Boruta-Zachem
Boruta-Zachem S.A. operates in the chemical industry in Poland. The last earnings update was 8 days ago. More info.
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BRU Share Price and Events
7 Day Returns
1 Year Returns
BRU Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Boruta-Zachem (BRU) | 0% | -4.5% | 5% | 5% | -16% | - |
| PL Chemicals | 6.7% | 22.2% | 31.5% | -16.5% | -34.8% | -11.8% |
| PL Market | 0.9% | 0.7% | 5.7% | -6.4% | 18.9% | -5.8% |
1 Year Return vs Industry and Market
- BRU outperformed the Chemicals industry which returned -16.5% over the past year.
- BRU outperformed the Market in Poland which returned -6.4% over the past year.
BRU Value
Is Boruta-Zachem 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
Here we compare the current
share
price of
Boruta-Zachem
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Boruta-Zachem.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Extrapolated from most recent financials. | See below |
| Discount Rate (Cost of Equity) | See below | 8.6% |
| Perpetual Growth Rate | 10-Year PL Government Bond Rate | 2.9% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year PL Govt Bond Rate | 2.9% |
| Equity Risk Premium | S&P Global | 7.2% |
| Chemicals Unlevered Beta | Simply Wall St/ S&P Global | 0.48 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.48 (1 + (1- 19%) (2.84%)) |
0.491 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
0.8 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.85% + (0.8 * 7.15%) |
8.57% |
Discounted Cash Flow Calculation for WSE:BRU using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for Boruta-Zachem is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.
| 2019 | 2020 | 2021 | 2022 | 2023 | |
| Levered FCF (PLN, Millions) | 4.01 | 4.13 | 4.25 | 4.38 | 4.51 |
| Source | Est @ 2.99% | Est @ 2.99% | Est @ 2.99% | Est @ 2.99% | Est @ 2.99% |
|
Present Value Discounted (@ 8.57%) |
3.69 | 3.50 | 3.32 | 3.15 | 2.99 |
| Present value of next 5 years cash flows | PLN16.65 |
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2023
× (1 + g) ÷ (Discount Rate – g)
= PLN4.51 × (1 + 2.85%) ÷ (8.57% – 2.85%) |
PLN81.05 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)5
= PLN81.05 ÷ (1 + 8.57%)5 |
PLN53.73 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 5 years cash flows +
Terminal Value
= PLN16.65 + PLN53.73 |
PLN70.38 |
| Equity Value per Share (PLN) |
= Total value / Shares Outstanding
= PLN70.38 / 239.58 |
PLN0.29 |
| Calculation | Result | |
|---|---|---|
| Value per share (PLN) | From above. | PLN0.29 |
| Current discount | Discount to share price of
PLN0.21
= -1 x (PLN0.21 - PLN0.29) / PLN0.29 |
28.5% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Current Discount
Current Discount Checks
- Boruta-Zachem's share price is below the future cash flow value, and at a moderate discount (> 20%).
- Boruta-Zachem's share price is below the future cash flow value, but not at a substantial discount (< 40%).
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 Boruta-Zachem's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Boruta-Zachem's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-31) in PLN | PLN0.00 |
| WSE:BRU Share Price ** | WSE (2019-02-22) in PLN | PLN0.21 |
| Poland Chemicals Industry PE Ratio | Median Figure of 12 Publicly-Listed Chemicals Companies | 12.76x |
| Poland Market PE Ratio | Median Figure of 462 Publicly-Listed Companies | 10.57x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Boruta-Zachem.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = WSE:BRU Share Price ÷ EPS (both in PLN) = 0.21 ÷ 0.00 |
71.6x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Boruta-Zachem is overvalued based on earnings compared to the PL Chemicals industry average.
- Boruta-Zachem is overvalued based on earnings compared to the Poland market.
