Upcoming Dividend • 14h
Upcoming dividend of zł1.30 per share Eligible shareholders must have bought the stock before 10 July 2026. Payment date: 20 July 2026. The company is not currently making a profit but it is cash flow positive. Trailing yield: 2.2%. Lower than top quartile of Polish dividend payers (7.0%). In line with average of industry peers (2.3%). New Risk • Jun 02
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.5x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.5x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.4% average weekly change). Announcement • May 08
Wirtualna Polska Holding S.A., Annual General Meeting, Jun 02, 2026 Wirtualna Polska Holding S.A., Annual General Meeting, Jun 02, 2026, at 15:00 Central European Standard Time. Declared Dividend • May 04
Dividend reduced to zł1.30 Dividend of zł1.30 is 41% lower than last year. Ex-date: 10th July 2026 Payment date: 20th July 2026 Dividend yield will be 2.2%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is well covered by both earnings (46% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 8.0% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 421% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • May 03
Wirtualna Polska Holding S.A. announces Annual dividend, payable on July 20, 2026 Wirtualna Polska Holding S.A. announced Annual dividend of PLN 1.3000 per share payable on July 20, 2026, ex-date on July 10, 2026 and record date on July 13, 2026. New Risk • Mar 31
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Polish stocks, typically moving 8.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (148% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.5% average weekly change). New Risk • Mar 25
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.5x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.5x net interest cover). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. New Risk • Nov 24
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 20% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks High level of debt (129% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Reported Earnings • Nov 20
Third quarter 2025 earnings released Third quarter 2025 results: Revenue: zł722.2m (up 65% from 3Q 2024). Net income: zł97.7m (up 26% from 3Q 2024). Profit margin: 14% (down from 18% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Interactive Media and Services industry in Europe. Announcement • Nov 15
Wirtualna Polska Holding S.A. to Report Q3, 2025 Results on Nov 18, 2025 Wirtualna Polska Holding S.A. announced that they will report Q3, 2025 results on Nov 18, 2025 Price Target Changed • Oct 24
Price target decreased by 8.1% to zł101 Down from zł110, the current price target is an average from 5 analysts. New target price is 77% above last closing price of zł57.00. Stock is down 28% over the past year. The company is forecast to post earnings per share of zł7.37 for next year compared to zł5.29 last year. New Risk • Sep 25
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 20% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks High level of debt (125% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Reported Earnings • Aug 27
Second quarter 2025 earnings released Second quarter 2025 results: Revenue: zł540.8m (up 42% from 2Q 2024). Net loss: zł11.1m (down 166% from profit in 2Q 2024). Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Interactive Media and Services industry in Europe. Announcement • Aug 20
Wirtualna Polska Holding S.A. to Report First Half, 2025 Results on Aug 26, 2025 Wirtualna Polska Holding S.A. announced that they will report first half, 2025 results on Aug 26, 2025 Upcoming Dividend • Jul 11
Upcoming dividend of zł2.20 per share Eligible shareholders must have bought the stock before 18 July 2025. Payment date: 25 July 2025. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Polish dividend payers (7.2%). Higher than average of industry peers (1.4%). Declared Dividend • May 29
Dividend increased to zł2.90 Dividend of zł2.90 is 45% higher than last year. Ex-date: 18th July 2025 Payment date: 25th July 2025 Dividend yield will be 3.3%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has increased by an average of 7.8% per year over the past 8 years. However, payments have been volatile during that time. EPS is expected to grow by 70% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Major Estimate Revision • Apr 13
Consensus revenue estimates increase by 18% The consensus outlook for revenues in fiscal year 2025 has improved. 2025 revenue forecast increased from zł1.67b to zł1.97b. EPS estimate increased from zł6.81 to zł7.37 per share. Net income forecast to grow 28% next year vs 21% growth forecast for Interactive Media and Services industry in Poland. Consensus price target broadly unchanged at zł105. Share price rose 6.2% to zł89.10 over the past week. Reported Earnings • Mar 26
