WSE:2CP

Stock Analysis Report

Executive Summary

2C Partners S.A. engages in the acquisition, investment, and sale of real estate properties in Poland.

Snowflake

Fundamentals

Weak fundamentals or lack of information.

Share Price & News

How has 2C Partners's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

2CP

-1.4%

PL Real Estate

2.1%

PL Market


1 Year Return

-43.8%

2CP

0.8%

PL Real Estate

-2.7%

PL Market

Return vs Industry: 2CP underperformed the Polish Real Estate industry which returned 0.8% over the past year.

Return vs Market: 2CP underperformed the Polish Market which returned -2.7% over the past year.


Shareholder returns

2CPIndustryMarket
7 Day0%-1.4%2.1%
30 Day0%-1.6%-1.6%
90 Day12.5%-1.4%-6.9%
1 Year-43.8%-43.8%7.1%0.8%0.2%-2.7%
3 Year-83.0%-83.0%-21.0%-29.1%12.1%4.1%
5 Year-96.4%-96.4%29.9%-1.3%-0.5%-12.5%

Price Volatility Vs. Market

How volatile is 2C Partners's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is 2C Partners undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether 2C Partners is trading at an attractive price based on the cash flow it is expected to produce in the future. But as 2C Partners has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of 2CP’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through 2C Partners regulatory filings.
  • Explore potentially undervalued companies in the Real Estate industry.

Future Growth

How is 2C Partners forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

3.8%

Forecasted Real Estate 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 2C Partners 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 2C Partners performed over the past 5 years?

-75.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 2CP is unprofitable, and losses have increased over the past 5 years at a rate of -75.8% per year.

Accelerating Growth: Unable to compare 2CP's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 2CP is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (-1.4%).


Return on Equity

High ROE: 2CP's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets

ROA vs Industry: 2CP is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: 2CP is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is 2C Partners's financial position?


Financial Position Analysis

Short Term Liabilities: 2CP has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: 2CP has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: 2CP has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: 2CP's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

Inventory Level: 2CP has a high level of physical assets or inventory.

Debt Coverage by Assets: 2CP has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: 2CP has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: 2CP has less than a year of cash runway if free cash flow continues to reduce at historical rates of -95.6% each year


Next Steps

Dividend

What is 2C Partners's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.6%markettop25%7.2%industryaverage6.0%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate 2CP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 2CP'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 2CP's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 2CP'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 2CP'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 2C Partners's salary, the management and board of directors tenure and is there insider trading?


CEO

Lukasz Tylec 0

0yrs

Tenure

0

Mr. Lukasz Pawel Tylec serves as the President of the Management Board at 2C Partners S.A. 


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

  • Michal Owskiewski

    Vice President of Management Board

    • Tenure: 0yrs
  • Lukasz Tylec

    President of Management Board

    • Tenure: 0yrs

Board Members

  • Piotr Mazurkiewicz

    Member of Supervisory Board

    • Tenure: 0yrs
  • Aneta Antoniewicz

    Chairman of Supervisory Board

    • Tenure: 0yrs
  • Magdalena Tylec

    Member of Supervisory Board

    • Tenure: 0yrs
  • Michal Wisniewski

    Member of Supervisory Board

    • Tenure: 0yrs
  • Zbigniew Owsiewski

    Member of Supervisory Board

    • Tenure: 0yrs

Company Information

2C Partners S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: 2C Partners S.A.
  • Ticker: 2CP
  • Exchange: WSE
  • Founded: 2006
  • Industry: Real Estate Operating Companies
  • Sector: Real Estate
  • Market Cap: zł1.040m
  • Shares outstanding: 11.56m
  • Website: https://www.2cp.pl

Location

  • 2C Partners S.A.
  • ul. Przy Bazantarni
  • 11th Floor
  • Warsaw
  • 02-793
  • Poland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
2CPWSE (Warsaw Stock Exchange)YesBearer SharesPLPLNMay 2014

Biography

2C Partners S.A. engages in the acquisition, investment, and sale of real estate properties in Poland. It purchases, revitalizes, restructures, and sells residential properties. The company was founded in  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/17 21:17
End of Day Share Price2019/09/02 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.