KRUK Spólka Akcyjna
Market Cap
zł1.6b
Last Updated
2020/04/10 05:06 UTC
Data Sources
Company Financials +
Executive Summary
KRUK Spólka Akcyjna, together with its subsidiaries, engages in the management of debt for institutional clients in Poland, Romania, Italy, the Czech Republic, Germany, and Spain.
Rewards
Risk Analysis
Snowflake Analysis
Good value second-rate dividend payer.
Similar Companies
Share Price & News
How has KRUK Spólka Akcyjna's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: KRU's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
31.9%
KRU
28.3%
PL Consumer Finance
5.6%
PL Market
1 Year Return
-48.1%
KRU
-47.4%
PL Consumer Finance
-29.7%
PL Market
Return vs Industry: KRU matched the Polish Consumer Finance industry which returned -47.4% over the past year.
Return vs Market: KRU underperformed the Polish Market which returned -29.7% over the past year.
Shareholder returns
| KRU | Industry | Market | |
|---|---|---|---|
| 7 Day | 31.9% | 28.3% | 5.6% |
| 30 Day | -23.3% | -32.7% | -0.6% |
| 90 Day | -50.4% | -50.4% | -24.2% |
| 1 Year | -46.6%-48.1% | -45.9%-47.4% | -27.6%-29.7% |
| 3 Year | -64.6%-66.5% | -64.7%-66.6% | -28.9%-33.9% |
| 5 Year | -38.6%-43.1% | -39.6%-43.9% | -27.5%-36.6% |
Price Volatility Vs. Market
How volatile is KRUK Spólka Akcyjna's share price compared to the market and industry in the last 5 years?
Simply Wall St News
8 hours ago | Simply Wall St
What Does The Future Hold For KRUK Spólka Akcyjna (WSE:KRU)? These Analysts Have Been Cutting Their Estimates3 days ago | Simply Wall St
What Kind Of Investor Owns Most Of KRUK Spólka Akcyjna (WSE:KRU)?3 weeks ago | Simply Wall St
A Sliding Share Price Has Us Looking At KRUK Spólka Akcyjna's (WSE:KRU) P/E RatioValuation
Is KRUK Spólka Akcyjna undervalued compared to its fair value and its price relative to the market?
29.3%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: KRU (PLN84.4) is trading below our estimate of fair value (PLN119.34)
Significantly Below Fair Value: KRU is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: KRU is poor value based on its PE Ratio (5.8x) compared to the Consumer Finance industry average (5.7x).
PE vs Market: KRU is good value based on its PE Ratio (5.8x) compared to the Polish market (9.8x).
Price to Earnings Growth Ratio
PEG Ratio: KRU is good value based on its PEG Ratio (0.7x)
Price to Book Ratio
PB vs Industry: KRU is overvalued based on its PB Ratio (0.8x) compared to the PL Consumer Finance industry average (0.8x).
Next Steps
Future Growth
How is KRUK Spólka Akcyjna forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
8.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KRU's forecast earnings growth (8% per year) is above the savings rate (2%).
Earnings vs Market: KRU's earnings (8% per year) are forecast to grow slower than the Polish market (14.3% per year).
High Growth Earnings: KRU's earnings are forecast to grow, but not significantly.
Revenue vs Market: KRU's revenue (6% per year) is forecast to grow faster than the Polish market (4.5% per year).
High Growth Revenue: KRU's revenue (6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: KRU's Return on Equity is forecast to be low in 3 years time (13.7%).
Next Steps
Past Performance
How has KRUK Spólka Akcyjna performed over the past 5 years?
12.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KRU has high quality earnings.
Growing Profit Margin: KRU's current net profit margins (22.1%) are lower than last year (28.3%).
Past Earnings Growth Analysis
Earnings Trend: KRU's earnings have grown by 12.6% per year over the past 5 years.
Accelerating Growth: KRU's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: KRU had negative earnings growth (-16.3%) over the past year, making it difficult to compare to the Consumer Finance industry average (18.5%).
Return on Equity
High ROE: KRU's Return on Equity (14.1%) is considered low.
Next Steps
Financial Health
How is KRUK Spólka Akcyjna's financial position?
Financial Position Analysis
Short Term Liabilities: KRU's short term assets (PLN211.5M) do not cover its short term liabilities (PLN398.7M).
Long Term Liabilities: KRU's short term assets (PLN211.5M) do not cover its long term liabilities (PLN2.5B).
Debt to Equity History and Analysis
Debt Level: KRU's debt to equity ratio (135%) is considered high.
