Kredyt Inkaso (WSE:KRI) - Share price, News & Analysis

KRI fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	5/6
Financial Health	6/6
Dividends	0/6

KRI Stock Overview

Kredyt Inkaso S.A. provides debt management services in Poland, Russia, Romania, Luxembourg, Bulgaria, and Croatia.

Rewards

Price-To-Earnings ratio (2.8x) is below the Polish market (9.6x)

Earnings grew by 5403.5% over the past year

Risk Analysis

Does not have a meaningful market cap (PLN191M)

Kredyt Inkaso Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Kredyt Inkaso
Historical stock prices
Current Share Price	zł14.80
52 Week High	zł22.00
52 Week Low	zł11.60
Beta	1.12
1 Month Change	-3.27%
3 Month Change	-9.20%
1 Year Change	27.59%
3 Year Change	42.31%
5 Year Change	-40.80%
Change since IPO	-7.50%

Recent News & Updates

Apr 15

Here's Why I Think Kredyt Inkaso (WSE:KRI) Might Deserve Your Attention Today

It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...

Shareholder Returns

	KRI	PL Diversified Financial	PL Market
7D	-3.3%	-1.1%	0.6%
1Y	27.6%	-55.4%	-23.8%

Return vs Industry: KRI exceeded the Polish Diversified Financial industry which returned -55.4% over the past year.

Return vs Market: KRI exceeded the Polish Market which returned -23.8% over the past year.

Price Volatility

Is KRI's price volatile compared to industry and market?
KRI volatility
KRI Average Weekly Movement	7.3%
Diversified Financial Industry Average Movement	4.6%
Market Average Movement	6.3%
10% most volatile stocks in PL Market	11.6%
10% least volatile stocks in PL Market	4.2%

Stable Share Price: KRI is not significantly more volatile than the rest of Polish stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: KRI's weekly volatility (7%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2006	537	Maciej Szymanski	https://www.kredytinkaso.pl

Kredyt Inkaso S.A. provides debt management services in Poland, Russia, Romania, Luxembourg, Bulgaria, and Croatia. The company engages in debt collection; mass litigation and enforcement proceedings; and development, commercialization, and trading of real estate. It serves banks, and insurance and telecommunication companies.

Kredyt Inkaso Fundamentals Summary

How do Kredyt Inkaso's earnings and revenue compare to its market cap?
KRI fundamental statistics
Market Cap	zł190.88m
Earnings (TTM)	zł68.57m
Revenue (TTM)	zł237.50m

2.8x

P/E Ratio

0.8x

P/S Ratio

Is KRI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
KRI income statement (TTM)
Revenue	zł237.50m
Cost of Revenue	zł69.34m
Gross Profit	zł168.16m
Other Expenses	zł99.58m
Earnings	zł68.57m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

Jun 30, 2022

Earnings per share (EPS)	5.32
Gross Margin	70.80%
Net Profit Margin	28.87%
Debt/Equity Ratio	123.5%

How did KRI perform over the long term?

See historical performance and comparison

We’ve recently updated our valuation analysis.

Valuation

Is KRI undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for KRI?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for KRI. This is calculated by dividing KRI's market cap by their current preferred multiple.
What is KRI's n/a Ratio?
n/a Ratio	0x
n/a	n/a
Market Cap	zł190.88m

KRI key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	n/a
Enterprise Value/EBITDA	n/a
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does KRI's PE Ratio compare to its peers?

KRI PE Ratio vs Peers

The above table shows the PE ratio for KRI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	PE	Estimated Growth	Market Cap
Peer Average	28.2x

Forward PE

Price-To-Earnings vs Peers: KRI is good value based on its Price-To-Earnings Ratio (2.8x) compared to the peer average (28.2x).

Price to Earnings Ratio vs Industry

How does KRI's PE Ratio compare vs other companies in the Diversified Financial Industry?

Price-To-Earnings vs Industry: KRI is good value based on its Price-To-Earnings Ratio (2.8x) compared to the Polish Diversified Financial industry average (10.1x)

Price to Earnings Ratio vs Fair Ratio

What is KRI's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

KRI PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	2.8x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate KRI's Price-To-Earnings Fair Ratio for valuation analysis.

Share Price vs Fair Value

What is the Fair Price of KRI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate KRI's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate KRI's fair value for valuation analysis.

Price to Earnings Growth Ratio

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

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Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

-6.1%

Forecasted Diversified Financials 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 Kredyt Inkaso 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.

Discover growth companies

Check out Kredyt Inkaso's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
Kredyt Inkaso competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Kredyt Inkaso performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

18.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: KRI has high quality earnings.

Growing Profit Margin: KRI's current net profit margins (28.9%) are higher than last year (0.7%).

Past Earnings Growth Analysis

Earnings Trend: KRI's earnings have grown by 18.4% per year over the past 5 years.

Accelerating Growth: KRI's earnings growth over the past year (5403.5%) exceeds its 5-year average (18.4% per year).

Earnings vs Industry: KRI earnings growth over the past year (5403.5%) exceeded the Diversified Financial industry 15.2%.

Return on Equity

High ROE: Whilst KRI's Return on Equity (22.04%) is high, this metric is skewed due to their high level of debt.

Discover strong past performing companies

Financial Health

How is Kredyt Inkaso's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: KRI's short term assets (PLN688.9M) exceed its short term liabilities (PLN167.3M).

Long Term Liabilities: KRI's short term assets (PLN688.9M) exceed its long term liabilities (PLN257.6M).

Debt to Equity History and Analysis

Debt Level: KRI has more cash than its total debt.

Reducing Debt: KRI's debt to equity ratio has reduced from 149.6% to 123.5% over the past 5 years.

Debt Coverage: KRI's debt is well covered by operating cash flow (41%).

Interest Coverage: KRI's interest payments on its debt are well covered by EBIT (3.4x coverage).

Balance Sheet

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Dividend

What is Kredyt Inkaso current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

Dividend Yield vs Market

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

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

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

Earnings Payout to Shareholders

Earnings Coverage: KRI is not paying a notable dividend for the Polish market.

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as KRI has not reported any payouts.

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Management

How experienced are the management team and are they aligned to shareholders interests?

2.2yrs

Average management tenure

CEO

Maciej Szymanski

3.92yrs

Tenure

zł287,000

Compensation

Mr. Maciej Jerzy Szymanski serves as Chairman of the Management Board at Kredyt Inkaso S.A. since August 21, 2018 and also serves as its CEO. He was a Principal at Waterland Private Equity Investments BV u...

Leadership Team

Experienced Management: KRI's management team is considered experienced (2.2 years average tenure).

Board Members

Experienced Board: KRI's board of directors are considered experienced (5.4 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.

Data	Last Updated (UTC time)
Company Analysis	2022/06/26 00:00
End of Day Share Price	2022/06/24 00:00
Earnings	2021/12/31
Annual Earnings	2021/03/31