WSE:MOE

Stock Analysis Report

Executive Summary

MODE S.A. manufactures and sells photo composers in Poland and internationally.

Risk Analysis

Earnings have declined by -66.33% per year over past 5 years

Makes less than USD$1m in revenue (PLN2M)

Does not have a meaningful market cap (PLN3M)

Highly volatile share price over past 3 months



Snowflake Analysis

Flawless balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

19.0%

MOE

3.1%

PL Electronic

1.1%

PL Market


1 Year Return

25.0%

MOE

10.7%

PL Electronic

-7.1%

PL Market

Return vs Industry: MOE exceeded the Polish Electronic industry which returned 10.7% over the past year.

Return vs Market: MOE exceeded the Polish Market which returned -7.1% over the past year.


Shareholder returns

MOEIndustryMarket
7 Day19.0%3.1%1.1%
30 Day46.1%8.1%-3.1%
90 Day90.7%9.6%-2.8%
1 Year25.0%25.0%14.9%10.7%-4.3%-7.1%
3 Year-11.8%-11.8%-19.2%-26.5%5.8%-2.0%
5 Year-2.2%-2.2%-24.8%-37.8%3.3%-9.6%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

4.49x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: MOE is overvalued based on its PB Ratio (4.5x) compared to the PL Electronic industry average (1.3x).


Next Steps

Future Growth

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

16.7%

Forecasted Tech 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 MODE 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 MODE performed over the past 5 years?

-66.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MOE is currently unprofitable.

Growing Profit Margin: MOE is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MOE is unprofitable, and losses have increased over the past 5 years at a rate of -66.3% per year.

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

Earnings vs Industry: MOE is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (10.3%).


Return on Equity

High ROE: MOE has a negative Return on Equity (-80.81%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is MODE's financial position?


Financial Position Analysis

Short Term Liabilities: MOE's short term assets (PLN950.9K) exceed its short term liabilities (PLN464.4K).

Long Term Liabilities: MOE's short term assets (PLN950.9K) exceed its long term liabilities (PLN359.3K).


Debt to Equity History and Analysis

Debt Level: MOE is debt free.

Reducing Debt: MOE has not had any debt for past 5 years.

Debt Coverage: MOE has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: MOE has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: MOE has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if MOE's debt is covered by short term assets.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.6%markettop25%7.2%industryaverage7.1%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

Growing Dividend: Insufficient data to determine if MOE'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 MOE's dividend in 3 years as they are not forecast to pay a notable one for the Polish market.


Next Steps

Management

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


CEO

Mikolaj Bator 0

0yrs

Tenure

0

Mr. Mikolaj Bator serves as the President of the Management Board at MODE Spólka Akcyjna. 


Insider Trading

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.


Management Team

  • Mikolaj Bator

    President of the Management Board

    • Tenure: 0yrs
  • Rafal Stepiuk

    Vice-President of the Management Board

    • Tenure: 0yrs

Board Members

  • Konrad Szwedzinski (46yo)

    Vice- President of the Supervisory Board

    • Tenure: 0yrs
  • Leszek Tadeusz Mazur

    Member of the Supervisory Board

    • Tenure: 0yrs
  • Rafal Kunicki

    Member of the Supervisory Board

    • Tenure: 0yrs
  • Rafal Dubel

    President of the Supervisory Board

    • Tenure: 3.6yrs
  • Grzegorz Falenczyk

    Member of the Supervisory Board

    • Tenure: 0yrs

Company Information

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


Key Information

  • Name: MODE S.A.
  • Ticker: MOE
  • Exchange: WSE
  • Founded:
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: zł2.661m
  • Shares outstanding: 5.91m
  • Website: https://www.mode360.eu

Location

  • MODE S.A.
  • Lesna 8 Street
  • Straszyn
  • Pruszcz Gdanski
  • 83-010
  • Poland

Listings

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

Biography

MODE S.A. manufactures and sells photo composers in Poland and internationally. It offers MODE360° photo composers; MODE360° Jumbo, a universal photo studio for product imagery and 360 degree animations; M ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/12/15 21:29
End of Day Share Price2019/12/13 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.