View ValuationVercom 将来の成長Future 基準チェック /56Vercom利益と収益がそれぞれ年間21%と12.4%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に29.7% 21.9%なると予測されています。主要情報21.0%収益成長率21.91%EPS成長率Software 収益成長16.0%収益成長率12.4%将来の株主資本利益率29.65%アナリストカバレッジLow最終更新日27 Apr 2026今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesお知らせ • Apr 23Vercom S.A., Annual General Meeting, May 18, 2026Vercom S.A., Annual General Meeting, May 18, 2026, at 14:00 Central European Standard Time.お知らせ • Nov 06Vercom S.A. to Report Q3, 2025 Results on Nov 05, 2025Vercom S.A. announced that they will report Q3, 2025 results on Nov 05, 2025お知らせ • Aug 21Vercom S.A. to Report First Half, 2025 Results on Sep 02, 2025Vercom S.A. announced that they will report first half, 2025 results on Sep 02, 2025お知らせ • Apr 11Vercom S.A. announces Annual dividend, payable on May 22, 2025Vercom S.A. announced Annual dividend of PLN 2.0300 per share payable on May 22, 2025, ex-date on May 19, 2025 and record date on May 20, 2025.お知らせ • Apr 10Vercom S.A., Annual General Meeting, May 07, 2025Vercom S.A., Annual General Meeting, May 07, 2025.Buy Or Sell Opportunity • Nov 04Now 21% undervaluedOver the last 90 days, the stock has risen 3.2% to €25.80. The fair value is estimated to be €32.47, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last 3 years. Earnings per share has grown by 39%. Revenue is forecast to grow by 29% in 2 years. Earnings are forecast to grow by 37% in the next 2 years.Buy Or Sell Opportunity • Oct 10Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 11% to €25.80. The fair value is estimated to be €32.30, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last 3 years. Earnings per share has grown by 39%. Revenue is forecast to grow by 29% in 2 years. Earnings are forecast to grow by 37% in the next 2 years.Buy Or Sell Opportunity • Sep 24Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 17% to €25.50. The fair value is estimated to be €32.42, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last 3 years. Earnings per share has grown by 39%. Revenue is forecast to grow by 29% in 2 years. Earnings are forecast to grow by 37% in the next 2 years.Reported Earnings • Sep 04Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: zł115.9m (up 43% from 2Q 2023). Net income: zł18.2m (up 3.8% from 2Q 2023). Profit margin: 16% (down from 22% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Germany.New Risk • Aug 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.7% 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. This is currently the only risk that has been identified for the company.Buy Or Sell Opportunity • Jul 01Now 25% undervaluedOver the last 90 days, the stock has risen 11% to €30.30. The fair value is estimated to be €40.53, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last 3 years. Earnings per share has grown by 33%. Revenue is forecast to grow by 53% in 2 years. Earnings are forecast to grow by 43% in the next 2 years.Buy Or Sell Opportunity • Jun 28Now 21% undervaluedOver the last 90 days, the stock has risen 12% to €30.00. The fair value is estimated to be €37.80, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last 3 years. Earnings per share has grown by 33%. Revenue is forecast to grow by 53% in 2 years. Earnings are forecast to grow by 43% in the next 2 years.Buy Or Sell Opportunity • Jun 11Now 21% undervaluedOver the last 90 days, the stock has risen 16% to €30.60. The fair value is estimated to be €38.76, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last 3 years. Earnings per share has grown by 28%. Revenue is forecast to grow by 56% in 2 years. Earnings are forecast to grow by 43% in the next 2 years.Reported Earnings • May 22First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: zł104.6m (up 40% from 1Q 2023). Net income: zł16.5m (up 73% from 1Q 2023). Profit margin: 16% (up from 13% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Software industry in Germany.Upcoming Dividend • May 21Upcoming dividend of zł1.60 per shareEligible shareholders must have bought the stock before 28 May 2024. Payment date: 31 May 2024. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (4.6%). In line with average of industry peers (1.2%).