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Arctic Paper

WSE:ATC
Snowflake Description

Excellent balance sheet and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ATC
WSE
PLN194M
Market Cap
  1. Home
  2. PL
  3. Materials
Company description

Arctic Paper S.A., together with its subsidiaries, produces and sells paper for printing houses, paper distributors, book and magazine publishing houses, and the advertising industry in Scandinavia, Poland, the United Kingdom, Germany, France, Central and Eastern Europe, and internationally. The last earnings update was 36 days ago. More info.


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  • Arctic Paper has significant price volatility in the past 3 months.
ATC Share Price and Events
7 Day Returns
1.4%
WSE:ATC
-1.3%
PL Forestry
0.2%
PL Market
1 Year Returns
-24.1%
WSE:ATC
-34.2%
PL Forestry
-2.1%
PL Market
ATC Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Arctic Paper (ATC) 1.4% -1.1% -10.5% -24.1% -41.3% 18.1%
PL Forestry -1.3% -2.2% -20.3% -34.2% -21.3% -2.6%
PL Market 0.2% 0.5% 1.3% -2.1% 12.5% -3.5%
1 Year Return vs Industry and Market
  • ATC outperformed the Forestry industry which returned -34.2% over the past year.
  • ATC underperformed the Market in Poland which returned -2.1% over the past year.

Value

 Is Arctic Paper undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Arctic Paper. This is due to cash flow or dividend data being unavailable. The share price is PLN2.8.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Arctic Paper's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Arctic Paper's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
WSE:ATC PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in PLN PLN0.18
WSE:ATC Share Price ** WSE (2019-04-23) in PLN PLN2.8
Poland Forestry Industry PE Ratio Median Figure of 8 Publicly-Listed Forestry Companies 20.63x
Poland Market PE Ratio Median Figure of 459 Publicly-Listed Companies 11.13x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Arctic Paper.

WSE:ATC PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= WSE:ATC Share Price ÷ EPS (both in PLN)

= 2.8 ÷ 0.18

15.8x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Arctic Paper is good value based on earnings compared to the PL Forestry industry average.
  • Arctic Paper is overvalued based on earnings compared to the Poland market.
Price based on expected Growth
Does Arctic Paper's expected growth come at a high price?
Raw Data
WSE:ATC PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 15.8x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
15.6%per year
Europe Forestry Industry PEG Ratio Median Figure of 21 Publicly-Listed Forestry Companies 1.08x
Poland Market PEG Ratio Median Figure of 114 Publicly-Listed Companies 1.16x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Arctic Paper, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Arctic Paper's assets?
Raw Data
WSE:ATC PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in PLN PLN8.32
WSE:ATC Share Price * WSE (2019-04-23) in PLN PLN2.8
Poland Forestry Industry PB Ratio Median Figure of 8 Publicly-Listed Forestry Companies 0.69x
Poland Market PB Ratio Median Figure of 687 Publicly-Listed Companies 0.99x
WSE:ATC PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= WSE:ATC Share Price ÷ Book Value per Share (both in PLN)

= 2.8 ÷ 8.32

0.34x

* Primary Listing of Arctic Paper.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Arctic Paper is good value based on assets compared to the PL Forestry industry average.
X
Value checks
We assess Arctic Paper's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Forestry industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Forestry industry average (and greater than 0)? (1 check)
  5. Arctic Paper has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Arctic Paper expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Arctic Paper, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
15.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Arctic Paper expected to grow at an attractive rate?
  • Arctic Paper's earnings growth is expected to exceed the low risk savings rate of 2.9%.
Growth vs Market Checks
  • Arctic Paper's earnings growth is expected to exceed the Poland market average.
  • Unable to compare Arctic Paper's revenue growth to the Poland market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
WSE:ATC Future Growth Rates Data Sources
Data Point Source Value (per year)
WSE:ATC Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 15.6%
Poland Forestry Industry Earnings Growth Rate Market Cap Weighted Average 41.6%
Europe Forestry Industry Revenue Growth Rate Market Cap Weighted Average 2%
Poland Market Earnings Growth Rate Market Cap Weighted Average 10.3%
Poland Market Revenue Growth Rate Market Cap Weighted Average 6.5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
WSE:ATC Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in PLN Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
WSE:ATC Past Financials Data
Date (Data in PLN Millions) Revenue Cash Flow Net Income *
2018-12-31 3,158 149 12
2018-09-30 3,117 168 33
2018-06-30 3,041 158 29
2018-03-31 2,969 241 31
2017-12-31 2,953 262 42
2017-09-30 2,920 249 61
2017-06-30 2,944 273 65
2017-03-31 2,962 207 61
2016-12-31 2,967 185 46
2016-09-30 2,970 159 39
2016-06-30 2,941 132 24
2016-03-31 2,908 135 30

