WSE:IND

Stock Analysis Report

Executive Summary

Indykpol S.A. produces and sells turkey meat and meat products in Poland.

Snowflake

Fundamentals

Flawless balance sheet and slightly overvalued.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-0.8%

IND

0.1%

PL Food

0.01%

PL Market


1 Year Return

-1.5%

IND

-15.4%

PL Food

-3.3%

PL Market

Return vs Industry: IND exceeded the Polish Food industry which returned -15.4% over the past year.

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


Shareholder returns

INDIndustryMarket
7 Day-0.8%0.1%0.01%
30 Day1.6%-4.1%-2.1%
90 Day7.6%-12.2%-7.4%
1 Year-1.5%-1.5%-13.0%-15.4%-0.4%-3.3%
3 Year-0.4%-1.5%-21.6%-27.3%11.3%3.4%
5 Year59.6%54.2%31.2%15.2%-1.0%-13.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

9.96x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: IND is poor value based on its PE Ratio (10x) compared to the Food industry average (7.9x).

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


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: IND is good value based on its PB Ratio (0.6x) compared to the PL Food industry average (0.7x).


Next Steps

Future Growth

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

10.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: IND's forecast earnings growth (10% per year) is above the savings rate (2.9%).

Earnings vs Market: IND's earnings (10% per year) are forecast to grow slower than the Polish market (10.5% per year).

High Growth Earnings: IND's earnings are forecast to grow, but not significantly.

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

High Growth Revenue: Insufficient data to determine if IND'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 IND's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Indykpol performed over the past 5 years?

28.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: IND's earnings have grown significantly by 28.7% per year over the past 5 years.

Accelerating Growth: IND's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: IND had negative earnings growth (-76.1%) over the past year, making it difficult to compare to the Food industry average (30.1%).


Return on Equity

High ROE: IND's Return on Equity (6.3%) is considered low.


Return on Assets

ROA vs Industry: IND's Return on Assets is below or equal to the Food industry average last year.


Return on Capital Employed

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


Next Steps

Financial Health

How is Indykpol's financial position?


Financial Position Analysis

Short Term Liabilities: IND's short term assets (PLN265.5M) exceeds its short term liabilities (PLN106.1M)

Long Term Liabilities: IND's short term assets (265.5M) exceeds its long term liabilities (52.3M)


Debt to Equity History and Analysis

Debt Level: IND's debt to equity ratio (3.8%) is considered satisfactory

Reducing Debt: IND's debt to equity ratio has reduced from 69.1% to 3.8% over the past 5 years.

Debt Coverage: IND's debt is well covered by operating cash flow (24.9%).

Interest Coverage: IND's interest payments on its debt are well covered by EBIT (95.4x coverage).


Balance Sheet

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

Debt Coverage by Assets: IND's debt is covered by short term assets (assets are 22.031270x debt).


Next Steps

Dividend

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


Dividend Yield vs Market

company0%marketbottom25%2.7%markettop25%7.4%industryaverage4.0%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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

6.4yrs

Average board tenure


CEO

Piotr Kulikowski 0

0yrs

Tenure

zł498,000

Compensation

Mr. Piotr Kulikowski serves as the Chief Executive and General Director of Indykpol S.A. Mr. Kulikowski serves as President of the Management Board for Indykpol Spolka Akcyjna. Mr. Kulikowski served as a M ...


CEO Compensation Analysis

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

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


Board Age and Tenure

6.4yrs

Average Tenure

Experienced Board: IND's board of directors are considered experienced (6.4 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

  • Piotr Kulikowski

    President of the Management Board

    • Tenure: 0yrs
    • Compensation: zł498.00k
  • Waldemar Polucha

    Business and Finance Director

    • Tenure: 0yrs
  • Maciej Sosnicki

    Raw Material and Meats Division Director

    • Tenure: 0yrs
  • Leszek Krzewicki

    Technology and Investment Director

    • Tenure: 0yrs

Board Members

  • Andrzej Dorosz (76yo)

    Member of Supervisory Board

    • Tenure: 7.4yrs
  • Feliks Kulikowski

    President of the Supervisory Board

    • Tenure: 6.4yrs
  • Alfred Sutarzewicz

    Member of Supervisory Board

    • Tenure: 25.8yrs
  • Dorota Madejska

    Deputy President of the Supervisory Board

    • Tenure: 6.4yrs
  • Sawa Zarebinska

    Member of Supervisory Board

    • Tenure: 3.3yrs

Company Information

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


Key Information

  • Name: Indykpol S.A.
  • Ticker: IND
  • Exchange: WSE
  • Founded: 1951
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: zł199.968m
  • Shares outstanding: 3.12m
  • Website: https://www.indykpol.pl

Location

  • Indykpol S.A.
  • ul. Jesienna 3
  • Olsztyn
  • 10-370
  • Poland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
INDWSE (Warsaw Stock Exchange)YesCommon Bearer SharesPLPLNOct 1994

Biography

Indykpol S.A. produces and sells turkey meat and meat products in Poland. The company is also involved in the provision of poultry meat and meat products; and manufacture of feed. In addition, it offers ho ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/20 20:39
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.