Asseco Business Solutions S.A.

WSE:ABS Stock Report

Market Cap: zł1.9b

Asseco Business Solutions Valuation

Is ABS undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of ABS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ABS (PLN58.4) is trading below our estimate of fair value (PLN80.48)

Significantly Below Fair Value: ABS is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ABS?

Key metric: As ABS is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for ABS. This is calculated by dividing ABS's market cap by their current earnings.
What is ABS's PE Ratio?
PE Ratio18.4x
Earningszł104.28m
Market Capzł1.92b

Price to Earnings Ratio vs Peers

How does ABS's PE Ratio compare to its peers?

The above table shows the PE ratio for ABS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average18.1x
ACP Asseco Poland
12.6x8.3%zł6.4b
WAS Wasko
7.9xn/azł133.6m
XPL Xplus
42.8xn/azł134.4m
LSI LSI Software
9xn/azł52.2m
ABS Asseco Business Solutions
18.4xn/azł1.9b

Price-To-Earnings vs Peers: ABS is expensive based on its Price-To-Earnings Ratio (18.4x) compared to the peer average (18.1x).

Price to Earnings Ratio vs Industry

How does ABS's PE Ratio compare vs other companies in the PL Software Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
ABS 18.4xIndustry Avg. 13.9xNo. of Companies3PE0816243240+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ABS is expensive based on its Price-To-Earnings Ratio (18.4x) compared to the Polish Software industry average (13.9x).

Price to Earnings Ratio vs Fair Ratio

What is ABS's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ABS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio18.4x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate ABS's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst ABS forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentzł58.40
zł57.50
-1.5%
4.3%zł60.00zł55.00n/a2
Dec ’25zł51.00
zł57.67
+13.1%
3.6%zł60.00zł55.00n/a3
Nov ’25zł57.20
zł57.00
-0.3%
2.5%zł58.00zł55.00n/a3
Oct ’25zł57.40
zł57.00
-0.7%
2.5%zł58.00zł55.00n/a3
Sep ’25zł60.20
zł57.00
-5.3%
2.5%zł58.00zł55.00n/a3
Aug ’25zł54.20
zł58.50
+7.9%
0.9%zł59.00zł58.00n/a2
May ’25zł62.00
zł56.50
-8.9%
2.7%zł58.00zł55.00n/a2
Apr ’25zł53.60
zł56.50
+5.4%
2.7%zł58.00zł55.00n/a2
Jan ’25zł48.00
zł49.80
+3.7%
10.4%zł55.00zł44.60n/a2
Dec ’24zł49.90
zł49.80
-0.2%
10.4%zł55.00zł44.60zł51.002
Nov ’24zł44.20
zł45.45
+2.8%
1.9%zł46.30zł44.60zł57.202
Oct ’24zł41.00
zł45.45
+10.9%
1.9%zł46.30zł44.60zł57.402
Sep ’24zł40.50
zł45.45
+12.2%
1.9%zł46.30zł44.60zł60.202
Aug ’24zł40.50
zł43.30
+6.9%
3.0%zł44.60zł42.00zł54.202
Jul ’24zł39.40
zł43.30
+9.9%
3.0%zł44.60zł42.00zł64.602
Jun ’24zł41.60
zł41.80
+0.5%
0.5%zł42.00zł41.60zł59.602
May ’24zł38.40
zł39.80
+3.6%
4.5%zł41.60zł38.00zł62.002
Apr ’24zł37.90
zł39.80
+5.0%
4.5%zł41.60zł38.00zł53.602
Mar ’24zł37.90
zł36.20
-4.5%
5.0%zł38.00zł34.40zł54.802
Feb ’24zł35.60
zł36.20
+1.7%
5.0%zł38.00zł34.40zł53.202
Jan ’24zł33.40
zł35.70
+6.9%
3.6%zł37.00zł34.40zł48.002
Dec ’23zł31.20
zł35.70
+14.4%
3.6%zł37.00zł34.40zł49.902

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 22:53
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Asseco Business Solutions S.A. is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kamil KliszczBiuro maklerskie mBanku
Milena Olszewska-MiszurisING Groep NV
Pawel PuchalskiSantander Brokerage Poland