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Arctic Paper's earnings are expected to grow by 15.6% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Arctic Paper is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
WSE:ATC Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Arctic Paper Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

WSE:ATC Past Financials Data
Date (Data in PLN Millions) EPS *
2018-12-31 0.18
2018-09-30 0.48
2018-06-30 0.41
2018-03-31 0.44
2017-12-31 0.61
2017-09-30 0.88
2017-06-30 0.94
2017-03-31 0.87
2016-12-31 0.66
2016-09-30 0.56
2016-06-30 0.34
2016-03-31 0.43

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Arctic Paper will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Arctic Paper's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Poland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Arctic Paper has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Arctic Paper performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Arctic Paper's growth in the last year to its industry (Forestry).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Arctic Paper has delivered over 20% year on year earnings growth in the past 5 years.
  • Arctic Paper's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Arctic Paper's 1-year earnings growth is negative, it can't be compared to the PL Forestry industry average.
Earnings and Revenue History
Arctic Paper's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Arctic Paper Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

WSE:ATC Past Revenue, Cash Flow and Net Income Data
Date (Data in PLN Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 3,158.21 12.28 436.39
2018-09-30 3,117.46 32.99 425.45
2018-06-30 3,040.96 28.57 425.17
2018-03-31 2,968.64 30.81 433.92
2017-12-31 2,952.81 42.48 442.48
2017-09-30 2,920.02 60.98 444.24
2017-06-30 2,944.14 65.02 445.58
2017-03-31 2,962.31 60.57 446.53
2016-12-31 2,966.97 45.71 445.81
2016-09-30 2,970.21 38.96 418.10
2016-06-30 2,940.93 23.79 385.84
2016-03-31 2,907.92 29.56 313.69
2015-12-31 2,900.46 26.33 331.93
2015-09-30 2,890.87 52.51 336.18
2015-06-30 2,888.41 73.48 341.73
2015-03-31 2,893.30 74.12 348.48
2014-12-31 2,865.12 70.61 336.70
2014-09-30 2,899.20 17.52 340.87
2014-06-30 2,954.96 -25.87 351.09
2014-03-31 3,025.49 -121.45 363.24
2013-12-31 3,104.90 -132.27 377.15
2013-09-30 2,992.14 -221.22 384.31
2013-06-30 2,888.88 -210.51 390.87
2013-03-31 2,765.50 -116.10 390.61
2012-12-31 2,631.72 -102.35 385.46
2012-09-30 2,683.24 44.25 389.54
2012-06-30 2,643.91 79.83 383.48

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Arctic Paper has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Arctic Paper used its assets less efficiently than the PL Forestry industry average last year based on Return on Assets.
  • Arctic Paper has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Arctic Paper's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Forestry industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Arctic Paper has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Arctic Paper's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Arctic Paper's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Arctic Paper is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Arctic Paper's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Arctic Paper's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 2.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Arctic Paper Company Filings, last reported 3 months ago.

WSE:ATC Past Debt and Equity Data
Date (Data in PLN Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 861.19 481.84 251.65
2018-09-30 876.16 488.25 228.21
2018-06-30 840.77 481.06 194.99
2018-03-31 807.84 464.02 232.15
2017-12-31 780.99 449.11 248.55
2017-09-30 790.45 476.35 231.74
2017-06-30 739.26 350.42 104.62
2017-03-31 738.37 369.06 102.15
2016-12-31 789.54 387.60 141.38
2016-09-30 728.99 478.16 211.92
2016-06-30 704.16 437.26 124.22
2016-03-31 693.67 443.20 168.24
2015-12-31 676.86 429.75 188.55
2015-09-30 741.92 439.46 197.66
2015-06-30 737.38 446.53 184.70
2015-03-31 728.21 405.43 186.18
2014-12-31 725.07 426.95 179.72
2014-09-30 719.74 403.55 137.91
2014-06-30 678.67 404.60 95.22
2014-03-31 672.26 483.31 97.03
2013-12-31 671.53 510.31 118.03
2013-09-30 724.33 511.90 103.88
2013-06-30 736.03 540.46 134.58
2013-03-31 845.77 528.92 138.05
2012-12-31 829.49 496.40 202.71
2012-09-30 676.93 400.66 134.87
2012-06-30 674.38 413.36 146.48
  • Arctic Paper's level of debt (56%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (75.9% vs 56% today).
  • Debt is well covered by operating cash flow (30.8%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 6.1x coverage).
X
Financial health checks
We assess Arctic Paper's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Arctic Paper has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Arctic Paper's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
7.14%
Current annual income from Arctic Paper dividends.
If you bought PLN2,000 of Arctic Paper shares you are expected to receive PLN143 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Arctic Paper's pays a higher dividend yield than the bottom 25% of dividend payers in Poland (2.75%).
  • Arctic Paper's dividend is below the markets top 25% of dividend payers in Poland (7.52%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
WSE:ATC Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Europe Forestry Industry Average Dividend Yield Market Cap Weighted Average of 22 Stocks 4.2%
Poland Market Average Dividend Yield Market Cap Weighted Average of 205 Stocks 3.3%
Poland Minimum Threshold Dividend Yield 10th Percentile 1.4%
Poland Bottom 25% Dividend Yield 25th Percentile 2.7%
Poland Top 25% Dividend Yield 75th Percentile 7.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

