View Future GrowthVercom 過去の業績過去 基準チェック /56Vercomは、平均年間34%の収益成長を遂げていますが、 Software業界の収益は、年間 成長しています。収益は、平均年間8.3% 27.4%収益成長率で 成長しています。 Vercomの自己資本利益率は22.5%であり、純利益率は19.1%です。主要情報34.00%収益成長率27.44%EPS成長率Software 業界の成長14.28%収益成長率27.36%株主資本利益率22.54%ネット・マージン19.07%次回の業績アップデート19 May 2026最近の業績更新Reported Earnings • Nov 10Third quarter 2025 earnings released: EPS: zł0.90 (vs zł0.88 in 3Q 2024)Third quarter 2025 results: EPS: zł0.90 (up from zł0.88 in 3Q 2024). Revenue: zł116.5m (down 20% from 3Q 2024). Net income: zł19.9m (up 2.7% from 3Q 2024). Profit margin: 17% (up from 13% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the Software industry in Poland. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth.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, 2025Reported Earnings • Sep 03Second quarter 2025 earnings released: EPS: zł1.02 (vs zł0.82 in 2Q 2024)Second quarter 2025 results: EPS: zł1.02 (up from zł0.82 in 2Q 2024). Revenue: zł114.1m (down 1.6% from 2Q 2024). Net income: zł22.6m (up 24% from 2Q 2024). Profit margin: 20% (up from 16% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Software industry in Poland. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth.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, 2025Reported Earnings • May 22First quarter 2025 earnings released: EPS: zł0.16 (vs zł0.75 in 1Q 2024)First quarter 2025 results: EPS: zł0.16. Revenue: zł110.8m (up 5.9% from 1Q 2024). Net income: zł22.5m (up 37% from 1Q 2024). Profit margin: 20% (up from 16% in 1Q 2024). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Software industry in Poland.Reported Earnings • Mar 20Full year 2024 earnings releasedFull year 2024 results: Revenue: zł496.5m (up 47% from FY 2023). Net income: zł76.6m (up 8.8% from FY 2023). Profit margin: 15% (down from 21% in FY 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 7.5% growth forecast for the Software industry in Poland.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.New Risk • Apr 14New 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 7.1% 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.分析記事 • Feb 11Getting In Cheap On Vercom S.A. (WSE:VRC) Might Be DifficultWith a price-to-earnings (or "P/E") ratio of 35.4x Vercom S.A. ( WSE:VRC ) may be sending very bearish signals at the...Buy Or Sell Opportunity • Feb 03Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 24% to zł154. The fair value is estimated to be zł128, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 33%. Revenue is forecast to grow by 26% in 2 years. Earnings are forecast to grow by 62% in the next 2 years.分析記事 • Dec 20We Think Vercom (WSE:VRC) Might Have The DNA Of A Multi-BaggerIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...Reported Earnings • Nov 10Third quarter 2025 earnings released: EPS: zł0.90 (vs zł0.88 in 3Q 2024)Third quarter 2025 results: EPS: zł0.90 (up from zł0.88 in 3Q 2024). Revenue: zł116.5m (down 20% from 3Q 2024). Net income: zł19.9m (up 2.7% from 3Q 2024). Profit margin: 17% (up from 13% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the Software industry in Poland. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth.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分析記事 • Sep 14Vercom S.A. (WSE:VRC) Analysts Just Trimmed Their Revenue Forecasts By 11%One thing we could say about the analysts on Vercom S.A. ( WSE:VRC ) - they aren't optimistic, having just made a major...Major Estimate Revision • Sep 12Consensus revenue estimates decrease by 11%The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from zł533.0m to zł471.7m. EPS estimate unchanged from zł4.55 per share at last update. Software industry in Poland expected to see average net income growth of 23% next year. Consensus price target broadly unchanged at zł140. Share price was steady at zł129 over the past week.分析記事 • Sep 05Vercom (WSE:VRC) Has A Rock Solid Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Reported Earnings • Sep 03Second quarter 2025 earnings released: EPS: zł1.02 (vs zł0.82 in 2Q 2024)Second quarter 2025 results: EPS: zł1.02 (up from zł0.82 in 2Q 2024). Revenue: zł114.1m (down 1.6% from 2Q 2024). Net income: zł22.6m (up 24% from 2Q 2024). Profit margin: 20% (up from 16% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Software industry in Poland. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth.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, 2025Reported Earnings • May 22First quarter 2025 earnings released: EPS: zł0.16 (vs zł0.75 in 1Q 2024)First quarter 2025 results: EPS: zł0.16. Revenue: zł110.8m (up 5.9% from 1Q 2024). Net income: zł22.5m (up 37% from 1Q 2024). Profit margin: 20% (up from 16% in 1Q 2024). