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SferaNet Spólka Akcyjna

WSE:SFN
Snowflake Description

Adequate balance sheet with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SFN
WSE
PLN4M
Market Cap
  1. Home
  2. PL
  3. Telecom
Company description

SferaNET Spólka Akcyjna provides telecommunications services in Poland. The last earnings update was 68 days ago. More info.


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SFN Share Price and Events
7 Day Returns
-10.5%
WSE:SFN
-2.3%
PL Telecom
0.1%
PL Market
1 Year Returns
-38.7%
WSE:SFN
28.7%
PL Telecom
2.7%
PL Market
SFN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
SferaNet Spólka Akcyjna (SFN) -10.5% 0.2% -16% -38.7% -39.6% -
PL Telecom -2.3% -9.9% 19.5% 28.7% 16.2% -33.5%
PL Market 0.1% 1.1% -2.4% 2.7% 14.6% -4.4%
1 Year Return vs Industry and Market
  • SFN underperformed the Telecom industry which returned 28.7% over the past year.
  • SFN underperformed the Market in Poland which returned 2.7% over the past year.
Price Volatility
SFN
Industry
5yr Volatility vs Market

Value

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

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of SferaNet Spólka Akcyjna to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for SferaNet Spólka Akcyjna.

WSE:SFN Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 8.6%
Perpetual Growth Rate 10-Year PL Government Bond Rate 2.9%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for WSE:SFN
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year PL Govt Bond Rate 2.9%
Equity Risk Premium S&P Global 7.1%
Telecom Unlevered Beta Simply Wall St/ S&P Global 0.35
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.349 (1 + (1- 19%) (0%))
0.564
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.85% + (0.8 * 7.14%)
8.56%

Discounted Cash Flow Calculation for WSE:SFN using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for SferaNet Spólka Akcyjna is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

WSE:SFN DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (PLN, Millions) Source Present Value
Discounted (@ 8.56%)
2020 0.24 Est @ -79.72% 0.22
2021 0.11 Est @ -54.95% 0.09
2022 0.07 Est @ -37.61% 0.05
2023 0.05 Est @ -25.47% 0.04
2024 0.04 Est @ -16.98% 0.03
2025 0.04 Est @ -11.03% 0.02
2026 0.04 Est @ -6.86% 0.02
2027 0.03 Est @ -3.95% 0.02
2028 0.03 Est @ -1.91% 0.02
2029 0.03 Est @ -0.48% 0.01
Present value of next 10 years cash flows PLN0.53
WSE:SFN DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= PLN0.03 × (1 + 2.85%) ÷ (8.56% – 2.85%)
PLN0.59
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= PLN0.59 ÷ (1 + 8.56%)10
PLN0.26
WSE:SFN Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= PLN0.53 + PLN0.26
PLN0.79
Equity Value per Share
(PLN)
= Total value / Shares Outstanding
= PLN0.79 / 4.74
PLN0.17
WSE:SFN Discount to Share Price
Calculation Result
Value per share (PLN) From above. PLN0.17
Current discount Discount to share price of PLN0.82
= -1 x (PLN0.82 - PLN0.17) / PLN0.17
-393.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of SferaNet Spólka Akcyjna is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for SferaNet Spólka Akcyjna's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are SferaNet Spólka Akcyjna's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
WSE:SFN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in PLN PLN0.06
WSE:SFN Share Price ** WSE (2019-07-22) in PLN PLN0.82
Poland Telecom Industry PE Ratio Median Figure of 13 Publicly-Listed Telecom Companies 30.01x
Poland Market PE Ratio Median Figure of 455 Publicly-Listed Companies 10.85x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of SferaNet Spólka Akcyjna.

WSE:SFN PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= WSE:SFN Share Price ÷ EPS (both in PLN)

= 0.82 ÷ 0.06

12.78x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • SferaNet Spólka Akcyjna is good value based on earnings compared to the PL Telecom industry average.
  • SferaNet Spólka Akcyjna is overvalued based on earnings compared to the Poland market.
Price based on expected Growth
Does SferaNet Spólka Akcyjna's expected growth come at a high price?
Raw Data
WSE:SFN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 12.78x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
-9.4%per year
Europe Telecom Industry PEG Ratio Median Figure of 35 Publicly-Listed Telecom Companies 1.92x
Poland Market PEG Ratio Median Figure of 105 Publicly-Listed Companies 1.14x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for SferaNet Spólka Akcyjna, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on SferaNet Spólka Akcyjna's assets?
Raw Data
WSE:SFN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in PLN PLN1.18
WSE:SFN Share Price * WSE (2019-07-22) in PLN PLN0.82
Poland Telecom Industry PB Ratio Median Figure of 13 Publicly-Listed Telecom Companies 0.79x
Poland Market PB Ratio Median Figure of 684 Publicly-Listed Companies 0.96x
WSE:SFN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= WSE:SFN Share Price ÷ Book Value per Share (both in PLN)

