Executive Summary
Cyfrowy Polsat S.A. provides digital satellite platform, digital terrestrial television (TV), and telecommunication services in Poland.
Snowflake
Fundamentals
Average dividend payer with mediocre balance sheet.
Similar Companies
Share Price & News
How has Cyfrowy Polsat's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
0%
CPS
3.7%
PL Media
1.9%
PL Market
1 Year Return
19.4%
CPS
18.0%
PL Media
0.2%
PL Market
Return vs Industry: CPS exceeded the Polish Media industry which returned 18% over the past year.
Return vs Market: CPS exceeded the Polish Market which returned 0.2% over the past year.
Shareholder returns
| CPS | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | 3.7% | 1.9% |
| 30 Day | 7.4% | 2.0% | 0.5% |
| 90 Day | -7.6% | -8.3% | -5.7% |
| 1 Year | 23.2%19.4% | 21.6%18.0% | 3.3%0.2% |
| 3 Year | 15.5%10.6% | 14.0%8.9% | 12.3%4.3% |
| 5 Year | 13.7%8.9% | 8.4%3.0% | 0.2%-12.0% |
Price Volatility Vs. Market
How volatile is Cyfrowy Polsat's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 months ago | Simply Wall St
Should You Worry About Cyfrowy Polsat S.A.'s (WSE:CPS) CEO Salary Level?10 months ago | Simply Wall St
A Closer Look At Cyfrowy Polsat S.A.'s (WSE:CPS) Uninspiring ROE1 year ago | Simply Wall St
Cyfrowy Polsat SA (WSE:CPS): A Look At Return On CapitalValuation
Is Cyfrowy Polsat undervalued compared to its fair value and its price relative to the market?
35.2%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CPS (PLN27.44) is trading below our estimate of fair value (PLN42.36)
Significantly Below Fair Value: CPS is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: CPS is poor value based on its PE Ratio (20.6x) compared to the Media industry average (17.6x).
PE vs Market: CPS is poor value based on its PE Ratio (20.6x) compared to the Polish market (10.1x).
Price to Earnings Growth Ratio
PEG Ratio: CPS is poor value based on its PEG Ratio (2x)
Price to Book Ratio
PB vs Industry: CPS is overvalued based on its PB Ratio (1.3x) compared to the PL Media industry average (0.9x).
Next Steps
Future Growth
How is Cyfrowy Polsat forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
10.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CPS's forecast earnings growth (10.3% per year) is above the savings rate (2.9%).
Earnings vs Market: CPS's earnings (10.3% per year) are forecast to grow slower than the Polish market (10.6% per year).
High Growth Earnings: CPS's earnings are forecast to grow, but not significantly.
Revenue vs Market: CPS's revenue (1.3% per year) is forecast to grow slower than the Polish market (5.8% per year).
High Growth Revenue: CPS's revenue (1.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CPS's Return on Equity is forecast to be low in 3 years time (9.9%).
Next Steps
Past Performance
How has Cyfrowy Polsat performed over the past 5 years?
9.8%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: CPS's earnings have grown by 9.8% per year over the past 5 years.
Accelerating Growth: CPS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CPS had negative earnings growth (-9.9%) over the past year, making it difficult to compare to the Media industry average (14.3%).
Return on Equity
High ROE: CPS's Return on Equity (6.2%) is considered low.
Return on Assets
ROA vs Industry: CPS has a higher Return on Assets than the Media industry average last year.
Return on Capital Employed
ROCE Improving: CPS's Return on Capital Employed has declined over the past 3 years.
Next Steps
Financial Health
How is Cyfrowy Polsat's financial position?
Financial Position Analysis
Short Term Liabilities: CPS's short term assets (PLN4.9B) do not cover its short term liabilities (PLN5.4B)
Long Term Liabilities: CPS's short term assets (4.9B) do not cover its long term liabilities (12.0B)
Debt to Equity History and Analysis
Debt Level: CPS's debt to equity ratio (74.6%) is considered high
Reducing Debt: CPS's debt to equity ratio has reduced from 158.1% to 74.6% over the past 5 years.
Debt Coverage: CPS's debt is well covered by operating cash flow (31.3%).
