WSE:BRS

Stock Analysis Report

Executive Summary

Boryszew S.A. engages in automotive, metals, chemical products, and other businesses in Poland and internationally.

Snowflake

Fundamentals

Good value with reasonable growth potential.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-2.4%

BRS

2.3%

PL Metals and Mining

1.9%

PL Market


1 Year Return

-7.7%

BRS

-24.7%

PL Metals and Mining

0.2%

PL Market

Return vs Industry: BRS exceeded the Polish Metals and Mining industry which returned -24.7% over the past year.

Return vs Market: BRS underperformed the Polish Market which returned 0.2% over the past year.


Shareholder returns

BRSIndustryMarket
7 Day-2.4%2.3%1.9%
30 Day-2.3%-3.3%0.5%
90 Day-3.3%-19.3%-5.7%
1 Year-7.7%-7.7%-22.7%-24.7%3.3%0.2%
3 Year-44.4%-44.4%-18.5%-22.7%12.3%4.3%
5 Year-31.4%-32.6%-26.1%-31.8%0.2%-12.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BRS (PLN4.34) is trading below our estimate of fair value (PLN16.49)

Significantly Below Fair Value: BRS is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: BRS is poor value based on its PE Ratio (16.2x) compared to the Metals and Mining industry average (6.3x).

PE vs Market: BRS is poor value based on its PE Ratio (16.2x) compared to the Polish market (10.1x).


Price to Earnings Growth Ratio

PEG Ratio: BRS is good value based on its PEG Ratio (0.4x)


Price to Book Ratio

PB vs Industry: BRS is good value based on its PB Ratio (0.7x) compared to the PL Metals and Mining industry average (0.7x).


Next Steps

Future Growth

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

38.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BRS's forecast earnings growth (38.8% per year) is above the savings rate (2.9%).

Earnings vs Market: BRS's earnings (38.8% per year) are forecast to grow faster than the Polish market (10.6% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: BRS's revenue (10.1% per year) is forecast to grow faster than the Polish market (5.8% per year).

High Growth Revenue: BRS's revenue (10.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if BRS's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Boryszew performed over the past 5 years?

8.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: BRS's earnings have grown by 8.1% per year over the past 5 years.

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

Earnings vs Industry: BRS had negative earnings growth (-51.2%) over the past year, making it difficult to compare to the Metals and Mining industry average (-24.2%).


Return on Equity

High ROE: BRS's Return on Equity (6%) is considered low.


Return on Assets

ROA vs Industry: BRS's Return on Assets is below or equal to the Metals and Mining industry average last year.


Return on Capital Employed

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


Next Steps

Financial Health

How is Boryszew's financial position?


Financial Position Analysis

Short Term Liabilities: BRS's short term assets (PLN2.5B) exceeds its short term liabilities (PLN2.1B)

Long Term Liabilities: BRS's short term assets (2.5B) exceeds its long term liabilities (1.2B)


Debt to Equity History and Analysis

Debt Level: BRS's debt to equity ratio (79%) is considered high

Reducing Debt: BRS's debt to equity ratio has increased from 66.1% to 79% over the past 5 years.

Debt Coverage: BRS's debt is well covered by operating cash flow (29.1%).

Interest Coverage: BRS's interest payments on its debt are well covered by EBIT (4.8x coverage).


Balance Sheet

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

Debt Coverage by Assets: BRS's debt is covered by short term assets (assets are 1.7x debt).


Next Steps

Dividend

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


Dividend Yield vs Market

company0%marketbottom25%2.7%markettop25%7.2%industryaverage7.4%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate BRS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate BRS's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if BRS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BRS's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: BRS is not paying a notable dividend for the Polish market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BRS's dividend in 3 years as they are not forecast to pay a notable one for the Polish market.


Next Steps

Management

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

2.0yrs

Average board tenure


CEO

Piotr Lisiecki 0

1.8yrs

Tenure

zł60,000

Compensation

Mr. Piotr Boleslaw Lisiecki serves as Member of the Supervisory Board at Alchemia S.A. since September 2019. Mr. Lisiecki serves as the President of the Management Board at Boryszew S.A. since 2018. He ser ...


Board Age and Tenure

2.0yrs

Average Tenure

Experienced Board: BRS's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.


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

  • Mikolaj Budzanowski

    Chief Innovation Officer & Member of the Management Board

    • Tenure: 0yrs
    • Compensation: zł915.22k
  • Miroslaw Kutnik

    Secretary and Member of the Supervisory Board

    • Tenure: 8.6yrs
    • Compensation: zł60.00k
  • Elzbieta Slabon

    Chief Accountant

    • Tenure: 0yrs
  • Piotr Lisiecki

    President of the Management Board & General Director

    • Tenure: 1.8yrs
    • Compensation: zł60.00k
  • Krzysztof Kolodziejczyk

    Member of the Management Board & Financial Director

    • Tenure: 0.8yrs

Board Members

  • Arkadiusz Krezel

    Chairman of the Supervisory Board

    • Tenure: 0yrs
    • Compensation: zł192.00k
  • Malgorzata Waldowska

    Member of Supervisory Board

    • Tenure: 0yrs
    • Compensation: zł96.00k
  • Jaroslaw Antosik

    Member of Supervisory Board

    • Tenure: 2yrs
    • Compensation: zł9.77k
  • Miroslaw Kutnik

    Secretary and Member of the Supervisory Board

    • Tenure: 8.6yrs
    • Compensation: zł60.00k
  • Janusz Wisniewski

    Vice-Chairman of Supervisory Board

    • Tenure: 0.5yrs

Company Information

Boryszew S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Boryszew S.A.
  • Ticker: BRS
  • Exchange: WSE
  • Founded: 1911
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: zł957.908m
  • Shares outstanding: 220.72m
  • Website: https://www.boryszew.com.pl

Number of Employees


Location

  • Boryszew S.A.
  • Jagiellonska street No. 76
  • Warsaw
  • 03-301
  • Poland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BRSWSE (Warsaw Stock Exchange)YesCommon Bearer SharesPLPLNMay 1996
BOWDB (Deutsche Boerse AG)YesCommon Bearer SharesDEEURMay 1996

Biography

Boryszew S.A. engages in automotive, metals, chemical products, and other businesses in Poland and internationally. The company provides plastic and metal car components, such as interior and exterior car  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/23 20:41
End of Day Share Price2019/10/23 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.