View Future GrowthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsComarch 과거 순이익 실적과거 기준 점검 1/6Comarch의 수입은 연평균 -4%의 비율로 감소해 온 반면, IT 산업은 수입이 연평균 14.8% 증가했습니다. 매출은 연평균 6.1%의 비율로 증가해 왔습니다. Comarch의 자기자본이익률은 4.8%이고 순이익률은 3.5%입니다.핵심 정보-4.01%순이익 성장률-4.01%주당순이익(EPS) 성장률IT 산업 성장률15.41%매출 성장률6.06%자기자본이익률4.80%순이익률3.46%다음 순이익 업데이트28 Feb 2025최근 과거 실적 업데이트공시 • Jan 20+ 4 more updatesComarch S.A. to Report Q4, 2024 Results on Feb 28, 2025Comarch S.A. announced that they will report Q4, 2024 results on Feb 28, 2025분석 기사 • Jun 01Comarch's (WSE:CMR) Shareholders May Want To Dig Deeper Than Statutory ProfitComarch S.A.'s ( WSE:CMR ) robust recent earnings didn't do much to move the stock. We think this is due to investors...Reported Earnings • May 27First quarter 2024 earnings released: EPS: zł2.70 (vs zł2.84 in 1Q 2023)First quarter 2024 results: EPS: zł2.70 (down from zł2.84 in 1Q 2023). Revenue: zł434.7m (up 1.7% from 1Q 2023). Net income: zł22.0m (down 4.7% from 1Q 2023). Profit margin: 5.1% (down from 5.4% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the IT industry in Europe. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Reported Earnings • Mar 03Full year 2023 earnings released: EPS: zł12.88 (vs zł13.26 in FY 2022)Full year 2023 results: EPS: zł12.88 (down from zł13.26 in FY 2022). Revenue: zł1.82b (down 2.3% from FY 2022). Net income: zł104.8m (down 2.8% from FY 2022). Profit margin: 5.8% (in line with FY 2022). Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the IT industry in Europe. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.공시 • Jan 10+ 4 more updatesComarch S.A. to Report Q3, 2024 Results on Nov 22, 2024Comarch S.A. announced that they will report Q3, 2024 results on Nov 22, 2024Reported Earnings • Sep 03Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: zł289.9m (down 32% from 2Q 2022). Net income: zł11.4m (down 7.9% from 2Q 2022). Profit margin: 3.9% (up from 2.9% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the IT industry in Europe. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 12% per year, which means it is performing significantly worse than earnings.모든 업데이트 보기Recent updates공시 • Jan 20+ 4 more updatesComarch S.A. to Report Q4, 2024 Results on Feb 28, 2025Comarch S.A. announced that they will report Q4, 2024 results on Feb 28, 2025공시 • Oct 25Comarch S.A.(WSE:CMR) dropped from S&P Global BMI IndexComarch S.A.(WSE:CMR) dropped from S&P Global BMI Index공시 • Aug 15Comarch on A Path to Get DelistedThe Filipiak family, together with CVC Capital Partners Fund IX and Anna Prokop have launched a tender offer for 5,266,072 shares of Comarch S.A., a provider of innovative IT products for multiple industries, carrying rights to 34.81% of votes, at PLN 315.40 per share. The acquirer of the shares will be Chamonix Investments Poland controlled by CVC Capital Partners Fund IX, with subscriptions commencing on 13 August 2024 and ending on 21 October 2024. The tender offer is intended to acquire all outstanding ordinary shares in the company with a view to delisting Comarch from the Warsaw Stock Exchange (GPW).Valuation Update With 7 Day Price Move • Jul 22Investor sentiment improves as stock rises 15%After last week's 15% share price gain to zł331, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 16x in the IT industry in Europe. Total returns to shareholders of 27% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at zł283 per share.분석 기사 • Jun 28Comarch (WSE:CMR) Has Announced That It Will Be Increasing Its Dividend To PLN5.00The board of Comarch S.A. ( WSE:CMR ) has announced that the dividend on 12th of July will be increased to PLN5.00...분석 기사 • Jun 13Comarch (WSE:CMR) Will Pay A Larger Dividend Than Last Year At PLN5.00The board of Comarch S.A. ( WSE:CMR ) has announced that it will be increasing its dividend by 25% on the 12th of July...분석 기사 • Jun 01Comarch's (WSE:CMR) Shareholders May Want To Dig Deeper Than Statutory ProfitComarch S.A.'s ( WSE:CMR ) robust recent earnings didn't do much to move the stock. We think this is due to investors...공시 • May 31Comarch S.A., Annual General Meeting, Jun 26, 2024Comarch S.A., Annual General Meeting, Jun 26, 2024.Declared Dividend • May 31Dividend increased to zł5.00Dividend of zł5.00 is 25% higher than last year. Ex-date: 2nd July 2024 Payment date: 12th July 2024 Dividend yield will be 2.0%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 24% over the next year, which should provide support to the dividend and adequate earnings cover.공시 • May 30Comarch IT to Pay Dividend on July 12, 2024Comarch's supervisory board has given a positive opinion on the management board's proposal to earmark PLN 40.67 million (EUR 9.6 million) from the profit generated in 2023 for dividends, which translates into PLN 5 (EUR 1.18) per share. The proposed dividend date is July 3, and the dividend is to be paid on July 12, 2024.Reported Earnings • May 27First quarter 2024 earnings released: EPS: zł2.70 (vs zł2.84 in 1Q 2023)First quarter 2024 results: EPS: zł2.70 (down from zł2.84 in 1Q 2023). Revenue: zł434.7m (up 1.7% from 1Q 2023). Net income: zł22.0m (down 4.7% from 1Q 2023). Profit margin: 5.1% (down from 5.4% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the IT industry in Europe. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Reported Earnings • Mar 03Full year 2023 earnings released: EPS: zł12.88 (vs zł13.26 in FY 2022)Full year 2023 results: EPS: zł12.88 (down from zł13.26 in FY 2022). Revenue: zł1.82b (down 2.3% from FY 2022). Net income: zł104.8m (down 2.8% from FY 2022). Profit margin: 5.8% (in line with FY 2022). Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the IT industry in Europe. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.Price Target Changed • Feb 19Price target increased by 9.3% to zł196Up from zł179, the current price target is an average from 5 analysts. New target price is 20% below last closing price of zł244. Stock is up 53% over the past year. The company is forecast to post earnings per share of zł14.22 for next year compared to zł13.26 last year.분석 기사 • Feb 08Comarch S.A.'s (WSE:CMR) Share Price Not Quite Adding UpWhen close to half the companies in Poland have price-to-earnings ratios (or "P/E's") below 12x, you may consider...공시 • Jan 10+ 4 more updatesComarch S.A. to Report Q3, 2024 Results on Nov 22, 2024Comarch S.A. announced that they will report Q3, 2024 results on Nov 22, 2024공시 • Jan 06Comarch Announces Management ChangesComarch announced that the extraordinary general meeting has appointed Anna Pruska to the position of President of the Management Board, with Marcin Warwas and Marcin Kaleta appointed as Vice-Presidents. The changes in the composition of Comarch's Management Board took place following the death of former CEO Janusz Filipiak, who was Pruska's father. Pruska has been involved with Comarch since 2004. In 2013 she joined the company's Supervisory Board while in October 2023 she was entrusted by the Board to act as CEO. By education, Pruska is an economist and she holds a PhD in international relations.공시 • Jan 04Comarch Announces Board AppointmentsComarch appointed Anna Pruska as chairwoman of the board. Marcin Warwas and Marcin Kaleta have been appointed as deputy chairman of the board. Ms. Anna Pruska, Mr. Marcin Warwas and Mr. Marcin Kaleta have been appointed to serve as members of Comarch's management board until the end of the current term of the board.Price Target Changed • Nov 21Price target increased by 8.0% to zł179Up from zł166, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of zł178. Stock is up 19% over the past year. The company is forecast to post earnings per share of zł14.22 for next year compared to zł13.26 last year.New Risk • Oct 05New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.9% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.9% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Sep 03Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: zł289.9m (down 32% from 2Q 2022). Net income: zł11.4m (down 7.9% from 2Q 2022). Profit margin: 3.9% (up from 2.9% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the IT industry in Europe. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 12% per year, which means it is performing significantly worse than earnings.Upcoming Dividend • Jun 30Upcoming dividend of zł4.00 per share at 2.7% yieldEligible shareholders must have bought the stock before 07 July 2023. Payment date: 19 July 2023. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Polish dividend payers (7.2%). Lower than average of industry peers (3.1%).분석 기사 • Jun 30Comarch (WSE:CMR) Is Paying Out A Dividend Of PLN4.00Comarch S.A. ( WSE:CMR ) will pay a dividend of PLN4.00 on the 19th of July. This means that the annual payment will be...공시 • Jun 29Comarch Approves Dividend for 2022Comarch shareholders approved a PLN 32.5 million dividend payout from 2022 profit or PLN 4.0 DPS.분석 기사 • Jun 02Comarch (WSE:CMR) Will Pay A Dividend Of PLN4.00Comarch S.A. ( WSE:CMR ) has announced that it will pay a dividend of PLN4.00 per share on the 19th of July. Based on...공시 • May 30Comarch S.A., Annual General Meeting, Jun 28, 2023Comarch S.A., Annual General Meeting, Jun 28, 2023, at 11:00 Central European Standard Time. Location: at 33 prof. Michal Zyczkowski Street Krakow Poland Agenda: To consider opening of the General Meeting; to consider election of the Chairman of the Meeting; to consider election of the Returns Committee; to consider adoption of the agenda of the Meeting; to consider presentation of the Chairman of the Supervisory Board of the Company; to consider speech of the President of the company’s Management Board; to consider reports of the Company's authorities and the financial statements of the Company and the consolidated financial statements of the Comarch Capital Group for the financial year 01.01.2022 – 31.12.2022; and to consider any other matters.Reported Earnings • May 24First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: zł427.6m (up 2.7% from 1Q 2022). Net income: zł23.1m (down 29% from 1Q 2022). Profit margin: 5.4% (down from 7.8% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the IT industry in Poland. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.공시 • Jan 03+ 5 more updatesComarch S.A. to Report Fiscal Year 2022 Final Results on Apr 28, 2023Comarch S.A. announced that they will report fiscal year 2022 final results at 11:30 AM, Central European Standard Time on Apr 28, 2023분석 기사 • Dec 05Investors Will Want Comarch's (WSE:CMR) Growth In ROCE To PersistTo find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...Valuation Update With 7 Day Price Move • Dec 02Investor sentiment improved over the past weekAfter last week's 18% share price gain to zł180, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 17x in the IT industry in Europe. Total loss to shareholders of 1.6% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at zł193 per share.Reported Earnings • Nov 19Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: zł471.1m (up 22% from 3Q 2021). Net income: zł27.9m (down 7.9% from 3Q 2021). Profit margin: 5.9% (down from 7.9% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the IT industry in Poland. