Zaklady Magnezytowe Ropczyce
Zaklady Magnezytowe Ropczyce S.A. manufactures and sells basic and aluminosilicate refractory materials in Poland and internationally. The last earnings update was 89 days ago. More info.
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RPC Share Price and Events
7 Day Returns
1 Year Returns
RPC Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Zaklady Magnezytowe Ropczyce (RPC) | 1.6% | -0.6% | -1.9% | 23.8% | 51.7% | 25.1% |
| PL Basic Materials | 0.5% | -1.7% | -3.4% | -5.2% | 4.8% | -31.2% |
| PL Market | 0.6% | 4.2% | 7.7% | -13.6% | 25.3% | -1% |
1 Year Return vs Industry and Market
- RPC outperformed the Basic Materials industry which returned -5.2% over the past year.
- RPC outperformed the Market in Poland which returned -13.6% over the past year.
RPC Value
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
Zaklady Magnezytowe Ropczyce
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.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Zaklady Magnezytowe Ropczyce.
| 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 | 16% |
| Perpetual Growth Rate | 10-Year PL Government Bond Rate | 2.9% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year PL Govt Bond Rate | 2.9% |
| Equity Risk Premium | S&P Global | 7.2% |
| Basic Materials Unlevered Beta | Simply Wall St/ S&P Global | 1.15 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.147 (1 + (1- 19%) (74.4%)) |
1.838 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
1.84 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.85% + (1.838 * 7.15%) |
15.99% |
Discounted Cash Flow Calculation for WSE:RPC using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for Zaklady Magnezytowe Ropczyce 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.
| 2019 | 2020 | 2021 | 2022 | 2023 | |
| Levered FCF (PLN, Millions) | 3.96 | 4.28 | 4.63 | 5.01 | 5.42 |
| Source | Est @ 8.17% | Est @ 8.17% | Est @ 8.17% | Est @ 8.17% | Est @ 8.17% |
|
Present Value Discounted (@ 15.99%) |
3.41 | 3.18 | 2.97 | 2.77 | 2.58 |
| Present value of next 5 years cash flows | PLN14.90 |
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2023
× (1 + g) ÷ (Discount Rate – g)
= PLN5.42 × (1 + 2.85%) ÷ (15.99% – 2.85%) |
PLN42.38 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)5
= PLN42.38 ÷ (1 + 15.99%)5 |
PLN20.18 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 5 years cash flows +
Terminal Value
= PLN14.90 + PLN20.18 |
PLN35.08 |
| Equity Value per Share (PLN) |
= Total value / Shares Outstanding
= PLN35.08 / 4.35 |
PLN8.06 |
| Calculation | Result | |
|---|---|---|
| Value per share (PLN) | From above. | PLN8.06 |
| Current discount | Discount to share price of
PLN31.70
= -1 x (PLN31.70 - PLN8.06) / PLN8.06 |
-293.3% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
- The current share price of Zaklady Magnezytowe Ropczyce is above its future cash flow value.
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 Zaklady Magnezytowe Ropczyce's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Zaklady Magnezytowe Ropczyce's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-09-30) in PLN | PLN3.83 |
| WSE:RPC Share Price ** | WSE (2019-01-23) in PLN | PLN31.7 |
| Poland Basic Materials Industry PE Ratio | Median Figure of 5 Publicly-Listed Basic Materials Companies | 8.48x |
| Poland Market PE Ratio | Median Figure of 449 Publicly-Listed Companies | 10.27x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Zaklady Magnezytowe Ropczyce.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = WSE:RPC Share Price ÷ EPS (both in PLN) = 31.7 ÷ 3.83 |
8.27x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Zaklady Magnezytowe Ropczyce is good value based on earnings compared to the PL Basic Materials industry average.
- Zaklady Magnezytowe Ropczyce is good value based on earnings compared to the Poland market.
