WSE:ZMT

Stock Analysis Report

Executive Summary

Zamet S.A. manufactures and sells industrial steel structures, machinery, and equipment in Poland and internationally.

Snowflake

Fundamentals

Excellent balance sheet and fair value.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0.6%

ZMT

-0.1%

PL Energy Services

0.02%

PL Market


1 Year Return

16.2%

ZMT

-30.0%

PL Energy Services

-3.3%

PL Market

Return vs Industry: ZMT exceeded the Polish Energy Services industry which returned -30% over the past year.

Return vs Market: ZMT exceeded the Polish Market which returned -3.3% over the past year.


Shareholder returns

ZMTIndustryMarket
7 Day0.6%-0.1%0.02%
30 Day0%-7.0%-2.5%
90 Day-5.8%-10.4%-7.4%
1 Year16.2%16.2%-28.3%-30.0%-0.4%-3.3%
3 Year-50.3%-50.3%-30.9%-43.7%11.3%3.4%
5 Year-79.9%-79.9%-60.9%-82.4%-1.0%-13.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Zamet undervalued compared to its fair value and its price relative to the market?

8.66x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate ZMT's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate ZMT's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: ZMT is good value based on its PE Ratio (8.7x) compared to the Energy Services industry average (18.1x).

PE vs Market: ZMT is good value based on its PE Ratio (8.7x) compared to the Polish market (10x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: ZMT is good value based on its PB Ratio (0.7x) compared to the XE Energy Services industry average (0.8x).


Next Steps

Future Growth

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

32.4%

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 Zamet 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 Zamet performed over the past 5 years?

-33.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: ZMT's earnings have declined by -33.1% per year over the past 5 years.

Accelerating Growth: ZMT has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: ZMT has become profitable in the last year, making it difficult to compare its past year earnings growth to the Energy Services industry (38.4%).


Return on Equity

High ROE: ZMT's Return on Equity (8.6%) is considered low.


Return on Assets

ROA vs Industry: ZMT has a higher Return on Assets than the Energy Services industry average last year.


Return on Capital Employed

ROCE Improving: ZMT has significantly improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is Zamet's financial position?


Financial Position Analysis

Short Term Liabilities: ZMT's short term assets (PLN108.9M) exceeds its short term liabilities (PLN57.9M)

Long Term Liabilities: ZMT's short term assets (108.9M) exceeds its long term liabilities (23.8M)


Debt to Equity History and Analysis

Debt Level: ZMT's debt to equity ratio (21.6%) is considered satisfactory

Reducing Debt: ZMT's debt to equity ratio has reduced from 26% to 21.6% over the past 5 years.

Debt Coverage: ZMT's debt is not well covered by operating cash flow (4.6%).

Interest Coverage: ZMT's interest payments on its debt are well covered by EBIT (16.2x coverage).


Balance Sheet

Inventory Level: ZMT has a high level of physical assets or inventory.

Debt Coverage by Assets: ZMT's debt is covered by short term assets (assets are 3.962250x debt).


Next Steps

Dividend

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


Dividend Yield vs Market

company0%marketbottom25%2.7%markettop25%7.4%industryaverage4.4%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

High Dividend: Unable to evaluate ZMT's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if ZMT's dividends per share have been stable in the past.

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


Current Payout to Shareholders

Dividend Coverage: ZMT is not paying a notable dividend for the Polish market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ZMT's dividend in 3 years as they are not forecast to pay a notable one for the Polish market.


Next Steps

Management

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

8.8yrs

Average board tenure


CEO

Artur Jeziorowski 0

0yrs

Tenure

0

Mr. Artur Jeziorowski is the President of the Management Board of Zamet S.A. Mr. Jeziorowski holds a Master's Degree in Management and a Master of Business Administration diploma (MBA) issued by the Colleg ...


Board Age and Tenure

8.8yrs

Average Tenure

Experienced Board: ZMT's board of directors are considered experienced (8.8 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


Management Team

  • Jan Szymik

    Vice President of the Management Board

    • Tenure: 7.7yrs
  • Mariusz Kielbik

    Chief Welding Engineer

    • Tenure: 0yrs
  • Wieslaw Domanski

    Chief Quality Inspector

    • Tenure: 0yrs
  • Artur Jeziorowski

    President of the Management Board

    • Tenure: 0yrs

Board Members

  • Jacek Osowski

    Member of Supervisory Board

    • Tenure: 8.8yrs
  • Beata Zawiszowska

    Member of Supervisory Board

    • Tenure: 8.8yrs
  • Czeslaw Kisiel

    Member of Supervisory Board

    • Tenure: 9.8yrs
  • Tomasz Domogala

    Chairman of the Supervisory Board

    • Tenure: 0yrs
  • Wojciech Gelner

    Member of Supervisory Board

    • Tenure: 0yrs
  • wyjadlowska dorota

    Member of Supervisory Board

    • Tenure: 0yrs
  • Michal Nowak

    Member of the Supervisory Board

    • Tenure: 2yrs

Company Information

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


Key Information

  • Name: Zamet S.A.
  • Ticker: ZMT
  • Exchange: WSE
  • Founded: 1956
  • Industry: Oil and Gas Equipment and Services
  • Sector: Energy
  • Market Cap: zł94.798m
  • Shares outstanding: 105.92m
  • Website: https://www.zamet-industry.com.pl

Location

  • Zamet S.A.
  • R. Dmowskiego 38B
  • Piotrków Trybunalski
  • 97-300
  • Poland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ZMTWSE (Warsaw Stock Exchange)YesCommon Bearer SharesPLPLNOct 2011

Biography

Zamet S.A. manufactures and sells industrial steel structures, machinery, and equipment in Poland and internationally. It offers offshore equipment for underwater petroleum extraction and drilling platform ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/18 21:09
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
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.