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.Price Target Changed • Nov 16Price target decreased to zł218Down from zł242, the current price target is an average from 4 analysts. New target price is 45% above last closing price of zł150. Stock is down 35% over the past year. The company is forecast to post earnings per share of zł12.29 for next year compared to zł14.82 last year.Price Target Changed • Nov 05Price target decreased to zł218Down from zł242, the current price target is an average from 4 analysts. New target price is 44% above last closing price of zł151. Stock is down 35% over the past year. The company is forecast to post earnings per share of zł12.29 for next year compared to zł14.82 last year.Reported Earnings • Sep 02Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: zł426.3m (up 26% from 2Q 2021). Net income: zł12.4m (down 57% from 2Q 2021). Profit margin: 2.9% (down from 8.4% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 6.3%, compared to a 7.4% growth forecast for the IT industry in Poland. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.분석 기사 • Aug 03Returns At Comarch (WSE:CMR) Are On The Way UpDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want...Upcoming Dividend • Jul 01Upcoming dividend of zł4.00 per shareEligible shareholders must have bought the stock before 08 July 2022. Payment date: 20 July 2022. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Polish dividend payers (8.0%). Lower than average of industry peers (3.9%).분석 기사 • Jun 25Comarch's (WSE:CMR) Upcoming Dividend Will Be Larger Than Last Year'sThe board of Comarch S.A. ( WSE:CMR ) has announced that it will be increasing its dividend on the 20th of July to...분석 기사 • Jun 04Comarch's (WSE:CMR) Shareholders Will Receive A Bigger Dividend Than Last YearThe board of Comarch S.A. ( WSE:CMR ) has announced that the dividend on 20th of July will be increased to zł4.00...Reported Earnings • May 22First quarter 2022 earnings: Revenues miss analyst expectationsFirst quarter 2022 results: Revenue: zł416.3m (up 8.4% from 1Q 2021). Net income: zł32.4m (up 24% from 1Q 2021). Profit margin: 7.8% (up from 6.8% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.3%. Over the next year, revenue is forecast to grow 5.2%, compared to a 7.1% growth forecast for the industry in Poland.Buying Opportunity • Apr 20Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 13%. The fair value is estimated to be zł227, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.8% over the last 3 years. Earnings per share has grown by 34%. For the next 3 years, revenue is forecast to grow by 4.2% per annum. Earnings is forecast to decline by 2.1% per annum over the same time period.Buying Opportunity • Mar 30Now 21% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be zł228, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.8% over the last 3 years. Earnings per share has grown by 34%. For the next 3 years, revenue is forecast to grow by 2.8% per annum. Earnings is forecast to decline by 4.8% per annum over the same time period.Reported Earnings • Mar 03Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: zł14.82 (up from zł14.60 in FY 2020). Revenue: zł1.62b (up 5.7% from FY 2020). Net income: zł120.5m (up 1.5% from FY 2020). Profit margin: 7.4% (down from 7.7% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) also surpassed analyst estimates by 22%. Over the next year, revenue is forecast to grow 1.4%, compared to a 7.3% growth forecast for the industry in Poland. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Buying Opportunity • Feb 14Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 21%. The fair value is estimated to be zł230, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.1% per annum over the last 3 years. Earnings per share has grown by 37% per annum over the last 3 years.Buying Opportunity • Jan 28Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be zł239, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.1% per annum over the last 3 years. Earnings per share has grown by 37% per annum over the last 3 years.분석 기사 • Dec 30Comarch (WSE:CMR) Has A Rock Solid Balance SheetDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Price Target Changed • Nov 18Price target increased to zł274Up from zł247, the current price target is an average from 4 analysts. New target price is 21% above last closing price of zł227. Stock is up 16% over the past year. The company is forecast to post earnings per share of zł13.00 for next year compared to zł14.60 last year.Price Target Changed • Oct 11Price target increased to zł262Up from zł238, the current price target is an average from 4 analysts. New target price is 8.7% above last closing price of zł241. Stock is up 21% over the past year.분석 기사 • Sep 06We Think Comarch (WSE:CMR) Can Manage Its Debt With EaseWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...Reported Earnings • Sep 05Second quarter 2021 earnings releasedThe company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: zł337.4m (up 1.9% from 2Q 2020). Net income: zł28.5m (up 40% from 2Q 2020). Profit margin: 8.4% (up from 6.1% in 2Q 2020). 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 16% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jul 26Investor sentiment improved over the past weekAfter last week's 17% share price gain to zł280, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 23x in the IT industry in Europe. Total returns to shareholders of 64% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at zł221 per share.Upcoming Dividend • Jun 29Upcoming dividend of zł3.00 per shareEligible shareholders must have bought the stock before 05 July 2021. Payment date: 16 July 2021. Trailing yield: 1.2%. Lower than top quartile of Polish dividend payers (5.7%). Lower than average of industry peers (2.7%).Reported Earnings • May 24First quarter 2021 earnings releasedThe company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: zł384.0m (up 1.6% from 1Q 2020). Net income: zł26.1m (up 84% from 1Q 2020). Profit margin: 6.8% (up from 3.8% in 1Q 2020). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.분석 기사 • May 16Are Comarch S.A. (WSE:CMR) Investors Paying Above The Intrinsic Value?In this article we are going to estimate the intrinsic value of Comarch S.A. ( WSE:CMR ) by projecting its future cash...분석 기사 • May 03We Think Comarch (WSE:CMR) Can Manage Its Debt With EaseLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...분석 기사 • Mar 25Does Comarch (WSE:CMR) Deserve A Spot On Your Watchlist?For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...분석 기사 • Mar 09Comarch (WSE:CMR) Shareholders Have Enjoyed A 48% Share Price GainStock pickers are generally looking for stocks that will outperform the broader market. And in our experience, buying...공시 • Mar 06Comarch Launches New Microsite Featuring Market-Leading Loyalty & Marketing SolutionsComarch announced the launch of its new microsite. The new site has been designed to offer the ultimate user-friendly experience with improved navigation and functionality while allowing customers to browse Comarch's offerings, including its new Loyalty Marketing Cloud. The site includes many new features to help users quickly and easily navigate the site and find relevant information. New features include an educational marketing hub, industry-specific thought leadership pages, and Comarch's upcoming Vodcast, "Coffee with Comarch Loyalty." Within the educational marketing hub, visitors can view content based on their level of loyalty knowledge, whether they be beginners or experts. Visitors can stay informed with the latest Comarch and industry news through the new industry hubs, which include spotlight pages on Retail, Grocery, Fuel & Convenience, and Travel.Reported Earnings • Mar 03Full year 2020 earnings released: EPS zł14.60 (vs zł12.89 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: zł1.54b (up 6.9% from FY 2019). Net income: zł118.7m (up 13% from FY 2019). Profit margin: 7.7% (up from 7.3% 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 37% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Analyst Estimate Surprise Post Earnings • Mar 03Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 0.02%. Earnings per share (EPS) exceeded analyst estimates by 25%. Over the next year, revenue is forecast to grow 4.6%, compared to a 53% growth forecast for the IT industry in Poland.Is New 90 Day High Low • Mar 02New 90-day high: zł205The company is up 4.0% from its price of zł198 on 02 December 2020. The Polish market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the IT industry, which is also up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is zł147 per share.분석 기사 • Feb 22The Returns At Comarch (WSE:CMR) Provide Us With Signs Of What's To ComeIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...분석 기사 • Feb 10Is Comarch S.A. (WSE:CMR) A Smart Choice For Dividend Investors?Could Comarch S.A. ( WSE:CMR ) be an attractive dividend share to own for the long haul? Investors are often drawn to...공시 • Feb 06Comarch S.A. Places PLN 203.9 Million Gross Winning Bid for Maintenance of IT System KSI At Social Insurance Board ZUSComarch S.A. placed PLN 203.9 million gross winning bid for maintenance of IT system KSI at social insurance board ZUS, the company said in a market filing. The contract shall run for a maximum of 77 months from the date of its signing, which Comarch will announce in a separate filing.분석 기사 • Jan 31What Is The Ownership Structure Like For Comarch S.A. (WSE:CMR)?Every investor in Comarch S.A. ( WSE:CMR ) should be aware of the most powerful shareholder groups. Institutions will...분석 기사 • Jan 18We Think Comarch (WSE:CMR) Can Manage Its Debt With EaseWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...공시 • Jan 09+ 4 more updatesComarch S.A. to Report First Half, 2021 Results on Aug 31, 2021Comarch S.A. announced that they will report first half, 2021 results on Aug 31, 2021분석 기사 • Jan 05Comarch S.A. (WSE:CMR) Shares Could Be 27% Above Their Intrinsic Value EstimateDoes the January share price for Comarch S.A. ( WSE:CMR ) reflect what it's really worth? Today, we will estimate the...분석 기사 • Dec 21Here's Why I Think Comarch (WSE:CMR) Might Deserve Your Attention TodaySome have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...Is New 90 Day High Low • Dec 18New 90-day low: zł186The company is down 10.0% from its price of zł206 on 18 September 2020. The Polish market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is zł151 per share.분석 기사 • Dec 11Are Comarch S.A.'s (WSE:CMR) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?Comarch (WSE:CMR) has had a rough three months with its share price down 9.6%. But if you pay close attention, you...Reported Earnings • Nov 19Third quarter 2020 earnings released: EPS zł3.98The company reported a poor third quarter result with weaker earnings and profit margins, although revenues were flat. Third quarter 2020 results: Revenue: zł353.7m (flat on 3Q 2019). Net income: zł32.5m (down 24% from 3Q 2019). Profit margin: 9.2% (down from 12% in 3Q 2019). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Analyst Estimate Surprise Post Earnings • Nov 19Revenue behind estimatesRevenue missed analyst estimates by 5.4%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 9.6%, compared to a 1,155% growth forecast for the IT industry in Poland.