WSE:PMA

Stock Analysis Report

Executive Summary

Prima Moda S.A. operates shoe stores in Poland.


Snowflake Analysis

Fair value with mediocre balance sheet.

Share Price & News

How has Prima Moda's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: PMA has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

PMA

1.8%

PL Specialty Retail

5.1%

PL Market


1 Year Return

-70.5%

PMA

-40.4%

PL Specialty Retail

-30.0%

PL Market

Return vs Industry: PMA underperformed the Polish Specialty Retail industry which returned -40.2% over the past year.

Return vs Market: PMA underperformed the Polish Market which returned -30.7% over the past year.


Shareholder returns

PMAIndustryMarket
7 Day0%1.8%5.1%
30 Day8.3%-24.2%-9.5%
90 Day-5.8%-29.7%-23.4%
1 Year-70.5%-70.5%-39.1%-40.4%-28.0%-30.0%
3 Year-82.1%-82.1%-49.7%-56.0%-28.3%-33.4%
5 Year-66.7%-66.7%-63.2%-70.6%-26.0%-35.5%

Price Volatility Vs. Market

How volatile is Prima Moda's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Prima Moda undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: PMA (PLN0.65) is trading below our estimate of fair value (PLN19.33)

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


Price To Earnings Ratio

PE vs Industry: PMA is unprofitable, so we can't compare its PE Ratio to the Specialty Retail industry average.

PE vs Market: PMA is unprofitable, so we can't compare its PE Ratio to the Polish market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: PMA is good value based on its PB Ratio (0.2x) compared to the PL Specialty Retail industry average (1x).


Next Steps

Future Growth

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

11.0%

Forecasted Retail 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 Prima Moda 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 Prima Moda performed over the past 5 years?

24.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PMA is currently unprofitable.

Growing Profit Margin: PMA is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PMA is unprofitable, but has reduced losses over the past 5 years at a rate of 24.9% per year.

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

Earnings vs Industry: PMA is unprofitable, making it difficult to compare its past year earnings growth to the Specialty Retail industry (2.9%).


Return on Equity

High ROE: PMA has a negative Return on Equity (-4.79%), as it is currently unprofitable.


Next Steps

Financial Health

How is Prima Moda's financial position?


Financial Position Analysis

Short Term Liabilities: PMA's short term assets (PLN16.5M) do not cover its short term liabilities (PLN19.8M).

Long Term Liabilities: PMA's short term assets (PLN16.5M) exceed its long term liabilities (PLN3.7M).


Debt to Equity History and Analysis

Debt Level: PMA's debt to equity ratio (67.2%) is considered high.

Reducing Debt: PMA's debt to equity ratio has reduced from 108.4% to 67.2% over the past 5 years.

Debt Coverage: PMA's debt is well covered by operating cash flow (40.5%).

Interest Coverage: Insufficient data to determine if PMA's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is Prima Moda's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: PMA is not paying a notable dividend for the Polish market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of PMA'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?

6.1yrs

Average board tenure


CEO

Dariusz Plesiak (52yo)

no data

Tenure

Mr. Dariusz Plesiak serves as the President of the Management Board at Prima Moda Spolka Akcyjna. 


Board Members

NamePositionTenureCompensationOwnership
Jaroslaw Jakubowski
Secretary of the Supervisory Board and Member of the Supervisory Boardno datano datano data
Lupoli Pasquale
Member of the Supervisory Boardno datano datano data
Tomasz Bistulas
Chairman of the Supervisory Board 6.08yrsno datano data
Bartosz Plesiak
Vice Chairman of the Supervisory Board6.08yrsno datano data
Alfredo Sorvillo
Member of the Supervisory Board6.08yrsno datano data

6.1yrs

Average Tenure

Experienced Board: PMA's board of directors are considered experienced (6.1 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

Prima Moda S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Prima Moda S.A.
  • Ticker: PMA
  • Exchange: WSE
  • Founded: 1992
  • Industry: Apparel Retail
  • Sector: Retail
  • Market Cap: zł2.080m
  • Shares outstanding: 3.20m
  • Website: https://www.primamoda.com.pl

Location

  • Prima Moda S.A.
  • ul. Krucza 6/14
  • Warsaw
  • 00-537
  • Poland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PMAWSE (Warsaw Stock Exchange)YesCommon Bearer SharesPLPLNDec 2007
0LXFLSE (London Stock Exchange)YesCommon Bearer SharesGBPLNDec 2007

Biography

Prima Moda S.A. operates shoe stores in Poland. The company’s stores offer slippers, summer boots, ballerinas, espadrilles, formal shoes, boots, elastic-sides, backpacks, beach bags, and moccasins; and handbags, clutch bags, boxes, shopper bags, purses, glasses, and leather wallets; and belts, socks, hats, scarves, wallets, bracelets, and keyrings, as well as care products, including pastes, sprays, inserts, brushes, and others for men and women. It operates approximately 30 stores in shopping malls, as well as offers products online. Prima Moda S.A. was founded in 1992 and is based in Warsaw, Poland. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/07 21:29
End of Day Share Price2020/04/07 00:00
Earnings2019/09/30
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.