Ciech S.A. Logo

Ciech S.A.

CIE.WA

(2.0)
Stock Price

53,00 PLN

5.29% ROA

13.93% ROE

7.58x PER

Market Cap.

2.793.094.700,00 PLN

82.97% DER

0% Yield

6.77% NPM

Ciech S.A. Stock Analysis

Ciech S.A. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Ciech S.A. Fundamental Stock Analysis
# Analysis Rating
1 ROE

The stock's ROE exceeds expectations (15.21%), revealing strong profitability and efficient use of shareholders' equity, making it an attractive investment opportunity.

2 ROA

The stock's ROA (5.62%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

3 PBV

The stock's PBV ratio (1.1x) reflects a fair valuation, making it an attractive option for investors seeking balanced opportunities.

4 DER

The stock maintains a fair debt to equity ratio (82%), indicating a reasonable balance between the money it owes and the ownership it possesses.

5 Graham Number

The company's Graham number indicates that it is undervalued compared to its stock price, suggesting a potentially favorable investment opportunity.

6 Dividend

The company's consistent dividend payments over the past three years indicate a strong commitment to delivering returns to investors.

7 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock appears undervalued (918), presenting an attractive investment chance with its intrinsic value surpassing the current market price.

8 Revenue Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

9 Net Profit Growth

Over the past five years, this company's net profit has failed to exhibit any growth, indicating a stagnant financial performance and making it a less favorable choice for potential investors.

10 Assets Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

11 Dividend Growth

The company's dividend growth has remained flat for the past three years, offering no indication of improved returns and making it a less advantageous investment opportunity.

Ciech S.A. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Ciech S.A. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Buy