Price based on expected Growth
Does
Boruta-Zachem's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 71.6x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts |
28.4%per year |
| Europe Chemicals Industry PEG Ratio | Median Figure of 61 Publicly-Listed Chemicals Companies | 1.99x |
| Poland Market PEG Ratio | Median Figure of 100 Publicly-Listed Companies | 1.15x |
*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 Boruta-Zachem, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
Boruta-Zachem's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-31) in PLN | PLN0.16 |
| WSE:BRU Share Price * | WSE (2019-02-22) in PLN | PLN0.21 |
| Poland Chemicals Industry PB Ratio | Median Figure of 17 Publicly-Listed Chemicals Companies | 0.71x |
| Poland Market PB Ratio | Median Figure of 689 Publicly-Listed Companies | 1.01x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = WSE:BRU Share Price ÷ Book Value per Share (both in PLN) = 0.21 ÷ 0.16 |
1.32x |
* Primary Listing of Boruta-Zachem.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Boruta-Zachem is overvalued based on assets compared to the PL Chemicals industry average.
Value checks
We assess Boruta-Zachem's value by looking at:- 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. )
- Is the PE ratio less than the market average, and/ or less than the Chemicals industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Chemicals industry average (and greater than 0)? (1 check) Boruta-Zachem has a total score of 1/6, 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.
BRU Future Performance
- No analysts cover Boruta-Zachem, 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!
Earnings growth vs Low Risk Savings
- Boruta-Zachem's earnings growth is expected to exceed the low risk savings rate of 2.9%.
Growth vs Market Checks
- Boruta-Zachem's earnings growth is expected to exceed the Poland market average.
- Unable to compare Boruta-Zachem's revenue growth to the Poland market average as no estimate data is available.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| WSE:BRU Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts | 28.4% |
| Poland Chemicals Industry Earnings Growth Rate | Market Cap Weighted Average | 21.2% |
| Poland Chemicals Industry Revenue Growth Rate | Market Cap Weighted Average | 4.6% |
| Poland Market Earnings Growth Rate | Market Cap Weighted Average | 10.2% |
| Poland Market Revenue Growth Rate | Market Cap Weighted Average | 6.7% |
*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
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (1 month ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| Date (Data in PLN Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-12-31 | 24 | 4 | 1 |
| 2018-09-30 | 21 | 1 | 0 |
| 2018-06-30 | 21 | -1 | 1 |
| 2018-03-31 | 20 | -1 | 1 |
| 2017-12-31 | 20 | -1 | 1 |
| 2017-09-30 | 19 | -0 | -1 |
| 2017-06-30 | 22 | -0 | -1 |
| 2017-03-31 | 23 | -0 | |
| 2016-12-31 | 23 | 0 | 0 |
| 2016-09-30 | 21 | -6 | -0 |
| 2016-06-30 | 19 | 1 | 0 |
| 2016-03-31 | 18 | 4 | 0 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (1 month ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
All data from Boruta-Zachem Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in PLN Millions) | EPS * |
|---|---|
| 2018-12-31 | 0.00 |
| 2018-09-30 | 0.00 |
| 2018-06-30 | 0.00 |
| 2018-03-31 | 0.00 |
| 2017-12-31 | 0.01 |
| 2017-09-30 | -0.00 |
| 2017-06-30 | -0.00 |
| 2017-03-31 | -0.00 |
| 2016-12-31 | 0.00 |
| 2016-09-30 | -0.00 |
| 2016-06-30 | 0.00 |
| 2016-03-31 | 0.00 |
*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 Boruta-Zachem will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Future performance checks
We assess Boruta-Zachem's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Poland market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Poland market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Boruta-Zachem has a total score of 3/6, 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.
BRU Past Performance
How has Boruta-Zachem 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
Past Earnings growth analysis
- Boruta-Zachem's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
- Boruta-Zachem's 1-year earnings growth is negative, it can't be compared to the 5-year average.
- Boruta-Zachem's 1-year earnings growth is negative, it can't be compared to the PL Chemicals industry average.
