Executive Summary
PCC Exol S.A. manufactures and distributes surfactants in Poland and internationally. More Details
Snowflake Analysis
Solid track record with adequate balance sheet.
Share Price & News
How has PCC Exol's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PCX is not significantly more volatile than the rest of Polish stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: PCX's weekly volatility has decreased from 18% to 11% over the past year.
Market Performance
7 Day Return
-1.7%
PCX
2.0%
PL Chemicals
-0.9%
PL Market
1 Year Return
57.1%
PCX
9.6%
PL Chemicals
0.4%
PL Market
Return vs Industry: PCX exceeded the Polish Chemicals industry which returned 8.2% over the past year.
Return vs Market: PCX exceeded the Polish Market which returned 0.3% over the past year.
Shareholder returns
| PCX | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.7% | 2.0% | -0.9% |
| 30 Day | 3.0% | 10.8% | 2.5% |
| 90 Day | -25.2% | 17.9% | 16.0% |
| 1 Year | 59.9%57.1% | 11.7%9.6% | 1.3%0.4% |
| 3 Year | 123.2%96.6% | -34.6%-40.9% | -13.3%-18.6% |
| 5 Year | 94.6%56.4% | -45.0%-52.0% | 21.6%7.8% |
Long-Term Price Volatility Vs. Market
How volatile is PCC Exol's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
PCC Exol (WSE:PCX) Seems To Use Debt Quite Sensibly4 weeks ago | Simply Wall St
Is PCC Exol S.A. (WSE:PCX) The Right Choice For A Smart Dividend Investor?1 month ago | Simply Wall St
Estimating The Intrinsic Value Of PCC Exol S.A. (WSE:PCX)Valuation
Is PCC Exol undervalued compared to its fair value and its price relative to the market?
16.79x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: PCX (PLN3.44) is trading above our estimate of fair value (PLN2.88)
Significantly Below Fair Value: PCX is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PCX is poor value based on its PE Ratio (16.8x) compared to the PL Chemicals industry average (15.6x).
PE vs Market: PCX is poor value based on its PE Ratio (16.8x) compared to the Polish market (13.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PCX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PCX is overvalued based on its PB Ratio (2x) compared to the PL Chemicals industry average (0.9x).
Next Steps
Future Growth
How is PCC Exol forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
19.8%
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 PCC Exol 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
- Check out PCC Exol's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- PCC Exol 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 PCC Exol performed over the past 5 years?
15.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PCX has high quality earnings.
Growing Profit Margin: PCX's current net profit margins (5.6%) are higher than last year (4.3%).
Past Earnings Growth Analysis
Earnings Trend: PCX's earnings have grown by 15.2% per year over the past 5 years.
Accelerating Growth: PCX's earnings growth over the past year (31.2%) exceeds its 5-year average (15.2% per year).
Earnings vs Industry: PCX earnings growth over the past year (31.2%) exceeded the Chemicals industry -1.4%.
Return on Equity
High ROE: PCX's Return on Equity (12.2%) is considered low.
Next Steps
Financial Health
How is PCC Exol's financial position?
Financial Position Analysis
Short Term Liabilities: PCX's short term assets (PLN186.9M) exceed its short term liabilities (PLN131.3M).
Long Term Liabilities: PCX's short term assets (PLN186.9M) do not cover its long term liabilities (PLN203.9M).
Debt to Equity History and Analysis
Debt Level: PCX's debt to equity ratio (75.7%) is considered high.
Reducing Debt: PCX's debt to equity ratio has reduced from 84.7% to 75.7% over the past 5 years.
Debt Coverage: PCX's debt is well covered by operating cash flow (25.2%).
Interest Coverage: PCX's interest payments on its debt are well covered by EBIT (5.8x coverage).
Balance Sheet
Next Steps
Dividend
What is PCC Exol current dividend yield, its reliability and sustainability?
1.45%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PCX's dividend (1.45%) isn’t notable compared to the bottom 25% of dividend payers in the Polish market (1.58%).
High Dividend: PCX's dividend (1.45%) is low compared to the top 25% of dividend payers in the Polish market (5.13%).
Stability and Growth of Payments
Stable Dividend: PCX has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: PCX's dividend payments have increased, but the company has only paid a dividend for 7 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (24.4%), PCX'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?
3.0yrs
Average board tenure
CEO
Miroslaw Siwirski
no data
Tenure
zł4,156,000
Compensation
Mr. Miroslaw Siwirski serves as the President of the Management Board of PCC Exol Spólka Akcyjna and has been its Commercial Director and Member of the Management Board since April 2013. From 1995 to 2003,...
CEO Compensation Analysis
Compensation vs Market: Miroslaw's total compensation ($USD1.11M) is above average for companies of similar size in the Polish market ($USD261.31K).
Compensation vs Earnings: Miroslaw's compensation has increased by more than 20% in the past year.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Member of the Supervisory Board | 8.67yrs | no data | no data | |
| Chairman of the Supervisory Board | 3yrs | no data | no data | |
| Vice Chairman of the Supervisory Board | no data | no data | 1.68% PLN 10.0m | |
| Member of the Supervisory Board | 3yrs | zł66.00k | no data | |
| Member of the Supervisory Board | 3yrs | zł68.00k | no data |
3.0yrs
Average Tenure
Experienced Board: PCX's board of directors are considered experienced (3 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
PCC Exol S.A.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: PCC Exol S.A.
- Ticker: PCX
- Exchange: WSE
- Founded: NaN
- Industry: Commodity Chemicals
- Sector: Materials
- Market Cap: zł592.188m
- Shares outstanding: 172.65m
- Website: https://www.pcc-exol.eu
Number of Employees
Location
- PCC Exol S.A.
- ul. Sienkiewicza 4
- Brzeg Dolny
- 56-120
- Poland
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| PCX | WSE (Warsaw Stock Exchange) | Yes | Bearer Shares | PL | PLN | Sep 2012 |
| 0QA2 | LSE (London Stock Exchange) | Yes | Bearer Shares | GB | PLN | Sep 2012 |
Biography
PCC Exol S.A. manufactures and distributes surfactants in Poland and internationally. The company provides anionic and nonionic surfactants. It primarily serves household and industrial chemical, textile, ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/22 18:06 |
| End of Day Share Price | 2021/01/22 00:00 |
| Earnings | 2020/09/30 |
| 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.