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PCO

Pepco Group WSE:PCO Stock Report

Last Price

zł34.56

Market Cap

zł19.9b

7D

-4.8%

1Y

-34.2%

Updated

06 Jul, 2022

Data

Company Financials +
PCO fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance5/6
Financial Health5/6
Dividends0/6

PCO Stock Overview

Pepco Group N.V. operates as a discount variety retailer in the United Kingdom, Poland, and rest of Europe.

Pepco Group Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Pepco Group
Historical stock prices
Current Share Pricezł34.56
52 Week Highzł57.44
52 Week Lowzł34.24
Beta0
1 Month Change-13.60%
3 Month Change-23.24%
1 Year Change-34.17%
3 Year Changen/a
5 Year Changen/a
Change since IPO-23.20%

Recent News & Updates

Jun 14
Analyst Estimates: Here's What Brokers Think Of Pepco Group N.V. (WSE:PCO) After Its Half-Yearly Report

Analyst Estimates: Here's What Brokers Think Of Pepco Group N.V. (WSE:PCO) After Its Half-Yearly Report

Last week, you might have seen that Pepco Group N.V. ( WSE:PCO ) released its interim result to the market. The early...

May 26
Pepco Group (WSE:PCO) Hasn't Managed To Accelerate Its Returns

Pepco Group (WSE:PCO) Hasn't Managed To Accelerate Its Returns

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...

Shareholder Returns

PCOPL Multiline RetailPL Market
7D-4.8%-1.6%-4.1%
1Y-34.2%-29.5%-23.9%

Return vs Industry: PCO underperformed the Polish Multiline Retail industry which returned -29.5% over the past year.

Return vs Market: PCO underperformed the Polish Market which returned -23.9% over the past year.

Price Volatility

Is PCO's price volatile compared to industry and market?
PCO volatility
PCO Average Weekly Movement4.2%
Multiline Retail Industry Average Movement5.0%
Market Average Movement6.3%
10% most volatile stocks in PL Market10.9%
10% least volatile stocks in PL Market4.2%

Stable Share Price: PCO is less volatile than 75% of Polish stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: PCO's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201442,045Terry Mastershttps://www.pepcogroup.eu

Pepco Group N.V. operates as a discount variety retailer in the United Kingdom, Poland, and rest of Europe. The company offers apparel comprising children wear; homeware-led general merchandise, including toys, home decors, and seasonal products; and FMCG. It also offers food and drink, health and beauty, household, gardening, DIY, pet, stationery, books, and DVDs.

Pepco Group Fundamentals Summary

How do Pepco Group's earnings and revenue compare to its market cap?
PCO fundamental statistics
Market Cap€4.15b
Earnings (TTM)€182.22m
Revenue (TTM)€4.50b

22.8x

P/E Ratio

0.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PCO income statement (TTM)
Revenue€4.50b
Cost of Revenue€2.60b
Gross Profit€1.90b
Other Expenses€1.71b
Earnings€182.22m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.32
Gross Margin42.15%
Net Profit Margin4.05%
Debt/Equity Ratio56.8%

How did PCO perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

PCO 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/Revenue1.2x
Enterprise Value/EBITDA13.5x
PEG Ratio1.6x

Price to Earnings Ratio vs Peers

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

PCO PE Ratio vs Peers
The above table shows the PE ratio for PCO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average19.2x
ALE Allegro.eu
28.3x22.5%zł27.9b
CAR Inter Cars
7.7x8.7%zł5.4b
BME B&M European Value Retail
8.8x-2.4%UK£3.7b
OLLI Ollie's Bargain Outlet Holdings
36.1x34.4%US$4.1b
PCO Pepco Group
22.8x14.3%zł19.9b

Price-To-Earnings vs Peers: PCO is expensive based on its Price-To-Earnings Ratio (22.8x) compared to the peer average (19.2x).


Price to Earnings Ratio vs Industry

How does PCO's PE Ratio compare vs other companies in the Global Multiline Retail Industry?