매출 및 비용 세부 내역Comarch가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이WSE:CMR 매출, 비용 및 순이익 (PLN Millions)날짜매출순이익일반관리비연구개발비30 Sep 241,84764403030 Jun 241,87274396031 Mar 241,823100372031 Dec 231,816101371030 Sep 231,821117369030 Jun 231,839113374031 Mar 231,87098370031 Dec 221,859108368030 Sep 221,834111345030 Jun 221,748113327031 Mar 221,660129311031 Dec 211,627123303030 Sep 211,582139271030 Jun 211,549141265031 Mar 211,543133268031 Dec 201,537121265030 Sep 201,479102295030 Jun 201,480112301031 Mar 201,477112308031 Dec 191,437105305030 Sep 191,44178271030 Jun 191,43253264031 Mar 191,43644251001 Jan 191,37031246030 Sep 181,30360239030 Jun 181,22242230031 Mar 181,14140230031 Dec 171,12565233030 Sep 171,14479268030 Jun 171,10487268031 Mar 171,12584270031 Dec 161,11373265030 Sep 161,14365225030 Jun 161,14357230031 Mar 161,12868227031 Dec 151,13280223030 Sep 151,09369220030 Jun 151,11490207031 Mar 151,07681193031 Dec 141,03868187030 Sep 1498857174030 Jun 1497736171031 Mar 14960291720양질의 수익: CMR는 고품질 수익을 보유하고 있습니다.이익 마진 증가: CMR의 현재 순 이익률 (3.5%)은 지난해 (6.4%)보다 낮습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: CMR의 수익은 지난 5년 동안 연평균 4% 감소했습니다.성장 가속화: CMR은 지난 1년 동안 수익이 감소하여 5년 평균과 비교할 수 없습니다.수익 대 산업: CMR은 지난 1년 동안 수익이 감소(-45.6%)하여 IT 업계 평균(7%)과 비교하기 어렵습니다.자기자본이익률높은 ROE: CMR의 자본 수익률(4.8%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YSoftware 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2025/02/25 13:46종가2024/11/28 00:00수익2024/09/30연간 수익2023/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Comarch S.A.는 7명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Kamil KliszczBiuro maklerskie mBankuWitold SamborskiCitigroup IncTomasz SokolowskiErste Bank Polska S.A.4명의 분석가 더 보기
공시 • Jan 20+ 4 more updatesComarch S.A. to Report Q4, 2024 Results on Feb 28, 2025Comarch S.A. announced that they will report Q4, 2024 results on Feb 28, 2025
분석 기사 • Jun 01Comarch's (WSE:CMR) Shareholders May Want To Dig Deeper Than Statutory ProfitComarch S.A.'s ( WSE:CMR ) robust recent earnings didn't do much to move the stock. We think this is due to investors...
Reported Earnings • May 27First quarter 2024 earnings released: EPS: zł2.70 (vs zł2.84 in 1Q 2023)First quarter 2024 results: EPS: zł2.70 (down from zł2.84 in 1Q 2023). Revenue: zł434.7m (up 1.7% from 1Q 2023). Net income: zł22.0m (down 4.7% from 1Q 2023). Profit margin: 5.1% (down from 5.4% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the IT industry in Europe. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Reported Earnings • Mar 03Full year 2023 earnings released: EPS: zł12.88 (vs zł13.26 in FY 2022)Full year 2023 results: EPS: zł12.88 (down from zł13.26 in FY 2022). Revenue: zł1.82b (down 2.3% from FY 2022). Net income: zł104.8m (down 2.8% from FY 2022). Profit margin: 5.8% (in line with FY 2022). Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the IT industry in Europe. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
공시 • Jan 10+ 4 more updatesComarch S.A. to Report Q3, 2024 Results on Nov 22, 2024Comarch S.A. announced that they will report Q3, 2024 results on Nov 22, 2024
Reported Earnings • Sep 03Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: zł289.9m (down 32% from 2Q 2022). Net income: zł11.4m (down 7.9% from 2Q 2022). Profit margin: 3.9% (up from 2.9% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the IT industry in Europe. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 12% per year, which means it is performing significantly worse than earnings.
공시 • Jan 20+ 4 more updatesComarch S.A. to Report Q4, 2024 Results on Feb 28, 2025Comarch S.A. announced that they will report Q4, 2024 results on Feb 28, 2025
공시 • Oct 25Comarch S.A.(WSE:CMR) dropped from S&P Global BMI IndexComarch S.A.(WSE:CMR) dropped from S&P Global BMI Index
공시 • Aug 15Comarch on A Path to Get DelistedThe Filipiak family, together with CVC Capital Partners Fund IX and Anna Prokop have launched a tender offer for 5,266,072 shares of Comarch S.A., a provider of innovative IT products for multiple industries, carrying rights to 34.81% of votes, at PLN 315.40 per share. The acquirer of the shares will be Chamonix Investments Poland controlled by CVC Capital Partners Fund IX, with subscriptions commencing on 13 August 2024 and ending on 21 October 2024. The tender offer is intended to acquire all outstanding ordinary shares in the company with a view to delisting Comarch from the Warsaw Stock Exchange (GPW).
Valuation Update With 7 Day Price Move • Jul 22Investor sentiment improves as stock rises 15%After last week's 15% share price gain to zł331, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 16x in the IT industry in Europe. Total returns to shareholders of 27% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at zł283 per share.
분석 기사 • Jun 28Comarch (WSE:CMR) Has Announced That It Will Be Increasing Its Dividend To PLN5.00The board of Comarch S.A. ( WSE:CMR ) has announced that the dividend on 12th of July will be increased to PLN5.00...
분석 기사 • Jun 13Comarch (WSE:CMR) Will Pay A Larger Dividend Than Last Year At PLN5.00The board of Comarch S.A. ( WSE:CMR ) has announced that it will be increasing its dividend by 25% on the 12th of July...
분석 기사 • Jun 01Comarch's (WSE:CMR) Shareholders May Want To Dig Deeper Than Statutory ProfitComarch S.A.'s ( WSE:CMR ) robust recent earnings didn't do much to move the stock. We think this is due to investors...
공시 • May 31Comarch S.A., Annual General Meeting, Jun 26, 2024Comarch S.A., Annual General Meeting, Jun 26, 2024.
