Delayed
London S.E.
10:50:00 2024-07-16 am EDT
|
5-day change
|
1st Jan Change
|
99
PLN
|
0.00%
|
|
-37.25%
|
+34.79%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
26,866
|
27,650
|
19,433
|
13,064
|
11,490
|
16,036
|
-
|
-
|
Enterprise Value (EV)
1 |
26,403
|
26,835
|
18,495
|
12,198
|
10,631
|
15,559
|
15,526
|
14,701
|
P/E ratio
|
161
x
|
23.9
x
|
93.2
x
|
37.7
x
|
24
x
|
59.4
x
|
97.7
x
|
25.3
x
|
Yield
|
0.38%
|
1.82%
|
2.59%
|
-
|
0.87%
|
0.62%
|
0.62%
|
0.23%
|
Capitalization / Revenue
|
51.5
x
|
12.9
x
|
21.9
x
|
13.7
x
|
9.34
x
|
19.6
x
|
24.6
x
|
5.99
x
|
EV / Revenue
|
50.7
x
|
12.5
x
|
20.8
x
|
12.8
x
|
8.64
x
|
19
x
|
23.8
x
|
5.49
x
|
EV / EBITDA
|
121
x
|
18.8
x
|
54.8
x
|
24.7
x
|
14.9
x
|
42.2
x
|
54.4
x
|
14.7
x
|
EV / FCF
|
211
x
|
38.7
x
|
23.6
x
|
81.4
x
|
37.8
x
|
362
x
|
-41.3
x
|
10.3
x
|
FCF Yield
|
0.47%
|
2.58%
|
4.24%
|
1.23%
|
2.64%
|
0.28%
|
-2.42%
|
9.72%
|
Price to Book
|
24.3
x
|
12.6
x
|
10.3
x
|
-
|
4.8
x
|
6.16
x
|
5.95
x
|
4.87
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
|
160.5
|
160.5
|
160.5
|
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
|
818.1
|
652.4
|
2,677
|
EBITDA
1 |
217.8
|
1,425
|
337.6
|
494.8
|
714.1
|
368.7
|
285.2
|
1,001
|
EBIT
1 |
180.3
|
1,157
|
232.9
|
377.3
|
469
|
249.1
|
145.7
|
1,015
|
Operating Margin
|
34.59%
|
54.1%
|
26.22%
|
39.61%
|
38.13%
|
30.45%
|
22.33%
|
37.92%
|
Earnings before Tax (EBT)
1 |
189.2
|
1,165
|
219.1
|
393.2
|
538.5
|
288.8
|
168.4
|
1,427
|
Net income
1 |
175.3
|
1,154
|
208.9
|
347.1
|
481.1
|
273
|
156.2
|
793
|
Net margin
|
33.63%
|
53.97%
|
23.52%
|
36.44%
|
39.11%
|
33.37%
|
23.95%
|
29.63%
|
EPS
2 |
1.740
|
11.49
|
2.070
|
3.440
|
4.800
|
2.702
|
1.642
|
6.341
|
Free Cash Flow
1 |
125.2
|
693.2
|
784.5
|
149.9
|
281
|
43
|
-376.2
|
1,430
|
FCF margin
|
24.02%
|
32.41%
|
88.32%
|
15.74%
|
22.85%
|
5.26%
|
-57.67%
|
53.41%
|
FCF Conversion (EBITDA)
|
57.49%
|
48.65%
|
232.34%
|
30.3%
|
39.35%
|
11.66%
|
-
|
142.75%
|
FCF Conversion (Net income)
|
71.41%
|
60.05%
|
375.5%
|
43.19%
|
58.42%
|
15.75%
|
-
|
180.28%
|
Dividend per Share
2 |
1.050
|
5.000
|
5.000
|
-
|
1.000
|
1.001
|
1.001
|
0.3695
|
Announcement Date
|
4/8/20
|
4/22/21
|
4/14/22
|
3/30/23
|
3/28/24
|
-
|
-
|
-
|
Fiscal Period: December |
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
|
2025 Q1
|
2025 Q2
|
---|
Net sales
1 |
273.1
|
216.1
|
161.8
|
245.5
|
329.1
|
174.8
