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1. Company Snapshot

1.a. Company Description

Unimot S.A., an independent fuel importer, engages in the wholesale and distribution of fuels in Poland.The company distributes diesel oil, biofuels, liquefied petroleum gas, natural gas, liquefied natural gas (LNG), and electricity.The company provides its products through its LNG regasification stations, a bottling plant, and transshipment terminals, as well as through trucks, and tanks.


It operates a chain of AVIA franchise stations.The company serves the individual and business customers.Unimot S.A. was founded in 1992 and is headquartered in Zawadzkie, Poland.

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1.b. Last Insights on UNT

Unimot S.A.'s recent performance was negatively impacted by broader European market challenges, including renewed tariff uncertainty and political instability, which have weighed on investor sentiment. Despite launching a loyalty program for franchisees, which aims to build a shareholder structure among business partners, the company's expansion into the defence sector through a joint project with PZL Sędziszów and a Ukrainian partner may face challenges. The project's success relies on the Ukrainian partner's expertise and navigating complex defence industry regulations.

1.c. Company Highlights

2. Transcript Summary

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3. NewsRoom

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4. Business Breakdown

4.a. Revenues by Country

4.b. Revenues by Segment

5. Expected revenues mid-term growth (5.00%)

6. Segments

Fuels (ON + Biofuels)

Expected Growth: 4.83%

Unimot S.A.'s Fuels (ON + Biofuels) segment growth of 4.83% is driven by increasing demand for biofuels, government incentives for renewable energy, and strategic partnerships to expand distribution networks. Additionally, rising crude oil prices and growing concerns over climate change are boosting demand for alternative energy sources, contributing to the segment's growth.

Bitumen

Expected Growth: 4.83%

Unimot S.A.'s bitumen segment growth of 4.83% is driven by increasing road construction projects, government investments in infrastructure development, and rising demand from the automotive industry. Additionally, the company's strategic expansion into new markets and cost-effective production processes have contributed to its growth momentum.

Liquefied Petroleum Gas

Expected Growth: 4.83%

Unimot S.A.'s Liquefied Petroleum Gas (LPG) segment growth of 4.83% is driven by increasing demand for clean energy, government initiatives promoting LPG adoption, and strategic expansion into new markets. Additionally, rising crude oil prices and refining capacity increases contribute to the growth. Furthermore, Unimot's focus on operational efficiency and cost optimization also support the segment's growth.

Gas Stations

Expected Growth: 4.83%

Unimot S.A.'s Gas Stations segment growth of 4.83% is driven by increasing demand for fuel, strategic location expansion, and efficient supply chain management. Additionally, investments in digital payment systems and loyalty programs have enhanced customer experience, contributing to the segment's growth.

Natural Gas

Expected Growth: 4.83%

Unimot S.A.'s 4.83% growth in natural gas is driven by increasing demand from industrial and power generation sectors, coupled with rising LNG exports. Additionally, favorable government policies, infrastructure development, and declining production costs contribute to the growth. Furthermore, the shift towards cleaner energy sources and growing industrial activities in emerging markets also support the upward trend.

Electricity

Expected Growth: 7.43%

Unimot S.A.'s 7.43% growth in electricity is driven by increasing demand from industrial and commercial customers, government initiatives promoting renewable energy, and strategic partnerships with energy storage companies. Additionally, investments in grid modernization and expansion into new markets have contributed to the growth.

Infrastructure and Logistics

Expected Growth: 7.9%

Unimot S.A.'s Infrastructure and Logistics segment growth of 7.9% is driven by increasing demand for transportation services, government investments in road infrastructure, and strategic partnerships with key clients. Additionally, the company's focus on operational efficiency, cost optimization, and expansion into new markets have contributed to its growth momentum.

Solid Fuels

Expected Growth: 10.8%

Unimot S.A.'s Solid Fuels segment growth of 10.8% is driven by increasing demand for alternative energy sources, government incentives for renewable energy, and strategic partnerships to expand distribution channels. Additionally, rising coal prices and growing environmental concerns are boosting adoption of solid fuels as a cost-effective and eco-friendly alternative.