Price based on expected Growth
Does
Zaklady Magnezytowe Ropczyce's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 8.27x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts |
5.6%per year |
| Europe Basic Materials Industry PEG Ratio | Median Figure of 17 Publicly-Listed Basic Materials Companies | 1.09x |
| Poland Market PEG Ratio | Median Figure of 100 Publicly-Listed Companies | 1.15x |
*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 Zaklady Magnezytowe Ropczyce, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
Zaklady Magnezytowe Ropczyce's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-09-30) in PLN | PLN57.01 |
| WSE:RPC Share Price * | WSE (2019-01-23) in PLN | PLN31.7 |
| Poland Basic Materials Industry PB Ratio | Median Figure of 6 Publicly-Listed Basic Materials Companies | 0.57x |
| Poland Market PB Ratio | Median Figure of 688 Publicly-Listed Companies | 0.99x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = WSE:RPC Share Price ÷ Book Value per Share (both in PLN) = 31.7 ÷ 57.01 |
0.56x |
* Primary Listing of Zaklady Magnezytowe Ropczyce.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Zaklady Magnezytowe Ropczyce is good value based on assets compared to the PL Basic Materials industry average.
Value checks
We assess Zaklady Magnezytowe Ropczyce's value by looking at:- 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. )
- Is the PE ratio less than the market average, and/ or less than the Basic Materials industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Basic Materials industry average (and greater than 0)? (1 check) Zaklady Magnezytowe Ropczyce has a total score of 3/6, 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.
RPC Future Performance
- No analysts cover Zaklady Magnezytowe Ropczyce, 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!
Earnings growth vs Low Risk Savings
- Zaklady Magnezytowe Ropczyce's earnings growth is expected to exceed the low risk savings rate of 2.9%.
Growth vs Market Checks
- Zaklady Magnezytowe Ropczyce's earnings growth is positive but not above the Poland market average.
- Unable to compare Zaklady Magnezytowe Ropczyce's revenue growth to the Poland market average as no estimate data is available.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| WSE:RPC Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts | 5.6% |
| Europe Basic Materials Industry Earnings Growth Rate | Market Cap Weighted Average | 11% |
| Europe Basic Materials Industry Revenue Growth Rate | Market Cap Weighted Average | 4.3% |
| Poland Market Earnings Growth Rate | Market Cap Weighted Average | 9% |
| Poland Market Revenue Growth Rate | Market Cap Weighted Average | 6% |
*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
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| Date (Data in PLN Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-09-30 | 349 | 15 | 20 |
| 2018-06-30 | 327 | -10 | 13 |
| 2018-03-31 | 299 | -9 | 9 |
| 2017-12-31 | 277 | 9 | 11 |
| 2017-09-30 | 272 | 19 | 15 |
| 2017-06-30 | 256 | 21 | 15 |
| 2017-03-31 | 249 | 18 | 15 |
| 2016-12-31 | 244 | 14 | 13 |
| 2016-09-30 | 237 | 3 | 12 |
| 2016-06-30 | 233 | 17 | 9 |
| 2016-03-31 | 236 | 25 | 11 |
| 2015-12-31 | 234 | 14 | 13 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
All data from Zaklady Magnezytowe Ropczyce Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in PLN Millions) | EPS * |
|---|---|
| 2018-09-30 | 3.83 |
| 2018-06-30 | 2.23 |
| 2018-03-31 | 1.31 |
| 2017-12-31 | 1.63 |
| 2017-09-30 | 2.36 |
| 2017-06-30 | 2.59 |
| 2017-03-31 | 2.79 |
| 2016-12-31 | 2.84 |
| 2016-09-30 | 2.42 |
| 2016-06-30 | 2.01 |
| 2016-03-31 | 2.44 |
| 2015-12-31 | 2.87 |
*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 Zaklady Magnezytowe Ropczyce will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Future performance checks
We assess Zaklady Magnezytowe Ropczyce's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Zaklady Magnezytowe Ropczyce has a total score of 1/6, 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.
RPC Past Performance
How has Zaklady Magnezytowe Ropczyce 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
Past Earnings growth analysis
- Zaklady Magnezytowe Ropczyce's year on year earnings growth rate has been positive over the past 5 years.
- Zaklady Magnezytowe Ropczyce's 1-year earnings growth exceeds its 5-year average (36.2% vs 3.6%)
- Zaklady Magnezytowe Ropczyce's earnings growth has exceeded the Europe Basic Materials industry average in the past year (36.2% vs 28.7%).
