WSE:OVO

Stock Analysis Report

Executive Summary

Ovostar Union Public Company Limited produces, distributes, and sells eggs and egg products primarily in Ukraine, the Middle East, European Union, Commonwealth of Independent States, Africa, and internationally.

Snowflake

Fundamentals

Flawless balance sheet unattractive dividend payer.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-1.9%

OVO

0.1%

PL Food

0.01%

PL Market


1 Year Return

-29.4%

OVO

-15.4%

PL Food

-3.3%

PL Market

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

Return vs Market: OVO underperformed the Polish Market which returned -3.3% over the past year.


Shareholder returns

OVOIndustryMarket
7 Day-1.9%0.1%0.01%
30 Day3.4%-5.6%-1.1%
90 Day-8.3%-12.4%-7.6%
1 Year-26.0%-29.4%-13.0%-15.4%-0.4%-3.3%
3 Year-11.3%-15.4%-21.5%-27.3%11.4%3.4%
5 Year17.2%11.8%31.2%15.3%-1.0%-12.9%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

12.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: OVO (PLN77) is trading below our estimate of fair value (PLN87.85)

Significantly Below Fair Value: OVO is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: OVO is poor value based on its PE Ratio (11.6x) compared to the Food industry average (7.9x).

PE vs Market: OVO is poor value based on its PE Ratio (11.6x) compared to the Polish market (10x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: OVO is overvalued based on its PB Ratio (0.9x) compared to the PL Food industry average (0.8x).


Next Steps

Future Growth

How is Ovostar Union forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

0.09%

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 Ovostar Union 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 Ovostar Union performed over the past 5 years?

-12.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: OVO's earnings have declined by -12.2% per year over the past 5 years.

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

Earnings vs Industry: OVO had negative earnings growth (-64.5%) over the past year, making it difficult to compare to the Food industry average (30.1%).


Return on Equity

High ROE: OVO's Return on Equity (8.2%) is considered low.


Return on Assets

ROA vs Industry: OVO has a higher Return on Assets than the Food industry average last year.


Return on Capital Employed

ROCE Improving: OVO's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Ovostar Union's financial position?


Financial Position Analysis

Short Term Liabilities: OVO's short term assets ($58.6M) exceeds its short term liabilities ($21.0M)

Long Term Liabilities: OVO's short term assets (58.6M) exceeds its long term liabilities (3.9M)


Debt to Equity History and Analysis

Debt Level: OVO's debt to equity ratio (7.7%) is considered satisfactory

Reducing Debt: OVO's debt to equity ratio has reduced from 12.2% to 7.7% over the past 5 years.

Debt Coverage: OVO's debt is well covered by operating cash flow (233.1%).

Interest Coverage: OVO's interest payments on its debt are well covered by EBIT (26.3x coverage).


Balance Sheet

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

Debt Coverage by Assets: OVO's debt is covered by short term assets (assets are 5.760460x debt).


Next Steps

Dividend

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

5.44%

Current Dividend Yield


Dividend Yield vs Market

company5.4%marketbottom25%2.7%markettop25%7.4%industryaverage4.0%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: OVO's dividend (5.44%) is higher than the bottom 25% of dividend payers in the Polish market (2.67%).

High Dividend: OVO's dividend (5.44%) is low compared to the top 25% of dividend payers in the Polish market (7.37%).

Stable Dividend: Too early to tell whether OVO's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if OVO's dividend payments are increasing as they only just started paying a dividend.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (66.4%), OVO's dividend payments are 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

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

US$1k

CEO Compensation


CEO

Borys Bielikov (50yo)

0yrs

Tenure

US$1,000

Compensation

Mr. Borys Oleksandrovich Bielikov serves as Co-Owner of Ovostar Union NV (Boryspil Agro Trade Ltd.) and has been its Chief Executive Officer since 2011. Mr. Bielikov co-founded Ovostar Ltd., in 1993 and se ...


CEO Compensation Analysis

Compensation vs. Market: Borys's total compensation ($USD1,000.00) is too low to compare against companies of similar size in the Polish market ($USD0.00).

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


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

  • Borys Bielikov (50yo)

    Co-Owner

    • Tenure: 0yrs
    • Compensation: US$1.00k
  • Vitaliy Veresenko (51yo)

    Co-Owner & Chairman

    • Tenure: 0yrs
  • Liliya Chernyak

    Human Resources Director

    • Tenure: 0yrs
  • Natalia Malyovana

    First Deputy CEO & Commercial Director

    • Tenure: 0yrs
  • Arnis Veinbergs

    Deputy Chief Executive Officer of Production Activity

    • Tenure: 4.3yrs
  • Vladimir Polishchuk

    Deputy Chief Executive Officer

    • Tenure: 0yrs
    • Compensation: US$18.00k
  • Vitalii Sapozhnik

    Chief Financial Officer

    • Tenure: 0yrs
  • Anna Tews

    Head of Investor Relations

    • Tenure: 0yrs

Board Members

  • Borys Bielikov (50yo)

    Co-Owner

    • Tenure: 0yrs
    • Compensation: US$1.00k
  • Vitaliy Veresenko (51yo)

    Co-Owner & Chairman

    • Tenure: 0yrs
  • Sergii Karpenko

    Non-Executive Independent Director

    • Tenure: 3.9yrs

Company Information

Ovostar Union Public Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Ovostar Union Public Company Limited
  • Ticker: OVO
  • Exchange: WSE
  • Founded: 1998
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: zł462.000m
  • Shares outstanding: 6.00m
  • Website: https://www.ovostar.ua

Number of Employees


Location

  • Ovostar Union Public Company Limited
  • Petropavlivska Str, 34
  • Kyiv
  • Kyyivska obl.
  • 1075 HP
  • Ukraine

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
OVOWSE (Warsaw Stock Exchange)YesOrdinary Bearer SharesPLPLNJun 2011

Biography

Ovostar Union Public Company Limited produces, distributes, and sells eggs and egg products primarily in Ukraine, the Middle East, European Union, Commonwealth of Independent States, Africa, and internatio ...


Company Analysis and Financial Data Status

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