Financials Artifex Mundi S.A.

Equities

ART

PLARTFX00011

Software

Market Closed - Warsaw S.E. 11:55:47 2024-04-30 am EDT 5-day change 1st Jan Change
28.5 PLN -1.38% Intraday chart for Artifex Mundi S.A. -1.04% +65.70%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 49.97 34.98 100.6 113 64.48 204.6
Enterprise Value (EV) 1 38.83 34.6 92.41 97.57 44.5 181.5
P/E ratio -4.37 x -2.55 x 12.3 x 8.72 x 5.37 x 8.23 x
Yield - - - - - -
Capitalization / Revenue 2.48 x 2.1 x 3.91 x 2.89 x 1.67 x 2.48 x
EV / Revenue 1.93 x 2.08 x 3.59 x 2.5 x 1.15 x 2.2 x
EV / EBITDA 8.24 x 7.29 x 7.23 x 6.26 x 4.4 x 7.48 x
EV / FCF 3.59 x 3.03 x 16.1 x 55.7 x 81.9 x -56.7 x
FCF Yield 27.8% 33.1% 6.21% 1.8% 1.22% -1.76%
Price to Book 1.43 x 1.65 x 3.42 x 2.61 x 1.17 x 2.54 x
Nbr of stocks (in thousands) 11,897 11,897 11,897 11,897 11,897 11,897
Reference price 2 4.200 2.940 8.460 9.500 5.420 17.20
Announcement Date 4/17/19 3/31/20 3/31/21 3/31/22 3/27/24 3/27/24
1PLN in Million2PLN
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 20.12 16.65 25.73 39.08 38.55 82.49
EBITDA 1 4.715 4.748 12.78 15.58 10.11 24.26
EBIT 1 4.217 4.278 12.44 15.33 9.934 24
Operating Margin 20.96% 25.68% 48.36% 39.23% 25.77% 29.1%
Earnings before Tax (EBT) 1 -13.2 -14.43 10.19 14.7 12.54 27.44
Net income 1 -10.47 -13.7 8.243 13 12.07 24.92
Net margin -52.06% -82.26% 32.04% 33.27% 31.3% 30.21%
EPS 2 -0.9611 -1.151 0.6900 1.090 1.010 2.090
Free Cash Flow 1 10.81 11.44 5.74 1.752 0.5433 -3.2
FCF margin 53.7% 68.67% 22.31% 4.48% 1.41% -3.88%
FCF Conversion (EBITDA) 229.16% 240.86% 44.9% 11.24% 5.37% -
FCF Conversion (Net income) - - 69.64% 13.48% 4.5% -
Dividend per Share - - - - - -
Announcement Date 4/17/19 3/31/20 3/31/21 3/31/22 3/27/24 3/27/24
1PLN in Million2PLN
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 11.1 0.38 8.24 15.5 20 23.1
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 10.8 11.4 5.74 1.75 0.54 -3.2
ROE (net income / shareholders' equity) -29.9% -48.9% 32.6% 35.7% 24.5% 36.7%
ROA (Net income/ Total Assets) 6.76% 8% 24.4% 22.2% 10.7% 18.3%
Assets 1 -154.9 -171.3 33.71 58.63 112.4 136.1
Book Value Per Share 2 2.930 1.780 2.470 3.640 4.640 6.780
Cash Flow per Share 2 0.9400 0.3300 0.9300 1.470 0.2700 0.5400
Capex 1 0.25 0.12 0.33 0.22 0.43 0.61
Capex / Sales 1.22% 0.74% 1.27% 0.55% 1.13% 0.74%
Announcement Date 4/17/19 3/31/20 3/31/21 3/31/22 3/27/24 3/27/24
1PLN in Million2PLN
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

1st Jan change Capi.
+65.70% 83.8M
-21.32% 207B
-11.27% 64.92B
-5.58% 54.75B
-13.46% 45.53B
+4.15% 41.94B
-6.31% 33.91B
-11.41% 28.36B
+75.06% 23.25B
0.00% 21.21B
Application Software
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