Declared Dividend • May 31Dividend increased to zł5.00Dividend of zł5.00 is 25% higher than last year. Ex-date: 2nd July 2024 Payment date: 12th July 2024 Dividend yield will be 2.0%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 24% over the next year, which should provide support to the dividend and adequate earnings cover.
공시 • May 30Comarch IT to Pay Dividend on July 12, 2024Comarch's supervisory board has given a positive opinion on the management board's proposal to earmark PLN 40.67 million (EUR 9.6 million) from the profit generated in 2023 for dividends, which translates into PLN 5 (EUR 1.18) per share. The proposed dividend date is July 3, and the dividend is to be paid on July 12, 2024.
Reported Earnings • May 27First quarter 2024 earnings released: EPS: zł2.70 (vs zł2.84 in 1Q 2023)First quarter 2024 results: EPS: zł2.70 (down from zł2.84 in 1Q 2023). Revenue: zł434.7m (up 1.7% from 1Q 2023). Net income: zł22.0m (down 4.7% from 1Q 2023). Profit margin: 5.1% (down from 5.4% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the IT industry in Europe. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Reported Earnings • Mar 03Full year 2023 earnings released: EPS: zł12.88 (vs zł13.26 in FY 2022)Full year 2023 results: EPS: zł12.88 (down from zł13.26 in FY 2022). Revenue: zł1.82b (down 2.3% from FY 2022). Net income: zł104.8m (down 2.8% from FY 2022). Profit margin: 5.8% (in line with FY 2022). Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the IT industry in Europe. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
Price Target Changed • Feb 19Price target increased by 9.3% to zł196Up from zł179, the current price target is an average from 5 analysts. New target price is 20% below last closing price of zł244. Stock is up 53% over the past year. The company is forecast to post earnings per share of zł14.22 for next year compared to zł13.26 last year.
분석 기사 • Feb 08Comarch S.A.'s (WSE:CMR) Share Price Not Quite Adding UpWhen close to half the companies in Poland have price-to-earnings ratios (or "P/E's") below 12x, you may consider...
공시 • Jan 10+ 4 more updatesComarch S.A. to Report Q3, 2024 Results on Nov 22, 2024Comarch S.A. announced that they will report Q3, 2024 results on Nov 22, 2024
공시 • Jan 06Comarch Announces Management ChangesComarch announced that the extraordinary general meeting has appointed Anna Pruska to the position of President of the Management Board, with Marcin Warwas and Marcin Kaleta appointed as Vice-Presidents. The changes in the composition of Comarch's Management Board took place following the death of former CEO Janusz Filipiak, who was Pruska's father. Pruska has been involved with Comarch since 2004. In 2013 she joined the company's Supervisory Board while in October 2023 she was entrusted by the Board to act as CEO. By education, Pruska is an economist and she holds a PhD in international relations.
공시 • Jan 04Comarch Announces Board AppointmentsComarch appointed Anna Pruska as chairwoman of the board. Marcin Warwas and Marcin Kaleta have been appointed as deputy chairman of the board. Ms. Anna Pruska, Mr. Marcin Warwas and Mr. Marcin Kaleta have been appointed to serve as members of Comarch's management board until the end of the current term of the board.
Price Target Changed • Nov 21Price target increased by 8.0% to zł179Up from zł166, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of zł178. Stock is up 19% over the past year. The company is forecast to post earnings per share of zł14.22 for next year compared to zł13.26 last year.
New Risk • Oct 05New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.9% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.9% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Sep 03Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: zł289.9m (down 32% from 2Q 2022). Net income: zł11.4m (down 7.9% from 2Q 2022). Profit margin: 3.9% (up from 2.9% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the IT industry in Europe. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 12% per year, which means it is performing significantly worse than earnings.
Upcoming Dividend • Jun 30Upcoming dividend of zł4.00 per share at 2.7% yieldEligible shareholders must have bought the stock before 07 July 2023. Payment date: 19 July 2023. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Polish dividend payers (7.2%). Lower than average of industry peers (3.1%).
분석 기사 • Jun 30Comarch (WSE:CMR) Is Paying Out A Dividend Of PLN4.00Comarch S.A. ( WSE:CMR ) will pay a dividend of PLN4.00 on the 19th of July. This means that the annual payment will be...
공시 • Jun 29Comarch Approves Dividend for 2022Comarch shareholders approved a PLN 32.5 million dividend payout from 2022 profit or PLN 4.0 DPS.
분석 기사 • Jun 02Comarch (WSE:CMR) Will Pay A Dividend Of PLN4.00Comarch S.A. ( WSE:CMR ) has announced that it will pay a dividend of PLN4.00 per share on the 19th of July. Based on...
공시 • May 30Comarch S.A., Annual General Meeting, Jun 28, 2023Comarch S.A., Annual General Meeting, Jun 28, 2023, at 11:00 Central European Standard Time. Location: at 33 prof. Michal Zyczkowski Street Krakow Poland Agenda: To consider opening of the General Meeting; to consider election of the Chairman of the Meeting; to consider election of the Returns Committee; to consider adoption of the agenda of the Meeting; to consider presentation of the Chairman of the Supervisory Board of the Company; to consider speech of the President of the company’s Management Board; to consider reports of the Company's authorities and the financial statements of the Company and the consolidated financial statements of the Comarch Capital Group for the financial year 01.01.2022 – 31.12.2022; and to consider any other matters.
