Market Closed -
Warsaw S.E.
11:55:42 2024-04-26 am EDT
|
5-day change
|
1st Jan Change
|
116.2
PLN
|
+1.35%
|
|
+2.61%
|
+1.00%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
26,866
|
27,650
|
19,433
|
13,064
|
11,490
|
11,605
|
-
|
-
|
Enterprise Value (EV)
1 |
26,403
|
26,835
|
18,495
|
12,198
|
11,490
|
10,563
|
10,735
|
11,605
|
P/E ratio
|
161
x
|
23.9
x
|
93.2
x
|
37.7
x
|
24
x
|
50.7
x
|
75.6
x
|
14.2
x
|
Yield
|
0.38%
|
1.82%
|
2.59%
|
-
|
-
|
0.35%
|
0.27%
|
0.29%
|
Capitalization / Revenue
|
51.5
x
|
12.9
x
|
21.9
x
|
13.7
x
|
9.34
x
|
14.8
x
|
18.2
x
|
3.98
x
|
EV / Revenue
|
50.7
x
|
12.5
x
|
20.8
x
|
12.8
x
|
9.34
x
|
13.5
x
|
16.8
x
|
3.98
x
|
EV / EBITDA
|
121
x
|
18.8
x
|
54.8
x
|
24.7
x
|
16.1
x
|
26.5
x
|
35.7
x
|
7.18
x
|
EV / FCF
|
211
x
|
38.7
x
|
23.6
x
|
81.4
x
|
-
|
528
x
|
-30.3
x
|
7.78
x
|
FCF Yield
|
0.47%
|
2.58%
|
4.24%
|
1.23%
|
-
|
0.19%
|
-3.3%
|
12.9%
|
Price to Book
|
24.3
x
|
12.6
x
|
10.3
x
|
-
|
-
|
4.56
x
|
4.29
x
|
3.75
x
|
Nbr of stocks (in thousands)
|
96,120
|
100,655
|
100,739
|
100,771
|
99,911
|
99,911
|
-
|
-
|
Reference price
2 |
279.5
|
274.7
|
192.9
|
129.6
|
115.0
|
116.2
|
116.2
|
116.2
|
Announcement Date
|
4/8/20
|
4/22/21
|
4/14/22
|
3/30/23
|
3/28/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
521.3
|
2,139
|
888.2
|
952.6
|
1,230
|
783.1
|
639
|
2,913
|
EBITDA
1 |
217.8
|
1,425
|
337.6
|
494.8
|
714.1
|
398.8
|
300.6
|
1,615
|
EBIT
1 |
180.3
|
1,157
|
232.9
|
377.3
|
469
|
229.2
|
147.4
|
1,083
|
Operating Margin
|
34.59%
|
54.1%
|
26.22%
|
39.61%
|
38.13%
|
29.27%
|
23.07%
|
37.17%
|
Earnings before Tax (EBT)
1 |
189.2
|
1,165
|
219.1
|
393.2
|
538.5
|
275.6
|
167.5
|
380.6
|
Net income
1 |
175.3
|
1,154
|
208.9
|
347.1
|
481.1
|
241.5
|
147.6
|
609.1
|
Net margin
|
33.63%
|
53.97%
|
23.52%
|
36.44%
|
39.11%
|
30.84%
|
23.1%
|
20.91%
|
EPS
2 |
1.740
|
11.49
|
2.070
|
3.440
|
4.800
|
2.290
|
1.536
|
8.185
|
Free Cash Flow
1 |
125.2
|
693.2
|
784.5
|
149.9
|
-
|
20
|
-354.2
|
1,492
|
FCF margin
|
24.02%
|
32.41%
|
88.32%
|
15.74%
|
-
|
2.55%
|
-55.44%
|
51.21%
|
FCF Conversion (EBITDA)
|
57.49%
|
48.65%
|
232.34%
|
30.3%
|
-
|
5.01%
|
-
|
92.37%
|
FCF Conversion (Net income)
|
71.41%
|
60.05%
|
375.5%
|
43.19%
|
-
|
8.28%
|
-
|
244.94%
|
Dividend per Share
2 |
1.050
|
5.000
|
5.000
|
-
|
-
|
0.4119
|
0.3175
|
0.3333
|
Announcement Date
|
4/8/20
|
4/22/21
|
4/14/22
|
3/30/23
|
3/28/24
|
-
|
-
|
-
|
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
