Formplast Purkert

Formplast's employees fell 7.59% yoy to 511 in 2019

By Helgi Analytics - September 17, 2020

Formplast Purkert employed 511 employees in 2019, down 7.59% compared to the previous year. Historically, between 2002 ...

Formplast's net profit rose 12.3% yoy to CZK 69.2 mil in 2019

By Helgi Analytics - September 17, 2020

Formplast Purkert made a net profit of CZK 69.2 mil with revenues of CZK 939 mil in 2019, up by 12.3% and down by 15.5%, ...

Formplast's Cash & Cash Equivalents fell 6.43% yoy to CZK 159 mil in 2019

By Helgi Analytics - September 17, 2020

Formplast Purkert's total assets reached CZK 910 mil at the end of 2019, up 4.64% compared to the previous year. Current a...

Profit Statement 2017 2018 2019
Sales CZK mil 1,099 1,111 939
Gross Profit CZK mil 466 655 552
EBITDA CZK mil 156 146 157
EBIT CZK mil 110 88.9 101
Pre-Tax Profit CZK mil 110 89.6 92.3
Net Profit CZK mil 91.1 61.6 69.2
Dividends CZK mil 101 100 ...
Balance Sheet 2017 2018 2019
Total Assets CZK mil 870 870 910
Non-Current Assets CZK mil 273 272 262
Current Assets CZK mil 586 591 627
Working Capital CZK mil 309 360 402
Shareholders' Equity CZK mil 477 438 407
Liabilities CZK mil 393 432 503
Total Debt CZK mil 41.3 48.8 51.3
Net Debt CZK mil -158 -141 -139
Ratios 2017 2018 2019
ROE % 18.9 13.5 16.4
ROCE % 17.1 10.1 10.7
Gross Margin % 42.4 58.9 58.8
EBITDA Margin % 14.2 13.1 16.7
EBIT Margin % 9.97 8.00 10.7
Net Margin % 8.28 5.54 7.37
Net Debt/EBITDA -1.01 -0.970 -0.886
Net Debt/Equity % -33.1 -32.3 -34.1
Cash Flow 2017 2018 2019
Total Cash From Operations CZK mil 158 120 53.6
Total Cash From Investing CZK mil -95.1 -56.8 -43.5
Total Cash From Financing CZK mil -55.9 -73.8 -17.9
Net Change In Cash CZK mil 6.92 -10.9 -7.80
Cash Conversion Cycle days 123 193 232
Cash Earnings CZK mil 138 119 125
Free Cash Flow CZK mil 62.8 62.9 10.1

Get all company financials in excel:

Download Sample   $19.99

overview Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
income statement                                      
Sales CZK mil                         543 745 881 963 1,099    
Gross Profit CZK mil                         164 197 245 325 466    
EBIT CZK mil                         40.2 45.4 86.7 86.9 110    
Net Profit CZK mil                         40.6 35.9 82.5 78.0 91.1    
                                         
ROE %                         11.6 9.34 20.4 17.5 18.9    
EBIT Margin %                         7.40 6.09 9.83 9.03 9.97    
Net Margin %                         7.46 4.81 9.36 8.10 8.28    
Employees ...                       245 243 248 504 600    
balance sheet                                      
Total Assets CZK mil                         511 568 587 733 870    
Non-Current Assets CZK mil                         198 263 199 229 273    
Current Assets CZK mil                         311 303 384 501 586    
                                         
Shareholders' Equity CZK mil                         366 402 407 486 477    
Liabilities CZK mil                         145 166 180 248 393    
Non-Current Liabilities CZK mil                         12.5 11.3 9.41 11.0 13.8    
Current Liabilities CZK mil                         121 123 112 141 195    
                                         