Earnings and Revenue History
All data from Boruta-Zachem Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in PLN Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-12-31 | 24.38 | 0.70 | 7.84 | |
| 2018-09-30 | 20.81 | 0.48 | 9.10 | |
| 2018-06-30 | 20.81 | 0.97 | 8.85 | |
| 2018-03-31 | 19.99 | 0.66 | 7.56 | |
| 2017-12-31 | 19.96 | 1.22 | 7.39 | |
| 2017-09-30 | 19.42 | -0.74 | 6.68 | |
| 2017-06-30 | 21.78 | -0.68 | 6.22 | |
| 2017-03-31 | 23.18 | -0.18 | 5.86 | |
| 2016-12-31 | 22.60 | 0.02 | 5.55 | |
| 2016-09-30 | 21.37 | -0.15 | 5.43 | |
| 2016-06-30 | 19.04 | 0.05 | 5.27 | |
| 2016-03-31 | 18.12 | 0.26 | 5.18 | |
| 2015-12-31 | 18.29 | 0.23 | 5.22 | |
| 2015-09-30 | 18.74 | 0.08 | 4.24 | |
| 2015-06-30 | 18.97 | 0.00 | 4.41 | |
| 2015-03-31 | 19.21 | 0.01 | 4.47 | |
| 2014-12-31 | 19.70 | 0.19 | 4.34 | |
| 2014-09-30 | 19.78 | 0.28 | 4.30 | |
| 2014-06-30 | 19.93 | 1.23 | 4.13 | |
| 2014-03-31 | 19.46 | 1.33 | 4.07 | |
| 2013-12-31 | 18.72 | 1.30 | 4.12 | |
| 2012-12-31 | 17.98 | 0.05 | 4.36 |
*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.
- Boruta-Zachem has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- Boruta-Zachem used its assets less efficiently than the PL Chemicals industry average last year based on Return on Assets.
- Boruta-Zachem has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
Past performance checks
We assess Boruta-Zachem's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Chemicals industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Boruta-Zachem has a total score of 1/6, 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.
BRU Health
How is Boruta-Zachem'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 Boruta-Zachem's finances.
The net worth of a company is the difference between its assets and liabilities.
- Boruta-Zachem is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Boruta-Zachem's long term commitments exceed its cash and other short term assets.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- Debt is covered by short term assets, assets are 9.9x 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.
All data from Boruta-Zachem Company Filings, last reported 1 month ago.
| Date (Data in PLN Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-31 | 38.07 | 1.43 | 0.42 |
| 2018-09-30 | 35.89 | 0.45 | 7.14 |
| 2018-06-30 | 36.42 | 0.48 | 0.29 |
| 2018-03-31 | 36.66 | 0.51 | 0.38 |
| 2017-12-31 | 37.37 | 3.14 | 0.55 |
| 2017-09-30 | 35.40 | 0.68 | 0.23 |
| 2017-06-30 | 35.46 | 0.35 | 1.95 |
| 2017-03-31 | 35.99 | 0.32 | 2.81 |
| 2016-12-31 | 36.15 | 0.20 | 4.16 |
| 2016-09-30 | 36.15 | 3.64 | 5.61 |
| 2016-06-30 | 36.14 | 2.22 | 6.62 |
| 2016-03-31 | 20.53 | 19.47 | 8.63 |
| 2015-12-31 | 20.48 | 13.09 | 5.08 |
| 2015-09-30 | 20.66 | 0.00 | 7.42 |
| 2015-06-30 | 20.45 | 0.00 | 8.01 |
| 2015-03-31 | 15.99 | 0.00 | 6.38 |
| 2014-12-31 | 15.98 | 0.00 | 3.83 |
| 2014-09-30 | 16.30 | 0.00 | 10.66 |
| 2014-06-30 | 16.17 | 0.00 | 2.19 |
| 2014-03-31 | 15.98 | 0.00 | 2.68 |
| 2013-12-31 | 15.79 | 0.00 | 3.19 |
| 2012-12-31 | 14.49 | 0.00 | 2.84 |
- Boruta-Zachem's level of debt (3.8%) compared to net worth is satisfactory (less than 40%).
- The level of debt compared to net worth has increased over the past 5 years (0% vs 3.8% today).
- Debt is well covered by operating cash flow (248.4%, greater than 20% of total debt).
- Interest payments on debt are well covered by earnings (EBIT is 5.8x coverage).
Financial health checks
We assess Boruta-Zachem's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Boruta-Zachem has a total score of 4/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- 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.
BRU Dividends
What is Boruta-Zachem'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
If you bought
PLN2,000 of
Boruta-Zachem
shares you are expected to receive
PLN0
in your first year as a dividend.
Dividend Amount
- Unable to evaluate Boruta-Zachem's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
- Unable to evaluate Boruta-Zachem's dividend against the top 25% market benchmark as the company has not reported any payouts.
