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Rocca Spólka Akcyjna

WSE:RCA
Snowflake Description

Adequate balance sheet with limited growth.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
RCA
WSE
PLN5M
Market Cap
  1. Home
  2. PL
  3. Materials
Company description

Rocca Spólka Akcyjna produces and sells stone products for public and residential buildings, and mounted and detached homes. The last earnings update was 137 days ago. More info.


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RCA Share Price and Events
Price Volatility
RCA
Industry
5yr Volatility vs Market

Value

 Is Rocca Spólka Akcyjna undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Rocca Spólka Akcyjna to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Rocca Spólka Akcyjna.

WSE:RCA Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 8.9%
Perpetual Growth Rate 10-Year PL Government Bond Rate 3.3%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for WSE:RCA
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year PL Govt Bond Rate 3.3%
Equity Risk Premium S&P Global 6.7%
Basic Materials Unlevered Beta Simply Wall St/ S&P Global 0.75
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.75 (1 + (1- 19%) (14.05%))
0.836
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.84
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 3.33% + (0.836 * 6.67%)
8.9%

Discounted Cash Flow Calculation for WSE:RCA using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Rocca Spólka Akcyjna is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.

WSE:RCA DCF 1st Stage: Next 5 year cash flow forecast
2018 2019 2020 2021 2022
Levered FCF (PLN, Millions) 0.07 0.06 0.05 0.05 0.04
Source Est @ -11.91% Est @ -11.91% Est @ -11.91% Est @ -11.91% Est @ -11.91%
Present Value
Discounted (@ 8.9%)
0.07 0.05 0.04 0.03 0.03
Present value of next 5 years cash flows PLN0.22
WSE:RCA DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2022 × (1 + g) ÷ (Discount Rate – g)
= PLN0.04 × (1 + 3.33%) ÷ (8.9% – 3.33%)
PLN0.79
Present Value of Terminal Value = Terminal Value ÷ (1 + r)5
= PLN0.79 ÷ (1 + 8.9%)5
PLN0.52
WSE:RCA Total Equity Value
Calculation Result
Total Equity Value = Present value of next 5 years cash flows + Terminal Value
= PLN0.22 + PLN0.52
PLN0.74
Equity Value per Share
(PLN)
= Total value / Shares Outstanding
= PLN0.74 / 10.35
PLN0.07
WSE:RCA Discount to Share Price
Calculation Result
Value per share (PLN) From above. PLN0.07
Current discount Discount to share price of PLN0.47
= -1 x (PLN0.47 - PLN0.07) / PLN0.07
-558.7%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Rocca Spólka Akcyjna is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Rocca Spólka Akcyjna's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Rocca Spólka Akcyjna's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
WSE:RCA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-03-31) in PLN PLN0.01
WSE:RCA Share Price ** WSE (2018-07-25) in PLN PLN0.47
Europe Basic Materials Industry PE Ratio Median Figure of 78 Publicly-Listed Basic Materials Companies 15.07x
Poland Market PE Ratio Median Figure of 498 Publicly-Listed Companies 11.93x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Rocca Spólka Akcyjna.

WSE:RCA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= WSE:RCA Share Price ÷ EPS (both in PLN)

= 0.47 ÷ 0.01

56.28x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Rocca Spólka Akcyjna is overvalued based on earnings compared to the Europe Basic Materials industry average.
  • Rocca Spólka Akcyjna is overvalued based on earnings compared to the Poland market.
Price based on expected Growth
Does Rocca Spólka Akcyjna's expected growth come at a high price?
Raw Data
WSE:RCA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 56.28x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
13.8%per year
Europe Basic Materials Industry PEG Ratio Median Figure of 68 Publicly-Listed Basic Materials Companies 1.27x
Poland Market PEG Ratio Median Figure of 97 Publicly-Listed Companies 1.21x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Rocca Spólka Akcyjna, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Rocca Spólka Akcyjna's assets?
Raw Data
WSE:RCA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-03-31) in PLN PLN0.14
WSE:RCA Share Price * WSE (2018-07-25) in PLN PLN0.47
Poland Basic Materials Industry PB Ratio Median Figure of 6 Publicly-Listed Basic Materials Companies 0.55x
Poland Market PB Ratio Median Figure of 730 Publicly-Listed Companies 1.11x
WSE:RCA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= WSE:RCA Share Price ÷ Book Value per Share (both in PLN)