Earnings and Revenue History
All data from Zaklady Magnezytowe Ropczyce Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in PLN Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-09-30 | 348.67 | 19.92 | 40.63 | |
| 2018-06-30 | 326.85 | 13.04 | 40.65 | |
| 2018-03-31 | 298.52 | 9.15 | 39.58 | |
| 2017-12-31 | 277.04 | 11.40 | 37.68 | |
| 2017-09-30 | 272.31 | 14.62 | 37.37 | 0.00 |
| 2017-06-30 | 255.65 | 15.39 | 34.27 | 0.00 |
| 2017-03-31 | 249.13 | 14.90 | 33.49 | 0.02 |
| 2016-12-31 | 244.11 | 13.50 | 33.71 | 0.02 |
| 2016-09-30 | 236.91 | 11.90 | 32.71 | 0.08 |
| 2016-06-30 | 232.96 | 9.22 | 32.46 | -0.02 |
| 2016-03-31 | 236.42 | 11.19 | 33.10 | 0.21 |
| 2015-12-31 | 234.30 | 13.15 | 32.32 | 0.44 |
| 2015-09-30 | 230.92 | 13.70 | 30.12 | 0.65 |
| 2015-06-30 | 230.52 | 13.32 | 29.45 | 0.91 |
| 2015-03-31 | 219.47 | 10.60 | 27.27 | 1.00 |
| 2014-12-31 | 217.68 | 10.10 | 26.88 | 0.79 |
| 2014-09-30 | 209.13 | 10.62 | 27.79 | 0.86 |
| 2014-06-30 | 212.05 | 12.54 | 28.69 | 0.79 |
| 2014-03-31 | 218.84 | 14.55 | 29.17 | 0.80 |
| 2013-12-31 | 223.34 | 12.77 | 30.78 | 0.81 |
| 2013-09-30 | 234.65 | 12.28 | 32.29 | 0.83 |
| 2013-06-30 | 244.30 | 11.58 | 32.72 | 0.73 |
| 2013-03-31 | 246.04 | 10.89 | 33.29 | 0.38 |
| 2012-12-31 | 247.99 | 8.76 | 33.18 | 0.35 |
| 2012-09-30 | 271.64 | 12.66 | 32.81 | |
| 2012-06-30 | 280.66 | 11.13 | 32.80 | |
| 2012-03-31 | 286.92 | 4.83 | 35.16 |
*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.
- Zaklady Magnezytowe Ropczyce has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- Zaklady Magnezytowe Ropczyce used its assets more efficiently than the PL Basic Materials industry average last year based on Return on Assets.
- Zaklady Magnezytowe Ropczyce has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
Past performance checks
We assess Zaklady Magnezytowe Ropczyce's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Basic Materials industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Zaklady Magnezytowe Ropczyce has a total score of 5/6, 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.
RPC Health
How is Zaklady Magnezytowe Ropczyce'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 Zaklady Magnezytowe Ropczyce's finances.
The net worth of a company is the difference between its assets and liabilities.
- Zaklady Magnezytowe Ropczyce is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Zaklady Magnezytowe Ropczyce's cash and other short term assets cover its long term commitments.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- Debt is covered by short term assets, assets are 2.1x 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.
All data from Zaklady Magnezytowe Ropczyce Company Filings, last reported 3 months ago.
| Date (Data in PLN Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-09-30 | 248.14 | 102.01 | 25.15 |
| 2018-06-30 | 242.45 | 107.40 | 9.34 |
| 2018-03-31 | 244.16 | 98.67 | 4.82 |
| 2017-12-31 | 293.61 | 81.28 | 5.30 |
| 2017-09-30 | 301.63 | 66.91 | 6.12 |
| 2017-06-30 | 297.92 | 62.98 | 6.32 |
| 2017-03-31 | 302.62 | 65.28 | 5.96 |
| 2016-12-31 | 289.70 | 72.11 | 5.53 |
| 2016-09-30 | 242.41 | 71.38 | 5.90 |
| 2016-06-30 | 228.24 | 79.18 | 5.68 |
| 2016-03-31 | 230.58 | 82.76 | 5.99 |
| 2015-12-31 | 227.23 | 88.74 | 5.50 |
| 2015-09-30 | 225.06 | 85.42 | 6.79 |
| 2015-06-30 | 223.21 | 95.03 | 5.47 |
| 2015-03-31 | 222.73 | 99.03 | 8.82 |
| 2014-12-31 | 217.37 | 106.78 | 6.23 |
| 2014-09-30 | 214.75 | 94.55 | 4.87 |
| 2014-06-30 | 213.28 | 99.09 | 5.51 |
| 2014-03-31 | 215.07 | 93.04 | 5.53 |
| 2013-12-31 | 210.20 | 89.86 | 6.57 |
| 2013-09-30 | 206.88 | 81.94 | 25.92 |
| 2013-06-30 | 203.50 | 77.83 | 12.20 |
| 2013-03-31 | 201.90 | 75.33 | 21.08 |
| 2012-12-31 | 198.82 | 76.95 | 7.44 |
| 2012-09-30 | 195.98 | 69.90 | 5.45 |
| 2012-06-30 | 193.30 | 70.01 | 2.98 |
| 2012-03-31 | 190.80 | 66.51 | 8.81 |
- Zaklady Magnezytowe Ropczyce's level of debt (41.1%) compared to net worth is high (greater than 40%).
