Financials Standrew S.A.

Equities

STD

PLSTNDR00019

Forest & Wood Products

End-of-day quote Warsaw S.E. 06:00:00 2024-07-16 pm EDT 5-day change 1st Jan Change
15 PLN 0.00% Intraday chart for Standrew S.A. 0.00% -5.36%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 15.7 16.76 12.42 7.952 29.53 24.01
Enterprise Value (EV) 1 24.35 26.26 23.22 17.47 38.51 32.53
P/E ratio 126 x 46.7 x 37.2 x 9.18 x 42.3 x 156 x
Yield - - - - - -
Capitalization / Revenue 0.7 x 0.82 x 0.81 x 0.43 x 1.4 x 1.03 x
EV / Revenue 1.09 x 1.29 x 1.51 x 0.94 x 1.83 x 1.4 x
EV / EBITDA 13.7 x 19.9 x 20.7 x 11.6 x 16 x 18.1 x
EV / FCF 91.8 x -358 x -15.5 x 11.3 x 33.3 x 11.3 x
FCF Yield 1.09% -0.28% -6.44% 8.82% 3% 8.86%
Price to Book 3.26 x 3.23 x 2.24 x 1.24 x 4.16 x 3.29 x
Nbr of stocks (in thousands) 1,510 1,510 1,515 1,515 1,515 1,515
Reference price 2 10.40 11.10 8.200 5.250 19.50 15.85
Announcement Date 5/29/19 6/5/20 5/28/21 5/20/22 5/26/23 5/31/24
1PLN in Million2PLN
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 22.37 20.36 15.35 18.57 21.05 23.29
EBITDA 1 1.783 1.32 1.12 1.502 2.411 1.798
EBIT 1 1.117 0.7655 0.6111 0.9811 1.865 1.207
Operating Margin 4.99% 3.76% 3.98% 5.28% 8.86% 5.18%
Earnings before Tax (EBT) 1 0.1995 0.4772 0.4628 0.9914 0.9088 0.2428
Net income 1 0.1242 0.3597 0.334 0.8665 0.698 0.1543
Net margin 0.56% 1.77% 2.18% 4.67% 3.32% 0.66%
EPS 2 0.0823 0.2375 0.2205 0.5721 0.4608 0.1016
Free Cash Flow 1 0.2654 -0.0733 -1.495 1.541 1.157 2.881
FCF margin 1.19% -0.36% -9.74% 8.3% 5.49% 12.37%
FCF Conversion (EBITDA) 14.88% - - 102.62% 47.99% 160.21%
FCF Conversion (Net income) 213.64% - - 177.87% 165.74% 1,867.36%
Dividend per Share - - - - - -
Announcement Date 5/29/19 6/5/20 5/28/21 5/20/22 5/26/23 5/31/24
1PLN in Million2PLN
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 8.65 9.5 10.8 9.52 8.98 8.52
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 4.851 x 7.195 x 9.648 x 6.336 x 3.724 x 4.737 x
Free Cash Flow 1 0.27 -0.07 -1.5 1.54 1.16 2.88
ROE (net income / shareholders' equity) 2.61% 7.18% 6.22% 14.5% 10.3% 2.14%
ROA (Net income/ Total Assets) 3.61% 2.48% 1.91% 3.1% 5.81% 3.62%
Assets 1 3.446 14.48 17.45 27.92 12.01 4.265
Book Value Per Share 2 3.190 3.440 3.660 4.230 4.690 4.810
Cash Flow per Share 2 0.4200 0.4600 0.2100 0.2100 0.4300 0.0500
Capex 1 0.2 1.66 0.21 0.32 0.22 0.04
Capex / Sales 0.91% 8.16% 1.34% 1.7% 1.03% 0.17%
Announcement Date 5/29/19 6/5/20 5/28/21 5/20/22 5/26/23 5/31/24
1PLN in Million2PLN
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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