Makarony Polskie S.A., together with its subsidiaries, manufactures and sells egg-made, extruded, and functional pasta products for various consumers primarily in Poland. More Details
Adequate balance sheet with proven track record.
Share Price & News
How has Makarony Polskie's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MAK is less volatile than 75% of Polish stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: MAK's weekly volatility (3%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: MAK underperformed the Polish Food industry which returned 40.9% over the past year.
Return vs Market: MAK matched the Polish Market which returned 23.8% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Makarony Polskie's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StMakarony Polskie (WSE:MAK) Has A Somewhat Strained Balance Sheet
4 months ago | Simply Wall StWe're Watching These Trends At Makarony Polskie (WSE:MAK)
5 months ago | Simply Wall StAre Makarony Polskie's (WSE:MAK) Statutory Earnings A Good Guide To Its Underlying Profitability?
Is Makarony Polskie undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MAK (PLN6.96) is trading above our estimate of fair value (PLN6.77)
Significantly Below Fair Value: MAK is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MAK is good value based on its PE Ratio (9x) compared to the Polish Food industry average (9.6x).
PE vs Market: MAK is good value based on its PE Ratio (9x) compared to the Polish market (14.6x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MAK's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MAK is good value based on its PB Ratio (0.7x) compared to the PL Food industry average (0.9x).
How is Makarony Polskie forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Makarony Polskie 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.
How has Makarony Polskie performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MAK has high quality earnings.
Growing Profit Margin: MAK's current net profit margins (4.1%) are higher than last year (2.2%).
Past Earnings Growth Analysis
Earnings Trend: MAK's earnings have grown by 2.3% per year over the past 5 years.
Accelerating Growth: MAK's earnings growth over the past year (75.1%) exceeds its 5-year average (2.3% per year).
Earnings vs Industry: MAK earnings growth over the past year (75.1%) underperformed the Food industry 84.1%.
Return on Equity
High ROE: MAK's Return on Equity (8.2%) is considered low.
How is Makarony Polskie's financial position?
Financial Position Analysis
Short Term Liabilities: MAK's short term assets (PLN50.0M) do not cover its short term liabilities (PLN53.4M).
Long Term Liabilities: MAK's short term assets (PLN50.0M) exceed its long term liabilities (PLN40.6M).
Debt to Equity History and Analysis
Debt Level: MAK's debt to equity ratio (29.4%) is considered satisfactory.
Reducing Debt: MAK's debt to equity ratio has increased from 28.7% to 29.4% over the past 5 years.
Debt Coverage: MAK's debt is well covered by operating cash flow (51.9%).
Interest Coverage: MAK's interest payments on its debt are well covered by EBIT (28.2x coverage).
What is Makarony Polskie current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MAK's dividend (4.31%) is higher than the bottom 25% of dividend payers in the Polish market (2.03%).
High Dividend: MAK's dividend (4.31%) is low compared to the top 25% of dividend payers in the Polish market (5.95%).
Stability and Growth of Payments
Stable Dividend: MAK has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: MAK's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (38.6%), MAK's dividend payments are 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.
How experienced are the management team and are they aligned to shareholders interests?
Mr. Zenon Danilowski has been the President of the Management Board AGRO-TECHNIKA Joint-Stock Co. since 1991. Mr. Danilowski has been President and Member of Management Board at Makarony Polskie S.A. since...
CEO Compensation Analysis
Compensation vs Market: Insufficient data to establish whether Zenon's total compensation is reasonable compared to companies of similar size in the Polish market.
Compensation vs Earnings: Zenon's compensation has been consistent with company performance over the past year.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Makarony Polskie S.A.'s company bio, employee growth, exchange listings and data sources
- Name: Makarony Polskie S.A.
- Ticker: MAK
- Exchange: WSE
- Founded: NaN
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: zł64.380m
- Shares outstanding: 9.25m
- Website: https://makarony.pl
Number of Employees
- Makarony Polskie S.A.
- ul. Podkarpacka 15a
Makarony Polskie S.A., together with its subsidiaries, manufactures and sells egg-made, extruded, and functional pasta products for various consumers primarily in Poland. The company offers pastas produced...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/07/27 22:00|
|End of Day Share Price||2021/07/27 00:00|
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.