Orbis
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Orbis S.A. owns, operates, manages, and franchises hotels in Poland and internationally. The last earnings update was 2 days ago. More info.
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- Orbis has significant price volatility in the past 3 months.
ORB Share Price and Events
7 Day Returns
1 Year Returns
ORB Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Orbis (ORB) | 1.1% | -0.4% | 29.7% | -7% | 56% | 121.6% |
| PL Hospitality | 0.5% | 3.7% | 11.6% | -10.4% | 90.5% | 205.9% |
| PL Market | 0.7% | -0.2% | 6.3% | -5.7% | 19% | -6.6% |
1 Year Return vs Industry and Market
- ORB outperformed the Hospitality industry which returned -10.4% over the past year.
- ORB underperformed the Market in Poland which returned -5.7% over the past year.
ORB Value
Is Orbis undervalued based on future cash flows and its price relative to the stock market?
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
Orbis
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Orbis.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 1 Analyst Estimates (S&P Global) | See below |
| Discount Rate (Cost of Equity) | See below | 8.6% |
| Perpetual Growth Rate | 10-Year PL Government Bond Rate | 2.9% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year PL Govt Bond Rate | 2.9% |
| Equity Risk Premium | S&P Global | 7.2% |
| Hospitality Unlevered Beta | Simply Wall St/ S&P Global | 0.56 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.559 (1 + (1- 19%) (11.54%)) |
0.611 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
0.8 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.85% + (0.8 * 7.15%) |
8.57% |
Discounted Cash Flow Calculation for WSE:ORB using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for Orbis is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.
| 2019 | 2020 | 2021 | 2022 | 2023 | |
| Levered FCF (PLN, Millions) | 178.90 | 243.70 | 283.31 | 329.36 | 382.06 |
| Source | Analyst x1 | Analyst x1 | Est @ 16.25% | Est @ 16.25% | Est @ 16%, capped from 16.25% |
|
Present Value Discounted (@ 8.57%) |
164.78 | 206.75 | 221.38 | 237.05 | 253.27 |
| Present value of next 5 years cash flows | PLN1,083.22 |
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2023
× (1 + g) ÷ (Discount Rate – g)
= PLN382.06 × (1 + 2.85%) ÷ (8.57% – 2.85%) |
PLN6,869.70 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)5
= PLN6,869.70 ÷ (1 + 8.57%)5 |
PLN4,553.95 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 5 years cash flows +
Terminal Value
= PLN1,083.22 + PLN4,553.95 |
PLN5,637.17 |
| Equity Value per Share (PLN) |
= Total value / Shares Outstanding
= PLN5,637.17 / 46.08 |
PLN122.34 |
| Calculation | Result | |
|---|---|---|
| Value per share (PLN) | From above. | PLN122.34 |
| Current discount | Discount to share price of
PLN94.40
= -1 x (PLN94.40 - PLN122.34) / PLN122.34 |
22.8% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Current Discount
Current Discount Checks
- Orbis's share price is below the future cash flow value, and at a moderate discount (> 20%).
- Orbis's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Orbis's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Orbis's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-31) in PLN | PLN7.88 |
| WSE:ORB Share Price ** | WSE (2019-02-22) in PLN | PLN94.4 |
| Poland Hospitality Industry PE Ratio | Median Figure of 6 Publicly-Listed Hospitality Companies | 13.2x |
| Poland Market PE Ratio | Median Figure of 464 Publicly-Listed Companies | 10.71x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Orbis.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = WSE:ORB Share Price ÷ EPS (both in PLN) = 94.4 ÷ 7.88 |
11.98x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Orbis is good value based on earnings compared to the PL Hospitality industry average.
- Orbis is overvalued based on earnings compared to the Poland market.
