View Future GrowthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsComarch 過去の業績過去 基準チェック /16Comarchの収益は年間平均-4%の割合で減少していますが、 IT業界の収益は年間 増加しています。収益は年間7.1% 6.1%割合で 増加しています。 Comarchの自己資本利益率は4.8%であり、純利益率は3.5%です。主要情報-4.01%収益成長率-4.01%EPS成長率IT 業界の成長13.97%収益成長率6.06%株主資本利益率4.80%ネット・マージン3.46%次回の業績アップデート28 Feb 2025最近の業績更新お知らせ • Jan 20+ 4 more updatesComarch S.A. to Report Q4, 2024 Results on Feb 28, 2025Comarch S.A. announced that they will report Q4, 2024 results on Feb 28, 2025Reported Earnings • May 27First quarter 2024 earnings released: EPS: zł2.70 (vs zł2.84 in 1Q 2023)First quarter 2024 results: EPS: zł2.70 (down from zł2.84 in 1Q 2023). Revenue: zł434.7m (up 1.7% from 1Q 2023). Net income: zł22.0m (down 4.7% from 1Q 2023). Profit margin: 5.1% (down from 5.4% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Reported Earnings • Mar 03Full year 2023 earnings released: EPS: zł12.88 (vs zł13.26 in FY 2022)Full year 2023 results: EPS: zł12.88 (down from zł13.26 in FY 2022). Revenue: zł1.82b (down 2.3% from FY 2022). Net income: zł104.8m (down 2.8% from FY 2022). Profit margin: 5.8% (in line with FY 2022). Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the IT industry in Germany.お知らせ • Jan 12Comarch S.A. to Report Q4, 2023 Results on Feb 09, 2024Comarch S.A. announced that they will report Q4, 2023 results on Feb 09, 2024お知らせ • Jan 10+ 4 more updatesComarch S.A. to Report Q3, 2024 Results on Nov 22, 2024Comarch S.A. announced that they will report Q3, 2024 results on Nov 22, 2024Reported Earnings • Nov 21Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: zł453.4m (down 3.8% from 3Q 2022). Net income: zł32.4m (up 16% from 3Q 2022). Profit margin: 7.2% (up from 5.9% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the IT industry in Germany.すべての更新を表示Recent updatesお知らせ • Jan 20+ 4 more updatesComarch S.A. to Report Q4, 2024 Results on Feb 28, 2025Comarch S.A. announced that they will report Q4, 2024 results on Feb 28, 2025お知らせ • Oct 25Comarch S.A.(WSE:CMR) dropped from S&P Global BMI IndexComarch S.A.(WSE:CMR) dropped from S&P Global BMI Indexお知らせ • Aug 15Comarch on A Path to Get DelistedThe Filipiak family, together with CVC Capital Partners Fund IX and Anna Prokop have launched a tender offer for 5,266,072 shares of Comarch S.A., a provider of innovative IT products for multiple industries, carrying rights to 34.81% of votes, at PLN 315.40 per share. The acquirer of the shares will be Chamonix Investments Poland controlled by CVC Capital Partners Fund IX, with subscriptions commencing on 13 August 2024 and ending on 21 October 2024. The tender offer is intended to acquire all outstanding ordinary shares in the company with a view to delisting Comarch from the Warsaw Stock Exchange (GPW).お知らせ • Jul 17Aspa sp. z o.o. and Chamonix Investments S.à r.l signed a transaction agreement to acquire an 64.74% stake in Comarch S.A. (WSE:CMR) from group of shareholders for PLN 1.67 billion.Aspa sp. z o.o. and Chamonix Investments S.à r.l signed a transaction agreement to acquire an 64.74% stake in Comarch S.A. (WSE:CMR) from group of shareholders for PLN 1.67 billion on July 16, 2024. Comarch's group of shareholders and CVC Capital Partners intend to launch a tender offer for 5,266,072 Comarch shares at PLN 315.4. The bidders, acting in an agreement, hold a total of 2,867,277 shares in the company entitling them to exercise a total of 9,860,877 votes, representing a total of 35.25% of the share capital and 65.19% of the total number of votes in the company. The purpose of the transaction is for the bidders to achieve 100% of the total voting rights in the company in order to delist its shares from the regulated market and enable its further development as a private company. Elzbieta Filipiak, head of the supervisory board, assessed that the CVC Capital Partners fund is the right partner who is ready to support the company's further international development. The Transaction Agreement also regulates certain actions of its parties in relation to extraordinary events or circumstances concerning the Company which, if they occurred, could undermine the economic rationale of the Transaction.