- The level of debt compared to net worth has increased over the past 5 years (39.6% vs 41.1% today).
- Debt is not well covered by operating cash flow (14.9%, less than 20% of total debt).
- Interest payments on debt are well covered by earnings (EBIT is 7.7x coverage).
Financial health checks
We assess Zaklady Magnezytowe Ropczyce's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Zaklady Magnezytowe Ropczyce has a total score of 3/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- 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.
RPC Dividends
What is Zaklady Magnezytowe Ropczyce'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
If you bought
PLN2,000 of
Zaklady Magnezytowe Ropczyce
shares you are expected to receive
PLN69
in your first year as a dividend.
Dividend Amount
- Zaklady Magnezytowe Ropczyce's pays a higher dividend yield than the bottom 25% of dividend payers in Poland (2.65%).
- Zaklady Magnezytowe Ropczyce's dividend is below the markets top 25% of dividend payers in Poland (7.62%).
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.
| 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 23 Stocks | 3.3% |
| Poland Market Average Dividend Yield | Market Cap Weighted Average of 209 Stocks | 3.3% |
| Poland Minimum Threshold Dividend Yield | 10th Percentile | 1.5% |
| Poland Bottom 25% Dividend Yield | 25th Percentile | 2.6% |
| Poland Top 25% Dividend Yield | 75th Percentile | 7.6% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in PLN) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2018-08-09 | 1.100 | 3.528 |
| 2018-02-28 | 1.100 | 4.414 |
| 2017-03-14 | 1.000 | 4.329 |
| 2017-03-13 | 1.000 | 4.904 |
| 2016-04-28 | 0.900 | 4.423 |
| 2016-03-04 | 0.900 | 4.163 |
| 2015-05-07 | 0.750 | 3.651 |
| 2015-03-12 | 0.750 | 3.776 |
| 2014-11-05 | 0.650 | 3.825 |
| 2014-08-20 | 0.650 | 3.574 |
| 2014-03-18 | 0.650 | 2.885 |
| 2014-01-15 | 0.350 | 1.383 |
| 2013-03-19 | 0.350 | 1.684 |
| 2013-01-15 | 0.350 | 2.166 |
| 2009-01-26 | 0.000 | 0.000 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Dividends per share have been stable in the past 10 years.
- Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of
Zaklady Magnezytowe Ropczyce's earnings are
paid
to the shareholders as a dividend.
- Dividends paid are well covered by earnings (3.5x coverage).
- Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
Income/ dividend checks
We assess Zaklady Magnezytowe Ropczyce's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 1.5%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Zaklady Magnezytowe Ropczyce afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Zaklady Magnezytowe Ropczyce has a total score of 4/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
RPC Management
CEO
| COMPENSATION | PLN0 |
CEO Bio
Mr. Józef Siwiec has been the President of Management Board at Zaklady Magnezytowe Ropczyce Spolka Akcyjna since 2000 and serves as it's Managing Director. Mr. Siwiec served as President and Chief Executive Officer at Zaklady Magnezytowe Ropczyce Spolka Akcyjna.
CEO Compensation
- Józef's compensation has been consistent with company performance over the past year.
- Józef's remuneration is lower than average for companies of similar size in Poland.
