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	zł1,457.00	12.6%	94.0%	zł60.2b	zł1,112.66	2.8	10.1%	0%	Banks
XTB	zł108.92	-0.1%	45.8%	zł12.7b	zł84.35	13.0	-7.6%	3.7%	Diversified Financials
KER	zł19.46	1.4%	19.4%	zł5.7b	n/a	6.8	n/a	0%	Food, Beverage & Tobacco
GPW	zł86.85	4.3%	70.3%	zł3.7b	zł73.37	17.0	2.8%	3.9%	Diversified Financials
NEU	zł730.00	2.5%	6.0%	zł3.2b	zł924.64	18.7	16.3%	2.4%	Healthcare
ABS New	zł88.20	-3.1%	6.5%	zł2.9b	zł74.00	19.6	9.7%	3.7%	Software
ABE New	zł134.80	-6.0%	42.8%	zł2.1b	zł142.37	10.2	1.6%	4.8%	Tech
LBW	zł13.11	-6.2%	41.7%	zł2.0b	n/a	15.6	n/a	n/a	Capital Goods
SEL	zł48.20	1.9%	29.6%	zł984.6m	n/a	8.9	5.3%	5.2%	Materials
WWL	zł728.00	-1.4%	10.6%	zł940.5m	n/a	10.5	n/a	4.8%	Food, Beverage & Tobacco
QRS	zł11.82	-0.7%	15.9%	zł594.7m	n/a	8.9	n/a	0%	Diversified Financials
CFI	zł0.13	-7.3%	-24.9%	zł352.1m	n/a	16.4	n/a	n/a	Real Estate Management and Development
HEL	zł50.00	0%	92.3%	zł224.1m	n/a	8.9	n/a	n/a	Food, Beverage & Tobacco
ALL	zł16.78	0.8%	-10.2%	zł208.8m	n/a	7.0	n/a	0%	Software
CTS	zł6.30	-1.6%	-3.1%	zł205.5m	n/a	5.0	n/a	11.4%	Commercial Services
MFO	zł29.40	2.8%	-19.7%	zł185.0m	n/a	19.3	n/a	0%	Materials
RND	zł74.20	-0.5%	-30.0%	zł78.2m	n/a	9.9	n/a	18.2%	Media
SEK	zł11.80	3.5%	28.3%	zł77.1m	n/a	6.9	n/a	6.3%	Food, Beverage & Tobacco
INT	zł7.70	0.7%	3.4%	zł60.6m	n/a	6.8	n/a	6.6%	Capital Goods
06N New	zł2.47	0.8%	-5.4%	zł32.8m	n/a	10.8	n/a	n/a	Diversified Financials
TLG	zł0.44	-4.7%	11.3%	zł15.6m	n/a	18.7	n/a	n/a	Telecom
PNT	zł13.10	0%	8.3%	zł14.7m	n/a	3.0	n/a	n/a	Software
EXA	zł3.46	6.1%	1.2%	zł7.8m	n/a	6.7	n/a	0%	Media

Strong Past Earnings Growth, P/E Ratio Below 20