お知らせ • May 31Comarch S.A., Annual General Meeting, Jun 26, 2024Comarch S.A., Annual General Meeting, Jun 26, 2024.Declared Dividend • May 31Dividend of zł5.00 announcedShareholders will receive a dividend of zł5.00. Ex-date: 2nd July 2024 Payment date: 12th July 2024 Dividend yield will be 8.5%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 24% over the next year, which should provide support to the dividend and adequate earnings cover.お知らせ • May 30Comarch IT to Pay Dividend on July 12, 2024Comarch's supervisory board has given a positive opinion on the management board's proposal to earmark PLN 40.67 million (EUR 9.6 million) from the profit generated in 2023 for dividends, which translates into PLN 5 (EUR 1.18) per share. The proposed dividend date is July 3, and the dividend is to be paid on July 12, 2024.Reported Earnings • May 27First quarter 2024 earnings released: EPS: zł2.70 (vs zł2.84 in 1Q 2023)First quarter 2024 results: EPS: zł2.70 (down from zł2.84 in 1Q 2023). Revenue: zł434.7m (up 1.7% from 1Q 2023). Net income: zł22.0m (down 4.7% from 1Q 2023). Profit margin: 5.1% (down from 5.4% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Reported Earnings • Mar 03Full year 2023 earnings released: EPS: zł12.88 (vs zł13.26 in FY 2022)Full year 2023 results: EPS: zł12.88 (down from zł13.26 in FY 2022). Revenue: zł1.82b (down 2.3% from FY 2022). Net income: zł104.8m (down 2.8% from FY 2022). Profit margin: 5.8% (in line with FY 2022). Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the IT industry in Germany.お知らせ • Jan 12Comarch S.A. to Report Q4, 2023 Results on Feb 09, 2024Comarch S.A. announced that they will report Q4, 2023 results on Feb 09, 2024お知らせ • Jan 10+ 4 more updatesComarch S.A. to Report Q3, 2024 Results on Nov 22, 2024Comarch S.A. announced that they will report Q3, 2024 results on Nov 22, 2024お知らせ • Jan 06Comarch Announces Management ChangesComarch announced that the extraordinary general meeting has appointed Anna Pruska to the position of President of the Management Board, with Marcin Warwas and Marcin Kaleta appointed as Vice-Presidents. The changes in the composition of Comarch's Management Board took place following the death of former CEO Janusz Filipiak, who was Pruska's father. Pruska has been involved with Comarch since 2004. In 2013 she joined the company's Supervisory Board while in October 2023 she was entrusted by the Board to act as CEO. By education, Pruska is an economist and she holds a PhD in international relations.お知らせ • Jan 04Comarch Announces Board AppointmentsComarch appointed Anna Pruska as chairwoman of the board. Marcin Warwas and Marcin Kaleta have been appointed as deputy chairman of the board. Ms. Anna Pruska, Mr. Marcin Warwas and Mr. Marcin Kaleta have been appointed to serve as members of Comarch's management board until the end of the current term of the board.Valuation Update With 7 Day Price Move • Dec 19Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €48.30, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 18x in the IT industry in Germany. Total returns to shareholders of 36% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €36.44 per share.Reported Earnings • Nov 21Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: zł453.4m (down 3.8% from 3Q 2022). Net income: zł32.4m (up 16% from 3Q 2022). Profit margin: 7.2% (up from 5.9% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the IT industry in Germany.New Risk • Oct 05New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.9% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.9% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Buying Opportunity • Sep 05Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 7.4%. The fair value is estimated to be €38.58, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.5% over the last 3 years. Earnings per share has declined by 3.7%. Revenue is forecast to grow by 13% in 2 years. Earnings is forecast to grow by 46% in the next 2 years.Reported Earnings • Sep 03Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: zł289.9m (down 32% from 2Q 2022). Net income: zł11.4m (down 7.9% from 2Q 2022). Profit margin: 3.9% (up from 2.9% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the IT industry in Germany.Upcoming Dividend • Jun 30Upcoming dividend of zł4.00 per share at 2.7% yieldEligible shareholders must have bought the stock before 07 July 2023. Payment date: 19 July 2023. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.3%).お知らせ • Jun 29Comarch Approves Dividend for 2022Comarch shareholders approved a PLN 32.5 million dividend payout from 2022 profit or PLN 4.0 DPS.お知らせ • May 30Comarch S.A., Annual General Meeting, Jun 28, 2023Comarch S.A., Annual General Meeting, Jun 28, 2023, at 11:00 Central European Standard Time. Location: at 33 prof. Michal Zyczkowski Street Krakow Poland Agenda: To consider opening of the General Meeting; to consider election of the Chairman of the Meeting; to consider election of the Returns Committee; to consider adoption of the agenda of the Meeting; to consider presentation of the Chairman of the Supervisory Board of the Company; to consider speech of the President of the company’s Management Board; to consider reports of the Company's authorities and the financial statements of the Company and the consolidated financial statements of the Comarch Capital Group for the financial year 01.01.2022 – 31.12.2022; and to consider any other matters.Reported Earnings • May 24First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: zł427.6m (up 2.7% from 1Q 2022). Net income: zł23.1m (down 29% from 1Q 2022). Profit margin: 5.4% (down from 7.8% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the IT industry in Germany.Reported Earnings • Mar 04Full year 2022 earnings released: EPS: zł13.42 (vs zł14.82 in FY 2021)Full year 2022 results: EPS: zł13.42 (down from zł14.82 in FY 2021). Revenue: zł1.86b (up 14% from FY 2021). Net income: zł109.1m (down 9.5% from FY 2021). Profit margin: 5.9% (down from 7.4% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the IT industry in Germany.お知らせ • Jan 03+ 5 more updatesComarch S.A. to Report Fiscal Year 2022 Final Results on Apr 28, 2023Comarch S.A. announced that they will report fiscal year 2022 final results at 11:30 AM, Central European Standard Time on Apr 28, 2023Valuation Update With 7 Day Price Move • Dec 06Investor sentiment improved over the past weekAfter last week's 16% share price gain to €37.50, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 18x in the IT industry in Germany. Total loss to shareholders of 15% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €45.54 per share.Reported Earnings • Nov 19Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: zł471.1m (up 22% from 3Q 2021). Net income: zł27.9m (down 7.9% from 3Q 2021). Profit margin: 5.9% (down from 7.9% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 11% growth forecast for the IT industry in Germany.Reported Earnings • Sep 02Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: zł426.3m (up 26% from 2Q 2021). Net income: zł12.4m (down 57% from 2Q 2021). Profit margin: 2.9% (down from 8.4% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 6.3%, compared to a 13% growth forecast for the IT industry in Germany.Upcoming Dividend • Jul 01Upcoming dividend of zł4.00 per shareEligible shareholders must have bought the stock before 08 July 2022. Payment date: 20 July 2022. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (4.5%). Higher than average of industry peers (1.6%).お知らせ • Jun 02Comarch S.A., Annual General Meeting, Jun 28, 2022Comarch S.A., Annual General Meeting, Jun 28, 2022.Reported Earnings • May 22First quarter 2022 earnings releasedFirst quarter 2022 results: Revenue: zł416.3m (up 8.4% from 1Q 2021). Net income: zł32.4m (up 24% from 1Q 2021). Profit margin: 7.8% (up from 6.8% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 5.2%, compared to a 23% growth forecast for the industry in Germany.Reported Earnings • Mar 03Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: zł14.82 (up from zł14.60 in FY 2020). Revenue: zł1.62b (up 5.7% from FY 2020). Net income: zł120.5m (up 1.5% from FY 2020). Profit margin: 7.4% (down from 7.7% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.8%. Over the next year, revenue is forecast to grow 1.4%, compared to a 16% growth forecast for the industry in Germany.Reported Earnings • Nov 19Third quarter 2021 earnings releasedThe