WSE:TBL

Stock Analysis Report

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Executive Summary

T-Bull S.A. engages in the design, manufacture, and distribution of games for mobile devices in Poland.


Snowflake Analysis

Adequate balance sheet with acceptable track record.

Share Price & News

How has T-Bull's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: TBL's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

32.1%

TBL

0.5%

PL Entertainment

-0.1%

PL Market


1 Year Return

15.4%

TBL

103.0%

PL Entertainment

-7.5%

PL Market

Return vs Industry: TBL underperformed the Polish Entertainment industry which returned 103% over the past year.

Return vs Market: TBL exceeded the Polish Market which returned -7.5% over the past year.


Shareholder returns

TBLIndustryMarket
7 Day32.1%0.5%-0.1%
30 Day-10.2%-1.8%2.0%
90 Day94.0%18.3%18.9%
1 Year15.4%15.4%103.3%103.0%-6.3%-7.5%
3 Year-82.3%-82.3%342.3%338.3%-18.4%-23.3%
5 Yearn/a1,039.9%1,006.4%-6.9%-17.6%

Price Volatility Vs. Market

How volatile is T-Bull's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is T-Bull undervalued compared to its fair value and its price relative to the market?

27.45x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate TBL's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate TBL's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: TBL is good value based on its PE Ratio (27.4x) compared to the PL Entertainment industry average (40.8x).

PE vs Market: TBL is poor value based on its PE Ratio (27.4x) compared to the Polish market (13.9x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: TBL is good value based on its PB Ratio (2x) compared to the PL Entertainment industry average (11.4x).


Next Steps

Future Growth

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

23.2%

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 T-Bull 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 T-Bull performed over the past 5 years?

-26.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TBL has a high level of non-cash earnings.

Growing Profit Margin: TBL's current net profit margins (18.8%) are higher than last year (6.1%).


Past Earnings Growth Analysis

Earnings Trend: TBL's earnings have declined by 26.2% per year over the past 5 years.

Accelerating Growth: TBL's earnings growth over the past year (194.5%) exceeds its 5-year average (-26.2% per year).

Earnings vs Industry: TBL earnings growth over the past year (194.5%) exceeded the Entertainment industry 44.5%.


Return on Equity

High ROE: TBL's Return on Equity (7.4%) is considered low.


Next Steps

Financial Health

How is T-Bull's financial position?


Financial Position Analysis

Short Term Liabilities: TBL's short term assets (PLN4.2M) exceed its short term liabilities (PLN483.0K).

Long Term Liabilities: TBL's short term assets (PLN4.2M) do not cover its long term liabilities (PLN5.8M).


Debt to Equity History and Analysis

Debt Level: TBL's debt to equity ratio (16.7%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if TBL's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: TBL's debt is well covered by operating cash flow (325.9%).

Interest Coverage: TBL's interest payments on its debt are well covered by EBIT (10.4x coverage).


Balance Sheet


Next Steps

Dividend

What is T-Bull current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

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


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Grzegorz Zwolinski

no data

Tenure

Mr. Grzegorz Zwolinski is a Co-Founder of T-Bull S.A and serves as its President of the Management Board and has been its Chief Operating Officer. Mr. Zwolinski served as Chairman of the Board at T-Bull S. ...


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

T-Bull S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: T-Bull S.A.
  • Ticker: TBL
  • Exchange: WSE
  • Founded:
  • Industry: Interactive Home Entertainment
  • Sector: Media
  • Market Cap: zł33.930m
  • Shares outstanding: 1.16m
  • Website: https://t-bull.com

Number of Employees


Location

  • T-Bull S.A.
  • ul. Szczesliwa 33/2.B.09
  • Wroclaw
  • 53-445
  • Poland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TBLWSE (Warsaw Stock Exchange)YesBearer SharesPLPLNNov 2016
TBUBST (Boerse-Stuttgart)YesBearer SharesDEEURNov 2016

Biography

T-Bull S.A. engages in the design, manufacture, and distribution of games for mobile devices in Poland. The company’s games include Tank Battle Heroes, Idle Racing GO, Top Speed, Moto Rider GO, Traffic Xtr ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/06 21:37
End of Day Share Price2020/08/06 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.