Reducing Debt: KRU's debt to equity ratio has reduced from 141.3% to 135% over the past 5 years.
Debt Coverage: KRU's debt is not well covered by operating cash flow (7.9%).
Interest Coverage: KRU's interest payments on its debt are well covered by EBIT (3.9x coverage).
Balance Sheet
Next Steps
Dividend
What is KRUK Spólka Akcyjna's current dividend yield, its reliability and sustainability?
5.92%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: KRU's dividend (5.92%) is higher than the bottom 25% of dividend payers in the Polish market (3.23%).
High Dividend: KRU's dividend (5.92%) is low compared to the top 25% of dividend payers in the Polish market (8.73%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, KRU has been paying a dividend for less than 10 years.
Growing Dividend: KRU's dividend payments have increased, but the company has only paid a dividend for 5 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (34.2%), KRU's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: KRU's dividends in 3 years are forecast to be well covered by earnings (39.9% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
12.8yrs
Average management tenure
CEO
Piotr Krupa
no data
Tenure
zł2,406,280
Compensation
Mr. Piotr Krupa co-founded KRUK Spolka Akcyjna (alternate name KRUK SA) in 2003 and serves as its President of Management Board and Chief Executive Officer. Mr. Krupa started his professional career in 199 ...
CEO Compensation Analysis
Compensation vs Market: Piotr's total compensation ($USD578.82K) is above average for companies of similar size in the Polish market ($USD391.49K).
Compensation vs Earnings: Piotr's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President of the Management Board & CEO | no data | zł2.41m | 9.94% PLN159.2m | |
| CFO & Member of the Management Board | 9.83yrs | zł836.15k | 0.13% PLN2.1m | |
| Member of the Management Board | 11.25yrs | zł773.20k | 0.16% PLN2.5m | |
| Member of the Management Board | 14.25yrs | zł774.28k | 0.24% PLN3.8m | |
| Member of the Management Board | 14.25yrs | zł773.20k | 0.56% PLN9.0m | |
| Investor Relations & Business Development Manager | no data | no data | no data |
12.8yrs
Average Tenure
Experienced Management: KRU's management team is seasoned and experienced (12.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Member of Supervisory Board | 7.08yrs | no data | no data | |
| Chairman of the Supervisory Board | no data | no data | no data | |
| Member of Supervisory Board | 7yrs | no data | no data | |
| Member of Supervisory Board | no data | no data | no data | |
| Member of Supervisory Board | 7.08yrs | no data | no data | |
| Member of Supervisory Board | no data | no data | no data | |
| Member of Supervisory Board | 6.67yrs | no data | 0.0064% PLN103.1k |
7.0yrs
Average Tenure
55yo
Average Age
Experienced Board: KRU's board of directors are considered experienced (7 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
KRUK Spólka Akcyjna's company bio, employee growth, exchange listings and data sources
Key Information
- Name: KRUK Spólka Akcyjna
- Ticker: KRU
- Exchange: WSE
- Founded: 1998
- Industry: Consumer Finance
- Sector: Diversified Financials
- Market Cap: zł1.601b
- Shares outstanding: 18.97m
- Website: https://www.pl.kruk.eu/
Number of Employees
Location
- KRUK Spólka Akcyjna
- ul. Wolowska 8
- Wroclaw
- 51-116
- Poland
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| KRU | WSE (Warsaw Stock Exchange) | Yes | Ordinary Bearer Shares | PL | PLN | May 2011 |
| 0Q3Y | LSE (London Stock Exchange) | Yes | Ordinary Bearer Shares | GB | PLN | May 2011 |
| KRKK.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Bearer Shares | US | USD | May 2011 |
Biography
KRUK Spólka Akcyjna, together with its subsidiaries, engages in the management of debt for institutional clients in Poland, Romania, Italy, the Czech Republic, Germany, and Spain. It purchases and manages debt portfolios, including consumer, mortgage, and corporate debts; and offers consumer loans and credit management services. The company manages the receivables of banks, loan brokers, insurers, leasing companies, landline and mobile telecommunications operators, cable TV operators, digital TV operators, and FMCG companies. It is also involved in the provision of Novum loan services, detective services, and financial and agency services and support for small and medium-sized enterprises; collection, processing, and provision of credit information on natural persons and businesses; and management of securitized debt, as well as acts as a special-purpose securitization vehicle, which invests in debt or debt-backed assets. In addition, the company engages in the buying, selling, renting, and operating of real estate properties. KRUK Spólka Akcyjna was founded in 1998 and is headquartered in Wroclaw, Poland.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/04/10 05:06 |
| End of Day Share Price | 2020/04/09 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
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.