Price based on expected Growth
Does
Orbis's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 11.98x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts |
-17.9%per year |
| Europe Hospitality Industry PEG Ratio | Median Figure of 72 Publicly-Listed Hospitality Companies | 1.44x |
| Poland Market PEG Ratio | Median Figure of 101 Publicly-Listed Companies | 1.16x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 11.98x ÷ -17.9% |
-0.67x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Orbis earnings are not expected to grow next year, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
Orbis's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-31) in PLN | PLN51.71 |
| WSE:ORB Share Price * | WSE (2019-02-22) in PLN | PLN94.4 |
| Poland Hospitality Industry PB Ratio | Median Figure of 8 Publicly-Listed Hospitality Companies | 2.24x |
| Poland Market PB Ratio | Median Figure of 689 Publicly-Listed Companies | 1.01x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = WSE:ORB Share Price ÷ Book Value per Share (both in PLN) = 94.4 ÷ 51.71 |
1.83x |
* Primary Listing of Orbis.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Orbis is good value based on assets compared to the PL Hospitality industry average.
Value checks
We assess Orbis's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Hospitality industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Hospitality industry average (and greater than 0)? (1 check) Orbis has a total score of 3/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
ORB Future Performance
How is Orbis expected to perform in the next 1 to 3 years based on estimates from 1 analyst?
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- Orbis's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.9%.
Growth vs Market Checks
- Orbis's earnings are expected to decrease over the next 1-3 years, this is below the Poland market average.
- Orbis's revenue growth is positive but not above the Poland market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| WSE:ORB Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts | -17.9% |
| WSE:ORB Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts | 5.1% |
| Poland Hospitality Industry Earnings Growth Rate | Market Cap Weighted Average | 17.2% |
| Europe Hospitality Industry Revenue Growth Rate | Market Cap Weighted Average | 6.6% |
| Poland Market Earnings Growth Rate | Market Cap Weighted Average | 10% |
| Poland Market Revenue Growth Rate | Market Cap Weighted Average | 6.7% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (1 month ago) | See Below |
| Future Estimates | Average of up to 1 Analyst Estimates (S&P Global) | See Below |
| Date (Data in PLN Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2020-12-31 | 1,597 | 460 | 260 | 1 |
| 2019-12-31 | 1,539 | 437 | 242 | 1 |
| Date (Data in PLN Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-12-31 | 1,440 | 394 | 363 |
| 2018-09-30 | 1,439 | 379 | 343 |
| 2018-06-30 | 1,469 | 393 | 365 |
| 2018-03-31 | 1,464 | 379 | 239 |
| 2017-12-31 | 1,458 | 390 | 232 |
| 2017-09-30 | 1,448 | 400 | 244 |
| 2017-06-30 | 1,423 | 392 | 218 |
| 2017-03-31 | 1,402 | 399 | 209 |
| 2016-12-31 | 1,383 | 381 | 207 |
| 2016-09-30 | 1,344 | 331 | 204 |
| 2016-06-30 | 1,311 | 326 | 200 |
| 2016-03-31 | 1,281 | 297 | 190 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (1 month ago) | See Below |
| Future Estimates | Average of up to 1 Analyst Estimates (S&P Global) | See Below |
All data from Orbis Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in PLN Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2020-12-31 | ||||
| 2019-12-31 |
| Date (Data in PLN Millions) | EPS * |
|---|---|
| 2018-12-31 | 7.88 |
| 2018-09-30 | 7.44 |
| 2018-06-30 | 7.91 |
| 2018-03-31 | 5.27 |
| 2017-12-31 | 5.04 |
| 2017-09-30 | 5.28 |
| 2017-06-30 | 4.74 |
| 2017-03-31 | 4.54 |
| 2016-12-31 | 4.50 |
| 2016-09-30 | 4.43 |
| 2016-06-30 | 4.33 |
| 2016-03-31 | 4.14 |
*GAAP earnings excluding extraordinary items.
Future performance checks
We assess Orbis's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Poland market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Orbis has a total score of 0/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
ORB Past Performance
How has Orbis performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- Orbis has delivered over 20% year on year earnings growth in the past 5 years.
- Orbis's 1-year earnings growth exceeds its 5-year average (56.3% vs 31.6%)
- Orbis's earnings growth has exceeded the PL Hospitality industry average in the past year (56.3% vs 35.7%).