= 0.47 ÷ 0.14

3.47x

* Primary Listing of Rocca Spólka Akcyjna.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Rocca Spólka Akcyjna is overvalued based on assets compared to the PL Basic Materials industry average.
X
Value checks
We assess Rocca Spólka Akcyjna's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Basic Materials industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Basic Materials industry average (and greater than 0)? (1 check)
  5. Rocca Spólka Akcyjna has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

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

  • No analysts cover Rocca Spólka Akcyjna, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
13.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Rocca Spólka Akcyjna expected to grow at an attractive rate?
  • Rocca Spólka Akcyjna's earnings growth is expected to exceed the low risk savings rate of 3.3%.
Growth vs Market Checks
  • Rocca Spólka Akcyjna's earnings growth is expected to exceed the Poland market average.
  • Unable to compare Rocca Spólka Akcyjna's revenue growth to the Poland market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
WSE:RCA Future Growth Rates Data Sources
Data Point Source Value (per year)
WSE:RCA Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 13.8%
Europe Basic Materials Industry Earnings Growth Rate Market Cap Weighted Average 18%
Europe Basic Materials Industry Revenue Growth Rate Market Cap Weighted Average 5.2%
Poland Market Earnings Growth Rate Market Cap Weighted Average 9.9%
Poland Market Revenue Growth Rate Market Cap Weighted Average 4.5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
WSE:RCA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in PLN Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
WSE:RCA Past Financials Data
Date (Data in PLN Millions) Revenue Cash Flow Net Income *
2018-03-31 0 0 0
2017-12-31 0 0 0
2017-09-30 0 0 0
2017-06-30 0 0
2017-03-31 0 0 0
2016-12-31 0 0 0
2016-09-30 0 0 0
2016-06-30 0 0
2016-03-31 0 -0 0
2015-12-31 0 -0 0
2015-09-30 0 0 0
2015-06-30 0 0 -0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Rocca Spólka Akcyjna's earnings are expected to grow by 13.8% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Rocca Spólka Akcyjna is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
WSE:RCA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Rocca Spólka Akcyjna Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

WSE:RCA Past Financials Data
Date (Data in PLN Millions) EPS *
2018-03-31 0.01
2017-12-31 0.00
2017-09-30 0.01
2017-06-30 0.01
2017-03-31 0.01
2016-12-31 0.01
2016-09-30 0.01
2016-06-30 0.00
2016-03-31 0.01
2015-12-31 0.01
2015-09-30 0.01
2015-06-30 -0.00

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Rocca Spólka Akcyjna will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Rocca Spólka Akcyjna's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Rocca Spólka Akcyjna has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Rocca Spólka Akcyjna performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Rocca Spólka Akcyjna's growth in the last year to its industry (Basic Materials).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Rocca Spólka Akcyjna has delivered over 20% year on year earnings growth in the past 5 years.
  • Rocca Spólka Akcyjna's 1-year earnings growth is less than its 5-year average (0.8% vs 49.9%)
  • Rocca Spólka Akcyjna's earnings growth has not exceeded the Europe Basic Materials industry average in the past year (0.8% vs 31%).
Earnings and Revenue History
Rocca Spólka Akcyjna's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Rocca Spólka Akcyjna Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

WSE:RCA Past Revenue, Cash Flow and Net Income Data
Date (Data in PLN Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-03-31 0.48 0.09 0.30
2017-12-31 0.48 0.05 0.33
2017-09-30 0.47 0.09 0.34
2017-06-30 0.47 0.07 0.35
2017-03-31 0.49 0.09 0.38
2016-12-31 0.49 0.10 0.36
2016-09-30 0.38 0.15 0.33
2016-06-30 0.26 0.04 0.32
2016-03-31 0.13 0.06 0.26
2015-12-31 0.12 0.12 0.24
2015-09-30 0.32 0.13 0.28
2015-06-30 0.49 -0.04 0.24
2015-03-31 0.63 -0.02 0.12
2014-12-31 0.68 -0.20 0.19
2014-09-30 0.67 -0.28 0.17
2014-06-30 0.69 -0.06 0.23
2014-03-31 0.62 -0.16 0.20
2013-12-31 0.61 -0.16 0.17
2013-09-30 0.63 -0.24 0.08
2013-06-30 0.66 -0.29
2013-03-31 0.70 -0.25
2012-12-31 0.68 -0.36
2012-09-30 0.63 -0.70 0.17
2012-06-30 0.62 -0.88 0.17
2012-03-31 0.64 -0.04 0.17
2011-12-31 0.56 -0.66 0.17
2011-09-30 0.70 -0.07

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Rocca Spólka Akcyjna has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Rocca Spólka Akcyjna used its assets less efficiently than the Europe Basic Materials industry average last year based on Return on Assets.
  • Rocca Spólka Akcyjna's use of capital has not improved over the past 3 years (Return on Capital Employed).
X
Past performance checks
We assess Rocca Spólka Akcyjna's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Basic Materials industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Rocca Spólka Akcyjna has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Rocca Spólka Akcyjna's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Rocca Spólka Akcyjna's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Rocca Spólka Akcyjna is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Rocca Spólka Akcyjna's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Rocca Spólka Akcyjna's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Rocca Spólka Akcyjna Company Filings, last reported 4 months ago.

