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	zł1,414.50	9.2%	84.9%	zł60.2b	zł1,112.66	2.7	10.1%	0%	Banks
XTB	zł110.00	2.6%	49.1%	zł12.9b	zł84.35	13.1	-7.6%	3.7%	Diversified Financials
KER	zł19.28	-0.5%	17.4%	zł5.7b	n/a	6.7	n/a	0%	Food, Beverage & Tobacco
GPW	zł86.55	4.5%	72.1%	zł3.6b	zł73.37	17.0	2.8%	3.9%	Diversified Financials
NEU	zł720.00	0.6%	4.3%	zł3.2b	zł924.64	18.5	16.3%	2.5%	Healthcare
LBW	zł14.65	10.9%	54.7%	zł2.2b	n/a	17.5	n/a	n/a	Capital Goods
ABE New	zł136.00	-7.7%	44.4%	zł2.1b	zł142.37	10.3	1.6%	4.7%	Tech
SGN New	zł75.20	-3.1%	-27.0%	zł1.7b	n/a	19.9	n/a	n/a	Software
SEL	zł46.00	-3.8%	23.3%	zł995.4m	n/a	8.5	5.3%	5.4%	Materials
WWL	zł756.00	1.6%	16.3%	zł976.6m	n/a	10.9	n/a	4.6%	Food, Beverage & Tobacco
QRS	zł11.80	-3.0%	16.3%	zł596.7m	n/a	8.9	n/a	0%	Diversified Financials
CFI	zł0.13	-4.4%	-22.5%	zł360.4m	n/a	16.9	n/a	n/a	Real Estate Management and Development
HEL	zł51.20	0.4%	94.7%	zł229.5m	n/a	9.1	n/a	n/a	Food, Beverage & Tobacco
ALL	zł16.72	2.0%	-10.2%	zł206.6m	n/a	6.9	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	zł11.50	0.4%	25.0%	zł76.5m	n/a	6.7	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	zł2.43	-1.2%	-6.5%	zł33.4m	n/a	10.6	n/a	n/a	Diversified Financials
TLG	zł0.47	0.9%	17.9%	zł16.5m	n/a	19.8	n/a	n/a	Telecom
PNT	zł13.20	0%	5.2%	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