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
---|
Net sales
1 |
144.5
|
273.1
|
216.1
|
161.8
|
245.5
|
329.1
|
174.8
|
150.5
|
442.7
|
462.5
|
228.5
|
157.2
|
174.9
|
246.1
|
EBITDA
1 |
42.9
|
116.7
|
107.2
|
73.81
|
148.8
|
164.9
|
74.96
|
52.3
|
189.5
|
285.9
|
105.1
|
-
|
-
|
-
|
EBIT
1 |
15.6
|
94.65
|
85.3
|
52.16
|
97.1
|
142.8
|
71.54
|
27.5
|
186.2
|
187.9
|
73.99
|
45.32
|
45.48
|
85.98
|
Operating Margin
|
10.8%
|
34.66%
|
39.47%
|
32.25%
|
39.55%
|
43.39%
|
40.94%
|
18.27%
|
42.07%
|
40.62%
|
32.38%
|
28.83%
|
26%
|
34.94%
|
Earnings before Tax (EBT)
1 |
16.4
|
86.84
|
91.89
|
61.72
|
112
|
127.5
|
80.36
|
40.36
|
233.7
|
188.1
|
83.72
|
57.7
|
41.75
|
86.5
|
Net income
1 |
16.3
|
87.52
|
68.9
|
44.83
|
98.7
|
134.6
|
69.67
|
21.6
|
202.9
|
191.1
|
72.57
|
51.05
|
36.85
|
76.45
|
Net margin
|
11.28%
|
32.05%
|
31.88%
|
27.71%
|
40.2%
|
40.91%
|
39.87%
|
14.35%
|
45.83%
|
41.32%
|
31.76%
|
32.47%
|
21.07%
|
31.06%
|
EPS
2 |
0.1600
|
0.8700
|
0.6800
|
0.4500
|
0.9800
|
1.330
|
0.6900
|
0.2200
|
2.030
|
1.910
|
0.7000
|
0.4200
|
0.4600
|
0.8800
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
11/29/21
|
4/14/22
|
5/26/22
|
9/7/22
|
11/28/22
|
3/30/23
|
5/29/23
|
8/30/23
|
11/28/23
|
3/28/24
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
462
|
815
|
937
|
866
|
-
|
1,042
|
870
|
-
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
125
|
693
|
784
|
150
|
-
|
20
|
-354
|
1,492
|
ROE (net income / shareholders' equity)
|
16.6%
|
70.1%
|
10.2%
|
17.7%
|
-
|
11.2%
|
6.76%
|
18.2%
|
ROA (Net income/ Total Assets)
|
13.9%
|
33.7%
|
8.28%
|
15.7%
|
-
|
9.61%
|
5.94%
|
-0.3%
|
Assets
1 |
1,265
|
3,425
|
2,525
|
2,216
|
-
|
2,513
|
2,485
|
-205,095
|
Book Value Per Share
2 |
11.50
|
21.70
|
18.80
|
-
|
-
|
25.50
|
27.10
|
30.90
|
Cash Flow per Share
2 |
2.150
|
7.080
|
9.600
|
4.030
|
-
|
4.360
|
3.020
|
-
|
Capex
1 |
256
|
222
|
183
|
256
|
-
|
366
|
462
|
640
|
Capex / Sales
|
49.21%
|
10.36%
|
20.65%
|
26.89%
|
-
|
46.7%
|
72.31%
|
21.96%
|
Announcement Date
|
4/8/20
|
4/22/21
|
4/14/22
|
3/30/23
|
3/28/24
|
-
|
-
|
-
|
Mean consensus UNDERPERFORM Last Close Price
116.2
PLN Average target price
112.6
PLN Spread / Average Target -3.07% Consensus |
1st Jan change
|
Capi.
|
---|
| +1.00% | 2.87B | | -19.95% | 214B | | -9.06% | 66.6B | | -3.37% | 56.39B | | -10.49% | 46.62B | | +8.30% | 43.93B | | -6.51% | 34.19B | | -7.95% | 29.14B | | +85.24% | 24.32B | | +3.45% | 21.64B |
Application Software
|