A list of companies that grew earnings by 20% and are trading on less than 20 times earnings. All with a debt to equity ratio below 1.

Analysts Target

Company	Last Price	7D Return	1Y Return	Market Cap	Analysts Target	Valuation	Growth	Div Yield	Industry
MBK	zł1,415.50	9.3%	85.0%	zł60.2b	zł1,112.66	2.7	10.1%	0%	Banks
XTB	zł108.16	0.8%	46.6%	zł12.9b	zł84.35	12.9	-7.6%	3.8%	Diversified Financials
KER	zł19.44	0.3%	18.4%	zł5.7b	n/a	6.8	n/a	0%	Food, Beverage & Tobacco
GPW	zł87.70	5.9%	74.4%	zł3.6b	zł73.37	17.2	2.8%	3.9%	Diversified Financials
NEU	zł716.00	0%	3.8%	zł3.2b	zł924.64	18.4	16.3%	2.5%	Healthcare
ABS New	zł87.00	-4.4%	3.6%	zł3.0b	zł74.00	19.4	9.7%	3.8%	Software
LBW	zł13.25	0.3%	39.9%	zł2.2b	n/a	15.8	n/a	n/a	Capital Goods
ABE New	zł133.20	-9.6%	41.4%	zł2.1b	zł142.37	10.0	1.6%	4.8%	Tech
SEL	zł45.50	-4.8%	22.0%	zł995.4m	n/a	8.4	5.3%	5.5%	Materials
WWL	zł728.00	-2.2%	12.0%	zł976.6m	n/a	10.5	n/a	4.8%	Food, Beverage & Tobacco
QRS	zł11.76	-3.3%	15.9%	zł596.7m	n/a	8.9	n/a	0%	Diversified Financials
CFI	zł0.13	-6.6%	-24.3%	zł360.4m	n/a	16.5	n/a	n/a	Real Estate Management and Development
HEL	zł50.00	-2.0%	90.1%	zł229.5m	n/a	8.9	n/a	n/a	Food, Beverage & Tobacco
ALL	zł16.90	3.0%	-9.2%	zł206.6m	n/a	7.0	n/a	0%	Software
CTS	zł6.50	1.6%	0%	zł205.5m	n/a	5.1	n/a	11.1%	Commercial Services
MFO	zł28.00	-4.4%	-23.9%	zł185.0m	n/a	18.4	n/a	0%	Materials
RND	zł72.60	-3.2%	-31.5%	zł78.2m	n/a	9.6	n/a	18.6%	Media
SEK	zł11.60	1.3%	26.1%	zł76.5m	n/a	6.8	n/a	6.4%	Food, Beverage & Tobacco
INT	zł7.70	-3.1%	3.4%	zł60.6m	n/a	6.8	n/a	6.6%	Capital Goods
06N New	zł2.39	-2.8%	-8.1%	zł33.4m	n/a	10.5	n/a	n/a	Diversified Financials
TLG	zł0.44	-4.7%	11.3%	zł16.5m	n/a	18.7	n/a	n/a	Telecom
PNT	zł13.10	-0.8%	4.4%	zł14.8m	n/a	3.0	n/a	n/a	Software
EXA	zł3.46	8.1%	1.2%	zł7.8m	n/a	6.7	n/a	0%	Media

Strong Past Earnings Growth, P/E Ratio Below 20