Executive Summary
Ferrum S.A. manufactures and sells pipes for transmission media in Poland. More Details
Snowflake Analysis
Worrying balance sheet with weak fundamentals.
Share Price & News
How has Ferrum's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FER is not significantly more volatile than the rest of Polish stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: FER's weekly volatility (8%) has been stable over the past year.
Market Performance
7 Day Return
-2.2%
FER
0.6%
PL Metals and Mining
-0.8%
PL Market
1 Year Return
-5.0%
FER
83.5%
PL Metals and Mining
2.0%
PL Market
Return vs Industry: FER underperformed the Polish Metals and Mining industry which returned 83.5% over the past year.
Return vs Market: FER underperformed the Polish Market which returned 2% over the past year.
Shareholder returns
| FER | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.2% | 0.6% | -0.8% |
| 30 Day | 7.8% | 11.7% | 6.7% |
| 90 Day | 1.1% | 50.2% | 17.1% |
| 1 Year | -5.0%-5.0% | 85.2%83.5% | 2.9%2.0% |
| 3 Year | -8.4%-8.4% | 21.9%17.3% | -13.0%-18.3% |
| 5 Year | -2.7%-2.7% | 196.5%173.8% | 26.3%12.1% |
Long-Term Price Volatility Vs. Market
How volatile is Ferrum's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Is Ferrum (WSE:FER) A Risky Investment?1 month ago | Simply Wall St
Will Ferrum's (WSE:FER) Growth In ROCE Persist?2 months ago | Simply Wall St
Ferrum's (WSE:FER) Stock Price Has Reduced 22% In The Past Five YearsValuation
Is Ferrum undervalued compared to its fair value and its price relative to the market?
1.77x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate FER's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate FER's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: FER is unprofitable, so we can't compare its PE Ratio to the PL Metals and Mining industry average.
PE vs Market: FER 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 FER's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FER is overvalued based on its PB Ratio (1.8x) compared to the PL Metals and Mining industry average (1.1x).
Next Steps
Future Growth
How is Ferrum forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
25.8%
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 Ferrum 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
- Take a look at our analysis of FER’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Ferrum competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
Past Performance
How has Ferrum performed over the past 5 years?
27.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FER is currently unprofitable.
Growing Profit Margin: FER is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: FER is unprofitable, but has reduced losses over the past 5 years at a rate of 27.3% per year.
Accelerating Growth: Unable to compare FER's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: FER is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-3.8%).
Return on Equity
High ROE: FER has a negative Return on Equity (-11.08%), as it is currently unprofitable.
Next Steps
Financial Health
How is Ferrum's financial position?
Financial Position Analysis
Short Term Liabilities: FER's short term assets (PLN262.6M) do not cover its short term liabilities (PLN282.5M).
Long Term Liabilities: FER's short term assets (PLN262.6M) exceed its long term liabilities (PLN27.8M).
Debt to Equity History and Analysis
Debt Level: FER's debt to equity ratio (145.5%) is considered high.
Reducing Debt: FER's debt to equity ratio has increased from 86.3% to 145.5% over the past 5 years.
Balance Sheet
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: FER has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: FER has less than a year of cash runway if free cash flow continues to reduce at historical rates of 39% each year
Next Steps
Dividend
What is Ferrum current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate FER's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate FER's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if FER's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FER's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of FER'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?
4.9yrs
Average board tenure
CEO
Krzysztof Kasprzycki
no data
Tenure
zł216,000
Compensation
Mr. Krzysztof Kasprzycki serves as President of the Management Board at Ferrum Spólka Akcyjna and has been its Chief Executive Officer since January 2019 and was its Managing Director. He was Plant Directo...
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Member of the Supervisory Board | no data | zł64.30k | no data | |
| Member of the Supervisory Board | no data | zł32.40k | no data | |
| Member of The Supervisory Board | 4.92yrs | zł32.40k | no data | |
| Chairman of The Supervisory Board | no data | no data | no data | |
| Member of Supervisory Board | no data | zł40.40k | no data | |
| Member of The Supervisory Board | 5.08yrs | zł22.30k | no data | |
| Member of Supervisory Board | no data | zł40.70k | no data | |
| Member of The Supervisory Board | 4.92yrs | zł41.20k | no data | |
| Member of Supervisory Board | 4.92yrs | zł32.40k | no data | |
| Member of Supervisory Board | 2yrs | no data | no data | |
| Supervisory Board Member | no data | zł32.40k | no data | |
| Member of Supervisory Board | no data | no data | no data |
4.9yrs
Average Tenure
Experienced Board: FER's board of directors are considered experienced (4.9 years average tenure).
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 not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Ferrum S.A.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Ferrum S.A.
- Ticker: FER
- Exchange: WSE
- Founded: 1874
- Industry: Steel
- Sector: Materials
- Market Cap: zł208.481m
- Shares outstanding: 57.91m
- Website: https://www.ferrum.com.pl
Number of Employees
Location
- Ferrum S.A.
- ul. Porcelanowa 11
- Katowice
- 40-246
- Poland
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| FER | WSE (Warsaw Stock Exchange) | Yes | Bearer Shares | PL | PLN | Jun 1997 |
| 0LUC | LSE (London Stock Exchange) | Yes | Bearer Shares | GB | PLN | Jun 1997 |
Biography
Ferrum S.A. manufactures and sells pipes for transmission media in Poland. It offers high frequency welded-induction steel pipes; square, rectangular, and circular hollow sections; and helically and longit...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/21 18:13 |
| End of Day Share Price | 2021/01/21 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.