WSE:RCA Past Debt and Equity Data
Date (Data in PLN Millions) Total Equity Total Debt Cash & Short Term Investments
2018-03-31 1.40 0.68 0.38
2017-12-31 1.34 0.68 0.31
2017-09-30 1.40 0.66 0.29
2017-06-30 1.34 0.66 0.26
2017-03-31 1.31 0.66 0.24
2016-12-31 1.29 0.66 0.21
2016-09-30 1.31 0.61 0.19
2016-06-30 1.27 0.61 0.17
2016-03-31 1.26 0.61 0.26
2015-12-31 1.19 0.61 0.19
2015-09-30 1.16 0.59 0.13
2015-06-30 1.18 0.59 0.13
2015-03-31 1.18 0.59 0.13
2014-12-31 1.08 0.59 0.02
2014-09-30 1.03 0.56 0.03
2014-06-30 1.27 0.57 0.03
2014-03-31 1.27 0.57 0.03
2013-12-31 1.28 0.56 0.02
2013-09-30 1.24 0.54 0.02
2013-06-30
2013-03-31
2012-12-31
2012-09-30
2012-06-30
2012-03-31
2011-12-31 1.88 0.49 0.02
2011-09-30
  • Rocca Spólka Akcyjna's level of debt (48.8%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (37.1% vs 48.8% today).
  • Debt is well covered by operating cash flow (32%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 4.3x coverage).
X
Financial health checks
We assess Rocca Spólka Akcyjna's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Rocca Spólka Akcyjna has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Rocca Spólka Akcyjna dividends.
If you bought PLN2,000 of Rocca Spólka Akcyjna shares you are expected to receive PLN0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Rocca Spólka Akcyjna's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Rocca Spólka Akcyjna's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
WSE:RCA Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Europe Basic Materials Industry Average Dividend Yield Market Cap Weighted Average of 78 Stocks 3%
Poland Market Average Dividend Yield Market Cap Weighted Average of 229 Stocks 3.5%
Poland Minimum Threshold Dividend Yield 10th Percentile 1.4%
Poland Bottom 25% Dividend Yield 25th Percentile 2.3%
Poland Top 25% Dividend Yield 75th Percentile 7.2%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Rocca Spólka Akcyjna has not reported any payouts.
  • Unable to verify if Rocca Spólka Akcyjna's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Rocca Spólka Akcyjna's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Rocca Spólka Akcyjna has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Rocca Spólka Akcyjna's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.4%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Rocca Spólka Akcyjna afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Rocca Spólka Akcyjna has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Boguslaw Pilat, image provided by Google.
Boguslaw Pilat
CEO Bio

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

CEO Compensation
  • Insufficient data for Boguslaw to compare compensation growth.
  • Insufficient data for Boguslaw to establish whether their compensation is reasonable for a company of this size and profit level.
Management Team

Boguslaw Pilat

TITLE
Chairman of Management Board
Board of Directors

Violetta Lesiniewska-Pilat

TITLE
Member of Supervisory Board

Magdalena Mosionek

TITLE
Member of Supervisory Board

Czeslaw Szczepaniak

TITLE
Member of Supervisory Board

Sebastian Lesiniewski

TITLE
Member of Supervisory Board

Krystyna Biernat

TITLE
Member of Supervisory Board
Recent Insider Trading
  • No 3 month insider trading information.
Who owns this company?
X
Management checks
We assess Rocca Spólka Akcyjna's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap and profit (greater than 0.5% of the company's profit + 0.03% of market cap)? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Rocca Spólka Akcyjna has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

External News
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Simply Wall St News

Are Rocca Spólka Akcyjna's (WSE:RCA) Interest Costs Too High?

Investors are always looking for growth in small-cap stocks like Rocca Spólka Akcyjna (WSE:RCA), with a market cap of zł4.86m. … However, an important fact which most ignore is: how financially healthy is the business? … I believe these basic checks tell most of the story you need to know.