= 0.82 ÷ 1.18

0.7x

* Primary Listing of SferaNet Spólka Akcyjna.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • SferaNet Spólka Akcyjna is good value based on assets compared to the PL Telecom industry average.
X
Value checks
We assess SferaNet Spólka Akcyjna's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Telecom industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Telecom industry average (and greater than 0)? (1 check)
  5. SferaNet Spólka Akcyjna has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

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

  • No analysts cover SferaNet Spólka Akcyjna, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-9.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is SferaNet Spólka Akcyjna expected to grow at an attractive rate?
  • SferaNet Spólka Akcyjna's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.9%.
Growth vs Market Checks
  • SferaNet Spólka Akcyjna's earnings are expected to decrease over the next 1-3 years, this is below the Poland market average.
  • Unable to compare SferaNet Spólka Akcyjna's revenue growth to the Poland market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
WSE:SFN Future Growth Rates Data Sources
Data Point Source Value (per year)
WSE:SFN Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts -9.4%
Poland Telecom Industry Earnings Growth Rate Market Cap Weighted Average 27.4%
Europe Telecom Industry Revenue Growth Rate Market Cap Weighted Average 1.8%
Poland Market Earnings Growth Rate Market Cap Weighted Average 10.4%
Poland Market Revenue Growth Rate Market Cap Weighted Average 5.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
WSE:SFN Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in PLN Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
WSE:SFN Past Financials Data
Date (Data in PLN Millions) Revenue Cash Flow Net Income *
2019-03-31 5 3 0
2018-12-31 5 3 0
2018-09-30 5 7 0
2018-06-30 5 6 0
2018-03-31 5 6 0
2017-12-31 4 6 0
2017-09-30 4 1 0
2017-06-30 5 1 0
2017-03-31 5 1 0
2016-12-31 5 1 0
2016-09-30 4 4 0
2016-06-30 3 3 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • SferaNet Spólka Akcyjna's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Unable to determine if SferaNet Spólka Akcyjna is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
WSE:SFN Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from SferaNet Spólka Akcyjna Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

WSE:SFN Past Financials Data
Date (Data in PLN Millions) EPS *
2019-03-31 0.06
2018-12-31 0.06
2018-09-30 0.06
2018-06-30 0.04
2018-03-31 0.04
2017-12-31 0.04
2017-09-30 0.04
2017-06-30 0.05
2017-03-31 0.07
2016-12-31 0.07
2016-09-30 0.07
2016-06-30 0.06

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if SferaNet Spólka Akcyjna will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess SferaNet Spólka Akcyjna's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Poland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
SferaNet Spólka Akcyjna has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has SferaNet Spólka Akcyjna performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare SferaNet Spólka Akcyjna's growth in the last year to its industry (Telecom).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • SferaNet Spólka Akcyjna's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • SferaNet Spólka Akcyjna's 1-year earnings growth exceeds its 5-year average (85.2% vs -1.6%)
  • SferaNet Spólka Akcyjna's earnings growth has exceeded the PL Telecom industry average in the past year (85.2% vs 13.5%).
Earnings and Revenue History
SferaNet Spólka Akcyjna's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from SferaNet Spólka Akcyjna Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

WSE:SFN Past Revenue, Cash Flow and Net Income Data
Date (Data in PLN Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 4.98 0.30 1.31
2018-12-31 5.19 0.29 1.29
2018-09-30 5.49 0.28 1.26
2018-06-30 5.18 0.19 1.29
2018-03-31 4.58 0.16 1.33
2017-12-31 4.16 0.20 1.31
2017-09-30 3.96 0.18 1.32
2017-06-30 4.54 0.24 1.24
2017-03-31 4.57 0.31 1.14
2016-12-31 4.51 0.30 1.14
2016-09-30 4.15 0.32 1.07
2016-06-30 2.78 0.26 1.24
2016-03-31 2.48 0.18 1.21
2015-12-31 2.37 0.17 1.16
2015-09-30 2.38 0.12 1.18
2015-06-30 2.15 0.01 0.97
2015-03-31 2.33 0.23 0.95
2014-12-31 2.34 0.32 0.90
2014-09-30 2.28 0.38 0.97
2014-06-30 2.38 0.46 0.00
2014-03-31 2.16 0.19 0.01
2013-12-31 2.02 0.11 1.05
2012-12-31 1.80 0.07

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • SferaNet Spólka Akcyjna has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • SferaNet Spólka Akcyjna used its assets less efficiently than the PL Telecom industry average last year based on Return on Assets.
  • SferaNet Spólka Akcyjna has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess SferaNet Spólka Akcyjna's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Telecom industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
SferaNet Spólka Akcyjna has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is SferaNet Spólka Akcyjna's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up SferaNet Spólka Akcyjna's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • SferaNet Spólka Akcyjna's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • SferaNet Spólka Akcyjna's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of SferaNet Spólka Akcyjna's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • SferaNet Spólka Akcyjna has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from SferaNet Spólka Akcyjna Company Filings, last reported 3 months ago.