Reported Earnings • May 24First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: zł427.6m (up 2.7% from 1Q 2022). Net income: zł23.1m (down 29% from 1Q 2022). Profit margin: 5.4% (down from 7.8% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the IT industry in Poland. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
공시 • Jan 03+ 5 more updatesComarch S.A. to Report Fiscal Year 2022 Final Results on Apr 28, 2023Comarch S.A. announced that they will report fiscal year 2022 final results at 11:30 AM, Central European Standard Time on Apr 28, 2023
분석 기사 • Dec 05Investors Will Want Comarch's (WSE:CMR) Growth In ROCE To PersistTo find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...
Valuation Update With 7 Day Price Move • Dec 02Investor sentiment improved over the past weekAfter last week's 18% share price gain to zł180, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 17x in the IT industry in Europe. Total loss to shareholders of 1.6% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at zł193 per share.
Reported Earnings • Nov 19Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: zł471.1m (up 22% from 3Q 2021). Net income: zł27.9m (down 7.9% from 3Q 2021). Profit margin: 5.9% (down from 7.9% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the IT industry in Poland. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
Price Target Changed • Nov 16Price target decreased to zł218Down from zł242, the current price target is an average from 4 analysts. New target price is 45% above last closing price of zł150. Stock is down 35% over the past year. The company is forecast to post earnings per share of zł12.29 for next year compared to zł14.82 last year.
Price Target Changed • Nov 05Price target decreased to zł218Down from zł242, the current price target is an average from 4 analysts. New target price is 44% above last closing price of zł151. Stock is down 35% over the past year. The company is forecast to post earnings per share of zł12.29 for next year compared to zł14.82 last year.
Reported Earnings • Sep 02Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: zł426.3m (up 26% from 2Q 2021). Net income: zł12.4m (down 57% from 2Q 2021). Profit margin: 2.9% (down from 8.4% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 6.3%, compared to a 7.4% growth forecast for the IT industry in Poland. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
분석 기사 • Aug 03Returns At Comarch (WSE:CMR) Are On The Way UpDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want...
Upcoming Dividend • Jul 01Upcoming dividend of zł4.00 per shareEligible shareholders must have bought the stock before 08 July 2022. Payment date: 20 July 2022. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Polish dividend payers (8.0%). Lower than average of industry peers (3.9%).
분석 기사 • Jun 25Comarch's (WSE:CMR) Upcoming Dividend Will Be Larger Than Last Year'sThe board of Comarch S.A. ( WSE:CMR ) has announced that it will be increasing its dividend on the 20th of July to...
분석 기사 • Jun 04Comarch's (WSE:CMR) Shareholders Will Receive A Bigger Dividend Than Last YearThe board of Comarch S.A. ( WSE:CMR ) has announced that the dividend on 20th of July will be increased to zł4.00...
Reported Earnings • May 22First quarter 2022 earnings: Revenues miss analyst expectationsFirst quarter 2022 results: Revenue: zł416.3m (up 8.4% from 1Q 2021). Net income: zł32.4m (up 24% from 1Q 2021). Profit margin: 7.8% (up from 6.8% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.3%. Over the next year, revenue is forecast to grow 5.2%, compared to a 7.1% growth forecast for the industry in Poland.
Buying Opportunity • Apr 20Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 13%. The fair value is estimated to be zł227, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.8% over the last 3 years. Earnings per share has grown by 34%. For the next 3 years, revenue is forecast to grow by 4.2% per annum. Earnings is forecast to decline by 2.1% per annum over the same time period.
Buying Opportunity • Mar 30Now 21% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be zł228, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.8% over the last 3 years. Earnings per share has grown by 34%. For the next 3 years, revenue is forecast to grow by 2.8% per annum. Earnings is forecast to decline by 4.8% per annum over the same time period.
Reported Earnings • Mar 03Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: zł14.82 (up from zł14.60 in FY 2020). Revenue: zł1.62b (up 5.7% from FY 2020). Net income: zł120.5m (up 1.5% from FY 2020). Profit margin: 7.4% (down from 7.7% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) also surpassed analyst estimates by 22%. Over the next year, revenue is forecast to grow 1.4%, compared to a 7.3% growth forecast for the industry in Poland. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Buying Opportunity • Feb 14Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 21%. The fair value is estimated to be zł230, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.1% per annum over the last 3 years. Earnings per share has grown by 37% per annum over the last 3 years.
Buying Opportunity • Jan 28Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be zł239, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.1% per annum over the last 3 years. Earnings per share has grown by 37% per annum over the last 3 years.
분석 기사 • Dec 30Comarch (WSE:CMR) Has A Rock Solid Balance SheetDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Price Target Changed • Nov 18Price target increased to zł274Up from zł247, the current price target is an average from 4 analysts. New target price is 21% above last closing price of zł227. Stock is up 16% over the past year. The company is forecast to post earnings per share of zł13.00 for next year compared to zł14.60 last year.
Price Target Changed • Oct 11Price target increased to zł262Up from zł238, the current price target is an average from 4 analysts. New target price is 8.7% above last closing price of zł241. Stock is up 21% over the past year.
분석 기사 • Sep 06We Think Comarch (WSE:CMR) Can Manage Its Debt With EaseWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Reported Earnings • Sep 05Second quarter 2021 earnings releasedThe company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: zł337.4m (up 1.9% from 2Q 2020). Net income: zł28.5m (up 40% from 2Q 2020). Profit margin: 8.4% (up from 6.1% in 2Q 2020). 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 16% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jul 26Investor sentiment improved over the past weekAfter last week's 17% share price gain to zł280, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 23x in the IT industry in Europe. Total returns to shareholders of 64% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at zł221 per share.
