View Past PerformanceKBJ バランスシートの健全性財務の健全性 基準チェック /66KBJの総株主資本はPLN41.1M 、総負債はPLN19.4Kで、負債比率は0.05%となります。総資産と総負債はそれぞれPLN71.3MとPLN30.2Mです。 KBJの EBIT はPLN7.2Mで、利息カバレッジ比率34.2です。現金および短期投資はPLN4.6Mです。主要情報0.047%負債資本比率zł19.42k負債インタレスト・カバレッジ・レシオ34.2x現金zł4.56mエクイティzł41.09m負債合計zł30.21m総資産zł71.30m財務の健全性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 • May 28KBJ S.A., Annual General Meeting, Jun 23, 2026KBJ S.A., Annual General Meeting, Jun 23, 2026, at 11:00 Central European Standard Time.New Risk • May 25New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 69% 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.9% net profit margin). Market cap is less than US$100m (zł43.2m market cap, or US$11.8m).Reported Earnings • May 19First quarter 2026 earnings releasedFirst quarter 2026 results: Revenue: zł27.1m (down 2.0% from 1Q 2025). Net income: zł1.78m (up 146% from 1Q 2025). Profit margin: 6.6% (up from 2.6% in 1Q 2025). The increase in margin was driven by lower expenses.New Risk • Mar 21New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Polish stocks, typically moving 12% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risk Market cap is less than US$100m (zł48.6m market cap, or US$13.1m).New Risk • Feb 25New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: zł35.2m (US$9.85m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (zł35.2m market cap, or US$9.85m). Minor Risk Share price has been volatile over the past 3 months (8.8% average weekly change).分析記事 • Feb 14Returns At KBJ (WSE:KBJ) Are On The Way UpIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...Valuation Update With 7 Day Price Move • Feb 13Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to zł18.20, the stock trades at a trailing P/E ratio of 4.7x. Average trailing P/E is 19x in the IT industry in Poland. Total loss to shareholders of 3.4% over the past three years.お知らせ • Feb 10KBJ S.A. to Report Q4, 2025 Results on Feb 12, 2026KBJ S.A. announced that they will report Q4, 2025 results on Feb 12, 2026お知らせ • Nov 11KBJ S.A. to Report Q3, 2025 Results on Nov 13, 2025KBJ S.A. announced that they will report Q3, 2025 results on Nov 13, 2025分析記事 • Apr 07Returns On Capital At KBJ (WSE:KBJ) Have StalledIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two...Valuation Update With 7 Day Price Move • Mar 19Investor sentiment improves as stock rises 15%After last week's 15% share price gain to zł25.40, the stock trades at a trailing P/E ratio of 9.9x. Average trailing P/E is 18x in the IT industry in Poland. Total returns to shareholders of 60% over the past three years.分析記事 • Dec 21KBJ S.A.'s (WSE:KBJ) Shares Climb 25% But Its Business Is Yet to Catch UpKBJ S.A. ( WSE:KBJ ) shares have had a really impressive month, gaining 25% after a shaky period beforehand. Looking...New Risk • Dec 18New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Polish stocks, typically moving 8.2% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.2% average weekly change). High level of non-cash earnings (26% accrual ratio). Minor Risk Market cap is less than US$100m (zł43.2m market cap, or US$10.7m).Valuation Update With 7 Day Price Move • Dec 18Investor sentiment improves as stock rises 28%After last week's 28% share price gain to zł24.00, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 16x in the IT industry in Poland. Total returns to shareholders of 75% over the past three years.分析記事 • Nov 18KBJ (WSE:KBJ) Hasn't Managed To Accelerate Its ReturnsIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...New Risk • Nov 15New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: zł40.3m (US$9.83m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (24% accrual ratio). Market cap is less than US$10m (zł40.3m market cap, or US$9.83m). Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Shareholders have been diluted in the past year (15% increase in shares outstanding).