Net Debt/EBITDA                         -0.089 -0.229 -0.785 -1.55 -1.01    
Net Debt/Equity %                         -1.60 -4.33 -23.5 -39.7 -33.1    
cash flow                                      
Total Cash From Operations CZK mil ... ...                     68.3 83.6 111 133 158    
Total Cash From Investing CZK mil ... ...                     -60.9 -98.2 -55.7 -66.5 -95.1    
Total Cash From Financing CZK mil ... ...                     1.29 -1.17 15.1 -15.5 -55.9    
Net Change In Cash CZK mil ... ...                     8.69 -15.8 69.9 51.4 6.92    
income statement Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
income statement                                      
Sales CZK mil                         543 745 881 963 1,099    
Cost of Goods & Services CZK mil                         379 548 637 638 633    
Gross Profit CZK mil                         164 197 245 325 466    
Staff Cost CZK mil                         85.2 95.7 111 185 245    
Other Operating Cost (Income) CZK mil                         12.9 25.6 11.7 15.8 65.1    
EBITDA CZK mil                         66.3 76.0 122 124 156    
Depreciation CZK mil                         26.1 30.5 35.1 37.2 46.7    
EBIT CZK mil                         40.2 45.4 86.7 86.9 110    
Net Financing Cost CZK mil                         -5.11 0.959 1.34 0.537 -0.108    
Extraordinary Cost CZK mil                         -0.878 -0.738 -0.600 0 0    
Pre-Tax Profit CZK mil                         46.2 45.2 85.9 86.4 110    
Tax CZK mil                         5.63 9.35 3.49 8.39 18.7    
Minorities CZK mil                         0 0 0 0 0 ... ...
Net Profit CZK mil                         40.6 35.9 82.5 78.0 91.1    
Net Profit Avail. to Common CZK mil                         40.6 35.9 82.5 78.0 91.1    
Dividends CZK mil ...                       -0.024 77.8 -1.36 100.0 101   ...
growth rates                                      
Total Revenue Growth % ...                       13.8 37.2 18.2 9.29 14.2    
Staff Cost Growth % ...                       -8.56 12.3 16.1 66.4 32.5    
EBITDA Growth % ...                       8.27 14.6 60.2 2.00 25.9    
EBIT Growth % ...                       47.3 13.0 90.8 0.290 26.1    
Pre-Tax Profit Growth % ...                       26.4 -2.09 90.1 0.527 27.0    
Net Profit Growth % ...                       22.1 -11.6 130 -5.39 16.7    
ratios                                      
ROE %                         11.6 9.34 20.4 17.5 18.9    
ROA %                         8.40 6.65 14.3 11.8 11.4    
ROCE %                         11.3 8.85 20.8 18.3 17.1    
Gross Margin %                         30.2 26.5 27.8 33.7 42.4    
EBITDA Margin %                         12.2 10.2 13.8 12.9 14.2    
EBIT Margin %                         7.40 6.09 9.83 9.03 9.97    
Net Margin %                         7.46 4.81 9.36 8.10 8.28    
Payout Ratio % ...                       -0.059 217 -1.65 128 110   ...
Net Debt/EBITDA                         -0.089 -0.229 -0.785 -1.55 -1.01    
balance sheet Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
balance sheet                                      
Cash & Cash Equivalents CZK mil                         66.0 50.1 120 171 177    
Receivables CZK mil                         126 127 136 163 224    
Inventories CZK mil                         120 116 115 167 184    
Other ST Assets CZK mil                         -0.564 9.95 12.6 0 0    
Current Assets CZK mil                         311 303 384 501 586    
Property, Plant & Equipment CZK mil                         195 261 185 207 249    
LT Investments & Receivables CZK mil                         0.158 < -0.001 13.3 21.5 21.9    
Intangible Assets CZK mil                         2.77 2.07 0.810 0.500 2.80    
Goodwill CZK mil                         0 0 0 0 0    
Non-Current Assets CZK mil                         198 263 199 229 273    
Total Assets CZK mil                         511 568 587 733 870    
                                         
Trade Payables CZK mil                         56.1 84.2 80.7 74.1 99.5    
Short-Term Debt CZK mil                         56.5 32.7 20.9 0 41.3    
Other ST Liabilities CZK mil                         8.11 6.44 9.96 67.0 54.0    
Current Liabilities CZK mil                         121 123 112 141 195    
Long-Term Debt CZK mil                         3.75 0 16.9 0 0    
Other LT Liabilities CZK mil                         8.70 11.3 -7.51 11.0 13.8    
Non-Current Liabilities CZK mil                         12.5 11.3 9.41 11.0 13.8    
Liabilities CZK mil                         145 166 180 248 393    
Equity Before Minority Interest CZK mil                         366 402 407 486 477    
Minority Interest CZK mil                         0 0 0 0 0    
Equity CZK mil                         366 402 407 486 477    
growth rates                                      
Total Asset Growth % ...                       12.3 11.3 3.27 25.0 18.6    
Shareholders' Equity Growth % ...                       10.8 9.80 1.15 19.5 -1.83    
Net Debt Growth % ...                       -67.4 196 450 102 -18.1    
Total Debt Growth % ... ...                     52.7 -45.7 15.4 -100 ...    
ratios                                      
Total Debt CZK mil                         60.3 32.7 37.8 0 41.3    
Net Debt CZK mil                         -5.87 -17.4 -95.6 -193 -158    
Working Capital CZK mil                         190 159 171 255 309    
Capital Employed CZK mil                         388 422 370 485 582    
Net Debt/Equity %                         -1.60 -4.33 -23.5 -39.7 -33.1    
Current Ratio                         2.58 2.46 3.44 3.55 3.01    
Quick Ratio                         1.59 1.44 2.30 2.37 2.06    
cash flow Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
cash flow                                      
Net Profit CZK mil                         40.6 35.9 82.5 78.0 91.1    
Depreciation CZK mil                         26.1 30.5 35.1 37.2 46.7    
Non-Cash Items CZK mil ... ...                     40.4 -13.8 4.84 103 73.7    
Change in Working Capital CZK mil ... ...                     -38.8 31.0 -11.8 -84.7 -53.7    
Total Cash From Operations CZK mil ... ...                     68.3 83.6 111 133 158    
                                         
Capital Expenditures CZK mil ... ...                     -60.9 -97.4 -53.6 -66.5 -95.8    
Other Investing Activities CZK mil ... ...                     0 -0.859 -2.05 0.026 0.716    
Total Cash From Investing CZK mil ... ...                     -60.9 -98.2 -55.7 -66.5 -95.1    
                                         