Ciech S.A. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Ciech S.A. Revenue
Year Revenue Growth
2003 1.202.194.000
2004 1.470.007.000 18.22%
2005 2.209.545.000 33.47%
2006 2.174.330.000 -1.62%
2007 3.414.979.000 36.33%
2008 3.781.304.000 9.69%
2009 3.684.225.000 -2.63%
2010 3.960.316.000 6.97%
2011 3.992.381.000 0.8%
2012 3.386.905.000 -17.88%
2013 3.229.700.000 -4.87%
2014 3.243.900.000 0.44%
2015 3.273.014.000 0.89%
2016 3.455.335.000 5.28%
2017 3.579.393.000 3.47%
2018 3.672.658.000 2.54%
2019 3.548.879.000 -3.49%
2020 2.975.733.000 -19.26%
2021 3.459.915.000 13.99%
2022 5.415.459.000 36.11%
2023 4.644.496.000 -16.6%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Ciech S.A. Research and Development Expenses
Year Research and Development Expenses Growth
2003 0
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 5.654.000 100%
2020 933.000 -506%
2021 1.488.000 37.3%
2022 3.442.000 56.77%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Ciech S.A. General and Administrative Expenses
Year General and Administrative Expenses Growth
2003 0
2004 0 0%
2005 167.114.000 100%
2006 160.414.000 -4.18%
2007 270.144.000 40.62%
2008 291.633.000 7.37%
2009 295.137.000 1.19%
2010 231.049.000 -27.74%
2011 191.708.000 -20.52%
2012 154.379.000 -24.18%
2013 147.146.000 -4.92%
2014 150.377.000 2.15%
2015 155.784.000 3.47%
2016 157.990.000 1.4%
2017 141.402.000 -11.73%
2018 144.997.000 2.48%
2019 202.206.000 28.29%
2020 170.624.000 -18.51%
2021 243.319.000 29.88%
2022 295.508.000 17.66%
2023 356.700.000 17.16%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Ciech S.A. EBITDA
Year EBITDA Growth
2003 171.388.000
2004 166.068.000 -3.2%
2005 273.909.000 39.37%
2006 263.784.000 -3.84%
2007 527.602.000 50%
2008 568.169.000 7.14%
2009 424.233.000 -33.93%
2010 548.418.000 22.64%
2011 365.296.000 -50.13%
2012 295.388.000 -23.67%
2013 429.799.000 31.27%
2014 534.924.000 19.65%
2015 597.197.000 10.43%
2016 897.006.000 33.42%
2017 805.761.000 -11.32%
2018 647.003.000 -24.54%
2019 624.357.000 -3.63%
2020 658.507.000 5.19%
2021 726.294.000 9.33%
2022 1.138.933.000 36.23%
2023 1.151.368.000 1.08%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Ciech S.A. Gross Profit
Year Gross Profit Growth
2003 162.137.000
2004 151.250.000 -7.2%
2005 532.960.000 71.62%
2006 498.321.000 -6.95%
2007 808.707.000 38.38%
2008 778.306.000 -3.91%
2009 604.767.000 -28.7%
2010 564.713.000 -7.09%
2011 505.104.000 -11.8%
2012 512.732.000 1.49%
2013 571.647.000 10.31%
2014 680.850.000 16.04%
2015 874.104.000 22.11%
2016 1.039.665.000 15.92%
2017 916.664.000 -13.42%
2018 763.416.000 -20.07%
2019 781.717.000 2.34%
2020 630.666.000 -23.95%
2021 647.573.000 2.61%
2022 1.168.229.000 44.57%
2023 919.200.000 -27.09%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Ciech S.A. Net Profit
Year Net Profit Growth
2003 8.718.000
2004 19.445.000 55.17%
2005 117.853.000 83.5%
2006 123.625.000 4.67%
2007 241.857.000 48.89%
2008 54.845.000 -340.98%
2009 -92.422.000 159.34%
2010 20.603.000 548.59%
2011 1.506.000 -1268.06%
2012 -430.584.000 100.35%
2013 49.447.000 970.8%
2014 167.116.000 70.41%
2015 342.987.000 51.28%
2016 593.513.000 42.21%
2017 393.413.000 -50.86%
2018 183.032.000 -114.94%
2019 117.690.000 -55.52%
2020 129.277.000 8.96%
2021 281.866.000 54.14%
2022 566.937.000 50.28%
2023 206.120.000 -175.05%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Ciech S.A. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2003 0
2004 4 100%
2005 4 0%
2006 6 40%
2007 -1 0%
2008 -1 100%
2009 -3 50%
2010 1 0%
2011 0 0%
2012 -8 100%
2013 1 0%
2014 3 100%
2015 7 50%
2016 11 45.45%
2017 7 -57.14%
2018 3 -133.33%
2019 2 -50%
2020 2 0%
2021 4 50%
2022 11 60%
