WSE:PGO

Stock Analysis Report

Polska Grupa Odlewnicza Spólka Akcyjna

Executive Summary

Polska Grupa Odlewnicza Spólka Akcyjna, through its subsidiaries, designs, manufactures, and sells castings and forgings in Poland and internationally.

Snowflake

Fundamentals

Flawless balance sheet and good value.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-14.2%

PGO

2.3%

PL Metals and Mining

1.9%

PL Market


1 Year Return

-60.2%

PGO

-24.7%

PL Metals and Mining

0.2%

PL Market

Return vs Industry: PGO underperformed the Polish Metals and Mining industry which returned -24.7% over the past year.

Return vs Market: PGO underperformed the Polish Market which returned 0.2% over the past year.


Shareholder returns

PGOIndustryMarket
7 Day-14.2%2.3%1.9%
30 Day-18.6%-3.3%0.5%
90 Day-33.6%-19.3%-5.7%
1 Year-60.2%-60.2%-22.7%-24.7%3.3%0.2%
3 Year-80.8%-82.0%-18.5%-22.7%12.3%4.3%
5 Year-78.0%-79.4%-26.1%-31.8%0.2%-12.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Polska Grupa Odlewnicza 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: PGO (PLN1.12) is trading below our estimate of fair value (PLN6.3)

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 (8.2x) compared to the Metals and Mining industry average (6.3x).

PE vs Market: PGO is good value based on its PE Ratio (8.2x) compared to the Polish market (10.1x).


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 (0.7x).


Next Steps

Future Growth

How is Polska Grupa Odlewnicza Spólka Akcyjna forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

13.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PGO's forecast earnings growth (13.7% per year) is above the savings rate (2.9%).

Earnings vs Market: PGO's earnings (13.7% per year) are forecast to grow faster than the Polish market (10.6% per year).

High Growth Earnings: PGO's earnings are forecast to grow, but not significantly.

Revenue vs Market: PGO's revenue (4.8% per year) is forecast to grow slower than the Polish market (5.8% per year).

High Growth Revenue: PGO's revenue (4.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if PGO's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Polska Grupa Odlewnicza Spólka Akcyjna performed over the past 5 years?

-11.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: PGO's earnings have declined by -11.9% 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 (-35.3%) over the past year, making it difficult to compare to the Metals and Mining industry average (-24.2%).


Return on Equity

High ROE: PGO's Return on Equity (4.7%) is considered low.


Return on Assets

ROA vs Industry: PGO's Return on Assets is below or equal to the Metals and Mining industry average last year.


Return on Capital Employed

ROCE Improving: PGO's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Polska Grupa Odlewnicza Spólka Akcyjna's financial position?


Financial Position Analysis

Short Term Liabilities: PGO's short term assets (PLN176.6M) exceeds its short term liabilities (PLN148.0M)

Long Term Liabilities: PGO's short term assets (176.6M) exceeds its long term liabilities (33.5M)


Debt to Equity History and Analysis

Debt Level: PGO's debt to equity ratio (30.7%) is considered satisfactory

Reducing Debt: PGO's debt to equity ratio has reduced from 31.3% to 30.7% over the past 5 years.

Debt Coverage: PGO's debt is well covered by operating cash flow (57.8%).

Interest Coverage: PGO's interest payments on its debt are well covered by EBIT (11.4x coverage).


Balance Sheet

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

Debt Coverage by Assets: PGO's debt is covered by short term assets (assets are 2.1x debt).


Next Steps

Dividend

What is Polska Grupa Odlewnicza Spólka Akcyjna's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%2.7%markettop25%7.2%industryaverage7.4%forecastin3Years0%

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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

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

5.3yrs

Average board tenure


CEO

Lukasz Petrus 0

0yrs

Tenure

0

Lukasz Petrus serves as Chairman of the Management Board at Polska Grupa Odlewnicza Spólka Akcyjna. 


Board Age and Tenure

5.3yrs

Average Tenure

Experienced Board: PGO's board of directors are considered experienced (5.3 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


Management Team

  • Ireneusz Kazimierski (42yo)

    Vice President of Management Board

    • Tenure: 0yrs
  • Adam Klyszcz

    Human Resource Director

    • Tenure: 0yrs
  • Andrzej Bulanowski

    Vice President of Management Board

    • Tenure: 0yrs
  • Lukasz Petrus

    Chairman of the Board

    • Tenure: 0yrs
  • Lucjan Augustyn

    Vice President of Management Board

    • Tenure: 0yrs

Board Members

  • Jacek Osowski

    Member of the Supervisory Board

    • Tenure: 5.3yrs
    • Compensation: zł2.00k
  • Beata Zawiszowska

    Member of the Supervisory Board

    • Tenure: 0yrs
    • Compensation: zł2.00k
  • Tomasz Domogala

    Chairman of the Supervisory Board

    • Tenure: 5.3yrs
  • Czeslaw Kisiel

    Vice Chairman of the Supervisory Board

    • Tenure: 0yrs
  • Wojciech Gelner

    Member of the Supervisory Board

    • Tenure: 5.3yrs
    • Compensation: zł2.00k
  • Tomasz Kruk

    Member of the Supervisory Board

    • Tenure: 0yrs
  • Jacek Krysinski

    Member of the Supervisory Board

    • Tenure: 0yrs
    • Compensation: zł5.00k
  • Michal Nowak

    Member of the Supervisory Board

    • Tenure: 2yrs
    • Compensation: zł5.00k
  • Dorota Wyjadlowska

    Member of Supervisory Board

    • Tenure: 0yrs
    • Compensation: zł9.00k

Company Information

Polska Grupa Odlewnicza Spólka Akcyjna's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Polska Grupa Odlewnicza Spólka Akcyjna
  • Ticker: PGO
  • Exchange: WSE
  • Founded:
  • Industry: Steel
  • Sector: Materials
  • Market Cap: zł107.375m
  • Shares outstanding: 96.30m
  • Website: https://www.pgo-sa.com.pl

Location

  • Polska Grupa Odlewnicza Spólka Akcyjna
  • 41 Armii Krajowej Street
  • Katowice
  • 40-698
  • Poland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PGOWSE (Warsaw Stock Exchange)YesCommon Bearer SharesPLPLNOct 2011

Biography

Polska Grupa Odlewnicza Spólka Akcyjna, through its subsidiaries, designs, manufactures, and sells castings and forgings in Poland and internationally. The company offers iron castings for use as brake dru ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/23 21:18
End of Day Share Price2019/10/23 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.