Full year 2024 earnings: Revenues in line with analyst expectations Full year 2024 results: Revenue: zł1.57b (up 9.2% from FY 2023). Net income: zł155.9m (flat on FY 2023). Profit margin: 9.9% (in line with FY 2023). Revenue was in line with analyst estimates. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Interactive Media and Services industry in Europe. New Risk • Feb 27
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.7% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks High level of debt (45% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Valuation Update With 7 Day Price Move • Dec 26
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to zł77.00, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 24x in the Interactive Media and Services industry in Europe. Total loss to shareholders of 42% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at zł146 per share. Announcement • Dec 25
Wirtualna Polska Holding S.A. (WSE:WPL) signed a framework agreement to acquire Invia.cz, a.s. from Rockaway Capital SE, CITIC Europe Holdings a.s. and others in a transaction valued at €240 million. Wirtualna Polska Holding S.A. (WSE:WPL) signed a framework agreement to acquire Invia.cz, a.s. from Rockaway Capital SE, CITIC Europe Holdings a.s. and others in a transaction valued at €240 million on December 23, 2024. The transaction will result in the acquisition of 100% stake in Invia for the purchase price of nearly €240 million, which may be increased by the net cash increment up to the closing date of the transaction. The closing of the transaction is subject to the satisfaction of certain conditions precedent, including the approval of the concentration by the President of the Office of Competition and Consumer Protection in Poland, Regulatory approvals and the approval of the Shanghai United Assets and Equity Exchange to be granted to the buyer under the regulations of the People's Republic of China. For the period ending September 30, 2024, Invia.cz, a.s. reported total revenue of €183 million and EBITDA of €37 million. Price Target Changed • Dec 05
Price target decreased by 8.2% to zł103 Down from zł113, the current price target is an average from 6 analysts. New target price is 39% above last closing price of zł74.40. Stock is down 33% over the past year. The company is forecast to post earnings per share of zł5.35 for next year compared to zł5.32 last year. Reported Earnings • Nov 26
Third quarter 2024 earnings released: EPS: zł2.71 (vs zł2.40 in 3Q 2023) Third quarter 2024 results: EPS: zł2.71 (up from zł2.40 in 3Q 2023). Revenue: zł437.5m (up 7.9% from 3Q 2023). Net income: zł77.4m (up 10% from 3Q 2023). Profit margin: 18% (in line with 3Q 2023). Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the Interactive Media and Services industry in Europe. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings. Price Target Changed • Oct 14
Price target decreased by 10.0% to zł113 Down from zł125, the current price target is an average from 6 analysts. New target price is 38% above last closing price of zł81.80. Stock is down 26% over the past year. The company is forecast to post earnings per share of zł5.42 for next year compared to zł5.32 last year. Reported Earnings • Aug 28
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: zł380.8m (up 5.9% from 2Q 2023). Net income: zł16.8m (down 47% from 2Q 2023). Profit margin: 4.4% (down from 8.9% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Interactive Media and Services industry in Europe. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings. Upcoming Dividend • Jul 12
Upcoming dividend of zł2.00 per share Eligible shareholders must have bought the stock before 19 July 2024. Payment date: 26 July 2024. Payout ratio is a comfortable 49% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Polish dividend payers (7.3%). Higher than average of industry peers (1.5%). Reported Earnings • May 22
First quarter 2024 earnings released First quarter 2024 results: Revenue: zł349.8m (up 13% from 1Q 2023). Net income: zł16.7m (up 16% from 1Q 2023). Profit margin: 4.8% (up from 4.6% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Interactive Media and Services industry in Europe. Reported Earnings • Mar 27
Full year 2023 earnings released Full year 2023 results: Revenue: zł1.44b (up 33% from FY 2022). Net income: zł155.8m (down 8.7% from FY 2022). Profit margin: 11% (down from 16% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Interactive Media and Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 7% per year. Announcement • Mar 26
Wirtualna Polska Holding Proposes Dividend for the Year 2023, Payable on July 26, 2024 Wirtualna Polska Holding wanted to pay from its net profit for the year 2023 and retained earnings a maximum dividend of PLN 60 million (EUR 13.9 million), which amounts to a dividend of PLN 2 (EUR 0.46) per share. The management board wanted to allocate the net profit for 2023 in the amount of PLN 42.8 million (EUR 9.9 million) and the amount of PLN 17.2 million (EUR 3.9 million) coming from retained earnings from previous periods for dividend payment. The management board wanted to allocate an amount of up to PLN 60 million (EUR 13.9 million) in total for the payment of dividends to the company's shareholders. At the same time, the dividend amount per share will be rounded down to the nearest penny. The difference between the amount indicated above and the dividend amount to which shareholders are entitled, taking into account such rounding off, will be credited to the company's supplementary capital. The Board of Directors announced to set the record date as July 22, 2024 and the dividend payment date as July 26, 2024. The final decision on the distribution of the company's profit will be taken by the company's annual general meeting. Price Target Changed • Mar 25
