WSE:FMG

Stock Analysis Report

Financial Assets Management Group

Executive Summary

Financial Assets Management Group S.A. engages in the management of companies under management contracts.

Snowflake

Fundamentals

Overvalued with worrying balance sheet.

Share Price & News

How has Financial Assets Management Group's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-18.2%

FMG

1.0%

PL Capital Markets

0.01%

PL Market


1 Year Return

-68.9%

FMG

-17.4%

PL Capital Markets

-3.3%

PL Market

Return vs Industry: FMG underperformed the Polish Capital Markets industry which returned -17.4% over the past year.

Return vs Market: FMG underperformed the Polish Market which returned -3.3% over the past year.


Shareholder returns

FMGIndustryMarket
7 Day-18.2%1.0%0.01%
30 Dayn/a-6.4%-2.1%
90 Dayn/a-7.6%-7.4%
1 Year-68.9%-68.9%-11.3%-17.4%-0.4%-3.3%
3 Year-85.9%-85.9%-16.6%-29.1%11.3%3.4%
5 Year-97.0%-97.0%-30.7%-41.8%-1.0%-13.0%

Price Volatility Vs. Market

How volatile is Financial Assets Management Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Financial Assets Management Group undervalued compared to its fair value and its price relative to the market?

0.18x

Price to Book (PB) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate FMG's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate FMG's fair value to establish if it is undervalued.


Price To Earnings Ratio

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

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


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: FMG is good value based on its PB Ratio (0.2x) compared to the PL Capital Markets industry average (1.1x).


Next Steps

Future Growth

How is Financial Assets Management Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

66.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: FMG is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: FMG is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: FMG is forecast to remain unprofitable over the next 3 years.

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

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


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if FMG's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Financial Assets Management Group performed over the past 5 years?

-0.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: FMG is unprofitable, and losses have increased over the past 5 years at a rate of -0.8% per year.

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

Earnings vs Industry: FMG is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (-61.7%).


Return on Equity

High ROE: FMG has a negative Return on Equity (-54.31%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: FMG is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: FMG is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Financial Assets Management Group's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

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

Debt Coverage by Assets: FMG's debt is covered by short term assets (assets are 13.345070x debt).


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: Insufficient data to determine if FMG has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if FMG has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Financial Institutions Analysis

Asset Level: FMG's level of assets compared to its equity is low.

Allowance for Bad Loans: Insufficient data to determine if FMG has a sufficient allowance for bad loans.

Low Risk Liabilities: FMG reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if FMG has an acceptable proportion of non-loan assets held.

Low Risk Deposits: FMG has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if FMG has an appropriate level of bad loans.


Next Steps

Dividend

What is Financial Assets Management Group's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.7%markettop25%7.4%industryaverage3.5%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

Growing Dividend: Insufficient data to determine if FMG'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 FMG's dividend in 3 years as they are not forecast to pay a notable one for the Polish market.


Next Steps

Management

What is the CEO of Financial Assets Management Group's salary, the management and board of directors tenure and is there insider trading?


CEO

Bernard Friedl 0

0yrs

Tenure

0

Mr. Bernard Friedl has been the President of the Management Board of Polish Services Group S.A. since October 2009 and serves as its Chief Executive Officer. Mr. Friedl has been an active participant in t ...


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

  • Mark Montoya

    Member of the Management Board

    • Tenure: 10yrs
  • Bernard Friedl

    President of the Management Board & CEO

    • Tenure: 0yrs
  • Bartlomiej Gajecki

    Member of the Management Board

    • Tenure: 4.6yrs

Board Members

  • Arkadiusz Stryja

    Chairman of Supervisory Board

    • Tenure: 0yrs
  • Justyna Budzynskiej

    Member of Supervisory Board

    • Tenure: 0yrs
  • Paulina Wolnicka-Kawka

    Member of Supervisory Board

    • Tenure: 0yrs
  • Arkadiusz Sugiera

    Member of Supervisory Board

    • Tenure: 0yrs

Company Information

Financial Assets Management Group S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Financial Assets Management Group S.A.
  • Ticker: FMG
  • Exchange: WSE
  • Founded: 2001
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: zł1.474m
  • Shares outstanding: 163.81k
  • Website: https://www.tphsa.pl

Location

  • Financial Assets Management Group S.A.
  • ul. Adama Naruszewicza 27 lok. 101
  • Warsaw
  • 02-627
  • Poland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FMGWSE (Warsaw Stock Exchange)YesCommon Bearer SharesPLPLNJan 2010

Biography

Financial Assets Management Group S.A. engages in the management of companies under management contracts. Its activities also include planning and implementation of strategies; organization of financing de ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/20 21:17
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
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.