Interest Coverage: CPS's interest payments on its debt are well covered by EBIT (4.7x coverage).
Balance Sheet
Inventory Level: CPS has a high level of physical assets or inventory.
Debt Coverage by Assets: CPS's debt is not covered by short term assets (assets are 0.5x debt).
Next Steps
Dividend
What is Cyfrowy Polsat's current dividend yield, its reliability and sustainability?
3.39%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: CPS's dividend (3.39%) is higher than the bottom 25% of dividend payers in the Polish market (2.73%).
High Dividend: CPS's dividend (3.39%) is low compared to the top 25% of dividend payers in the Polish market (7.24%).
Stable Dividend: CPS's dividend payments have been volatile in the past 10 years.
Growing Dividend: CPS's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (69.8%), CPS's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CPS's dividends in 3 years are forecast to be well covered by earnings (48.7% payout ratio).
Next Steps
Management
What is the CEO of Cyfrowy Polsat's salary, the management and board of directors tenure and is there insider trading?
1.8yrs
Average management tenure
CEO
Miroslaw Blaszczyk 0
0.5yrs
Tenure
Mr. Miroslaw Blaszczyk has been Chairman of the Management Board at Cyfrowy Polsat SA. since April 01, 2019. He is also President of the Management Board of Polkomtel (since April 2019), Supervisory Board ...
Management Age and Tenure
1.8yrs
Average Tenure
Experienced Management: CPS's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Age and Tenure
4.5yrs
Average Tenure
Experienced Board: CPS's board of directors are considered experienced (4.5 years average tenure).
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
Aneta Jaskólska
Member of the Management Board
- Tenure: 9.3yrs
- Compensation: zł2.40m
Maciej Stec
Vice Chairman of the Management Board
- Tenure: 0.5yrs
- Compensation: zł2.60m
Jacek Felczykowski
Member of Management Board
- Tenure: 0.5yrs
Agnieszka Odorowicz
Member of the Management Board
- Tenure: 3.6yrs
- Compensation: zł1.40m
Katarzyna Ostap-Tomann
CFO & Member of the Management Board
- Tenure: 3yrs
- Compensation: zł2.60m
Miroslaw Blaszczyk
Chairman of the Management Board
- Tenure: 0.5yrs
Agnieszka Szatan
Chief Accountant
- Tenure: 0yrs
Board Members
Robert Gwiazdowski
Independent Member of the Supervisory Board
- Tenure: 11.3yrs
Leszek Reksa
Independent Member of the Supervisory Board
- Tenure: 11.3yrs
Aleksander Myszka
Member of the Supervisory Board
- Tenure: 4.5yrs
Józef Birka
Member of the Supervisory Board
- Tenure: 4.5yrs
Tomasz Szelag
Member of the Supervisory Board
- Tenure: 3yrs
Marek Kapuscinski
Chairman of the Supervisory Board
- Tenure: 3yrs
Piotr Zak
Member of the Supervisory Board
- Tenure: 1.3yrs
Company Information
Cyfrowy Polsat S.A.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Cyfrowy Polsat S.A.
- Ticker: CPS
- Exchange: WSE
- Founded: 1996
- Industry: Cable and Satellite
- Sector: Media
- Market Cap: zł17.549b
- Shares outstanding: 639.55m
- Website: https://www.cyfrowypolsat.pl
Number of Employees
Location
- Cyfrowy Polsat S.A.
- Lubinowa 4a
- Warsaw
- 03-878
- Poland
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CPS | WSE (Warsaw Stock Exchange) | Yes | Ordinary Bearer Shares | PL | PLN | May 2008 |
| 0MNQ | LSE (London Stock Exchange) | Yes | Ordinary Bearer Shares | GB | PLN | May 2008 |
| CP9 | DB (Deutsche Boerse AG) | Yes | Ordinary Bearer Shares | DE | EUR | May 2008 |
Biography
Cyfrowy Polsat S.A. provides digital satellite platform, digital terrestrial television (TV), and telecommunication services in Poland. The company operates through two segments, Services to Individual and ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/23 21:01 |
| End of Day Share Price | 2019/10/23 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.