Why is Astro SA ?
1
Weak Long Term Fundamental Strength as the company has not declared results in the last 6 months
- Poor long term growth as Net Sales has grown by an annual rate of -17.14% and Operating profit at -34.56% over the last 5 years
- High Debt Company with a Debt to Equity ratio (avg) at times
2
Risky -
- The stock is trading risky as compared to its average historical valuations
- Over the past year, while the stock has generated a return of 7.83%, its profits have risen by 92%
3
Underperformed the market in the last 1 year
- The stock has generated a return of 7.83% in the last 1 year, much lower than market (Poland WIG) returns of 37.76%
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Media & Entertainment)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Astro SA for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Astro SA
9.15%
-0.38
88.37%
Poland WIG
39.24%
1.84
20.48%
Quality key factors
Factor
Value
Sales Growth (5y)
-17.14%
EBIT Growth (5y)
-34.56%
EBIT to Interest (avg)
-1.40
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0.49
Sales to Capital Employed (avg)
0.45
Tax Ratio
0
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
2.02%
ROE (avg)
0.96%
Valuation Key Factors 
Factor
Value
P/E Ratio
Industry P/E
Price to Book Value
NA
EV to EBIT
-4.60
EV to EBITDA
4.60
EV to Capital Employed
0.54
EV to Sales
2.65
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-0.26%
ROE (Latest)
-1.27%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bullish
RSI
Bullish
No Signal
Bollinger Bands
Bullish
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Mildly Bullish
Dow Theory
No Trend
No Trend
OBV
Mildly Bearish
No Trend
Technical Movement
15What is working for the Company
OPERATING CASH FLOW(Y)
Highest at PLN -0.09 MM
NET PROFIT(HY)
Higher at PLN 0.46 MM
ROCE(HY)
Highest at -10.29%
DEBT-EQUITY RATIO
(HY)
Lowest at -12.83 %
-17What is not working for the Company
NET SALES(HY)
At PLN 1.47 MM has Grown at -26.43%
PRE-TAX PROFIT(Q)
At PLN -0.37 MM has Fallen at -429.57%
NET PROFIT(Q)
At PLN -0.37 MM has Fallen at -429.57%
INVENTORY TURNOVER RATIO(HY)
Lowest at 18.29%
RAW MATERIAL COST(Y)
Grown by 397.27% (YoY
DEBTORS TURNOVER RATIO(HY)
Lowest at 2.36%
OPERATING PROFIT(Q)
Lowest at PLN -0.35 MM
Here's what is working for Astro SA
Debt-Equity Ratio
Lowest at -12.83 % and Grown
In each half year in the last five Semi-Annual periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Operating Cash Flow
Highest at PLN -0.09 MM
in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (PLN MM)
Here's what is not working for Astro SA
Pre-Tax Profit
At PLN -0.37 MM has Fallen at -429.57%
Year on Year (YoY)MOJO Watch
Near term Pre-Tax Profit trend is very negative
Pre-Tax Profit (PLN MM)
Net Profit
At PLN -0.37 MM has Fallen at -429.57%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is very negative
Net Profit (PLN MM)
Net Sales
At PLN 1.47 MM has Grown at -26.43%
Year on Year (YoY)MOJO Watch
Near term sales trend is very negative
Net Sales (PLN MM)
Inventory Turnover Ratio
Lowest at 18.29% and Fallen
In each half year in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling inventory has slowed
Inventory Turnover Ratio
Operating Profit
Lowest at PLN -0.35 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is negative
Operating Profit (PLN MM)
Debtors Turnover Ratio
Lowest at 2.36%
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling Debtors has slowed
Debtors Turnover Ratio
Raw Material Cost
Grown by 397.27% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has deteriorated; this may lead to a fall in profit margin
Raw Material Cost as a percentage of Sales






