Executive Summary
Stelmet S.A. produces and distributes wooden garden architecture in Great Britain, France, Germany, and internationally.
Snowflake Analysis
Adequate balance sheet and fair value.
Share Price & News
How has Stelmet's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: STL has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-1.3%
STL
0.3%
PL Forestry
0.7%
PL Market
1 Year Return
-16.7%
STL
-12.0%
PL Forestry
-7.1%
PL Market
Return vs Industry: STL underperformed the Polish Forestry industry which returned -12.6% over the past year.
Return vs Market: STL underperformed the Polish Market which returned -7.7% over the past year.
Shareholder returns
| STL | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.3% | 0.3% | 0.7% |
| 30 Day | 1.4% | 2.0% | -1.7% |
| 90 Day | -9.6% | 1.5% | -0.2% |
| 1 Year | -16.7%-16.7% | -12.0%-12.0% | -4.3%-7.1% |
| 3 Year | -75.0%-75.0% | -34.3%-36.7% | -4.3%-11.1% |
| 5 Year | n/a | -5.5%-12.7% | 2.7%-10.3% |
Price Volatility Vs. Market
How volatile is Stelmet's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 months ago | Simply Wall St
Does The Stelmet S.A. (WSE:STL) Share Price Tend To Follow The Market?5 months ago | Simply Wall St
What Is Stelmet's (WSE:STL) P/E Ratio After Its Share Price Rocketed?5 months ago | Simply Wall St
What Kind Of Shareholders Own Stelmet S.A. (WSE:STL)?Valuation
Is Stelmet undervalued compared to its fair value and its price relative to the market?
24.7%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: STL (PLN7.5) is trading below our estimate of fair value (PLN9.96)
Significantly Below Fair Value: STL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: STL is unprofitable, so we can't compare its PE Ratio to the Forestry industry average.
PE vs Market: STL is unprofitable, so we can't compare its PE Ratio to the Polish market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate STL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: STL is good value based on its PB Ratio (0.5x) compared to the PL Forestry industry average (0.7x).
Next Steps
Future Growth
How is Stelmet forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
2.7%
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if STL's forecast earnings growth is above the savings rate (2%).
Earnings vs Market: Insufficient data to determine if STL's earnings are forecast to grow faster than the Polish market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: STL's revenue (2.7% per year) is forecast to grow slower than the Polish market (6.2% per year).
High Growth Revenue: STL's revenue (2.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if STL's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Stelmet performed over the past 5 years?
-66.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: STL is currently unprofitable.
Growing Profit Margin: STL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: STL is unprofitable, and losses have increased over the past 5 years at a rate of -66.1% per year.
Accelerating Growth: Unable to compare STL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: STL is unprofitable, making it difficult to compare its past year earnings growth to the Forestry industry (-40.2%).
Return on Equity
High ROE: STL has a negative Return on Equity (-0.75%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Stelmet's financial position?
Financial Position Analysis
Short Term Liabilities: STL's short term assets (PLN288.8M) exceed its short term liabilities (PLN139.3M).
Long Term Liabilities: STL's short term assets (PLN288.8M) exceed its long term liabilities (PLN172.4M).
Debt to Equity History and Analysis
Debt Level: STL's debt to equity ratio (42.3%) is considered high.
Reducing Debt: STL's debt to equity ratio has reduced from 48.6% to 42.3% over the past 5 years.
Balance Sheet
Inventory Level: STL has a high level of physical assets or inventory.
Debt Coverage by Assets: STL's debt is covered by short term assets (assets are 1.5x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: STL has been profitable on average in the past, therefore cash runway is not a concern.
Forecast Cash Runway: STL has been profitable on average in the past, therefore cash runway is not a concern.
Next Steps
Dividend
What is Stelmet's current dividend yield, its reliability and sustainability?
2.53%
Forecast Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate STL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate STL'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 STL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if STL'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 STL's dividend in 3 years as they are not forecast to pay a notable one for the Polish market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
zł2m
CEO Compensation
CEO
Stanislaw Bienkowski 0
zł1,505,000
Compensation
Mr. Stanislaw Bienkowski serves as the President of the Management Board at Stelmet S.A. Mr. Bienkowski founded Stelmet company (which works as a Joint Stock Company since 2006) in 1985 and serves as its L ...
CEO Compensation Analysis
Compensation vs Market: Stanislaw's total compensation ($USD382.72K) is above average for companies of similar size in the Polish market ($USD157.18K).
Compensation vs Earnings: Stanislaw's compensation has been consistent with company performance over the past year.
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
Stelmet S.A.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Stelmet S.A.
- Ticker: STL
- Exchange: WSE
- Founded: 1985
- Industry: Forest Products
- Sector: Materials
- Market Cap: zł220.232m
- Shares outstanding: 29.36m
- Website: https://www.stelmet.com
Location
- Stelmet S.A.
- ul. Gorzowska 20
- Zielona Góra
- 65-127
- Poland
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| STL | WSE (Warsaw Stock Exchange) | Yes | Ordinary Shares | PL | PLN | Oct 2016 |
| 0RKA | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | PLN | Oct 2016 |
Biography
Stelmet S.A. produces and distributes wooden garden architecture in Great Britain, France, Germany, and internationally. Its products include stakes, palisades, rollbots, platforms, terrace boards, fences, grids, boards, pergolas, flowerbeds, tool sheds, and gazebos. The company manufactures products made of pine and spruce wood, which are designed for fencing, equipping and decorating gardens, allotments, terraces, balconies, and parks, as well as for use in recreational spaces. It also offers products that use in their structure arcs, which are made of glued laminated timber. Stelmet S.A. was founded in 1985 and is based in Zielona Góra, Poland.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/17 22:35 |
| End of Day Share Price | 2020/02/17 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2019/09/30 |
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.