Earnings and Revenue History
All data from Orbis Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in PLN Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-12-31 | 1,440.03 | 363.20 | 369.72 | |
| 2018-09-30 | 1,438.62 | 342.78 | 370.79 | |
| 2018-06-30 | 1,468.86 | 365.03 | 377.33 | |
| 2018-03-31 | 1,463.59 | 239.16 | 378.12 | |
| 2017-12-31 | 1,458.07 | 232.39 | 380.10 | |
| 2017-09-30 | 1,448.09 | 243.85 | 389.39 | |
| 2017-06-30 | 1,422.54 | 218.01 | 393.24 | |
| 2017-03-31 | 1,401.62 | 209.41 | 396.30 | |
| 2016-12-31 | 1,382.88 | 207.13 | 396.51 | |
| 2016-09-30 | 1,344.45 | 203.90 | 386.84 | |
| 2016-06-30 | 1,310.97 | 199.65 | 377.69 | |
| 2016-03-31 | 1,280.74 | 190.43 | 370.05 | |
| 2015-12-31 | 1,262.73 | 181.55 | 364.97 | |
| 2015-09-30 | 1,131.37 | 152.10 | 313.17 | |
| 2015-06-30 | 972.63 | 116.19 | 260.24 | |
| 2015-03-31 | 808.49 | 76.84 | 206.55 | |
| 2014-12-31 | 707.79 | 89.20 | 161.52 | |
| 2014-09-30 | 700.11 | 78.45 | 148.30 | |
| 2014-06-30 | 692.50 | 70.69 | 133.52 | |
| 2014-03-31 | 686.33 | 62.08 | 120.09 | |
| 2013-12-31 | 682.60 | 66.65 | 115.95 | |
| 2013-09-30 | 669.74 | 55.57 | 116.47 | |
| 2013-06-30 | 665.53 | 52.32 | 117.94 | |
| 2013-03-31 | 694.97 | 70.80 | 122.17 | |
| 2012-12-31 | 707.39 | 68.73 | 121.23 | |
| 2012-09-30 | 715.44 | 83.26 | 121.50 | |
| 2012-06-30 | 715.90 | 133.53 | 121.68 | |
| 2012-03-31 | 680.71 | 120.19 | 114.90 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- Orbis has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- Orbis used its assets more efficiently than the PL Hospitality industry average last year based on Return on Assets.
- Orbis has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
Past performance checks
We assess Orbis's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Hospitality industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Orbis has a total score of 5/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
ORB Health
How is Orbis's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up Orbis's finances.
The net worth of a company is the difference between its assets and liabilities.
- Orbis is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Orbis's cash and other short term assets cover its long term commitments.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- Debt is covered by short term assets, assets are 1.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from Orbis Company Filings, last reported 1 month ago.
| Date (Data in PLN Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-31 | 2,386.79 | 502.11 | 537.83 |
| 2018-09-30 | 2,314.98 | 502.66 | 497.16 |
| 2018-06-30 | 2,237.03 | 501.89 | 582.02 |
| 2018-03-31 | 2,079.82 | 559.24 | 192.71 |
| 2017-12-31 | 2,080.88 | 542.73 | 214.84 |
| 2017-09-30 | 2,054.86 | 629.91 | 241.70 |
| 2017-06-30 | 1,938.47 | 661.47 | 242.62 |
| 2017-03-31 | 1,914.18 | 625.34 | 248.50 |
| 2016-12-31 | 1,950.68 | 624.44 | 540.79 |
| 2016-09-30 | 1,886.22 | 642.94 | 446.60 |
| 2016-06-30 | 1,810.78 | 440.60 | 236.36 |
| 2016-03-31 | 1,784.12 | 464.80 | 159.69 |
| 2015-12-31 | 1,783.29 | 459.14 | 271.68 |
| 2015-09-30 | 1,729.56 | 476.47 | 270.07 |
| 2015-06-30 | 1,649.76 | 475.44 | 231.29 |
| 2015-03-31 | 1,642.84 | 474.71 | 119.06 |
| 2014-12-31 | 1,952.32 | 0.00 | 239.50 |
| 2014-09-30 | 1,929.19 | 0.00 | 202.46 |
| 2014-06-30 | 1,889.29 | 0.00 | 227.58 |
| 2014-03-31 | 1,922.18 | 0.00 | 175.45 |
| 2013-12-31 | 1,932.10 | 0.00 | 190.84 |
| 2013-09-30 | 1,920.19 | 0.00 | 159.53 |
| 2013-06-30 | 1,888.19 | 0.00 | 196.03 |
| 2013-03-31 | 1,926.10 | 0.00 | 121.39 |
| 2012-12-31 | 1,932.04 | 0.00 | 139.43 |
| 2012-09-30 | 1,930.94 | 0.00 | 176.48 |
| 2012-06-30 | 1,902.03 | 0.00 | 210.14 |
| 2012-03-31 | 1,920.76 | 7.79 | 159.21 |
- Orbis's level of debt (21%) compared to net worth is satisfactory (less than 40%).
