Stock Analysis Report

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Stalexport Autostrady

Executive Summary

Stalexport Autostrady S.A., together with its subsidiaries, constructs and operates motorways in Poland. More Details

Snowflake Analysis

Flawless balance sheet with proven track record.

Share Price & News

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

Latest Share Price and Events

Stable Share Price: STX is less volatile than 75% of Polish stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: STX's weekly volatility (5%) has been stable over the past year.

Market Performance

7 Day Return




PL Infrastructure


PL Market

1 Year Return




PL Infrastructure


PL Market

Return vs Industry: STX exceeded the Polish Infrastructure industry which returned -19.9% over the past year.

Return vs Market: STX exceeded the Polish Market which returned -6.5% over the past year.

Shareholder returns

7 Day1.3%2.2%2.6%
30 Day13.7%19.3%8.6%
90 Day5.0%11.9%1.6%
1 Year3.7%1.9%-20.6%-21.0%-5.1%-5.9%
3 Year-0.4%-17.3%-19.2%-24.9%-14.9%-20.2%
5 Year27.7%1.3%19.7%5.5%5.2%-6.6%

Long-Term Price Volatility Vs. Market

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

Simply Wall St News


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


Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: STX (PLN3.15) is trading above our estimate of fair value (PLN2.97)

Significantly Below Fair Value: STX is trading above our estimate of fair value.

Price To Earnings Ratio

PE vs Industry: STX is good value based on its PE Ratio (6.6x) compared to the XE Infrastructure industry average (20.4x).

PE vs Market: STX is good value based on its PE Ratio (6.6x) compared to the Polish market (12.8x).

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate STX's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: STX is good value based on its PB Ratio (0.9x) compared to the XE Infrastructure industry average (1.6x).

Next Steps

Future Growth

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


Forecasted Transportation 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 Stalexport Autostrady 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 Stalexport Autostrady performed over the past 5 years?


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: STX has high quality earnings.

Growing Profit Margin: STX's current net profit margins (39%) are higher than last year (23.7%).

Past Earnings Growth Analysis

Earnings Trend: STX's earnings have declined by 5.3% per year over the past 5 years.

Accelerating Growth: STX's earnings growth over the past year (42.7%) exceeds its 5-year average (-5.3% per year).

Earnings vs Industry: STX earnings growth over the past year (42.7%) exceeded the Infrastructure industry -47.7%.

Return on Equity

High ROE: STX's Return on Equity (14.1%) is considered low.

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Financial Health

How is Stalexport Autostrady's financial position?

Financial Position Analysis

Short Term Liabilities: STX's short term assets (PLN455.9M) exceed its short term liabilities (PLN133.7M).

Long Term Liabilities: STX's short term assets (PLN455.9M) exceed its long term liabilities (PLN375.0M).

Debt to Equity History and Analysis

Debt Level: STX is debt free.

Reducing Debt: STX has no debt compared to 5 years ago when its debt to equity ratio was 50.2%.

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

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

Balance Sheet

Next Steps


What is Stalexport Autostrady current dividend yield, its reliability and sustainability?


Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: STX's dividend (1.59%) isn’t notable compared to the bottom 25% of dividend payers in the Polish market (1.83%).

High Dividend: STX's dividend (1.59%) is low compared to the top 25% of dividend payers in the Polish market (5.64%).

Stability and Growth of Payments

Stable Dividend: STX has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: STX has only been paying a dividend for 4 years, and since then payments have fallen.

Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (10.5%), STX's dividend payments are thoroughly covered by earnings.

Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.

Next Steps


How experienced are the management team and are they aligned to shareholders interests?


Average board tenure


Emil Wasacz

no data




Mr. Emil Wasacz serves as the President of Management Board, Chief Executive Officer and General Director of Stalexport Autostrady S.A. (AKA: Stalexport Sa).

CEO Compensation Analysis

Compensation vs Market: Emil's total compensation ($USD753.73K) is above average for companies of similar size in the Polish market ($USD218.84K).

Compensation vs Earnings: Emil's compensation has increased by more than 20% in the past year.

Board Members

Stefano Rossi
Secretary of the Supervisory Boardno datano datano data
Tomasz Dobrowolski
Independent Deputy Chairman of the Supervisory Boardno datazł36.20kno data
Roberto Mengucci
Chairman of Supervisory Board11.33yrsno data0.011%
PLN 85.6k
Nicola Bruno
Member of the Supervisory Board1.83yrsno datano data
Stefano Bonomolo
Member of the Supervisory Board0.42yrno datano data


Average Tenure

Experienced Board: STX's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.


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

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

Key Information

  • Name: Stalexport Autostrady S.A.
  • Ticker: STX
  • Exchange: WSE
  • Founded: 1963
  • Industry: Highways and Railtracks
  • Sector: Transportation
  • Market Cap: zł776.403m
  • Shares outstanding: 247.26m
  • Website:

Number of Employees


  • Stalexport Autostrady S.A.
  • ul. Piaskowa 20
  • Myslowice
  • 41-404
  • Poland


TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
STXWSE (Warsaw Stock Exchange)YesCommon Bearer SharesPLPLNOct 1994
0LYXLSE (London Stock Exchange)YesCommon Bearer SharesGBPLNOct 1994


Stalexport Autostrady S.A., together with its subsidiaries, constructs and operates motorways in Poland. The company operates a Katowice-Kraków section of the A4 motorway. It also constructs roads and rail...

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/26 18:03
End of Day Share Price2020/11/26 00:00
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.