WSE:SKA

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Fabryka Farb i Lakierów Sniezka

Executive Summary

Fabryka Farb i Lakierów Sniezka SA manufactures and sells paints and varnishes in Poland. More Details


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

SKAIndustryMarket
7 Day0.2%2.0%-0.9%
30 Day2.5%10.8%2.5%
90 Day0.2%17.9%16.0%
1 Year7.6%4.4%11.7%9.6%1.3%0.4%
3 Year35.5%23.9%-34.6%-40.9%-13.3%-18.6%
5 Year103.6%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

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

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

NamePositionTenureCompensationOwnership
Piotr Mikrut
President of the Management Board & CEO16.83yrszł1.14m10.07%
PLN 114.1m
Joanna Wróbel-Lipa
VP of the Management Board & Sales Director9.67yrszł1.14mno data
Witold Wasko
VP of the Management Board & Economic Director15.75yrszł1.16m0.0016%
PLN 17.8k
Stanislaw Panek
Technical Directorno datano datano data
Lukasz Dobrowolski
Director of Marketingno datano datano 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SKAWSE (Warsaw Stock Exchange)YesBearer SharesPLPLNDec 2003
0LYOLSE (London Stock Exchange)YesBearer SharesGBPLNDec 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/22 18:02
End of Day Share Price2021/01/22 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.