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Galvo

WSE:GAL
Snowflake Description

Excellent balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
GAL
WSE
PLN3M
Market Cap
  1. Home
  2. PL
  3. Materials
Company description

Galvo S.A. provides galvanic coating services. The last earnings update was 94 days ago. More info.


Add to Portfolio Compare Print
  • Galvo has significant price volatility in the past 3 months.
GAL Share Price and Events
7 Day Returns
32.1%
WSE:GAL
-0.3%
PL Metals and Mining
-0.6%
PL Market
1 Year Returns
-20.4%
WSE:GAL
-21.6%
PL Metals and Mining
-6.8%
PL Market
GAL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Galvo (GAL) 32.1% 19.4% 10.4% -20.4% -46.4% -7.5%
PL Metals and Mining -0.3% 3% -1% -21.6% 57.5% -3.2%
PL Market -0.6% 0.4% 8% -6.8% 18.7% -6.4%
1 Year Return vs Industry and Market
  • GAL outperformed the Metals and Mining industry which returned -21.6% over the past year.
  • GAL underperformed the Market in Poland which returned -6.8% over the past year.
Price Volatility
GAL
Industry
5yr Volatility vs Market

GAL Value

 Is Galvo 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 Galvo 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.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Galvo.

WSE:GAL Discounted Cash Flow Data Sources
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 12%
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.

Calculation of Discount Rate/ Cost of Equity for WSE:GAL
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year PL Govt Bond Rate 2.9%
Equity Risk Premium S&P Global 7.2%
Metals and Mining Unlevered Beta Simply Wall St/ S&P Global 0.83
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.834 (1 + (1- 19%) (66.51%))
1.284
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.28
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.85% + (1.284 * 7.15%)
12.03%

Discounted Cash Flow Calculation for WSE:GAL using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Galvo 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.

WSE:GAL DCF 1st Stage: Next 5 year cash flow forecast
2019 2020 2021 2022 2023
Levered FCF (PLN, Millions) 0.62 0.65 0.67 0.70 0.73
Source Est @ 3.83% Est @ 3.83% Est @ 3.83% Est @ 3.83% Est @ 3.83%
Present Value
Discounted (@ 12.03%)
0.56 0.52 0.48 0.44 0.41
Present value of next 5 years cash flows PLN2.41
WSE:GAL DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2023 × (1 + g) ÷ (Discount Rate – g)
= PLN0.73 × (1 + 2.85%) ÷ (12.03% – 2.85%)
PLN8.13
Present Value of Terminal Value = Terminal Value ÷ (1 + r)5
= PLN8.13 ÷ (1 + 12.03%)5
PLN4.61
WSE:GAL Total Equity Value
Calculation Result
Total Equity Value = Present value of next 5 years cash flows + Terminal Value
= PLN2.41 + PLN4.61
PLN7.01
Equity Value per Share
(PLN)
= Total value / Shares Outstanding
= PLN7.01 / 4.00
PLN1.75
WSE:GAL Discount to Share Price
Calculation Result
Value per share (PLN) From above. PLN1.75
Current discount Discount to share price of PLN0.74
= -1 x (PLN0.74 - PLN1.75) / PLN1.75
57.8%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Galvo is available for.
Intrinsic value
>50%
Share price is PLN0.74 vs Future cash flow value of PLN1.75
Current Discount Checks
For Galvo to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Galvo's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Galvo's share price is below the future cash flow value, and 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 Galvo's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Galvo's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
WSE:GAL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in PLN PLN-0.02
WSE:GAL Share Price ** WSE (2019-02-14) in PLN PLN0.74
Poland Metals and Mining Industry PE Ratio Median Figure of 15 Publicly-Listed Metals and Mining Companies 6.85x
Poland Market PE Ratio Median Figure of 451 Publicly-Listed Companies 10.52x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Galvo.

