By Helgi Library - October 12, 2020
PKN's total assets reached PLN 48,217 mil at the end of 1Q2016, up 3.61% compared to the previous year. Current as...
By Helgi Library - October 12, 2020
PKN's total assets reached PLN 48,217 mil at the end of 1Q2016, up 3.61% compared to the previous year. Current as...
By Helgi Library - April 2, 2020
PKN's total assets reached PLN 48,137 mil at the end of 2015, up 3.02% compared to the previous year. Current asse...
| Profit Statement | 2013 | 2014 | 2015 | |
| Sales | PLN mil | 113,597 | 106,832 | 88,336 |
| Gross Profit | PLN mil | 9,954 | 9,872 | 14,549 |
| EBITDA | PLN mil | 2,418 | -2,720 | 6,235 |
| EBIT | PLN mil | 307 | -4,711 | 4,340 |
| Financing Cost | PLN mil | 118 | 1,527 | 617 |
| Pre-Tax Profit | PLN mil | 157 | -6,246 | 3,698 |
| Net Profit | PLN mil | 176 | -5,811 | 2,837 |
| Dividends | PLN mil | 617 | 706 | ... |
| Balance Sheet | 2013 | 2014 | 2015 | |
| Total Assets | PLN mil | 51,352 | 46,725 | 48,137 |
| Non-Current Assets | PLN mil | 26,907 | 24,971 | 27,362 |
| Current Assets | PLN mil | 24,445 | 21,754 | 20,775 |
| Working Capital | PLN mil | 10,232 | 8,718 | 10,682 |
| Shareholders' Equity | PLN mil | 27,551 | 20,386 | 24,244 |
| Liabilities | PLN mil | 23,801 | 26,339 | 23,893 |
| Total Debt | PLN mil | 7,459 | 10,773 | 9,427 |
| Net Debt | PLN mil | 4,813 | 6,849 | 7,092 |
| Ratios | 2013 | 2014 | 2015 | |
| ROE | % | 0.630 | -24.2 | 12.7 |
| ROCE | % | 0.457 | -16.4 | 7.91 |
| Gross Margin | % | 8.76 | 9.24 | 16.5 |
| EBITDA Margin | % | 2.13 | -2.55 | 7.06 |
| EBIT Margin | % | 0.270 | -4.41 | 4.91 |
| Net Margin | % | 0.155 | -5.44 | 3.21 |
| Net Debt/EBITDA | 1.99 | -2.52 | 1.14 | |
| Net Debt/Equity | 0.175 | 0.336 | 0.293 | |
| Cost of Financing | % | 1.42 | 16.8 | 6.11 |
| Valuation | 2013 | 2014 | 2015 | |
| Market Capitalisation | USD mil | 5,819 | 5,910 | 7,439 |
| Enterprise Value (EV) | USD mil | 7,416 | 7,845 | 9,257 |
| Number Of Shares | mil | 428 | 428 | 428 |
| Share Price | EUR | 41.0 | 48.9 | 67.9 |
| EV/EBITDA | 9.69 | -9.45 | 5.52 | |
| EV/Sales | 0.206 | 0.241 | 0.390 | |
| Price/Earnings (P/E) | 99.6 | -3.60 | 10.2 | |
| Price/Book Value (P/BV) | 0.636 | 1.03 | 1.20 | |
| Dividend Yield | % | 3.52 | 3.37 | ... |
Get all company financials in excel:
| summary | Unit | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| income statement | ||||||||||||||||||
| Sales | PLN mil | 67,928 | 83,547 | 106,973 | 120,102 | 113,597 | ||||||||||||
| Gross Profit | PLN mil | 10,651 | 12,395 | 13,034 | 12,422 | 9,954 | ||||||||||||
| EBIT | PLN mil | 973 | 3,392 | 3,651 | 2,024 | 307 | ||||||||||||
| Net Profit | PLN mil | 1,309 | 2,371 | 2,363 | 2,345 | 176 | ||||||||||||
| ROE | % | 6.20 | 10.3 | 9.26 | 8.51 | 0.630 | ||||||||||||
| EBIT Margin | % | 1.43 | 4.06 | 3.41 | 1.69 | 0.270 | ||||||||||||
| Net Margin | % | 1.93 | 2.84 | 2.21 | 1.95 | 0.155 | ||||||||||||
| Employees | ... | 22,535 | 22,040 | 22,380 | 21,956 | 21,026 | ||||||||||||
| balance sheet | ||||||||||||||||||
