WSE:MFO

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MFO Spólka Akcyjna

Executive Summary

MFO Spólka Akcyjna manufactures and sells steel profiles in Poland and internationally.


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

MFOIndustryMarket
7 Day-0.9%3.4%-0.1%
30 Day6.9%25.4%2.0%
90 Day15.3%59.8%18.9%
1 Year16.6%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 Year86.5%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

Valuation

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

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

NamePositionTenureCompensationOwnership
Tomasz Mirski
President of Management Board20.58yrszł1.35m31.86%
PLN 45.9m
Jakub Czerwinski
CFO & Member of Management Board15.58yrszł1.34m0.15%
PLN 214.2k
Adam Piekutowski
Administrative Director & Member of Management Board7.58yrszł1.32m0.082%
PLN 118.7k
Danuta Dabrowska
Chief Accountantno datano datano 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MFOWSE (Warsaw Stock Exchange)YesCommon Bearer SharesPLPLNJan 2014
0QJNLSE (London Stock Exchange)YesCommon Bearer SharesGBPLNJan 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/06 22:35
End of Day Share Price2020/08/06 00:00
Earnings2020/03/31
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.