Asseco Business Solutions Valuation
Is ABS undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation 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 (PLN62) is trading below our estimate of fair value (PLN66.52)
Significantly Below Fair Value: ABS is trading below fair value, but not by a significant amount.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for ABS?
Other financial metrics that can be useful for relative valuation.
| What is ABS's n/a Ratio? | |
|---|---|
| n/a | 0x |
| n/a | n/a |
| Market Cap | zł2.07b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 5.2x |
| Enterprise Value/EBITDA | 16.8x |
| PEG Ratio | n/a |
Price to Earnings Ratio vs Peers
How does ABS's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 24.8x | ||
ACP Asseco Poland | 11.3x | 8.3% | zł5.5b |
XPL Xplus | 59.3x | n/a | zł104.5m |
LSI LSI Software | 8x | n/a | zł47.6m |
QNT Quantum software | 20.5x | n/a | zł31.9m |
ABS Asseco Business Solutions | 21x | n/a | zł2.1b |
Price-To-Earnings vs Peers: ABS is good value based on its Price-To-Earnings Ratio (21x) compared to the peer average (24.8x).
Price to Earnings Ratio vs Industry
How does ABS's PE Ratio compare vs other companies in the PL Software Industry?
Price-To-Earnings vs Industry: ABS is expensive based on its Price-To-Earnings Ratio (21x) compared to the Polish Software industry average (20.5x).
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.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 21x |
| Fair PE Ratio | n/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?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | zł62.00 | zł56.50 -8.9% | 2.7% | zł58.00 | zł55.00 | n/a | 2 |
| Apr ’25 | zł53.60 | zł56.50 +5.4% | 2.7% | zł58.00 | zł55.00 | n/a | 2 |
| Jan ’25 | zł48.00 | zł49.80 +3.7% | 10.4% | zł55.00 | zł44.60 | n/a | 2 |
| Dec ’24 | zł49.90 | zł49.80 -0.2% | 10.4% | zł55.00 | zł44.60 | n/a | 2 |
| Nov ’24 | zł44.20 | zł45.45 +2.8% | 1.9% | zł46.30 | zł44.60 | n/a | 2 |
| Oct ’24 | zł41.00 | zł45.45 +10.9% | 1.9% | zł46.30 | zł44.60 | n/a | 2 |
| Sep ’24 | zł40.50 | zł45.45 +12.2% | 1.9% | zł46.30 | zł44.60 | n/a | 2 |
| Aug ’24 | zł40.50 | zł43.30 +6.9% | 3.0% | zł44.60 | zł42.00 | n/a | 2 |
| Jul ’24 | zł39.40 | zł43.30 +9.9% | 3.0% | zł44.60 | zł42.00 | n/a | 2 |
| Jun ’24 | zł41.60 | zł41.80 +0.5% | 0.5% | zł42.00 | zł41.60 | n/a | 2 |
| May ’24 | zł38.40 | zł39.80 +3.6% | 4.5% | zł41.60 | zł38.00 | zł62.00 | 2 |
| Apr ’24 | zł37.90 | zł39.80 +5.0% | 4.5% | zł41.60 | zł38.00 | zł53.60 | 2 |
| Mar ’24 | zł37.90 | zł36.20 -4.5% | 5.0% | zł38.00 | zł34.40 | zł54.80 | 2 |
| Feb ’24 | zł35.60 | zł36.20 +1.7% | 5.0% | zł38.00 | zł34.40 | zł53.20 | 2 |
| Jan ’24 | zł33.40 | zł35.70 +6.9% | 3.6% | zł37.00 | zł34.40 | zł48.00 | 2 |
| Dec ’23 | zł31.20 | zł35.70 +14.4% | 3.6% | zł37.00 | zł34.40 | zł49.90 | 2 |
| Nov ’23 | zł28.80 | zł39.20 +36.1% | 12.2% | zł44.00 | zł34.40 | zł44.20 | 2 |
| Oct ’23 | zł31.30 | zł39.20 +25.2% | 12.2% | zł44.00 | zł34.40 | zł41.00 | 2 |
| Sep ’23 | zł36.10 | zł40.45 +12.0% | 8.8% | zł44.00 | zł36.90 | zł40.50 | 2 |
| Aug ’23 | zł38.80 | zł40.45 +4.3% | 8.8% | zł44.00 | zł36.90 | zł40.50 | 2 |
| Jul ’23 | zł39.80 | zł43.15 +8.4% | 2.0% | zł44.00 | zł42.30 | zł39.40 | 2 |
| Jun ’23 | zł40.70 | zł43.15 +6.0% | 2.0% | zł44.00 | zł42.30 | zł41.60 | 2 |
| May ’23 | zł40.40 | zł43.15 +6.8% | 2.0% | zł44.00 | zł42.30 | zł38.40 | 2 |
Analyst Forecast: Target price is lower than the current share price.