WSE:VIN

Stock Analysis Report

Gielda Praw Majatkowych Vindexus Spolka Akcyjna

Executive Summary

Gielda Praw Majatkowych Vindexus Spolka Akcyjna engages in the debt management business in Poland.


Snowflake Analysis

Fair value with acceptable track record.

Share Price & News

How has Gielda Praw Majatkowych Vindexus Spolka Akcyjna's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: VIN's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-7.7%

VIN

-4.1%

PL Commercial Services

-1.5%

PL Market


1 Year Return

-24.5%

VIN

-5.8%

PL Commercial Services

-33.0%

PL Market

Return vs Industry: VIN underperformed the Polish Commercial Services industry which returned -5.2% over the past year.

Return vs Market: VIN exceeded the Polish Market which returned -32.6% over the past year.


Shareholder returns

VINIndustryMarket
7 Day-7.7%-4.1%-1.5%
30 Day-24.3%-18.3%-22.4%
90 Day-28.8%-13.2%-27.9%
1 Year-21.3%-24.5%-5.1%-5.8%-31.0%-33.0%
3 Year-18.6%-25.7%-21.9%-25.6%-32.5%-37.3%
5 Year52.6%32.9%-4.7%-7.9%-29.2%-38.2%

Price Volatility Vs. Market

How volatile is Gielda Praw Majatkowych Vindexus Spolka Akcyjna's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Gielda Praw Majatkowych Vindexus Spolka Akcyjna undervalued compared to its fair value and its price relative to the market?

3.65x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: VIN (PLN5.78) is trading above our estimate of fair value (PLN5.76)

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


Price To Earnings Ratio

PE vs Industry: VIN is good value based on its PE Ratio (3.7x) compared to the Commercial Services industry average (10.5x).

PE vs Market: VIN is good value based on its PE Ratio (3.7x) compared to the Polish market (8.9x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: VIN is good value based on its PB Ratio (0.4x) compared to the PL Commercial Services industry average (0.9x).


Next Steps

Future Growth

How is Gielda Praw Majatkowych Vindexus Spolka Akcyjna forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

14.3%

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 Gielda Praw Majatkowych Vindexus Spolka Akcyjna 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 Gielda Praw Majatkowych Vindexus Spolka Akcyjna performed over the past 5 years?

10.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: VIN has high quality earnings.

Growing Profit Margin: VIN's current net profit margins (36.5%) are higher than last year (33.6%).


Past Earnings Growth Analysis

Earnings Trend: VIN's earnings have grown by 10.8% per year over the past 5 years.

Accelerating Growth: VIN's earnings growth over the past year (3.4%) is below its 5-year average (10.8% per year).

Earnings vs Industry: VIN earnings growth over the past year (3.4%) underperformed the Commercial Services industry 6.7%.


Return on Equity

High ROE: VIN's Return on Equity (9.9%) is considered low.


Next Steps

Financial Health

How is Gielda Praw Majatkowych Vindexus Spolka Akcyjna's financial position?


Financial Position Analysis

Short Term Liabilities: VIN's short term assets (PLN263.7M) exceed its short term liabilities (PLN21.5M).

Long Term Liabilities: VIN's short term assets (PLN263.7M) exceed its long term liabilities (PLN76.5M).


Debt to Equity History and Analysis

Debt Level: VIN's debt to equity ratio (50.2%) is considered high.

Reducing Debt: VIN's debt to equity ratio has increased from 45.6% to 50.2% over the past 5 years.

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

Interest Coverage: VIN's interest payments on its debt are well covered by EBIT (5.1x coverage).


Balance Sheet

Inventory Level: VIN has a low level of unsold assets or inventory.

Debt Coverage by Assets: VIN's debt is covered by short term assets (assets are 2.8x debt).


Next Steps

Dividend

What is Gielda Praw Majatkowych Vindexus Spolka Akcyjna's current dividend yield, its reliability and sustainability?

5.19%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: VIN's dividend (5.19%) is higher than the bottom 25% of dividend payers in the Polish market (3.07%).

High Dividend: VIN's dividend (5.19%) is low compared to the top 25% of dividend payers in the Polish market (8.97%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, VIN has been paying a dividend for less than 10 years.

Growing Dividend: VIN's dividend payments have increased, but the company has only paid a dividend for 6 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (19%), VIN's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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


CEO

Gielda Praw Majatkowych Vindexus Spolka Akcyjna has no CEO, or we have no data on them.


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

Gielda Praw Majatkowych Vindexus Spolka Akcyjna's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Gielda Praw Majatkowych Vindexus Spolka Akcyjna
  • Ticker: VIN
  • Exchange: WSE
  • Founded: 1995
  • Industry: Diversified Support Services
  • Sector: Commercial Services
  • Market Cap: zł67.198m
  • Shares outstanding: 11.63m
  • Website: https://www.gpm-vindexus.pl

Location

  • Gielda Praw Majatkowych Vindexus Spolka Akcyjna
  • ul. Serock 3 lok. B2
  • Warsaw
  • 04-333
  • Poland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
VINWSE (Warsaw Stock Exchange)YesCommon Bearer SharesPLPLNApr 2009
0MQZLSE (London Stock Exchange)YesCommon Bearer SharesGBPLNApr 2009

Biography

Gielda Praw Majatkowych Vindexus Spolka Akcyjna engages in the debt management business in Poland. The company buys and sells various types of debts, such as unpaid bank loans, debts subject to banking settlement proceedings, receivables due to issued invoices, receivables arising from interest notes, receivables due to issued debit notes, receivables secured by regulatory titles, and receivables covered by court insolvency proceedings. The company was founded in 1995 and is headquartered in Warsaw, Poland. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/27 21:49
End of Day Share Price2020/03/26 00:00
Earnings2019/09/30
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.