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.
| 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 |
| Poland Chemicals Industry Average Dividend Yield | Market Cap Weighted Average of 9 Stocks | 5.9% |
| Poland Market Average Dividend Yield | Market Cap Weighted Average of 208 Stocks | 3.3% |
| Poland Minimum Threshold Dividend Yield | 10th Percentile | 1.4% |
| Poland Bottom 25% Dividend Yield | 25th Percentile | 2.6% |
| Poland Top 25% Dividend Yield | 75th Percentile | 7.8% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to perform a dividend volatility check as Boruta-Zachem has not reported any payouts.
- Unable to verify if Boruta-Zachem's dividend has been increasing as the company has not reported any payouts.
Income/ dividend checks
We assess Boruta-Zachem's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 1.4%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Boruta-Zachem afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Boruta-Zachem has a total score of 0/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
BRU Management
- Boruta-Zachem has no CEO, or we have no data on them.
Management Team
Marcin Pawlikowski
Vice President of the Management Board
Board of Directors
Karolina Nowakowska
Member of Supervisory Board
Cezary Pawlikowski
Member of Supervisory Board
Beata Peszynska
Member of Supervisory Board
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (PLN) | Value (PLN) | |
|---|---|---|---|---|---|---|---|---|---|---|
Management checks
We assess Boruta-Zachem's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Boruta-Zachem 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.
BRU News
Simply Wall St News
Why Boruta-Zachem S.A.’s (WSE:BRU) Return On Capital Employed Looks Uninspiring
To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. … What is Return On Capital Employed (ROCE)? … Analysts use this formula to calculate return on capital employed:
Simply Wall St - – Full articleHow Did Boruta-Zachem SA's (WSE:BRU) 2.7% ROE Fare Against The Industry?
With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. … That means that for every PLN1 worth of shareholders' equity, it generated PLN0.027 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity
Simply Wall St - – Full articleHow Has Boruta-Zachem SA's (WSE:BRU) Earnings Fared Against The Long Term Trend
After reading Boruta-Zachem SA's (WSE:BRU) latest earnings update (30 June 2018), I found it beneficial to look back at how the company has performed in the past and compare this against the most recent numbers. … As a long-term investor I tend to pay attention to earnings trend, rather than a single number at one point in time. … BRU's trailing twelve-month earnings (from 30 June 2018) of zł962.1k has
Simply Wall St - – Full articleShould You Be Tempted To Sell Boruta-Zachem SA (WSE:BRU) Because Of Its PE Ratio?
The content of this article will benefit those of you who are starting to educate yourself about investing in the stock market. … and want to start learning about core concepts of fundamental analysis on practical examples from today's market. … While this makes BRU appear like a stock to avoid or sell if you own it, you might change your mind after I explain the assumptions behind the P/E ratio.
Simply Wall St - – Full articleWhy Boruta-Zachem SA's (WSE:BRU) ROE Of 1.80% Does Not Tell The Whole Story
and looking to gauge the potential return on investment in Boruta-Zachem SA (WSE:BRU). … Boruta-Zachem SA’s (WSE:BRU) most recent return on equity was a substandard 1.80% relative to its industry performance of 6.25% over the past year. … An investor may attribute an inferior ROE to a relatively inefficient performance, and whilst this can often be the case, knowing the nuts and bolts of the ROE calculation may change that perspective and give you a deeper insight into BRU's past performance
Simply Wall St - – Full articleBoruta-Zachem SA. (WSE:BRU): What Are Investors Earning On Their Capital?
See our latest analysis for Boruta-Zachem What is Return on Capital Employed (ROCE)? … Take a look at the formula box beneath: ROCE Calculation for BRU Return on Capital Employed (ROCE) = Earnings Before Tax (EBT) ÷ (Capital Employed) Capital Employed = (Total Assets - Current Liabilities) ∴ ROCE = ZŁ1.28M ÷ (ZŁ62.49M - ZŁ3.01M) = 2.15% BRU’s 2.15% ROCE means that for every PLN100 you invest, the company creates PLN2.1. … BRU doesn't return an attractive amount on capital, but this will only continue if the company is unable to increase earnings or decrease current capital requirements.
Simply Wall St - – Full articleWho Are The Major Shareholders Of Boruta-Zachem SA. (WSE:BRU)?
