Risk factor
Very poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
Zaklady Azotowe Pulawy S.A. manufactures and sells fertilizer and chemical products worldwide. Its fertilizers include ammonium nitrate under the PULAN name; Pulan Macro, a white to beige granular fertilizer; urea-ammonium nitrate solution under the UAN name; ammonium sulphate under the PULSAR name; urea-ammonium nitrate solution with sulphur under the UAN+S name; PULASKA, a solution of nitrogen fertilizer containing sulphur; and urea-ammonium sulfate under the PULGRAN S name. The company also offers chemical products, such as COOLANT, a dry ice; hydrogen peroxide; anhydrous ammonia, compressed hydrogen, liquefied carbon dioxide, and nitric acid that are used for various applications in the chemical industry; caprolactam used for industrial production of solid and liquid formulations; melamine for manufacturing a range of synthetic resins; LIKAM, an ammonia water solution that are used in power generation, tanning, agricultural, rubber, dye, organic, and glass industries, as well as for use in as pH control agent; NOXy, a urea water solution used in automotive industry; and PULNOx that is used as a reducing agent in vehicle emissions control technologies. In addition, it provides packaging and foil products, including flat open sacks, big bag contribution, colored foils, flat foil belts, FSS foil tape with side folds, garbage bags, garden foils, LDPE, and stretch protective films. The company was founded in 1960 and is based in Pulawy, Poland. Zaklady Azotowe Pulawy S.A. is a subsidiary of Grupa Azoty S.A.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'cheaper' than its peers. In particular, the stock is of fair value on EV/EBITDA, undervalued on P/FC.