WSE:KPD

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Koszalinskie Przedsiebiorstwo Przemyslu Drzewnego Spólka Akcyjna

Executive Summary

Koszalinskie Przedsiebiorstwo Przemyslu Drzewnego Spólka Akcyjna produces and sells softwood timber products in Poland and internationally.


Snowflake Analysis

Adequate balance sheet and slightly overvalued.

Share Price & News

How has Koszalinskie Przedsiebiorstwo Przemyslu Drzewnego Spólka Akcyjna's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-6.5%

KPD

-1.2%

PL Forestry

4.6%

PL Market


1 Year Return

28.2%

KPD

29.2%

PL Forestry

-18.6%

PL Market

Return vs Industry: KPD underperformed the Polish Forestry industry which returned 29.2% over the past year.

Return vs Market: KPD exceeded the Polish Market which returned -19.4% over the past year.


Shareholder returns

KPDIndustryMarket
7 Day-6.5%-1.2%4.6%
30 Day29.3%7.7%5.6%
90 Day29.3%8.0%-6.7%
1 Year28.2%28.2%29.3%29.2%-16.6%-18.6%
3 Year9.0%9.0%-44.7%-45.3%-21.6%-27.0%
5 Year11.2%11.2%10.6%7.0%-18.2%-28.1%

Price Volatility Vs. Market

How volatile is Koszalinskie Przedsiebiorstwo Przemyslu Drzewnego Spólka Akcyjna's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Koszalinskie Przedsiebiorstwo Przemyslu Drzewnego Spólka Akcyjna undervalued compared to its fair value and its price relative to the market?

16.72x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: KPD (PLN31.8) is trading above our estimate of fair value (PLN0.12)

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


Price To Earnings Ratio

PE vs Industry: KPD is good value based on its PE Ratio (16.7x) compared to the Forestry industry average (17.5x).

PE vs Market: KPD is poor value based on its PE Ratio (16.7x) compared to the Polish market (10.7x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: KPD is good value based on its PB Ratio (0.6x) compared to the PL Forestry industry average (0.6x).


Next Steps

Future Growth

How is Koszalinskie Przedsiebiorstwo Przemyslu Drzewnego Spólka Akcyjna forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

5.5%

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 Koszalinskie Przedsiebiorstwo Przemyslu Drzewnego Spólka Akcyjna 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 Koszalinskie Przedsiebiorstwo Przemyslu Drzewnego Spólka Akcyjna performed over the past 5 years?

20.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: KPD has a large one-off gain of PLN1.0M impacting its December 31 2019 financial results.

Growing Profit Margin: KPD's current net profit margins (1%) are lower than last year (2.6%).


Past Earnings Growth Analysis

Earnings Trend: KPD's earnings have grown significantly by 20.6% per year over the past 5 years.

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

Earnings vs Industry: KPD had negative earnings growth (-61.3%) over the past year, making it difficult to compare to the Forestry industry average (-19.6%).


Return on Equity

High ROE: KPD's Return on Equity (3.6%) is considered low.


Next Steps

Financial Health

How is Koszalinskie Przedsiebiorstwo Przemyslu Drzewnego Spólka Akcyjna's financial position?


Financial Position Analysis

Short Term Liabilities: KPD's short term assets (PLN64.8M) exceed its short term liabilities (PLN49.8M).

Long Term Liabilities: KPD's short term assets (PLN64.8M) exceed its long term liabilities (PLN29.0M).


Debt to Equity History and Analysis

Debt Level: KPD's debt to equity ratio (46%) is considered high.

Reducing Debt: KPD's debt to equity ratio has increased from 45% to 46% over the past 5 years.

Debt Coverage: KPD's debt is well covered by operating cash flow (34.1%).

Interest Coverage: KPD's interest payments on its debt are well covered by EBIT (4x coverage).


Balance Sheet


Next Steps

Dividend

What is Koszalinskie Przedsiebiorstwo Przemyslu Drzewnego Spólka Akcyjna's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate KPD'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 KPD's dividends per share have been stable in the past.

