WSE:ATG

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

ATM Grupa S.A. operates as an independent television and film production company in Poland, Europe, North America, and South America.


Snowflake Analysis

Excellent balance sheet second-rate dividend payer.

Share Price & News

How has ATM Grupa's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ATG has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

2.3%

ATG

-2.6%

PL Entertainment

1.6%

PL Market


1 Year Return

-6.9%

ATG

92.3%

PL Entertainment

-3.8%

PL Market

Return vs Industry: ATG underperformed the Polish Entertainment industry which returned 100.3% over the past year.

Return vs Market: ATG underperformed the Polish Market which returned -4.8% over the past year.


Shareholder returns

ATGIndustryMarket
7 Day2.3%-2.6%1.6%
30 Day-2.8%6.1%3.1%
90 Day18.8%15.1%20.8%
1 Year-5.2%-6.9%92.6%92.3%-3.0%-3.8%
3 Year23.4%9.5%333.3%328.9%-16.8%-21.8%
5 Year76.1%40.0%1,033.6%997.8%-5.0%-15.9%

Price Volatility Vs. Market

How volatile is ATM Grupa's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is ATM Grupa undervalued compared to its fair value and its price relative to the market?

13.86x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: ATG (PLN4.48) is trading above our estimate of fair value (PLN2.91)

Significantly Below Fair Value: ATG is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: ATG is good value based on its PE Ratio (13.9x) compared to the PL Entertainment industry average (44.6x).

PE vs Market: ATG is poor value based on its PE Ratio (13.9x) compared to the Polish market (13.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ATG's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ATG is good value based on its PB Ratio (1.4x) compared to the PL Entertainment industry average (11x).


Next Steps

Future Growth

How is ATM Grupa forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

24.6%

Forecasted Media 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 ATM Grupa 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 ATM Grupa performed over the past 5 years?

13.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ATG has high quality earnings.

Growing Profit Margin: ATG's current net profit margins (11.1%) are lower than last year (12.5%).


Past Earnings Growth Analysis

Earnings Trend: ATG's earnings have grown by 13.9% per year over the past 5 years.

Accelerating Growth: ATG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ATG had negative earnings growth (-1.3%) over the past year, making it difficult to compare to the Entertainment industry average (44.5%).


Return on Equity

High ROE: ATG's Return on Equity (10.6%) is considered low.


Next Steps

Financial Health

How is ATM Grupa's financial position?


Financial Position Analysis

Short Term Liabilities: ATG's short term assets (PLN155.8M) exceed its short term liabilities (PLN60.5M).

Long Term Liabilities: ATG's short term assets (PLN155.8M) exceed its long term liabilities (PLN43.3M).


Debt to Equity History and Analysis

Debt Level: ATG's debt to equity ratio (10.8%) is considered satisfactory.

Reducing Debt: ATG's debt to equity ratio has increased from 8.5% to 10.8% over the past 5 years.

Debt Coverage: ATG's debt is well covered by operating cash flow (40.2%).

Interest Coverage: ATG's interest payments on its debt are well covered by EBIT (32.2x coverage).


Balance Sheet


Next Steps

Dividend

What is ATM Grupa current dividend yield, its reliability and sustainability?

5.13%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ATG's dividend (5.13%) is higher than the bottom 25% of dividend payers in the Polish market (1.69%).

High Dividend: ATG's dividend (5.13%) is low compared to the top 25% of dividend payers in the Polish market (5.98%).


Stability and Growth of Payments

Stable Dividend: ATG's dividend payments have been volatile in the past 10 years.

Growing Dividend: ATG's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (71.1%), ATG's dividend payments are 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?

9.2yrs

Average management tenure


CEO

Andrzej Muszynski

9.17yrs

Tenure

Mr. Andrzej Muszynski has been President of Executive Board at ATM Grupa S.A.since june 27,2011 and has been its Member of the Executive Board since 2009. Since 2007, Mr. Muszynski has been the Owner and C ...


Leadership Team

NamePositionTenureCompensationOwnership
Andrzej Muszynski
President of Management Board 9.17yrsno datano data
Grazyna Golebiowska
Financial Director & Member of Management Boardno datano datano data
Pawel Tobiasz
Economics Director & Member of Management Board17.58yrsno datano data
Przemyslaw Kmiotek
Member of Management Board6.25yrsno datano data
Adriana Salamon
Chief Accountantno datano datano data
Corinne Zema
Head of Sales Departamentno datano datano data

9.2yrs

Average Tenure

Experienced Management: ATG's management team is seasoned and experienced (9.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Marcin Michalak
Vice President of Supervisory Boardno datano datano data
Tomasz Kurzewski
President of Supervisory Board9.17yrsno datano data
Katarzyna Beuch
Independent Member of Supervisory Board0.58yrno datano data
Barbara Pietkiewicz
Member of Supervisory Boardno datano datano data
Artur Hoffman
Member of Supervisory Board6.58yrsno datano data

6.6yrs

Average Tenure

Experienced Board: ATG's board of directors are considered experienced (6.6 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

ATM Grupa S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: ATM Grupa S.A.
  • Ticker: ATG
  • Exchange: WSE
  • Founded: 1992
  • Industry: Movies and Entertainment
  • Sector: Media
  • Market Cap: zł377.664m
  • Shares outstanding: 84.30m
  • Website: https://www.atmgrupa.pl

Location

  • ATM Grupa S.A.
  • ul. Dwa Swiaty 1
  • Bielany Wroclawskie
  • 55-040
  • Poland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ATGWSE (Warsaw Stock Exchange)YesBearer Common SharesPLPLNFeb 2004
0LRFLSE (London Stock Exchange)YesBearer Common SharesGBPLNFeb 2004

Biography

ATM Grupa S.A. operates as an independent television and film production company in Poland, Europe, North America, and South America. It produces music, current affairs, game, comedy, reality, crime, and p ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/15 02:54
End of Day Share Price2020/08/14 00:00
Earnings2020/03/31
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.