分析記事 • Oct 23Calculating The Intrinsic Value Of KBJ S.A. (WSE:KBJ)Key Insights Using the 2 Stage Free Cash Flow to Equity, KBJ fair value estimate is zł23.62 Current share price of...Valuation Update With 7 Day Price Move • Oct 22Investor sentiment improves as stock rises 16%After last week's 16% share price gain to zł23.60, the stock trades at a trailing P/E ratio of 5.8x. Average trailing P/E is 18x in the IT industry in Poland. Total returns to shareholders of 44% over the past three years.Buy Or Sell Opportunity • Aug 22Now 25% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.8% to zł21.00. The fair value is estimated to be zł27.87, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has declined by 25%.分析記事 • Aug 21We Think That There Are Issues Underlying KBJ's (WSE:KBJ) EarningsInvestors were disappointed with KBJ S.A.'s ( WSE:KBJ ) earnings, despite the strong profit numbers. Our analysis...Reported Earnings • Aug 18Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: zł22.6m (up 27% from 2Q 2023). Net income: zł404.7k (up zł3.03m from 2Q 2023). Profit margin: 1.8% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.Buy Or Sell Opportunity • Aug 05Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.1% to zł21.00. The fair value is estimated to be zł27.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has declined by 20%.Valuation Update With 7 Day Price Move • Jun 28Investor sentiment improves as stock rises 18%After last week's 18% share price gain to zł26.20, the stock trades at a trailing P/E ratio of 11.3x. Average trailing P/E is 17x in the IT industry in Poland. Total returns to shareholders of 32% over the past three years.お知らせ • Jun 05KBJ S.A., Annual General Meeting, Jun 27, 2024KBJ S.A., Annual General Meeting, Jun 27, 2024.Reported Earnings • May 19First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: zł16.7m (down 11% from 1Q 2023). Net income: zł626.3k (up 69% from 1Q 2023). Profit margin: 3.8% (up from 2.0% in 1Q 2023). The increase in margin was driven by lower expenses.お知らせ • Mar 09KBJ S.A. to Report Fiscal Year 2023 Results on May 29, 2024KBJ S.A. announced that they will report fiscal year 2023 results on May 29, 2024Reported Earnings • Feb 16Full year 2023 earnings released: EPS: zł252 (vs zł1.66 in FY 2022)Full year 2023 results: EPS: zł252 (up from zł1.66 in FY 2022). Revenue: zł9.58b (up zł9.50b from FY 2022). Net income: zł451.9m (up zł448.9m from FY 2022). Profit margin: 4.7% (up from 3.7% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 155% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.New Risk • Feb 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Polish stocks, typically moving 7.3% 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. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (zł39.1m market cap, or US$9.69m). Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Large one-off items impacting financial results. Shareholders have been diluted in the past year (15% increase in shares outstanding).お知らせ • Jan 23+ 4 more updatesKBJ S.A. to Report Q2, 2024 Results on Aug 14, 2024KBJ S.A. announced that they will report Q2, 2024 results on Aug 14, 2024New Risk • Nov 30New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 15% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (zł32.5m market cap, or US$8.17m). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (15% increase in shares outstanding).New Risk • Oct 01New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 9.3% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (zł29.4m market cap, or US$6.72m). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.3% net profit margin). Shareholders have been diluted in the past year (9.3% increase in shares outstanding).Reported Earnings • Aug 13Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: zł17.8m (up 4.3% from 2Q 2022). Net loss: zł2.62m (loss widened 287% from 2Q 2022).お知らせ • Aug 05KBJ S.A. (WSE:KBJ) signed an agreement to acquire the remaining 68% stake in BTech Sp. z o. o.KBJ S.A. (WSE:KBJ) signed an agreement to acquire the remaining 68% stake in BTech Sp. z o. o. on August 3, 2023. KBJ President Artur Jedynak said the deal will ultimately lead to the merger of the companies and the absorption of BTech by KBJ.