Upcoming Dividend • Jun 29Upcoming dividend of zł3.00 per shareEligible shareholders must have bought the stock before 05 July 2021. Payment date: 16 July 2021. Trailing yield: 1.2%. Lower than top quartile of Polish dividend payers (5.7%). Lower than average of industry peers (2.7%).
Reported Earnings • May 24First quarter 2021 earnings releasedThe company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: zł384.0m (up 1.6% from 1Q 2020). Net income: zł26.1m (up 84% from 1Q 2020). Profit margin: 6.8% (up from 3.8% in 1Q 2020). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
분석 기사 • May 16Are Comarch S.A. (WSE:CMR) Investors Paying Above The Intrinsic Value?In this article we are going to estimate the intrinsic value of Comarch S.A. ( WSE:CMR ) by projecting its future cash...
분석 기사 • May 03We Think Comarch (WSE:CMR) Can Manage Its Debt With EaseLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
분석 기사 • Mar 25Does Comarch (WSE:CMR) Deserve A Spot On Your Watchlist?For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
분석 기사 • Mar 09Comarch (WSE:CMR) Shareholders Have Enjoyed A 48% Share Price GainStock pickers are generally looking for stocks that will outperform the broader market. And in our experience, buying...
공시 • Mar 06Comarch Launches New Microsite Featuring Market-Leading Loyalty & Marketing SolutionsComarch announced the launch of its new microsite. The new site has been designed to offer the ultimate user-friendly experience with improved navigation and functionality while allowing customers to browse Comarch's offerings, including its new Loyalty Marketing Cloud. The site includes many new features to help users quickly and easily navigate the site and find relevant information. New features include an educational marketing hub, industry-specific thought leadership pages, and Comarch's upcoming Vodcast, "Coffee with Comarch Loyalty." Within the educational marketing hub, visitors can view content based on their level of loyalty knowledge, whether they be beginners or experts. Visitors can stay informed with the latest Comarch and industry news through the new industry hubs, which include spotlight pages on Retail, Grocery, Fuel & Convenience, and Travel.
Reported Earnings • Mar 03Full year 2020 earnings released: EPS zł14.60 (vs zł12.89 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: zł1.54b (up 6.9% from FY 2019). Net income: zł118.7m (up 13% from FY 2019). Profit margin: 7.7% (up from 7.3% 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 37% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Analyst Estimate Surprise Post Earnings • Mar 03Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 0.02%. Earnings per share (EPS) exceeded analyst estimates by 25%. Over the next year, revenue is forecast to grow 4.6%, compared to a 53% growth forecast for the IT industry in Poland.
Is New 90 Day High Low • Mar 02New 90-day high: zł205The company is up 4.0% from its price of zł198 on 02 December 2020. The Polish market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the IT industry, which is also up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is zł147 per share.
분석 기사 • Feb 22The Returns At Comarch (WSE:CMR) Provide Us With Signs Of What's To ComeIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
분석 기사 • Feb 10Is Comarch S.A. (WSE:CMR) A Smart Choice For Dividend Investors?Could Comarch S.A. ( WSE:CMR ) be an attractive dividend share to own for the long haul? Investors are often drawn to...
공시 • Feb 06Comarch S.A. Places PLN 203.9 Million Gross Winning Bid for Maintenance of IT System KSI At Social Insurance Board ZUSComarch S.A. placed PLN 203.9 million gross winning bid for maintenance of IT system KSI at social insurance board ZUS, the company said in a market filing. The contract shall run for a maximum of 77 months from the date of its signing, which Comarch will announce in a separate filing.
분석 기사 • Jan 31What Is The Ownership Structure Like For Comarch S.A. (WSE:CMR)?Every investor in Comarch S.A. ( WSE:CMR ) should be aware of the most powerful shareholder groups. Institutions will...
분석 기사 • Jan 18We Think Comarch (WSE:CMR) Can Manage Its Debt With EaseWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
공시 • Jan 09+ 4 more updatesComarch S.A. to Report First Half, 2021 Results on Aug 31, 2021Comarch S.A. announced that they will report first half, 2021 results on Aug 31, 2021
분석 기사 • Jan 05Comarch S.A. (WSE:CMR) Shares Could Be 27% Above Their Intrinsic Value EstimateDoes the January share price for Comarch S.A. ( WSE:CMR ) reflect what it's really worth? Today, we will estimate the...
분석 기사 • Dec 21Here's Why I Think Comarch (WSE:CMR) Might Deserve Your Attention TodaySome have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
Is New 90 Day High Low • Dec 18New 90-day low: zł186The company is down 10.0% from its price of zł206 on 18 September 2020. The Polish market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is zł151 per share.
분석 기사 • Dec 11Are Comarch S.A.'s (WSE:CMR) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?Comarch (WSE:CMR) has had a rough three months with its share price down 9.6%. But if you pay close attention, you...
Reported Earnings • Nov 19Third quarter 2020 earnings released: EPS zł3.98The company reported a poor third quarter result with weaker earnings and profit margins, although revenues were flat. Third quarter 2020 results: Revenue: zł353.7m (flat on 3Q 2019). Net income: zł32.5m (down 24% from 3Q 2019). Profit margin: 9.2% (down from 12% in 3Q 2019). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Analyst Estimate Surprise Post Earnings • Nov 19Revenue behind estimatesRevenue missed analyst estimates by 5.4%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 9.6%, compared to a 1,155% growth forecast for the IT industry in Poland.