WSE:KBJ

Stock Analysis Report

Executive Summary

KBJ S.A. provides consulting services and implements software on SAP platform for large and medium sized companies in Poland and internationally.

Snowflake

Fundamentals

Outstanding track record with flawless balance sheet.

Risks

  • KBJ is not covered by any analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-5.0%

KBJ

0.6%

PL IT

-1.0%

PL Market


1 Year Return

29.5%

KBJ

24.0%

PL IT

-4.3%

PL Market

KBJ outperformed the IT industry which returned 27.7% over the past year.

KBJ outperformed the Market in Poland which returned -3.3% over the past year.


Share holder returns

KBJIndustryMarket
7 Day-5.0%0.6%-1.0%
30 Day-2.3%6.7%2.3%
90 Day-3.9%5.4%-5.2%
1 Year29.5%29.5%25.7%24.0%-1.5%-4.3%
3 Year84.0%74.5%34.4%28.6%11.4%3.2%
5 Year73.1%58.3%60.2%50.4%-2.9%-14.6%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is KBJ undervalued based on future cash flows and its price relative to the stock market?

8.89x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

KBJ's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

KBJ's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

KBJ is overvalued based on earnings compared to the PL IT industry average.

KBJ is good value based on earnings compared to the Poland market.


Price Based on Expected Growth

Unable to calculate PEG ratio for KBJ, we can't assess if its growth is good value.


Price Based on Value of Assets

KBJ is overvalued based on assets compared to the PL IT industry average.


Next Steps

Future Growth

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

8.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if KBJ is high growth as no revenue estimate data is available.

KBJ's earnings are expected to grow by 8.9% yearly, however this is not considered high growth (20% yearly).

Unable to compare KBJ's revenue growth to the Poland market average as no estimate data is available.

KBJ's earnings growth is positive but not above the Poland market average.

KBJ's earnings growth is expected to exceed the low risk savings rate of 2.9%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if KBJ will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has KBJ performed over the past 5 years?

20.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

KBJ's year on year earnings growth rate has been positive over the past 5 years.

KBJ's 1-year earnings growth exceeds its 5-year average (2606.9% vs 20%)

KBJ's earnings growth has exceeded the PL IT industry average in the past year (2606.9% vs 27.2%).


Return on Equity

KBJ has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).


Return on Assets

KBJ used its assets more efficiently than the PL IT industry average last year based on Return on Assets.


Return on Capital Employed

KBJ has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is KBJ's financial position?


Financial Position Analysis

KBJ is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

KBJ's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

KBJ's level of debt (0%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (-0% vs 0% today).

Debt is well covered by operating cash flow (165315.1%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 54x coverage).


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 15777x debt.


Next Steps

Dividend

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

2.22%

Current Dividend Yield


Dividend Yield and Payments Analysis

KBJ's pays a lower dividend yield than the bottom 25% of dividend payers in Poland (2.61%).

KBJ's dividend is below the markets top 25% of dividend payers in Poland (6.81%).

KBJ has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).

Dividend payments have increased, but KBJ only paid a dividend in the past 7 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (5.1x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of KBJ's salary, the management and board of directors tenure and is there insider trading?


CEO

Artur Jedynak 0

0yrs

Tenure

0

Mr. Artur Jedynak serves as the President of the Management Board at KBJ S.A. Mr. Jedynak has received Executive MBA degree AT Leon Kozminski Academy. He has graduated from Artificial Intelligence studies  ...


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Marek Weigt

    Member of Management Board

    • Tenure: 0yrs
  • Artur Jedynak

    President of Management Board

    • Tenure: 0yrs
  • Lukasz Krotowski

    Member of Management Board

    • Tenure: 0yrs
  • Pawel Wichecki

    Member of the Management Board

    • Tenure: 0yrs

Board Members

  • Wojciech Jankowski

    President of Supervisory Board

    • Tenure: 0yrs
  • Dariusz Straczynski

    Supervisory Board Member

    • Tenure: 0yrs
  • Wojciech Brzeski

    Supervisory Board Member

    • Tenure: 0yrs
  • Michal Kalisinski

    Supervisory Board Member

    • Tenure: 0yrs
  • Artur Kazmierczak

    Supervisory Board Member

    • Tenure: 5.2yrs

Company Information

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


Key Information

  • Name: KBJ S.A.
  • Ticker: KBJ
  • Exchange: WSE
  • Founded:
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Market Cap: zł14.456m
  • Shares outstanding: 1.69m
  • Website: https://www.kbj.com.pl

Location

  • KBJ S.A.
  • 3 Broniewskiego Street
  • Warsaw
  • 01-785
  • Poland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
KBJWSE (Warsaw Stock Exchange)YesCommon Bearer Shares PLPLNDec 2011

Biography

KBJ S.A. provides consulting services and implements software on SAP platform for large and medium sized companies in Poland and internationally. It offers business intelligence and big data services; SAP  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/20 21:36
End of Day Share Price2019/09/20 00:00
Earnings2019/06/30
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.