Executive Summary
Fabryka Farb i Lakierów Sniezka SA manufactures and sells paints and varnishes in Poland. More Details
Rewards
Risk Analysis
Snowflake Analysis
Solid track record with mediocre balance sheet.
Share Price & News
How has Fabryka Farb i Lakierów Sniezka's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SKA is less volatile than 75% of Polish stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: SKA's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
0.2%
SKA
2.0%
PL Chemicals
-0.9%
PL Market
1 Year Return
4.4%
SKA
9.6%
PL Chemicals
0.4%
PL Market
Return vs Industry: SKA underperformed the Polish Chemicals industry which returned 8.2% over the past year.
Return vs Market: SKA exceeded the Polish Market which returned 0.3% over the past year.
Shareholder returns
| SKA | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.2% | 2.0% | -0.9% |
| 30 Day | 2.5% | 10.8% | 2.5% |
| 90 Day | 0.2% | 17.9% | 16.0% |
| 1 Year | 7.6%4.4% | 11.7%9.6% | 1.3%0.4% |
| 3 Year | 35.5%23.9% | -34.6%-40.9% | -13.3%-18.6% |
| 5 Year | 103.6%68.5% | -45.0%-52.0% | 21.6%7.8% |
Long-Term Price Volatility Vs. Market
How volatile is Fabryka Farb i Lakierów Sniezka's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall St
These 4 Measures Indicate That Fabryka Farb i Lakierów Sniezka (WSE:SKA) Is Using Debt Reasonably Well3 weeks ago | Simply Wall St
Should You Buy Fabryka Farb i Lakierów Sniezka SA (WSE:SKA) For Its Dividend?1 month ago | Simply Wall St
Do Institutions Own Fabryka Farb i Lakierów Sniezka SA (WSE:SKA) Shares?Valuation
Is Fabryka Farb i Lakierów Sniezka 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: SKA (PLN89.8) is trading below our estimate of fair value (PLN241.69)
Significantly Below Fair Value: SKA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SKA's PE Ratio (15.6x) is in line with the PL Chemicals industry average.
PE vs Market: SKA is poor value based on its PE Ratio (15.6x) compared to the Polish market (13.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SKA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SKA is overvalued based on its PB Ratio (3.7x) compared to the PL Chemicals industry average (0.9x).
Next Steps
Future Growth
How is Fabryka Farb i Lakierów Sniezka forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
19.8%
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 Fabryka Farb i Lakierów Sniezka 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
- Check out Fabryka Farb i Lakierów Sniezka's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- Fabryka Farb i Lakierów Sniezka competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
Past Performance
How has Fabryka Farb i Lakierów Sniezka performed over the past 5 years?
6.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SKA has high quality earnings.
Growing Profit Margin: SKA's current net profit margins (8.8%) are lower than last year (9.7%).
Past Earnings Growth Analysis
Earnings Trend: SKA's earnings have grown by 6.3% per year over the past 5 years.
Accelerating Growth: SKA's earnings growth over the past year (10.1%) exceeds its 5-year average (6.3% per year).
Earnings vs Industry: SKA earnings growth over the past year (10.1%) exceeded the Chemicals industry -1.4%.
Return on Equity
High ROE: SKA's Return on Equity (23.6%) is considered high.
Next Steps
Financial Health
How is Fabryka Farb i Lakierów Sniezka's financial position?
Financial Position Analysis
Short Term Liabilities: SKA's short term assets (PLN303.6M) do not cover its short term liabilities (PLN338.9M).
Long Term Liabilities: SKA's short term assets (PLN303.6M) exceed its long term liabilities (PLN87.6M).
Debt to Equity History and Analysis
Debt Level: SKA's debt to equity ratio (66.2%) is considered high.
Reducing Debt: SKA's debt to equity ratio has increased from 44.6% to 66.2% over the past 5 years.
Debt Coverage: SKA's debt is well covered by operating cash flow (66.2%).
Interest Coverage: SKA's interest payments on its debt are well covered by EBIT (75.3x coverage).
Balance Sheet
Next Steps
Dividend
What is Fabryka Farb i Lakierów Sniezka current dividend yield, its reliability and sustainability?
2.90%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SKA's dividend (2.9%) is higher than the bottom 25% of dividend payers in the Polish market (1.58%).
High Dividend: SKA's dividend (2.9%) is low compared to the top 25% of dividend payers in the Polish market (5.13%).
Stability and Growth of Payments
Stable Dividend: SKA's dividend payments have been volatile in the past 10 years.
Growing Dividend: SKA's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (45.1%), SKA's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
15.8yrs
Average management tenure
CEO
Piotr Mikrut
16.83yrs
Tenure
zł1,141,900
Compensation
Mr. Piotr Mikrut has been the President of Managing Board at Fabryka Farb i Lakierów SNIEZKA Spolka Akcyjna (Formerly Sniezka Paints and Varnishes Plant S.A.) since March 31, 2004 and also serves as its Me...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President of the Management Board & CEO | 16.83yrs | zł1.14m | 10.07% PLN 114.1m | |
| VP of the Management Board & Sales Director | 9.67yrs | zł1.14m | no data | |
| VP of the Management Board & Economic Director | 15.75yrs | zł1.16m | 0.0016% PLN 17.8k | |
| Technical Director | no data | no data | no data | |
| Director of Marketing | no data | no data | no data |
15.8yrs
Average Tenure
Experienced Management: SKA's management team is seasoned and experienced (15.8 years average tenure).
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
Fabryka Farb i Lakierów Sniezka SA's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Fabryka Farb i Lakierów Sniezka SA
- Ticker: SKA
- Exchange: WSE
- Founded: 1984
- Industry: Commodity Chemicals
- Sector: Materials
- Market Cap: zł1.133b
- Shares outstanding: 12.62m
- Website: https://www.sniezka.pl
Number of Employees
Location
- Fabryka Farb i Lakierów Sniezka SA
- Aleja Jana Pawla II 23
- Warsaw
- 00-854
- Poland
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SKA | WSE (Warsaw Stock Exchange) | Yes | Bearer Shares | PL | PLN | Dec 2003 |
| 0LYO | LSE (London Stock Exchange) | Yes | Bearer Shares | GB | PLN | Dec 2003 |
Biography
Fabryka Farb i Lakierów Sniezka SA manufactures and sells paints and varnishes in Poland. The company primarily provides its products under the Sniezka, Magnat, Vidaron, Foveo-Tech, and Beston brands. It p...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/22 18:02 |
| End of Day Share Price | 2021/01/22 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.