WSE:EDN

Stock Analysis Report

Executive Summary

Edison S.A. provides solutions for electronic document interchange worldwide.


Snowflake Analysis

Excellent balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: EDN's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

EDN

-3.1%

PL Software

-6.8%

PL Market


1 Year Return

-11.5%

EDN

15.8%

PL Software

-14.8%

PL Market

Return vs Industry: EDN underperformed the Polish Software industry which returned 15.8% over the past year.

Return vs Market: EDN exceeded the Polish Market which returned -14.8% over the past year.


Shareholder returns

EDNIndustryMarket
7 Day0%-3.1%-6.8%
30 Day-25.9%-2.4%-7.8%
90 Day-28.1%15.2%-6.3%
1 Year-11.5%-11.5%21.8%15.8%-12.3%-14.8%
3 Year21.2%21.2%19.6%2.2%-12.0%-18.2%
5 Year27.4%27.4%62.2%25.3%-4.5%-16.7%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

2.63x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate EDN's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate EDN's fair value to establish if it is undervalued.


Price To Earnings Ratio

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

PE vs Market: EDN 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 EDN's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: EDN is overvalued based on its PB Ratio (2.6x) compared to the PL Software industry average (2.6x).


Next Steps

Future Growth

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

19.7%

Forecasted Software 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 Edison 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 Edison performed over the past 5 years?

-33.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EDN is currently unprofitable.

Growing Profit Margin: EDN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: EDN is unprofitable, and losses have increased over the past 5 years at a rate of -33.3% per year.

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

Earnings vs Industry: EDN is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (11.5%).


Return on Equity

High ROE: EDN has a negative Return on Equity (-4.59%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Edison's financial position?


Financial Position Analysis

Short Term Liabilities: EDN's short term assets (PLN2.3M) exceed its short term liabilities (PLN779.9K).

Long Term Liabilities: EDN's short term assets (PLN2.3M) exceed its long term liabilities (PLN846.6K).


Debt to Equity History and Analysis

Debt Level: EDN's debt to equity ratio (8.7%) is considered satisfactory.

Reducing Debt: EDN's debt to equity ratio has increased from 0.4% to 8.7% over the past 5 years.


Balance Sheet

Inventory Level: EDN has a low level of unsold assets or inventory.

Debt Coverage by Assets: EDN's debt is covered by short term assets (assets are 11.8x debt).


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: Whilst unprofitable EDN has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: EDN is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -23.4% per year.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.3%markettop25%6.9%industryaverage4.5%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

Growing Dividend: Insufficient data to determine if EDN'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 EDN'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?


CEO

Tomasz Kuciel 0

0

Mr. Tomasz Adam Kuciel has been Managing Director and President of the Management Board at Edison SA since 2012. Mr. Kuciel served as Vice-President of Management Board at MedApp S.A since February 8, 2016 ...


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

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


Key Information

  • Name: Edison S.A.
  • Ticker: EDN
  • Exchange: WSE
  • Founded: 1996
  • Industry: Application Software
  • Sector: Software
  • Market Cap: zł5.903m
  • Shares outstanding: 2.95m
  • Website: https://www.edison.pl

Location

  • Edison S.A.
  • ul. Dobrego Pasterza 122A
  • Kraków
  • 31-416
  • Poland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EDNWSE (Warsaw Stock Exchange)YesCommon Bearer SharesPLPLNMar 2012

Biography

Edison S.A. provides solutions for electronic document interchange worldwide. The company offers a range of services, such as adjustment of ERP applications to electronic data interchange (EDI) standards, installation, maintenance, and training and technical support; and integration and automation of B2B communications. It also provides electronic invoice archiving system that enables sending/receiving/archiving of online invoices. In addition, the company offers electronic invoicing platform, and introduction and training services. It serves automotive, production, retail, cosmetics, and pharmaceutical sectors. The company was founded in 1996 and is based in Kraków, Poland. Edison S.A. is a subsidiary of Omegia S.A. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/25 22:27
End of Day Share Price2020/02/25 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.