| Total Assets | PLN mil | 49,088 | 51,150 | 58,732 | 52,631 | 51,352 | ||||||||||||
| Non-Current Assets | PLN mil | 29,655 | 30,431 | 28,599 | 26,811 | 26,907 | ||||||||||||
| Current Assets | PLN mil | 19,433 | 20,719 | 30,132 | 25,820 | 24,445 | ||||||||||||
| Shareholders' Equity | PLN mil | 21,707 | 24,240 | 26,799 | 28,307 | 27,551 | ||||||||||||
| Liabilities | PLN mil | 27,381 | 26,910 | 31,933 | 24,324 | 23,801 | ||||||||||||
| Non-Current Liabilities | PLN mil | 13,223 | 10,685 | 12,120 | 9,196 | 7,846 | ||||||||||||
| Current Liabilities | PLN mil | 14,158 | 16,225 | 19,813 | 15,128 | 15,955 | ||||||||||||
| Net Debt/EBITDA | 2.93 | 1.37 | 1.27 | 1.63 | 1.99 | |||||||||||||
| Net Debt/Equity | 0.477 | 0.328 | 0.287 | 0.247 | 0.175 | |||||||||||||
| Cost of Financing | % | ... | 3.39 | 3.21 | 3.10 | -5.82 | 1.42 | |||||||||||
| cash flow | ||||||||||||||||||
| Total Cash From Operations | PLN mil | ... | 4,920 | 5,724 | 524 | 3,089 | 5,540 | |||||||||||
| Total Cash From Investing | PLN mil | ... | -2,951 | -3,079 | 1,237 | -2,875 | -2,441 | |||||||||||
| Total Cash From Financing | PLN mil | ... | -369 | -2,752 | 829 | -3,412 | -2,439 | |||||||||||
| Net Change In Cash | PLN mil | ... | 1,600 | -108 | 2,591 | -3,198 | 660 | |||||||||||
| valuation | ||||||||||||||||||
| Market Capitalisation | USD mil | 5,070 | 6,620 | 4,211 | 6,843 | 5,819 | ||||||||||||
| Number Of Shares | mil | 428 | 428 | 428 | 428 | 428 | ||||||||||||
| Share Price | EUR | 34.0 | 45.8 | 33.9 | 49.5 | 41.0 | ||||||||||||
| Earnings Per Share (EPS) | PLN | 3.06 | 5.54 | 5.53 | 5.48 | 0.411 | ||||||||||||
| Book Value Per Share | PLN | 50.8 | 56.7 | 62.7 | 66.2 | 64.4 | ||||||||||||
| Dividend Per Share | PLN | 0 | 0 | 0 | 1.50 | 1.44 | ... | |||||||||||
| Price/Earnings (P/E) | 11.1 | 8.26 | 6.13 | 9.03 | 99.6 | |||||||||||||
| Price/Book Value (P/BV) | 0.669 | 0.808 | 0.541 | 0.748 | 0.636 | |||||||||||||
| Dividend Yield | % | 0 | 0 | 0 | 3.03 | 3.52 | ... | |||||||||||
| Earnings Per Share Growth | % | ... | -152 | 81.2 | -0.336 | -0.796 | -92.5 | |||||||||||
| Book Value Per Share Growth | % | ... | 5.73 | 11.7 | 10.6 | 5.63 | -2.67 |
| income statement | Unit | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| income statement | ||||||||||||||||||
| Sales | PLN mil | 67,928 | 83,547 | 106,973 | 120,102 | 113,597 | ||||||||||||
| Cost of Goods & Services | PLN mil | 57,277 | 71,153 | 93,939 | 107,680 | 103,643 | ||||||||||||
| Gross Profit | PLN mil | 10,651 | 12,395 | 13,034 | 12,422 | 9,954 | ||||||||||||
| Staff Cost | PLN mil | ... | ... | ... | ... | 2,004 | 1,991 | 2,079 | 2,154 | 2,099 | ||||||||
| Other Cost | PLN mil | ... | ... | ... | ... | 5,112 | 4,589 | 4,925 | 5,983 | 5,437 | ||||||||
| EBITDA | PLN mil | 3,535 | 5,814 | 6,031 | 4,284 | 2,418 | ||||||||||||
| Depreciation | PLN mil | 2,562 | 2,423 | 2,380 | 2,260 | 2,111 | ||||||||||||
| EBIT | PLN mil | 973 | 3,392 | 3,651 | 2,024 | 307 | ||||||||||||
| Financing Cost | PLN mil | 463 | 387 | 369 | -649 | 118 | ||||||||||||
| Extraordinary Cost | PLN mil | -931 | -65.1 | 490 | 48.5 | 32.0 | ||||||||||||
