Financials Sanok Rubber Company Spólka Akcyjna

Equities

SNK

PLSTLSK00016

Tires & Rubber Products

Market Closed - Warsaw S.E. Other stock markets 11:55:56 2024-04-26 am EDT			5-day change	1st Jan Change
22.8 ^PLN	+0.44%		+0.44%	-7.32%

Mar. 05	Sanok Rubber Company Spólka Akcyjna completed the acquisition of Teknikum Group Ltd.	CI
Jan. 29	Tranche Update on Sanok Rubber Company Spólka Akcyjna's Equity Buyback Plan announced on November 14, 2023.	CI

Valuation

Fiscal Period: December	2019	2020	2021	2023	2024	2025
Capitalization ¹	518.8	525.5	443.6	641.5	594.5	-
Enterprise Value (EV) ¹	518.8	525.5	581	711.1	687.5	674.8
P/E ratio	10.3 x	14.8 x	14.9 x	8.95 x	11.1 x	9.87 x
Yield	-	-	-	-	7.11%	6.03%
Capitalization / Revenue	0.49 x	-	0.38 x	0.44 x	0.41 x	0.4 x
EV / Revenue	0.49 x	-	0.5 x	0.49 x	0.47 x	0.45 x
EV / EBITDA	5.88 x	-	5.63 x	4.73 x	5.05 x	4.79 x
EV / FCF	-	-	16.2 x	5.83 x	12.5 x	12.3 x
FCF Yield	-	-	6.17%	17.2%	8%	8.15%
Price to Book	-	-	0.88 x	-	-	-
Nbr of stocks (in thousands)	26,882	26,882	26,882	26,075	26,075	-
Reference price ²	19.30	19.55	16.50	24.60	22.80	22.80
Announcement Date	1/15/20	3/26/21	3/25/22	3/22/24	-	-

¹PLN in Million²PLN

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2019	2020	2021	2023	2024	2025
Net sales ¹	1,052	-	1,172	1,446	1,450	1,496
EBITDA ¹	88.3	-	103.2	150.3	136	140.8
EBIT ¹	32.58	-	39.85	86.37	72.4	77.15
Operating Margin	3.1%	-	3.4%	5.97%	4.99%	5.16%
Earnings before Tax (EBT)	-	-	37.73	-	-	-
Net income ¹	51.46	36.22	30.45	74.04	55.4	62.1
Net margin	4.89%	-	2.6%	5.12%	3.82%	4.15%
EPS ²	1.870	1.320	1.110	2.750	2.060	2.310
Free Cash Flow ¹	-	-	35.87	122	55	55
FCF margin	-	-	3.06%	8.44%	3.79%	3.68%
FCF Conversion (EBITDA)	-	-	34.77%	81.16%	40.43%	39.06%
FCF Conversion (Net income)	-	-	117.8%	164.79%	99.28%	88.57%
Dividend per Share ²	-	-	-	-	1.620	1.375
Announcement Date	1/15/20	3/26/21	3/25/22	3/22/24	-	-

¹PLN in Million²PLN

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December	2023 Q3	2023 Q4
Net sales ¹	359.4	327
EBITDA ¹	-	29.37
EBIT ¹	-	13.4
Operating Margin	-	4.1%
Earnings before Tax (EBT)	-	-
Net income ¹	15.82	11.92
Net margin	4.4%	3.65%
EPS	-	-
Dividend per Share	-	-
Announcement Date	11/17/23	3/22/24

¹PLN in Million

Estimates

Balance Sheet Analysis

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025
Net Debt ¹	-	-	137	-	69.6	93	80.3
Net Cash position ¹	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	1.332 x	-	0.4631 x	0.6832 x	0.5703 x
Free Cash Flow ¹	-	-	35.9	-	122	55	55
ROE (net income / shareholders' equity)	-	-	6.09%	10.8%	-	-	-
ROA (Net income/ Total Assets)	-	-	-	-	-	-	-
Assets ¹	-	-	-	-	-	-	-
Book Value Per Share	-	-	18.70	-	-	-	-
Cash Flow per Share	-	-	-	-	-	-	-
Capex ¹	-	-	39.1	-	65.9	70	70
Capex / Sales	-	-	3.34%	-	4.56%	4.83%	4.68%
Announcement Date	1/15/20	3/26/21	3/25/22	-	3/22/24	-	-

¹PLN in Million

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Sanok Rubber Company Spólka Akcyjna

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

22.8 PLN

Average target price

24.8 PLN

Spread / Average Target

+8.77%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

Sector Industrial Rubber Products

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Industrial Rubber Products