|
150.5
|
442.7
|
462.5
|
226.8
|
177.6
|
174.5
|
248
|
161.2
|
165
|
EBITDA
1 |
116.7
|
107.2
|
73.81
|
148.8
|
164.9
|
74.96
|
52.3
|
189.5
|
285.9
|
84.88
|
67.95
|
54.22
|
95.86
|
48.96
|
49.22
|
EBIT
1 |
94.65
|
85.3
|
52.16
|
97.1
|
142.8
|
71.54
|
27.5
|
186.2
|
187.9
|
81.3
|
42.58
|
39.71
|
77.24
|
41.65
|
25.05
|
Operating Margin
|
34.66%
|
39.47%
|
32.25%
|
39.55%
|
43.39%
|
40.94%
|
18.27%
|
42.07%
|
40.62%
|
35.85%
|
23.98%
|
22.76%
|
31.15%
|
25.84%
|
15.18%
|
Earnings before Tax (EBT)
1 |
86.84
|
91.89
|
61.72
|
112
|
127.5
|
80.36
|
40.36
|
233.7
|
188.1
|
97.19
|
58.21
|
48
|
75.32
|
42.47
|
42.55
|
Net income
1 |
87.52
|
68.9
|
44.83
|
98.7
|
134.6
|
69.67
|
21.6
|
202.9
|
191.1
|
100.1
|
49.04
|
38.7
|
79.18
|
35.25
|
35.32
|
Net margin
|
32.05%
|
31.88%
|
27.71%
|
40.2%
|
40.91%
|
39.87%
|
14.35%
|
45.83%
|
41.32%
|
44.12%
|
27.62%
|
22.18%
|
31.93%
|
21.86%
|
21.41%
|
EPS
2 |
0.8700
|
0.6800
|
0.4500
|
0.9800
|
1.330
|
0.6900
|
0.2200
|
2.030
|
1.910
|
1.000
|
0.3900
|
0.3850
|
0.7900
|
0.3500
|
0.3500
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
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
|
5/28/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
462
|
815
|
937
|
866
|
859
|
476
|
510
|
1,334
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
125
|
693
|
784
|
150
|
281
|
43
|
-376
|
1,430
|
ROE (net income / shareholders' equity)
|
16.6%
|
70.1%
|
10.2%
|
17.7%
|
21.7%
|
11.2%
|
6.12%
|
29.4%
|
ROA (Net income/ Total Assets)
|
13.9%
|
33.7%
|
8.28%
|
15.7%
|
19.7%
|
10.4%
|
5.8%
|
30.9%
|
Assets
1 |
1,265
|
3,425
|
2,525
|
2,216
|
2,445
|
2,623
|
2,695
|
2,568
|
Book Value Per Share
2 |
11.50
|
21.70
|
18.80
|
-
|
24.00
|
26.00
|
27.00
|
33.00
|
Cash Flow per Share
2 |
2.150
|
7.080
|
9.600
|
4.030
|
6.090
|
4.160
|
3.160
|
8.420
|
Capex
1 |
256
|
222
|
183
|
256
|
330
|
322
|
440
|
590
|
Capex / Sales
|
49.21%
|
10.36%
|
20.65%
|
26.89%
|
26.81%
|
39.35%
|
67.5%
|
22.03%
|
Announcement Date
|
4/8/20
|
4/22/21
|
4/14/22
|
3/30/23
|
3/28/24
|
-
|
-
|
-
|
Mean consensus UNDERPERFORM Last Close Price
160.5
PLN Average target price
116.7
PLN Spread / Average Target -27.28% Consensus |
1st Jan change
|
Capi.
|
---|
| -5.04% | 251B | | -14.65% | 62.51B | | +4.02% | 60.7B | | +4.25% | 54.7B | | +7.74% | 43.74B | | +7.21% | 38.98B | | +117.14% | 28.47B | | +5.21% | 22.04B | | +25.04% | 14.41B |
Application Software
|