Executive Summary
Stalprodukt S.A., together with its subsidiaries, manufactures and sells processed steel products in Poland. More Details
Rewards
Risk Analysis
No risks detected for STP from our risk checks.
Snowflake Analysis
Flawless balance sheet and slightly overvalued.
Similar Companies
Share Price & News
How has Stalprodukt's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: STP is not significantly more volatile than the rest of Polish stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: STP's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
-0.6%
STP
-5.4%
PL Metals and Mining
-3.0%
PL Market
1 Year Return
54.0%
STP
73.5%
PL Metals and Mining
-0.3%
PL Market
Return vs Industry: STP underperformed the Polish Metals and Mining industry which returned 74.2% over the past year.
Return vs Market: STP exceeded the Polish Market which returned -0.4% over the past year.
Shareholder returns
| STP | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.6% | -5.4% | -3.0% |
| 30 Day | 26.2% | 6.8% | 2.7% |
| 90 Day | 89.6% | 47.5% | 16.8% |
| 1 Year | 54.0%54.0% | 75.1%73.5% | 0.7%-0.3% |
| 3 Year | -33.3%-35.1% | 17.5%13.0% | -13.3%-18.5% |
| 5 Year | 45.4%39.7% | 195.1%172.3% | 26.2%11.9% |
Long-Term Price Volatility Vs. Market
How volatile is Stalprodukt's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Here's Why Stalprodukt (WSE:STP) Can Manage Its Debt Responsibly1 month ago | Simply Wall St
Should You Use Stalprodukt's (WSE:STP) Statutory Earnings To Analyse It?1 month ago | Simply Wall St
How Much Does Stalprodukt's (WSE:STP) CEO Make?Valuation
Is Stalprodukt undervalued compared to its fair value and its price relative to the market?
12.84x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: STP (PLN328) is trading above our estimate of fair value (PLN315.47)
Significantly Below Fair Value: STP is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: STP is poor value based on its PE Ratio (12.8x) compared to the PL Metals and Mining industry average (11.3x).
PE vs Market: STP is good value based on its PE Ratio (12.8x) compared to the Polish market (13.8x).
Price to Earnings Growth Ratio
PEG Ratio: STP is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: STP is good value based on its PB Ratio (0.7x) compared to the PL Metals and Mining industry average (1.1x).
Next Steps
Future Growth
How is Stalprodukt forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
10.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: STP's forecast earnings growth (10% per year) is above the savings rate (2.7%).
Earnings vs Market: STP's earnings (10% per year) are forecast to grow slower than the Polish market (17.9% per year).
High Growth Earnings: STP's earnings are forecast to grow, but not significantly.
Revenue vs Market: STP's revenue (0.04% per year) is forecast to grow slower than the Polish market (6% per year).
High Growth Revenue: STP's revenue (0.04% 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 STP's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Stalprodukt performed over the past 5 years?
-11.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: STP has high quality earnings.
Growing Profit Margin: STP's current net profit margins (4.2%) are higher than last year (4.2%).
Past Earnings Growth Analysis
Earnings Trend: STP's earnings have declined by 11.8% per year over the past 5 years.
Accelerating Growth: STP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: STP had negative earnings growth (-11.7%) over the past year, making it difficult to compare to the Metals and Mining industry average (-3.8%).
Return on Equity
High ROE: STP's Return on Equity (5.4%) is considered low.
Next Steps
Financial Health
How is Stalprodukt's financial position?
Financial Position Analysis
Short Term Liabilities: STP's short term assets (PLN1.8B) exceed its short term liabilities (PLN585.3M).
Long Term Liabilities: STP's short term assets (PLN1.8B) exceed its long term liabilities (PLN838.7M).
Debt to Equity History and Analysis
Debt Level: STP's debt to equity ratio (4.3%) is considered satisfactory.
Reducing Debt: STP's debt to equity ratio has reduced from 6.8% to 4.3% over the past 5 years.
Debt Coverage: STP's debt is well covered by operating cash flow (315.1%).
Interest Coverage: STP earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Stalprodukt current dividend yield, its reliability and sustainability?
3.95%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate STP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate STP's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if STP's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if STP's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: STP is not paying a notable dividend for the Polish market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of STP'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?
7.0yrs
Average management tenure
CEO
Piotr Janeczek (65 yo)
16.58yrs
Tenure
zł2,801,587
Compensation
Mr. Piotr Janeczek has been the President of the Management Board and Chief Executive Officer at Stalprodukt Spólka Akcyjna (Zaklady Przetworstwa Hutniczego Stalprodukt Sa) since June 25, 2004 and served a...
CEO Compensation Analysis
Compensation vs Market: Piotr's total compensation ($USD746.49K) is above average for companies of similar size in the Polish market ($USD391.38K).
Compensation vs Earnings: Piotr's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President of the Management Board & CEO | 16.58yrs | zł2.80m | 2.06% PLN 37.7m | |
| Financial Director & Member of the Management Board | 7yrs | zł1.12m | 0.0018% PLN 32.8k | |
| Secretary & Member of Supervisory Board | 4yrs | zł97.21k | no data | |
| Technical Director - Plenipotentiary for Quality and Environment Management - Proxy | no data | no data | no data |
7.0yrs
Average Tenure
Experienced Management: STP's management team is seasoned and experienced (7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Secretary & Member of Supervisory Board | 4yrs | zł97.21k | no data | |
| Chairman of Supervisory Board | 3.08yrs | zł135.03k | 1.11% PLN 20.3m | |
| Vice Chairman of Supervisory Board | 3.08yrs | no data | no data | |
| Member of Supervisory Board | 3.08yrs | zł90.07k | no data | |
| Member of Supervisory Board | 3.08yrs | zł89.11k | no data |
3.1yrs
Average Tenure
Experienced Board: STP's board of directors are considered experienced (3.1 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
Stalprodukt S.A.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Stalprodukt S.A.
- Ticker: STP
- Exchange: WSE
- Founded: 1971
- Industry: Steel
- Sector: Materials
- Market Cap: zł1.830b
- Shares outstanding: 5.58m
- Website: https://www.stalprodukt.com.pl
Number of Employees
Location
- Stalprodukt S.A.
- ul. Wygoda 69
- Bochnia
- 32-700
- Poland
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| STP | WSE (Warsaw Stock Exchange) | Yes | Common Bearer Shares | PL | PLN | Aug 1997 |
| 0LYR | LSE (London Stock Exchange) | Yes | Common Bearer Shares | GB | PLN | Aug 1997 |
Biography
Stalprodukt S.A., together with its subsidiaries, manufactures and sells processed steel products in Poland. The company operates through three segments: Electrical Steels, Formed Profiles, and Zinc. It of...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/16 18:10 |
| End of Day Share Price | 2021/01/15 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.