お知らせ • Apr 24Vercom S.A., Annual General Meeting, May 16, 2024Vercom S.A., Annual General Meeting, May 16, 2024, at 10:00 Central European Standard Time.New Risk • Apr 11New minor risk - Earnings qualityThe 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. This is currently the only risk that has been identified for the company.Reported Earnings • Apr 01Full year 2023 earnings released: EPS: zł3.18 (vs zł1.54 in FY 2022)Full year 2023 results: EPS: zł3.18 (up from zł1.54 in FY 2022). Revenue: zł337.4m (up 30% from FY 2022). Net income: zł70.4m (up 124% from FY 2022). Profit margin: 21% (up from 12% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Software industry in Germany.Valuation Update With 7 Day Price Move • Mar 05Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €24.70, the stock trades at a trailing P/E ratio of 42.9x. Average forward P/E is 18x in the Software industry in Germany. Total returns to shareholders of 169% over the past year.お知らせ • Jan 26+ 3 more updatesVercom S.A. to Report Fiscal Year 2023 Results on Mar 26, 2024Vercom S.A. announced that they will report fiscal year 2023 results on Mar 26, 2024Reported Earnings • Nov 17Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: zł84.9m (up 12% from 3Q 2022). Net income: zł12.7m (up 194% from 3Q 2022). Profit margin: 15% (up from 5.7% in 3Q 2022).お知らせ • Nov 03Positive Group agreed to acquire 30.3% stake in User.com SP Z O.O from Vercom S.A. (WSE:VRC) for €5.06 million.Positive Group agreed to acquire 30.3% stake in User.com SP Z O.O from Vercom S.A. (WSE:VRC) for €5.06 million on October 31, 2023. In this transaction, Positive will acquire 40 shares of User.com SP from Vercom. Proceeds from the sale will be used for further development of Vercom.Buying Opportunity • Sep 28Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be €17.06, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 54% over the last year. Earnings per share has grown by 73%.Reported Earnings • Sep 08Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: zł81.1m (up 52% from 2Q 2022). Net income: zł17.6m (up 264% from 2Q 2022). Profit margin: 22% (up from 9.0% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Software industry in Germany.Buying Opportunity • Aug 25Now 21% undervaluedOver the last 90 days, the stock is up 13%. The fair value is estimated to be €18.60, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 50% over the last year. Earnings per share has grown by 20%.業績と収益の成長予測DB:14W - アナリストの将来予測と過去の財務データ ( )PLN Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/2028717174167198312/31/2027625148143171412/31/2026554121120147412/31/202547190102118N/A9/30/20254728798113N/A6/30/20255018795109N/A3/31/20255028394107N/A12/31/202449677101112N/A9/30/20244628491101N/A6/30/2024402788797N/A3/31/2024367778391N/A12/31/2023337707685N/A9/30/2023322566573N/A6/30/2023313476370N/A3/31/2023286345361N/A12/31/2022260314552N/A9/30/2022235223845N/A6/30/2022204232734N/A3/31/2022190242430N/A12/31/2021179232631N/A9/30/2021166222427N/A6/30/2021144221820N/A3/31/2021132212628N/A12/31/2020117192325N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 14Wの予測収益成長率 (年間21% ) は 貯蓄率 ( 1.9% ) を上回っています。収益対市場: 14Wの収益 ( 21% ) はGerman市場 ( 16.9% ) よりも速いペースで成長すると予測されています。高成長収益: 14Wの収益は今後 3 年間で 大幅に 増加すると予想されています。収益対市場: 14Wの収益 ( 12.4% ) German市場 ( 6.5% ) よりも速いペースで成長すると予測されています。高い収益成長: 14Wの収益 ( 12.4% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 14Wの 自己資本利益率 は、3年後には高くなると予測されています ( 29.7 %)成長企業の発掘7D1Y7D1Y7D1YSoftware 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/11 08:13終値2026/05/11 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Vercom S.A. 4 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。12 アナリスト機関Beata Szparaga-WasniewskaBiuro maklerskie mBankuKamil KliszczBiuro maklerskie mBankuPawel SzpigielBiuro maklerskie mBanku9 その他のアナリストを表示
お知らせ • Apr 23Vercom S.A., Annual General Meeting, May 18, 2026Vercom S.A., Annual General Meeting, May 18, 2026, at 14:00 Central European Standard Time.
お知らせ • Nov 06Vercom S.A. to Report Q3, 2025 Results on Nov 05, 2025Vercom S.A. announced that they will report Q3, 2025 results on Nov 05, 2025
お知らせ • Aug 21Vercom S.A. to Report First Half, 2025 Results on Sep 02, 2025Vercom S.A. announced that they will report first half, 2025 results on Sep 02, 2025
お知らせ • Apr 11Vercom S.A. announces Annual dividend, payable on May 22, 2025Vercom S.A. announced Annual dividend of PLN 2.0300 per share payable on May 22, 2025, ex-date on May 19, 2025 and record date on May 20, 2025.
お知らせ • Apr 10Vercom S.A., Annual General Meeting, May 07, 2025Vercom S.A., Annual General Meeting, May 07, 2025.
Buy Or Sell Opportunity • Nov 04Now 21% undervaluedOver the last 90 days, the stock has risen 3.2% to €25.80. The fair value is estimated to be €32.47, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last 3 years. Earnings per share has grown by 39%. Revenue is forecast to grow by 29% in 2 years. Earnings are forecast to grow by 37% in the next 2 years.
