WSE:EEX

Stock Analysis Report

Executive Summary

Eko Export S.A. produces and sells microspheres in Western Europe and the United States.


Snowflake Analysis

Excellent balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: EEX's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

12.3%

EEX

-3.1%

PL Chemicals

-0.7%

PL Market


1 Year Return

66.1%

EEX

-32.4%

PL Chemicals

-8.9%

PL Market

Return vs Industry: EEX exceeded the Polish Chemicals industry which returned -32.4% over the past year.

Return vs Market: EEX exceeded the Polish Market which returned -8.9% over the past year.


Shareholder returns

EEXIndustryMarket
7 Day12.3%-3.1%-0.7%
30 Day30.5%-3.5%-1.4%
90 Day9.0%-2.6%-0.2%
1 Year66.1%66.1%-30.0%-32.4%-6.1%-8.9%
3 Year-53.8%-53.8%-44.0%-49.5%-6.5%-13.1%
5 Year-70.9%-70.9%-36.6%-44.7%0.5%-12.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

1.71x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: EEX (PLN7.01) is trading above our estimate of fair value (PLN0.51)

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


Price To Earnings Ratio

PE vs Industry: EEX is unprofitable, so we can't compare its PE Ratio to the Chemicals industry average.

PE vs Market: EEX is unprofitable, so we can't compare its PE Ratio to the Polish market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: EEX is overvalued based on its PB Ratio (1.7x) compared to the PL Chemicals industry average (0.7x).


Next Steps

Future Growth

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

-3.7%

Forecasted Materials 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 Eko Export 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.


Next Steps

Past Performance

How has Eko Export performed over the past 5 years?

-77.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EEX is currently unprofitable.

Growing Profit Margin: EEX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: EEX is unprofitable, and losses have increased over the past 5 years at a rate of -77.4% per year.

Accelerating Growth: Unable to compare EEX's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: EEX is unprofitable, making it difficult to compare its past year earnings growth to the Chemicals industry (5%).


Return on Equity

High ROE: EEX has a negative Return on Equity (-38.83%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Eko Export's financial position?


Financial Position Analysis

Short Term Liabilities: EEX's short term assets (PLN18.7M) do not cover its short term liabilities (PLN25.7M).

Long Term Liabilities: EEX's short term assets (PLN18.7M) exceed its long term liabilities (PLN5.8M).


Debt to Equity History and Analysis

Debt Level: EEX's debt to equity ratio (31.1%) is considered satisfactory.

Reducing Debt: EEX had negative shareholder equity 5 years ago, but is now positive and has therefore improved.


Balance Sheet

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

Debt Coverage by Assets: EEX's debt is covered by short term assets (assets are 1.3x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable EEX has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: EEX is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -32% per year.


Next Steps

Dividend

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


Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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


Next Steps

Management

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


CEO

Jacek Dziedzic 0

Mr. Jacek Dziedzic co-founded Eko Export S.A. (a/k/a, Eko Export Spólka Akcyjna) and serves as its President of the Management Board. Mr. Dziedzic combines managing skills supported by many years of experi ...


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 been diluted in the past year, with total shares outstanding growing by 10.3%.


Top Shareholders

Company Information

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


Key Information

  • Name: Eko Export S.A.
  • Ticker: EEX
  • Exchange: WSE
  • Founded:
  • Industry: Specialty Chemicals
  • Sector: Materials
  • Market Cap: zł92.047m
  • Shares outstanding: 13.15m
  • Website: https://www.ekoexport.eu

Location

  • Eko Export S.A.
  • ul. Strazacka 81
  • Bielsko-Biala
  • 43-382
  • Poland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EEXWSE (Warsaw Stock Exchange)YesCommon Bearer StockPLPLNJul 2009
0Q40LSE (London Stock Exchange)YesCommon Bearer StockGBPLNJul 2009

Biography

Eko Export S.A. produces and sells microspheres in Western Europe and the United States. The company offers microspheres, which are particles of slag originating during coal dust burning process in furnaces, primarily in power stations. Its microspheres are used in car applications, such as composites, undercoats, tires, engine parts, brake blocks, decorative bars, body fillers, plastics, and damping materials; and energy and technology sector products, including oil well cement, drilling mud, industrial coats, abrasive materials, spaceship coating and composites, explosives, and propeller arms. The company’s products are also used in building industry products comprising aluminum panels, special cements, mortars, plasters, roofing materials, sound absorbing panels, coatings, and shotcretes; and plastics, such as BMC and SMC molding compound, injection molding, modeling, extrusion, PVC floor, foil, nylon, high density polyethylene, low density polyethylene, and polypropylene plastic applications. In addition, its products are used in recreation industry products, including boats, floating devices, bowling balls, surfboards, canoes, golf equipment, shoes, lawns, and garden decoration; and ceramics industry applications, such as refractories, pouring substances, tiles, refractory bricks, mud cement, insulating materials, and coats. Eko Export S.A. is based in Bielsko-Biala, Poland. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/23 21:36
End of Day Share Price2020/02/21 00:00
Earnings2019/09/30
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.