- The level of debt compared to net worth has increased over the past 5 years (0% vs 21% today).
- Debt is well covered by operating cash flow (78.5%, greater than 20% of total debt).
- Interest payments on debt are well covered by earnings (EBIT is 17x coverage).
Financial health checks
We assess Orbis's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Orbis has a total score of 5/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
ORB Dividends
What is Orbis's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
PLN2,000 of
Orbis
shares you are expected to receive
PLN34
in your first year as a dividend.
Dividend Amount
- Orbis's pays a lower dividend yield than the bottom 25% of dividend payers in Poland (2.55%).
- Orbis's dividend is below the markets top 25% of dividend payers in Poland (7.77%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 1 Analyst Estimates (S&P Global) | See Below |
| Europe Hospitality Industry Average Dividend Yield | Market Cap Weighted Average of 86 Stocks | 3.4% |
| Poland Market Average Dividend Yield | Market Cap Weighted Average of 209 Stocks | 3.3% |
| Poland Minimum Threshold Dividend Yield | 10th Percentile | 1.4% |
| Poland Bottom 25% Dividend Yield | 25th Percentile | 2.6% |
| Poland Top 25% Dividend Yield | 75th Percentile | 7.8% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in PLN) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2020-12-31 | 2.19 | 2.00 |
| 2019-12-31 | 2.13 | 2.00 |
| Date (Data in PLN) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2018-04-27 | 1.600 | 1.830 |
| 2017-04-27 | 1.600 | 1.778 |
| 2017-04-06 | 1.600 | 1.935 |
| 2016-04-28 | 1.500 | 2.186 |
| 2016-02-18 | 1.500 | 2.456 |
| 2015-05-14 | 1.500 | 2.547 |
| 2015-02-18 | 1.500 | 3.008 |
| 2014-11-14 | 1.500 | 3.616 |
| 2014-08-26 | 1.500 | 3.733 |
| 2014-02-20 | 1.500 | 3.585 |
| 2013-02-20 | 1.400 | 3.788 |
| 2013-01-15 | 1.400 | 3.691 |
| 2012-04-27 | 1.400 | 3.723 |
| 2012-02-21 | 1.400 | 3.216 |
| 2010-02-24 | 0.000 | 0.000 |
| 2009-11-12 | 0.000 | 0.000 |
| 2009-08-27 | 0.000 | 0.000 |
| 2009-05-14 | 0.000 | 0.000 |
| 2009-02-24 | 0.400 | 1.293 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Dividends per share have been stable in the past 10 years.
- Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of
Orbis's earnings are
paid
to the shareholders as a dividend.
- Dividends paid are well covered by earnings (4.9x coverage).
- Dividends after 3 years are expected to be well covered by earnings (2.6x coverage).
