Company Valuation: Gielda Papierów Wartosciowych w Warszawie S.A.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,738 1,491 1,784 1,698 2,728 3,939 - -
Change - -14.24% 19.65% -4.82% 60.69% 44.38% - -
Enterprise Value (EV) 1 1,368 1,491 1,563 1,329 2,344 3,386 3,443 3,421
Change - 9.01% 4.82% -14.93% 76.31% 44.46% 1.68% -0.63%
P/E 10.8x 10.3x 11.4x 11.4x 14x 16.5x 16.1x 16x
PBR 1.8x - 1.72x 1.59x - 3.29x 3.1x 2.94x
PEG - -1x 1.46x -2.36x 0.4x 0.7x 7.48x 17.93x
Capitalization / Revenue 4.27x 3.83x 4.01x 3.65x 4.94x 6.15x 6.03x 5.91x
EV / Revenue 3.36x 3.83x 3.51x 2.86x 4.25x 5.29x 5.27x 5.14x
EV / EBITDA 6.41x 8.9x 9.75x 10.6x 10.8x 12.9x 11.6x 11.5x
EV / EBIT 7.68x 11.5x 12.2x 14.2x 13x 15x 14.8x 14.8x
EV / FCF 141x - 21.4x 14.6x 18.5x 14x 21.1x 20.2x
FCF Yield 0.71% - 4.67% 6.87% 5.42% 7.15% 4.75% 4.94%
Dividend per Share 2 2.5 - - 3 - 3.65 3.893 4.267
Rate of return 6.04% - - 7.42% - 3.89% 4.15% 4.55%
EPS 2 3.84 3.45 3.72 3.54 4.65 5.701 5.824 5.876
Distribution rate 65.1% - - 84.7% - 64% 66.8% 72.6%
Net sales 1 407.6 389.3 444.9 464.8 551.9 640 653.5 665.9
EBITDA 1 213.4 167.4 160.2 125 216.5 262 296.1 296.8
EBIT 1 178.2 130 128 93.5 179.8 225 232.6 230.5
Net income 1 161.2 145 156 148.7 195 234 244.5 246.5
Net Debt 1 -370.8 - -221.1 -368.3 -384.3 -553 -496 -517.6
Reference price 2 41.42 35.52 42.50 40.45 65.00 93.85 93.85 93.85
Nbr of stocks (in thousands) 41,972 41,972 41,972 41,972 41,972 41,972 - -
Announcement Date 18/03/22 12/04/23 10/04/24 25/03/25 23/03/26 - - -
1PLN in Million2PLN
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
16.46x5.29x12.92x3.89% 1.06B
23.82x14.38x20.17x4.23% 101B
30.07x8.37x15.34x0.55% 22.41B
42.57x20.27x29.7x0.83% 14.73B
23.03x8.83x13.39x3.28% 14.64B
49.08x27.27x38.74x1.1% 8.85B
21.28x7.42x13.08x3.51% 7.88B
16.03x-1274.82x-2538.45x - 4.21B
37.14x13.7x38.82x1.34% 4.13B
16x11.17x11.59x4.68% 3.07B
Average 27.55x -115.81x -234.47x 2.6% 18.21B
Weighted average by Cap. 27.11x -15.91x -38.47x 3.16%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. GPW Stock
  4. Valuation Gielda Papierów Wartosciowych w Warszawie S.A.