| Pre-Tax Profit | PLN mil | 1,441 | 3,070 | 2,792 | 2,624 | 157 | ||||||||||||
| Tax | PLN mil | 140 | 615 | 777 | 454 | 67.0 | ||||||||||||
| Minorities | PLN mil | -8.35 | 84.1 | -348 | -175 | -86.0 | ||||||||||||
| Net Profit | PLN mil | 1,309 | 2,371 | 2,363 | 2,345 | 176 | ||||||||||||
| Dividends | PLN mil | 0 | 0 | 0 | 642 | 617 | ... | |||||||||||
| growth rates | ||||||||||||||||||
| Total Revenue Growth | % | ... | -14.6 | 23.0 | 28.0 | 12.3 | -5.42 | |||||||||||
| Operating Cost Growth | % | ... | ... | ... | ... | ... | 5.78 | -7.52 | 6.43 | 16.2 | -7.39 | |||||||
| EBITDA Growth | % | ... | 8.89 | 64.5 | 3.72 | -29.0 | -43.6 | |||||||||||
| EBIT Growth | % | ... | 28.8 | 249 | 7.64 | -44.5 | -84.8 | |||||||||||
| Pre-Tax Profit Growth | % | ... | -149 | 113 | -9.07 | -5.99 | -94.0 | |||||||||||
| Net Profit Growth | % | ... | -152 | 81.2 | -0.336 | -0.796 | -92.5 | |||||||||||
| ratios | ||||||||||||||||||
| ROE | % | 6.20 | 10.3 | 9.26 | 8.51 | 0.630 | ||||||||||||
| ROCE | % | ... | 3.43 | 6.28 | 5.99 | 5.80 | 0.457 | |||||||||||
| Gross Margin | % | 15.7 | 14.8 | 12.2 | 10.3 | 8.76 | ||||||||||||
| EBITDA Margin | % | 5.20 | 6.96 | 5.64 | 3.57 | 2.13 | ||||||||||||
| EBIT Margin | % | 1.43 | 4.06 | 3.41 | 1.69 | 0.270 | ||||||||||||
| Net Margin | % | 1.93 | 2.84 | 2.21 | 1.95 | 0.155 | ||||||||||||
| Payout Ratio | % | 0 | 0 | 0 | 27.4 | 351 | ... | |||||||||||
| Cost of Financing | % | ... | 3.39 | 3.21 | 3.10 | -5.82 | 1.42 | |||||||||||
| Net Debt/EBITDA | 2.93 | 1.37 | 1.27 | 1.63 | 1.99 |
| balance sheet | Unit | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| balance sheet | ||||||||||||||||||
| Non-Current Assets | PLN mil | 29,655 | 30,431 | 28,599 | 26,811 | 26,907 | ||||||||||||
| Property, Plant & Equipment | PLN mil | 26,998 | 27,403 | 26,579 | 24,744 | 24,904 | ||||||||||||
| Intangible Assets | PLN mil | 690 | 1,103 | 1,323 | 1,545 | 918 | ||||||||||||
| Goodwill | PLN mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 89.1 | 34.0 | ||
| Current Assets | PLN mil | 19,433 | 20,719 | 30,132 | 25,820 | 24,445 | ||||||||||||
| Inventories | PLN mil | 10,620 | 11,295 | 16,297 | 15,011 | 13,749 | ||||||||||||
| Receivables | PLN mil | 4,492 | 5,297 | 7,056 | 6,898 | 6,372 | ||||||||||||
| Cash & Cash Equivalents | PLN mil | 2,941 | 2,821 | 5,409 | 2,211 | 2,646 | ||||||||||||
| Total Assets | PLN mil | 49,088 | 51,150 | 58,732 | 52,631 | 51,352 | ||||||||||||
| Shareholders' Equity | PLN mil | 21,707 | 24,240 | 26,799 | 28,307 | 27,551 | ||||||||||||
| Of Which Minority Interest | PLN mil | 2,669 | 2,612 | 2,265 | 1,828 | 1,603 | ||||||||||||
| Liabilities | PLN mil | 27,381 | 26,910 | 31,933 | 24,324 | 23,801 | ||||||||||||
| Non-Current Liabilities | PLN mil | 13,223 | 10,685 | 12,120 | 9,196 | 7,846 | ||||||||||||
| Long-Term Debt | PLN mil | 11,681 | 9,190 | 10,607 | 7,753 | 6,579 | ||||||||||||
| Deferred Tax Liabilities | PLN mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 672 | 538 | ||
