OM:POLY

Stock Analysis Report

Executive Summary

Polyplank AB (publ) manufactures and sells wood products made of recycled thermoplastics and organic fibers primarily in Sweden.


Snowflake Analysis

Worrying balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

-14.4%

POLY

-3.7%

SE Building

-4.1%

SE Market


1 Year Return

488.9%

POLY

28.5%

SE Building

17.2%

SE Market

Return vs Industry: POLY exceeded the Swedish Building industry which returned 34.2% over the past year.

Return vs Market: POLY exceeded the Swedish Market which returned 21.9% over the past year.


Shareholder returns

POLYIndustryMarket
7 Day-14.4%-3.7%-4.1%
30 Day27.2%-1.4%-0.5%
90 Day25.8%6.0%5.2%
1 Year488.9%488.9%30.6%28.5%21.9%17.2%
3 Year-68.5%-69.7%56.1%48.4%34.6%14.2%
5 Year-92.5%-94.4%79.4%64.7%41.1%11.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

51.83x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate POLY's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate POLY's fair value to establish if it is undervalued.


Price To Earnings Ratio

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

PE vs Market: POLY is unprofitable, so we can't compare its PE Ratio to the Swedish market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: POLY is overvalued based on its PB Ratio (54.5x) compared to the SE Building industry average (2.8x).


Next Steps

Future Growth

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

8.4%

Forecasted Capital Goods 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 Polyplank 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 Polyplank performed over the past 5 years?

24.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: POLY is currently unprofitable.

Growing Profit Margin: POLY is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: POLY is unprofitable, but has reduced losses over the past 5 years at a rate of 24% per year.

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

Earnings vs Industry: POLY is unprofitable, making it difficult to compare its past year earnings growth to the Building industry (30.1%).


Return on Equity

High ROE: POLY has a negative Return on Equity (-902.11%), as it is currently unprofitable.


Next Steps

Financial Health

How is Polyplank's financial position?


Financial Position Analysis

Short Term Liabilities: POLY's short term assets (SEK9.9M) do not cover its short term liabilities (SEK18.9M).

Long Term Liabilities: POLY's short term assets (SEK9.9M) exceed its long term liabilities (SEK4.2M).


Debt to Equity History and Analysis

Debt Level: POLY's debt to equity ratio (952.4%) is considered high.

Reducing Debt: POLY's debt to equity ratio has increased from 361.6% to 952.4% over the past 5 years.


Balance Sheet

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

Debt Coverage by Assets: POLY's debt is covered by short term assets (assets are 1.2x debt).


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: POLY has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: POLY has less than a year of cash runway if free cash flow continues to grow at historical rates of 5.7% each year.


Next Steps

Dividend

What is Polyplank's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if POLY'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 POLY's dividend in 3 years as they are not forecast to pay a notable one for the Swedish market.


Next Steps

Management

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

5.3yrs

Average board tenure


CEO

Cay Strandén (60yo)

3.6yrs

Tenure

kr1,496,000

Compensation

Mr. Cay Strandén has been the Chief Executive Officer and President at Polyplank AB (publ) since July 1, 2016. Mr. Strandén served as Chief Executive Officer of Inwido Poland at Inwido AB. 


CEO Compensation Analysis

Compensation vs Market: Cay's total compensation ($USD153.70K) is about average for companies of similar size in the Swedish market ($USD205.84K).

Compensation vs Earnings: Cay's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Leif Jilkén
Director26.1yrskr74.00kno data
Henrik von Heijne
Director6.4yrskr61.00k0.021% SEK12.9k
Annika Fernlund
Chairman of the Board2.1yrskr236.00k0.97% SEK601.9k
Mette Wichman
Director4.1yrskr61.00k0.43% SEK270.8k

5.3yrs

Average Tenure

70.5yo

Average Age

Experienced Board: POLY's board of directors are considered experienced (5.3 years average tenure).


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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 106.7%.


Top Shareholders

Company Information

Polyplank AB (publ)'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Polyplank AB (publ)
  • Ticker: POLY
  • Exchange: OM
  • Founded: 1994
  • Industry: Building Products
  • Sector: Capital Goods
  • Market Cap: kr62.367m
  • Shares outstanding: 338.03m
  • Website: https://www.polyplank.se

Location

  • Polyplank AB (publ)
  • Storgatan 123
  • Färjestaden
  • Kalmar County
  • 386 35
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
POLYOM (OMX Nordic Exchange Stockholm)YesCommon SharesSESEKJan 2007

Biography

Polyplank AB (publ) manufactures and sells wood products made of recycled thermoplastics and organic fibers primarily in Sweden. It offers noise barriers, such as noise shield and protection products; noise monitors; beach shelf for balconies, terraces, and docks; separators and fences; environmental buildings; balconies; poly laundry systems; sleeve plugs to paper bales in the paper industry; and composite profiles for various other applications. The company was founded in 1994 and is based in Färjestaden, Sweden. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/25 20:35
End of Day Share Price2020/02/25 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.