WSE:MEG

Stock Analysis Report

MEGARON Spólka Akcyjna

Executive Summary

MEGARON Spólka Akcyjna produces and sells mineral mixtures in Poland and internationally.

Snowflake

Fundamentals

Proven track record and fair value.

Share Price & News

How has MEGARON Spólka Akcyjna's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

MEG

-5.5%

PL Basic Materials

-1.6%

PL Market


1 Year Return

n/a

MEG

19.5%

PL Basic Materials

1.0%

PL Market

Return vs Industry: Insufficient data to determine how MEG performed against the Polish Basic Materials industry.

Return vs Market: Insufficient data to determine how MEG performed against the Polish Market.


Shareholder returns

MEGIndustryMarket
7 Day0%-5.5%-1.6%
30 Day42.9%5.3%2.0%
90 Day-4.2%10.5%3.2%
1 Yearn/a23.2%19.5%4.2%1.0%
3 Year11.4%-12.1%-8.9%-16.5%15.4%7.0%
5 Year-5.8%-36.5%-30.5%-37.9%2.9%-9.7%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is MEGARON Spólka Akcyjna undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: MEG (PLN11.5) is trading below our estimate of fair value (PLN127.65)

Significantly Below Fair Value: MEG is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: MEG is good value based on its PE Ratio (13x) compared to the Basic Materials industry average (12.7x).

PE vs Market: MEG is poor value based on its PE Ratio (13x) compared to the Polish market (10.4x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: MEG is overvalued based on its PB Ratio (1.8x) compared to the PL Basic Materials industry average (0.5x).


Next Steps

Future Growth

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

10.5%

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 MEGARON 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 MEGARON Spólka Akcyjna performed over the past 5 years?

-15.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MEG has high quality earnings.

Growing Profit Margin: MEG's current net profit margins (5.4%) are higher than last year (2.4%).


Past Earnings Growth Analysis

Earnings Trend: MEG's earnings have declined by -15.9% per year over the past 5 years.

Accelerating Growth: MEG's earnings growth over the past year (122.3%) exceeds its 5-year average (-15.9% per year).

Earnings vs Industry: MEG earnings growth over the past year (122.3%) exceeded the Basic Materials industry 20.6%.


Return on Equity

High ROE: MEG's Return on Equity (14.1%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is MEGARON Spólka Akcyjna's financial position?


Financial Position Analysis

Short Term Liabilities: MEG's short term assets (PLN11.3M) do not cover its short term liabilities (PLN16.9M)

Long Term Liabilities: MEG's short term assets (PLN11.3M) exceeds its long term liabilities (6.2M)


Debt to Equity History and Analysis

Debt Level: MEG's debt to equity ratio (55.1%) is considered high.

Reducing Debt: Insufficient data to determine if MEG's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: MEG's debt is well covered by operating cash flow (108%).

Interest Coverage: MEG's interest payments on its debt are well covered by EBIT (21.7x coverage).


Balance Sheet

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

Debt Coverage by Assets: MEG's debt is covered by short term assets (assets are 1.2x debt).


Next Steps

Dividend

What is MEGARON Spólka Akcyjna's current dividend yield, its reliability and sustainability?

8.26%

Current Dividend Yield


Dividend Yield vs Market

company8.3%marketbottom25%2.7%markettop25%7.3%industryaverage2.9%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: MEG's dividend (8.26%) is higher than the bottom 25% of dividend payers in the Polish market (2.65%).

High Dividend: MEG's dividend (8.26%) is in the top 25% of dividend payers in the Polish market (7.3%)


Stability and Growth of Payments

Stable Dividend: MEG has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: MEG has only been paying a dividend for 8 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: Unable to calculate sustainability of dividends as MEG has not reported any payouts.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

11.8yrs

Average board tenure


CEO

Piotr Sikora 0

0yrs

Tenure

0

Mr. Piotr Andrzej Sikora serves as the President of the Management Board at MEGARON Spolka Akcyjna. 


Board Age and Tenure

11.8yrs

Average Tenure

Experienced Board: MEG's board of directors are seasoned and experienced ( 11.8 years average tenure).


Insider Trading

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.


Management Team

  • Piotr Sikora

    President of the Management Board

    • Tenure: 0yrs
  • Arkadiusz Mielczarek

    Secretary of the Supervisory Board

    • Tenure: 0yrs
  • Jacek Zieziulewicz

    Vice-President of the Management Board

    • Tenure: 4.7yrs

Board Members

  • Mariusz Adamowicz

    Chairman of the Supervisory Board

    • Tenure: 11.8yrs
  • Mieszko Parszewski

    Member of the Supervisory Board

    • Tenure: 11.8yrs
  • Arkadiusz Mielczarek

    Secretary of the Supervisory Board

    • Tenure: 0yrs
  • Mariusz Sikora

    Member of the Supervisory Board

    • Tenure: 0yrs
  • Mieczyslaw Zywotko

    Member of the Supervisory Board

    • Tenure: 3.8yrs

Company Information

MEGARON Spólka Akcyjna's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: MEGARON Spólka Akcyjna
  • Ticker: MEG
  • Exchange: WSE
  • Founded:
  • Industry: Construction Materials
  • Sector: Materials
  • Market Cap: zł31.050m
  • Shares outstanding: 2.70m
  • Website: https://www.megaron.com.pl

Location

  • MEGARON Spólka Akcyjna
  • ul. Pyrzycka 3 e, f
  • Szczecin
  • 70-892
  • Poland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MEGWSE (Warsaw Stock Exchange)YesCommon Bearer SharesPLPLNMay 2011
0Q3SLSE (London Stock Exchange)YesCommon Bearer SharesGBPLNMay 2011

Biography

MEGARON Spólka Akcyjna produces and sells mineral mixtures in Poland and internationally. The company offers gypsum plasters, gypsum finishes, reinforced gypsum, mounting adhesives, and french gypsum. It s ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/19 21:12
End of Day Share Price2019/11/07 00:00
Earnings2019/06/30
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.