Simply Wall St -

What You Must Know About Rocca Spólka Akcyjna's (WSE:RCA) Financial Strength

Rocca Spólka Akcyjna (WSE:RCA) is a small-cap stock with a market capitalization of zł5.17m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Evaluating financial health as part of your investment thesis is

Simply Wall St -

One Thing To Consider Before Buying Rocca Spólka Akcyjna (WSE:RCA)

Rocca Spólka Akcyjna’s beta of 0.98 indicates that the company is less volatile relative to the diversified market portfolio. … RCA’s beta indicates it is a stock that investors may find valuable if they want to reduce the overall market risk exposure of their stock portfolio. … An asset-heavy company tends to have a higher beta because the risk associated with running fixed assets during a downturn is highly expensive.

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With An ROE Of 6.30%, Has Rocca Spólka Akcyjna's (WSE:RCA) Management Done Well?

Check out our latest analysis for Rocca Spólka Akcyjna Breaking down ROE — the mother of all ratios Return on Equity (ROE) weighs Rocca Spólka Akcyjna’s profit against the level of its shareholders’ equity. … Return on Equity = Net Profit ÷ Shareholders Equity ROE is measured against cost of equity in order to determine the efficiency of Rocca Spólka Akcyjna’s equity capital deployed. … This is called the Dupont Formula: Dupont Formula ROE = profit margin × asset turnover × financial leverage ROE = (annual net profit ÷ sales) × (sales ÷ assets) × (assets ÷ shareholders’ equity) ROE = annual net profit ÷ shareholders’ equity WSE:RCA Last Perf May 9th 18 Basically, profit margin measures how much of revenue trickles down into earnings which illustrates how efficient the business is with its cost management.

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How Financially Strong Is Rocca Spólka Akcyjna (WSE:RCA)?

How does RCA’s operating cash flow stack up against its debt? … Additionally, RCA has generated ZŁ265.66K in operating cash flow during the same period of time, resulting in an operating cash to total debt ratio of 40.36%, signalling that RCA’s debt is appropriately covered by operating cash. … In RCA's case, the ratio of 2.78x suggests that interest is not strongly covered, which means that lenders may be more reluctant to lend out more funding as RCA’s low interest coverage already puts the company at higher risk of default.Next Steps: Although RCA’s debt level is towards the higher end of the spectrum, its cash flow coverage seems adequate to meet obligations which means its debt is being efficiently utilised.

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Rocca Spólka Akcyjna (WSE:RCA): Does The Earnings Decline Make It An Underperformer?

In this commentary, I will examine Rocca Spólka Akcyjna's (WSE:RCA) latest earnings update (30 September 2017) and compare these figures against its performance over the past couple of years, as well as how the rest of the basic materials industry performed. … View our latest analysis for Rocca Spólka Akcyjna Was RCA's weak performance lately a part of a long-term decline? … For Rocca Spólka Akcyjna, its latest trailing-twelve-month earnings is ZŁ87.98K, which compared to the previous year's level, has dropped by a significant -39.66%.

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Does Rocca Spólka Akcyjna's (WSE:RCA) PE Ratio Warrant A Sell?

It compares a stock’s price per share to the stock’s earnings per share. … Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for RCA Price per share = PLN0.5 Earnings per share = PLN0.009 ∴ Price-Earnings Ratio = PLN0.5 ÷ PLN0.009 = 58.8x On its own, the P/E ratio doesn’t tell you much; however, it becomes extremely useful when you compare it with other similar companies. … For example, if you inadvertently compared riskier firms with RCA, then investors would naturally value RCA at a higher price since it is a less risky investment.

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Company Info

Map
Description

Rocca Spólka Akcyjna produces and sells stone products for public and residential buildings, and mounted and detached homes. Its products include floors; window sills; floor and wall coverings; stairs and stair coverings; stone facades; kitchen countertops and bathroom counters; traditional and bio fireplaces; and benches and tables. The company is headquartered in Slubice, Poland.

Details
Name: Rocca Spólka Akcyjna
RCA
Exchange: WSE
Founded:
PLN4,862,150
10,345,000
Website: http://www.rocca.pl
Address: Rocca Spólka Akcyjna
ul. Osiedle Przemyslowe 21,
Slubice,
69-100,
Poland
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
WSE RCA Common Bearer Shares Warsaw Stock Exchange PL PLN 07. Oct 2008
Number of employees
Current staff
Staff numbers
0
Rocca Spólka Akcyjna employees.
Industry
Construction Materials
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2018/08/15 18:38
End of day share price update: 2018/07/25 00:00
Last earnings update: 2018/03/31
Last annual earnings update: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.