Price-To-Earnings vs Industry: PCO is expensive based on its Price-To-Earnings Ratio (22.8x) compared to the European Multiline Retail industry average (11.8x)


Price to Earnings Ratio vs Fair Ratio

What is PCO'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.

PCO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio22.8x
Fair PE Ratio20.3x

Price-To-Earnings vs Fair Ratio: PCO is expensive based on its Price-To-Earnings Ratio (22.8x) compared to the estimated Fair Price-To-Earnings Ratio (20.3x).


Share Price vs Fair Value

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

Below Fair Value: PCO (PLN34.56) is trading below our estimate of fair value (PLN84.62)

Significantly Below Fair Value: PCO is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

PEG Ratio: PCO is poor value based on its PEG Ratio (1.6x)


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Future Growth

How is Pepco Group forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


14.3%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PCO's forecast earnings growth (14.3% per year) is above the savings rate (2.6%).

Earnings vs Market: PCO's earnings (14.3% per year) are forecast to grow faster than the Polish market (6.7% per year).

High Growth Earnings: PCO's earnings are forecast to grow, but not significantly.

Revenue vs Market: PCO's revenue (14.4% per year) is forecast to grow faster than the Polish market (5.5% per year).

High Growth Revenue: PCO's revenue (14.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: PCO's Return on Equity is forecast to be high in 3 years time (21%)


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Past Performance

How has Pepco Group performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


17.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: PCO has high quality earnings.

Growing Profit Margin: PCO's current net profit margins (4.1%) are higher than last year (0.5%).


Past Earnings Growth Analysis

Earnings Trend: PCO's earnings have grown by 17% per year over the past 5 years.

Accelerating Growth: PCO's earnings growth over the past year (839.9%) exceeds its 5-year average (17% per year).

Earnings vs Industry: PCO earnings growth over the past year (839.9%) exceeded the Multiline Retail industry 13.8%.


Return on Equity

High ROE: PCO's Return on Equity (16.9%) is considered low.


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Financial Health

How is Pepco Group's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: PCO's short term assets (€1.1B) exceed its short term liabilities (€1.0B).

Long Term Liabilities: PCO's short term assets (€1.1B) do not cover its long term liabilities (€1.5B).


Debt to Equity History and Analysis

Debt Level: PCO's net debt to equity ratio (29.6%) is considered satisfactory.

Reducing Debt: PCO's debt to equity ratio has reduced from 118.9% to 56.8% over the past 5 years.

Debt Coverage: PCO's debt is well covered by operating cash flow (75.7%).

Interest Coverage: PCO's interest payments on its debt are well covered by EBIT (4.6x coverage).


Balance Sheet


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Dividend

What is Pepco Group current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


2.88%

Forecast Dividend Yield

Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if PCO's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as PCO has not reported any payouts.


Discover strong dividend paying companies

Management

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

0.3yrs

Average management tenure


CEO

Terry Masters

0.50

Tenure

Mr. Trevor John Masters, also known as Terry, serves as Chief Executive Officer at Pepco Group N.V. since April 22, 2022. He serves as Group Chief Operating Officer of Pepco Group N.V. since January 1, 202...


Leadership Team

Experienced Management: PCO's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.


Board Members

Experienced Board: PCO's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.


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

Pepco Group N.V.'s employee growth, exchange listings and data sources


Key Information

  • Name: Pepco Group N.V.
  • Ticker: PCO
  • Exchange: WSE
  • Founded: 2014
  • Industry: General Merchandise Stores
  • Sector: Retail
  • Implied Market Cap: zł19.872b
  • Shares outstanding: 575.00m
  • Website: https://www.pepcogroup.eu

Number of Employees


Location

  • Pepco Group N.V.
  • 120 Weston Street
  • Unit B
  • London
  • Greater London
  • SE1 4GS
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/07/06 00:00
End of Day Share Price2022/07/06 00:00
Earnings2022/03/31
Annual Earnings2021/09/30


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.