratio has increased from 3.9% to 16.1% over the past 5 years.

Debt Coverage: VDS's debt is well covered by operating cash flow (58.8%).

Interest Coverage: VDS's interest payments on its debt are well covered by EBIT (4.1x coverage).


Balance Sheet

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

Debt Coverage by Assets: VDS's debt is covered by short term assets (assets are 10.7x debt).


Next Steps

Dividend

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


Dividend Yield vs Market

company0%marketbottom25%2.6%markettop25%7.5%industryaverage7.3%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if VDS's dividends per share have been stable in the past.

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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


CEO

Bartosz Palusko 0

15.8yrs

Tenure

0

Mr. Bartosz Palusko has been President and Member of Management Board at ViDiS Spolka Akcyjna since 2004. From 2004 to 2005, Mr. Palusko served as Vice President of the Management Board at Projekcja Sp. z  ...


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

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 39.5%.


Management Team

  • Bartosz Palusko

    President of Management Board

    • Tenure: 15.8yrs
  • Krzysztof Szymczykowski

    Member of Management Board

    • Tenure: 10.8yrs
  • Szymon Staruchowicz

    Vice president

    • Tenure: 0yrs

Board Members

  • Hubert Schwarz

    Chairman of Supervisory Board

    • Tenure: 0yrs
  • Piotr Kowalczyk

    Vice Chairman of Supervisory Board

    • Tenure: 0yrs
  • Malgorzata Blachnio

    Member of Supervisory Board

    • Tenure: 0yrs
  • Sebastian Spexard

    Member of Supervisory Board

    • Tenure: 0yrs
  • Jan Zuralski

    Member of Supervisory Board

    • Tenure: 0yrs

Company Information

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


Key Information

  • Name: ViDiS S.A.
  • Ticker: VDS
  • Exchange: WSE
  • Founded: 2004
  • Industry: Office Services and Supplies
  • Sector: Commercial Services
  • Market Cap: zł6.731m
  • Shares outstanding: 2.42m
  • Website: https://www.vidis.pl

Location

  • ViDiS S.A.
  • ul. Logistyczna 4
  • Bielany Wroclawskie
  • Kobierzyce
  • 55-040
  • Poland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
VDSWSE (Warsaw Stock Exchange)YesCommon Bearer SharesPLPLNJan 2011

Biography

ViDiS S.A. distributes audio-visual devices in Poland and internationally. The company offers projectors, projection screens and accessories, interactive boards, and monitors, as well as office accessories ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/16 21:28
End of Day Share Price2019/11/15 00:00
Earnings2019/03/31
Annual Earnings2018/06/30


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.