WSE:GNG

Stock Analysis Report

Executive Summary

G-Energy S.A. operates in the renewable energy sector in Poland.


Snowflake Analysis

Excellent balance sheet with proven track record.

Share Price & News

How has G-Energy's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

1.1%

GNG

0.7%

PL Renewable Energy

1.0%

PL Market


1 Year Return

64.1%

GNG

2.5%

PL Renewable Energy

-33.3%

PL Market

Return vs Industry: GNG exceeded the Polish Renewable Energy industry which returned 2.7% over the past year.

Return vs Market: GNG exceeded the Polish Market which returned -33.2% over the past year.


Shareholder returns

GNGIndustryMarket
7 Day1.1%0.7%1.0%
30 Day-30.2%-15.8%-15.6%
90 Day-27.5%-10.0%-28.2%
1 Year64.1%64.1%5.4%2.5%-31.3%-33.3%
3 Year326.7%326.7%54.6%43.5%-33.2%-38.0%
5 Year81.5%53.6%56.2%38.7%-30.0%-38.9%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is G-Energy undervalued compared to its fair value and its price relative to the market?

16.19x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: GNG (PLN0.38) is trading above our estimate of fair value (PLN0.3)

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


Price To Earnings Ratio

PE vs Industry: GNG is good value based on its PE Ratio (16.2x) compared to the Renewable Energy industry average (23.7x).

PE vs Market: GNG is poor value based on its PE Ratio (16.2x) compared to the Polish market (9.3x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: GNG is overvalued based on its PB Ratio (3x) compared to the XE Renewable Energy industry average (1.4x).


Next Steps

Future Growth

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

12.1%

Forecasted Utilities 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 G-Energy 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 G-Energy performed over the past 5 years?

79.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GNG has a high level of non-cash earnings.

Growing Profit Margin: GNG's current net profit margins (21.1%) are higher than last year (11.1%).


Past Earnings Growth Analysis

Earnings Trend: GNG has become profitable over the past 5 years, growing earnings by 79% per year.

Accelerating Growth: GNG's earnings growth over the past year (428.2%) exceeds its 5-year average (79% per year).

Earnings vs Industry: GNG earnings growth over the past year (428.2%) exceeded the Renewable Energy industry 23.7%.


Return on Equity

High ROE: GNG's Return on Equity (18.6%) is considered low.


Next Steps

Financial Health

How is G-Energy's financial position?


Financial Position Analysis

Short Term Liabilities: GNG's short term assets (PLN10.0M) exceed its short term liabilities (PLN6.9M).

Long Term Liabilities: GNG has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: GNG's debt to equity ratio (8.3%) is considered satisfactory.

Reducing Debt: GNG's debt to equity ratio has increased from 0.1% to 8.3% over the past 5 years.

Debt Coverage: GNG's debt is well covered by operating cash flow (71.8%).

Interest Coverage: GNG earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet

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

Debt Coverage by Assets: GNG's debt is covered by short term assets (assets are 9.8x debt).


Next Steps

Dividend

What is G-Energy's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


CEO

Jacek Koralewski (45yo)

no data

Tenure

Mr. Jacek Koralewski has been the Chairman of Management Board at Elkop Energy Spólka Akcyjna (now known as G-Energy S.A.) and Elkop Spólka Akcyjna since 2010. Mr. Koralewski served as Inspector in the Adm ...


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 substantially diluted in the past year, with total shares outstanding growing by 106.4%.


Top Shareholders

Company Information

G-Energy S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: G-Energy S.A.
  • Ticker: GNG
  • Exchange: WSE
  • Founded: 2010
  • Industry: Independent Power Producers and Energy Traders
  • Sector: Utilities
  • Market Cap: zł37.248m
  • Shares outstanding: 97.00m
  • Website: https://www.genergy.pl

Location

  • G-Energy S.A.
  • Aleje Ujazdowskie 18 lok 10
  • Warsaw
  • 00-478
  • Poland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GNGWSE (Warsaw Stock Exchange)YesCommon Bearer SharesPLPLNJul 2012

Biography

G-Energy S.A. operates in the renewable energy sector in Poland. It generates electricity through wind, biomass, and solar energy sources. The company was formerly known as Elkop Energy Spólka Akcyjna and changed its name to G-Energy S.A. in March 2014. G-Energy S.A. was founded in 2010 and is headquartered in Warsaw, Poland. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/06 00:31
End of Day Share Price2020/04/03 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.