Looks like there`s been an error while trying to load this page.
Our team has been notified but please contact us using the email support widget if the problem persists.
| Metrics | Range | Conclusion |
|---|---|---|
| Selected LTM Ps Multiple | 1.8x - 1.9x | 1.9x |
| Selected Fwd Ps Multiple | 1.5x - 1.6x | 1.5x |
| Fair Value | zł59.60 - zł65.88 | zł62.74 |
| Upside | -22.1% - -13.9% | -18.0% |
| Benchmarks | Ticker | Full Ticker |
|---|---|---|
| MakoLab Spólka Akcyjna | - | WSE:MLB |
| Sevenet S.A. | - | WSE:SEV |
| A.P.N. Promise S.A. | - | WSE:PRO |
| Passus S.A. | - | WSE:PAS |
| Betacom S.A. | - | WSE:BCM |
| Asseco South Eastern Europe S.A. | - | WSE:ASE |
| Select Price / LTM Sales Ratio | ||||||||
| Benchmark Companies | ||||||||
| MLB | SEV | PRO | PAS | BCM | ASE | |||
| WSE:MLB | WSE:SEV | WSE:PRO | WSE:PAS | WSE:BCM | WSE:ASE | |||
| Historical Sales Growth | ||||||||
| 5Y CAGR | 11.6% | 9.0% | 10.4% | 22.7% | NM- | 14.2% | ||
| 3Y CAGR | 11.3% | 12.2% | 10.3% | 19.5% | 14.0% | 14.2% | ||
| Latest Twelve Months | 4.4% | -0.5% | 5.8% | 34.7% | 7.7% | 6.9% | ||
| Historical Net Income Profit Margin | ||||||||
| 5 Year Average Margin | 5.6% | 1.9% | 0.6% | 6.4% | -0.2% | 12.4% | ||
| Prior Fiscal Year | 3.2% | 1.0% | 0.4% | 8.0% | 0.9% | 12.2% | ||
| Latest Fiscal Year | 6.3% | 1.0% | 1.6% | 9.6% | 1.1% | 11.7% | ||
| Latest Twelve Months | 4.4% | 0.9% | 1.1% | 9.6% | 1.1% | 10.8% | ||
| Current Trading Multiples | ||||||||
| EV / LTM EBITDA | 2.0x | 4.3x | 7.4x | 10.4x | 2.1x | 14.0x | ||
| Price / LTM Sales | 0.4x | 0.2x | 0.1x | 1.1x | 0.1x | 2.3x | ||
| LTM P/E Ratio | 9.9x | 21.6x | 8.0x | 11.3x | 10.3x | 21.1x | ||
| Low | Mid | High | ||||||
| Benchmark LTM P/S Ratio | 0.1x | 0.2x | 1.1x | |||||
| Historical LTM P/S Ratio | 1.5x | 1.6x | 2.4x | |||||
| Selected Price / Sales Multiple | 1.8x | 1.9x | 1.9x | |||||
| (x) LTM Sales | 1,741 | 1,741 | 1,741 | |||||
| (=) Equity Value | 3,071 | 3,233 | 3,395 | |||||
| (/) Shares Outstanding | 51.9 | 51.9 | 51.9 | |||||
| Implied Value Range | 59.18 | 62.30 | 65.41 | |||||
| FX Rate: PLN/PLN | 1.0 | 1.0 | 1.0 | Market Price | ||||
| Implied Value Range (Trading Cur) | 59.18 | 62.30 | 65.41 | 76.50 | ||||
| Upside / (Downside) | -22.6% | -18.6% | -14.5% | |||||
| Equity Value | |||||||
| Benchmark Companies | |||||||
| (in millions) | MLB | SEV | PRO | PAS | BCM | ASE | |
| Value of Common Equity | 36 | 29 | 85 | 120 | 21 | 3,970 | |
| (/) Shares Outstanding | 7.0 | 10.1 | 11.4 | 1.8 | 4.0 | 51.9 | |
| Implied Stock Price | 5.20 | 2.87 | 7.50 | 67.00 | 5.25 | 76.50 | |
| FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
| Implied Stock Price (Trading Cur) | 5.20 | 2.87 | 7.50 | 67.00 | 5.25 | 76.50 | |
| Trading Currency | PLN | PLN | PLN | PLN | PLN | PLN | |
| FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |