Why is Image Power SA ?
1
The company has declared Negative results for the last 5 consecutive quarters
- NET PROFIT(Q) At PLN -0.61 MM has Fallen at -60%
- PRE-TAX PROFIT(Q) At PLN -0.66 MM has Fallen at -53.96%
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 -36.07%, its profits have fallen by -42.1%
3
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -36.07% returns in the last 1 year, the stock has also underperformed Poland WIG in each of the last 3 annual periods
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 Computers - Software & Consulting)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Image Power SA for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Image Power SA
-36.07%
-0.13
130.81%
Poland WIG
39.24%
1.93
20.32%
Quality key factors
Factor
Value
Sales Growth (5y)
21.65%
EBIT Growth (5y)
-211.04%
EBIT to Interest (avg)
-0.55
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0.28
Tax Ratio
9.84%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
3.85%
ROE (avg)
6.30%
Valuation Key Factors 
Factor
Value
P/E Ratio
Industry P/E
Price to Book Value
NA
EV to EBIT
EV to EBITDA
EV to Capital Employed
NA
EV to Sales
NA
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
153.02%
ROE (Latest)
155.63%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Mildly Bearish
Moving Averages
Bullish (Daily)
KST
Mildly Bearish
Mildly Bullish
Dow Theory
Mildly Bullish
Bearish
OBV
Mildly Bullish
Mildly Bearish
Technical Movement
12What is working for the Company
NET SALES(HY)
At PLN 0.41 MM has Grown at 89.43%
NET PROFIT(HY)
Higher at PLN -0.76 MM
RAW MATERIAL COST(Y)
Fallen by -74.61% (YoY
INVENTORY TURNOVER RATIO(HY)
Highest at 0.49%
DEBTORS TURNOVER RATIO(HY)
Highest at 14.93%
-7What is not working for the Company
NET PROFIT(Q)
At PLN -0.61 MM has Fallen at -60%
PRE-TAX PROFIT(Q)
At PLN -0.66 MM has Fallen at -53.96%
Here's what is working for Image Power SA
Net Sales
At PLN 0.41 MM has Grown at 89.43%
Year on Year (YoY)MOJO Watch
Near term sales trend is very positive
Net Sales (PLN MM)
Inventory Turnover Ratio
Highest at 0.49%
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Debtors Turnover Ratio
Highest at 14.93%
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Raw Material Cost
Fallen by -74.61% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin
Raw Material Cost as a percentage of Sales
Here's what is not working for Image Power SA
Net Profit
At PLN -0.61 MM has Fallen at -60%
over average net sales of the previous four periods of PLN -0.38 MMMOJO Watch
Near term Net Profit trend is very negative
Net Profit (PLN MM)
Pre-Tax Profit
At PLN -0.66 MM has Fallen at -53.96%
over average net sales of the previous four periods of PLN -0.43 MMMOJO Watch
Near term Pre-Tax Profit trend is negative
Pre-Tax Profit (PLN MM)






