KRUK Spólka Akcyjna
Market Cap
zł2.9b
Last Updated
2019/12/04 21:39 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
Fair 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 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
2.2%
KRU
2.3%
PL Consumer Finance
-2.7%
PL Market
1 Year Return
-11.0%
KRU
-11.1%
PL Consumer Finance
-9.3%
PL Market
Return vs Industry: KRU exceeded the Polish Consumer Finance industry which returned -11.1% over the past year.
Return vs Market: KRU underperformed the Polish Market which returned -9.3% over the past year.
Shareholder returns
| KRU | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.2% | 2.3% | -2.7% |
| 30 Day | 4.1% | 4.2% | -5.3% |
| 90 Day | -11.5% | -11.3% | -0.6% |
| 1 Year | -8.5%-11.0% | -8.6%-11.1% | -6.5%-9.3% |
| 3 Year | -24.4%-28.5% | -25.1%-29.2% | 6.1%-1.6% |
| 5 Year | 37.5%27.4% | 30.8%21.6% | -0.3%-12.6% |
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
1 day ago | Simply Wall St
Does KRUK Spólka Akcyjna's (WSE:KRU) CEO Pay Reflect Performance?2 weeks ago | Simply Wall St
Could KRUK Spólka Akcyjna's (WSE:KRU) Investor Composition Influence The Stock Price?1 month ago | Simply Wall St
KRUK Spólka Akcyjna Just Recorded A 5.8% Earnings Beat: Here's What Analysts ThinkValuation
Is KRUK Spólka Akcyjna undervalued compared to its fair value and its price relative to the market?
30.3%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: KRU (PLN150.9) is trading below our estimate of fair value (PLN216.63)
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 (9.6x) compared to the Consumer Finance industry average (9.6x).
PE vs Market: KRU is good value based on its PE Ratio (9.6x) compared to the Polish market (10.9x).
Price to Earnings Growth Ratio
PEG Ratio: KRU is poor value based on its PEG Ratio (1.5x)
Price to Book Ratio
PB vs Industry: KRU is overvalued based on its PB Ratio (1.5x) compared to the PL Consumer Finance industry average (0.9x).
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?
6.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KRU's forecast earnings growth (6.6% per year) is above the savings rate (2%).
Earnings vs Market: KRU's earnings (6.6% per year) are forecast to grow slower than the Polish market (10.7% per year).
High Growth Earnings: KRU's earnings are forecast to grow, but not significantly.
Revenue vs Market: KRU's revenue (7.8% per year) is forecast to grow faster than the Polish market (5.7% per year).
High Growth Revenue: KRU's revenue (7.8% 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 (15.8%).
Next Steps
Past Performance
How has KRUK Spólka Akcyjna performed over the past 5 years?
14.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KRU has high quality earnings.
Growing Profit Margin: KRU's current net profit margins (24.2%) are lower than last year (24.8%).
Past Earnings Growth Analysis
Earnings Trend: KRU's earnings have grown by 14.9% per year over the past 5 years.
Accelerating Growth: KRU's earnings growth over the past year (4.4%) is below its 5-year average (14.9% per year).
Earnings vs Industry: KRU earnings growth over the past year (4.4%) underperformed the Consumer Finance industry 6.6%.
Return on Equity
High ROE: KRU's Return on Equity (15.1%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is KRUK Spólka Akcyjna'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: KRU has a low level of unsold assets or inventory.
Debt Coverage by Assets: KRU's debt is not covered by short term assets (assets are 0.1x debt).
Financial Institutions Analysis
Asset Level: KRU's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if KRU has a sufficient allowance for bad loans.
Low Risk Liabilities: KRU reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if KRU has an acceptable proportion of non-loan assets held.
Low Risk Deposits: KRU has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if KRU has an appropriate level of bad loans.
Next Steps
Dividend
What is KRUK Spólka Akcyjna's current dividend yield, its reliability and sustainability?
3.31%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: KRU's dividend (3.31%) is higher than the bottom 25% of dividend payers in the Polish market (2.64%).
High Dividend: KRU's dividend (3.31%) is low compared to the top 25% of dividend payers in the Polish market (7.23%).
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 (32%), 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 (43% payout ratio).
Next Steps
Management
What is the CEO of KRUK Spólka Akcyjna's salary, the management and board of directors tenure and is there insider trading?
12.4yrs
Average management tenure
CEO
Piotr Krupa 0
0yrs
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 ($USD623.37K) is above average for companies of similar size in the Polish market ($USD160.24K).
Compensation vs Earnings: Piotr's compensation has been consistent with company performance over the past year.
Management Age and Tenure
12.4yrs
Average Tenure
Experienced Management: KRU's management team is seasoned and experienced (12.4 years average tenure).
Board Age and Tenure
6.7yrs
Average Tenure
55yo
Average Age
Experienced Board: KRU's board of directors are considered experienced (6.7 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Michal Zasepa
CFO & Member of the Management Board
- Tenure: 9.5yrs
- Compensation: zł836.15k
Iwona Slomska
Member of the Management Board
- Tenure: 10.9yrs
- Compensation: zł773.20k
Agnieszka Kulton
Member of the Management Board
- Tenure: 13.9yrs
- Compensation: zł774.28k
Piotr Krupa
President of the Management Board & CEO
- Tenure: 0yrs
- Compensation: zł2.41m
Urszula Okarma
Member of the Management Board
- Tenure: 13.9yrs
- Compensation: zł773.20k
Damian Babka
Investor Relations & Business Development Manager
- Tenure: 0yrs
Board Members
Arkadiusz Jastrzebski
Member of Supervisory Board
- Tenure: 6.8yrs
Piotr Stepniak (57yo)
Chairman of the Supervisory Board
- Tenure: 0yrs
Katarzyna Beuch
Member of Supervisory Board
- Tenure: 6.7yrs
Krzysztof Kawalec (46yo)
Member of Supervisory Board
- Tenure: 0yrs
Robert Konski (53yo)
Member of Supervisory Board
- Tenure: 6.8yrs
Józef Wancer (77yo)
Member of Supervisory Board
- Tenure: 0yrs
Tomasz Bieske
Member of Supervisory Board
- Tenure: 6.3yrs
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: zł2.863b
- 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 ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/12/04 21:39 |
| End of Day Share Price | 2019/12/04 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.