company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: zł385.9m (up 9.1% from 3Q 2020). Net income: zł30.3m (down 6.6% from 3Q 2020). Profit margin: 7.9% (down from 9.2% in 3Q 2020). The decrease in margin was driven by higher expenses.Reported Earnings • Sep 05Second quarter 2021 earnings releasedThe company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: zł337.4m (up 1.9% from 2Q 2020). Net income: zł28.5m (up 40% from 2Q 2020). Profit margin: 8.4% (up from 6.1% in 2Q 2020).Valuation Update With 7 Day Price Move • Jul 27Investor sentiment improved over the past weekAfter last week's 17% share price gain to zł60.60, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 27x in the IT industry in Germany. Simply Wall St's valuation model estimates the intrinsic value at €53.26 per share.Reported Earnings • May 24First quarter 2021 earnings releasedThe company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: zł384.0m (up 1.6% from 1Q 2020). Net income: zł26.1m (up 84% from 1Q 2020). Profit margin: 6.8% (up from 3.8% in 1Q 2020). The increase in margin was primarily driven by higher revenue.お知らせ • May 19Comarch S.A. Proposes Dividend for the Year 2020, Payable on July 16, 2021Comarch S.A. announced that it is seeking shareholders' nod for PLN 3.0 dividend per share from part of the 2020 earnings, or PLN 24.4 million in total, the company said in draft resolutions for upcoming GM as reported in a market filing. Right would be set on July 6, 2021, and the payout made on July 16, 2021, the company proposes. Last year, the company paid out PLN 1.5 dividend per share.収支内訳Comarch の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史DB:75Y 収益、費用、利益 ( )PLN Millions日付収益収益G+A経費研究開発費30 Sep 241,84764403030 Jun 241,87274396031 Mar 241,823100372031 Dec 231,816101371030 Sep 231,821117369030 Jun 231,839113374031 Mar 231,87098370031 Dec 221,859108368030 Sep 221,834111345030 Jun 221,748113327031 Mar 221,660129311031 Dec 211,627123303030 Sep 211,582139271030 Jun 211,549141265031 Mar 211,543133268031 Dec 201,537121265030 Sep 201,479102295030 Jun 201,480112301031 Mar 201,477112308031 Dec 191,437105305030 Sep 191,44178271030 Jun 191,43253264031 Mar 191,43644251001 Jan 191,37031246030 Sep 181,30360239030 Jun 181,22242230031 Mar 181,14140230031 Dec 171,12565233030 Sep 171,14479268030 Jun 171,10487268031 Mar 171,12584270031 Dec 161,11373265030 Sep 161,14365225030 Jun 161,14357230031 Mar 161,12868227031 Dec 151,13280223030 Sep 151,09369220030 Jun 151,11490207031 Mar 151,07681193031 Dec 141,03868187030 Sep 1498857174030 Jun 1497736171031 Mar 14960291720質の高い収益: 75Yは 高品質の収益 を持っています。利益率の向上: 75Yの現在の純利益率 (3.5%)は、昨年(6.4%)よりも低くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 75Yの収益は過去 5 年間で年間4%減少しました。成長の加速: 75Yは過去 1 年間の収益成長がマイナスであったため、5 年間の平均と比較することはできません。収益対業界: 75Yは過去 1 年間で収益成長率がマイナス ( -45.6% ) となったため、 IT業界平均 ( -12% ) と比較することが困難です。株主資本利益率高いROE: 75Yの 自己資本利益率 ( 4.8% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YSoftware 、過去の業績が好調な企業。View Financial Health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2025/01/23 22:14終値2025/01/15 00:00収益2024/09/30年間収益2023/12/31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Comarch S.A. 1 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。7 アナリスト機関Kamil KliszczBiuro maklerskie mBankuWitold SamborskiCitigroup IncHenning EsskuchenErste Group Bank AG4 その他のアナリストを表示
お知らせ • Jan 20+ 4 more updatesComarch S.A. to Report Q4, 2024 Results on Feb 28, 2025Comarch S.A. announced that they will report Q4, 2024 results on Feb 28, 2025
Reported Earnings • May 27First quarter 2024 earnings released: EPS: zł2.70 (vs zł2.84 in 1Q 2023)First quarter 2024 results: EPS: zł2.70 (down from zł2.84 in 1Q 2023). Revenue: zł434.7m (up 1.7% from 1Q 2023). Net income: zł22.0m (down 4.7% from 1Q 2023). Profit margin: 5.1% (down from 5.4% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Reported Earnings • Mar 03Full year 2023 earnings released: EPS: zł12.88 (vs zł13.26 in FY 2022)Full year 2023 results: EPS: zł12.88 (down from zł13.26 in FY 2022). Revenue: zł1.82b (down 2.3% from FY 2022). Net income: zł104.8m (down 2.8% from FY 2022). Profit margin: 5.8% (in line with FY 2022). Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the IT industry in Germany.
