ZAP Stock Overview
Zaklady Azotowe Pulawy S.A. manufactures and sells fertilizer and chemical products worldwide.
Zaklady Azotowe Pulawy Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||zł72.40|
|52 Week High||zł93.40|
|52 Week Low||zł65.00|
|1 Month Change||-8.59%|
|3 Month Change||-13.81%|
|1 Year Change||-18.65%|
|3 Year Change||-20.61%|
|5 Year Change||-61.49%|
|Change since IPO||33.83%|
Recent News & Updates
Is Zaklady Azotowe Pulawy (WSE:ZAP) A Risky Investment?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
|ZAP||PL Chemicals||PL Market|
Return vs Industry: ZAP underperformed the Polish Chemicals industry which returned 1.3% over the past year.
Return vs Market: ZAP exceeded the Polish Market which returned -20.9% over the past year.
|ZAP Average Weekly Movement||4.2%|
|Chemicals Industry Average Movement||5.2%|
|Market Average Movement||6.3%|
|10% most volatile stocks in PL Market||12.1%|
|10% least volatile stocks in PL Market||4.2%|
Stable Share Price: ZAP is less volatile than 75% of Polish stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: ZAP's weekly volatility (4%) has been stable over the past year.
About the Company
Zaklady Azotowe Pulawy S.A. manufactures and sells fertilizer and chemical products worldwide. Its fertilizers include ammonium nitrate under the PULAN name; Pulan Macro, a white to beige granular fertilizer; urea-ammonium nitrate solution under the UAN name; ammonium sulphate under the PULSAR name; urea-ammonium nitrate solution with sulphur under the UAN+S name; PULASKA, a solution of nitrogen fertilizer containing sulphur; and urea-ammonium sulfate under the PULGRAN S name. The company also offers chemical products, such as COOLANT, a dry ice; hydrogen peroxide; anhydrous ammonia, compressed hydrogen, liquefied carbon dioxide, and nitric acid that are used for various applications in the chemical industry; caprolactam used for industrial production of solid and liquid formulations; melamine for manufacturing a range of synthetic resins; LIKAM, an ammonia water solution that are used in power generation, tanning, agricultural, rubber, dye, organic, and glass industries, as well as for use in as pH control agent; NOXy, a urea water solution used in automotive industry; and PULNOx that is used as a reducing agent in vehicle emissions control technologies.
Zaklady Azotowe Pulawy Fundamentals Summary
|ZAP fundamental statistics|
Is ZAP overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ZAP income statement (TTM)|
|Cost of Revenue||zł5.70b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
Sep 07, 2022
|Earnings per share (EPS)||33.06|
|Net Profit Margin||8.81%|
How did ZAP perform over the long term?See historical performance and comparison
9.1%Current Dividend Yield
Is ZAP undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for ZAP?
Other financial metrics that can be useful for relative valuation.
|What is ZAP's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does ZAP's PE Ratio compare to its peers?
|ZAP PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
ATT Grupa Azoty
PCE Grupa Azoty Zaklady Chemiczne Police
PCR PCC Rokita
SKA Fabryka Farb i Lakierów Sniezka
ZAP Zaklady Azotowe Pulawy
Price-To-Earnings vs Peers: ZAP is good value based on its Price-To-Earnings Ratio (2.2x) compared to the peer average (9x).
Price to Earnings Ratio vs Industry
How does ZAP's PE Ratio compare vs other companies in the European Chemicals Industry?
Price-To-Earnings vs Industry: ZAP is good value based on its Price-To-Earnings Ratio (2.2x) compared to the Polish Chemicals industry average (7.4x)
Price to Earnings Ratio vs Fair Ratio
What is ZAP's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||2.2x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate ZAP's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of ZAP when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: ZAP (PLN72.4) is trading below our estimate of fair value (PLN9398.06)
Significantly Below Fair Value: ZAP is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is Zaklady Azotowe Pulawy forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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 Zaklady Azotowe Pulawy 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.
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- Examine whether Zaklady Azotowe Pulawy is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Zaklady Azotowe Pulawy competitive advantages and company strategy can generally be found in its financial reports archived here.
How has Zaklady Azotowe Pulawy performed over the past 5 years?
Past Performance Score4/6
Past Performance Score 4/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ZAP has a large one-off loss of PLN268.7M impacting its March 31 2022 financial results.
Growing Profit Margin: ZAP's current net profit margins (8.8%) are higher than last year (5.2%).
Past Earnings Growth Analysis
Earnings Trend: ZAP's earnings have grown by 9.3% per year over the past 5 years.
Accelerating Growth: ZAP's earnings growth over the past year (275.3%) exceeds its 5-year average (9.3% per year).
Earnings vs Industry: ZAP earnings growth over the past year (275.3%) exceeded the Chemicals industry 117.8%.
Return on Equity
High ROE: ZAP's Return on Equity (14.9%) is considered low.
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How is Zaklady Azotowe Pulawy's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: ZAP's short term assets (PLN3.6B) exceed its short term liabilities (PLN3.0B).
Long Term Liabilities: ZAP's short term assets (PLN3.6B) exceed its long term liabilities (PLN488.2M).
Debt to Equity History and Analysis
Debt Level: ZAP has more cash than its total debt.
Reducing Debt: ZAP's debt to equity ratio has increased from 1.5% to 2.5% over the past 5 years.
Debt Coverage: ZAP's debt is well covered by operating cash flow (2029.6%).
Interest Coverage: ZAP's interest payments on its debt are well covered by EBIT (122.3x coverage).
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What is Zaklady Azotowe Pulawy current dividend yield, its reliability and sustainability?
Dividend Score 5/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ZAP's dividend (9.12%) is higher than the bottom 25% of dividend payers in the Polish market (2.69%).
High Dividend: ZAP's dividend (9.12%) is in the top 25% of dividend payers in the Polish market (8.78%)
Stability and Growth of Payments
Stable Dividend: ZAP's dividend payments have been volatile in the past 10 years.
Growing Dividend: ZAP's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20%), ZAP's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (9.7%), ZAP's dividend payments are thoroughly covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Mr. Tomasz Hryniewicz serves as President of the Management Board at Zaklady Azotowe Pulawy S.A. He has been Chairman of the Board at Zaklady Azotowe Pulawy S.A. He has been Member of Management Board at G...
CEO Compensation Analysis
Compensation vs Market: Tomasz's total compensation ($USD6.70K) is below average for companies of similar size in the Polish market ($USD349.10K).
Compensation vs Earnings: Tomasz's compensation has increased by more than 20% in the past year.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Zaklady Azotowe Pulawy S.A.'s employee growth, exchange listings and data sources
- Name: Zaklady Azotowe Pulawy S.A.
- Ticker: ZAP
- Exchange: WSE
- Founded: 1960
- Industry: Fertilizers and Agricultural Chemicals
- Sector: Materials
- Implied Market Cap: zł1.384b
- Shares outstanding: 19.12m
- Website: https://www.pulawy.com
Number of Employees
- Zaklady Azotowe Pulawy S.A.
- Al. Tysiaclecia Panstwa Polskiego 13
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/17 00:00|
|End of Day Share Price||2022/08/17 00:00|
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.