WSE:OVO

Stock Analysis Report

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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. More Details


Snowflake Analysis

Excellent 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

Stable Share Price: OVO has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

4.1%

OVO

2.1%

PL Food

-0.9%

PL Market


1 Year Return

-17.0%

OVO

-0.3%

PL Food

-19.6%

PL Market

Return vs Industry: OVO underperformed the Polish Food industry which returned 0.1% over the past year.

Return vs Market: OVO matched the Polish Market which returned -17.2% over the past year.


Shareholder returns

OVOIndustryMarket
7 Day4.1%2.1%-0.9%
30 Day-3.1%2.8%-4.0%
90 Day-10.6%-0.6%-12.8%
1 Year-17.0%-17.0%2.8%-0.3%-18.9%-19.6%
3 Year-39.5%-42.3%-20.4%-26.5%-29.2%-33.4%
5 Year-23.7%-27.2%-11.8%-22.4%-16.9%-26.0%

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?

0.91x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: OVO (PLN63.5) is trading above our estimate of fair value (PLN26.35)

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


Price To Earnings Ratio

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

PE vs Market: OVO 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 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 (0.7x).


Next Steps

Future Growth

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

9.6%

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?

-38.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: OVO is currently unprofitable.

Growing Profit Margin: OVO is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: OVO is unprofitable, and losses have increased over the past 5 years at a rate of 38.4% per year.

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

Earnings vs Industry: OVO is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (-29.4%).


Return on Equity

High ROE: OVO has a negative Return on Equity (-19.4%), as it is currently unprofitable.


Next Steps

Financial Health

How is Ovostar Union's financial position?


Financial Position Analysis

Short Term Liabilities: OVO's short term assets ($40.9M) exceed its short term liabilities ($16.2M).

Long Term Liabilities: OVO's short term assets ($40.9M) exceed its long term liabilities ($5.0M).


Debt to Equity History and Analysis

Debt Level: OVO's debt to equity ratio (8.3%) is considered satisfactory.

Reducing Debt: OVO's debt to equity ratio has reduced from 19.2% to 8.3% over the past 5 years.

Debt Coverage: OVO's debt is well covered by operating cash flow (168.2%).

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


Balance Sheet


Next Steps

Dividend

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

6.55%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: OVO's dividend (6.55%) is higher than the bottom 25% of dividend payers in the Polish market (1.88%).

High Dividend: OVO's dividend (6.55%) is in the top 25% of dividend payers in the Polish market (5.87%)


Stability and Growth of Payments

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: OVO is paying a dividend but the company is unprofitable.


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?

US$1k

CEO Compensation


CEO

Borys Bielikov (51 yo)

no data

Tenure

US$1,000

Compensation

Mr. Borys Oleksandrovich Bielikov serves as Co-Owner of Ovostar Union Public Company Limited (formerly known as Ovostar Union N.V.) (Boryspil Agro Trade Ltd.) and has been its Chief Executive Officer since ...


CEO Compensation Analysis

Compensation vs Market: Borys's total compensation ($USD0.00) is below average for companies of similar size in the Polish market ($USD150.34K).

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


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

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: zł372.000m
  • 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
0Q6CLSE (London Stock Exchange)YesOrdinary Bearer SharesGBPLNJun 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 Analysis2020/10/26 22:09
End of Day Share Price2020/10/26 00:00
Earnings2020/06/30
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.