Wittchen S.A. manufactures and sells leather goods for men, women, and kids. More Details
Very undervalued with flawless balance sheet and pays a dividend.
Share Price & News
How has Wittchen's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: WTN has not had significant price volatility in the past 3 months.
7 Day Return
PL Specialty Retail
1 Year Return
PL Specialty Retail
Return vs Industry: WTN underperformed the Polish Specialty Retail industry which returned 24.6% over the past year.
Return vs Market: WTN underperformed the Polish Market which returned -16.2% over the past year.
Price Volatility Vs. Market
How volatile is Wittchen's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall StShould We Be Excited About The Trends Of Returns At Wittchen (WSE:WTN)?
1 month ago | Simply Wall StIs Wittchen (WSE:WTN) A Risky Investment?
1 month ago | Simply Wall StWittchen S.A.'s (WSE:WTN) Sentiment Matching Earnings
Is Wittchen undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: WTN (PLN7.38) is trading below our estimate of fair value (PLN12)
Significantly Below Fair Value: WTN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: WTN is good value based on its PE Ratio (6x) compared to the PL Specialty Retail industry average (7.9x).
PE vs Market: WTN is good value based on its PE Ratio (6x) compared to the Polish market (12.5x).
Price to Earnings Growth Ratio
PEG Ratio: WTN is good value based on its PEG Ratio (0.4x)
Price to Book Ratio
PB vs Industry: WTN is good value based on its PB Ratio (0.9x) compared to the PL Specialty Retail industry average (1.3x).
How is Wittchen forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WTN's forecast earnings growth (15.7% per year) is above the savings rate (2.9%).
Earnings vs Market: WTN's earnings (15.7% per year) are forecast to grow faster than the Polish market (13.8% per year).
High Growth Earnings: WTN's earnings are forecast to grow, but not significantly.
Revenue vs Market: WTN's revenue (6.8% per year) is forecast to grow faster than the Polish market (4% per year).
High Growth Revenue: WTN's revenue (6.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: WTN's Return on Equity is forecast to be low in 3 years time (11.1%).
How has Wittchen performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WTN has high quality earnings.
Growing Profit Margin: WTN's current net profit margins (8.8%) are lower than last year (11.1%).
Past Earnings Growth Analysis
Earnings Trend: WTN's earnings have grown by 4.2% per year over the past 5 years.
Accelerating Growth: WTN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: WTN had negative earnings growth (-22.2%) over the past year, making it difficult to compare to the Specialty Retail industry average (-15.3%).
Return on Equity
High ROE: WTN's Return on Equity (15.4%) is considered low.
How is Wittchen's financial position?
Financial Position Analysis
Short Term Liabilities: WTN's short term assets (PLN112.7M) exceed its short term liabilities (PLN63.3M).
Long Term Liabilities: WTN's short term assets (PLN112.7M) exceed its long term liabilities (PLN63.0M).
Debt to Equity History and Analysis
Debt Level: WTN's debt to equity ratio (18.3%) is considered satisfactory.
Reducing Debt: WTN's debt to equity ratio has reduced from 91.8% to 18.3% over the past 5 years.
Debt Coverage: WTN's debt is well covered by operating cash flow (212.8%).
Interest Coverage: WTN's interest payments on its debt are well covered by EBIT (85.5x coverage).
What is Wittchen current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: WTN's dividend (13.55%) is higher than the bottom 25% of dividend payers in the Polish market (1.81%).
High Dividend: WTN's dividend (13.55%) is in the top 25% of dividend payers in the Polish market (6.15%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, WTN has been paying a dividend for less than 10 years.
Growing Dividend: WTN's dividend payments have increased, but the company has only paid a dividend for 5 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (80.8%), WTN's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: WTN's dividends in 3 years are forecast to be well covered by earnings (19.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Mr. Jedrzej Rafal Wittchen serves as President of the Management Board at Wittchen Spolka Akcyjna. Mr. Wittchen founded Wittchen Spolka Akcyjna in 1990 and served as its President. Mr. Wittchen is a Co-Fo ...
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Wittchen S.A.'s company bio, employee growth, exchange listings and data sources
- Name: Wittchen S.A.
- Ticker: WTN
- Exchange: WSE
- Founded: 1990
- Industry: Apparel Retail
- Sector: Retail
- Market Cap: zł134.486m
- Shares outstanding: 18.22m
- Website: https://www.wittchen.com
- Wittchen S.A.
- Gdanska 60 Street
- Nowy Dwór Mazowiecki
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|WTN||WSE (Warsaw Stock Exchange)||Yes||Common Bearer Shares||PL||PLN||Nov 2015|
|0RCI||LSE (London Stock Exchange)||Yes||Common Bearer Shares||GB||PLN||Nov 2015|
Wittchen S.A. manufactures and sells leather goods for men, women, and kids. It offers classic, tote, shopper, hobo, evening and clutch, messenger, and laptop bags, as well as backpacks; leather goods, suc ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/27 03:22|
|End of Day Share Price||2020/09/25 00:00|
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.