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Software industry in Poland.Upcoming Dividend • May 12Upcoming dividend of zł2.03 per shareEligible shareholders must have bought the stock before 19 May 2025. Payment date: 22 May 2025. Payout ratio is a comfortable 59% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Polish dividend payers (7.0%). Lower than average of industry peers (3.0%).Declared Dividend • Apr 13Dividend increased to zł2.03Dividend of zł2.03 is 27% higher than last year. Ex-date: 19th May 2025 Payment date: 22nd May 2025 Dividend yield will be 1.9%, which is lower than the industry average of 4.2%. Payout Ratios Payout ratio: 42%. Cash payout ratio: 35%.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.分析記事 • Apr 10A Look At The Fair Value Of Vercom S.A. (WSE:VRC)Key Insights Using the 2 Stage Free Cash Flow to Equity, Vercom fair value estimate is zł114 Current share price of...Reported Earnings • Mar 20Full year 2024 earnings releasedFull year 2024 results: Revenue: zł496.5m (up 47% from FY 2023). Net income: zł76.6m (up 8.8% from FY 2023). Profit margin: 15% (down from 21% in FY 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 7.5% growth forecast for the Software industry in Poland.分析記事 • Mar 07Vercom (WSE:VRC) Is Doing The Right Things To Multiply Its Share PriceIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Price Target Changed • Jan 18Price target increased by 7.2% to zł133Up from zł124, the current price target is an average from 6 analysts. New target price is 14% above last closing price of zł117. Stock is up 42% over the past year. The company is forecast to post earnings per share of zł3.53 for next year compared to zł3.18 last year.分析記事 • Nov 26Vercom's (WSE:VRC) Solid Profits Have Weak FundamentalsDespite posting some strong earnings, the market for Vercom S.A.'s ( WSE:VRC ) stock hasn't moved much. Our analysis...Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: zł0.88 (vs zł0.57 in 3Q 2023)Third quarter 2024 results: EPS: zł0.88 (up from zł0.57 in 3Q 2023). Revenue: zł145.1m (up 71% from 3Q 2023). Net income: zł19.4m (up 53% from 3Q 2023). Profit margin: 13% (down from 15% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Software industry in Poland. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth.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 9.0% growth forecast for the Software industry in Poland.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 Polish stocks, typically moving 6.5% 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.分析記事 • Aug 06Vercom's (WSE:VRC) Returns On Capital Not Reflecting Well On The BusinessIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a...Buy Or Sell Opportunity • Jul 16Now 20% undervaluedOver the last 90 days, the stock has risen 5.6% to zł124. The fair value is estimated to be zł155, 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.分析記事 • May 27We Think That There Are Issues Underlying Vercom's (WSE:VRC) EarningsVercom S.A. ( WSE:VRC ) just reported some strong earnings, and the market reacted accordingly with a healthy uplift in...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 5.7% growth forecast for the Software industry in Poland.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 Polish dividend payers (7.3%). Lower than average of industry peers (3.6%).分析記事 • May 14Investors Interested In Vercom S.A.'s (WSE:VRC) EarningsWhen close to half the companies in Poland have price-to-earnings ratios (or "P/E's") below 12x, you may consider...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.New Risk • Apr 02New 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 6.8% 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.Reported Earnings • Mar 31Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull 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 exceeded analyst estimates by 1.8%. Earnings per share (EPS) missed analyst estimates by 1.2%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Software industry in Poland.分析記事 • Mar 29A Look At The Intrinsic Value Of Vercom S.A. (WSE:VRC)Key Insights Vercom's estimated fair value is zł128 based on 2 Stage Free Cash Flow to Equity Vercom's zł121 share...Price Target Changed • Mar 25Price target increased by 51% to zł105Up from zł69.55, the current price target is an average from 2 analysts. New target price is 6.0% below last closing price of zł112. Stock is up 135% over the past year. The company is forecast to post earnings per share of zł3.23 for next year compared to zł1.54 last year.Valuation Update With 7 Day Price Move • Mar 02Investor sentiment improves as stock rises 25%After last week's 25% share price gain to zł110, the stock trades at a trailing P/E ratio of 43.7x. Average forward P/E is 17x in the Software industry in Poland. Total returns to shareholders of 152% over the past year.Buy Or Sell Opportunity • Mar 02Now 27% overvalued after recent price riseOver the last 90 days, the stock has risen 63% to zł110. The fair value is estimated to be zł86.35, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 37% over the last 3 years. Earnings per share has grown by 17%.