お知らせ • Jan 12Comarch S.A. to Report Q4, 2023 Results on Feb 09, 2024Comarch S.A. announced that they will report Q4, 2023 results on Feb 09, 2024
お知らせ • Jan 10+ 4 more updatesComarch S.A. to Report Q3, 2024 Results on Nov 22, 2024Comarch S.A. announced that they will report Q3, 2024 results on Nov 22, 2024
Reported Earnings • Nov 21Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: zł453.4m (down 3.8% from 3Q 2022). Net income: zł32.4m (up 16% from 3Q 2022). Profit margin: 7.2% (up from 5.9% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the IT industry in Germany.
お知らせ • Jan 20+ 4 more updatesComarch S.A. to Report Q4, 2024 Results on Feb 28, 2025Comarch S.A. announced that they will report Q4, 2024 results on Feb 28, 2025
お知らせ • Oct 25Comarch S.A.(WSE:CMR) dropped from S&P Global BMI IndexComarch S.A.(WSE:CMR) dropped from S&P Global BMI Index
お知らせ • Aug 15Comarch on A Path to Get DelistedThe Filipiak family, together with CVC Capital Partners Fund IX and Anna Prokop have launched a tender offer for 5,266,072 shares of Comarch S.A., a provider of innovative IT products for multiple industries, carrying rights to 34.81% of votes, at PLN 315.40 per share. The acquirer of the shares will be Chamonix Investments Poland controlled by CVC Capital Partners Fund IX, with subscriptions commencing on 13 August 2024 and ending on 21 October 2024. The tender offer is intended to acquire all outstanding ordinary shares in the company with a view to delisting Comarch from the Warsaw Stock Exchange (GPW).
お知らせ • Jul 17Aspa sp. z o.o. and Chamonix Investments S.à r.l signed a transaction agreement to acquire an 64.74% stake in Comarch S.A. (WSE:CMR) from group of shareholders for PLN 1.67 billion.Aspa sp. z o.o. and Chamonix Investments S.à r.l signed a transaction agreement to acquire an 64.74% stake in Comarch S.A. (WSE:CMR) from group of shareholders for PLN 1.67 billion on July 16, 2024. Comarch's group of shareholders and CVC Capital Partners intend to launch a tender offer for 5,266,072 Comarch shares at PLN 315.4. The bidders, acting in an agreement, hold a total of 2,867,277 shares in the company entitling them to exercise a total of 9,860,877 votes, representing a total of 35.25% of the share capital and 65.19% of the total number of votes in the company. The purpose of the transaction is for the bidders to achieve 100% of the total voting rights in the company in order to delist its shares from the regulated market and enable its further development as a private company. Elzbieta Filipiak, head of the supervisory board, assessed that the CVC Capital Partners fund is the right partner who is ready to support the company's further international development. The Transaction Agreement also regulates certain actions of its parties in relation to extraordinary events or circumstances concerning the Company which, if they occurred, could undermine the economic rationale of the Transaction.
お知らせ • May 31Comarch S.A., Annual General Meeting, Jun 26, 2024Comarch S.A., Annual General Meeting, Jun 26, 2024.
Declared Dividend • May 31Dividend of zł5.00 announcedShareholders will receive a dividend of zł5.00. Ex-date: 2nd July 2024 Payment date: 12th July 2024 Dividend yield will be 8.5%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 24% over the next year, which should provide support to the dividend and adequate earnings cover.
お知らせ • May 30Comarch IT to Pay Dividend on July 12, 2024Comarch's supervisory board has given a positive opinion on the management board's proposal to earmark PLN 40.67 million (EUR 9.6 million) from the profit generated in 2023 for dividends, which translates into PLN 5 (EUR 1.18) per share. The proposed dividend date is July 3, and the dividend is to be paid on July 12, 2024.