WSE:GAL PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= WSE:GAL Share Price ÷ EPS (both in PLN)

= 0.74 ÷ -0.02

-31.71x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Galvo is loss making, we can't compare its value to the PL Metals and Mining industry average.
  • Galvo is loss making, we can't compare the value of its earnings to the Poland market.
Price based on expected Growth
Does Galvo's expected growth come at a high price?
Raw Data
WSE:GAL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -31.71x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Poland Metals and Mining Industry PEG Ratio Median Figure of 7 Publicly-Listed Metals and Mining Companies 1.14x
Poland Market PEG Ratio Median Figure of 100 Publicly-Listed Companies 1.12x

*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 Galvo, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Galvo's assets?
Raw Data
WSE:GAL PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in PLN PLN2.30
WSE:GAL Share Price * WSE (2019-02-14) in PLN PLN0.74
Poland Metals and Mining Industry PB Ratio Median Figure of 19 Publicly-Listed Metals and Mining Companies 0.95x
Poland Market PB Ratio Median Figure of 691 Publicly-Listed Companies 1.02x
WSE:GAL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= WSE:GAL Share Price ÷ Book Value per Share (both in PLN)

= 0.74 ÷ 2.30

0.32x

* Primary Listing of Galvo.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Galvo is good value based on assets compared to the PL Metals and Mining industry average.
X
Value checks
We assess Galvo's value by looking at:
  1. 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. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Galvo has a total score of 3/6, 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.

GAL Future Performance

 How is Galvo expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Galvo 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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!
Annual Growth Rate
5.9%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Galvo expected to grow at an attractive rate?
  • Unable to compare Galvo's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Galvo's earnings growth to the Poland market average as no estimate data is available.
  • Unable to compare Galvo's revenue growth to the Poland market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
WSE:GAL Future Growth Rates Data Sources
Data Point Source Value (per year)
Poland Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 5.9%
Poland Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 1.4%
Poland Market Earnings Growth Rate Market Cap Weighted Average 10.1%
Poland Market Revenue Growth Rate Market Cap Weighted Average 6.4%

*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
Raw Data
WSE:GAL Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in PLN Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
WSE:GAL Past Financials Data
Date (Data in PLN Millions) Revenue Cash Flow Net Income *
2018-09-30 11 3 -0
2018-06-30 11 3 -0
2018-03-31 11 1 0
2017-12-31 11 1 -0
2017-09-30 11 1 -0
2017-06-30 10 0 -1
2017-03-31 10 1 -1
2016-12-31 11 1 -0
2016-09-30 10 2 -0
2016-06-30 11 1 -0
2016-03-31 11 1 0
2015-12-31 10 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Galvo is high growth as no earnings estimate data is available.
  • Unable to determine if Galvo is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
WSE:GAL Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Galvo Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

WSE:GAL Past Financials Data
Date (Data in PLN Millions) EPS *
2018-09-30 -0.02
2018-06-30 -0.00
2018-03-31 0.04
2017-12-31 -0.01
2017-09-30 -0.09
2017-06-30 -0.16
2017-03-31 -0.17
2016-12-31 -0.07
2016-09-30 -0.12
2016-06-30 -0.02
2016-03-31 0.03
2015-12-31 0.07

*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 Galvo will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether Galvo is trading at Galvo'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. Galvo's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. Galvo's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Galvo's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Poland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Poland market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Galvo has a total score of 0/6, 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.

GAL Past Performance

  How has Galvo 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
Below we compare Galvo's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Galvo does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Galvo's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Galvo's 1-year growth to the PL Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Galvo's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Galvo Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