分析記事 • Feb 29Here's Why We Think Vercom (WSE:VRC) Might Deserve Your Attention TodayIt's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...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分析記事 • Jan 23Vercom (WSE:VRC) Hasn't Managed To Accelerate Its ReturnsIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Reported Earnings • Nov 16Third 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.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 9.4% growth forecast for the Software industry in Poland.分析記事 • Aug 10A Look At The Intrinsic Value Of Vercom S.A. (WSE:VRC)Key Insights Vercom's estimated fair value is zł69.96 based on 2 Stage Free Cash Flow to Equity Vercom's zł61.60 share...お知らせ • May 26Vercom S.A., Annual General Meeting, Jun 23, 2023Vercom S.A., Annual General Meeting, Jun 23, 2023, at 10:00 Central European Standard Time.お知らせ • Feb 03+ 3 more updatesVercom S.A. to Report Fiscal Year 2022 Results on Mar 28, 2023Vercom S.A. announced that they will report fiscal year 2022 results on Mar 28, 2023Buying Opportunity • Jan 21Now 20% undervaluedOver the last 90 days, the stock is up 23%. The fair value is estimated to be zł53.64, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 42% over the last year. Earnings per share has declined by 20%.Reported Earnings • Nov 20Third quarter 2022 earnings released: EPS: zł0.21 (vs zł0.26 in 3Q 2021)Third quarter 2022 results: EPS: zł0.21 (down from zł0.26 in 3Q 2021). Revenue: zł76.0m (up 72% from 3Q 2021). Net income: zł4.33m (down 10% from 3Q 2021). Profit margin: 5.7% (down from 11% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in Poland.Price Target Changed • Nov 16Price target decreased to zł37.00Down from zł59.30, the current price target is an average from 2 analysts. New target price is 9.8% below last closing price of zł41.00. Stock is down 22% over the past year. The company posted earnings per share of zł1.37 last year.分析記事 • Sep 18Robust Earnings May Not Tell The Whole Story For Vercom (WSE:VRC)Vercom S.A.'s ( WSE:VRC ) healthy profit numbers didn't contain any surprises for investors. We think this is due to...Price Target Changed • Jul 08Price target decreased to zł50.90Down from zł59.30, the current price target is an average from 2 analysts. New target price is 41% above last closing price of zł36.20. Stock is down 33% over the past year. The company posted earnings per share of zł1.37 last year.Valuation Update With 7 Day Price Move • Jun 24Investor sentiment improved over the past weekAfter last week's 18% share price gain to zł36.30, the stock trades at a trailing P/E ratio of 28.3x. Average forward P/E is 28x in the Software industry in Poland. Total loss to shareholders of 31% over the past year. Simply Wall St's valuation model estimates the intrinsic value at zł64.18 per share.分析記事 • Jun 04Be Wary Of Vercom (WSE:VRC) And Its Returns On CapitalThere are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...お知らせ • May 03Vercom S.A., Annual General Meeting, May 27, 2022Vercom S.A., Annual General Meeting, May 27, 2022, at 11:00 Central European Standard Time.お知らせ • Apr 27Vercom S.A. (WSE:VRC) agreed to acquire 65% stake in Uab Mlr Grupe from Uab Itema Ventures and GEDIMINAS ANDRIJAITIS for EUR 84.1 million.Vercom S.A. (WSE:VRC) agreed to acquire 65% stake in Uab Mlr Grupe from Uab Itema Ventures and GEDIMINAS ANDRIJAITIS for EUR 84.1 million on April 26, 2022.お知らせ • Feb 02+ 3 more updatesVercom S.A. to Report Q3, 2022 Results on Nov 16, 2022Vercom S.A. announced that they will report Q3, 2022 results on Nov 16, 2022収支内訳Vercom 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WSE:VRC 収益、費用、利益 ( )PLN Millions日付収益収益G+A経費研究開発費31 Dec 2547190141030 Sep 2547287136030 Jun 2550187131031 Mar 2550283130031 Dec 2449677127030 Sep 2446284124030 Jun 2440278121031 Mar 2436777117031 Dec 2333770112030 Sep 2332256110030 Jun 2331347105031 Mar 232863490031 Dec 222603173030 Sep 222352258030 Jun 222042342031 Mar 221902435031 Dec 211792329030 Sep 211662220030 Jun 211442215031 Mar 211322113031 Dec 2011719120質の高い収益: VRCは 高品質の収益 を持っています。利益率の向上: VRCの現在の純利益率 (19.1%)は、昨年(15.4%)よりも高くなっています。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: VRCの収益は過去 5 年間で年間34%増加しました。成長の加速: VRCの過去 1 年間の収益成長率 ( 17.4% ) は、5 年間の平均 ( 年間34%を下回っています。収益対業界: VRCの過去 1 年間の収益成長率 ( 17.4% ) はSoftware業界13.2%を上回りました。株主資本利益率高いROE: VRCの 自己資本利益率 ( 22.5% ) は 高い 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2026/05/11 09:35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
Reported Earnings • Nov 10Third quarter 2025 earnings released: EPS: zł0.90 (vs zł0.88 in 3Q 2024)Third quarter 2025 results: EPS: zł0.90 (up from zł0.88 in 3Q 2024). Revenue: zł116.5m (down 20% from 3Q 2024). Net income: zł19.9m (up 2.7% from 3Q 2024). Profit margin: 17% (up from 13% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the Software industry in Poland. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth.
