WSE:GOB

Stock Analysis Report

Executive Summary

Gobarto S.A. engages in slaughtering, cutting, producing, and distribution of red meat, pork, beef, poultry, and game in Poland and internationally.

Snowflake

Fundamentals

Overvalued with worrying balance sheet.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-6.1%

GOB

-0.3%

PL Food

1.9%

PL Market


1 Year Return

-27.7%

GOB

-14.1%

PL Food

0.2%

PL Market

Return vs Industry: GOB underperformed the Polish Food industry which returned -14.1% over the past year.

Return vs Market: GOB underperformed the Polish Market which returned 0.2% over the past year.


Shareholder returns

GOBIndustryMarket
7 Day-6.1%-0.3%1.9%
30 Day-5.6%-5.6%0.5%
90 Day-9.1%-12.3%-5.7%
1 Year-27.7%-27.7%-11.6%-14.1%3.3%0.2%
3 Year4.6%4.6%-22.9%-28.6%12.3%4.3%
5 Year-9.1%-9.1%27.1%11.6%0.2%-12.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

0.42x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate GOB's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate GOB's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: GOB is unprofitable, so we can't compare its PE Ratio to the Food industry average.

PE vs Market: GOB is unprofitable, so we can't compare its PE Ratio to the Polish market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: GOB is good value based on its PB Ratio (0.4x) compared to the PL Food industry average (0.8x).


Next Steps

Future Growth

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

29.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: GOB is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: GOB is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: GOB is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: Insufficient data to determine if GOB's revenue is forecast to grow faster than the Polish market.

High Growth Revenue: Insufficient data to determine if GOB's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if GOB's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Gobarto performed over the past 5 years?

-21.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: GOB is unprofitable, and losses have increased over the past 5 years at a rate of -21.8% per year.

Accelerating Growth: Unable to compare GOB's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: GOB is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (50.2%).


Return on Equity

High ROE: GOB has a negative Return on Equity (-1.63%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: GOB is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: GOB is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Gobarto's financial position?


Financial Position Analysis

Short Term Liabilities: GOB's short term assets (PLN393.2M) do not cover its short term liabilities (PLN466.4M)

Long Term Liabilities: GOB's short term assets (393.2M) exceeds its long term liabilities (215.9M)


Debt to Equity History and Analysis

Debt Level: GOB's debt to equity ratio (58.4%) is considered high

Reducing Debt: GOB's debt to equity ratio has increased from 44.9% to 58.4% over the past 5 years.

Debt Coverage: GOB's debt is not well covered by operating cash flow (14.5%).

Interest Coverage: GOB is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet

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

Debt Coverage by Assets: GOB's debt is covered by short term assets (assets are 1.568810x debt).


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.7%markettop25%7.2%industryaverage4.0%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

High Dividend: Unable to evaluate GOB'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 GOB's dividends per share have been stable in the past.

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of GOB'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 Gobarto's salary, the management and board of directors tenure and is there insider trading?

10.8yrs

Average management tenure


CEO

Dariusz Formela (45yo)

7.8yrs

Tenure

zł659,300

Compensation

Mr. Dariusz Marek Formela served as a Member of the Supervisory Board at Radpol S.A. until August 2019. He serves as Member of the Supervisory Board at Unimot S.A. Mr. Formela has been the President of the ...


CEO Compensation Analysis

Compensation vs. Market: Dariusz's total compensation ($USD0.00) is too low to compare against companies of similar size in the Polish market ($USD0.00).

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


Management Age and Tenure

10.8yrs

Average Tenure

Experienced Management: GOB's management team is seasoned and experienced (10.8 years average tenure).


Board Age and Tenure

4.3yrs

Average Tenure

Experienced Board: GOB's board of directors are considered experienced (4.3 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

  • Beata Ratajczak

    Chief Administrative Officer & Administrative Director

    • Tenure: 0yrs
    • Compensation: zł114.00k
  • Rafal Oleszak

    VP of the Management Board & Financial Director

    • Tenure: 11.8yrs
    • Compensation: zł479.30k
  • Grzegorz Ograbek

    Economic & Commodities Director

    • Tenure: 0yrs
    • Compensation: zł176.00k
  • Roman Miler

    VP of the Management Board & Executive VP

    • Tenure: 10.8yrs
    • Compensation: zł479.30k
  • Dariusz Jankowiak

    Chief Technology Officer

    • Tenure: 0yrs
    • Compensation: zł89.00k
  • Marcin Duda

    Director of Strategy and Centralization

    • Tenure: 0yrs
    • Compensation: zł150.00k
  • Dariusz Formela (45yo)

    President of the Management Board

    • Tenure: 7.8yrs
    • Compensation: zł659.30k
  • Jerzy Jaskowiak

    Chief Accountant

    • Tenure: 0yrs
    • Compensation: zł210.00k
  • Kamil Czub

    Chief Trade Officer & Foreign Trade Director

    • Tenure: 0yrs
    • Compensation: zł201.00k
  • Przemyslaw Kozlakiewicz

    Chairman of the Management Board

    • Tenure: 0yrs
    • Compensation: zł402.40k

Board Members

  • Robert Bednarski (45yo)

    Member of Supervisory Board

    • Tenure: 4.3yrs
    • Compensation: zł45.27k
  • Andrzej Gozdzikowski

    Chairman of the Supervisory Board

    • Tenure: 4.3yrs
    • Compensation: zł67.90k
  • Aleksander Kozlakiewicz

    Member of Supervisory Board

    • Tenure: 0yrs
    • Compensation: zł45.27k
  • Andrzej Sliwinski

    Member of Supervisory Board

    • Tenure: 0yrs
    • Compensation: zł45.27k
  • Wlodzimierz Bartkowski

    Vice Chairman of the Supervisory Board

    • Tenure: 0yrs
    • Compensation: zł45.27k
  • Ryszard Ceranowicz

    Member of Supervisory Board

    • Tenure: 4.3yrs
    • Compensation: zł23.46k

Company Information

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


Key Information

  • Name: Gobarto S.A.
  • Ticker: GOB
  • Exchange: WSE
  • Founded: 1990
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: zł178.477m
  • Shares outstanding: 27.80m
  • Website: https://gobarto.pl

Location

  • Gobarto S.A.
  • ul. Klobucka 25
  • Warsaw
  • 02-699
  • Poland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GOBWSE (Warsaw Stock Exchange)YesCommon Bearer SharesPLPLNJan 2003

Biography

Gobarto S.A. engages in slaughtering, cutting, producing, and distribution of red meat, pork, beef, poultry, and game in Poland and internationally. The company also operates a limousine cattle breeding fa ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/22 20:44
End of Day Share Price2019/10/22 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.