Financials PKO Bank Polski S.A.

Equities

PKO

PLPKO0000016

Banks

Market Closed - Warsaw S.E. 11:55:40 2024-06-12 am EDT 5-day change 1st Jan Change
57.34 PLN +2.06% Intraday chart for PKO Bank Polski S.A. +2.06% +13.95%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 43,075 35,900 56,162 37,862 62,900 70,225 - -
Enterprise Value (EV) 1 43,075 35,900 56,162 37,862 62,900 70,225 70,225 70,225
P/E ratio 10.7 x -14 x 11.5 x 11.3 x 11.4 x 7.87 x 7.72 x 6.95 x
Yield 3.86% - 4.07% - - 8.33% 9.86% 9.92%
Capitalization / Revenue 2.97 x 2.55 x 3.92 x 2.26 x 2.74 x 2.71 x 2.71 x 2.61 x
EV / Revenue 2.97 x 2.55 x 3.92 x 2.26 x 2.74 x 2.71 x 2.71 x 2.61 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 1.04 x 0.79 x 1.49 x 1.07 x 1.39 x 1.4 x 1.31 x 1.22 x
Nbr of stocks (in thousands) 1,250,000 1,250,000 1,250,000 1,250,000 1,250,000 1,250,000 - -
Reference price 2 34.46 28.72 44.93 30.29 50.32 57.34 57.34 57.34
Announcement Date 2/12/20 2/17/21 2/23/22 3/10/23 3/7/24 - - -
1PLN in Million2PLN
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 14,495 14,055 14,313 16,764 22,944 25,898 25,908 26,856
EBITDA - - - - - - - -
EBIT 1 8,347 8,071 8,139 8,914 15,309 18,152 16,354 16,546
Operating Margin 57.59% 57.42% 56.86% 53.17% 66.72% 70.09% 63.12% 61.61%
Earnings before Tax (EBT) 1 5,819 4,009 7,559 4,749 8,562 12,412 13,430 13,828
Net income 1 4,031 2,645 4,874 3,333 5,502 9,188 9,259 9,716
Net margin 27.81% 18.82% 34.05% 19.88% 23.98% 35.48% 35.74% 36.18%
EPS 2 3.220 -2.050 3.900 2.670 4.400 7.289 7.425 8.252
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 1.330 - 1.830 - - 4.775 5.655 5.688
Announcement Date 2/12/20 2/17/21 2/23/22 3/10/23 3/7/24 - - -
1PLN in Million2PLN
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 S1 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 3,864 4,379 4,889 9,267 2,098 5,399 5,290 5,503 5,638 6,313 6,470 5,907 6,804 6,369 - -
EBITDA - - - - - - - - - - - - - - - -
EBIT 2,282 2,533 2,529 5,062 207 3,645 3,305 3,757 3,848 4,199 4,291 - - - - -
Operating Margin 59.06% 57.84% 51.73% 54.62% 9.87% 67.51% 62.48% 68.27% 68.25% 66.51% 66.32% - - - - -
Earnings before Tax (EBT) 1,846 1,866 888 2,753 -343 - 1,966 1,034 3,837 1,726 2,736 - - - - -
Net income 1,203 1,416 422 1,838 -237 1,732 1,454 587 2,781 680 2,044 - - - - -
Net margin 31.13% 32.34% 8.63% 19.83% -11.3% 32.08% 27.49% 10.67% 49.33% 10.77% 31.59% - - - - -
EPS 0.9600 - 0.3400 - -0.1900 1.390 - - - - - - - - - -
Dividend per Share 2 1.830 - - - - - - - - - - - - 5.360 - -
Announcement Date 2/23/22 5/18/22 8/17/22 8/17/22 11/9/22 3/10/23 5/17/23 8/23/23 11/8/23 3/7/24 5/8/24 - - - - -
1PLN in Million2PLN
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 10% 6.1% 12.1% 9.7% 13.3% 19.5% 18.1% 17.8%
ROA (Net income/ Total Assets) 1.2% 0.7% 1.23% 1.6% 1.2% 1.94% 1.74% 1.75%
Assets 1 335,917 377,857 397,527 208,312 458,500 473,627 531,133 555,226
Book Value Per Share 2 33.30 36.30 30.20 28.40 36.20 40.90 43.70 47.10
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 2/12/20 2/17/21 2/23/22 3/10/23 3/7/24 - - -
1PLN in Million2PLN
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
13
Last Close Price
57.34 PLN
Average target price
68.46 PLN
Spread / Average Target
+19.39%
Consensus
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  4. Financials PKO Bank Polski S.A.