Income/ dividend checks
We assess Orbis's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 1.4%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Orbis afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Orbis has a total score of 4/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
ORB Management
CEO
| COMPENSATION | PLN0 |
| AGE | 49 |
| TENURE AS CEO | 4.7 years |
CEO Bio
Mr. Gilles Stephane Clavie has been the President of the Management Board at Orbis Spólka Akcyjna since June 26, 2014 and has been its Chief Executive Officer since June 27, 2014. Mr. Clavie joined Orbis S.A. as a member of the Executive Committee of Orbis Spólka Akcyjna in January 2011. He is responsible for strategy, management control, IT and asset management. Mr. Clavie also created and is heading a Property Management Committee which concentrated on in-depth analysis of various investment projects as regards development, asset management, construction and maintenance. He began his professional career as a Consolidation and Group Financial Reporting Manager in Eridania Beghin-Say in 1993. He joined Accor Group in Paris in 2001 as Reporting Director for the business and leisure hotels segment. He served as Financial Controller of Accor from 2004 to 2010.
CEO Compensation
- Gilles's compensation has been consistent with company performance over the past year.
- Gilles's remuneration is lower than average for companies of similar size in Poland.
Management Team Tenure
Average tenure and age of the Orbis management team in years:
- The average tenure for the Orbis management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team
Gilles Clavie
President of the Management Board & CEO
49
4.7 yrs
Ireneusz Weglowski
Vice President of the Management Board & Development Director
63
28.1 yrs
Marcin Szewczykowski
Member of Management Board & CFO
47
11.4 yrs
Dominik Soltysik
Member of Management Board
43
1.3 yrs
Jean-Marc Vendioux
Managing Director of Operations
Stefan Potocki
VP of Operations
Dorota Nowotny
IR officer
7.1 yrs
Board of Directors Tenure
Average tenure and age of the Orbis board of directors in years:
- The tenure for the Orbis board of directors is about average.
Board of Directors
Jacek Ksen
Supervisory Board Member
69
12.1 yrs
Andrzej Przytula
Supervisory Board Member
67
8.7 yrs
Christian Karaoglanian
Member of Supervisory Board
Artur Gabor
Supervisory Board Member
58
Jaroslaw Szymanski
Supervisory Board Member
53
Andrzej Procajlo
Supervisory Board Member
66
Laurent Picheral
Member of Supervisory Board
53
4.6 yrs
Jean-Jacques Morin
Supervisory Board Member
58
2.7 yrs
Franck Gervais
Member of Supervisory Board
0.8 yrs
Pierre Boisselier
Member of Supervisory Board
0.8 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (PLN) | Value (PLN) | |
|---|---|---|---|---|---|---|---|---|---|---|
Management checks
We assess Orbis's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Orbis has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
ORB News
Simply Wall St News
Orbis S.A.'s (WSE:ORB) Earnings Grew 41%, Did It Beat Long-Term Trend?
Today I will examine Orbis S.A.'s (WSE:ORB) latest earnings update (30 September 2018) and compare these figures against its performance over the past couple of years, in addition to how the rest of ORB's industry performed. … Commentary On ORB's Past Performance. … ORB's trailing twelve-month earnings (from 30 September 2018) of zł343m has
Simply Wall St - – Full articleIs There An Opportunity With Orbis Spólka Akcyjna's (WSE:ORB) 49.74% Undervaluation?
How far off is Orbis Spólka Akcyjna (WSE:ORB) from its intrinsic value? … by estimating the company's future cash flows and discounting them to their present value. … Anyone interested in learning a bit more about intrinsic value should have a read of the Simply Wall St analysis model
Simply Wall St - – Full articleIs Orbis Spólka Akcyjna's (WSE:ORB) 15% Worse Than Average?
With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. … To keep the lesson grounded in practicality, we'll use ROE to better understand Orbis Spólka Akcyjna (WSE:ORB). … Our data shows Orbis Spólka Akcyjna has a return on equity of 15% for the last year.
Simply Wall St - – Full articleHow Does Orbis Spólka Akcyjna (WSE:ORB) Fare As A Dividend Stock?
Historically, Orbis Spólka Akcyjna (WSE:ORB) has been paying a dividend to shareholders. … Let's take a look at Orbis Spólka Akcyjna in more detail. … View our latest analysis for Orbis Spólka Akcyjna
Simply Wall St - – Full articleDoes Orbis Spólka Akcyjna's (WSE:ORB) PE Ratio Signal A Selling Opportunity?
