WSE:MON

Stock Analysis Report

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Executive Summary

Monnari Trade S.A. engages in the design, outsourced production, marketing, and sale of clothing products and accessories for women in Poland and internationally. More Details


Snowflake Analysis

Adequate balance sheet and fair value.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

-8.4%

MON

-0.6%

PL Luxury

1.5%

PL Market


1 Year Return

-51.3%

MON

-36.3%

PL Luxury

-17.5%

PL Market

Return vs Industry: MON underperformed the Polish Luxury industry which returned -35.6% over the past year.

Return vs Market: MON underperformed the Polish Market which returned -17.5% over the past year.


Shareholder returns

MONIndustryMarket
7 Day-8.4%-0.6%1.5%
30 Day-15.5%-10.8%-2.6%
90 Day-26.4%-7.7%-9.9%
1 Year-51.3%-51.3%-36.3%-36.3%-16.8%-17.5%
3 Year-81.6%-81.6%-53.5%-54.2%-26.4%-30.7%
5 Year-90.6%-90.8%-39.7%-41.4%-14.5%-23.8%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: MON (PLN1.53) is trading below our estimate of fair value (PLN84.02)

Significantly Below Fair Value: MON is trading below fair value by more than 20%.


Price To Earnings Ratio

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

PE vs Market: MON 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 MON's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: MON is good value based on its PB Ratio (0.2x) compared to the PL Luxury industry average (0.9x).


Next Steps

Future Growth

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

30.4%

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 Monnari Trade 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 Monnari Trade performed over the past 5 years?

-32.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MON is currently unprofitable.

Growing Profit Margin: MON is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MON is unprofitable, and losses have increased over the past 5 years at a rate of 32.9% per year.

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

Earnings vs Industry: MON is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (-36.7%).


Return on Equity

High ROE: MON has a negative Return on Equity (-3.2%), as it is currently unprofitable.


Next Steps

Financial Health

How is Monnari Trade's financial position?


Financial Position Analysis

Short Term Liabilities: MON's short term assets (PLN131.0M) exceed its short term liabilities (PLN75.7M).

Long Term Liabilities: MON's short term assets (PLN131.0M) exceed its long term liabilities (PLN23.5M).


Debt to Equity History and Analysis

Debt Level: MON's debt to equity ratio (2.3%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if MON's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: MON's debt is well covered by operating cash flow (989.3%).

Interest Coverage: Insufficient data to determine if MON's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is Monnari Trade current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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

9.3yrs

Average board tenure


CEO

Miroslaw Misztal

no data

Tenure

zł390,000

Compensation

Mr. Miroslaw Misztal is the Founder of Monnari Trade Spolka Akcyjna (Alternate Name: Monnari Trade SA) and serves as its has been its President of the Management Board. Mr. Misztal served as Vice President ...


Board Members

NamePositionTenureCompensationOwnership
Jerzy Leszczynski
Chairman of Supervisory Boardno datazł18.00kno data
Jacek Pierzynski
Vice-chairman of the Supervisory Boardno datazł18.00kno data
Adam Majka
Member of Supervisory Board9.33yrszł19.00kno data
Ryszard Zatorski
Member of Supervisory Boardno datazł19.00kno data
Zbigniew Wojnicki
Member of Supervisory Board9.83yrszł19.00kno data
Anna Augustyniak-Kala
Member of Supervisory Board9.33yrszł18.00kno data
Jerzy Kotwas
Member of Supervisory Board1.42yrsno datano data

9.3yrs

Average Tenure

Experienced Board: MON's board of directors are considered experienced (9.3 years average tenure).


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

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


Key Information

  • Name: Monnari Trade S.A.
  • Ticker: MON
  • Exchange: WSE
  • Founded: 1998
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Market Cap: zł39.818m
  • Shares outstanding: 26.02m
  • Website: https://www.monnaritrade.com

Location

  • Monnari Trade S.A.
  • ul. Radwanska 6
  • Lodz
  • 90-453
  • Poland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MONWSE (Warsaw Stock Exchange)YesCommon Bearer SharesPLPLNDec 2006
0LW1LSE (London Stock Exchange)YesCommon Bearer SharesGBPLNDec 2006

Biography

Monnari Trade S.A. engages in the design, outsourced production, marketing, and sale of clothing products and accessories for women in Poland and internationally. The company sells its products under the M ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/22 21:30
End of Day Share Price2020/10/22 00:00
Earnings2020/06/30
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.