Management Team
Józef Siwiec
President of Management Board & MD
Marian Darlak
Vice Chairman of Management Board - Quality & Development
Robert Duszkiewicz
Vice Chairman of Management Board and Chief Financial Officer
Board of Directors
Roman Wenc
Chairman of the Supervisory Board
PLN114K
Konstantyn Lytvynov
Member of the Supervisory Board
PLN94K
13 yrs
Grzegorz Ubysz
Member of Supervisory Board
PLN94K
Leslaw Wojtas
Member of Supervisory Board
PLN94K
68
Malgorzata Wypychowska
Member of Supervisory Board
PLN94K
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (PLN) | Value (PLN) | |
|---|---|---|---|---|---|---|---|---|---|---|
Management checks
We assess Zaklady Magnezytowe Ropczyce's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Zaklady Magnezytowe Ropczyce 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.
RPC News
Simply Wall St News
Where Zaklady Magnezytowe Ropczyce SA (WSE:RPC) Stands In Terms Of Earnings Growth Against Its Industry
When Zaklady Magnezytowe Ropczyce SA (WSE:RPC) announced its most recent earnings (30 September 2018), I compared it against two factor: its historical earnings track record, and the performance of its industry peers on average. … Being able to interpret how well Zaklady Magnezytowe Ropczyce has done so far requires weighing its performance against a benchmark, rather than looking at a standalone number at a point in time. … Check out our latest analysis for Zaklady Magnezytowe Ropczyce?
Simply Wall St - – Full articleWho Are The Major Shareholders Of Zaklady Magnezytowe ROPCZYCE SA (WSE:RPC)?
In this analysis, my focus will be on developing a perspective on Zaklady Magnezytowe ROPCZYCE SA’s (WSE:RPC) latest ownership structure, a less discussed, but important factor. … Ownership structure has been found to have an impact on shareholder returns in both short- and long-term. … View our latest analysis for Zaklady Magnezytowe ROPCZYCE
Simply Wall St - – Full articleShould Zaklady Magnezytowe ROPCZYCE SA's (WSE:RPC) Recent Earnings Worry You?
Increase in profitability and industry-beating performance can be essential considerations in a stock for some investors. … In this article, I will take a look at Zaklady Magnezytowe ROPCZYCE SA's (WSE:RPC) track record on a high level, to give you some insight into how the company has been performing against its historical trend and its industry peers. … View our latest analysis for Zaklady Magnezytowe ROPCZYCE?
Simply Wall St - – Full articleIs Zaklady Magnezytowe ROPCZYCE SA's (WSE:RPC) Balance Sheet A Threat To Its Future?
While small-cap stocks, such as Zaklady Magnezytowe ROPCZYCE SA (WSE:RPC) with its market cap of zł105.49m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn.
Simply Wall St - – Full articleShould You Sell Zaklady Magnezytowe ROPCZYCE SA (WSE:RPC) At This PE Ratio?
and want to better understand how you can grow your money by investing in Zaklady Magnezytowe ROPCZYCE SA (WSE:RPC). … Zaklady Magnezytowe ROPCZYCE SA (WSE:RPC) is currently trading at a trailing P/E of 20.4x, which is higher than the industry average of 0x. … While RPC might seem like a stock to avoid or sell if you own it, it is important to understand the assumptions behind the P/E ratio before you make any investment decisions
Simply Wall St - – Full articleZaklady Magnezytowe ROPCZYCE SA. (WSE:RPC): Time For A Financial Health Check
Additionally, RPC has produced cash from operations of ZŁ8.52M over the same time period, resulting in an operating cash to total debt ratio of 10.48%, meaning that RPC’s debt is not appropriately covered by operating cash. … Looking at RPC’s most recent ZŁ89.95M liabilities, the company has been able to meet these commitments with a current assets level of ZŁ219.13M, leading to a 2.44x current account ratio. … In RPC's, case, the ratio of 10.52x suggests that interest is comfortably covered, which means that lenders may be inclined to lend more money to the company, as it is seen as safe in terms of payback.Next Steps: Although RPC’s debt level is relatively low, its cash flow levels still could not copiously cover its borrowings.
Simply Wall St - – Full articleZaklady Magnezytowe ROPCZYCE SA. (WSE:RPC): Does The Earnings Decline Make It An Underperformer?
