Risk factor
Considerable default risk
Profitability factor
Very low or no dividends
About
Cognor Holding S.A., a Polish enterprise established in 1946 and headquartered in Poraj, is primarily engaged in the manufacturing and international supply of steel goods. The company boasts an extensive product catalog, including various steel forms such as flat plates, round and square bars, reinforcing bars, T-profiles, and both equal and unequal angle sections. They also provide specialized billets (particularly those with rounded edges for forging), metal sheets, and a wide array of steel compositions, from carbon and medium-alloy to advanced high-alloy and special steels. Beyond steel, their operations extend to non-ferrous metals and their associated scrap. Cognor Holding S.A. also handles the acquisition, processing, treatment, and distribution of steel scrap, which they transform into billets that are subsequently refined into finished steel products. Furthermore, they offer financial services. A substantial portion of their output is destined for export markets, notably Germany and other European nations. Operating as a subsidiary of PS HoldCo Sp. z o.o., the company adopted its current name, Cognor Holding S.A., in November 2016, having previously traded as Cognor S.A.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. In particular, the stock is overpriced on P/E, of fair value on EV/EBITD
Target Price
The average target price of COG.WA is 5.03 and suggests 13.7% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to