Executive Summary
ASBISc Enterprises Plc, together with its subsidiaries, distributes information technology (IT) and software products.
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet with proven track record and pays a dividend.
Similar Companies
Share Price & News
How has ASBISc Enterprises's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ASB's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
1.6%
ASB
-2.7%
PL Electronic
1.6%
PL Market
1 Year Return
112.7%
ASB
27.7%
PL Electronic
-3.8%
PL Market
Return vs Industry: ASB exceeded the Polish Electronic industry which returned 27.7% over the past year.
Return vs Market: ASB exceeded the Polish Market which returned -3.8% over the past year.
Shareholder returns
| ASB | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.6% | -2.7% | 1.6% |
| 30 Day | 37.9% | 6.6% | 3.1% |
| 90 Day | 39.4% | 24.1% | 20.8% |
| 1 Year | 150.2%112.7% | 31.1%27.7% | -3.0%-3.8% |
| 3 Year | 194.4%103.2% | 4.7%-3.5% | -16.8%-21.8% |
| 5 Year | 875.5%543.6% | -7.2%-19.8% | -5.0%-15.9% |
Price Volatility Vs. Market
How volatile is ASBISc Enterprises's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Many Still Looking Away From ASBISc Enterprises Plc (WSE:ASB)3 weeks ago | Simply Wall St
Cautious Investors Not Rewarding ASBISc Enterprises Plc's (WSE:ASB) Performance Completely1 month ago | Simply Wall St
Here's Why We Think ASBISc Enterprises (WSE:ASB) Is Well Worth WatchingValuation
Is ASBISc Enterprises undervalued compared to its fair value and its price relative to the market?
4.31x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ASB (PLN5.02) is trading above our estimate of fair value (PLN1.6)
Significantly Below Fair Value: ASB is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ASB is good value based on its PE Ratio (4.3x) compared to the PL Electronic industry average (10.1x).
PE vs Market: ASB is good value based on its PE Ratio (4.3x) compared to the Polish market (13.6x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ASB's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ASB is good value based on its PB Ratio (0.7x) compared to the PL Electronic industry average (1.3x).
Next Steps
Future Growth
How is ASBISc Enterprises forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
0.4%
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if ASB's forecast earnings growth is above the savings rate (2.9%).
Earnings vs Market: Insufficient data to determine if ASB's earnings are forecast to grow faster than the Polish market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ASB's revenue (0.4% per year) is forecast to grow slower than the Polish market (3.5% per year).
High Growth Revenue: ASB's revenue (0.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if ASB's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has ASBISc Enterprises performed over the past 5 years?
58.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ASB has high quality earnings.
Growing Profit Margin: ASB's current net profit margins (0.9%) are higher than last year (0.6%).
Past Earnings Growth Analysis
Earnings Trend: ASB has become profitable over the past 5 years, growing earnings by 58.1% per year.
Accelerating Growth: ASB's earnings growth over the past year (48.3%) is below its 5-year average (58.1% per year).
Earnings vs Industry: ASB earnings growth over the past year (48.3%) exceeded the Electronic industry 17.9%.
Return on Equity
High ROE: ASB's Return on Equity (16.1%) is considered low.
Next Steps
Financial Health
How is ASBISc Enterprises's financial position?
Financial Position Analysis
Short Term Liabilities: ASB's short term assets ($486.8M) exceed its short term liabilities ($407.6M).
Long Term Liabilities: ASB's short term assets ($486.8M) exceed its long term liabilities ($6.4M).
Debt to Equity History and Analysis
Debt Level: ASB's debt to equity ratio (109.6%) is considered high.
Reducing Debt: ASB's debt to equity ratio has reduced from 144.3% to 109.6% over the past 5 years.
Debt Coverage: ASB's debt is well covered by operating cash flow (49.1%).
Interest Coverage: ASB's interest payments on its debt are well covered by EBIT (3.1x coverage).
Balance Sheet
Next Steps
Dividend
What is ASBISc Enterprises's current dividend yield, its reliability and sustainability?
11.11%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ASB's dividend (11.11%) is higher than the bottom 25% of dividend payers in the Polish market (1.69%).
High Dividend: ASB's dividend (11.11%) is in the top 25% of dividend payers in the Polish market (5.94%)
Stability and Growth of Payments
Stable Dividend: ASB has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ASB's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (23.9%), ASB's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ASB's dividends in 3 years are forecast to be well covered by earnings (28.6% payout ratio).
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Management
How experienced are the management team and are they aligned to shareholders interests?
5.0yrs
Average board tenure
CEO
Siarhei Kostevitch (56 yo)
no data
Tenure
US$335,000
Compensation
Mr. Sergei Kostevitch serves as the Chairman, Chief Executive Officer and President of ASBISC Enterprises Plc. Mr. Kostevitch established ASBISc Enterprises Plc in 1990 in Minsk, Belarus and within 12 year ...
CEO Compensation Analysis
Compensation vs Market: Siarhei's total compensation ($USD335.00K) is above average for companies of similar size in the Polish market ($USD156.33K).
Compensation vs Earnings: Siarhei's compensation has been consistent with company performance over the past year.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board | no data | US$335.00k | 37.05% $ 102.6m | |
| CFO & Executive Director | 18.67yrs | US$94.00k | 0.84% $ 2.3m | |
| COO & Executive Director | 4.92yrs | US$131.00k | 0.38% $ 1.1m | |
| Director of Risk & Investor Relations and Executive Director | 13.33yrs | US$94.00k | 1.01% $ 2.8m | |
| Non-Executive Director | 5yrs | US$11.00k | no data | |
| Non Executive Director | 1.33yrs | US$10.00k | no data |
5.0yrs
Average Tenure
51.5yo
Average Age
Experienced Board: ASB's board of directors are considered experienced (5 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
ASBISc Enterprises Plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: ASBISc Enterprises Plc
- Ticker: ASB
- Exchange: WSE
- Founded: 1990
- Industry: Technology Distributors
- Sector: Tech
- Market Cap: zł276.977m
- Shares outstanding: 55.17m
- Website: https://www.asbis.com
Number of Employees
Location
- ASBISc Enterprises Plc
- Diamond Court
- 43, Kolonakiou Street
- Limassol
- 4103
- Cyprus
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 0QGZ | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | PLN | Oct 2006 |
| ASB | WSE (Warsaw Stock Exchange) | Yes | Ordinary Shares | PL | PLN | Oct 2006 |
Biography
ASBISc Enterprises Plc, together with its subsidiaries, distributes information technology (IT) and software products. The company engages in the distribution of IT components, mobile building blocks and p ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/08/15 04:27 |
| End of Day Share Price | 2020/08/14 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.