Reported Earnings • May 27First quarter 2024 earnings released: EPS: zł2.70 (vs zł2.84 in 1Q 2023)First quarter 2024 results: EPS: zł2.70 (down from zł2.84 in 1Q 2023). Revenue: zł434.7m (up 1.7% from 1Q 2023). Net income: zł22.0m (down 4.7% from 1Q 2023). Profit margin: 5.1% (down from 5.4% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Reported Earnings • Mar 03Full year 2023 earnings released: EPS: zł12.88 (vs zł13.26 in FY 2022)Full year 2023 results: EPS: zł12.88 (down from zł13.26 in FY 2022). Revenue: zł1.82b (down 2.3% from FY 2022). Net income: zł104.8m (down 2.8% from FY 2022). Profit margin: 5.8% (in line with FY 2022). Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the IT industry in Germany.
お知らせ • Jan 12Comarch S.A. to Report Q4, 2023 Results on Feb 09, 2024Comarch S.A. announced that they will report Q4, 2023 results on Feb 09, 2024
お知らせ • Jan 10+ 4 more updatesComarch S.A. to Report Q3, 2024 Results on Nov 22, 2024Comarch S.A. announced that they will report Q3, 2024 results on Nov 22, 2024
お知らせ • Jan 06Comarch Announces Management ChangesComarch announced that the extraordinary general meeting has appointed Anna Pruska to the position of President of the Management Board, with Marcin Warwas and Marcin Kaleta appointed as Vice-Presidents. The changes in the composition of Comarch's Management Board took place following the death of former CEO Janusz Filipiak, who was Pruska's father. Pruska has been involved with Comarch since 2004. In 2013 she joined the company's Supervisory Board while in October 2023 she was entrusted by the Board to act as CEO. By education, Pruska is an economist and she holds a PhD in international relations.
お知らせ • Jan 04Comarch Announces Board AppointmentsComarch appointed Anna Pruska as chairwoman of the board. Marcin Warwas and Marcin Kaleta have been appointed as deputy chairman of the board. Ms. Anna Pruska, Mr. Marcin Warwas and Mr. Marcin Kaleta have been appointed to serve as members of Comarch's management board until the end of the current term of the board.
Valuation Update With 7 Day Price Move • Dec 19Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €48.30, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 18x in the IT industry in Germany. Total returns to shareholders of 36% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €36.44 per share.
Reported Earnings • Nov 21Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: zł453.4m (down 3.8% from 3Q 2022). Net income: zł32.4m (up 16% from 3Q 2022). Profit margin: 7.2% (up from 5.9% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the IT industry in Germany.
New Risk • Oct 05New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.9% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.9% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Buying Opportunity • Sep 05Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 7.4%. The fair value is estimated to be €38.58, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.5% over the last 3 years. Earnings per share has declined by 3.7%. Revenue is forecast to grow by 13% in 2 years. Earnings is forecast to grow by 46% in the next 2 years.
Reported Earnings • Sep 03Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: zł289.9m (down 32% from 2Q 2022). Net income: zł11.4m (down 7.9% from 2Q 2022). Profit margin: 3.9% (up from 2.9% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the IT industry in Germany.
Upcoming Dividend • Jun 30Upcoming dividend of zł4.00 per share at 2.7% yieldEligible shareholders must have bought the stock before 07 July 2023. Payment date: 19 July 2023. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.3%).
お知らせ • Jun 29Comarch Approves Dividend for 2022Comarch shareholders approved a PLN 32.5 million dividend payout from 2022 profit or PLN 4.0 DPS.
お知らせ • May 30Comarch S.A., Annual General Meeting, Jun 28, 2023Comarch S.A., Annual General Meeting, Jun 28, 2023, at 11:00 Central European Standard Time. Location: at 33 prof. Michal Zyczkowski Street Krakow Poland Agenda: To consider opening of the General Meeting; to consider election of the Chairman of the Meeting; to consider election of the Returns Committee; to consider adoption of the agenda of the Meeting; to consider presentation of the Chairman of the Supervisory Board of the Company; to consider speech of the President of the company’s Management Board; to consider reports of the Company's authorities and the financial statements of the Company and the consolidated financial statements of the Comarch Capital Group for the financial year 01.01.2022 – 31.12.2022; and to consider any other matters.
Reported Earnings • May 24First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: zł427.6m (up 2.7% from 1Q 2022). Net income: zł23.1m (down 29% from 1Q 2022). Profit margin: 5.4% (down from 7.8% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the IT industry in Germany.