WSE:ATC Past Annualized Dividends Data
Date (Data in PLN) Dividend per share (annual) Avg. Yield (%)
2018-08-27 0.200 6.011
2018-04-09 0.200 4.827
2014-11-14 0.000 0.000
2014-09-01 0.000 0.000
2014-05-15 0.000 0.000
2014-04-03 0.000 0.000
2014-03-21 0.000 0.000
2013-05-02 0.150 5.151
2012-04-27 0.180 3.068
2012-02-29 0.000 0.000
2011-11-14 0.000 0.000
2011-08-31 0.000 0.000
2011-07-15 0.000 0.000
2011-05-13 0.000 0.000
2010-08-31 0.890 7.001
2010-05-31 0.890 6.489

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, Arctic Paper has been paying a dividend for less than 10 years.
  • Arctic Paper has only been paying a dividend for 9 years, and since then dividends per share have fallen.
Current Payout to shareholders
What portion of Arctic Paper's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (0.9x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Arctic Paper's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.4%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Arctic Paper afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Arctic Paper has a total score of 1/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Michal Jarczynski
COMPENSATION PLN1,392,822
TENURE AS CEO 0.2 years
CEO Bio

Mr. Michal Piotr Jarczynski has been the President of the Management Board, Member of of the Management Board and Chief Executive Officer at Arctic Paper S.A., since February 1, 2019. Mr. Jarczynski served as the Chief Executive Officer and Member of Management Board at Arctic Paper Spólka Akcyjna until July 15, 2013 and served as its President of Management Board from April 30, 2008 to July 15, 2013. Mr. Jarczynski served as Managing Director of Arctic Paper Kostrzyn S.A. He served as a Member of Supervisory Board at ENEA S.A. from October 22, 2012 to June 2013. Mr. Jarczynski graduated from the Poznan University of Technology and post-graduate studies on the Poznan University of Economics - Financial Analysis and Controlling.

CEO Compensation
  • Michal's compensation has been consistent with company performance over the past year.
  • Michal's remuneration is higher than average for companies of similar size in Poland.
Management Team

Göran Eklund

TITLE
CFO & Member of Management Board
COMPENSATION
PLN1M
TENURE
1.6 yrs

Michal Jarczynski

TITLE
President of Management Board & CEO
COMPENSATION
PLN1M
TENURE
0.2 yrs

Fabian Langenskiöld

TITLE
Executive Vice President of Sales
Board of Directors Tenure

Average tenure and age of the Arctic Paper board of directors in years:

2.6
Average Tenure
55
Average Age
  • The average tenure for the Arctic Paper board of directors is less than 3 years, this suggests a new board.
Board of Directors

Per Lundeen

TITLE
Chairman of Supervisory Board
COMPENSATION
PLN324K
AGE
63
TENURE
2.6 yrs

Roger Mattsson

TITLE
Deputy Chairman of Supervisory
COMPENSATION
PLN207K
AGE
45
TENURE
2.6 yrs

Thomas Onstad

TITLE
Member of Supervisory Board
COMPENSATION
PLN150K
TENURE
10.5 yrs

Mariusz Grendowicz

TITLE
Independent Member of Supervisory Board
COMPENSATION
PLN180K
AGE
55
TENURE
6.8 yrs

Maciej Georg

TITLE
Member of Supervisory Board
COMPENSATION
PLN150K
TENURE
2.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (PLN) Value (PLN)
X
Management checks
We assess Arctic Paper's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Arctic Paper has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Read This Before You Buy Arctic Paper S.A. (WSE:ATC) Because Of Its P/E Ratio

This article is written for those who want to get better at using price to earnings ratios (P/E ratios). … Looking at earnings over the last twelve months, Arctic Paper has a P/E ratio of 15.23. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

What Does Arctic Paper S.A.’s (WSE:ATC) 10% ROCE Say About The Business?

