WSE:XTP

Stock Analysis Report

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Executive Summary

XTPL S.A. develops additive manufacturing technology for ultra-precise printing of nanomaterials. More Details


Snowflake Analysis

Flawless balance sheet and slightly overvalued.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

-3.6%

XTP

-0.9%

PL Electronic

-1.0%

PL Market


1 Year Return

-24.5%

XTP

29.1%

PL Electronic

-13.0%

PL Market

Return vs Industry: XTP underperformed the Polish Electronic industry which returned 26.6% over the past year.

Return vs Market: XTP underperformed the Polish Market which returned -13.3% over the past year.


Shareholder returns

XTPIndustryMarket
7 Day-3.6%-0.9%-1.0%
30 Day-3.6%-1.6%-4.9%
90 Day-26.9%11.3%-1.2%
1 Year-24.5%-24.5%33.9%29.1%-12.3%-13.0%
3 Year44.3%44.3%9.6%0.6%-23.2%-27.8%
5 Yearn/a-3.1%-16.7%-7.3%-17.7%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: XTP (PLN90.6) is trading below our estimate of fair value (PLN415.34)

Significantly Below Fair Value: XTP is trading below fair value by more than 20%.


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: XTP is overvalued based on its PB Ratio (32.9x) compared to the PL Electronic industry average (1.3x).


Next Steps

Future Growth

How is XTPL forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

33.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: XTP is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: XTP is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: XTP is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: XTP's revenue (61.1% per year) is forecast to grow faster than the Polish market (3.7% per year).

High Growth Revenue: XTP's revenue (61.1% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if XTP's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has XTPL performed over the past 5 years?

-67.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: XTP is currently unprofitable.

Growing Profit Margin: XTP is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: XTP is unprofitable, and losses have increased over the past 5 years at a rate of 67.1% per year.

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

Earnings vs Industry: XTP is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (48.3%).


Return on Equity

High ROE: XTP has a negative Return on Equity (-463.52%), as it is currently unprofitable.


Next Steps

Financial Health

How is XTPL's financial position?


Financial Position Analysis

Short Term Liabilities: XTP's short term assets (PLN3.7M) exceed its short term liabilities (PLN1.9M).

Long Term Liabilities: XTP has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: XTP is debt free.

Reducing Debt: XTP had no debt 5 years ago.


Balance Sheet


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: XTP has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: XTP is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.


Next Steps

Dividend

What is XTPL current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate XTP's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if XTP's dividends per share have been stable in the past.

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

2.3yrs

Average management tenure


CEO

Filip Granek

3.67yrs

Tenure

zł360,000

Compensation

Dr. Filip Granek, Ph.D. is a Co-Founder of XTPL S.A. and is its Chief Executive Officer and President of the Management Board since 2017. Dr. Granek served as the Chief Technology Officer at XTPL S.A. For ...


Leadership Team

NamePositionTenureCompensationOwnership
Filip Granek
Co-Founder3.67yrszł360.00k15.31%
PLN 28.1m
Jacek Olszanski
Member of Management Board0.67yrno datano data
Aneta Wiatrowska
Technology Director3.17yrsno datano data
Krzysztof Berezowski
Head of Delivery1.33yrsno datano data

2.3yrs

Average Tenure

Experienced Management: XTP's management team is considered experienced (2.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Harold Hughes
Member of Advisory Board2.25yrsno datano data
Amir Nayyerhabibi
Member of Advisory Board1.67yrsno datano data
Wieslaw Rozlucki
Chairman of Supervisory Board2.42yrszł104.00k0.022%
PLN 39.9k
Hiroshi Menjo
Member of Advisory Board1.25yrsno datano data
Herbert Wirth
Supervisory Board Member0.67yrno datano data
Bartosz Wojciechowski
Vice Chairman of the Supervisory Board3.67yrszł12.00k0.022%
PLN 39.9k
Piotr Lembas
Member of Supervisory Board2.67yrszł20.00kno data
Beata Turlejska-Zdunczyk
Supervisory Board Member0.67yrno datano data

2.0yrs

Average Tenure

73yo

Average Age

Experienced Board: XTP's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.


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 been diluted in the past year, with total shares outstanding growing by 6.6%.


Top Shareholders

Company Information

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


Key Information

  • Name: XTPL S.A.
  • Ticker: XTP
  • Exchange: WSE
  • Founded: 2015
  • Industry: Electronic Components
  • Sector: Tech
  • Market Cap: zł183.848m
  • Shares outstanding: 2.03m
  • Website: https://xtpl.com

Number of Employees


Location

  • XTPL S.A.
  • Stablowicka 147
  • Wroclaw
  • 54-066
  • Poland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
XTPWSE (Warsaw Stock Exchange)YesCommon Bearer SharesPLPLNSep 2017
5C8MUN (Boerse Muenchen)YesCommon Bearer SharesDEEURSep 2017

Biography

XTPL S.A. develops additive manufacturing technology for ultra-precise printing of nanomaterials. The company offers ultra-precise deposition technology, nano inks, and printed structures. Its technology i ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/18 03:02
End of Day Share Price2020/09/17 00:00
Earnings2020/03/31
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.