お知らせ • Jun 02KBJ S.A., Annual General Meeting, Jun 28, 2023KBJ S.A., Annual General Meeting, Jun 28, 2023, at 10:00 Central European Standard Time.Reported Earnings • Feb 12Full year 2022 earnings released: EPS: zł1.77 (vs zł1.77 in FY 2021)Full year 2022 results: EPS: zł1.77 (down from zł1.77 in FY 2021). Revenue: zł80.1m (up 7.1% from FY 2021). Net income: zł3.16m (flat on FY 2021). Profit margin: 3.9% (down from 4.2% in FY 2021). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Feb 03+ 4 more updatesKBJ S.A. to Report Q3, 2023 Results on Nov 09, 2023KBJ S.A. announced that they will report Q3, 2023 results on Nov 09, 2023Valuation Update With 7 Day Price Move • Dec 14Investor sentiment improved over the past weekAfter last week's 33% share price gain to zł17.40, the stock trades at a trailing P/E ratio of 30.3x. Average trailing P/E is 19x in the IT industry in Poland. Total returns to shareholders of 94% over the past three years.お知らせ • Jun 07KBJ S.A., Annual General Meeting, Jun 28, 2022KBJ S.A., Annual General Meeting, Jun 28, 2022, at 12:00 Central European Standard Time.Reported Earnings • May 15First quarter 2022 earnings releasedFirst quarter 2022 results: Revenue: zł19.2m (up 27% from 1Q 2021). Net income: zł1.31m (up zł1.48m from 1Q 2021). Profit margin: 6.8% (up from net loss in 1Q 2021).Reported Earnings • Feb 13Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: zł1.81 (down from zł2.10 in FY 2020). Revenue: zł74.8m (up 9.1% from FY 2020). Net income: zł3.07m (down 14% from FY 2020). Profit margin: 4.1% (down from 5.2% in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 02+ 4 more updatesKBJ S.A. to Report Q3, 2022 Results on Nov 09, 2022KBJ S.A. announced that they will report Q3, 2022 results on Nov 09, 2022Valuation Update With 7 Day Price Move • Jan 03Investor sentiment improved over the past weekAfter last week's 15% share price gain to zł16.00, the stock trades at a trailing P/E ratio of 4.4x. Average trailing P/E is 14x in the IT industry in Poland. Total returns to shareholders of 129% over the past three years.分析記事 • May 24KBJ (WSE:KBJ) Posted Healthy Earnings But There Are Some Other Factors To Be Aware OfKBJ S.A. ( WSE:KBJ ) announced strong profits, but the stock was stagnant. Our analysis suggests that shareholders have...Valuation Update With 7 Day Price Move • Apr 19Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to zł22.20, the stock trades at a trailing P/E ratio of 5.1x. Average trailing P/E is 18x in the IT industry in Poland. Total returns to shareholders of 55% over the past three years.お知らせ • Mar 20KBJ S.A. to Report Fiscal Year 2020 Results on May 17, 2021KBJ S.A. announced that they will report fiscal year 2020 results on May 17, 2021Valuation Update With 7 Day Price Move • Mar 06Investor sentiment improved over the past weekAfter last week's 25% share price gain to zł27.40, the stock is trading at a trailing P/E ratio of 6.2x, up from the previous P/E ratio of 5x. This compares to an average P/E of 18x in the IT industry in Poland. Total returns to shareholders over the past three years are 86%.Is New 90 Day High Low • Mar 04New 90-day high: zł25.00The company is up 100% from its price of zł12.50 on 04 December 2020. The Polish market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 5.0% over the same period.Valuation Update With 7 Day Price Move • Feb 19Investor sentiment improved over the past weekAfter last week's 18% share price gain to zł20.00, the stock is trading at a trailing P/E ratio of 4.6x, up from the previous P/E ratio of 3.8x. This compares to an average P/E of 15x in the IT industry in Poland. Total returns to shareholders over the past three years are 35%.分析記事 • Feb 16Here's Why We Think KBJ (WSE:KBJ) Is Well Worth WatchingSome have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...Reported Earnings • Feb 12Full year 2020 earnings released: EPS zł4.39 (vs zł0.84 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: zł68.5m (up 56% from FY 2019). Net income: zł7.43m (up 424% from FY 2019). Profit margin: 11% (up from 3.2% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Is New 90 Day High Low • Feb 08New 90-day high: zł17.20The company is up 23% from its price of zł14.00 on 10 November 2020. The Polish market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is flat over the same period.