| Current Liabilities | PLN mil | 14,158 | 16,225 | 19,813 | 15,128 | 15,955 | ||||||||||||
| Short-Term Debt | PLN mil | 1,623 | 1,570 | 2,488 | 1,444 | 880 | ||||||||||||
| Trade Payables | PLN mil | 7,131 | 9,131 | 10,985 | 8,815 | 9,889 | ||||||||||||
| Provisions | PLN mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 821 | ||
| Equity And Liabilities | PLN mil | 49,088 | 51,150 | 58,732 | 52,631 | 51,352 | ||||||||||||
| growth rates | ||||||||||||||||||
| Total Asset Growth | % | ... | 4.50 | 4.20 | 14.8 | -10.4 | -2.43 | |||||||||||
| Shareholders' Equity Growth | % | ... | 5.73 | 11.7 | 10.6 | 5.63 | -2.67 | |||||||||||
| Net Debt Growth | % | ... | -18.3 | -23.4 | -3.18 | -9.12 | -31.1 | |||||||||||
| Total Debt Growth | % | ... | -5.16 | -19.1 | 21.7 | -29.8 | -18.9 | |||||||||||
| ratios | ||||||||||||||||||
| Total Debt | PLN mil | 13,304 | 10,760 | 13,096 | 9,197 | 7,459 | ||||||||||||
| Net Debt | PLN mil | 10,363 | 7,939 | 7,686 | 6,986 | 4,813 | ||||||||||||
| Working Capital | PLN mil | 7,981 | 7,461 | 12,368 | 13,094 | 10,232 | ||||||||||||
| Capital Employed | PLN mil | 37,636 | 37,892 | 40,967 | 39,905 | 37,139 | ||||||||||||
| Net Debt/Equity | 0.477 | 0.328 | 0.287 | 0.247 | 0.175 | |||||||||||||
| Cost of Financing | % | ... | 3.39 | 3.21 | 3.10 | -5.82 | 1.42 |
| cash flow | Unit | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| cash flow | ||||||||||||||||||
| Net Profit | PLN mil | 1,309 | 2,371 | 2,363 | 2,345 | 176 | ||||||||||||
| Depreciation | PLN mil | 2,562 | 2,423 | 2,380 | 2,260 | 2,111 | ||||||||||||
| Non-Cash Items | PLN mil | ... | -302 | 409 | 688 | -789 | 391 | |||||||||||
| Change in Working Capital | PLN mil | ... | 1,351 | 520 | -4,907 | -726 | 2,862 | |||||||||||
| Total Cash From Operations | PLN mil | ... | 4,920 | 5,724 | 524 | 3,089 | 5,540 | |||||||||||
| Capital Expenditures | PLN mil | ... | -2,671 | -3,724 | -2,542 | -2,447 | -2,382 | |||||||||||
| Other Investments | PLN mil | ... | -280 | 646 | 3,780 | -428 | -59.0 | |||||||||||
| Total Cash From Investing | PLN mil | ... | -2,951 | -3,079 | 1,237 | -2,875 | -2,441 | |||||||||||
| Dividends Paid | PLN mil | ... | 0 | 0 | 0 | -642 | -617 | ... | ||||||||||
| Issuance Of Debt | PLN mil | ... | -723 | -2,544 | 2,336 | -3,899 | -1,738 | |||||||||||
| Total Cash From Financing | PLN mil | ... | -369 | -2,752 | 829 | -3,412 | -2,439 | |||||||||||
| Net Change In Cash | PLN mil | ... | 1,600 | -108 | 2,591 | -3,198 | 660 | |||||||||||
| ratios | ||||||||||||||||||
| Days Sales Outstanding | days | 24.1 | 23.1 | 24.1 | 21.0 | 20.5 | ||||||||||||
| Days Sales Of Inventory | days | 67.7 | 57.9 | 63.3 | 50.9 | 48.4 | ||||||||||||
| Days Payable Outstanding | days | 45.4 | 46.8 | 42.7 | 29.9 | 34.8 | ||||||||||||
| Cash Conversion Cycle | days | 46.4 | 34.2 | 44.7 | 42.0 | 34.1 | ||||||||||||
| Cash Earnings | PLN mil | 3,871 | 4,794 | 4,743 | 4,605 | 2,287 | ||||||||||||
| Cash Earnings Per Share | PLN | 9.05 | 11.2 | 11.1 | 10.8 | 5.35 | ||||||||||||
| Price/Cash Earnings (P/CE) | 3.75 | 4.09 | 3.06 | 4.60 | 7.67 | |||||||||||||