To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. … Return On Capital Employed (ROCE): What is it? … Analysts use this formula to calculate return on capital employed:

Simply Wall St -

Can You Imagine How Arctic Paper's Shareholders Feel About The 59% Share Price Increase?

(WSE:ATC) shareholders have enjoyed a 59% share price rise over the last half decade, well in excess of the market return of around 13%. … By comparing earnings per share (EPS) and and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. … During the five years of share price growth, Arctic Paper moved from a loss to profitability.

Simply Wall St -

Do Directors Own Arctic Paper S.A. (WSE:ATC) Shares?

Arctic Paper is a smaller company with a market capitalization of zł215m, so it may still be flying under the radar of many institutional investors. … Our analysis of the ownership of the company, below, shows that. … See our latest analysis for Arctic Paper

Simply Wall St -

Is Arctic Paper S.A.'s (WSE:ATC) CEO Paid At A Competitive Rate?

This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. … How Does Per Skoglund's Compensation Compare With Similar Sized Companies. … We examined a group of similar sized companies, with market capitalizations of below zł753m

Simply Wall St -

Are Arctic Paper S.A.'s (WSE:ATC) Interest Costs Too High?

While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … So, understanding the company's financial health becomes. … Here are a few basic checks that are good enough to have a broad overview of the company’s financial strength.

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Here's How P/E Ratios Can Help Us Understand Arctic Paper SA (WSE:ATC)

The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). … Arctic Paper has a P/E ratio of 7.44, based on the last twelve months. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

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Understanding Your Return On Investment In Arctic Paper SA (WSE:ATC)

Your equity share is granted in return for the capital provided to the business to operate, and in order for an investment to be successful the business has to create earnings from the funds that make up this capital. … Therefore, looking at how efficiently Arctic Paper is able to use capital to create earnings will help us understand your potential return. … Investors use many different metrics but the analysis below focuses on return on capital employed (ROCE).

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How Should Investors React To Arctic Paper SA's (WSE:ATC) CEO Pay?

First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Per Skoglund's Compensation Compare With Similar Sized Companies. … At the time of writing our data says that Arctic Paper SA has a market cap of zł243m, and is paying total annual CEO compensation of zł3m.

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Who Owns Arctic Paper SA (WSE:ATC)?

A look at the shareholders of Arctic Paper SA (WSE:ATC) can tell us which group is most powerful. … As Nassim Nicholas Taleb said, 'Don’t tell me what you think, tell me what you have in your portfolio.'. … Arctic Paper is not a large company by global standards.

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Company Info

Description

Arctic Paper S.A., together with its subsidiaries, produces and sells paper for printing houses, paper distributors, book and magazine publishing houses, and the advertising industry in Scandinavia, Poland, the United Kingdom, Germany, France, Central and Eastern Europe, and internationally. The company operates through Uncoated Paper, Coated Paper, Pulp, and Other segments. It offers uncoated wood-free papers, such as white offset, wood-free bulky book, and graphic papers; coated wood-free papers; uncoated wood-containing papers, including wood-containing bulky book, bulky book, and wood-containing offset papers; sulfate pulp; and fibrous mechanical pulp. The company markets its uncoated paper products under the Amber and Munken brands; and coated paper products under the G-Print and Arctic brands. In addition, it produces, transmits, and distributes electricity; produces and distributes heat; distributes paper; rents properties, and machines and equipment; and produces hydro energy and food packaging, as well as provides trading, logistics, and procurement bureau services. The company was founded in 1983 and is headquartered in Poznan, Poland. Arctic Paper S.A. is a subsidiary of Nemus Holding AB.

Details
Name: Arctic Paper S.A.
ATC
Exchange: WSE
Founded: 1983
PLN194,005,792
69,287,783
Website: http://www.arcticpaper.com
Address: Arctic Paper S.A.
J.H. Dabrowskiego 334 A,
Poznan,
60406,
Poland
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
WSE ATC Ordinary Shares Warsaw Stock Exchange PL PLN 23. Oct 2009
LSE 0OIU Ordinary Shares London Stock Exchange GB PLN 23. Oct 2009
OM ARP Ordinary Shares OMX Nordic Exchange Stockholm SE SEK 23. Oct 2009
Number of employees
Current staff
Staff numbers
1,730
Arctic Paper employees.
Industry
Paper Products
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/23 21:26
End of day share price update: 2019/04/23 00:00
Last earnings filing: 2019/03/18
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.