お知らせ • Jan 29+ 4 more updatesKBJ S.A. to Report Q3, 2021 Results on Nov 10, 2021KBJ S.A. announced that they will report Q3, 2021 results on Nov 10, 2021Valuation Update With 7 Day Price Move • Jan 13Investor sentiment improved over the past weekAfter last week's 19% share price gain to zł16.70, the stock is trading at a trailing P/E ratio of 16x, up from the previous P/E ratio of 13.4x. This compares to an average P/E of 13x in the IT industry in Poland. Total returns to shareholders over the past three years are 26%.Is New 90 Day High Low • Jan 13New 90-day high: zł16.70The company is up 13% from its price of zł14.80 on 15 October 2020. The Polish market is up 19% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 4.0% over the same period.分析記事 • Jan 12Is KBJ S.A.'s (WSE:KBJ) Latest Stock Performance A Reflection Of Its Financial Health?Most readers would already be aware that KBJ's (WSE:KBJ) stock increased significantly by 7.1% over the past week...Valuation Update With 7 Day Price Move • Jan 09Investor sentiment improved over the past weekAfter last week's 15% share price gain to zł15.00, the stock is trading at a trailing P/E ratio of 14.4x, up from the previous P/E ratio of 12.4x. This compares to an average P/E of 13x in the IT industry in Poland. Total returns to shareholders over the past three years are 16%.Valuation Update With 7 Day Price Move • Dec 12Investor sentiment improved over the past weekAfter last week's 18% share price gain to zł14.80, the stock is trading at a trailing P/E ratio of 14.2x, up from the previous P/E ratio of 12x. This compares to an average P/E of 13x in the IT industry in Poland. Total returns to shareholders over the past three years are 14%.Valuation Update With 7 Day Price Move • Nov 30Market pulls back on stock over the past weekAfter last week's 19% share price decline to zł12.00, the stock is trading at a trailing P/E ratio of 11.5x, down from the previous P/E ratio of 14.3x. This compares to an average P/E of 12x in the IT industry in Poland. Total return to shareholders over the past three years is a loss of 7.9%.分析記事 • Nov 18A Look At The Intrinsic Value Of KBJ S.A. (WSE:KBJ)Today we will run through one way of estimating the intrinsic value of KBJ S.A. (WSE:KBJ) by taking the expected...Is New 90 Day High Low • Nov 16New 90-day high: zł15.40The company is up 3.0% from its price of zł15.00 on 18 August 2020. The Polish market is down 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is down 12% over the same period.お知らせ • Sep 09KBJ S.A. (WSE:KBJ) acquired 32% stake in BTech Sp. z o. o from P. Daniel Gawel-Karwatka for PLN 1.1 million.KBJ S.A. (WSE:KBJ) acquired 32% stake in BTech Sp. z o. o from P. Daniel Gawel-Karwatka for PLN 1.1 million on September 7, 2020. The consideration of PLN 1.1 million, of which approximately half of the value is covered by KBJ in cash on the agreement date, the remaining part will be covered in cash or KBJ shares within 2 years from the date of the transaction. BTech will be an associate of KBJ and will be consolidated with the Issuer under the equity method. BTech Sp. z o. o reported the revenue of PLN 7.4 million. KBJ S.A. (WSE:KBJ) completed the acquisition of 32% stake in BTech Sp. z o. o from P. Daniel Gawel-Karwatka on September 7, 2020.財務状況分析短期負債: KBJの 短期資産 ( PLN62.1M ) が 短期負債 ( PLN26.0M ) を超えています。長期負債: KBJの短期資産 ( PLN62.1M ) が 長期負債 ( PLN4.2M ) を上回っています。デット・ツー・エクイティの歴史と分析負債レベル: KBJ総負債よりも多くの現金を保有しています。負債の削減: KBJの負債対資本比率は、過去 5 年間で19.7%から0.05%に減少しました。債務返済能力: KBJの負債は 営業キャッシュフロー によって 十分にカバー されています ( 2827.5% )。インタレストカバレッジ: KBJの負債に対する 利息支払い は EBIT ( 34.2 x coverage) によって 十分にカバーされています。貸借対照表健全な企業の発掘7D1Y7D1Y7D1YSoftware 業界の健全な企業。View Dividend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2026/05/31 12:49終値2026/05/29 00:00収益2026/03/31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KBJ S.A. 0 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。0
お知らせ • May 28KBJ S.A., Annual General Meeting, Jun 23, 2026KBJ S.A., Annual General Meeting, Jun 23, 2026, at 11:00 Central European Standard Time.
