WSE:KVT

Stock Analysis Report

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Executive Summary

Krynica Vitamin S.A. produces and sells non-alcoholic and low-alcoholic beverages primarily in Poland. More Details


Snowflake Analysis

Proven track record with mediocre balance sheet.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

199.5%

KVT

0.8%

PL Beverage

-1.5%

PL Market


1 Year Return

482.2%

KVT

-26.7%

PL Beverage

-12.7%

PL Market

Return vs Industry: KVT exceeded the Polish Beverage industry which returned -26.5% over the past year.

Return vs Market: KVT exceeded the Polish Market which returned -13% over the past year.


Shareholder returns

KVTIndustryMarket
7 Day199.5%0.8%-1.5%
30 Day320.3%0.5%-4.6%
90 Day431.0%-1.4%-1.4%
1 Year512.1%482.2%-25.4%-26.7%-11.9%-12.7%
3 Year555.0%422.1%-14.0%-19.0%-23.6%-28.3%
5 Yearn/a2.2%-8.0%-8.0%-18.4%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

43.18x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: KVT (PLN24.8) is trading above our estimate of fair value (PLN10.91)

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


Price To Earnings Ratio

PE vs Industry: KVT is poor value based on its PE Ratio (43.2x) compared to the XE Beverage industry average (19.8x).

PE vs Market: KVT is poor value based on its PE Ratio (43.2x) compared to the Polish market (12.7x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: KVT is overvalued based on its PB Ratio (5.5x) compared to the XE Beverage industry average (2.1x).


Next Steps

Future Growth

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

27.0%

Forecasted Food, Beverage & Tobacco 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 Krynica Vitamin 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 Krynica Vitamin performed over the past 5 years?

-22.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: KVT has high quality earnings.

Growing Profit Margin: KVT's current net profit margins (2.2%) are higher than last year (1.4%).


Past Earnings Growth Analysis

Earnings Trend: KVT's earnings have declined by 22.1% per year over the past 5 years.

Accelerating Growth: KVT's earnings growth over the past year (88.3%) exceeds its 5-year average (-22.1% per year).

Earnings vs Industry: KVT earnings growth over the past year (88.3%) exceeded the Beverage industry -5%.


Return on Equity

High ROE: KVT's Return on Equity (12.8%) is considered low.


Next Steps

Financial Health

How is Krynica Vitamin's financial position?


Financial Position Analysis

Short Term Liabilities: KVT's short term assets (PLN64.8M) do not cover its short term liabilities (PLN88.4M).

Long Term Liabilities: KVT's short term assets (PLN64.8M) exceed its long term liabilities (PLN47.3M).


Debt to Equity History and Analysis

Debt Level: KVT's debt to equity ratio (88.7%) is considered high.

Reducing Debt: KVT's debt to equity ratio has increased from 35.6% to 88.7% over the past 5 years.

Debt Coverage: KVT's debt is well covered by operating cash flow (31.3%).

Interest Coverage: KVT's interest payments on its debt are well covered by EBIT (4.8x coverage).


Balance Sheet


Next Steps

Dividend

What is Krynica Vitamin current dividend yield, its reliability and sustainability?

2.66%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: KVT's dividend (2.66%) is higher than the bottom 25% of dividend payers in the Polish market (1.76%).

High Dividend: KVT's dividend (2.66%) is low compared to the top 25% of dividend payers in the Polish market (6.16%).


Stability and Growth of Payments

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

Growing Dividend: KVT has only been paying a dividend for 5 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (114.9%), KVT's dividend payments are not well 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?

1.3yrs

Average management tenure


CEO

Piotr Czachorowski

5.33yrs

Tenure

zł527,000

Compensation

Mr. Piotr Czachorowski has been the President of the Management Board at Krynica Vitamin S.A. since May 14, 2015 and serves as its Member of Management Board.


Leadership Team

NamePositionTenureCompensationOwnership
Piotr Czachorowski
President of The Management Board5.33yrszł527.00kno data
Agnieszka Donica
Vice Chairman of Management Board1.33yrsno datano data
Rafal Zalubka
Member of Management Board0.50yrno datano data
Piotr Kazimierczak
Chief Accountantno datano datano data

1.3yrs

Average Tenure

Experienced Management: KVT's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


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

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


Key Information

  • Name: Krynica Vitamin S.A.
  • Ticker: KVT
  • Exchange: WSE
  • Founded: 2011
  • Industry: Soft Drinks
  • Sector: Food, Beverage & Tobacco
  • Market Cap: zł303.845m
  • Shares outstanding: 12.25m
  • Website: https://www.krynicavitamin.com

Location

  • Krynica Vitamin S.A.
  • ul. Matyldy 35
  • Warsaw
  • 03-606
  • Poland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
KVTWSE (Warsaw Stock Exchange)YesBearer SharesPLPLNDec 2015
0RDKLSE (London Stock Exchange)YesBearer SharesGBPLNDec 2015

Biography

Krynica Vitamin S.A. produces and sells non-alcoholic and low-alcoholic beverages primarily in Poland. The company offers basic energy drinks, energy drinks with juice, and natural energy drinks; and vitam ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/19 02:53
End of Day Share Price2020/09/18 00:00
Earnings2020/03/31
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.