Vital a.d (BELEX:VITL) - Share price, News & Analysis

VITL fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	2/6
Financial Health	6/6
Dividends	0/6

VITL Stock Overview

Vital a.d. produces cooking oil and vegetable fats in the Balkans.

Rewards

Trading at 79.4% below our estimate of its fair value

Risk Analysis

Shares are highly illiquid

Latest financial reports are more than a year old

Does not have a meaningful market cap (RSD789M)

Profit margins (1%) are lower than last year (15%)

Vital a.d Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Vital a.d
Historical stock prices
Current Share Price	дин1,033.00
52 Week High	дин1,300.00
52 Week Low	дин1,033.00
Beta	0.34
1 Month Change	0%
3 Month Change	n/a
1 Year Change	-2.09%
3 Year Change	51.91%
5 Year Change	29.13%
Change since IPO	-45.63%

Recent News & Updates

Jan 21

What Do The Returns At Vital a.d (BELEX:VITL) Mean Going Forward?

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...

Shareholder Returns

	VITL	RS Food	RS Market
7D	0%	-1.4%	-0.5%
1Y	-2.1%	-11.7%	-4.8%

Return vs Industry: VITL exceeded the RS Food industry which returned -11.7% over the past year.

Return vs Market: VITL exceeded the RS Market which returned -4.8% over the past year.

Price Volatility

Is VITL's price volatile compared to industry and market?
VITL volatility
VITL Average Weekly Movement	n/a
Food Industry Average Movement	5.4%
Market Average Movement	6.5%
10% most volatile stocks in RS Market	11.9%
10% least volatile stocks in RS Market	3.6%

Stable Share Price: Insufficient data to determine VITL's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine VITL's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1855	352	n/a	https://vital.rs

Vital a.d. produces cooking oil and vegetable fats in the Balkans. It provides oil, vinegar, BBQ sauce, grill sauce, vegetable ghee, mustard, tartar sauce, margarines, margarine spreads, mayonnaise, ketchup, and vegetable fats. The company was founded in 1855 and is headquartered in Vrbas, Serbia.

Vital a.d Fundamentals Summary

How do Vital a.d's earnings and revenue compare to its market cap?
VITL fundamental statistics
Market Cap	дин789.15m
Earnings (TTM)	дин41.34m
Revenue (TTM)	дин4.06b

19.1x

P/E Ratio

0.2x

P/S Ratio

Is VITL overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
VITL income statement (TTM)
Revenue	дин4.06b
Cost of Revenue	дин3.36b
Gross Profit	дин702.60m
Other Expenses	дин661.26m
Earnings	дин41.34m

Last Reported Earnings

Dec 31, 2020

Next Earnings Date

n/a

Earnings per share (EPS)	54.11
Gross Margin	17.29%
Net Profit Margin	1.02%
Debt/Equity Ratio	76.6%

How did VITL perform over the long term?

See historical performance and comparison

Valuation

Is Vital a.d undervalued compared to its fair value and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: VITL (RSD1033) is trading below our estimate of fair value (RSD5020.81)

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

Price To Earnings Ratio

PE vs Industry: VITL is poor value based on its PE Ratio (19.1x) compared to the European Food industry average (17.4x).

PE vs Market: VITL is poor value based on its PE Ratio (19.1x) compared to the RS market (10.2x).

Price to Earnings Growth Ratio

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

Price to Book Ratio

PB vs Industry: VITL is good value based on its PB Ratio (0.5x) compared to the XE Food industry average (1.2x).

Future Growth

How is Vital a.d forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

0.4%

Forecasted Food, Beverage & Tobacco 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 Vital a.d 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.

Past Performance

How has Vital a.d performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

-94.7%

Last years earnings growth

Earnings and Revenue History

Quality Earnings: VITL has high quality earnings.

Growing Profit Margin: VITL's current net profit margins (1%) are lower than last year (15%).

Past Earnings Growth Analysis

Earnings Trend: VITL has become profitable over the past 5 years.

Accelerating Growth: VITL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: VITL had negative earnings growth (-94.7%) over the past year, making it difficult to compare to the Food industry average (14.2%).

Return on Equity

High ROE: VITL's Return on Equity (2.4%) is considered low.

Financial Health

How is Vital a.d's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: VITL's short term assets (RSD3.7B) exceed its short term liabilities (RSD1.6B).

Long Term Liabilities: VITL's short term assets (RSD3.7B) exceed its long term liabilities (RSD1.4B).

Debt to Equity History and Analysis

Debt Level: VITL's net debt to equity ratio (39.8%) is considered satisfactory.

Reducing Debt: VITL's debt to equity ratio has reduced from 213.7% to 76.7% over the past 5 years.

Debt Coverage: VITL's debt is well covered by operating cash flow (28.5%).

Interest Coverage: VITL's interest payments on its debt are well covered by EBIT (3.3x coverage).

Balance Sheet

Dividend

What is Vital a.d current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if VITL's dividend payments have been increasing.

Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as VITL has not reported any payouts.

Next Steps

Explore strong dividend paying companies in the Food, Beverage & Tobacco industry.

Management

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

CEO

Vital a.d has no CEO, or we have no data on them.

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 not been meaningfully diluted in the past year.

Data	Last Updated (UTC time)
Company Analysis	2022/05/16 00:00
End of Day Share Price	2022/05/06 00:00
Earnings	2020/12/31
Annual Earnings	2020/12/31