View our latest analysis for Boruta-Zachem WSE:BRU Ownership_summary Apr 13th 18 Institutional Ownership In BRU's case, institutional ownership stands at 49.84%, significant enough to cause considerable price moves in the case of large institutional transactions, especially when there is a low level of public shares available on the market to trade. … With this size of ownership, retail investors can collectively play a role in major company policies that affect shareholders returns, including executive remuneration and the appointment of directors. … Thus, potential investors should look into these business relations and check how it can impact long-term shareholder returns.Next Steps: The company's high institutional ownership makes margin of safety a very important consideration to existing investors since long bull and bear trends often emerge when these big-ticket investors see a change in long-term potential of the company.
Simply Wall St - – Full articleAre Boruta-Zachem SA.'s (WSE:BRU) Interest Costs Too High?
With this growth in debt, the current cash and short-term investment levels stands at ZŁ547.78K for investing into the business. … Moving onto cash from operations, its small level of operating cash flow means calculating cash-to-debt wouldn't be too useful, though these low levels of cash means that operational efficiency is worth a look. … Next Steps: Although BRU’s debt level is relatively low, its cash flow levels still could not copiously cover its borrowings.
Simply Wall St - – Full articleShould You Be Tempted To Sell Boruta-Zachem SA. (WSE:BRU) Because Of Its PE Ratio?
Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for BRU Price per share = PLN0.18 Earnings per share = PLN0.005 ∴ Price-Earnings Ratio = PLN0.18 ÷ PLN0.005 = 35.5x The P/E ratio isn’t a metric you view in isolation and only becomes useful when you compare it against other similar companies. … BRU’s P/E of 35.5x is higher than its industry peers (12.8x), which implies that each dollar of BRU’s earnings is being overvalued by investors. … For example, if you accidentally compared lower growth firms with BRU, then BRU’s P/E would naturally be higher since investors would reward BRU’s higher growth with a higher price.
Simply Wall St - – Full articleBoruta-Zachem SA. (WSE:BRU): Can It Deliver A Superior ROE To The Industry?
Check out our latest analysis for Boruta-Zachem Breaking down ROE — the mother of all ratios Return on Equity (ROE) weighs Boruta-Zachem’s profit against the level of its shareholders’ equity. … ROE can be split up into three useful ratios: net profit margin, asset turnover, and financial leverage. … This is called the Dupont Formula: Dupont Formula ROE = profit margin × asset turnover × financial leverage ROE = (annual net profit ÷ sales) × (sales ÷ assets) × (assets ÷ shareholders’ equity) ROE = annual net profit ÷ shareholders’ equity WSE:BRU Last Perf Mar 12th 18 Essentially, profit margin shows how much money the company makes after paying for all its expenses.
Simply Wall St - – Full articleBRU Company Info
Map
Description
Boruta-Zachem S.A. operates in the chemical industry in Poland. The company operates through three divisions: Boruta-Zachem Colour, Boruta-Zachem Biochemistry, and Boruta-Zachem Research and Development. The Boruta-Zachem Colour division produces and sells dyestuffs, pigments, optical brighteners, auxiliaries, disinfectant agents, and other chemical agents for use in textile, tanning, paints and varnishes, construction, pulp and paper, plastics, household chemicals, and various other industries. The Boruta-Zachem Biochemistry division produces and sells biosurfactants for the production of cleaning supplies, paints, cosmetics, groceries, and medicines. The Boruta-Zachem Research and Development division researches in the field of chemistry and biology, as well as bandages using nano technology with properties, which contribute to the process of healing; and engages in the development of the manufacturing technology of surfactants created with the production of rapeseed oil. Boruta-Zachem S.A. was founded in 1894 and is based in Bydgoszcz, Poland.
Details
| Name: | Boruta-Zachem S.A. |
| BRU | |
| Exchange: | WSE |
| Founded: | 1894 |
| PLN50,310,781 | |
| 239,575,150 | |
| Website: | http://www.boruta-zachem.pl |
| Address: |
Boruta-Zachem S.A. Wojska Polskiego 65 street, Bydgoszcz, 85-825, Poland |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| WSE | BRU | Common Shares | Warsaw Stock Exchange | PL | PLN | 02. Jul 2014 |
Number of employees
Current staff
Industry
| Specialty Chemicals | |
| Materials |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/02/22 22:24 |
| End of day share price update: | 2019/02/22 00:00 |
| Last earnings filing: | 2019/02/14 |
| 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.
