Financials Lubelski Wegiel Bogdanka S.A.

Equities

LWB

PLLWBGD00016

Coal

Market Closed - Warsaw S.E. 11:55:56 2024-05-13 am EDT 5-day change 1st Jan Change
30.64 PLN -0.84% Intraday chart for Lubelski Wegiel Bogdanka S.A. +2.61% -9.94%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 1,185 653.1 1,088 1,698 1,157 1,042 - -
Enterprise Value (EV) 1 835.3 422.5 496.2 1,698 1,157 377.2 303.5 509.9
P/E ratio 3.84 x 8.97 x 3.77 x 9.69 x 1.68 x 4.26 x 3.4 x 3.56 x
Yield 2.15% - - - - 12.4% 9.14% -
Capitalization / Revenue 0.55 x 0.36 x 0.46 x 0.69 x 0.29 x 0.33 x 0.32 x 0.31 x
EV / Revenue 0.39 x 0.23 x 0.21 x 0.69 x 0.29 x 0.12 x 0.09 x 0.15 x
EV / EBITDA 1.09 x 0.92 x 0.62 x 2.84 x 0.91 x 0.43 x 0.34 x 0.56 x
EV / FCF 3,313,919 x -3,339,174 x 1,325,804 x - 3,529,121 x - 2,093,285 x -1,164,101 x
FCF Yield 0% -0% 0% - 0% - 0% -0%
Price to Book 0.37 x 0.2 x 0.3 x - - 0.23 x 0.22 x 0.2 x
Nbr of stocks (in thousands) 34,014 34,014 34,014 34,014 34,014 34,014 - -
Reference price 2 34.85 19.20 32.00 49.92 34.02 30.64 30.64 30.64
Announcement Date 3/26/20 3/25/21 3/23/22 3/23/23 3/20/24 - - -
1PLN in Million2PLN
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2,158 1,822 2,371 2,452 3,939 3,192 3,262 3,360
EBITDA 1 767.6 459.9 796.9 598.8 1,277 885.5 897.8 911.5
EBIT 1 375.2 95.24 366.8 200.3 839.8 363.2 354.2 337.2
Operating Margin 17.39% 5.23% 15.47% 8.17% 21.32% 11.38% 10.86% 10.04%
Earnings before Tax (EBT) 1 378.6 93.19 359.1 219.7 850.6 309 384 366
Net income 1 308.6 72.88 288.4 175.3 687 299.2 282.8 268.8
Net margin 14.3% 4% 12.16% 7.15% 17.44% 9.37% 8.67% 8%
EPS 2 9.070 2.140 8.480 5.150 20.20 7.200 9.000 8.600
Free Cash Flow 252 -126.5 374.3 - 327.9 - 145 -438
FCF margin 11.68% -6.94% 15.78% - 8.32% - 4.45% -13.04%
FCF Conversion (EBITDA) 32.84% - 46.96% - 25.67% - 16.15% -
FCF Conversion (Net income) 81.69% - 129.79% - 47.73% - 51.26% -
Dividend per Share 2 0.7500 - - - - 3.800 2.800 -
Announcement Date 3/26/20 3/25/21 3/23/22 3/23/23 3/20/24 - - -
1PLN in Million2PLN
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2
Net sales 1 - 621.9 702.8 731.8 730.8 567.5 421.6 941 884.4 863.7 1,251 815.9 -
EBITDA 1 222.2 208.5 258.7 276.5 338.9 61 -73.11 291.6 241.2 140.6 650.1 162.5 95
EBIT 1 - 96.6 154 179.7 232.3 -37.9 -173.7 155.8 119.2 34.04 530.9 48.3 -
Operating Margin - 15.53% 21.91% 24.56% 31.79% -6.68% -41.2% 16.55% 13.48% 3.94% 42.45% 5.92% -
Earnings before Tax (EBT) - - - - - - - - - - - - -
Net income - 73.39 123.2 143.2 192.6 -25.8 -134.6 126.4 99.68 30.83 430.2 - -
Net margin - 11.8% 17.53% 19.57% 26.35% -4.55% -31.93% 13.43% 11.27% 3.57% 34.4% - -
EPS - - - - - - - - - - - - -
Dividend per Share - - - - - - - - - - - - -
Announcement Date 9/3/20 11/25/21 3/23/22 5/24/22 9/14/22 11/23/22 3/23/23 5/24/23 9/13/23 11/22/23 3/20/24 - -
1PLN in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 350 231 592 - - 665 739 532
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 252 -127 374 - 328 - 145 -438
ROE (net income / shareholders' equity) 10% 2.24% 8.39% - - - - -
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share 2 94.60 96.70 105.0 - - 133.0 142.0 151.0
Cash Flow per Share - - - - - - - -
Capex 1 469 603 389 - 763 931 831 1,121
Capex / Sales 21.73% 33.12% 16.39% - 19.37% 29.15% 25.46% 33.35%
Announcement Date 3/26/20 3/25/21 3/23/22 3/23/23 3/20/24 - - -
1PLN in Million2PLN
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
SELL
Number of Analysts
3
Last Close Price
30.64 PLN
Average target price
33.37 PLN
Spread / Average Target
+8.90%
Consensus

Quarterly revenue - Rate of surprise

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