Text

Rising Compliance Costs And Free Software Will Erode Value

AnalystLowTarget

Not Invested

Consensus Narrative from 5 Analysts

Published

28 Jul 25

AnalystLowTarget's Fair Value

zł56.50

6.7% undervalued

04 Sep

zł52.70

-25.2%

-2.8%

-25.2%

-2.8%

You can edit this narrative until Jul 28 10:06 PM. Then, changes will post as Updates.

Author's Valuation

zł56.5

6.7% undervalued

AnalystLowTarget Fair Value

Narrative

Updates0

AnalystLowTarget Fair Value

zł56.5

6.7% undervalued

Future estimation in

% p.a.

Decrease

Increase

Current revenue growth rate

1.01%

Software revenue growth rate

1.51%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

Decrease

Increase

Current discount rate

10.99%

Calculation

zł129.24m

Earnings '28

14.92x

PE Ratio '28

zł1.93b

Market Cap '28

zł1.93b

Market Cap '28

25.75m

No. shares '28

zł74.88

Share Price '28

zł74.88 Share Price '28

Discounted to 2025 @ 10.93% p.a.

zł54.85

Fair Value '25