WSE:PGO

Stock Analysis Report

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Executive Summary

PGO S.A., together with its subsidiaries, designs, manufactures, and sells castings and forgings in Poland and internationally. More Details


Snowflake Analysis

Flawless balance sheet and fair value.

Share Price & News

How has PGO's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: PGO is not significantly more volatile than the rest of Polish stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: PGO's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

-6.0%

PGO

-5.4%

PL Metals and Mining

-3.0%

PL Market


1 Year Return

7.7%

PGO

73.5%

PL Metals and Mining

-0.3%

PL Market

Return vs Industry: PGO underperformed the Polish Metals and Mining industry which returned 74.2% over the past year.

Return vs Market: PGO exceeded the Polish Market which returned -0.4% over the past year.


Shareholder returns

PGOIndustryMarket
7 Day-6.0%-5.4%-3.0%
30 Day0%6.8%2.7%
90 Day32.2%47.5%16.8%
1 Year7.7%7.7%75.1%73.5%0.7%-0.3%
3 Year-73.3%-73.3%17.5%13.0%-13.3%-18.5%
5 Year-74.1%-75.7%195.1%172.3%26.2%11.9%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is PGO 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: PGO (PLN1.34) is trading below our estimate of fair value (PLN27.32)

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


Price To Earnings Ratio

PE vs Industry: PGO is poor value based on its PE Ratio (14.7x) compared to the PL Metals and Mining industry average (11.3x).

PE vs Market: PGO is poor value based on its PE Ratio (14.7x) compared to the Polish market (13.8x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: PGO is good value based on its PB Ratio (0.4x) compared to the PL Metals and Mining industry average (1.1x).


Next Steps

Future Growth

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

25.2%

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 PGO 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 PGO performed over the past 5 years?

-19.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PGO has high quality earnings.

Growing Profit Margin: PGO's current net profit margins (2.9%) are lower than last year (3.5%).


Past Earnings Growth Analysis

Earnings Trend: PGO's earnings have declined by 19.1% per year over the past 5 years.

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

Earnings vs Industry: PGO had negative earnings growth (-37.7%) over the past year, making it difficult to compare to the Metals and Mining industry average (-3.8%).


Return on Equity

High ROE: PGO's Return on Equity (3%) is considered low.


Next Steps

Financial Health

How is PGO's financial position?


Financial Position Analysis

Short Term Liabilities: PGO's short term assets (PLN121.1M) exceed its short term liabilities (PLN69.8M).

Long Term Liabilities: PGO's short term assets (PLN121.1M) exceed its long term liabilities (PLN46.8M).


Debt to Equity History and Analysis

Debt Level: PGO's debt to equity ratio (5.5%) is considered satisfactory.

Reducing Debt: PGO's debt to equity ratio has reduced from 26.6% to 5.5% over the past 5 years.

Debt Coverage: PGO's debt is well covered by operating cash flow (503.2%).

Interest Coverage: PGO's interest payments on its debt are well covered by EBIT (5.6x coverage).


Balance Sheet


Next Steps

Dividend

What is PGO current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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


CEO

Lukasz Petrus

no data

Tenure

Mr. Lukasz Petrus serves as Chairman of the Management Board at PGO S.A. (Formerly, Polska Grupa Odlewnicza Spólka Akcyjna). In 2005-2012 he was associated with Timken Polska Sp. z o. o. where he implement...


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

PGO S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: PGO S.A.
  • Ticker: PGO
  • Exchange: WSE
  • Founded:
  • Industry: Steel
  • Sector: Materials
  • Market Cap: zł128.561m
  • Shares outstanding: 96.30m
  • Website: https://pgosa.pl

Number of Employees


Location

  • PGO S.A.
  • Tysiaclecia 101
  • Katowice
  • 40-875
  • Poland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PGOWSE (Warsaw Stock Exchange)YesCommon Bearer SharesPLPLNOct 2011
0Q6ELSE (London Stock Exchange)YesCommon Bearer SharesGBPLNOct 2011

Biography

PGO S.A., together with its subsidiaries, designs, manufactures, and sells castings and forgings in Poland and internationally. The company offers gray, ductile and alloy iron castings for various industri...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/16 18:12
End of Day Share Price2021/01/15 00:00
Earnings2020/09/30
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.