Reported Earnings • Mar 04Full year 2022 earnings released: EPS: zł13.42 (vs zł14.82 in FY 2021)Full year 2022 results: EPS: zł13.42 (down from zł14.82 in FY 2021). Revenue: zł1.86b (up 14% from FY 2021). Net income: zł109.1m (down 9.5% from FY 2021). Profit margin: 5.9% (down from 7.4% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the IT industry in Germany.
お知らせ • Jan 03+ 5 more updatesComarch S.A. to Report Fiscal Year 2022 Final Results on Apr 28, 2023Comarch S.A. announced that they will report fiscal year 2022 final results at 11:30 AM, Central European Standard Time on Apr 28, 2023
Valuation Update With 7 Day Price Move • Dec 06Investor sentiment improved over the past weekAfter last week's 16% share price gain to €37.50, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 18x in the IT industry in Germany. Total loss to shareholders of 15% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €45.54 per share.
Reported Earnings • Nov 19Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: zł471.1m (up 22% from 3Q 2021). Net income: zł27.9m (down 7.9% from 3Q 2021). Profit margin: 5.9% (down from 7.9% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 11% growth forecast for the IT industry in Germany.
Reported Earnings • Sep 02Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: zł426.3m (up 26% from 2Q 2021). Net income: zł12.4m (down 57% from 2Q 2021). Profit margin: 2.9% (down from 8.4% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 6.3%, compared to a 13% growth forecast for the IT industry in Germany.
Upcoming Dividend • Jul 01Upcoming dividend of zł4.00 per shareEligible shareholders must have bought the stock before 08 July 2022. Payment date: 20 July 2022. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (4.5%). Higher than average of industry peers (1.6%).
お知らせ • Jun 02Comarch S.A., Annual General Meeting, Jun 28, 2022Comarch S.A., Annual General Meeting, Jun 28, 2022.
Reported Earnings • May 22First quarter 2022 earnings releasedFirst quarter 2022 results: Revenue: zł416.3m (up 8.4% from 1Q 2021). Net income: zł32.4m (up 24% from 1Q 2021). Profit margin: 7.8% (up from 6.8% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 5.2%, compared to a 23% growth forecast for the industry in Germany.
Reported Earnings • Mar 03Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: zł14.82 (up from zł14.60 in FY 2020). Revenue: zł1.62b (up 5.7% from FY 2020). Net income: zł120.5m (up 1.5% from FY 2020). Profit margin: 7.4% (down from 7.7% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.8%. Over the next year, revenue is forecast to grow 1.4%, compared to a 16% growth forecast for the industry in Germany.
Reported Earnings • Nov 19Third quarter 2021 earnings releasedThe company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: zł385.9m (up 9.1% from 3Q 2020). Net income: zł30.3m (down 6.6% from 3Q 2020). Profit margin: 7.9% (down from 9.2% in 3Q 2020). The decrease in margin was driven by higher expenses.
Reported Earnings • Sep 05Second quarter 2021 earnings releasedThe company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: zł337.4m (up 1.9% from 2Q 2020). Net income: zł28.5m (up 40% from 2Q 2020). Profit margin: 8.4% (up from 6.1% in 2Q 2020).
Valuation Update With 7 Day Price Move • Jul 27Investor sentiment improved over the past weekAfter last week's 17% share price gain to zł60.60, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 27x in the IT industry in Germany. Simply Wall St's valuation model estimates the intrinsic value at €53.26 per share.
Reported Earnings • May 24First quarter 2021 earnings releasedThe company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: zł384.0m (up 1.6% from 1Q 2020). Net income: zł26.1m (up 84% from 1Q 2020). Profit margin: 6.8% (up from 3.8% in 1Q 2020). The increase in margin was primarily driven by higher revenue.
お知らせ • May 19Comarch S.A. Proposes Dividend for the Year 2020, Payable on July 16, 2021Comarch S.A. announced that it is seeking shareholders' nod for PLN 3.0 dividend per share from part of the 2020 earnings, or PLN 24.4 million in total, the company said in draft resolutions for upcoming GM as reported in a market filing. Right would be set on July 6, 2021, and the payout made on July 16, 2021, the company proposes. Last year, the company paid out PLN 1.5 dividend per share.