| Free Cash Flow | PLN mil | ... | 1,969 | 2,645 | 1,762 | 214 | 3,099 | |||||||||||
| Free Cash Flow Yield | % | ... | 12.5 | 13.2 | 14.1 | 0.962 | 16.9 |
| other data | Unit | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| other data | ||||||||||||||||||
| ROA | % | 2.72 | 4.73 | 4.30 | 4.21 | 0.339 | ||||||||||||
| Gross Margin | % | 15.7 | 14.8 | 12.2 | 10.3 | 8.76 | ||||||||||||
| Employees | ... | 22,535 | 22,040 | 22,380 | 21,956 | 21,026 | ||||||||||||
| Cost Per Employee | USD per month | ... | ... | ... | ... | 2,378 | 2,495 | 2,611 | 2,512 | 2,632 | ||||||||
| Cost Per Employee (Local Currency) | PLN per month | ... | ... | ... | ... | 7,409 | 7,530 | 7,741 | 8,176 | 8,319 | ||||||||
| Staff Cost (As % Of Total Cost) | % | ... | ... | ... | ... | 2.99 | 2.48 | 2.01 | 1.82 | 1.85 | ||||||||
| Effective Tax Rate | % | 9.75 | 20.0 | 27.8 | 17.3 | 42.7 | ||||||||||||
| Enterprise Value (EV) | USD mil | 8,687 | 9,303 | 6,444 | 9,101 | 7,416 | ||||||||||||
| EV/EBITDA | 7.66 | 4.83 | 3.17 | 6.91 | 9.69 | |||||||||||||
| EV/Capital Employed | 0.661 | 0.726 | 0.542 | 0.706 | 0.602 | |||||||||||||
| EV/Sales | 0.399 | 0.336 | 0.179 | 0.247 | 0.206 | |||||||||||||
| EV/EBIT | 27.8 | 8.28 | 5.23 | 14.6 | 76.3 | |||||||||||||
| Capital Expenditures (As % of Sales) | % | ... | 3.93 | 4.46 | 2.38 | 2.04 | 2.10 | |||||||||||
| Crude Oil Throughput | kt | ... | 27,356 | 28,083 | 27,785 | 27,939 | 28,216 | |||||||||||
| Utilization Ratio | % | ... | 100 | 94.8 | 90.1 | 92.4 | 87.6 | ... | ||||||||||
| Production of Light Distillates (kt) | kt | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 6,295 | ||
| Production of Medium Distillates (kt) | kt | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 12,920 | ||
| Production of Heavy Fractions (kt) | kt | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 4,856 | ||
| Production of Monomers (kt) | kt | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 799 | ||
| Production of Polymers (kt) | kt | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 520 | ||
| Production of Aromas (kt) | kt | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 386 | ||
| Production of Fertilizers (kt) | kt | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 1,028 | ||
| Production of Plastics (kt) | kt | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 424 | ||
| Production of PTA (kt) | kt | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 566 | ||
| Production of Other Products (kt) | kt | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 2,304 | ||
| Production Total (kt) | kt | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 30,098 | ||
| Sales Volume of Light distillates, incl. Retail (kt) | kt | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 8,062 | ||
| Sales Volume of Medium Distillates, incl. Retail (kt) | kt | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 14,924 | ||
| Sales Volume of Heavy Fractions (kt) | kt | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 4,813 | ||