New Risk • May 25New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 69% 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.9% net profit margin). Market cap is less than US$100m (zł43.2m market cap, or US$11.8m).
Reported Earnings • May 19First quarter 2026 earnings releasedFirst quarter 2026 results: Revenue: zł27.1m (down 2.0% from 1Q 2025). Net income: zł1.78m (up 146% from 1Q 2025). Profit margin: 6.6% (up from 2.6% in 1Q 2025). The increase in margin was driven by lower expenses.
New Risk • Mar 21New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Polish stocks, typically moving 12% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risk Market cap is less than US$100m (zł48.6m market cap, or US$13.1m).
New Risk • Feb 25New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: zł35.2m (US$9.85m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (zł35.2m market cap, or US$9.85m). Minor Risk Share price has been volatile over the past 3 months (8.8% average weekly change).
分析記事 • Feb 14Returns At KBJ (WSE:KBJ) Are On The Way UpIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...
Valuation Update With 7 Day Price Move • Feb 13Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to zł18.20, the stock trades at a trailing P/E ratio of 4.7x. Average trailing P/E is 19x in the IT industry in Poland. Total loss to shareholders of 3.4% over the past three years.
お知らせ • Feb 10KBJ S.A. to Report Q4, 2025 Results on Feb 12, 2026KBJ S.A. announced that they will report Q4, 2025 results on Feb 12, 2026
お知らせ • Nov 11KBJ S.A. to Report Q3, 2025 Results on Nov 13, 2025KBJ S.A. announced that they will report Q3, 2025 results on Nov 13, 2025
分析記事 • Apr 07Returns On Capital At KBJ (WSE:KBJ) Have StalledIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two...
Valuation Update With 7 Day Price Move • Mar 19Investor sentiment improves as stock rises 15%After last week's 15% share price gain to zł25.40, the stock trades at a trailing P/E ratio of 9.9x. Average trailing P/E is 18x in the IT industry in Poland. Total returns to shareholders of 60% over the past three years.
分析記事 • Dec 21KBJ S.A.'s (WSE:KBJ) Shares Climb 25% But Its Business Is Yet to Catch UpKBJ S.A. ( WSE:KBJ ) shares have had a really impressive month, gaining 25% after a shaky period beforehand. Looking...
New Risk • Dec 18New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Polish stocks, typically moving 8.2% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.2% average weekly change). High level of non-cash earnings (26% accrual ratio). Minor Risk Market cap is less than US$100m (zł43.2m market cap, or US$10.7m).
Valuation Update With 7 Day Price Move • Dec 18Investor sentiment improves as stock rises 28%After last week's 28% share price gain to zł24.00, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 16x in the IT industry in Poland. Total returns to shareholders of 75% over the past three years.
分析記事 • Nov 18KBJ (WSE:KBJ) Hasn't Managed To Accelerate Its ReturnsIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
New Risk • Nov 15New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: zł40.3m (US$9.83m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (24% accrual ratio). Market cap is less than US$10m (zł40.3m market cap, or US$9.83m). Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Shareholders have been diluted in the past year (15% increase in shares outstanding).