Buy Or Sell Opportunity • Oct 10Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 11% to €25.80. The fair value is estimated to be €32.30, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last 3 years. Earnings per share has grown by 39%. Revenue is forecast to grow by 29% in 2 years. Earnings are forecast to grow by 37% in the next 2 years.
Buy Or Sell Opportunity • Sep 24Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 17% to €25.50. The fair value is estimated to be €32.42, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last 3 years. Earnings per share has grown by 39%. Revenue is forecast to grow by 29% in 2 years. Earnings are forecast to grow by 37% in the next 2 years.
Reported Earnings • Sep 04Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: zł115.9m (up 43% from 2Q 2023). Net income: zł18.2m (up 3.8% from 2Q 2023). Profit margin: 16% (down from 22% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Germany.
New Risk • Aug 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.7% 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. This is currently the only risk that has been identified for the company.
Buy Or Sell Opportunity • Jul 01Now 25% undervaluedOver the last 90 days, the stock has risen 11% to €30.30. The fair value is estimated to be €40.53, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last 3 years. Earnings per share has grown by 33%. Revenue is forecast to grow by 53% in 2 years. Earnings are forecast to grow by 43% in the next 2 years.
Buy Or Sell Opportunity • Jun 28Now 21% undervaluedOver the last 90 days, the stock has risen 12% to €30.00. The fair value is estimated to be €37.80, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last 3 years. Earnings per share has grown by 33%. Revenue is forecast to grow by 53% in 2 years. Earnings are forecast to grow by 43% in the next 2 years.
Buy Or Sell Opportunity • Jun 11Now 21% undervaluedOver the last 90 days, the stock has risen 16% to €30.60. The fair value is estimated to be €38.76, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last 3 years. Earnings per share has grown by 28%. Revenue is forecast to grow by 56% in 2 years. Earnings are forecast to grow by 43% in the next 2 years.
Reported Earnings • May 22First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: zł104.6m (up 40% from 1Q 2023). Net income: zł16.5m (up 73% from 1Q 2023). Profit margin: 16% (up from 13% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Software industry in Germany.
Upcoming Dividend • May 21Upcoming dividend of zł1.60 per shareEligible shareholders must have bought the stock before 28 May 2024. Payment date: 31 May 2024. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (4.6%). In line with average of industry peers (1.2%).
お知らせ • Apr 24Vercom S.A., Annual General Meeting, May 16, 2024Vercom S.A., Annual General Meeting, May 16, 2024, at 10:00 Central European Standard Time.
New Risk • Apr 11New minor risk - Earnings qualityThe 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. This is currently the only risk that has been identified for the company.
Reported Earnings • Apr 01Full year 2023 earnings released: EPS: zł3.18 (vs zł1.54 in FY 2022)Full year 2023 results: EPS: zł3.18 (up from zł1.54 in FY 2022). Revenue: zł337.4m (up 30% from FY 2022). Net income: zł70.4m (up 124% from FY 2022). Profit margin: 21% (up from 12% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Software industry in Germany.
Valuation Update With 7 Day Price Move • Mar 05Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €24.70, the stock trades at a trailing P/E ratio of 42.9x. Average forward P/E is 18x in the Software industry in Germany. Total returns to shareholders of 169% over the past year.
お知らせ • Jan 26+ 3 more updatesVercom S.A. to Report Fiscal Year 2023 Results on Mar 26, 2024Vercom S.A. announced that they will report fiscal year 2023 results on Mar 26, 2024
Reported Earnings • Nov 17Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: zł84.9m (up 12% from 3Q 2022). Net income: zł12.7m (up 194% from 3Q 2022). Profit margin: 15% (up from 5.7% in 3Q 2022).
お知らせ • Nov 03Positive Group agreed to acquire 30.3% stake in User.com SP Z O.O from Vercom S.A. (WSE:VRC) for €5.06 million.Positive Group agreed to acquire 30.3% stake in User.com SP Z O.O from Vercom S.A. (WSE:VRC) for €5.06 million on October 31, 2023. In this transaction, Positive will acquire 40 shares of User.com SP from Vercom. Proceeds from the sale will be used for further development of Vercom.
Buying Opportunity • Sep 28Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be €17.06, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 54% over the last year. Earnings per share has grown by 73%.
Reported Earnings • Sep 08Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: zł81.1m (up 52% from 2Q 2022). Net income: zł17.6m (up 264% from 2Q 2022). Profit margin: 22% (up from 9.0% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Software industry in Germany.
Buying Opportunity • Aug 25Now 21% undervaluedOver the last 90 days, the stock is up 13%. The fair value is estimated to be €18.60, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 50% over the last year. Earnings per share has grown by 20%.