Price target increased by 8.3% to zł135 Up from zł125, the current price target is an average from 5 analysts. New target price is 18% above last closing price of zł115. Stock is up 16% over the past year. The company is forecast to post earnings per share of zł5.89 for next year compared to zł5.83 last year. Major Estimate Revision • Feb 21
Consensus EPS estimates increase by 21% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from zł1.40b to zł1.43b. EPS estimate increased from zł5.03 to zł6.09 per share. Net income forecast to grow 30% next year vs 20% growth forecast for Interactive Media and Services industry in Poland. Consensus price target broadly unchanged at zł127. Share price fell 2.9% to zł116 over the past week. Buying Opportunity • Dec 31
Now 21% undervalued Over the last 90 days, the stock is up 23%. The fair value is estimated to be zł155, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Earnings per share has grown by 21%. Revenue is forecast to grow by 19% in 2 years. Earnings is forecast to grow by 55% in the next 2 years. Buying Opportunity • Nov 23
Now 21% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be zł146, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Earnings per share has grown by 21%. Revenue is forecast to grow by 15% in 2 years. Earnings is forecast to grow by 57% in the next 2 years. Reported Earnings • Nov 22
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: zł405.3m (up 50% from 3Q 2022). Net income: zł70.1m (up 43% from 3Q 2022). Profit margin: 17% (in line with 3Q 2022). Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the Interactive Media and Services industry in Europe. Reported Earnings • Aug 30
Second quarter 2023 earnings released: EPS: zł1.14 (vs zł1.57 in 2Q 2022) Second quarter 2023 results: EPS: zł1.14 (down from zł1.57 in 2Q 2022). Revenue: zł359.6m (up 35% from 2Q 2022). Net income: zł31.9m (down 30% from 2Q 2022). Profit margin: 8.9% (down from 17% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10.0% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Interactive Media and Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jun 26
Upcoming dividend of zł2.50 per share at 2.2% yield Eligible shareholders must have bought the stock before 03 July 2023. Payment date: 11 July 2023. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Polish dividend payers (7.2%). In line with average of industry peers (2.0%). Reported Earnings • May 28
First quarter 2023 earnings released First quarter 2023 results: Revenue: zł310.5m (up 46% from 1Q 2022). Net income: zł14.4m (down 67% from 1Q 2022). Profit margin: 4.6% (down from 20% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Interactive Media and Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Announcement • May 27
Wirtualna Polska Holding S.A., Annual General Meeting, Jun 21, 2023 Wirtualna Polska Holding S.A., Annual General Meeting, Jun 21, 2023, at 11:00 Central European Standard Time. Reported Earnings • Apr 15
Full year 2022 earnings released Full year 2022 results: Revenue: zł1.08b (up 24% from FY 2021). Net income: zł170.5m (down 6.7% from FY 2021). Profit margin: 16% (down from 21% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Interactive Media and Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Feb 23
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 2.8%. The fair value is estimated to be zł119, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 47%. Revenue is forecast to grow by 36% in 2 years. Earnings is forecast to grow by 1.9% in the next 2 years. Buying Opportunity • Jan 25
Now 20% undervalued Over the last 90 days, the stock is up 7.1%. The fair value is estimated to be zł127, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 47%. For the next 3 years, revenue is forecast to grow by 9.3% per annum. Earnings is also forecast to grow by 7.0% per annum over the same time period. Buying Opportunity • Jan 06
Now 21% undervalued Over the last 90 days, the stock is up 6.9%. The fair value is estimated to be zł128, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 47%. For the next 3 years, revenue is forecast to grow by 9.3% per annum. Earnings is also forecast to grow by 7.0% per annum over the same time period. Reported Earnings • Nov 24
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: zł270.9m (up 20% from 3Q 2021). Net income: zł48.9m (down 8.4% from 3Q 2021). Profit margin: 18% (down from 24% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the Interactive Media and Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Price Target Changed • Nov 16