分析記事 • Oct 23Calculating The Intrinsic Value Of KBJ S.A. (WSE:KBJ)Key Insights Using the 2 Stage Free Cash Flow to Equity, KBJ fair value estimate is zł23.62 Current share price of...
Valuation Update With 7 Day Price Move • Oct 22Investor sentiment improves as stock rises 16%After last week's 16% share price gain to zł23.60, the stock trades at a trailing P/E ratio of 5.8x. Average trailing P/E is 18x in the IT industry in Poland. Total returns to shareholders of 44% over the past three years.
Buy Or Sell Opportunity • Aug 22Now 25% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.8% to zł21.00. The fair value is estimated to be zł27.87, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has declined by 25%.
分析記事 • Aug 21We Think That There Are Issues Underlying KBJ's (WSE:KBJ) EarningsInvestors were disappointed with KBJ S.A.'s ( WSE:KBJ ) earnings, despite the strong profit numbers. Our analysis...
Reported Earnings • Aug 18Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: zł22.6m (up 27% from 2Q 2023). Net income: zł404.7k (up zł3.03m from 2Q 2023). Profit margin: 1.8% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
Buy Or Sell Opportunity • Aug 05Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.1% to zł21.00. The fair value is estimated to be zł27.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has declined by 20%.
Valuation Update With 7 Day Price Move • Jun 28Investor sentiment improves as stock rises 18%After last week's 18% share price gain to zł26.20, the stock trades at a trailing P/E ratio of 11.3x. Average trailing P/E is 17x in the IT industry in Poland. Total returns to shareholders of 32% over the past three years.
お知らせ • Jun 05KBJ S.A., Annual General Meeting, Jun 27, 2024KBJ S.A., Annual General Meeting, Jun 27, 2024.
Reported Earnings • May 19First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: zł16.7m (down 11% from 1Q 2023). Net income: zł626.3k (up 69% from 1Q 2023). Profit margin: 3.8% (up from 2.0% in 1Q 2023). The increase in margin was driven by lower expenses.
お知らせ • Mar 09KBJ S.A. to Report Fiscal Year 2023 Results on May 29, 2024KBJ S.A. announced that they will report fiscal year 2023 results on May 29, 2024
Reported Earnings • Feb 16Full year 2023 earnings released: EPS: zł252 (vs zł1.66 in FY 2022)Full year 2023 results: EPS: zł252 (up from zł1.66 in FY 2022). Revenue: zł9.58b (up zł9.50b from FY 2022). Net income: zł451.9m (up zł448.9m from FY 2022). Profit margin: 4.7% (up from 3.7% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 155% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
New Risk • Feb 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Polish stocks, typically moving 7.3% 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. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (zł39.1m market cap, or US$9.69m). Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Large one-off items impacting financial results. Shareholders have been diluted in the past year (15% increase in shares outstanding).
お知らせ • Jan 23+ 4 more updatesKBJ S.A. to Report Q2, 2024 Results on Aug 14, 2024KBJ S.A. announced that they will report Q2, 2024 results on Aug 14, 2024
New Risk • Nov 30New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 15% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (zł32.5m market cap, or US$8.17m). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (15% increase in shares outstanding).
New Risk • Oct 01New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 9.3% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (zł29.4m market cap, or US$6.72m). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.3% net profit margin). Shareholders have been diluted in the past year (9.3% increase in shares outstanding).
Reported Earnings • Aug 13Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: zł17.8m (up 4.3% from 2Q 2022). Net loss: zł2.62m (loss widened 287% from 2Q 2022).
お知らせ • Aug 05KBJ S.A. (WSE:KBJ) signed an agreement to acquire the remaining 68% stake in BTech Sp. z o. o.KBJ S.A. (WSE:KBJ) signed an agreement to acquire the remaining 68% stake in BTech Sp. z o. o. on August 3, 2023. KBJ President Artur Jedynak said the deal will ultimately lead to the merger of the companies and the absorption of BTech by KBJ.
