A.P.N. Promise S.A. provides IT solutions, products, and services to various business entities and individual customers in Poland. More Details
+ 1 more risk
Excellent balance sheet unattractive dividend payer.
Share Price & News
How has A.P.N. Promise's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PRO is not significantly more volatile than the rest of Polish stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: PRO's weekly volatility has decreased from 16% to 9% over the past year.
7 Day Return
1 Year Return
Return vs Industry: PRO exceeded the Polish IT industry which returned 32.4% over the past year.
Return vs Market: PRO exceeded the Polish Market which returned -5.8% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is A.P.N. Promise's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall StIs A.P.N. Promise S.A. (WSE:PRO) An Attractive Dividend Stock?
1 month ago | Simply Wall StShould We Be Cautious About A.P.N. Promise S.A.'s (WSE:PRO) ROE Of 6.3%?
2 months ago | Simply Wall StDoes A.P.N. Promise (WSE:PRO) Have A Healthy Balance Sheet?
Is A.P.N. Promise undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: PRO (PLN4.92) is trading above our estimate of fair value (PLN2.52)
Significantly Below Fair Value: PRO is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PRO is poor value based on its PE Ratio (15x) compared to the PL IT industry average (12.5x).
PE vs Market: PRO is poor value based on its PE Ratio (15x) compared to the Polish market (12.6x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PRO's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PRO is good value based on its PB Ratio (2x) compared to the PL IT industry average (2.1x).
How is A.P.N. Promise forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Software industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as A.P.N. Promise has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine A.P.N. Promise's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- A.P.N. Promise competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Software industry.
How has A.P.N. Promise performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PRO has high quality earnings.
Growing Profit Margin: PRO's current net profit margins (0.5%) are lower than last year (1.2%).
Past Earnings Growth Analysis
Earnings Trend: PRO's earnings have declined by 7.2% per year over the past 5 years.
Accelerating Growth: PRO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: PRO had negative earnings growth (-55.4%) over the past year, making it difficult to compare to the IT industry average (30.7%).
Return on Equity
High ROE: PRO's Return on Equity (13.6%) is considered low.
How is A.P.N. Promise's financial position?
Financial Position Analysis
Short Term Liabilities: PRO's short term assets (PLN117.1M) exceed its short term liabilities (PLN97.3M).
Long Term Liabilities: PRO's short term assets (PLN117.1M) exceed its long term liabilities (PLN6.3M).
Debt to Equity History and Analysis
Debt Level: PRO's debt to equity ratio (112.1%) is considered high.
Reducing Debt: PRO's debt to equity ratio has reduced from 114.3% to 112.1% over the past 5 years.
Debt Coverage: PRO's debt is well covered by operating cash flow (22.8%).
Interest Coverage: PRO's interest payments on its debt are well covered by EBIT (6.1x coverage).
What is A.P.N. Promise current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PRO's dividend (4.07%) is higher than the bottom 25% of dividend payers in the Polish market (1.82%).
High Dividend: PRO's dividend (4.07%) is low compared to the top 25% of dividend payers in the Polish market (5.66%).
Stability and Growth of Payments
Stable Dividend: PRO has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: PRO has only been paying a dividend for 4 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (61.2%), PRO's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Piotr Tomasz Paszczyk has been President of The Management Board at APN Promise Spólka Akcyjna since March 31, 2008. Mr. Paszczyk has been a Member of The Management Board at APN Promise Spólka Akcyjna...
|Secretary of the Supervisory Board and Member of the Supervisory Board||8.33yrs||no data||no data|
|Vice Chairman of the Supervisory Board||no data||no data||no data|
|Chairman of the Supervisory Board||9.67yrs||no data||no data|
|Member of the Supervisory Board||4.42yrs||no data||no data|
|Member of the Supervisory Board||4.33yrs||no data||no data|
Experienced Board: PRO's board of directors are considered experienced (6.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
A.P.N. Promise S.A.'s company bio, employee growth, exchange listings and data sources
- Name: A.P.N. Promise S.A.
- Ticker: PRO
- Exchange: WSE
- Founded: 1991
- Industry: IT Consulting and Other Services
- Sector: Software
- Market Cap: zł49.582m
- Shares outstanding: 10.08m
- Website: https://www.apnpromise.pl
Number of Employees
- A.P.N. Promise S.A.
- ul. Domaniewska 44a
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PRO||WSE (Warsaw Stock Exchange)||Yes||Common Bearer Shares||PL||PLN||Feb 2013|
A.P.N. Promise S.A. provides IT solutions, products, and services to various business entities and individual customers in Poland. The company supports for the long-term licensing agreements and optimizati...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/28 18:03|
|End of Day Share Price||2020/11/27 00:00|
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.