(ASE) Asseco South Eastern Europe - Ratings and Ratios
Banking, Payment, Core, E-Commerce, Analytics
ASE EPS (Earnings per Share)
ASE Revenue
Description: ASE Asseco South Eastern Europe
Asseco South Eastern Europe S.A. (WAR:ASE) is a software company operating in multiple regions, including Central Europe, South Eastern Europe, and beyond. The company provides a range of software solutions and services across various industries, including banking, payment solutions, and dedicated solutions for specific sectors such as utilities, telecommunications, and government.
The companys product portfolio includes omnichannel banking solutions, integrated core banking systems, authentication security solutions, and risk management systems. Additionally, Asseco SEE offers payment industry solutions, including e-commerce, mobile payments, and payment card processing. The company also provides proprietary solutions, integration services, and industry-specific solutions like LeaseFlex for lease and asset lifecycle management and FinanceFlex for car finance companies.
From a financial perspective, Asseco South Eastern Europe S.A. has a market capitalization of 4203.44M PLN, with a price-to-earnings ratio of 21.35 and a return on equity of 17.73%. To further analyze the companys performance, we can look at key performance indicators (KPIs) such as revenue growth, gross margin, and operating expenses as a percentage of revenue. A review of these KPIs can provide insights into the companys ability to maintain its competitive edge and drive future growth.
Some additional KPIs to consider when evaluating Asseco SEE include its customer acquisition cost, customer retention rate, and research and development expenses as a percentage of revenue. These metrics can help investors understand the companys ability to innovate and expand its customer base. Furthermore, analyzing the companys geographic revenue distribution and industry diversification can provide insights into its exposure to different markets and sectors.
ASE Stock Overview
| Market Cap in USD | 1,053m |
| Sub-Industry | Application Software |
| IPO / Inception |
ASE Stock Ratings
| Growth Rating | 71.9% |
| Fundamental | 73.1% |
| Dividend Rating | 67.8% |
| Return 12m vs S&P 500 | 25.8% |
| Analyst Rating | - |
ASE Dividends
| Dividend Yield 12m | 2.86% |
| Yield on Cost 5y | 4.17% |
| Annual Growth 5y | 17.40% |
| Payout Consistency | 95.8% |
| Payout Ratio | 42.7% |
ASE Growth Ratios
| Growth Correlation 3m | 53.8% |
| Growth Correlation 12m | 82.9% |
| Growth Correlation 5y | 88.4% |
| CAGR 5y | 11.47% |
| CAGR/Max DD 5y | 0.36 |
| Sharpe Ratio 12m | -0.14 |
| Alpha | 36.93 |
| Beta | 0.292 |
| Volatility | 23.57% |
| Current Volume | 1.8k |
| Average Volume 20d | 2.3k |
| Stop Loss | 69.8 (-3.2%) |
| Signal | 1.73 |
Piotroski VR‑10 (Strict, 0-10) 7.5
| Net Income (190.3m TTM) > 0 and > 6% of Revenue (6% = 106.2m TTM) |
| FCFTA 0.09 (>2.0%) and ΔFCFTA 0.67pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 7.03% (prev 13.18%; Δ -6.15pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.13 (>3.0%) and CFO 309.8m > Net Income 190.3m (YES >=105%, WARN >=100%) |
| Net Debt (-120.2m) to EBITDA (202.7m) ratio: -0.59 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.16 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (51.9m) change vs 12m ago 0.0% (target <= -2.0% for YES) |
| Gross Margin 26.09% (prev 25.01%; Δ 1.08pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 81.64% (prev 81.32%; Δ 0.32pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 16.37 (EBITDA TTM 202.7m / Interest Expense TTM 12.4m) >= 6 (WARN >= 3) |
Altman Z'' 2.96
| (A) 0.05 = (Total Current Assets 895.2m - Total Current Liabilities 770.8m) / Total Assets 2.31b |
| (B) 0.39 = Retained Earnings (Balance) 891.5m / Total Assets 2.31b |
| (C) 0.09 = EBIT TTM 202.7m / Avg Total Assets 2.17b |
| (D) 0.69 = Book Value of Equity 891.5m / Total Liabilities 1.30b |
| Total Rating: 2.96 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 73.11
| 1. Piotroski 7.50pt = 2.50 |
| 2. FCF Yield 5.42% = 2.71 |
| 3. FCF Margin 11.38% = 2.84 |
| 4. Debt/Equity 0.17 = 2.49 |
| 5. Debt/Ebitda 0.84 = 1.98 |
| 6. ROIC - WACC 6.79% = 8.49 |
| 7. RoE 18.36% = 1.53 |
| 8. Rev. Trend 10.77% = 0.54 |
| 9. Rev. CAGR 0.60% = 0.07 |
| 10. EPS Trend 28.87% = 0.72 |
| 11. EPS CAGR -6.12% = -0.77 |
What is the price of ASE shares?
