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Netia

Netia's Cash & Cash Equivalents fell 60.1% yoy to PLN 82.7 mil in 2015

By Helgi Library - April 2, 2020

Netia's total assets reached PLN 2,689 mil at the end of 2015, down 6.98% compared to the previous year. Current a...

Profit Statement
Balance Sheet
Ratios
Valuation

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Feb 2014
Company Report
Feb 2014
Statistical Dossier

Netia SA is a Poland-based integrated telecommunication services provider. The Company is the owner of the second-largest fixed-line network in Poland. Netia's products and services include switched, fixed-line voice telephone, integrated service digital network, voice over internet protocol, voice mail, dial-up and fixed-access internet, leased lines and frame relay and MPLS services. The company also offers wholesale services, including the wholesale termination of in-bound traffic, ducts, dark fiber and co-location services based upon intelligent networks and provide broadband Internet access with ADSL technology. The Company's offer is organized into four segments: Home, SOHO/SME, Corporate and Carriers

Finance

Netia has been growing its sales by a year on average in the last 5 years. EBITDA has grown on average by 5.47% a year during that time to total of PLN 449 mil in 2015, or 28.6% of sales. That’s compared to 27.4% average margin seen in last five years.

The company netted PLN 2.21 mil in 2015 implying ROE of 0.103% and ROCE of 0.094%. Again, the average figures were 3.35% and 3.17%, respectively when looking at the previous 5 years.

Netia’s net debt amounted to PLN 252 mil at the end of 2015, or 0.124 of equity. When compared to EBITDA, net debt was 0.562x, down when compared to average of 0.714x seen in the last 5 years.

Valuation

Netia stock traded at PLN 5.40 per share at the end of 2015 resulting in a market capitalization of USD 483 mil. Over the previous five years, stock price grew by 3.85% or 0.758% a year on average. The closing price put stock at a 12-month trailing EV/EBITDA of 4.54x and price to earnings (PE) of 853x as of 2015.

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