Other Activities (including Corporate Functions)

Expected Growth: 4.83%

Unimot S.A.'s Other Activities segment, including Corporate Functions, achieved a 4.83% growth driven by efficient cost management, strategic investments in digital transformation, and effective resource allocation. Additionally, the company's focus on process optimization, improved operational efficiency, and enhanced corporate governance also contributed to this growth.

Renewable Energy Sources

Expected Growth: 10.27%

Unimot S.A.'s 10.27% growth in Renewable Energy Sources is driven by increasing demand for clean energy, government incentives and tax credits, declining costs of renewable technologies, and growing concerns over climate change and energy security. Additionally, the company's strategic expansion into emerging markets and partnerships with key industry players have contributed to its rapid growth.

7. Detailed Products

Fuel Cards

Unimot S.A. offers fuel cards that provide a convenient and efficient way for businesses to manage their fuel expenses. The cards can be used at various fuel stations across the country.

Fleet Management

Unimot S.A. provides a comprehensive fleet management system that enables businesses to track and manage their vehicles in real-time.

Toll Collection

Unimot S.A. offers an electronic toll collection system that allows drivers to pay tolls automatically, eliminating the need for cash or cards.

Vehicle Inspection

Unimot S.A. provides vehicle inspection services that ensure vehicles are roadworthy and comply with safety regulations.

Telematics

Unimot S.A. offers telematics solutions that provide real-time data on vehicle location, speed, and other parameters.

8. Unimot S.A.'s Porter Forces

Forces Ranking

Threat Of Substitutes

Unimot S.A. operates in a niche market with limited substitutes, but there are some alternatives available to customers.

Bargaining Power Of Customers

Unimot S.A. has a diverse customer base, which reduces the bargaining power of individual customers.

Bargaining Power Of Suppliers

Unimot S.A. relies on a few key suppliers, which gives them some bargaining power, but the company has developed relationships to mitigate this risk.

Threat Of New Entrants

The automotive industry is highly competitive, and new entrants can easily enter the market, posing a significant threat to Unimot S.A.'s market share.

Intensity Of Rivalry

The automotive industry is highly competitive, and Unimot S.A. faces intense rivalry from established players, which can lead to pricing pressures and reduced market share.

9. SWOT Analysis

10. Capital Structure

10.a. Balance Sheet

10.b. Weighted Average Cost of capital

Value
Debt Weight 48.59%
Debt Cost 6.85%
Equity Weight 51.41%
Equity Cost 8.48%
WACC 7.69%
Leverage 94.50%

11. Quality Control: Unimot S.A. passed 4 out of 9 key points

12.a Historical Valuation

12.b Price/Earnings Ratio

12.c Margin Valuation

12.d Peers Valuation

Peers Group Analysis

Stock-Card
REN

A-Score: 7.3/10

Value: 6.6

Growth: 4.7

Quality: 5.7

Yield: 8.1

Momentum: 9.0

Volatility: 9.7

1-Year Total Return ->

Stock-Card
Ascopiave

A-Score: 6.8/10

Value: 5.6

Growth: 6.1

Quality: 6.2

Yield: 8.1

Momentum: 6.0

Volatility: 9.0

1-Year Total Return ->

Stock-Card
Italgas

A-Score: 6.7/10

Value: 4.6

Growth: 3.9

Quality: 4.9

Yield: 8.1

Momentum: 9.0

Volatility: 9.7

1-Year Total Return ->

Stock-Card
Unimot

A-Score: 6.7/10

Value: 8.4

Growth: 9.3

Quality: 3.0

Yield: 8.1

Momentum: 4.0

Volatility: 7.3

1-Year Total Return ->

Stock-Card
Telecom Plus

A-Score: 6.7/10

Value: 4.5

Growth: 7.7

Quality: 6.1

Yield: 8.1

Momentum: 5.5

Volatility: 8.0

1-Year Total Return ->

Stock-Card
Suburban Propane

A-Score: 6.2/10

Value: 6.4

Growth: 2.4

Quality: 5.1

Yield: 10.0

Momentum: 4.5

Volatility: 8.7

1-Year Total Return ->

Peers Metrics

12.e Scoring Insights

12.f DCF BETA

Parameters

Short Term Growth

Short term Time

Long-Term Growth

WACC

Target Price

133.0$

Current Price

133$

Potential

-0.00%

Expected Cash-Flows