WSE:CDA

Stock Analysis Report

Executive Summary

CDA S.A. provides VOD services in Poland.

Snowflake

Fundamentals

Flawless balance sheet and slightly overvalued.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

2.4%

CDA

-3.7%

PL Entertainment

1.1%

PL Market


1 Year Return

n/a

CDA

42.4%

PL Entertainment

-2.5%

PL Market

Return vs Industry: Insufficient data to determine how CDA performed against the Polish Entertainment industry.

Return vs Market: Insufficient data to determine how CDA performed against the Polish Market.


Shareholder returns

CDAIndustryMarket
7 Day2.4%-3.7%1.1%
30 Day2.9%-4.1%-0.5%
90 Day63.6%3.7%-6.7%
1 Yearn/a43.5%42.4%0.5%-2.5%
3 Yearn/a347.0%336.2%11.1%3.1%
5 Yearn/a949.9%898.9%-0.5%-12.6%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

21.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CDA (PLN10.8) is trading below our estimate of fair value (PLN13.79)

Significantly Below Fair Value: CDA is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: CDA is good value based on its PE Ratio (17.4x) compared to the Entertainment industry average (27.6x).

PE vs Market: CDA is poor value based on its PE Ratio (17.4x) compared to the Polish market (10.1x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: CDA is overvalued based on its PB Ratio (15.2x) compared to the PL Entertainment industry average (4.8x).


Next Steps

Future Growth

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

8.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CDA's forecast earnings growth (8.7% per year) is above the savings rate (2.9%).

Earnings vs Market: CDA's earnings (8.7% per year) are forecast to grow slower than the Polish market (10.7% per year).

High Growth Earnings: CDA's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if CDA's revenue is forecast to grow faster than the Polish market.

High Growth Revenue: Insufficient data to determine if CDA's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if CDA's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has CDA performed over the past 5 years?

74.2%

Last years earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if CDA's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.

Accelerating Growth: Unable to compare CDA's past year earnings growth to its 5-year average as it has been trading publicly for less than 3 years.

Earnings vs Industry: CDA earnings growth over the past year (74.2%) underperformed the Entertainment industry 61.6%.


Return on Equity

High ROE: CDA's Return on Equity (87.3%) is considered outstanding.


Return on Assets

ROA vs Industry: CDA has a higher Return on Assets than the Entertainment industry average last year.


Return on Capital Employed

ROCE Improving: Insufficient data to calculate CDA's Return on Capital Employed to determine if it has improved over the past 3 years.


Next Steps

Financial Health

How is CDA's financial position?


Financial Position Analysis

Short Term Liabilities: CDA's short term assets (PLN14.1M) exceeds its short term liabilities (PLN7.7M)

Long Term Liabilities: CDA's short term assets (14.1M) exceeds its long term liabilities (440.8K)


Debt to Equity History and Analysis

Debt Level: CDA is debt free.

Reducing Debt: CDA has not had any debt for past 5 years.

Debt Coverage: CDA has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: CDA has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: CDA has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if CDA's debt is covered by short term assets.


Next Steps

Dividend

What is CDA's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.7%markettop25%7.4%industryaverage1.8%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate CDA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate CDA's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if CDA's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CDA'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 CDA's dividend in 3 years as they are not forecast to pay a notable one for the Polish market.


Next Steps

Management

What is the CEO of CDA's salary, the management and board of directors tenure and is there insider trading?


CEO

CDA has no CEO, or we have no data on them.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team


    Board Members

    • Jaroslaw Cwiek

      Chairman of the Board

      • Tenure: 0yrs

    Company Information

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


    Key Information

    • Name: CDA S.A.
    • Ticker: CDA
    • Exchange: WSE
    • Founded:
    • Industry: Movies and Entertainment
    • Sector: Media
    • Market Cap: zł109.670m
    • Shares outstanding: 10.15m
    • Website: https://www.spolka.cda.pl

    Location

    • CDA S.A.
    • ul. H.Sienkiewicza 8A
    • Wroclaw
    • 50-335
    • Poland

    Listings

    TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
    CDAWSE (Warsaw Stock Exchange)YesShare CapitalPLPLNMay 2019

    Biography

    CDA S.A. provides VOD services in Poland. The company offers full-length movies and series in a paid subscription model under the CDA Premium brand; and free advertisement VOD model under the CDA Premium F ...


    Company Analysis and Financial Data Status

    All financial data provided by Standard & Poor's Capital IQ.
    DataLast Updated (UTC time)
    Company Analysis2019/10/21 22:16
    End of Day Share Price2019/10/21 00:00
    Earnings2019/06/30
    Annual Earnings2018/12/31


    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.