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Ciech S.A. (CIE.WA)
Key financial summary
Financials in PLN| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total revenue | PLN m | 3,579 | 3,673 | 3,549 | 2,976 | 3,460 | 5,415 | 5,427 |
| Operating profit | PLN m | 590 | 342 | |||||
| Net profit | PLN m | 393 | 183 | 118 | 129 | 282 | 567 | 368 |
| EPS reported | PLN | 10.76 | 6.98 | |||||
| Operating cashflow per share | PLN | 15.98 | 15.98 | |||||
| Capex per share | PLN | 16.13 | 16.13 | |||||
| FCF per share | PLN | -0.15 | -0.15 | |||||
| Free cash flow | PLN m | -8 | -338 | |||||
| Net debt | PLN m | 1,352 | 1,516 | |||||
| Book value equity | PLN m | 2,710 | 2,542 | |||||
| Book value per share | PLN | 51.43 | 48.34 | |||||
| Number of shares | m | 52.7 | 52.58 | |||||
| DPS (TTM paid) | PLN | 7.25 | 0.00 |
Financial summary
Financials in PLN| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | 3.85 | - | |||||
| P/B LTM | x | 0.81 | 1.10 | |||||
| P/S LTM | x | 0.40 | 0.51 | |||||
| P/FCF LTM | x | -281.75 | -8.25 | |||||
| EV/EBITDA LTM | x | 3.11 | 5.22 | |||||
| EV/Sales LTM | x | 0.65 | 0.79 | |||||
| Earnings Yield LTM | % | 25.97% | 20.30% | |||||
| FCF Yield | % | -0.35% | -12.12% | |||||
| Quality | ||||||||
| ROE | % | 20.92% | 22.19% | |||||
| ROIC | % | 11.02% | 11.02% | |||||
| Operating margin | % | 10.90% | 10.90% | |||||
| Gross margin | % | 21.57% | 21.57% | |||||
| FCF/Sales | % | -0.14% | -0.14% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | +146.79% | +25.54% | |||||
| Sales Growth YoY | % | +56.52% | +11.27% | |||||
| Net Income Growth YoY | % | +101.14% | +25.51% | |||||
| FCF Growth | % | - | - | |||||
| Operating Profit Growth | % | +65.89% | -22.02% | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 3.62% | 0.00% | |||||
| Dividend Growth | % | - | - | |||||
| Payout Ratio | % | 13.94% | 103.91% | |||||
| FCF/Debt | x | -0.00 | -0.16 | |||||
| Net Debt/EBITDA | x | 1.19 | 1.19 | |||||
| EBIT/Net interest | x | 7.73 | 7.73 | |||||
| Net debt/market cap | % | 61.89% | 54.29% | |||||
| Net debt/Equity | x | 0.50 | 0.60 | |||||
| Gross debt/equity | x | 0.74 | 0.83 | |||||
Company overview
Ciech S.A. is a Polish chemical manufacturer and distributor with a global reach, selling its diverse product portfolio across Poland, other European Union nations, various non-EU European countries, Africa, Asia, and internationally. The company operates through four primary business segments: Soda, Organic, Silicates and Glass, and Transport. Its Soda division produces soda-based items like sodium carbonate, sodium bicarbonate, evaporated salt, sorbeco, and calcium chloride. The Organic segment focuses on crop protection products, resins, and polyurethane foams. Through its Silicates and Glass segment, Ciech manufactures glass and silicate products, alongside glass and plastic packaging. Additionally, the Transport segment provides rail logistics services, including leasing rail carriages, cargo transport, and maintaining rail sidings. Beyond manufacturing, Ciech distributes a wide range of chemicals such as soda ash, baking soda, vacuum salt, calcium chloride, and various solid and liquid organic and inorganic compounds, acids, bases, and solvents. The company also supplies essential raw materials to a multitude of industries, including household, cosmetic, and pharmaceutical product manufacturers; the milk and sugar sectors; the animal feed industry; and heavy industries like galvanizing plants, smelters, coke plants, and foundries. It further caters to water and sewage treatment plants, as well as producers of tires, paints, and varnishes. In addition to these activities, Ciech engages in research and development, real estate sales and management, and financing. Established in 1945 and based in Warsaw, Poland, Ciech S.A. is a subsidiary of KI Chemistry S. à r. l.
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Ciech S.A. (CIE.WA)
Ciech S.A. is a Polish chemical manufacturer and distributor with a global reach, selling its diverse product portfolio across Poland, other European Union nations, various non-EU European countries, Africa, Asia, and internationally. The company operates through four primary business segments: Soda, Organic, Silicates and Glass, and Transport. Its Soda division produces soda-based items like sodium carbonate, sodium bicarbonate, evaporated salt, sorbeco, and calcium chloride. The Organic segment focuses on crop protection products, resins, and polyurethane foams. Through its Silicates and Glass segment, Ciech manufactures glass and silicate products, alongside glass and plastic packaging. Additionally, the Transport segment provides rail logistics services, including leasing rail carriages, cargo transport, and maintaining rail sidings. Beyond manufacturing, Ciech distributes a wide range of chemicals such as soda ash, baking soda, vacuum salt, calcium chloride, and various solid and liquid organic and inorganic compounds, acids, bases, and solvents. The company also supplies essential raw materials to a multitude of industries, including household, cosmetic, and pharmaceutical product manufacturers; the milk and sugar sectors; the animal feed industry; and heavy industries like galvanizing plants, smelters, coke plants, and foundries. It further caters to water and sewage treatment plants, as well as producers of tires, paints, and varnishes. In addition to these activities, Ciech engages in research and development, real estate sales and management, and financing. Established in 1945 and based in Warsaw, Poland, Ciech S.A. is a subsidiary of KI Chemistry S. à r. l.
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