WSE:XTB

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X-Trade Brokers Dom Maklerski

Executive Summary

X-Trade Brokers Dom Maklerski S.A., together with its subsidiaries, provides currency derivatives, commodities, indices, stocks, and bonds brokerage services in Central and Eastern Europe, Western Europe, and Latin America. More Details


Snowflake Analysis

Outstanding track record with adequate balance sheet.

Share Price & News

How has X-Trade Brokers Dom Maklerski's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: XTB's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

2.8%

XTB

-0.3%

PL Capital Markets

-0.6%

PL Market


1 Year Return

421.8%

XTB

97.2%

PL Capital Markets

-17.5%

PL Market

Return vs Industry: XTB exceeded the Polish Capital Markets industry which returned 98.9% over the past year.

Return vs Market: XTB exceeded the Polish Market which returned -16.6% over the past year.


Shareholder returns

XTBIndustryMarket
7 Day2.8%-0.3%-0.6%
30 Day2.1%6.0%-1.8%
90 Day-36.3%-19.1%-10.2%
1 Year436.2%421.8%103.9%97.2%-16.8%-17.5%
3 Year271.9%222.1%39.0%24.5%-26.0%-30.4%
5 Yearn/a-2.0%-17.7%-16.0%-25.1%

Price Volatility Vs. Market

How volatile is X-Trade Brokers Dom Maklerski's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is X-Trade Brokers Dom Maklerski undervalued compared to its fair value and its price relative to the market?

5.68x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: XTB (PLN16.75) is trading above our estimate of fair value (PLN11.34)

Significantly Below Fair Value: XTB is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: XTB is good value based on its PE Ratio (5.7x) compared to the PL Capital Markets industry average (12.1x).

PE vs Market: XTB is good value based on its PE Ratio (5.7x) compared to the Polish market (12.6x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: XTB is overvalued based on its PB Ratio (2.5x) compared to the PL Capital Markets industry average (1.8x).


Next Steps

Future Growth

How is X-Trade Brokers Dom Maklerski forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

18.3%

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 X-Trade Brokers Dom Maklerski 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.


Next Steps

Past Performance

How has X-Trade Brokers Dom Maklerski performed over the past 5 years?

16.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: XTB has high quality earnings.

Growing Profit Margin: XTB's current net profit margins (51.8%) are higher than last year (3.6%).


Past Earnings Growth Analysis

Earnings Trend: XTB's earnings have grown by 16.5% per year over the past 5 years.

Accelerating Growth: XTB's earnings growth over the past year (5285.2%) exceeds its 5-year average (16.5% per year).

Earnings vs Industry: XTB earnings growth over the past year (5285.2%) exceeded the Capital Markets industry 12.7%.


Return on Equity

High ROE: XTB's Return on Equity (44.5%) is considered outstanding.


Next Steps

Financial Health

How is X-Trade Brokers Dom Maklerski's financial position?


Financial Position Analysis

Short Term Liabilities: XTB's short term assets (PLN1.8B) exceed its short term liabilities (PLN974.0M).

Long Term Liabilities: XTB's short term assets (PLN1.8B) exceed its long term liabilities (PLN24.8M).


Debt to Equity History and Analysis

Debt Level: XTB's debt to equity ratio (8.1%) is considered satisfactory.

Reducing Debt: XTB's debt to equity ratio has increased from 3.5% to 8.1% over the past 5 years.

Debt Coverage: XTB's debt is well covered by operating cash flow (448.2%).

Interest Coverage: Insufficient data to determine if XTB's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is X-Trade Brokers Dom Maklerski current dividend yield, its reliability and sustainability?

1.43%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: XTB's dividend (1.43%) isn’t notable compared to the bottom 25% of dividend payers in the Polish market (1.79%).

High Dividend: XTB's dividend (1.43%) is low compared to the top 25% of dividend payers in the Polish market (5.91%).


Stability and Growth of Payments

Stable Dividend: XTB has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: XTB has only been paying a dividend for 4 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (8.1%), XTB's dividend payments are thoroughly 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

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

3.6yrs

Average management tenure


CEO

Omar Arnaout

3.58yrs

Tenure

zł762,000

Compensation

Mr. Omar Arnaout serves as President of the Management Board and Chief Executive Officer at X-Trade Brokers Dom Maklerski S.A. since March 23, 2017. He served as a Vice President of the Management Board si ...


CEO Compensation Analysis

Compensation vs Market: Omar's total compensation ($USD197.81K) is below average for companies of similar size in the Polish market ($USD375.20K).

Compensation vs Earnings: Omar's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Omar Arnaout
Chairman of the Management Board & CEO3.58yrszł762.00kno data
Pawel Szejko
CFO & Member of the Management Board6yrszł611.00kno data
Filip Kaczmarzyk
Director of Trading Department & Member of the Management Board3.75yrszł718.00kno data
Jakub Kubacki
Member of the Management Board2.25yrszł437.00kno data
Andrzej Przybylski
Member of Management Board2.17yrszł234.00kno data

3.6yrs

Average Tenure

Experienced Management: XTB's management team is considered experienced (3.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Grzegorz Grabowicz
Independent Member of the Supervisory Board1.92yrszł46.00kno data
Jakub Leonkiewicz
Independent Chairman of the Supervisory Board3.42yrszł54.00kno data
Lukasz Baszczynski
Independent Member of the Supervisory Board4.92yrszł51.00kno data
Jaroslaw Jasik
Independent Member of the Supervisory Board4.92yrszł51.00kno data
Bartosz Zablocki
Member of the Supervisory Board5.08yrszł49.00kno data

4.9yrs

Average Tenure

Experienced Board: XTB's board of directors are considered experienced (4.9 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

X-Trade Brokers Dom Maklerski S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: X-Trade Brokers Dom Maklerski S.A.
  • Ticker: XTB
  • Exchange: WSE
  • Founded: 2002
  • Industry: Investment Banking and Brokerage
  • Sector: Diversified Financials
  • Market Cap: zł1.966b
  • Shares outstanding: 117.38m
  • Website: https://www.xtb.com/pl

Number of Employees


Location

  • X-Trade Brokers Dom Maklerski S.A.
  • Biurowiec A
  • VII pietro
  • Warsaw
  • 00-876
  • Poland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
XTBWSE (Warsaw Stock Exchange)YesCommon Bearer SharesPLPLNMay 2016
0RGRLSE (London Stock Exchange)YesCommon Bearer SharesGBPLNMay 2016

Biography

X-Trade Brokers Dom Maklerski S.A., together with its subsidiaries, provides currency derivatives, commodities, indices, stocks, and bonds brokerage services in Central and Eastern Europe, Western Europe, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/21 21:18
End of Day Share Price2020/10/21 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.