WSE:SFN Past Debt and Equity Data
Date (Data in PLN Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 5.60 0.00 0.08
2018-12-31 5.35 0.00 0.25
2018-09-30 5.38 0.00 1.92
2018-06-30 5.45 0.00 3.67
2018-03-31 5.09 0.00 4.82
2017-12-31 5.06 0.79 4.93
2017-09-30 4.98 0.43 0.05
2017-06-30 4.97 0.47 0.12
2017-03-31 4.93 0.57 0.01
2016-12-31 4.86 1.05 0.00
2016-09-30 4.81 0.64 0.51
2016-06-30 4.72 0.72 0.12
2016-03-31 4.62 0.71 0.09
2015-12-31 4.56 1.45 0.38
2015-09-30 2.99 2.20 0.13
2015-06-30
2015-03-31 2.94 1.13 0.68
2014-12-31 2.89 0.72 0.02
2014-09-30 2.88 0.00 0.35
2014-06-30 2.36 0.00 0.06
2014-03-31 1.79 0.00 0.43
2013-12-31 1.65 0.65 0.03
2012-12-31 1.05 0.00 0.00
  • SferaNet Spólka Akcyjna has no debt.
  • SferaNet Spólka Akcyjna had no debt 5 years ago.
  • SferaNet Spólka Akcyjna has no debt, it does not need to be covered by operating cash flow.
  • SferaNet Spólka Akcyjna has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess SferaNet Spólka Akcyjna's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. SferaNet Spólka Akcyjna has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is SferaNet Spólka Akcyjna's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from SferaNet Spólka Akcyjna dividends.
If you bought PLN2,000 of SferaNet Spólka Akcyjna shares you are expected to receive PLN0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate SferaNet Spólka Akcyjna's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate SferaNet Spólka Akcyjna's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
WSE:SFN Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Poland Telecom Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 23.6%
Poland Market Average Dividend Yield Market Cap Weighted Average of 203 Stocks 4.2%
Poland Minimum Threshold Dividend Yield 10th Percentile 1.5%
Poland Bottom 25% Dividend Yield 25th Percentile 2.8%
Poland Top 25% Dividend Yield 75th Percentile 7.1%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as SferaNet Spólka Akcyjna has not reported any payouts.
  • Unable to verify if SferaNet Spólka Akcyjna's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of SferaNet Spólka Akcyjna's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as SferaNet Spólka Akcyjna has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess SferaNet Spólka Akcyjna's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.5%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can SferaNet Spólka Akcyjna afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. SferaNet Spólka Akcyjna has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Boguslaw Sromek
CEO Bio

Mr. Boguslaw Sromek serves as the President of Management Board of SferaNET S.A.

CEO Compensation
  • Insufficient data for Boguslaw to compare compensation growth.
  • Insufficient data for Boguslaw to establish whether their remuneration is reasonable compared to companies of similar size in Poland.
Management Team

Boguslaw Sromek

TITLE
President of Management Board
Board of Directors

Michal Damek

TITLE
Chairman of Supervisory Board

Krzysztof Kotas

TITLE
Member of Supervisory Board

Leslaw Tlaga

TITLE
Member of Supervisory Board

Jacek Cieciak

TITLE
Member of Supervisory Board

Miroslaw Hejosz

TITLE
Member of Supervisory Board
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (PLN) Value (PLN)
X
Management checks
We assess SferaNet Spólka Akcyjna's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. SferaNet Spólka Akcyjna has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Do Directors Own SferaNet Spólka Akcyjna (WSE:SFN) Shares?

With a market capitalization of zł3.9m, SferaNet Spólka Akcyjna is a small cap stock, so it might not be well known by many institutional investors. … View our latest analysis for SferaNet Spólka Akcyjna WSE:SFN Ownership Summary, July 4th 2019 What Does The Institutional Ownership Tell Us About SferaNet Spólka Akcyjna? … Insider Ownership Of SferaNet Spólka Akcyjna The definition of company insiders can be subjective, and does vary between jurisdictions.

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Do SferaNet Spólka Akcyjna's (WSE:SFN) Earnings Warrant Your Attention?