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
Reported Earnings • Sep 03Second quarter 2025 earnings released: EPS: zł1.02 (vs zł0.82 in 2Q 2024)Second quarter 2025 results: EPS: zł1.02 (up from zł0.82 in 2Q 2024). Revenue: zł114.1m (down 1.6% from 2Q 2024). Net income: zł22.6m (up 24% from 2Q 2024). Profit margin: 20% (up from 16% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Software industry in Poland. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth.
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
Reported Earnings • May 22First quarter 2025 earnings released: EPS: zł0.16 (vs zł0.75 in 1Q 2024)First quarter 2025 results: EPS: zł0.16. Revenue: zł110.8m (up 5.9% from 1Q 2024). Net income: zł22.5m (up 37% from 1Q 2024). Profit margin: 20% (up from 16% in 1Q 2024). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Software industry in Poland.
Reported Earnings • Mar 20Full year 2024 earnings releasedFull year 2024 results: Revenue: zł496.5m (up 47% from FY 2023). Net income: zł76.6m (up 8.8% from FY 2023). Profit margin: 15% (down from 21% in FY 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 7.5% growth forecast for the Software industry in Poland.
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.
New Risk • Apr 14New 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 7.1% 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.
分析記事 • Feb 11Getting In Cheap On Vercom S.A. (WSE:VRC) Might Be DifficultWith a price-to-earnings (or "P/E") ratio of 35.4x Vercom S.A. ( WSE:VRC ) may be sending very bearish signals at the...
Buy Or Sell Opportunity • Feb 03Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 24% to zł154. The fair value is estimated to be zł128, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 33%. Revenue is forecast to grow by 26% in 2 years. Earnings are forecast to grow by 62% in the next 2 years.
分析記事 • Dec 20We Think Vercom (WSE:VRC) Might Have The DNA Of A Multi-BaggerIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...
Reported Earnings • Nov 10Third quarter 2025 earnings released: EPS: zł0.90 (vs zł0.88 in 3Q 2024)Third quarter 2025 results: EPS: zł0.90 (up from zł0.88 in 3Q 2024). Revenue: zł116.5m (down 20% from 3Q 2024). Net income: zł19.9m (up 2.7% from 3Q 2024). Profit margin: 17% (up from 13% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the Software industry in Poland. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth.
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
分析記事 • Sep 14Vercom S.A. (WSE:VRC) Analysts Just Trimmed Their Revenue Forecasts By 11%One thing we could say about the analysts on Vercom S.A. ( WSE:VRC ) - they aren't optimistic, having just made a major...
Major Estimate Revision • Sep 12Consensus revenue estimates decrease by 11%The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from zł533.0m to zł471.7m. EPS estimate unchanged from zł4.55 per share at last update. Software industry in Poland expected to see average net income growth of 23% next year. Consensus price target broadly unchanged at zł140. Share price was steady at zł129 over the past week.
分析記事 • Sep 05Vercom (WSE:VRC) Has A Rock Solid Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Reported Earnings • Sep 03Second quarter 2025 earnings released: EPS: zł1.02 (vs zł0.82 in 2Q 2024)Second quarter 2025 results: EPS: zł1.02 (up from zł0.82 in 2Q 2024). Revenue: zł114.1m (down 1.6% from 2Q 2024). Net income: zł22.6m (up 24% from 2Q 2024). Profit margin: 20% (up from 16% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Software industry in Poland. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth.
