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 agencies in Germany, France, the United Kingdom, Scandinavia, Poland, other Western Europe, Central and Eastern Europe, and internationally.
Very undervalued with excellent balance sheet.
Share Price & News
How has Arctic Paper's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ATC's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: ATC exceeded the Polish Forestry industry which returned -12.6% over the past year.
Return vs Market: ATC exceeded the Polish Market which returned -7.7% over the past year.
Price Volatility Vs. Market
How volatile is Arctic Paper's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StShould You Like Arctic Paper S.A.’s (WSE:ATC) High Return On Capital Employed?
1 month ago | Simply Wall StWhat Kind Of Shareholder Owns Most Arctic Paper S.A. (WSE:ATC) Stock?
1 month ago | Simply Wall StIs Arctic Paper S.A.'s (WSE:ATC) 5.8% Dividend Worth Your Time?
Is Arctic Paper undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ATC (PLN4.65) is trading below our estimate of fair value (PLN23.88)
Significantly Below Fair Value: ATC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ATC is good value based on its PE Ratio (8.3x) compared to the Forestry industry average (11x).
PE vs Market: ATC is good value based on its PE Ratio (8.3x) compared to the Polish market (12.1x).
Price to Earnings Growth Ratio
PEG Ratio: ATC is good value based on its PEG Ratio (0.4x)
Price to Book Ratio
PB vs Industry: ATC is good value based on its PB Ratio (0.5x) compared to the PL Forestry industry average (0.7x).
How is Arctic Paper forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ATC's forecast earnings growth (21.9% per year) is above the savings rate (2%).
Earnings vs Market: ATC's earnings (21.9% per year) are forecast to grow faster than the Polish market (11.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ATC's revenue is expected to decline over the next 3 years (-0.4% per year).
High Growth Revenue: ATC's revenue is forecast to decline over the next 3 years (-0.4% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ATC's Return on Equity is forecast to be low in 3 years time (11.9%).
How has Arctic Paper performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ATC has high quality earnings.
Growing Profit Margin: ATC's current net profit margins (1.2%) are higher than last year (1%).
Past Earnings Growth Analysis
Earnings Trend: ATC's earnings have declined by -12.7% per year over the past 5 years.
Accelerating Growth: ATC's earnings growth over the past year (25%) exceeds its 5-year average (-12.7% per year).
Earnings vs Industry: ATC earnings growth over the past year (25%) exceeded the Forestry industry -40.2%.
Return on Equity
High ROE: ATC's Return on Equity (9.7%) is considered low.
Return on Assets
Return on Capital Employed
How is Arctic Paper's financial position?
Financial Position Analysis
Short Term Liabilities: ATC's short term assets (PLN1.1B) exceed its short term liabilities (PLN707.6M).
Long Term Liabilities: ATC's short term assets (PLN1.1B) exceed its long term liabilities (PLN535.8M).
Debt to Equity History and Analysis
Debt Level: ATC's debt to equity ratio (45.6%) is considered high.
Reducing Debt: ATC's debt to equity ratio has reduced from 50.5% to 45.6% over the past 5 years.
Debt Coverage: ATC's debt is well covered by operating cash flow (73.4%).
Interest Coverage: ATC's interest payments on its debt are well covered by EBIT (7.4x coverage).
Inventory Level: ATC has a high level of physical assets or inventory.
Debt Coverage by Assets: ATC's debt is covered by short term assets (assets are 2.6x debt).
What is Arctic Paper's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: ATC's dividend (4.3%) is higher than the bottom 25% of dividend payers in the Polish market (2.33%).
High Dividend: ATC's dividend (4.3%) is low compared to the top 25% of dividend payers in the Polish market (6.74%).
Stability and Growth of Payments
Stable Dividend: ATC's dividend payments have been volatile in the past 10 years.
Growing Dividend: ATC's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (35.6%), ATC's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ATC's dividends in 3 years are forecast to be well covered by earnings (44.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Michal Jarczynski 0
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 ...
CEO Compensation Analysis
Compensation vs Market: Michal's total compensation ($USD0.00) is below average for companies of similar size in the Polish market ($USD157.18K).
Compensation vs Earnings: Insufficient data to compare Michal's compensation with company performance.
|Independent Member of Supervisory Board||7.7yrs||zł180.00k||no data|
|Chairman of Supervisory Board||3.4yrs||zł324.00k||0.050% PLN161.6k|
|Deputy Chairman of Supervisory||3.4yrs||zł207.00k||no data|
|Member of Supervisory Board||11.3yrs||zł150.00k||8.98% PLN28.9m|
|Member of Supervisory Board||0.8yrs||no data||no data|
Experienced Board: ATC's board of directors are considered experienced (3.4 years average tenure).
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.
Arctic Paper S.A.'s company bio, employee growth, exchange listings and data sources
- Name: Arctic Paper S.A.
- Ticker: ATC
- Exchange: WSE
- Founded: 1983
- Industry: Paper Products
- Sector: Materials
- Market Cap: zł322.188m
- Shares outstanding: 69.29m
- Website: https://www.arcticpaper.com
Number of Employees
- Arctic Paper S.A.
- Ul. Jana Henryka Dabrowskiego 334A
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ATC||WSE (Warsaw Stock Exchange)||Yes||Ordinary Shares||PL||PLN||Oct 2009|
|0OIU||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||PLN||Oct 2009|
|ARP||OM (OMX Nordic Exchange Stockholm)||Yes||Ordinary Shares||SE||SEK||Oct 2009|
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 agencies in Germany, France, the United Kingdom, Scandinavia, Poland, other Western Europe, Central and Eastern Europe, and internationally. The company operates through Uncoated Paper, Coated Papers, Pulp, and Other segments. It offers uncoated wood-free papers, such as white offset, woodfree bulky book, and graphic papers; coated wood-free papers; uncoated wood-containing papers, such as wood containing bulky book paper; fully bleached and unbleached sulphate pulp; and chemi-thermo mechanical pulp and groundwood. 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 generates, transmits, and distributes electricity; produces and distributes heat; distributes paper; rents properties, and machines and equipment; and produces hydro energy and food packaging products, 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.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/17 21:39|
|End of Day Share Price||2020/02/17 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.