In contrast to all that, I prefer to spend time on companies like SferaNet Spólka Akcyjna (WSE:SFN), which has not only revenues, but also profits. … We can see that in the last three years SferaNet Spólka Akcyjna grew its EPS by 9.1% per year. … While we note SferaNet Spólka Akcyjna's EBIT margins were flat over the last year, revenue grew by a solid 25% to zł5.2m.

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Where SferaNet Spólka Akcyjna (WSE:SFN) Stands In Terms Of Earnings Growth Against Its Industry

Examining how SferaNet Spólka Akcyjna (WSE:SFN) is performing as a company requires looking at more than just a years' earnings. … Below, I will run you through a simple sense check to build perspective on how SferaNet Spólka Akcyjna is doing by comparing its most recent earnings with its historical trend, in addition to the performance of its telecom industry peers. … Check out our latest analysis for SferaNet Spólka Akcyjna?

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Do You Know What SferaNet Spólka Akcyjna's (WSE:SFN) P/E Ratio Means?

We'll look at SferaNet Spólka Akcyjna's (WSE:SFN) P/E ratio and reflect on what it tells us about the company's share price. … SferaNet Spólka Akcyjna has a P/E ratio of 11.2, based on the last twelve months. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

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What Kind Of Shareholders Own SferaNet Spólka Akcyjna (WSE:SFN)?

Every investor in SferaNet Spólka Akcyjna (WSE:SFN) should be aware of the most powerful shareholder groups. … Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … SferaNet Spólka Akcyjna is a smaller company with a market capitalization of zł4.0m, so it may still be flying under the radar of many institutional investors.

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How Financially Strong Is SferaNet Spólka Akcyjna (WSE:SFN)?

SferaNet Spólka Akcyjna (WSE:SFN), which has zero-debt on its balance sheet, can maximize capital returns by increasing debt due to its lower cost of capital. … Is SFN right in choosing financial flexibility over lower cost of capital. … Debt capital generally has lower cost of capital compared to equity funding

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Why SferaNet Spólka Akcyjna's (WSE:SFN) High P/E Ratio Isn't Necessarily A Bad Thing

We'll look at SferaNet Spólka Akcyjna's (WSE:SFN) P/E ratio and reflect on what it tells us about the company's share price. … SferaNet Spólka Akcyjna has a P/E ratio of 37.39, based on the last twelve months. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)

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Can We See Significant Insider Ownership On The SferaNet Spólka Akcyjna (WSE:SFN) Share Register?

If you want to know who really controls SferaNet Spólka Akcyjna (WSE:SFN), then you'll have to look at the makeup of its share registry. … With a market capitalization of zł6m, SferaNet Spólka Akcyjna is a small cap stock, so it might not be well known by many institutional investors. … See our latest analysis for SferaNet Spólka Akcyjna

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Will SferaNet Spólka Akcyjna (WSE:SFN) Continue To Underperform Its Industry?

By way of learning-by-doing, we'll look at ROE to gain a better understanding SferaNet Spólka Akcyjna (WSE:SFN). … Over the last twelve months SferaNet Spólka Akcyjna has recorded a ROE of 3.6%. … Return on Equity = Net Profit ÷ Shareholders' Equity

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Does SferaNet Spólka Akcyjna's (WSE:SFN) PE Ratio Signal A Selling Opportunity?

and want to start learning about core concepts of fundamental analysis on practical examples from today's market. … SferaNet Spólka Akcyjna (WSE:SFN) is currently trading at a trailing P/E of 41.9x, which is higher than the industry average of 27x. … View our latest analysis for SferaNet Spólka Akcyjna

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Company Info

Description

SferaNET Spólka Akcyjna provides telecommunications services in Poland. The company offers fiber-optic telecommunications services. It serves individual, business, and administration customers, as well as operators. The company was founded in 2004 and is based in Bielsko-Biala, Poland. SferaNET Spólka Akcyjna is a subsidiary of Open-Net S.A.

Details
Name: SferaNet Spólka Akcyjna
SFN
Exchange: WSE
Founded: 2004
PLN3,896,463
4,740,223
Website: http://www.sferanet.pl
Address: SferaNet Spólka Akcyjna
Ul. PCK 8,
Bielsko-Biala,
43-300,
Poland
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
WSE SFN Common Bearer Shares Warsaw Stock Exchange PL PLN 21. Aug 2014
Number of employees
Current staff
Staff numbers
0
SferaNet Spólka Akcyjna employees.
Industry
Alternative Carriers
Telecom
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/22 22:02
End of day share price update: 2019/07/22 00:00
Last earnings filing: 2019/05/15
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.