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
Reported Earnings • May 22First quarter 2025 earnings released: EPS: zł0.16 (vs zł0.75 in 1Q 2024)First quarter 2025 results: EPS: zł0.16. Revenue: zł110.8m (up 5.9% from 1Q 2024). Net income: zł22.5m (up 37% from 1Q 2024). Profit margin: 20% (up from 16% in 1Q 2024). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Software industry in Poland.
Upcoming Dividend • May 12Upcoming dividend of zł2.03 per shareEligible shareholders must have bought the stock before 19 May 2025. Payment date: 22 May 2025. Payout ratio is a comfortable 59% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Polish dividend payers (7.0%). Lower than average of industry peers (3.0%).
Declared Dividend • Apr 13Dividend increased to zł2.03Dividend of zł2.03 is 27% higher than last year. Ex-date: 19th May 2025 Payment date: 22nd May 2025 Dividend yield will be 1.9%, which is lower than the industry average of 4.2%. Payout Ratios Payout ratio: 42%. Cash payout ratio: 35%.
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.
分析記事 • Apr 10A Look At The Fair Value Of Vercom S.A. (WSE:VRC)Key Insights Using the 2 Stage Free Cash Flow to Equity, Vercom fair value estimate is zł114 Current share price of...
Reported Earnings • Mar 20Full year 2024 earnings releasedFull year 2024 results: Revenue: zł496.5m (up 47% from FY 2023). Net income: zł76.6m (up 8.8% from FY 2023). Profit margin: 15% (down from 21% in FY 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 7.5% growth forecast for the Software industry in Poland.
分析記事 • Mar 07Vercom (WSE:VRC) Is Doing The Right Things To Multiply Its Share PriceIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Price Target Changed • Jan 18Price target increased by 7.2% to zł133Up from zł124, the current price target is an average from 6 analysts. New target price is 14% above last closing price of zł117. Stock is up 42% over the past year. The company is forecast to post earnings per share of zł3.53 for next year compared to zł3.18 last year.
分析記事 • Nov 26Vercom's (WSE:VRC) Solid Profits Have Weak FundamentalsDespite posting some strong earnings, the market for Vercom S.A.'s ( WSE:VRC ) stock hasn't moved much. Our analysis...
Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: zł0.88 (vs zł0.57 in 3Q 2023)Third quarter 2024 results: EPS: zł0.88 (up from zł0.57 in 3Q 2023). Revenue: zł145.1m (up 71% from 3Q 2023). Net income: zł19.4m (up 53% from 3Q 2023). Profit margin: 13% (down from 15% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Software industry in Poland. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth.
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 9.0% growth forecast for the Software industry in Poland.
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 Polish stocks, typically moving 6.5% 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.
分析記事 • Aug 06Vercom's (WSE:VRC) Returns On Capital Not Reflecting Well On The BusinessIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a...
Buy Or Sell Opportunity • Jul 16Now 20% undervaluedOver the last 90 days, the stock has risen 5.6% to zł124. The fair value is estimated to be zł155, 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.
分析記事 • May 27We Think That There Are Issues Underlying Vercom's (WSE:VRC) EarningsVercom S.A. ( WSE:VRC ) just reported some strong earnings, and the market reacted accordingly with a healthy uplift in...
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 5.7% growth forecast for the Software industry in Poland.
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 Polish dividend payers (7.3%). Lower than average of industry peers (3.6%).
分析記事 • May 14Investors Interested In Vercom S.A.'s (WSE:VRC) EarningsWhen close to half the companies in Poland have price-to-earnings ratios (or "P/E's") below 12x, you may consider...
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.
New Risk • Apr 02New 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 6.8% 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.
Reported Earnings • Mar 31Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull 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 exceeded analyst estimates by 1.8%. Earnings per share (EPS) missed analyst estimates by 1.2%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Software industry in Poland.
分析記事 • Mar 29A Look At The Intrinsic Value Of Vercom S.A. (WSE:VRC)Key Insights Vercom's estimated fair value is zł128 based on 2 Stage Free Cash Flow to Equity Vercom's zł121 share...
Price Target Changed • Mar 25Price target increased by 51% to zł105Up from zł69.55, the current price target is an average from 2 analysts. New target price is 6.0% below last closing price of zł112. Stock is up 135% over the past year. The company is forecast to post earnings per share of zł3.23 for next year compared to zł1.54 last year.
