WSE:HRT

Stock Analysis Report

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Executive Summary

Hurtimex SA designs, manufactures, and distributes clothing for children in Poland and internationally.


Snowflake Analysis

Mediocre balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

-7.6%

HRT

9.6%

PL Luxury

4.4%

PL Market


1 Year Return

-42.1%

HRT

-28.0%

PL Luxury

-18.9%

PL Market

Return vs Industry: HRT underperformed the Polish Luxury industry which returned -29.1% over the past year.

Return vs Market: HRT underperformed the Polish Market which returned -18.7% over the past year.


Shareholder returns

HRTIndustryMarket
7 Day-7.6%9.6%4.4%
30 Day10.0%12.2%7.2%
90 Dayn/a-10.4%-3.1%
1 Year-42.1%-42.1%-27.5%-28.0%-17.0%-18.9%
3 Year-72.5%-72.5%-31.2%-32.5%-22.1%-27.5%
5 Year-52.2%-52.2%-29.9%-32.6%-19.6%-29.4%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

1.54x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: HRT (PLN0.11) is trading above our estimate of fair value (PLN0.02)

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


Price To Earnings Ratio

PE vs Industry: HRT is unprofitable, so we can't compare its PE Ratio to the Luxury industry average.

PE vs Market: HRT is unprofitable, so we can't compare its PE Ratio to the Polish market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: HRT is overvalued based on its PB Ratio (1.5x) compared to the PL Luxury industry average (0.8x).


Next Steps

Future Growth

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

14.3%

Forecasted Consumer Durables 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 Hurtimex 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 Hurtimex performed over the past 5 years?

35.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HRT is currently unprofitable.

Growing Profit Margin: HRT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: HRT is unprofitable, but has reduced losses over the past 5 years at a rate of 35.5% per year.

Accelerating Growth: Unable to compare HRT's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: HRT is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (-27.4%).


Return on Equity

High ROE: HRT has a negative Return on Equity (-12.78%), as it is currently unprofitable.


Next Steps

Financial Health

How is Hurtimex's financial position?


Financial Position Analysis

Short Term Liabilities: HRT's short term assets (PLN9.3M) exceed its short term liabilities (PLN2.0M).

Long Term Liabilities: HRT's short term assets (PLN9.3M) do not cover its long term liabilities (PLN11.6M).


Debt to Equity History and Analysis

Debt Level: HRT's debt to equity ratio (164.8%) is considered high.

Reducing Debt: HRT's debt to equity ratio has increased from 158.3% to 164.8% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable HRT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: HRT is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 2.3% per year.


Next Steps

Dividend

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


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if HRT'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 HRT'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

Jaroslaw Kopec

no data

Tenure

Mr. Jaroslaw Kopec serves as President of the Management Board at Hurtimex SA and served as its Chairman of Management Board and Vice President of the Management Board. 


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

Hurtimex SA's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Hurtimex SA
  • Ticker: HRT
  • Exchange: WSE
  • Founded: 1990
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Market Cap: zł2.395m
  • Shares outstanding: 21.77m
  • Website: https://www.hurtimex.com.pl

Location

  • Hurtimex SA
  • ul. 28 Col. Strzelców Kaniowskich 42
  • Lódz
  • 90-640
  • Poland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HRTWSE (Warsaw Stock Exchange)YesCommon Bearer SharesPLPLNNov 2008

Biography

Hurtimex SA designs, manufactures, and distributes clothing for children in Poland and internationally. Its products include skirts, pants, blouses, sweaters, handkerchiefs, gloves, jackets, and outerwear products. The company sells its products under the Tup Tup, KANZ, Döll, Lemmi, Pampolina, and Königsmühle brand names. It operates through a network of approximately 200 stores, 100 shop-type points, and 2,500 multi-brand franchise stores. Hurtimex SA was founded in 1990 and is headquartered in Lódz, Poland. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/28 22:36
End of Day Share Price2020/05/27 00:00
Earnings2019/12/31
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.