Orbis Spólka Akcyjna (WSE:ORB) is trading with a trailing P/E of 11.2x, which is higher than the industry average of 10.1x. … Although some investors may jump to the conclusion that you should avoid the stock or sell if you own it, understanding the assumptions behind the P/E ratio might change your mind. … Check out our latest analysis for Orbis Spólka Akcyjna
Simply Wall St - – Full articleA Holistic Look At Orbis Spólka Akcyjna (WSE:ORB)
In the case of Orbis Spólka Akcyjna (WSE:ORB), there's. … is a company with great financial health as well as a. … For those interested in understanding where the figures come from and want to see the analysis,
Simply Wall St - – Full articleEstimating The Intrinsic Value Of Orbis Spólka Akcyjna (WSE:ORB)
Does the share price for Orbis Spólka Akcyjna (WSE:ORB) reflect it's really worth? … by projecting its future cash flows and then discounting them to today's value. … If you are reading this and its not July 2018 then I highly recommend you check out the latest calculation for Orbis Spólka Akcyjna by following the link below
Simply Wall St - – Full articleShould You Buy Orbis Spólka Akcyjna (WSE:ORB) At zł087.6?
Orbis Spólka Akcyjna (WSE:ORB), a hospitality company based in Poland,. … A question to answer is whether Orbis Spólka Akcyjna's current trading price of PLN87.6 reflective of the actual value of the? … Let’s take a look at Orbis Spólka Akcyjna’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change
Simply Wall St - – Full articleIs Orbis Spólka Akcyjna (WSE:ORB) A Great Dividend Stock?
Orbis Spólka Akcyjna (WSE:ORB) has returned to shareholders over the past 10 years, an average dividend yield of 2.00% annually. … Does Orbis Spólka Akcyjna tick all the boxes of a great dividend stock? … 5 checks you should do on a dividend stock
Simply Wall St - – Full articleIs Orbis Spólka Akcyjna's (WSE:ORB) Balance Sheet A Threat To Its Future?
How does ORB’s operating cash flow stack up against its debt? … On top of this, ORB has generated cash from operations of ZŁ390.23M in the last twelve months, resulting in an operating cash to total debt ratio of 71.90%, meaning that ORB’s debt is appropriately covered by operating cash. … In ORB's, case, the ratio of 34.44x suggests that interest is comfortably covered, which means that lenders may be less hesitant to lend out more funding as ORB’s high interest coverage is seen as responsible and safe practice.Next Steps: ORB’s high cash coverage and appropriate debt levels indicate its ability to utilise its borrowings efficiently in order to generate ample cash flow.
Simply Wall St - – Full articleORB Company Info
Map
Description
Orbis S.A. owns, operates, manages, and franchises hotels in Poland and internationally. As of November 28, 2018, it operated a network of approximately 130 hotels. The company operates its hotels under the Sofitel, Pullman, MGallery, Novotel, Mercure, ibis, ibis Styles, and ibis budget brands. The company was founded in 1920 and is based in Warsaw, Poland. Orbis S.A. is a subsidiary of Accor S.A.
Details
| Name: | Orbis S.A. |
| ORB | |
| Exchange: | WSE |
| Founded: | 1920 |
| PLN4,349,669,555 | |
| 46,077,008 | |
| Website: | http://www.orbis.pl |
| Address: |
Orbis S.A. 16 Bracka Street, Warsaw, 00-028, Poland |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| WSE | ORB | Common Bearer Shares | Warsaw Stock Exchange | PL | PLN | 25. Nov 1997 | |
| LSE | 0LX3 | Common Bearer Shares | London Stock Exchange | GB | PLN | 25. Nov 1997 |
Number of employees
Current staff
Industry
| Hotels, Resorts and Cruise Lines | |
| Consumer Services |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/02/23 20:40 |
| End of day share price update: | 2019/02/22 00:00 |
| Last estimates confirmation: | 2019/02/21 |
| Last earnings filing: | 2019/02/21 |
| Last earnings reported: | 2018/12/31 |
| Last annual earnings reported: | 2018/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
