(ABS) Asseco Business Solutions - Ratings and Ratios
ERP, Cloud, Sales, Portal, Factoring
ABS EPS (Earnings per Share)
ABS Revenue
Description: ABS Asseco Business Solutions
Asseco Business Solutions S.A. is a leading provider of enterprise software solutions, offering a range of products including ERP systems, business cloud solutions, and e-commerce platforms to various industries such as FMCG, retail, and automotive. The companys diverse product portfolio caters to the needs of large, medium, and small enterprises, making it a significant player in the application software industry.
From a financial perspective, Asseco Business Solutions S.A. has demonstrated strong performance, with a Return on Equity (RoE) of 32.35%, indicating efficient use of shareholder capital. The companys Market Capitalization stands at 2917.33M PLN, with a Price-to-Earnings (P/E) ratio of 24.49, suggesting a relatively stable valuation. To further evaluate the companys financial health, additional KPIs such as Revenue Growth Rate, Operating Margin, and Debt-to-Equity ratio would be essential.
To assess the companys growth prospects, it is crucial to examine its research and development (R&D) investments, customer acquisition strategies, and competitive positioning within the industry. Asseco Business Solutions S.A.s presence in various industries and its diverse product offerings provide a solid foundation for future growth. Key metrics to monitor include the companys R&D expenditure as a percentage of revenue, customer retention rates, and market share.
From a valuation perspective, analyzing the companys Price-to-Sales (P/S) ratio, Enterprise Value-to-EBITDA (EV/EBITDA) ratio, and dividend yield would provide a more comprehensive understanding of its stock performance. Asseco Business Solutions S.A.s stock has shown a significant increase over the past year, with a 52-week high of 91.98 and a low of 49.17, indicating a potential for long-term growth.
ABS Stock Overview
| Market Cap in USD | 788m |
| Sub-Industry | Application Software |
| IPO / Inception |
ABS Stock Ratings
| Growth Rating | 91.6% |
| Fundamental | 92.7% |
| Dividend Rating | 81.6% |
| Return 12m vs S&P 500 | 32.0% |
| Analyst Rating | - |
ABS Dividends
| Dividend Yield 12m | 4.41% |
| Yield on Cost 5y | 12.00% |
| Annual Growth 5y | 7.63% |
| Payout Consistency | 98.7% |
| Payout Ratio | 113.0% |
ABS Growth Ratios
| Growth Correlation 3m | 25.2% |
| Growth Correlation 12m | 89.6% |
| Growth Correlation 5y | 90.8% |
| CAGR 5y | 25.43% |
| CAGR/Max DD 5y | 0.75 |
| Sharpe Ratio 12m | -0.14 |
| Alpha | 48.92 |
| Beta | 0.041 |
| Volatility | 26.82% |
| Current Volume | 4.8k |
| Average Volume 20d | 1.5k |
| Stop Loss | 82.1 (-3.4%) |
| Signal | 1.19 |
Piotroski VR‑10 (Strict, 0-10) 9.5
| Net Income (119.6m TTM) > 0 and > 6% of Revenue (6% = 26.2m TTM) |
| FCFTA 0.24 (>2.0%) and ΔFCFTA 5.50pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 14.55% (prev 15.98%; Δ -1.42pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.31 (>3.0%) and CFO 167.5m > Net Income 119.6m (YES >=105%, WARN >=100%) |
| Net Debt (52.5m) to EBITDA (121.5m) ratio: 0.43 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.88 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (33.0m) change vs 12m ago -1.25% (target <= -2.0% for YES) |
| Gross Margin 43.22% (prev 41.03%; Δ 2.19pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 82.98% (prev 75.26%; Δ 7.71pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 64.17 (EBITDA TTM 121.5m / Interest Expense TTM 1.89m) >= 6 (WARN >= 3) |
Altman Z'' 5.56
| (A) 0.12 = (Total Current Assets 135.7m - Total Current Liabilities 72.1m) / Total Assets 533.7m |
| (B) 0.40 = Retained Earnings (Balance) 212.5m / Total Assets 533.7m |
| (C) 0.23 = EBIT TTM 121.5m / Avg Total Assets 526.8m |
| (D) 1.84 = Book Value of Equity 212.5m / Total Liabilities 115.3m |
| Total Rating: 5.56 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 92.70
| 1. Piotroski 9.50pt = 4.50 |
| 2. FCF Yield 4.32% = 2.16 |
| 3. FCF Margin 28.92% = 7.23 |
| 4. Debt/Equity 0.28 = 2.46 |
| 5. Debt/Ebitda 0.95 = 1.84 |
| 6. ROIC - WACC 24.06% = 12.50 |
| 7. RoE 32.35% = 2.50 |
| 8. Rev. Trend 83.27% = 4.16 |
| 9. Rev. CAGR 12.54% = 1.57 |
| 10. EPS Trend 67.90% = 1.70 |
| 11. EPS CAGR 20.82% = 2.08 |
What is the price of ABS shares?