Over the past week, the price has changed by +1.41%, over one month by -5.65%, over three months by +16.47% and over the past year by +44.44%.
Is Asseco South Eastern Europe a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of ASE is around 77.63 PLN . This means that ASE is currently overvalued and has a potential downside of 7.67%.
Is ASE a buy, sell or hold?
What are the forecasts/targets for the ASE price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 64 | -11.2% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 85.3 | 18.3% |
ASE Fundamental Data Overview
Market Cap PLN = 3.84b (3.84b PLN * 1.0 PLN.PLN)
CCE Cash And Equivalents = 290.0m PLN (Cash only, last quarter)
P/E Trailing = 20.2186
P/S = 2.1693
P/B = 3.8933
Beta = 0.379
Revenue TTM = 1.77b PLN
EBIT TTM = 202.7m PLN
EBITDA TTM = 202.7m PLN
Long Term Debt = 74.3m PLN (from longTermDebt, last quarter)
Short Term Debt = 95.5m PLN (from shortLongTermDebt, last quarter)
Debt = 169.8m PLN (Calculated: Short Term 95.5m + Long Term 74.3m)
Net Debt = -120.2m PLN (calculated as Total Debt 169.8m - CCE 290.0m)
Enterprise Value = 3.72b PLN (3.84b + Debt 169.8m - CCE 290.0m)
Interest Coverage Ratio = 16.37 (Ebit TTM 202.7m / Interest Expense TTM 12.4m)
FCF Yield = 5.42% (FCF TTM 201.4m / Enterprise Value 3.72b)
FCF Margin = 11.38% (FCF TTM 201.4m / Revenue TTM 1.77b)
Net Margin = 10.75% (Net Income TTM 190.3m / Revenue TTM 1.77b)
Gross Margin = 26.09% ((Revenue TTM 1.77b - Cost of Revenue TTM 1.31b) / Revenue TTM)
Tobins Q-Ratio = 4.17 (Enterprise Value 3.72b / Book Value Of Equity 891.5m)
Interest Expense / Debt = 1.70% (Interest Expense 2.88m / Debt 169.8m)
Taxrate = 18.54% (from yearly Tax Provision: 46.6m / 251.3m)
NOPAT = 165.1m (EBIT 202.7m * (1 - 18.54%))
Current Ratio = 1.16 (Total Current Assets 895.2m / Total Current Liabilities 770.8m)
Debt / Equity = 0.17 (Debt 169.8m / last Quarter total Stockholder Equity 1.00b)
Debt / EBITDA = 0.84 (Net Debt -120.2m / EBITDA 202.7m)
Debt / FCF = 0.84 (Debt 169.8m / FCF TTM 201.4m)
Total Stockholder Equity = 1.04b (last 4 quarters mean)
RoA = 8.25% (Net Income 190.3m, Total Assets 2.31b )
RoE = 18.36% (Net Income TTM 190.3m / Total Stockholder Equity 1.04b)
RoCE = 18.25% (Ebit 202.7m / (Equity 1.04b + L.T.Debt 74.3m))
RoIC = 13.64% (NOPAT 165.1m / Invested Capital 1.21b)
WACC = 6.85% (E(3.84b)/V(4.01b) * Re(7.09%)) + (D(169.8m)/V(4.01b) * Rd(1.70%) * (1-Tc(0.19)))
Shares Correlation 5-Years: 0.0 | Cagr: 0.0%
Discount Rate = 7.09% (= CAPM, Blume Beta Adj.) -> floored to rf + ERP 8.05%
[DCF Debug] Terminal Value 77.64% ; FCFE base≈186.4m ; Y1≈178.5m ; Y5≈173.7m
Fair Price DCF = 59.69 (DCF Value 3.10b / Shares Outstanding 51.9m; 5y FCF grow -5.63% → 3.0% )
Revenue Correlation: 10.77 | Revenue CAGR: 0.60%
Rev Growth-of-Growth: 6.98
EPS Correlation: 28.87 | EPS CAGR: -6.12%
EPS Growth-of-Growth: -4.28