2023 4 -233.33%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Ciech S.A. Free Cashflow
Year Free Cashflow Growth
2003 22.139.000
2004 -6.783.000 426.39%
2005 -7.094.000 4.38%
2006 15.881.000 144.67%
2007 -1.985.000 900.05%
2008 -423.791.000 99.53%
2009 141.462.000 399.58%
2010 100.510.000 -40.74%
2011 -325.445.000 130.88%
2012 -201.620.000 -61.42%
2013 111.778.000 280.38%
2014 162.615.000 31.26%
2015 -46.462.000 450%
2016 346.581.000 113.41%
2017 217.912.000 -59.05%
2018 -60.408.000 460.73%
2019 119.804.000 150.42%
2020 -71.959.000 266.49%
2021 379.777.000 118.95%
2022 -7.755.000 4997.19%
2023 129.092.000 106.01%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Ciech S.A. Operating Cashflow
Year Operating Cashflow Growth
2003 28.201.000
2004 -2.222.000 1369.17%
2005 113.363.000 101.96%
2006 176.487.000 35.77%
2007 242.649.000 27.27%
2008 33.000.000 -635.3%
2009 393.616.000 91.62%
2010 318.355.000 -23.64%
2011 -19.338.000 1746.27%
2012 97.956.000 119.74%
2013 291.021.000 66.34%
2014 442.576.000 34.24%
2015 457.090.000 3.18%
2016 836.871.000 45.38%
2017 628.832.000 -33.08%
2018 453.938.000 -38.53%
2019 531.864.000 14.65%
2020 767.186.000 30.67%
2021 1.278.917.000 40.01%
2022 842.301.000 -51.84%
2023 289.736.000 -190.71%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Ciech S.A. Capital Expenditure
Year Capital Expenditure Growth
2003 6.062.000
2004 4.561.000 -32.91%
2005 120.457.000 96.21%
2006 160.606.000 25%
2007 244.634.000 34.35%
2008 456.791.000 46.45%
2009 252.154.000 -81.16%
2010 217.845.000 -15.75%
2011 306.107.000 28.83%
2012 299.576.000 -2.18%
2013 179.243.000 -67.13%
2014 279.961.000 35.98%
2015 503.552.000 44.4%
2016 490.290.000 -2.7%
2017 410.920.000 -19.32%
2018 514.346.000 20.11%
2019 412.060.000 -24.82%
2020 839.145.000 50.9%
2021 899.140.000 6.67%
2022 850.056.000 -5.77%
2023 160.644.000 -429.16%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Ciech S.A. Equity
Year Equity Growth
2003 337.567.000
2004 356.022.000 5.18%
2005 920.151.000 61.31%
2006 1.036.348.000 11.21%
2007 1.294.378.000 19.93%
2008 815.464.000 -58.73%
2009 822.952.000 0.91%
2010 823.222.000 0.03%
2011 1.310.111.000 37.16%
2012 886.000.000 -47.87%
2013 911.488.000 2.8%
2014 994.774.000 8.37%
2015 1.345.576.000 26.07%
2016 1.766.827.000 23.84%
2017 2.187.596.000 19.23%
2018 1.970.115.000 -11.04%
2019 1.977.217.000 0.36%
2020 2.118.538.000 6.67%
2021 2.396.931.000 11.61%
2022 2.704.310.000 11.37%
2023 2.534.926.000 -6.68%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Ciech S.A. Assets
Year Assets Growth
2003 815.995.000
2004 822.111.000 0.74%
2005 1.635.132.000 49.72%
2006 2.729.513.000 40.09%
2007 4.234.262.000 35.54%
2008 4.362.114.000 2.93%
2009 4.024.128.000 -8.4%
2010 3.928.937.000 -2.42%
2011 4.066.505.000 3.38%
2012 3.728.035.000 -9.08%
2013 3.210.728.000 -16.11%
2014 3.205.697.000 -0.16%
2015 3.910.273.000 18.02%
2016 4.501.892.000 13.14%
2017 4.643.511.000 3.05%
2018 4.831.303.000 3.89%
2019 5.046.442.000 4.26%
2020 5.707.733.000 11.59%
2021 7.145.820.000 20.12%
2022 8.092.527.000 11.7%
2023 7.493.910.000 -7.99%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Ciech S.A. Liabilities
Year Liabilities Growth
2003 478.428.000
2004 466.089.000 -2.65%
2005 616.001.000 24.34%
2006 1.592.295.000 61.31%
2007 2.850.088.000 44.13%
2008 3.447.826.000 17.34%
2009 3.163.944.000 -8.97%
2010 3.073.239.000 -2.95%
2011 2.758.415.000 -11.41%
2012 2.847.847.000 3.14%
2013 2.313.439.000 -23.1%
2014 2.220.223.000 -4.2%
2015 2.568.769.000 13.57%
2016 2.738.400.000 6.19%
2017 2.458.866.000 -11.37%
2018 2.861.188.000 14.06%
2019 3.069.225.000 6.78%
2020 3.589.195.000 14.49%
2021 4.748.889.000 24.42%
2022 5.388.217.000 11.87%
2023 4.958.984.000 -8.66%