Valuation Update With 7 Day Price Move • Mar 02Investor sentiment improves as stock rises 25%After last week's 25% share price gain to zł110, the stock trades at a trailing P/E ratio of 43.7x. Average forward P/E is 17x in the Software industry in Poland. Total returns to shareholders of 152% over the past year.
Buy Or Sell Opportunity • Mar 02Now 27% overvalued after recent price riseOver the last 90 days, the stock has risen 63% to zł110. The fair value is estimated to be zł86.35, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 37% over the last 3 years. Earnings per share has grown by 17%.
分析記事 • Feb 29Here's Why We Think Vercom (WSE:VRC) Might Deserve Your Attention TodayIt's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
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
分析記事 • Jan 23Vercom (WSE:VRC) Hasn't Managed To Accelerate Its ReturnsIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Reported Earnings • Nov 16Third 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.
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 9.4% growth forecast for the Software industry in Poland.
分析記事 • Aug 10A Look At The Intrinsic Value Of Vercom S.A. (WSE:VRC)Key Insights Vercom's estimated fair value is zł69.96 based on 2 Stage Free Cash Flow to Equity Vercom's zł61.60 share...
お知らせ • May 26Vercom S.A., Annual General Meeting, Jun 23, 2023Vercom S.A., Annual General Meeting, Jun 23, 2023, at 10:00 Central European Standard Time.
お知らせ • Feb 03+ 3 more updatesVercom S.A. to Report Fiscal Year 2022 Results on Mar 28, 2023Vercom S.A. announced that they will report fiscal year 2022 results on Mar 28, 2023
Buying Opportunity • Jan 21Now 20% undervaluedOver the last 90 days, the stock is up 23%. The fair value is estimated to be zł53.64, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 42% over the last year. Earnings per share has declined by 20%.
Reported Earnings • Nov 20Third quarter 2022 earnings released: EPS: zł0.21 (vs zł0.26 in 3Q 2021)Third quarter 2022 results: EPS: zł0.21 (down from zł0.26 in 3Q 2021). Revenue: zł76.0m (up 72% from 3Q 2021). Net income: zł4.33m (down 10% from 3Q 2021). Profit margin: 5.7% (down from 11% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in Poland.
Price Target Changed • Nov 16Price target decreased to zł37.00Down from zł59.30, the current price target is an average from 2 analysts. New target price is 9.8% below last closing price of zł41.00. Stock is down 22% over the past year. The company posted earnings per share of zł1.37 last year.
分析記事 • Sep 18Robust Earnings May Not Tell The Whole Story For Vercom (WSE:VRC)Vercom S.A.'s ( WSE:VRC ) healthy profit numbers didn't contain any surprises for investors. We think this is due to...
Price Target Changed • Jul 08Price target decreased to zł50.90Down from zł59.30, the current price target is an average from 2 analysts. New target price is 41% above last closing price of zł36.20. Stock is down 33% over the past year. The company posted earnings per share of zł1.37 last year.
Valuation Update With 7 Day Price Move • Jun 24Investor sentiment improved over the past weekAfter last week's 18% share price gain to zł36.30, the stock trades at a trailing P/E ratio of 28.3x. Average forward P/E is 28x in the Software industry in Poland. Total loss to shareholders of 31% over the past year. Simply Wall St's valuation model estimates the intrinsic value at zł64.18 per share.
分析記事 • Jun 04Be Wary Of Vercom (WSE:VRC) And Its Returns On CapitalThere are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...
お知らせ • May 03Vercom S.A., Annual General Meeting, May 27, 2022Vercom S.A., Annual General Meeting, May 27, 2022, at 11:00 Central European Standard Time.
お知らせ • Apr 27Vercom S.A. (WSE:VRC) agreed to acquire 65% stake in Uab Mlr Grupe from Uab Itema Ventures and GEDIMINAS ANDRIJAITIS for EUR 84.1 million.Vercom S.A. (WSE:VRC) agreed to acquire 65% stake in Uab Mlr Grupe from Uab Itema Ventures and GEDIMINAS ANDRIJAITIS for EUR 84.1 million on April 26, 2022.
お知らせ • Feb 02+ 3 more updatesVercom S.A. to Report Q3, 2022 Results on Nov 16, 2022Vercom S.A. announced that they will report Q3, 2022 results on Nov 16, 2022