Dividends Paid CZK mil ... ...                     -4.76 0.024 -77.8 1.36 -100.0    
Issuance Of Debt CZK mil ... ...                     20.8 -27.5 5.05 -37.8 41.3    
Other Financing Activities CZK mil ... ...                     46.1 125 144 87.4 97.9    
Total Cash From Financing CZK mil ... ...                     1.29 -1.17 15.1 -15.5 -55.9    
Net Change In Cash CZK mil ... ...                     8.69 -15.8 69.9 51.4 6.92    
ratios                                      
Days Sales Outstanding days                         84.4 62.3 56.4 61.7 74.4    
Days Sales Of Inventory days                         116 77.1 66.1 95.3 106    
Days Payable Outstanding days                         54.0 56.1 46.3 42.4 57.3    
Cash Conversion Cycle days                         146 83.4 76.2 115 123    
Cash Earnings CZK mil                         66.6 66.4 118 115 138    
Free Cash Flow CZK mil ... ...                     7.41 -14.7 54.9 66.9 62.8    
Capital Expenditures (As % of Sales) % ... ...                     11.2 13.1 6.09 6.91 8.71    
other ratios Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
                                       
Employees ...                       245 243 248 504 600    
Cost Per Employee USD per month ...                       1,481 1,535 1,564 1,212 1,449    
Cost Per Employee (Local Currency) CZK per month ...                       28,971 32,808 37,334 30,569 34,012    
Staff Cost (As % of Sales) %                         15.7 12.8 12.6 19.2 22.3    
Effective Tax Rate %                         12.2 20.7 4.06 9.71 17.0    
Total Revenue Growth (5-year average) % ... ... ... ... ...               7.59 20.6 13.4 14.0 18.1    
Total Revenue Growth (10-year average) % ... ... ... ... ... ... ... ... ... ...     21.0 21.7 20.1 17.8 14.6    

Get all company financials in excel:

Download Sample   $19.99

Formplast's Net Debt/EBITDA rose 8.67% yoy to -0.886 in 2019

By Helgi Analytics - September 17, 2020

Formplast Purkert's net debt stood at CZK -139 mil and accounted for -34.1% of equity at the end of 2019. The ratio is down 1.81 pp compared to the previous year. Historically, the firm’s net debt to equity reached a high of 72.2% in 2003 and a l...

Formplast's Net Margin rose 33.0% yoy to 7.37% in 2019

By Helgi Analytics - September 17, 2020

Formplast Purkert made a net profit of CZK 69.2 mil with revenues of CZK 939 mil in 2019, up by 12.3% and down by 15.5%, respectively, compared to the previous year. This translates into a net margin of 7.37%. Historically, between 2001 and 2019, th...

Formplast's Total Cash From Operations fell 55.2% yoy to CZK 53.6 mil in 2019

By Helgi Analytics - September 17, 2020

Formplast Purkert's operating cash flow stood at CZK 53.6 mil in 2019, down 55.2% when compared to the previous year. Historically, between 2003 - 2019, the firm’s operating cash flow reached a high of CZK 158 mil in 2017 and a low of CZK 10.6 mil ...

Formplast's ROCE rose 5.24% yoy to 10.7% in 2019

By Helgi Analytics - September 17, 2020

Formplast Purkert made a net profit of CZK 69.2 mil in 2019, up 12.3% compared to the previous year. Historically, between 2001 and 2019, the company's net profit reached a high of CZK 91.1 mil in 2017 and a low of CZK 2.30 mil in 2003. The result implies...

Formplast's Capital Expenditures fell 20.2% yoy to CZK 55.6 mil in 2019

By Helgi Analytics - September 17, 2020

Formplast Purkert invested a total of CZK 55.6 mil in 2019, up 20.2% compared to the previous year. Historically, between 2003 - 2019, the company's investments stood at a high of CZK 113 mil in 2007 and a low of CZK 6.21 mil in 2009. ...

More News

FORMPLAST Purkert, s.r.o. is a Czech Republic-based injection molds producer. The Company has been founded in 1992 with two employees and has developed into a firm withmore than 250 workers including 6 designers, 50 employees in the tool shop and 194 workers in injection molding of plastic parts. The Company is equipped by the latest technologies for injection molds production and molding of technical parts primarily for automotive, electrotechnical and textile industries.

Formplast Purkert Logo

Finance

Formplast Purkert has been growing its sales by 4.72% a year on average in the last 5 years. EBITDA has grown on average by 15.6% a year during that time to total of CZK 157 mil in 2019, or 16.7% of sales. That’s compared to 14.1% average margin seen in last five years.

The company netted CZK 69.2 mil in 2019 implying ROE of 16.4% and ROCE of 10.7%. Again, the average figures were 17.3% and 15.4%, respectively when looking at the previous 5 years.

Formplast Purkert’s net debt amounted to CZK -139 mil at the end of 2019, or -34.1% of equity. When compared to EBITDA, net debt was -0.886x, up when compared to average of -1.04x seen in the last 5 years.