Asseco South Eastern Europe Valuation
Is ASE undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
3/6Valuation Score 3/6
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 ASE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: ASE (PLN50) is trading below our estimate of fair value (PLN60.39)
Significantly Below Fair Value: ASE 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 ASE?
Other financial metrics that can be useful for relative valuation.
| What is ASE's n/a Ratio? | |
|---|---|
| n/a | 0x |
| n/a | n/a |
| Market Cap | zł2.59b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 1.5x |
| Enterprise Value/EBITDA | 9.1x |
| PEG Ratio | n/a |
Price to Earnings Ratio vs Peers
How does ASE's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 22.4x | ||
CMR Comarch | 18.8x | 13.8% | zł2.0b |
SGN Sygnity | 36.4x | n/a | zł1.5b |
CMP Comp | 11.1x | n/a | zł344.3m |
SPR Spyrosoft Spólka Akcyjna | 23.3x | n/a | zł458.4m |
ASE Asseco South Eastern Europe | 12.8x | n/a | zł2.6b |
Price-To-Earnings vs Peers: ASE is good value based on its Price-To-Earnings Ratio (12.8x) compared to the peer average (22.4x).
Price to Earnings Ratio vs Industry
How does ASE's PE Ratio compare vs other companies in the PL IT Industry?
Price-To-Earnings vs Industry: ASE is good value based on its Price-To-Earnings Ratio (12.8x) compared to the European IT industry average (20.1x).
Price to Earnings Ratio vs Fair Ratio
What is ASE'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 | 12.8x |
| Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate ASE'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 | zł50.00 | zł54.67 +9.3% | 2.3% | zł56.00 | zł53.00 | n/a | 3 |
| Apr ’25 | zł50.00 | zł54.67 +9.3% | 2.3% | zł56.00 | zł53.00 | n/a | 3 |
| Mar ’25 | zł48.60 | zł53.00 +9.1% | 4.6% | zł56.00 | zł50.00 | n/a | 3 |
| Feb ’25 | zł53.60 | zł53.33 -0.5% | 4.7% | zł56.00 | zł50.00 | n/a | 3 |
| Jan ’25 | zł49.10 | zł53.33 +8.6% | 4.7% | zł56.00 | zł50.00 | n/a | 3 |
| Dec ’24 | zł47.00 | zł52.17 +11.0% | 3.2% | zł54.00 | zł50.00 | n/a | 3 |
| Nov ’24 | zł46.00 | zł52.50 +14.1% | 3.9% | zł55.00 | zł50.00 | n/a | 3 |
| Oct ’24 | zł46.80 | zł52.50 +12.2% | 3.9% | zł55.00 | zł50.00 | n/a | 3 |
| Sep ’24 | zł47.50 | zł52.50 +10.5% | 3.9% | zł55.00 | zł50.00 | n/a | 3 |
| Aug ’24 | zł50.60 | zł52.50 +3.8% | 3.9% | zł55.00 | zł50.00 | n/a | 3 |
| Jul ’24 | zł48.20 | zł52.50 +8.9% | 3.9% | zł55.00 | zł50.00 | n/a | 3 |
| Jun ’24 | zł49.00 | zł53.00 +8.2% | 2.8% | zł55.00 | zł51.50 | n/a | 3 |
| May ’24 | zł52.00 | zł51.33 -1.3% | 2.0% | zł52.50 | zł50.00 | zł50.00 | 3 |
| Apr ’24 | zł50.00 | zł51.33 +2.7% | 2.0% | zł52.50 | zł50.00 | zł50.00 | 3 |
| Mar ’24 | zł49.40 | zł51.25 +3.7% | 2.4% | zł52.50 | zł50.00 | zł48.60 | 2 |
| Feb ’24 | zł43.90 | zł51.25 +16.7% | 2.4% | zł52.50 | zł50.00 | zł53.60 | 2 |
| Jan ’24 | zł43.50 | zł48.43 +11.3% | 8.5% | zł52.50 | zł42.80 | zł49.10 | 3 |
| Dec ’23 | zł44.80 | zł46.40 +3.6% | 7.8% | zł50.00 | zł42.80 | zł47.00 | 2 |
| Nov ’23 | zł42.00 | zł46.40 +10.5% | 7.8% | zł50.00 | zł42.80 | zł46.00 | 2 |
| Oct ’23 | zł41.00 | zł46.40 +13.2% | 7.8% | zł50.00 | zł42.80 | zł46.80 | 2 |
| Sep ’23 | zł44.90 | zł45.43 +1.2% | 7.1% | zł50.00 | zł42.80 | zł47.50 | 3 |
| Aug ’23 | zł44.70 | zł45.43 +1.6% | 7.1% | zł50.00 | zł42.80 | zł50.60 | 3 |
| Jul ’23 | zł37.10 | zł45.43 +22.5% | 7.1% | zł50.00 | zł42.80 | zł48.20 | 3 |
| Jun ’23 | zł46.60 | zł48.33 +3.7% | 7.2% | zł51.50 | zł43.50 | zł49.00 | 3 |
| May ’23 | zł47.00 | zł48.33 +2.8% | 7.2% | zł51.50 | zł43.50 | zł52.00 | 3 |
Analyst Forecast: Target price is less than 20% higher than the current share price.