Over the past week, the price has changed by -0.93%, over one month by -2.95%, over three months by -3.60% and over the past year by +51.51%.
Is Asseco Business Solutions a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of ABS is around 102.78 PLN . This means that ABS is currently undervalued and has a potential upside of +20.92% (Margin of Safety).
Is ABS a buy, sell or hold?
What are the forecasts/targets for the ABS price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 78 | -8.2% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 112 | 31.7% |
ABS Fundamental Data Overview
Market Cap PLN = 2.87b (2.87b PLN * 1.0 PLN.PLN)
CCE Cash And Equivalents = 62.9m PLN (Cash only, last quarter)
P/E Trailing = 24.0997
P/S = 6.5689
P/B = 8.5852
Beta = 0.463
Revenue TTM = 437.1m PLN
EBIT TTM = 121.5m PLN
EBITDA TTM = 121.5m PLN
Long Term Debt = 43.3m PLN (from nonCurrentLiabilitiesTotal, last quarter)
Short Term Debt = 72.1m PLN (from totalCurrentLiabilities, last quarter)
Debt = 115.3m PLN (Calculated: Short Term 72.1m + Long Term 43.3m)
Net Debt = 52.5m PLN (calculated as Total Debt 115.3m - CCE 62.9m)
Enterprise Value = 2.92b PLN (2.87b + Debt 115.3m - CCE 62.9m)
Interest Coverage Ratio = 64.17 (Ebit TTM 121.5m / Interest Expense TTM 1.89m)
FCF Yield = 4.32% (FCF TTM 126.4m / Enterprise Value 2.92b)
FCF Margin = 28.92% (FCF TTM 126.4m / Revenue TTM 437.1m)
Net Margin = 27.36% (Net Income TTM 119.6m / Revenue TTM 437.1m)
Gross Margin = 43.22% ((Revenue TTM 437.1m - Cost of Revenue TTM 248.2m) / Revenue TTM)
Tobins Q-Ratio = 13.76 (Enterprise Value 2.92b / Book Value Of Equity 212.5m)
Interest Expense / Debt = 0.30% (Interest Expense 351.0k / Debt 115.3m)
Taxrate = 7.45% (from yearly Tax Provision: 9.26m / 124.3m)
NOPAT = 112.4m (EBIT 121.5m * (1 - 7.45%))
Current Ratio = 1.88 (Total Current Assets 135.7m / Total Current Liabilities 72.1m)
Debt / Equity = 0.28 (Debt 115.3m / last Quarter total Stockholder Equity 417.0m)
Debt / EBITDA = 0.95 (Net Debt 52.5m / EBITDA 121.5m)
Debt / FCF = 0.91 (Debt 115.3m / FCF TTM 126.4m)
Total Stockholder Equity = 369.7m (last 4 quarters mean)
RoA = 22.41% (Net Income 119.6m, Total Assets 533.7m )
RoE = 32.35% (Net Income TTM 119.6m / Total Stockholder Equity 369.7m)
RoCE = 29.42% (Ebit 121.5m / (Equity 369.7m + L.T.Debt 43.3m))
RoIC = 30.00% (NOPAT 112.4m / Invested Capital 374.8m)
WACC = 5.94% (E(2.87b)/V(2.99b) * Re(6.17%)) + (D(115.3m)/V(2.99b) * Rd(0.30%) * (1-Tc(0.07)))
Shares Correlation 5-Years: 0.0 | Cagr: 0.0%
Discount Rate = 6.17% (= CAPM, Blume Beta Adj.) -> floored to rf + ERP 8.05%
[DCF Debug] Terminal Value 79.28% ; FCFE base≈113.7m ; Y1≈121.9m ; Y5≈148.7m
Fair Price DCF = 78.71 (DCF Value 2.60b / Shares Outstanding 33.0m; 5y FCF grow 8.10% → 3.0% )
Revenue Correlation: 83.27 | Revenue CAGR: 12.54%
Revenue Growth Correlation: -12.93%
EPS Correlation: 67.90 | EPS CAGR: 20.82%
Growth-of-Growth: 6.22