WSE:GAL Past Revenue, Cash Flow and Net Income Data
Date (Data in PLN Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 11.20 -0.09 5.04
2018-06-30 11.09 -0.02 4.98
2018-03-31 11.25 0.15 4.93
2017-12-31 10.85 -0.02 4.82
2017-09-30 10.66 -0.37 4.79
2017-06-30 10.21 -0.63 4.84
2017-03-31 10.14 -0.69 5.00
2016-12-31 10.52 -0.29 5.05
2016-09-30 10.44 -0.49 5.13
2016-06-30 10.81 -0.06 5.08
2016-03-31 10.64 0.14 4.88
2015-12-31 10.47 0.27 4.79
2015-09-30 12.99 -2.50 5.97
2015-06-30 13.13 -2.21 5.70
2015-03-31 12.74 -2.24 5.74
2014-12-31 11.94 -2.55 5.54
2014-09-30 9.04 0.78 4.16
2014-06-30 8.33 0.36 4.17
2014-03-31 8.11 0.30 3.87
2013-12-31 8.19 0.26 3.84
2013-09-30 8.12 0.13 3.90
2013-06-30 8.11 0.17 3.93
2013-03-31 8.34 0.07 3.93
2012-12-31 8.63 0.17 3.93
2012-09-30 9.01 0.56 3.76
2012-06-30 8.91 0.17 3.65
2012-03-31 8.55 -0.31 0.02

*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.
  • It is difficult to establish if Galvo has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Galvo has efficiently used its assets last year compared to the PL Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Galvo improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Galvo's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Galvo has a total score of 0/6, 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.

GAL Health

 How is Galvo'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 Galvo's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Galvo is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Galvo's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Galvo's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 3.6x 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.
Raw Data

All data from Galvo Company Filings, last reported 4 months ago.

WSE:GAL Past Debt and Equity Data
Date (Data in PLN Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 9.22 1.97 4.65
2018-06-30 9.27 1.57 4.24
2018-03-31 9.28 1.07 1.46
2017-12-31 9.14 0.94 1.61
2017-09-30 9.31 1.11 0.43
2017-06-30 9.28 1.72 0.71
2017-03-31 9.14 2.05 0.99
2016-12-31 9.17 2.42 1.42
2016-09-30 10.07 2.41 1.58
2016-06-30 10.30 1.08 0.38
2016-03-31 10.21 1.19 0.37
2015-12-31 9.46 1.45 0.40
2015-09-30 10.17 1.82 0.39
2015-06-30 9.98 1.89 0.38
2015-03-31 6.62 3.64 1.16
2014-12-31 6.62 3.64 1.16
2014-09-30 9.94 0.00 1.57
2014-06-30 9.46 0.00 1.60
2014-03-31 9.19 0.00 1.32
2013-12-31 9.01 0.00 1.40
2013-09-30 9.16 0.00 1.19
2013-06-30 9.10 0.00 0.92
2013-03-31 8.88 0.00 0.89
2012-12-31 8.75 0.00 0.82
2012-09-30 9.03 0.00 0.99
2012-06-30 8.93 0.00 1.07
2012-03-31 8.81 0.00 0.95
  • Galvo's level of debt (21.4%) 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 21.4% today).
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.

  • Whilst loss making Galvo has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Galvo has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -66.8% per year.
X
Financial health checks
We assess Galvo's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Galvo has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. 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.

GAL Dividends

 What is Galvo'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
Dividend payments
0%
Current annual income from Galvo dividends.
If you bought PLN2,000 of Galvo shares you are expected to receive PLN0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Galvo's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Galvo'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.
Raw Data
WSE:GAL Annualized Past and Future Dividends
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 Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 11 Stocks 2%
Poland Market Average Dividend Yield Market Cap Weighted Average of 209 Stocks 3.3%
Poland Minimum Threshold Dividend Yield 10th Percentile 1.4%
Poland Bottom 25% Dividend Yield 25th Percentile 2.5%
Poland Top 25% Dividend Yield 75th Percentile 7.7%

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 Galvo has not reported any payouts.
  • Unable to verify if Galvo's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Galvo's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Galvo has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Galvo's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.4%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Galvo afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Galvo 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.

GAL Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Ryszard Szczepaniak
CEO Bio

Mr. Ryszard Boguslaw Szczepaniak serves as the President of the Management Board at Galvo Spólka Akcyjna (Also known as Galvo SA).

CEO Compensation
  • Insufficient data for Ryszard to compare compensation growth.
  • Insufficient data for Ryszard to establish whether their remuneration is reasonable compared to companies of similar size in Poland.
Management Team

Ryszard Szczepaniak

TITLE
President of the Management Board
Board of Directors

Azizullah Karim

TITLE
Chairman of the Supervisory Board

Zdzislaw Michas

TITLE
Member of the Supervisory Board

Katarzyna Czyzykowska

TITLE
Member of the Supervisory Board

Anna Derach

TITLE
Member of the Supervisory Board
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (PLN) Value (PLN)
X
Management checks
We assess Galvo's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Galvo 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.

