Executive Summary
Cyfrowy Polsat S.A. provides digital satellite platform, digital terrestrial television (TV), and telecommunication services in Poland. More Details
Rewards
Risk Analysis
Earnings are forecast to decline by an average of 22.8% per year for the next 3 years
Snowflake Analysis
Adequate balance sheet with proven track record and pays a dividend.
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
Stable Share Price: CPS is less volatile than 75% of Polish stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: CPS's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
1.9%
CPS
0.2%
PL Media
1.2%
PL Market
1 Year Return
16.6%
CPS
19.0%
PL Media
28.1%
PL Market
Return vs Industry: CPS underperformed the Polish Media industry which returned 19% over the past year.
Return vs Market: CPS underperformed the Polish Market which returned 28.1% over the past year.
Shareholder returns
| CPS | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.9% | 0.2% | 1.2% |
| 30 Day | 10.1% | 7.7% | 0.3% |
| 90 Day | 16.3% | 14.0% | 8.5% |
| 1 Year | 21.1%16.6% | 23.5%19.0% | 30.7%28.1% |
| 3 Year | 54.4%44.1% | 45.5%36.2% | 13.9%7.8% |
| 5 Year | 51.4%39.5% | 48.2%36.5% | 30.5%18.1% |
Long-Term 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
3 days ago | Simply Wall St
Cyfrowy Polsat S.A.'s (WSE:CPS) Intrinsic Value Is Potentially 31% Above Its Share Price2 weeks ago | Simply Wall St
Did You Miss Cyfrowy Polsat's (WSE:CPS) 37% Share Price Gain?1 month ago | Simply Wall St
What Kind Of Shareholders Hold The Majority In Cyfrowy Polsat S.A.'s (WSE:CPS) Shares?Valuation
Is Cyfrowy Polsat undervalued compared to its fair value and its price relative to the market?
24.3%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CPS (PLN33.7) is trading below our estimate of fair value (PLN44.54)
Significantly Below Fair Value: CPS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CPS is poor value based on its PE Ratio (16x) compared to the Polish Media industry average (12.6x).
PE vs Market: CPS is poor value based on its PE Ratio (16x) compared to the Polish market (14.5x).
Price to Earnings Growth Ratio
PEG Ratio: CPS's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: CPS is good value based on its PB Ratio (1.5x) compared to the PL Media industry average (2x).
Future Growth
How is Cyfrowy Polsat forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
-22.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CPS's earnings are forecast to decline over the next 3 years (-22.8% per year).
Earnings vs Market: CPS's earnings are forecast to decline over the next 3 years (-22.8% per year).
High Growth Earnings: CPS's earnings are forecast to decline over the next 3 years.
Revenue vs Market: CPS's revenue (1.9% per year) is forecast to grow slower than the Polish market (7.9% per year).
High Growth Revenue: CPS's revenue (1.9% 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 (8.4%).
Past Performance
How has Cyfrowy Polsat performed over the past 5 years?
0.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CPS has high quality earnings.
Growing Profit Margin: CPS's current net profit margins (11.1%) are higher than last year (8.4%).
Past Earnings Growth Analysis
Earnings Trend: CPS's earnings have grown by 0.3% per year over the past 5 years.
Accelerating Growth: CPS's earnings growth over the past year (36.1%) exceeds its 5-year average (0.3% per year).
Earnings vs Industry: CPS earnings growth over the past year (36.1%) underperformed the Media industry 56.2%.
Return on Equity
High ROE: CPS's Return on Equity (8.8%) is considered low.
Financial Health
How is Cyfrowy Polsat's financial position?
Financial Position Analysis
Short Term Liabilities: CPS's short term assets (PLN8.7B) exceed its short term liabilities (PLN5.3B).
Long Term Liabilities: CPS's short term assets (PLN8.7B) do not cover its long term liabilities (PLN12.3B).
Debt to Equity History and Analysis
Debt Level: CPS's debt to equity ratio (76%) is considered high.
Reducing Debt: CPS's debt to equity ratio has reduced from 133.1% to 76% over the past 5 years.
Debt Coverage: CPS's debt is well covered by operating cash flow (28.8%).
Interest Coverage: CPS's interest payments on its debt are well covered by EBIT (6.4x coverage).
Balance Sheet
Dividend
What is Cyfrowy Polsat current dividend yield, its reliability and sustainability?
3.56%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: CPS's dividend (3.56%) is higher than the bottom 25% of dividend payers in the Polish market (2.06%).
High Dividend: CPS's dividend (3.56%) is low compared to the top 25% of dividend payers in the Polish market (5.88%).
Stability and Growth of Payments
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 (56.9%), 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 covered by earnings (60.3% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.6yrs
Average management tenure
CEO
Miroslaw Blaszczyk
2.33yrs
Tenure
zł3,000,000
Compensation
Mr. Miroslaw Blaszczyk has been President 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...
CEO Compensation Analysis
Compensation vs Market: Miroslaw's total compensation ($USD781.07K) is about average for companies of similar size in the Polish market ($USD781.51K).
Compensation vs Earnings: Miroslaw's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: CPS's management team is considered experienced (3.6 years average tenure).
Board Members
Experienced Board: CPS's board of directors are considered experienced (3.2 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
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: zł21.553b
- Shares outstanding: 639.55m
- Website: https://www.cyfrowypolsat.pl
Number of Employees
Location
- Cyfrowy Polsat S.A.
- Lubinowa 4a
- Warsaw
- 03-878
- Poland
Listings
Biography
Cyfrowy Polsat S.A. provides digital satellite platform, digital terrestrial television (TV), and telecommunication services in Poland. The company operates in two segments, B2C and B2B Services, and Media...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/08/04 21:41 |
| End of Day Share Price | 2021/08/04 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2020/12/31 |
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.