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INP

Inpro WSE:INP Stock Report

Last Price

zł5.05

Market Cap

zł202.2m

7D

-5.6%

1Y

-38.4%

Updated

17 Aug, 2022

Data

Company Financials
INP fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance2/6
Financial Health4/6
Dividends3/6

INP Stock Overview

Inpro S.A. engages in the construction and sale of residential and commercial real estate properties in Poland.

Inpro Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Inpro
Historical stock prices
Current Share Pricezł5.05
52 Week Highzł8.80
52 Week Lowzł4.94
Beta0.36
1 Month Change1.41%
3 Month Change-25.19%
1 Year Change-38.42%
3 Year Change0%
5 Year Change1.00%
Change since IPO-29.07%

Recent News & Updates

Jul 15
Inpro (WSE:INP) Is Paying Out Less In Dividends Than Last Year

Inpro (WSE:INP) Is Paying Out Less In Dividends Than Last Year

Inpro S.A. ( WSE:INP ) is reducing its dividend from last year's comparable payment to PLN0.25 on the 12th of August...

Jun 03
Inpro's (WSE:INP) Shareholders Will Receive A Smaller Dividend Than Last Year

Inpro's (WSE:INP) Shareholders Will Receive A Smaller Dividend Than Last Year

The board of Inpro S.A. ( WSE:INP ) has announced that the dividend on 12th of August will be reduced by 50% to zł0.25...

Shareholder Returns

INPPL Real EstatePL Market
7D-5.6%1.0%-0.1%
1Y-38.4%-14.4%-22.3%

Return vs Industry: INP underperformed the Polish Real Estate industry which returned -15% over the past year.

Return vs Market: INP underperformed the Polish Market which returned -20.9% over the past year.

Price Volatility

Is INP's price volatile compared to industry and market?
INP volatility
INP Average Weekly Movement7.2%
Real Estate Industry Average Movement6.6%
Market Average Movement6.3%
10% most volatile stocks in PL Market12.1%
10% least volatile stocks in PL Market4.2%

Stable Share Price: INP is not significantly more volatile than the rest of Polish stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: INP's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1987276Krzysztof Maraszekhttps://www.inpro.com.pl

Inpro S.A. engages in the construction and sale of residential and commercial real estate properties in Poland. It develops multi-family buildings, such as flats and apartments; and single-family houses, including detached, semi-detached, and terraced houses. The company also manufactures precast and reinforced concrete, and steel items for the civil engineering, industrial, and municipal construction industry; and rents and manages its own properties.

Inpro Fundamentals Summary

How do Inpro's earnings and revenue compare to its market cap?
INP fundamental statistics
Market Capzł202.20m
Earnings (TTM)zł39.99m
Revenue (TTM)zł328.93m

5.1x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
INP income statement (TTM)
Revenuezł328.93m
Cost of Revenuezł224.76m
Gross Profitzł104.17m
Other Expenseszł64.18m
Earningszł39.99m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Sep 14, 2022

Earnings per share (EPS)1.00
Gross Margin31.67%
Net Profit Margin12.16%
Debt/Equity Ratio26.5%

How did INP perform over the long term?

See historical performance and comparison

Dividends

5.0%

Current Dividend Yield

25%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is INP undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for INP?

Other financial metrics that can be useful for relative valuation.

INP key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.9x
Enterprise Value/EBITDA4.1x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does INP's PE Ratio compare to its peers?

INP PE Ratio vs Peers
The above table shows the PE ratio for INP vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average4.3x
MVP Marvipol Development
2.1xn/azł244.1m
LKD Lokum Deweloper
5.4x1.4%zł286.2m
RNK Rank Progress
3.7xn/azł59.8m
EDI ED Invest Spólka Akcyjna
5.6xn/azł33.3m
INP Inpro
5.1xn/azł202.2m

Price-To-Earnings vs Peers: INP is expensive based on its Price-To-Earnings Ratio (5.1x) compared to the peer average (4.3x).


Price to Earnings Ratio vs Industry

How does INP's PE Ratio compare vs other companies in the PL Real Estate Industry?

Price-To-Earnings vs Industry: INP is good value based on its Price-To-Earnings Ratio (5.1x) compared to the Polish Real Estate industry average (5.3x)


Price to Earnings Ratio vs Fair Ratio

What is INP's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

INP PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio5.1x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate INP's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of INP when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: INP (PLN5.05) is trading above our estimate of fair value (PLN3.53)

Significantly Below Fair Value: INP is trading above our estimate of fair value.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-3.3%

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 Inpro 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.


Discover growth companies

  • Examine Inpro's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  • Inpro competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Inpro performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


15.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: INP has high quality earnings.

Growing Profit Margin: INP's current net profit margins (12.2%) are lower than last year (17%).


Past Earnings Growth Analysis

Earnings Trend: INP's earnings have grown by 15.5% per year over the past 5 years.

Accelerating Growth: INP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: INP had negative earnings growth (-33.9%) over the past year, making it difficult to compare to the Real Estate industry average (15.3%).


Return on Equity

High ROE: INP's Return on Equity (11.3%) is considered low.


Discover strong past performing companies

Financial Health

How is Inpro's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: INP's short term assets (PLN593.6M) exceed its short term liabilities (PLN230.7M).

Long Term Liabilities: INP's short term assets (PLN593.6M) exceed its long term liabilities (PLN96.8M).


Debt to Equity History and Analysis

Debt Level: INP's net debt to equity ratio (12%) is considered satisfactory.

Reducing Debt: INP's debt to equity ratio has increased from 22% to 26.5% over the past 5 years.

Debt Coverage: INP's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: INP's interest payments on its debt are well covered by EBIT (21.9x coverage).


Balance Sheet


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Dividend

What is Inpro current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


4.95%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: INP's dividend (4.95%) is higher than the bottom 25% of dividend payers in the Polish market (2.69%).

High Dividend: INP's dividend (4.95%) is low compared to the top 25% of dividend payers in the Polish market (8.78%).


Stability and Growth of Payments

Stable Dividend: INP's dividend payments have been volatile in the past 10 years.

Growing Dividend: INP's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (25%), INP's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: INP is paying a dividend but the company has no free cash flows.


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Management

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

1.9yrs

Average management tenure


CEO

Krzysztof Maraszek

1.92yrs

Tenure

zł2,435,121

Compensation

Mr. Krzysztof Maraszek serves as President of the Management Board at Inpro S.A. since September 2020. He serves as Vice President of Inpro, S.A. since 1993 and served as its Vice President of the Manageme...


CEO Compensation Analysis

Compensation vs Market: Insufficient data to establish whether Krzysztof's total compensation is reasonable compared to companies of similar size in the Polish market.

Compensation vs Earnings: Krzysztof's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: INP's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.


Board Members

Experienced Board: INP's board of directors are seasoned and experienced ( 10.6 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

Inpro S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Inpro S.A.
  • Ticker: INP
  • Exchange: WSE
  • Founded: 1987
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Implied Market Cap: zł202.202m
  • Shares outstanding: 40.04m
  • Website: https://www.inpro.com.pl

Number of Employees


Location

  • Inpro S.A.
  • ul. Opata Jacka Rybinskiego 8
  • Oliwa
  • Gdansk
  • 80-320
  • Poland

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/17 00:00
End of Day Share Price2022/08/17 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.