Asseco Poland Valuation
Is ACP undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
5/6Valuation Score 5/6
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 ACP when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: ACP (PLN79.2) is trading below our estimate of fair value (PLN256.42)
Significantly Below Fair Value: ACP is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for ACP?
Other financial metrics that can be useful for relative valuation.
| What is ACP's n/a Ratio? | |
|---|---|
| n/a | 0x |
| n/a | n/a |
| Market Cap | zł5.40b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 0.6x |
| Enterprise Value/EBITDA | 4.8x |
| PEG Ratio | 1.3x |
Price to Earnings Ratio vs Peers
How does ACP's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 25.3x | ||
ABS Asseco Business Solutions | 20.4x | n/a | zł2.0b |
XPL Xplus | 60.2x | n/a | zł106.2m |
LSI LSI Software | 8.2x | n/a | zł48.9m |
TXT Text | 12.2x | 1.4% | zł2.3b |
ACP Asseco Poland | 11.2x | 8.3% | zł5.4b |
Price-To-Earnings vs Peers: ACP is good value based on its Price-To-Earnings Ratio (11.2x) compared to the peer average (25.3x).
Price to Earnings Ratio vs Industry
How does ACP's PE Ratio compare vs other companies in the PL Software Industry?
Price-To-Earnings vs Industry: ACP is good value based on its Price-To-Earnings Ratio (11.2x) compared to the Polish Software industry average (21.2x).
Price to Earnings Ratio vs Fair Ratio
What is ACP'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 | 11.2x |
| Fair PE Ratio | 24x |
Price-To-Earnings vs Fair Ratio: ACP is good value based on its Price-To-Earnings Ratio (11.2x) compared to the estimated Fair Price-To-Earnings Ratio (24x).
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 | zł79.20 | zł89.14 +12.6% | 8.1% | zł103.00 | zł82.60 | n/a | 5 |
| Apr ’25 | zł77.50 | zł89.14 +15.0% | 8.1% | zł103.00 | zł82.60 | n/a | 5 |
| Mar ’25 | zł75.25 | zł89.14 +18.5% | 8.1% | zł103.00 | zł82.60 | n/a | 5 |
| Feb ’25 | zł72.95 | zł89.14 +22.2% | 8.1% | zł103.00 | zł82.60 | n/a | 5 |
| Jan ’25 | zł73.10 | zł89.14 +21.9% | 8.1% | zł103.00 | zł82.60 | n/a | 5 |
| Dec ’24 | zł77.05 | zł89.14 +15.7% | 8.1% | zł103.00 | zł82.60 | n/a | 5 |
| Nov ’24 | zł77.05 | zł91.70 +19.0% | 7.5% | zł103.00 | zł84.40 | n/a | 5 |
| Oct ’24 | zł71.70 | zł94.08 +31.2% | 11.1% | zł112.00 | zł86.00 | n/a | 4 |
| Sep ’24 | zł74.30 | zł94.46 +27.1% | 9.9% | zł112.00 | zł86.00 | n/a | 5 |
| Aug ’24 | zł80.35 | zł93.74 +16.7% | 10.8% | zł112.00 | zł82.40 | n/a | 5 |
| Jul ’24 | zł80.25 | zł92.00 +14.6% | 14.5% | zł112.00 | zł77.60 | n/a | 4 |
| Jun ’24 | zł83.60 | zł92.00 +10.0% | 14.5% | zł112.00 | zł77.60 | n/a | 4 |
| May ’24 | zł84.40 | zł88.00 +4.3% | 14.4% | zł112.00 | zł77.60 | n/a | 5 |
| Apr ’24 | zł76.10 | zł88.00 +15.6% | 14.4% | zł112.00 | zł77.60 | zł77.50 | 5 |
| Mar ’24 | zł80.40 | zł88.00 +9.5% | 14.4% | zł112.00 | zł77.60 | zł75.25 | 5 |
| Feb ’24 | zł75.75 | zł88.00 +16.2% | 14.4% | zł112.00 | zł77.60 | zł72.95 | 5 |
| Jan ’24 | zł72.60 | zł88.00 +21.2% | 14.4% | zł112.00 | zł77.60 | zł73.10 | 5 |
| Dec ’23 | zł74.10 | zł88.00 +18.8% | 14.4% | zł112.00 | zł77.60 | zł77.05 | 5 |
| Nov ’23 | zł68.75 | zł86.36 +25.6% | 15.2% | zł112.00 | zł75.40 | zł77.05 | 5 |
| Oct ’23 | zł69.15 | zł87.86 +27.1% | 14.0% | zł112.00 | zł77.80 | zł71.70 | 5 |
| Sep ’23 | zł70.25 | zł87.86 +25.1% | 14.0% | zł112.00 | zł77.80 | zł74.30 | 5 |
| Aug ’23 | zł72.70 | zł87.86 +20.9% | 14.0% | zł112.00 | zł77.80 | zł80.35 | 5 |
| Jul ’23 | zł75.95 | zł94.76 +24.8% | 10.1% | zł112.00 | zł83.00 | zł80.25 | 5 |
| Jun ’23 | zł77.20 | zł98.16 +27.2% | 7.8% | zł112.00 | zł90.10 | zł83.60 | 5 |
| May ’23 | zł77.95 | zł98.16 +25.9% | 7.8% | zł112.00 | zł90.10 | zł84.40 | 5 |
| Apr ’23 | zł79.60 | zł99.48 +25.0% | 8.1% | zł112.00 | zł90.10 | zł76.10 | 4 |
Analyst Forecast: Target price is less than 20% higher than the current share price.