WSE:RCA

Stock Analysis Report

Executive Summary

Rocca SA manufactures and sells construction materials for buildings.

Rewards

Earnings grew by 328.6% over the past year

Risk Analysis

Makes less than USD$1m in revenue (PLN1M)

Does not have a meaningful market cap (PLN4M)

Has a high level of debt

Large one-off items impacting financial results



Snowflake Analysis

Proven track record with adequate balance sheet.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: RCA has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-4.4%

RCA

1.2%

PL Basic Materials

1.2%

PL Market


1 Year Return

n/a

RCA

-32.2%

PL Basic Materials

-7.1%

PL Market

Return vs Industry: Insufficient data to determine how RCA performed against the Polish Basic Materials industry.

Return vs Market: Insufficient data to determine how RCA performed against the Polish Market.


Shareholder returns

RCAIndustryMarket
7 Day-4.4%1.2%1.2%
30 Day-4.4%-7.5%-3.5%
90 Dayn/a6.2%-2.8%
1 Yearn/a-30.7%-32.2%-4.3%-7.1%
3 Year-14.0%-14.0%-10.3%-18.1%5.8%-2.0%
5 Year-42.7%-42.7%-26.5%-34.5%3.3%-9.6%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Rocca undervalued compared to its fair value and its price relative to the market?

56.89x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: RCA (PLN0.43) is trading above our estimate of fair value (PLN0.11)

Significantly Below Fair Value: RCA is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: RCA is poor value based on its PE Ratio (56.9x) compared to the Basic Materials industry average (13.1x).

PE vs Market: RCA is poor value based on its PE Ratio (56.9x) compared to the Polish market (10.9x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: RCA is overvalued based on its PB Ratio (3x) compared to the PL Basic Materials industry average (1.1x).


Next Steps

Future Growth

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

9.5%

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 Rocca 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 Rocca performed over the past 5 years?

31.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RCA has a large one-off gain of PLN180.0K impacting its September 30 2019 financial results.

Growing Profit Margin: RCA's current net profit margins (7.3%) are higher than last year (2.3%).


Past Earnings Growth Analysis

Earnings Trend: RCA has become profitable over the past 5 years, growing earnings by 31.1% per year.

Accelerating Growth: RCA's earnings growth over the past year (328.6%) exceeds its 5-year average (31.1% per year).

Earnings vs Industry: RCA earnings growth over the past year (328.6%) exceeded the Basic Materials industry 24.5%.


Return on Equity

High ROE: RCA's Return on Equity (5.2%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Rocca's financial position?


Financial Position Analysis

Short Term Liabilities: RCA's short term assets (PLN1.1M) exceed its short term liabilities (PLN538.4K).

Long Term Liabilities: RCA's short term assets (PLN1.1M) exceed its long term liabilities (PLN710.3K).


Debt to Equity History and Analysis

Debt Level: RCA's debt to equity ratio (47.6%) is considered high.

Reducing Debt: RCA's debt to equity ratio has reduced from 54.7% to 47.6% over the past 5 years.

Debt Coverage: RCA's debt is well covered by operating cash flow (37.5%).

Interest Coverage: Insufficient data to determine if RCA's interest payments on its debt are well covered by EBIT.


Balance Sheet

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

Debt Coverage by Assets: RCA's debt is covered by short term assets (assets are 1.5x debt).


Next Steps

Dividend

What is Rocca's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.6%markettop25%7.2%industryaverage2.8%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if RCA's dividends per share have been stable in the past.

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of RCA'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 Rocca's salary, the management and board of directors tenure and is there insider trading?


CEO

Boguslaw Pilat 0

0yrs

Tenure

0

Mr. Boguslaw Pilat serves as the Chairman of Management Board at Rocca Spólka Akcyjna. 


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

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Management Team

  • Boguslaw Pilat

    Chairman of Management Board

    • Tenure: 0yrs

Board Members

  • Violetta Lesiniewska-Pilat

    Member of Supervisory Board

    • Tenure: 0yrs
  • Magdalena Mosionek

    Member of Supervisory Board

    • Tenure: 0yrs
  • Czeslaw Szczepaniak

    Member of Supervisory Board

    • Tenure: 0yrs
  • Sebastian Lesiniewski

    Member of Supervisory Board

    • Tenure: 0yrs
  • Krystyna Biernat

    Member of Supervisory Board

    • Tenure: 0yrs

Company Information

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


Key Information

  • Name: Rocca S.A.
  • Ticker: RCA
  • Exchange: WSE
  • Founded:
  • Industry: Construction Materials
  • Sector: Materials
  • Market Cap: zł4.448m
  • Shares outstanding: 10.35m
  • Website: https://rocca.pl

Location

  • Rocca S.A.
  • ul. Osiedle Przemyslowe 21
  • Slubice
  • 69-100
  • Poland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RCAWSE (Warsaw Stock Exchange)YesCommon Bearer SharesPLPLNOct 2008

Biography

Rocca SA manufactures and sells construction materials for buildings. The company is based in Slubice, Poland. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/12/14 21:05
End of Day Share Price2019/12/13 00:00
Earnings2019/09/30
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.