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Asseco Poland SA
WSE:ACP

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Asseco Poland SA
WSE:ACP
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Price: 180.8 PLN -3%
Market Cap: zł15B

EV/S

0.6
Current
52%
More Expensive
vs 3-y average of 0.4

Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.

EV/S
0.6
=
Enterprise Value
zł9.1B
/
Revenue
zł16.8B

Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.

EV/S
0.6
=
Enterprise Value
zł9.1B
/
Revenue
zł16.8B

Valuation Scenarios

Asseco Poland SA is trading above its 3-year average

If EV/S returns to its 3-Year Average (0.4), the stock would be worth zł118.6 (34% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-35%
Maximum Upside
+464%
Average Upside
141%
Scenario EV/S Value Implied Price Upside/Downside
Current Multiple 0.6 zł180.8
0%
3-Year Average 0.4 zł118.6
-34%
5-Year Average 0.4 zł117.74
-35%
Industry Average 3.1 zł1 020.16
+464%
Country Average 1.5 zł489.2
+171%

Forward EV/S
Today’s price vs future revenue

Today's Enterprise Value Revenue Forward EV/S
zł9.1B
/
Jan 2026
zł16.8B
=
0.6
Current
zł9.1B
/
Dec 2026
zł19.2B
=
0.5
Forward
zł9.1B
/
Dec 2027
zł20.6B
=
0.4
Forward
zł9.1B
/
Dec 2028
zł21.8B
=
0.4
Forward
zł9.1B
/
Dec 2029
zł24.9B
=
0.4
Forward
zł9.1B
/
Dec 2030
zł26.1B
=
0.3
Forward
zł9.1B
/
Dec 2031
zł27.4B
=
0.3
Forward
zł9.1B
/
Dec 2032
zł28.8B
=
0.3
Forward
zł9.1B
/
Dec 2033
zł30.2B
=
0.3
Forward

Forward EV/S shows whether today’s EV/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
EV/S
P/E
All Countries
Close
Market Cap EV/S P/E
PL
Asseco Poland SA
WSE:ACP
15B PLN 0.6 12.8
US
Microsoft Corp
NASDAQ:MSFT
3.2T USD 10.3 26.5
US
Oracle Corp
NYSE:ORCL
497.3B USD 9.2 30.7
US
Palo Alto Networks Inc
NASDAQ:PANW
149.2B USD 14.8 100.3
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
115.2B USD 23 -708.8
US
ServiceNow Inc
NYSE:NOW
93.7B USD 6.4 53.3
US
VMware Inc
XETRA:BZF1
58B EUR 5.2 47.9
US
Fortinet Inc
NASDAQ:FTNT
63.7B USD 8.9 34.3
US
Xperi Holding Corp
LSE:0M2A
54.6B USD 123.8 491.7
CN
Knowledge Atlas Technology JSC Ltd
HKEX:2513
402.6B HKD 481.3 -74.6
CN
MiniMax Group Inc
HKEX:100
229.1B HKD 403.7 -15.6
P/E Multiple
Earnings Growth PEG
PL
A
Asseco Poland SA
WSE:ACP
Average P/E: 99.7
12.8
-13%
N/A
US
Microsoft Corp
NASDAQ:MSFT
26.5
18%
1.5
US
Oracle Corp
NYSE:ORCL
30.7
37%
0.8
US
Palo Alto Networks Inc
NASDAQ:PANW
100.3
50%
2
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
Negative Multiple: -708.8 N/A N/A
US
ServiceNow Inc
NYSE:NOW
53.3
54%
1
US
V
VMware Inc
XETRA:BZF1
47.9
39%
1.2
US
Fortinet Inc
NASDAQ:FTNT
34.3
15%
2.3
US
Xperi Holding Corp
LSE:0M2A
491.7
N/A N/A
CN
K
Knowledge Atlas Technology JSC Ltd
HKEX:2513
Negative Multiple: -74.6 N/A N/A
CN
MiniMax Group Inc
HKEX:100
Negative Multiple: -15.6 N/A N/A

Market Distribution

Lower than 75% of companies in Poland
Percentile
25th
Based on 446 companies
25th percentile
0.6
Low
0 — 0.7
Typical Range
0.7 — 3.3
High
3.3 —
Distribution Statistics
Poland
Min 0
30th Percentile 0.7
Median 1.5
70th Percentile 3.3
Max 491.2

Asseco Poland SA
Glance View

Market Cap
15B PLN
Industry
Technology

In the vibrant tapestry of Poland’s burgeoning tech industry, Asseco Poland SA stands as a prominent figure, woven with threads of innovation and strategic acumen. Born in 1991 in Rzeszów, this company evolved from modest beginnings into Poland's largest software house and a formidable force in the European IT sector. Asseco is recognized for its prowess in developing robust solutions tailored to diverse industries such as banking, healthcare, and public administration. The company has carved out a substantial niche by focusing on the localization of software products, which allows it to cater precisely to the needs of various national markets. Through its decentralized structure, Asseco empowers local subsidiaries, ensuring each entity possesses the agility and entrepreneurial spirit to meet specific client demands. Revenue streams for Asseco Poland flow from a well-diversified portfolio of products and services. At its core, Asseco leverages its software expertise to not only build custom IT solutions but also to offer long-term maintenance and support, thus establishing enduring client relationships. These engagements often lead to recurring revenue, which forms the backbone of the company’s financial stability. Furthermore, Asseco's strategic mergers and acquisitions across Europe and beyond have been crucial in expanding its footprint while integrating diverse technologies and business practices. This strategy not only boosts its market presence but also broadens its product offerings, ensuring that Asseco remains at the forefront of technological advancement and industry trends. As a result, Asseco Poland SA consistently thrives in a competitive landscape, crafting tailored solutions that address both current and emerging IT challenges.

ACP Intrinsic Value
143.74 PLN
Overvaluation 20%
Intrinsic Value
Price zł180.8
A
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