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VOT

VotumWSE:VOT Stock Report

Market Cap

zł167.3m

7D

-0.3%

1Y

10.6%

Updated

27 Sep, 2021

Data

Company Financials
VOT fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance2/6
Financial Health4/6
Dividends2/6

VOT Overview

Votum S.A. provides assistance for obtaining compensation in Central and Eastern Europe.

Price History & Performance

Summary of all time highs, changes and price drops for Votum
Historical stock prices
Current Share Pricezł13.94
52 Week Highzł10.05
52 Week Lowzł20.90
Beta0.27
1 Month Change-9.60%
3 Month Change-14.48%
1 Year Change10.64%
3 Year Change172.27%
5 Year Change12.06%
Change since IPO238.35%

Recent News & Updates

Shareholder Returns

VOTPL InsurancePL Market
7D-0.3%-0.4%-1.3%
1Y10.6%26.7%44.1%

Return vs Industry: VOT underperformed the Polish Insurance industry which returned 26.7% over the past year.

Return vs Market: VOT underperformed the Polish Market which returned 44.1% over the past year.

Price Volatility

Is VOT's price volatile compared to industry and market?
VOT volatility
VOT Beta0.27
Industry Beta1.12
Market Beta1

Stable Share Price: VOT is not significantly more volatile than the rest of Polish stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: VOT's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2005305Bartlomiej Krupahttps://www.votum-sa.pl

Votum S.A. provides assistance for obtaining compensation in Central and Eastern Europe. It helps people injured in accidents to obtain due compensation; and assistance at every stage of the compensation procedure. The company was founded in 2005 and is based in Wroclaw, Poland.

Votum Fundamentals Summary

How do Votum's earnings and revenue compare to its market cap?
VOT fundamental statistics
Market Capzł167.28m
Earnings (TTM)zł6.66m
Revenue (TTM)zł171.11m

25.1x

P/E Ratio

1.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
VOT income statement (TTM)
Revenuezł171.11m
Cost of Revenuezł52.26m
Gross Profitzł118.85m
Expenseszł112.20m
Earningszł6.66m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Nov 29, 2021

Earnings per share (EPS)0.55
Gross Margin69.46%
Net Profit Margin3.89%
Debt/Equity Ratio42.8%

How did VOT perform over the long term?

See historical performance and comparison

Dividends

2.5%

Current Dividend Yield

63%

Payout Ratio

Valuation

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

25.12x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: VOT (PLN13.94) is trading above our estimate of fair value (PLN13.54)

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


Price To Earnings Ratio

PE vs Industry: VOT is poor value based on its PE Ratio (25.1x) compared to the European Insurance industry average (10.9x).

PE vs Market: VOT is poor value based on its PE Ratio (25.1x) compared to the Polish market (13x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: VOT is overvalued based on its PB Ratio (2.7x) compared to the XE Insurance industry average (1.1x).


Future Growth

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

7.8%

Forecasted Insurance 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 Votum 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.


Past Performance

How has Votum performed over the past 5 years?

1.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: VOT has high quality earnings.

Growing Profit Margin: VOT's current net profit margins (3.9%) are lower than last year (8.6%).


Past Earnings Growth Analysis

Earnings Trend: VOT's earnings have grown by 1.7% per year over the past 5 years.

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

Earnings vs Industry: VOT had negative earnings growth (-47.2%) over the past year, making it difficult to compare to the Insurance industry average (11.7%).


Return on Equity

High ROE: VOT's Return on Equity (9.5%) is considered low.


Financial Health

How is Votum's financial position?


Financial Position Analysis

Short Term Liabilities: VOT's short term assets (PLN60.1M) exceed its short term liabilities (PLN48.4M).

Long Term Liabilities: VOT's short term assets (PLN60.1M) exceed its long term liabilities (PLN17.5M).


Debt to Equity History and Analysis

Debt Level: VOT's debt to equity ratio (42.8%) is considered high.

Reducing Debt: VOT's debt to equity ratio has reduced from 56.1% to 42.8% over the past 5 years.

Debt Coverage: VOT's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: VOT's interest payments on its debt are well covered by EBIT (16.2x coverage).


Balance Sheet


Dividend

What is Votum current dividend yield, its reliability and sustainability?

2.51%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: VOT's dividend (2.51%) is higher than the bottom 25% of dividend payers in the Polish market (2.21%).

High Dividend: VOT's dividend (2.51%) is low compared to the top 25% of dividend payers in the Polish market (6.22%).


Stability and Growth of Payments

Stable Dividend: VOT's dividend payments have been volatile in the past 10 years.

Growing Dividend: VOT's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (63.1%), VOT'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

How experienced are the management team and are they aligned to shareholders interests?

14.2yrs

Average board tenure


CEO

Bartlomiej Krupa

no data

Tenure

zł1,348,000

Compensation

Mr. Bartlomiej Krupa serves as President of the Management Board and served as a Vice President of Management Board at Votum S.A.


Board Members

Experienced Board: VOT's board of directors are seasoned and experienced ( 14.2 years average tenure).


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

Votum S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Votum S.A.
  • Ticker: VOT
  • Exchange: WSE
  • Founded: 2005
  • Industry: Insurance Brokers
  • Sector: Insurance
  • Market Cap: zł167.280m
  • Shares outstanding: 12.00m
  • Website: https://www.votum-sa.pl

Number of Employees


Location

  • Votum S.A.
  • ul. Wyscigowa 56
  • Wroclaw
  • 53-012
  • Poland

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/27 17:04
End of Day Share Price2021/09/27 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.