お知らせ • Jun 02KBJ S.A., Annual General Meeting, Jun 28, 2023KBJ S.A., Annual General Meeting, Jun 28, 2023, at 10:00 Central European Standard Time.
Reported Earnings • Feb 12Full year 2022 earnings released: EPS: zł1.77 (vs zł1.77 in FY 2021)Full year 2022 results: EPS: zł1.77 (down from zł1.77 in FY 2021). Revenue: zł80.1m (up 7.1% from FY 2021). Net income: zł3.16m (flat on FY 2021). Profit margin: 3.9% (down from 4.2% in FY 2021). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Feb 03+ 4 more updatesKBJ S.A. to Report Q3, 2023 Results on Nov 09, 2023KBJ S.A. announced that they will report Q3, 2023 results on Nov 09, 2023
Valuation Update With 7 Day Price Move • Dec 14Investor sentiment improved over the past weekAfter last week's 33% share price gain to zł17.40, the stock trades at a trailing P/E ratio of 30.3x. Average trailing P/E is 19x in the IT industry in Poland. Total returns to shareholders of 94% over the past three years.
お知らせ • Jun 07KBJ S.A., Annual General Meeting, Jun 28, 2022KBJ S.A., Annual General Meeting, Jun 28, 2022, at 12:00 Central European Standard Time.
Reported Earnings • May 15First quarter 2022 earnings releasedFirst quarter 2022 results: Revenue: zł19.2m (up 27% from 1Q 2021). Net income: zł1.31m (up zł1.48m from 1Q 2021). Profit margin: 6.8% (up from net loss in 1Q 2021).
Reported Earnings • Feb 13Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: zł1.81 (down from zł2.10 in FY 2020). Revenue: zł74.8m (up 9.1% from FY 2020). Net income: zł3.07m (down 14% from FY 2020). Profit margin: 4.1% (down from 5.2% in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 02+ 4 more updatesKBJ S.A. to Report Q3, 2022 Results on Nov 09, 2022KBJ S.A. announced that they will report Q3, 2022 results on Nov 09, 2022
Valuation Update With 7 Day Price Move • Jan 03Investor sentiment improved over the past weekAfter last week's 15% share price gain to zł16.00, the stock trades at a trailing P/E ratio of 4.4x. Average trailing P/E is 14x in the IT industry in Poland. Total returns to shareholders of 129% over the past three years.
分析記事 • May 24KBJ (WSE:KBJ) Posted Healthy Earnings But There Are Some Other Factors To Be Aware OfKBJ S.A. ( WSE:KBJ ) announced strong profits, but the stock was stagnant. Our analysis suggests that shareholders have...
Valuation Update With 7 Day Price Move • Apr 19Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to zł22.20, the stock trades at a trailing P/E ratio of 5.1x. Average trailing P/E is 18x in the IT industry in Poland. Total returns to shareholders of 55% over the past three years.
お知らせ • Mar 20KBJ S.A. to Report Fiscal Year 2020 Results on May 17, 2021KBJ S.A. announced that they will report fiscal year 2020 results on May 17, 2021
Valuation Update With 7 Day Price Move • Mar 06Investor sentiment improved over the past weekAfter last week's 25% share price gain to zł27.40, the stock is trading at a trailing P/E ratio of 6.2x, up from the previous P/E ratio of 5x. This compares to an average P/E of 18x in the IT industry in Poland. Total returns to shareholders over the past three years are 86%.
Is New 90 Day High Low • Mar 04New 90-day high: zł25.00The company is up 100% from its price of zł12.50 on 04 December 2020. The Polish market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 5.0% over the same period.
Valuation Update With 7 Day Price Move • Feb 19Investor sentiment improved over the past weekAfter last week's 18% share price gain to zł20.00, the stock is trading at a trailing P/E ratio of 4.6x, up from the previous P/E ratio of 3.8x. This compares to an average P/E of 15x in the IT industry in Poland. Total returns to shareholders over the past three years are 35%.
