Financials Remor Solar Polska S.A.

Equities

RSP

PLAGRTR00011

Distillers & Wineries

End-of-day quote Warsaw S.E. 03:30:00 03/06/2024 am IST 5-day change 1st Jan Change
12.2 PLN -2.40% Intraday chart for Remor Solar Polska S.A. 0.00% -6.15%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 4.252 1.539 8.586 33.88 25.29 68.81
Enterprise Value (EV) 1 5.24 2.53 8.398 32.55 23.61 63.73
P/E ratio -99.7 x -13.1 x 101 x 22.8 x 23.4 x 11.4 x
Yield - - - - - 1.11%
Capitalization / Revenue 32.9 x 8.85 x 4.76 x 1.88 x 1.64 x 1.28 x
EV / Revenue 40.6 x 14.5 x 4.65 x 1.8 x 1.53 x 1.19 x
EV / EBITDA 69.8 x 41 x 34.4 x 15.2 x 14.6 x 8.12 x
EV / FCF -4.84 x - - -105 x -8.88 x 323 x
FCF Yield -20.6% - - -0.95% -11.3% 0.31%
Price to Book 0.87 x 0.32 x 1.76 x 3.78 x 1.99 x 3.35 x
Nbr of stocks (in thousands) 4,050 4,050 4,050 6,050 6,050 7,662
Reference price 2 1.050 0.3800 2.120 5.600 4.180 8.980
Announcement Date 31/05/18 31/05/19 29/05/20 31/05/21 31/05/22 31/05/23
1PLN in Million2PLN
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 0.1291 0.1739 1.805 18.03 15.44 53.73
EBITDA 1 0.075 0.0617 0.2443 2.136 1.613 7.843
EBIT 1 0.005747 0.0284 0.211 2.075 1.503 7.594
Operating Margin 4.45% 16.35% 11.69% 11.51% 9.74% 14.13%
Earnings before Tax (EBT) 1 -0.0426 -0.1174 0.0847 1.844 1.372 7.524
Net income 1 -0.0426 -0.1174 0.0847 1.486 1.08 6.019
Net margin -33.03% -67.49% 4.69% 8.24% 7% 11.2%
EPS 2 -0.0105 -0.0290 0.0209 0.2457 0.1786 0.7855
Free Cash Flow 1 -1.082 - - -0.3096 -2.657 0.1971
FCF margin -838.15% - - -1.72% -17.21% 0.37%
FCF Conversion (EBITDA) - - - - - 2.51%
FCF Conversion (Net income) - - - - - 3.27%
Dividend per Share - - - - - 0.1000
Announcement Date 31/05/18 31/05/19 29/05/20 31/05/21 31/05/22 31/05/23
1PLN in Million2PLN
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 0.99 0.99 - - - -
Net Cash position 1 - - 0.19 1.33 1.68 5.08
Leverage (Debt/EBITDA) 13.16 x 16.06 x - - - -
Free Cash Flow 1 -1.08 - - -0.31 -2.66 0.2
ROE (net income / shareholders' equity) -0.87% -2.43% 1.76% 21.5% 9.97% 36.2%
ROA (Net income/ Total Assets) 0.05% 0.26% 1.72% 11% 5.33% 17.9%
Assets 1 -78.53 -45.79 4.924 13.49 20.26 33.62
Book Value Per Share 2 1.210 1.180 1.200 1.480 2.100 2.680
Cash Flow per Share 2 0.0600 0.0500 0 0.0100 0.0300 0.1900
Capex - - - - 0.22 0.84
Capex / Sales - - - - 1.43% 1.56%
Announcement Date 31/05/18 31/05/19 29/05/20 31/05/21 31/05/22 31/05/23
1PLN in Million2PLN
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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