Market Closed -
Warsaw S.E.
16:55:49 02/05/2024 BST
|
5-day change
|
1st Jan Change
|
559
PLN
|
0.00%
|
|
+4.10%
|
+3.33%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
914.9
|
1,119
|
1,311
|
1,404
|
1,308
|
1,351
|
-
|
-
|
Enterprise Value (EV)
1 |
844.4
|
1,034
|
1,213
|
1,325
|
1,308
|
1,172
|
1,116
|
1,163
|
P/E ratio
|
44.5
x
|
30.3
x
|
46.3
x
|
61.9
x
|
2,459
x
|
8.55
x
|
8.94
x
|
13.8
x
|
Yield
|
-
|
-
|
-
|
-
|
-
|
-
|
8.64%
|
4.27%
|
Capitalization / Revenue
|
12.8
x
|
12.8
x
|
18.7
x
|
18.9
x
|
25
x
|
4.22
x
|
4.51
x
|
4.88
x
|
EV / Revenue
|
11.9
x
|
11.9
x
|
17.3
x
|
17.9
x
|
25
x
|
3.66
x
|
3.72
x
|
4.2
x
|
EV / EBITDA
|
27.9
x
|
20.3
x
|
31.2
x
|
51.2
x
|
-
|
5.1
x
|
5.8
x
|
9.23
x
|
EV / FCF
|
31
x
|
131
x
|
101
x
|
-104
x
|
-
|
7.9
x
|
9.34
x
|
9.77
x
|
FCF Yield
|
3.22%
|
0.77%
|
0.99%
|
-0.96%
|
-
|
12.7%
|
10.7%
|
10.2%
|
Price to Book
|
7.64
x
|
6.67
x
|
6.64
x
|
6.25
x
|
-
|
3.25
x
|
2.32
x
|
-
|
Nbr of stocks (in thousands)
|
2,287
|
2,361
|
2,367
|
2,380
|
2,417
|
2,417
|
-
|
-
|
Reference price
2 |
400.0
|
474.0
|
554.0
|
590.0
|
541.0
|
559.0
|
559.0
|
559.0
|
Announcement Date
|
25/03/20
|
28/04/21
|
01/04/22
|
07/04/23
|
18/04/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
71.22
|
87.1
|
70.12
|
74.21
|
52.27
|
320.1
|
299.6
|
277
|
EBITDA
1 |
30.3
|
51.06
|
38.95
|
25.87
|
-
|
229.7
|
192.4
|
126
|
EBIT
1 |
23.87
|
40.79
|
30.03
|
19.98
|
7.592
|
205
|
172.7
|
158.5
|
Operating Margin
|
33.52%
|
46.83%
|
42.83%
|
26.93%
|
14.52%
|
64.04%
|
57.65%
|
57.22%
|
Earnings before Tax (EBT)
1 |
25.03
|
40.65
|
31.83
|
27.23
|
-
|
189.3
|
165.9
|
105
|
Net income
1 |
21.71
|
37.36
|
28.69
|
22.89
|
-
|
190.6
|
163
|
96
|
Net margin
|
30.48%
|
42.9%
|
40.91%
|
30.85%
|
-
|
59.54%
|
54.41%
|
34.66%
|
EPS
2 |
8.980
|
15.64
|
11.96
|
9.530
|
0.2200
|
65.41
|
62.50
|
40.54
|
Free Cash Flow
1 |
27.21
|
7.91
|
12.06
|
-12.75
|
-
|
148.2
|
119.5
|
119.1
|
FCF margin
|
38.2%
|
9.08%
|
17.2%
|
-17.18%
|
-
|
46.31%
|
39.88%
|
43%
|
FCF Conversion (EBITDA)
|
89.8%
|
15.49%
|
30.97%
|
-
|
-
|
64.54%
|
62.12%
|
94.52%
|
FCF Conversion (Net income)
|
125.32%
|
21.17%
|
42.06%
|
-
|
-
|
77.78%
|
73.3%
|
124.06%
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
-
|
-
|
48.28
|
23.87
|
Announcement Date
|
25/03/20
|
28/04/21
|
01/04/22
|
07/04/23
|
18/04/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 Q3
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
---|
Net sales
1 |
13.42
|
20.93
|
17.8
|
28.02
|
13.81
|
14.62
|
14.82
|
9.989
|
9.505
|
17.99
|
12.67
|
EBITDA
1 |
5.786
|
13.4
|
5.318
|
11.17
|
4.074
|
5.31
|
3.006
|
-0.065
|
-1.281
|
-
|
1.75
|
EBIT
1 |
3.923
|
11.61
|
3.749
|
9.668
|
2.58
|
3.986
|
1.885
|
-1.256
|
-2.302
|
9.265
|
0.65
|
Operating Margin
|
29.24%
|
55.49%
|
21.06%
|
34.5%
|
18.68%
|
27.26%
|
12.72%
|
-12.57%
|
-24.22%
|
51.49%
|
5.13%
|
Earnings before Tax (EBT)
1 |
-
|
12.14
|
5.352
|
12.45
|
5.522
|
3.898
|
2.855
|
1.909
|
-3.104
|
-1.954
|
0.9
|
Net income
1 |
4.09
|
11.29
|
3.774
|
11.31
|
4.881
|
2.925
|
2.466
|
1.547
|
-2.662
|
-
|
1.2
|
Net margin
|
30.48%
|
53.94%
|
21.2%
|
40.36%
|
35.34%
|
20%
|
16.64%
|
15.49%
|
-28.01%
|
-
|
9.47%
|
EPS
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
18/11/21
|
01/04/22
|
25/05/22
|
30/09/22
|
17/11/22
|
07/04/23
|
25/05/23
|
30/08/23
|
17/11/23
|
18/04/24
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
70.5
|
84.9
|
97.8
|
79.6
|
-
|
180
|
235
|
188
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
27.2
|
7.91
|
12.1
|
-12.7
|
-
|
148
|
120
|
119
|
ROE (net income / shareholders' equity)
|
20.7%
|
26.3%
|
15.8%
|
10.9%
|
-
|
33.6%
|
22.3%
|
21.7%
|
ROA (Net income/ Total Assets)
|
16.4%
|
-
|
14.1%
|
9.87%
|
-
|
46%
|
-
|
-
|
Assets
1 |
132.5
|
-
|
202.9
|
231.9
|
-
|
414.3
|
-
|
-
|
Book Value Per Share
2 |
52.40
|
71.10
|
83.40
|
94.30
|
-
|
172.0
|
241.0
|
-
|
Cash Flow per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Capex
1 |
14.4
|
29.8
|
28.9
|
45.7
|
-
|
60
|
80
|
70.9
|
Capex / Sales
|
20.27%
|
34.16%
|
41.18%
|
61.56%
|
-
|
18.75%
|
26.69%
|
25.59%
|
Announcement Date
|
25/03/20
|
28/04/21
|
01/04/22
|
07/04/23
|
18/04/24
|
-
|
-
|
-
|
Average target price
700.1
PLN Spread / Average Target +25.25% Consensus |
1st Jan change
|
Capi.
|
---|
| +3.33% | 336M | | -18.51% | 218B | | -7.35% | 67.86B | | -5.13% | 55.36B | | -11.62% | 46.03B | | +2.38% | 41.53B | | -5.30% | 34.64B | | -11.95% | 27.89B | | +88.38% | 24.73B | | +0.46% | 21.01B |
Application Software
|