分析記事 • Feb 16Here's Why We Think KBJ (WSE:KBJ) Is Well Worth WatchingSome have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
Reported Earnings • Feb 12Full year 2020 earnings released: EPS zł4.39 (vs zł0.84 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: zł68.5m (up 56% from FY 2019). Net income: zł7.43m (up 424% from FY 2019). Profit margin: 11% (up from 3.2% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Is New 90 Day High Low • Feb 08New 90-day high: zł17.20The company is up 23% from its price of zł14.00 on 10 November 2020. The Polish market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is flat over the same period.
お知らせ • Jan 29+ 4 more updatesKBJ S.A. to Report Q3, 2021 Results on Nov 10, 2021KBJ S.A. announced that they will report Q3, 2021 results on Nov 10, 2021
Valuation Update With 7 Day Price Move • Jan 13Investor sentiment improved over the past weekAfter last week's 19% share price gain to zł16.70, the stock is trading at a trailing P/E ratio of 16x, up from the previous P/E ratio of 13.4x. This compares to an average P/E of 13x in the IT industry in Poland. Total returns to shareholders over the past three years are 26%.
Is New 90 Day High Low • Jan 13New 90-day high: zł16.70The company is up 13% from its price of zł14.80 on 15 October 2020. The Polish market is up 19% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 4.0% over the same period.
分析記事 • Jan 12Is KBJ S.A.'s (WSE:KBJ) Latest Stock Performance A Reflection Of Its Financial Health?Most readers would already be aware that KBJ's (WSE:KBJ) stock increased significantly by 7.1% over the past week...
Valuation Update With 7 Day Price Move • Jan 09Investor sentiment improved over the past weekAfter last week's 15% share price gain to zł15.00, the stock is trading at a trailing P/E ratio of 14.4x, up from the previous P/E ratio of 12.4x. This compares to an average P/E of 13x in the IT industry in Poland. Total returns to shareholders over the past three years are 16%.
Valuation Update With 7 Day Price Move • Dec 12Investor sentiment improved over the past weekAfter last week's 18% share price gain to zł14.80, the stock is trading at a trailing P/E ratio of 14.2x, up from the previous P/E ratio of 12x. This compares to an average P/E of 13x in the IT industry in Poland. Total returns to shareholders over the past three years are 14%.
Valuation Update With 7 Day Price Move • Nov 30Market pulls back on stock over the past weekAfter last week's 19% share price decline to zł12.00, the stock is trading at a trailing P/E ratio of 11.5x, down from the previous P/E ratio of 14.3x. This compares to an average P/E of 12x in the IT industry in Poland. Total return to shareholders over the past three years is a loss of 7.9%.
分析記事 • Nov 18A Look At The Intrinsic Value Of KBJ S.A. (WSE:KBJ)Today we will run through one way of estimating the intrinsic value of KBJ S.A. (WSE:KBJ) by taking the expected...
Is New 90 Day High Low • Nov 16New 90-day high: zł15.40The company is up 3.0% from its price of zł15.00 on 18 August 2020. The Polish market is down 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is down 12% over the same period.
お知らせ • Sep 09KBJ S.A. (WSE:KBJ) acquired 32% stake in BTech Sp. z o. o from P. Daniel Gawel-Karwatka for PLN 1.1 million.KBJ S.A. (WSE:KBJ) acquired 32% stake in BTech Sp. z o. o from P. Daniel Gawel-Karwatka for PLN 1.1 million on September 7, 2020. The consideration of PLN 1.1 million, of which approximately half of the value is covered by KBJ in cash on the agreement date, the remaining part will be covered in cash or KBJ shares within 2 years from the date of the transaction. BTech will be an associate of KBJ and will be consolidated with the Issuer under the equity method. BTech Sp. z o. o reported the revenue of PLN 7.4 million. KBJ S.A. (WSE:KBJ) completed the acquisition of 32% stake in BTech Sp. z o. o from P. Daniel Gawel-Karwatka on September 7, 2020.