The two benchmarks I used were Zaklady Magnezytowe ROPCZYCE's average earnings over the past couple of years, and its industry performance. … Since these values may be somewhat short-term, I have created an annualized five-year figure for Zaklady Magnezytowe ROPCZYCE's net income, which stands at ZŁ11.30M This suggests that despite the fact that earnings growth was negative against last year, over time, Zaklady Magnezytowe ROPCZYCE's earnings have been growing on average. … Zaklady Magnezytowe ROPCZYCE's track record can be a valuable insight into its earnings performance, but it certainly doesn't tell the whole story.
Simply Wall St - – Full articleWhy Zaklady Magnezytowe ROPCZYCE SA. (WSE:RPC) Delivered An Inferior ROE Compared To The Industry
View our latest analysis for Zaklady Magnezytowe ROPCZYCE Breaking down ROE — the mother of all ratios Return on Equity (ROE) is a measure of Zaklady Magnezytowe ROPCZYCE’s profit relative to its shareholders’ equity. … 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:RPC Last Perf May 8th 18 Basically, profit margin measures how much of revenue trickles down into earnings which illustrates how efficient the business is with its cost management. … Zaklady Magnezytowe ROPCZYCE’s below-industry ROE is disappointing, furthermore, its returns were not even high enough to cover its own cost of equity.
Simply Wall St - – Full articleDoes Zaklady Magnezytowe ROPCZYCE SA.'s (WSE:RPC) PE Ratio Warrant A Buy?
By comparing a stock’s price per share to its earnings per share, we are able to see how much investors are paying for each dollar of the company’s earnings. … Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for RPC Price per share = PLN23.9 Earnings per share = PLN1.631 ∴ Price-Earnings Ratio = PLN23.9 ÷ PLN1.631 = 14.7x The P/E ratio isn’t a metric you view in isolation and only becomes useful when you compare it against other similar companies. … Since RPC's P/E of 14.7x is lower than its industry peers (20.2x), it means that investors are paying less than they should for each dollar of RPC's earnings.
Simply Wall St - – Full articleRPC Company Info
Map
Description
Zaklady Magnezytowe Ropczyce S.A. manufactures and sells basic and aluminosilicate refractory materials in Poland and internationally. The company offers burned shaped refractories, including magnesia, magnesia-chrome, magnesia-spinel, magnesia-zirconia, forsterite, zirconia, alumina-chrome, nitride-bonded alumina, silica, aluminosilicate, and alumina refractories, as well as magnesia-spinel refractories with an addition of ZrO2. It also provides unburned shaped refractories, such as magnesia-graphite, magnesia-carbon, alumina-magnesia-carbon, magnesia-spinel-graphite, magnesia-chrome, alumina-graphite, and aluminosilicate refractories; and precast shapes from low-cement alumina-spinel and spinel castables, basic castables, and aluminosilicate castables. In addition, the company offers unshaped refractories for various functions in furnace installations. Further, it provides special refractories comprising gas-purging shapes and sets; RH snorkels; tapping sets for electric arc furnaces, oxygen converters, and steel ladles, as well as metering tapping sets for tundishes; monolithic roofs for electric arc furnaces; and reinforced large-size elements for Maerz Kiln monolithic pillars. The company serves steel metallurgy, non-ferrous metallurgy, cement and lime, and glass-making industries, as well as foundries. Zaklady Magnezytowe Ropczyce S.A. was founded in 1971 and is based in Warsaw, Poland.
Details
| Name: | Zaklady Magnezytowe Ropczyce S.A. |
| RPC | |
| Exchange: | WSE |
| Founded: | 1971 |
| PLN137,107,750 | |
| 4,352,627 | |
| Website: | http://www.ropczyce.com.pl |
| Address: |
Zaklady Magnezytowe Ropczyce S.A. Postepu 15c, Warsaw, 02-676, Poland |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| WSE | RPC | Common Bearer Shares | Warsaw Stock Exchange | PL | PLN | 15. Jan 1998 | |
| LSE | 0LYB | Common Bearer Shares | London Stock Exchange | GB | PLN | 15. Jan 1998 |
Number of employees
Current staff
Industry
| Construction Materials | |
| Materials |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/01/23 20:46 |
| End of day share price update: | 2019/01/23 00:00 |
| Last earnings filing: | 2018/10/26 |
| Last earnings reported: | 2018/09/30 |
| Last annual earnings reported: | 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.