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


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of KPD'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?

12.0yrs

Average management tenure


CEO

Marek Szumowicz-Wlodarczyk (59yo)

12yrs

Tenure

zł431,800

Compensation

Mr. Marek Szumowicz-Wlodarczyk has been the President of the Board of Management at Koszalinskie Przedsiebiorstwo Przemyslu Drzewnego SA since June 3, 2008 and serves as its General Director. Since 1984, M ...


CEO Compensation Analysis

Compensation vs Market: Marek's total compensation ($USD0.00) is below average for companies of similar size in the Polish market ($USD149.76K).

Compensation vs Earnings: Marek's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Marek Szumowicz-Wlodarczyk
President of the Management Board & General Director12yrszł431.80k0.28% PLN144.5k
Bozena Czerwinska-Lasak
Vice-President of the Management Board & Financial Director12.42yrszł346.40k0.0073% PLN3.8k
Zenon Wnuk
Secretary of the Supervisory Board & Member of Supervisory Boardno datazł70.80k0.022% PLN11.1k
Marek Grabiec
President no datano datano data
Eliza Stepniewska
Associate Technical Director & Member of the Management Boardno datano data0.013% PLN6.5k
Grzegorz Mania
Sales Director & & Member of the Management Board4.58yrszł27.10k0.00049% PLN252.8
Danuta Kotowska
Chief Accountant & Member of the Management Boardno datano datano data
Krzysztof Sienkiewicz
Director of Czaplinek Plantno datano datano data

12.0yrs

Average Tenure

57yo

Average Age

Experienced Management: KPD's management team is seasoned and experienced (12 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Zenon Wnuk
Secretary of the Supervisory Board & Member of Supervisory Boardno datazł70.80k0.022% PLN11.1k
Marek Jarmolinski
Member of the Supervisory Board4.58yrszł61.90kno data
Krzysztof Laczkowski
Independent Deputy Chairman of the Supervisory Board14.42yrszł73.40kno data
Tomasz Janczak
Independent Member of the Supervisory Boardno datazł24.20kno data
Michal Raj
Independent Chairman of the Supervisory Board12yrszł91.10kno data

12.0yrs

Average Tenure

65yo

Average Age

Experienced Board: KPD's board of directors are seasoned and experienced ( 12 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

Koszalinskie Przedsiebiorstwo Przemyslu Drzewnego Spólka Akcyjna's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Koszalinskie Przedsiebiorstwo Przemyslu Drzewnego Spólka Akcyjna
  • Ticker: KPD
  • Exchange: WSE
  • Founded:
  • Industry: Forest Products
  • Sector: Materials
  • Market Cap: zł51.592m
  • Shares outstanding: 1.62m
  • Website: https://www.kppd.pl

Location

  • Koszalinskie Przedsiebiorstwo Przemyslu Drzewnego Spólka Akcyjna
  • Ul. Warynskiego 2
  • Szczecinek
  • 78-400
  • Poland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
KPDWSE (Warsaw Stock Exchange)YesCommon Bearer SharesPLPLNOct 2008
0O4KLSE (London Stock Exchange)YesCommon Bearer SharesGBPLNOct 2008

Biography

Koszalinskie Przedsiebiorstwo Przemyslu Drzewnego Spólka Akcyjna produces and sells softwood timber products in Poland and internationally. It offers dried, edged, unedged, planed, impregnated, and rounded softwood timber; terrace boards, garden sleepers, and posts and square timber for gardens development; dried pine, construction, and hardwood timber; and pine cladding products. The company also provides softwood and hardwood glued boards; wood for fireplaces and briquettes; and spare parts for sawmill machines. It primarily serves building carpentry producers, furniture factories, commercial warehouses, producers of garden programs and glued goods, and carpentry and impregnation centers for railway sleepers. The company is based in Szczecinek, Poland. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/01 21:23
End of Day Share Price2020/06/01 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.