Price target decreased to zł122 Down from zł134, the current price target is an average from 5 analysts. New target price is 26% above last closing price of zł97.10. Stock is down 37% over the past year. The company is forecast to post earnings per share of zł6.17 for next year compared to zł6.26 last year. Price Target Changed • Sep 07
Price target decreased to zł123 Down from zł134, the current price target is an average from 4 analysts. New target price is 27% above last closing price of zł97.00. Stock is down 28% over the past year. The company is forecast to post earnings per share of zł6.49 for next year compared to zł6.26 last year. Reported Earnings • Aug 23
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: zł266.6m (up 22% from 2Q 2021). Net income: zł45.8m (up 11% from 2Q 2021). Profit margin: 17% (down from 19% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 5.0%, compared to a 16% growth forecast for the Interactive Media and Services industry in Poland. Buying Opportunity • Aug 17
Now 20% undervalued Over the last 90 days, the stock is up 18%. The fair value is estimated to be zł143, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 41%. For the next 3 years, revenue is forecast to grow by 8.3% per annum. Earnings is also forecast to grow by 7.5% per annum over the same time period. Price Target Changed • Jul 11
Price target decreased to zł134 Down from zł145, the current price target is an average from 4 analysts. New target price is 29% above last closing price of zł104. Stock is down 12% over the past year. The company is forecast to post earnings per share of zł6.40 for next year compared to zł6.26 last year. Upcoming Dividend • Jun 24
Upcoming dividend of zł1.20 per share Eligible shareholders must have bought the stock before 01 July 2022. Payment date: 12 July 2022. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Polish dividend payers (8.4%). Lower than average of industry peers (2.2%). Valuation Update With 7 Day Price Move • Jun 22
Investor sentiment improved over the past week After last week's 16% share price gain to zł93.10, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 19x in the Interactive Media and Services industry in Europe. Total returns to shareholders of 51% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at zł135 per share. Reported Earnings • May 20
First quarter 2022 earnings: EPS and revenues exceed analyst expectations First quarter 2022 results: EPS: zł1.48 (up from zł0.91 in 1Q 2021). Revenue: zł213.2m (up 19% from 1Q 2021). Net income: zł43.4m (up 64% from 1Q 2021). Profit margin: 20% (up from 15% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.3%. Earnings per share (EPS) also surpassed analyst estimates by 9.2%. Over the next year, revenue is forecast to grow 6.6%, compared to a 25% growth forecast for the industry in Poland. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Price Target Changed • Apr 27
Price target decreased to zł145 Down from zł158, the current price target is an average from 4 analysts. New target price is 47% above last closing price of zł99.00. Stock is down 1.0% over the past year. The company is forecast to post earnings per share of zł6.52 for next year compared to zł6.26 last year. Buying Opportunity • Apr 20
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 16%. The fair value is estimated to be zł144, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10.0% over the last 3 years. Earnings per share has grown by 33%. For the next 3 years, revenue is forecast to grow by 8.8% per annum. Earnings is also forecast to grow by 9.2% per annum over the same time period. Price Target Changed • Apr 15
Price target decreased to zł145 Down from zł158, the current price target is an average from 4 analysts. New target price is 26% above last closing price of zł115. Stock is up 15% over the past year. The company is forecast to post earnings per share of zł6.52 for next year compared to zł6.26 last year. Buying Opportunity • Mar 29
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 20%. The fair value is estimated to be zł145, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10.0% per annum over the last 3 years. Earnings per share has grown by 33% per annum over the last 3 years. Price Target Changed • Feb 20
Price target increased to zł158 Up from zł141, the current price target is an average from 4 analysts. New target price is 32% above last closing price of zł120. Stock is up 25% over the past year. The company is forecast to post earnings per share of zł5.84 for next year compared to zł2.70 last year. Reported Earnings • Nov 18
Third quarter 2021 earnings released The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: zł225.1m (up 47% from 3Q 2020). Net income: zł53.4m (up 113% from 3Q 2020). Profit margin: 24% (up from 16% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth. Price Target Changed • Sep 08
Price target increased to zł129 Up from zł114, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of zł135. Stock is up 93% over the past year.