GAL News

Simply Wall St News

Do Insiders Own Shares In Galvo S.A. (WSE:GAL)?

Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. … Galvo is a smaller company with a market capitalization of zł2.3m, so it may still be flying under the radar of many institutional investors. … Our analysis of the ownership of the company, below, shows that.

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Galvo SA (WSE:GAL): Time For A Financial Health Check

Investors are always looking for growth in small-cap stocks like Galvo SA (WSE:GAL), with a market cap of zł2.8m. … However, an important fact which most ignore is: how financially healthy is the business? … the current state of its operations and pathway to profitability.

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Why Galvo SA (WSE:GAL) May Not Be As Efficient As Its Industry

and want to start learning about core concepts of fundamental analysis on practical examples from today's market. … Galvo SA (WSE:GAL) generated a below-average return on equity of 1.58% in the past 12 months, while its industry returned 11.75%. … 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 GAL's past performance.

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Is Galvo SA's (WSE:GAL) Balance Sheet A Threat To Its Future?

Galvo SA (WSE:GAL) is a small-cap stock with a market capitalization of zł3.28m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … So, understanding the company's financial health becomes

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How Should You Think About Galvo SA.'s (WSE:GAL) Risks?

Generally, an investor should consider two types of risk that impact the market value of GAL. … See our latest analysis for Galvo An interpretation of GAL's beta Galvo's beta of 0.09 indicates that the stock value will be less variable compared to the whole stock market. … Based on this beta value, GAL appears to be a stock that an investor with a high-beta portfolio would look for to reduce risk exposure to the market.

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Should You Be Content With Galvo SA.'s (WSE:GAL) Earnings Growth?

(WSE:GAL) announced its most recent earnings (30 September 2017), I did two things: looked at its past earnings track record, then look at what is happening in the industry. … Check out our latest analysis for Galvo Commentary On GAL's Past Performance For the most up-to-date info, I use the ‘latest twelve-month’ data, which annualizes the most recent half-year data, or in some cases, the latest annual report is already the most recent financial year data. … For Galvo, its most recent earnings (trailing twelve month) is -ZŁ370.05K, which, relative to last year’s level, has become less negative.

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What does Galvo SA.'s (WSE:GAL) Balance Sheet Tell Us About Its Future?

With this growth in debt, the current cash and short-term investment levels stands at ZŁ1.31M , ready to deploy into the business. … On top of this, GAL has generated cash from operations of ZŁ1.10M during the same period of time, resulting in an operating cash to total debt ratio of 45.38%, indicating that GAL’s debt is appropriately covered by operating cash. … GAL's risk around capital structure is low, and the company has the headroom and ability to raise debt should it need to in the future.Next Steps: GAL’s high cash coverage and low debt levels indicate its ability to utilise its borrowings efficiently in order to generate ample cash flow.

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GAL Company Info

Map
Description

Galvo S.A. provides galvanic coating services. It provides decorative chromium plating services, including zinc-nickel alloy coatings, and acid and alkali galvanizing services for automotive, furniture, and construction industries, as well as household articles, accessories, and sanitary fittings. The company was founded in 1959 and is based in Lódz, Poland.

Details
Name: Galvo S.A.
GAL
Exchange: WSE
Founded: 1959
PLN2,960,000
4,000,000
Website: http://www.galvo.pl
Address: Galvo S.A.
ul. Aleksandrowska 67/93,
Lódz,
91-205,
Poland
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
WSE GAL Common Bearer Shares Warsaw Stock Exchange PL PLN 21. Oct 2010
Number of employees
Current staff
Staff numbers
0
Galvo employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/02/16 22:09
End of day share price update: 2019/02/14 00:00
Last earnings filing: 2018/11/14
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


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.