| Sales Volume of Monomers (kt) | kt | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 832 | ||
| Sales Volume of Polymers (kt) | kt | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 510 | ||
| Sales Volume of Aromas (kt) | kt | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 381 | ||
| Sales Volume of Fertilizers (kt) | kt | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 1,034 | ||
| Sales Volume of Plastics (kt) | kt | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 423 | ||
| Sales Volume of PTA (kt) | kt | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 556 | ||
| Sales Volume of Other Products (kt) | kt | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 4,357 | ||
| Sales Volume Total (kt) | kt | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 35,909 |
Get all company financials in excel:
By Helgi Library - April 2, 2020
PKN's total assets reached PLN 48,137 mil at the end of 2015, up 3.02% compared to the previous year. Current assets amounted to PLN 20,775 mil, or 43.2% of total assets while cash stood at PLN 2,335 mil at the end of 2015. ...
Polski Koncern Naftowy Orlen SA (PKN) is a Poland-based company active in the oil and gas sector. It specializes in the manufacture, distribution, wholesale and retail sale of refined petrochemical products. The company is Central Europe's largest publicly traded firm with major operations in Poland, Czech Republic, Germany, and the Baltic States. The Company's business is divided into three segments: Refining, including refinery products processing and wholesale, oil productions and sale as well as supporting production; Retail segment, including sales at petrol stations (over 2,000 of them in Poland only); and Petrochemical segment, including production and wholesale of petrochemicals and production and sale of chemicals. Its product portfolio includes fuel and petrochemical products, as well as oil derivatives, such as petrol, heating oil, aviation fuel and plastics. It also produces and distributes electricity and thermal energy
PKN has been growing its sales by a year on average in the last 5 years. EBITDA has grown on average by 1.41% a year during that time to total of PLN 6,235 mil in 2015, or 7.06% of sales. That’s compared to 3.17% average margin seen in last five years.
The company netted PLN 2,837 mil in 2015 implying ROE of 12.7% and ROCE of 7.91%. Again, the average figures were 1.37% and 0.750%, respectively when looking at the previous 5 years.
PKN’s net debt amounted to PLN 7,092 mil at the end of 2015, or 0.293 of equity. When compared to EBITDA, net debt was 1.14x, up when compared to average of 0.703x seen in the last 5 years.
PKN stock traded at EUR 67.9 per share at the end of 2015 resulting in a market capitalization of USD 7,439 mil. Over the previous five years, stock price grew by 48.1% or 8.18% a year on average. The closing price put stock at a 12-month trailing EV/EBITDA of 5.52x and price to earnings (PE) of 10.2x as of 2015.
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