WSE:FLD

Stock Analysis Report

Executive Summary

Fluid S.A. provides technologies in the energy and heating sectors in Poland.

Snowflake

Fundamentals

Overvalued with weak fundamentals.

Risks

  • Fluid has significant price volatility in the past 3 months.
  • Fluid is not covered by any analysts.

Share Price & News

How has Fluid's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-14.9%

WSE:FLD

-1.3%

PL Oil and Gas

0.6%

PL Market


1 Year Return

-74.5%

WSE:FLD

-8.4%

PL Oil and Gas

-9.5%

PL Market

FLD underperformed the Oil and Gas industry which returned -7.7% over the past year.

FLD underperformed the Market in Poland which returned -8.7% over the past year.


Share holder returns

FLDIndustryMarket
7 Day-14.9%-1.3%0.6%
30 Day-33.3%-10.9%-8.2%
90 Day-19.7%-6.5%-4.0%
1 Year-74.5%-74.5%-5.5%-8.4%-6.6%-9.5%
3 Year-69.6%-69.6%33.2%22.1%9.0%0.9%
5 Year-82.7%-82.7%68.8%45.8%-0.3%-13.1%

Price Volatility Vs. Market

How volatile is Fluid's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Fluid undervalued based on future cash flows and its price relative to the stock market?

0.66x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Fluid to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Fluid to establish if it is available at substantial discount.


Price Based on Earnings

Fluid is loss making, we can't compare its value to the PL Oil and Gas industry average.

Fluid is loss making, we can't compare the value of its earnings to the Poland market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Fluid, we can't assess if its growth is good value.


Price Based on Value of Assets

Fluid is good value based on assets compared to the PL Oil and Gas industry average.


Next Steps

Future Growth

How is Fluid expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

2.2%

Forecasted Energy 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 Fluid 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 Fluid performed over the past 5 years?

-32.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Fluid does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Fluid's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Fluid's 1-year growth to the PL Oil and Gas industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Fluid has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Fluid has efficiently used its assets last year compared to the PL Oil and Gas industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Fluid improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Fluid's financial position?


Financial Position Analysis

Fluid's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Fluid's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Fluid's level of debt (155.3%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (1.7% vs 155.3% today).


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0.2x 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.

Fluid has less than a year of cash runway based on current free cash flow.

Fluid has less than a year of cash runway if free cash flow continues to reduce at historical rates of -35.5% each year.


Next Steps

Dividend

What is Fluid's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Fluid's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Fluid's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Fluid has not reported any payouts.

Unable to verify if Fluid's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Fluid has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Fluid's salary, the management and board of directors tenure and is there insider trading?


CEO

Jan Gladki 0

0.0yrs

Tenure

0

Mr. Jan Gladki has been Partner and Chief Executive Officer of Fluid Corporation Sp. Z O. O. in Krakow since 1991. Mr. Gladki serves as an Attorney FLUID SA Inventor of several patents and utility models s ...


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Jan Gladki

    President of the Management Board

    • Tenure: 0.0yrs
  • Lukasz Pietrzkiewicz

    Vice-President of the Management Board

    • Tenure: 0.0yrs

Board Members

  • Elzbieta Gladka

    Member of Supervisory Board

    • Tenure: 0.0yrs
  • Lukasz Rózycki

    Chairman of the Supervisory Board

    • Tenure: 0.0yrs
  • Krzysztof Malec

    Member of Supervisory Board

    • Tenure: 4.0yrs

Company Information

Fluid S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Fluid S.A.
  • Ticker: FLD
  • Exchange: WSE
  • Founded: 2010
  • Industry: Coal and Consumable Fuels
  • Sector: Energy
  • Market Cap: zł9.597m
  • Shares outstanding: 39.99m
  • Website: https://www.fluid.pl

Location

  • Fluid S.A.
  • ul. Spóldzielcza 9
  • Sedziszów
  • 28-340
  • Poland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FLDWSE (Warsaw Stock Exchange)YesCommon Bearer SharesPLPLNApr 2011

Biography

Fluid S.A. provides technologies in the energy and heating sectors in Poland. The company offers biocarbon technology, a renewable fuel for the power industry, as well as a fertilizer for the agriculture.  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/22 21:27
End of Day Share Price2019/08/22 00:00
Earnings2019/03/31
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.