Executive Summary
MFO Spólka Akcyjna manufactures and sells steel profiles in Poland and internationally.
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet and good value.
Share Price & News
How has MFO Spólka Akcyjna's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MFO has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-0.9%
MFO
3.4%
PL Metals and Mining
-0.1%
PL Market
1 Year Return
16.6%
MFO
33.3%
PL Metals and Mining
-7.5%
PL Market
Return vs Industry: MFO underperformed the Polish Metals and Mining industry which returned 33.3% over the past year.
Return vs Market: MFO exceeded the Polish Market which returned -7.5% over the past year.
Shareholder returns
| MFO | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.9% | 3.4% | -0.1% |
| 30 Day | 6.9% | 25.4% | 2.0% |
| 90 Day | 15.3% | 59.8% | 18.9% |
| 1 Year | 16.6%16.6% | 35.7%33.3% | -6.3%-7.5% |
| 3 Year | -36.5%-40.3% | -19.6%-22.5% | -18.4%-23.3% |
| 5 Year | 86.5%73.2% | 33.3%25.0% | -6.9%-17.6% |
Price Volatility Vs. Market
How volatile is MFO Spólka Akcyjna's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Potential Upside For MFO Spólka Akcyjna (WSE:MFO) Not Without Risk1 month ago | Simply Wall St
Here's What We Think About MFO Spólka Akcyjna's (WSE:MFO) CEO Pay1 month ago | Simply Wall St
The MFO Spólka Akcyjna (WSE:MFO) Share Price Is Up 73% And Shareholders Are Holding OnValuation
Is MFO Spólka Akcyjna undervalued compared to its fair value and its price relative to the market?
24.9%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MFO (PLN21.8) is trading below our estimate of fair value (PLN29.02)
Significantly Below Fair Value: MFO is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MFO is good value based on its PE Ratio (5.6x) compared to the PL Metals and Mining industry average (9.6x).
PE vs Market: MFO is good value based on its PE Ratio (5.6x) compared to the Polish market (13.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MFO's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MFO's PB Ratio (0.9x) is in line with the PL Metals and Mining industry average.
Next Steps
Future Growth
How is MFO Spólka Akcyjna forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
6.3%
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 MFO 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
- Examine whether MFO Spólka Akcyjna is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- MFO Spólka Akcyjna 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 MFO Spólka Akcyjna performed over the past 5 years?
20.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MFO has high quality earnings.
Growing Profit Margin: MFO's current net profit margins (5.9%) are higher than last year (5.9%).
Past Earnings Growth Analysis
Earnings Trend: MFO's earnings have grown significantly by 20.4% per year over the past 5 years.
Accelerating Growth: MFO's earnings growth over the past year (1%) is below its 5-year average (20.4% per year).
Earnings vs Industry: MFO earnings growth over the past year (1%) exceeded the Metals and Mining industry -9.4%.
Return on Equity
High ROE: MFO's Return on Equity (15.3%) is considered low.
Next Steps
Financial Health
How is MFO Spólka Akcyjna's financial position?
Financial Position Analysis
Short Term Liabilities: MFO's short term assets (PLN167.4M) exceed its short term liabilities (PLN109.1M).
Long Term Liabilities: MFO's short term assets (PLN167.4M) exceed its long term liabilities (PLN37.6M).
Debt to Equity History and Analysis
Debt Level: MFO's debt to equity ratio (28.9%) is considered satisfactory.
Reducing Debt: MFO's debt to equity ratio has reduced from 29.5% to 28.9% over the past 5 years.
Debt Coverage: MFO's debt is well covered by operating cash flow (56.3%).
Interest Coverage: MFO's interest payments on its debt are well covered by EBIT (19.6x coverage).
Balance Sheet
Next Steps
Dividend
What is MFO Spólka Akcyjna current dividend yield, its reliability and sustainability?
3.85%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MFO's dividend (3.85%) is higher than the bottom 25% of dividend payers in the Polish market (1.72%).
High Dividend: MFO's dividend (3.85%) is low compared to the top 25% of dividend payers in the Polish market (5.88%).
Stability and Growth of Payments
Stable Dividend: MFO has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: MFO's dividend payments have increased, but the company has only paid a dividend for 5 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (21.6%), MFO's dividend payments are well covered by earnings.
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
How experienced are the management team and are they aligned to shareholders interests?
15.6yrs
Average management tenure
CEO
Tomasz Mirski
20.58yrs
Tenure
zł1,354,000
Compensation
Mr. Tomasz Mirski has been the President of Management Board at MFO Spólka Akcyjna since 2000. Mr. Mirski was a Proxy of the Management Board for Sales in ASCON Sp. z o.o. since 1999. He holds a Degree in ...
CEO Compensation Analysis
Compensation vs Market: Tomasz's total compensation ($USD363.69K) is above average for companies of similar size in the Polish market ($USD155.53K).
Compensation vs Earnings: Tomasz's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President of Management Board | 20.58yrs | zł1.35m | 31.86% PLN 45.9m | |
| CFO & Member of Management Board | 15.58yrs | zł1.34m | 0.15% PLN 214.2k | |
| Administrative Director & Member of Management Board | 7.58yrs | zł1.32m | 0.082% PLN 118.7k | |
| Chief Accountant | no data | no data | no data |
15.6yrs
Average Tenure
Experienced Management: MFO's management team is seasoned and experienced (15.6 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
MFO Spólka Akcyjna's company bio, employee growth, exchange listings and data sources
Key Information
- Name: MFO Spólka Akcyjna
- Ticker: MFO
- Exchange: WSE
- Founded:
- Industry: Steel
- Sector: Materials
- Market Cap: zł144.043m
- Shares outstanding: 6.61m
- Website: https://www.mfo.pl
Location
- MFO Spólka Akcyjna
- Kozuszki Parcel 70 A
- Sochaczew
- Poland
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| MFO | WSE (Warsaw Stock Exchange) | Yes | Common Bearer Shares | PL | PLN | Jan 2014 |
| 0QJN | LSE (London Stock Exchange) | Yes | Common Bearer Shares | GB | PLN | Jan 2014 |
Biography
MFO Spólka Akcyjna manufactures and sells steel profiles in Poland and internationally. Its products are used in uPVC windows, roller shutters, drywall framing profiles, installations, ventilation and air ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/08/06 22:35 |
| End of Day Share Price | 2020/08/06 00:00 |
| Earnings | 2020/03/31 |
| 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.