WSE:FFI

Stock Analysis Report

Executive Summary

Fast Finance S.A. engages in the recovery of consumer debt portfolios acquired from regulated market participants, including banks and telecoms.

Snowflake

Fundamentals

Undervalued with excellent balance sheet.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

FFI

-4.9%

PL Consumer Finance

0.02%

PL Market


1 Year Return

-93.5%

FFI

-39.0%

PL Consumer Finance

-3.3%

PL Market


Shareholder returns

FFIIndustryMarket
7 Day0%-4.9%0.02%
30 Day0%-24.2%-2.5%
90 Day0%-34.4%-7.4%
1 Year-93.5%-93.5%-37.3%-39.0%-0.4%-3.3%
3 Year-88.5%-88.5%-41.4%-44.6%11.3%3.4%
5 Year-95.2%-95.2%14.0%6.3%-1.0%-13.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: FFI (PLN0.09) is trading below our estimate of fair value (PLN1.72)

Significantly Undervalued: FFI is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: FFI is good value based on its PE Ratio (0.6x) compared to the Consumer Finance industry average (6.8x).

PE vs Market: FFI is good value based on its PE Ratio (0.6x) compared to the Polish market (10x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: FFI is good value based on its PB Ratio (0x) compared to the PL Consumer Finance industry average (0.6x).


Next Steps

Future Growth

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

24.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: FFI's forecast earnings growth (24.7% per year) is above the savings rate (2.9%).

Earnings vs Market: FFI's earnings (24.7% per year) are forecast to grow faster than the Polish market (10.5% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

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

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


Earnings per Share Growth Forecasts


Future Return on Equity

Information is not available.


Next Steps

Past Performance

How has Fast Finance performed over the past 5 years?

-4.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: FFI's earnings have declined by -4.7% per year over the past 5 years.

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

Earnings vs Industry: FFI had negative earnings growth (-52.3%) over the past year, making it difficult to compare to the Consumer Finance industry average (7.8%).


Return on Equity

High ROE: FFI's Return on Equity (5.1%) is considered low.


Return on Assets

ROA vs Industry: FFI's Return on Assets is below or equal to the Consumer Finance industry average last year.


Return on Capital Employed

ROCE Improving: FFI's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Fast Finance's financial position?


Financial Position Analysis

Short Term Liabilities: FFI's short term assets (PLN151.3M) exceeds its short term liabilities (PLN26.4M)

Long Term Liabilities: FFI's short term assets (151.3M) exceeds its long term liabilities (70.2M)


Debt to Equity History and Analysis

Debt Level: FFI's debt to equity ratio (38.4%) is considered satisfactory

Reducing Debt: FFI's debt to equity ratio has reduced from 152.8% to 38.4% over the past 5 years.

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

Interest Coverage: FFI's interest payments on its debt are well covered by EBIT (9.3x coverage).


Balance Sheet

Information is not available.

Information is not available.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.7%markettop25%7.4%industryaverage4.7%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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

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


Next Steps

Management

What is the CEO of Fast Finance's salary, the management and board of directors tenure and is there insider trading?

1.1yrs

Average board tenure


CEO

Andrzej Kielczewski 0

0yrs

Tenure

0

Mr. Andrzej Kielczewski has been an Advisor for the Management Board of LUKAS Bank since 2006. He serves as President of the Management Board at Fast Finance S.A since 2018. Mr. Kielczewski has gained his  ...


Board Age and Tenure

1.1yrs

Average Tenure

Experienced Board: FFI's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.


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


Management Team

  • Andrzej Kielczewski

    President of the Management Board

    • Tenure: 0yrs

Board Members

  • Jaroslaw Staniec

    Member of the Supervisory Board

    • Tenure: 1.1yrs
  • Krzysztof Siekierski

    Member of the Supervisory Board

    • Tenure: 1.1yrs
  • Przemyslaw Dabrowski

    Member of the Supervisory Board

    • Tenure: 1.1yrs
  • Sebastian Kretowicz

    Member of the Supervisory Board

    • Tenure: 1.1yrs
  • Tadeusz Blazejewski

    Member of the Supervisory Board

    • Tenure: 1.1yrs
  • Tomasz Mihulka

    Member of the Supervisory Board

    • Tenure: 1.1yrs

Company Information

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


Key Information

  • Name: Fast Finance S.A.
  • Ticker: FFI
  • Exchange: WSE
  • Founded: 2004
  • Industry: Consumer Finance
  • Sector: Diversified Financials
  • Market Cap: zł2.250m
  • Shares outstanding: 25.00m
  • Website: https://www.fastfinance.pl

Location

  • Fast Finance S.A.
  • Ul. Wolowska 20
  • Wroclaw
  • 51-116
  • Poland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FFIWSE (Warsaw Stock Exchange)YesBearer SharesPLPLNMay 2008

Biography

Fast Finance S.A. engages in the recovery of consumer debt portfolios acquired from regulated market participants, including banks and telecoms. It also operates as an issuer of corporate bonds on the cata ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/02/27 21:36
End of Day Share Price2018/11/30 00:00
Earnings2018/06/30
Annual Earnings2017/12/31


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.