Ciech S.A. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
103.21
Net Income per Share
6.99
Price to Earning Ratio
7.58x
Price To Sales Ratio
0.51x
POCF Ratio
3.93
PFCF Ratio
-8.25
Price to Book Ratio
1.1
EV to Sales
0.84
EV Over EBITDA
5.24
EV to Operating CashFlow
6.4
EV to FreeCashFlow
-13.42
Earnings Yield
0.13
FreeCashFlow Yield
-0.12
Market Cap
2,79 Bil.
Enterprise Value
4,54 Bil.
Graham Number
87.19
Graham NetNet
-68.91

Income Statement Metrics

Net Income per Share
6.99
Income Quality
1.94
ROE
0.14
Return On Assets
0.05
Return On Capital Employed
0.08
Net Income per EBT
1.04
EBT Per Ebit
1.03
Ebit per Revenue
0.06
Effective Tax Rate
0.2

Margins

Sales, General, & Administrative to Revenue
0.06
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0.01
Gross Profit Margin
0.16
Operating Profit Margin
0.06
Pretax Profit Margin
0.07
Net Profit Margin
0.07

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
1.04
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
13.49
Free CashFlow per Share
-6.44
Capex to Operating CashFlow
-1.48
Capex to Revenue
-0.19
Capex to Depreciation
-2.18
Return on Invested Capital
0.06
Return on Tangible Assets
0.05
Days Sales Outstanding
48.57
Days Payables Outstanding
185.41
Days of Inventory on Hand
54.38
Receivables Turnover
7.51
Payables Turnover
1.97
Inventory Turnover
6.71
Capex per Share
-19.93

Balance Sheet

Cash per Share
8,65
Book Value per Share
48,34
Tangible Book Value per Share
37.81
Shareholders Equity per Share
48.34
Interest Debt per Share
43.42
Debt to Equity
0.83
Debt to Assets
0.28
Net Debt to EBITDA
2.02
Current Ratio
0.88
Tangible Asset Value
1,99 Bil.
Net Current Asset Value
-2,37 Bil.
Invested Capital
0.83
Working Capital
-0,37 Bil.
Intangibles to Total Assets
0.07
Average Receivables
0,76 Bil.
Average Payables
2,44 Bil.
Average Inventory
678195500
Debt to Market Cap
0.76

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Ciech S.A. Dividends
Year Dividends Growth
2005 0
2006 1 0%
2007 2 100%
2008 2 0%
2014 1 -100%
2016 3 50%
2018 8 71.43%
2021 6 -16.67%
2022 2 -500%
2023 6 80%

Ciech S.A. Profile

About Ciech S.A.

Ciech S.A. manufactures and sells various chemical products in Poland, other European Union countries, other European countries, Africa, Asia, and internationally. It operates through four segments: Soda, Organic, Silicates and Glass, and Transport. The company provides various soda-based products, including sodium carbonate, sodium bicarbonate, evaporated salt, sorbeco, and calcium chloride; crop protection products, resins, and polyurethane foams; and glass products and silicates, as well as glass packaging and plastic products. It also offers various rail transport services, such as rental of rail carriages, rail cargo transport services, and maintenance of rail sidings. In addition, the company is involved in the distribution of soda ash, baking soda, vacuum salt, and calcium chloride; and solid and liquid, organic and inorganic chemicals, acids, and bases, as well as solvents. Further, it offers raw materials for household, cosmetic, and pharmaceutical products; milk and sugar industries; feed industry and selected branches of the heavy industry, including galvanizing plants, smelters, coke plants, and foundries; and water treatment and sewage treatment plants, as well as manufacturers of tires, paints, and varnishes. Additionally, the company engages in the research and development, real property sale and management, and financing activities. The company was founded in 1945 and is based in Warsaw, Poland. Ciech S.A. is a subsidiary of KI Chemistry S. à r. l.

CEO
Mr. Kamil Majczak
Employee
3.343
Address
ul. Wspólna 62
Warsaw, 00-684

Ciech S.A. Executives & BODs

Ciech S.A. Executives & BODs
# Name Age
1 Mr. Kamil Majczak
President of Management Board & Chief Executive Officer
70
2 Ms. Katarzyna Rybacka
Chief Accountant
70
3 Mr. Rafal Czubinski
Managing Director
70
4 Mr. Marcin Puziak
Member of Management Board
70

Ciech S.A. Competitors