Asseco Poland S.A.
Financial ratios & Valuation

Forward Multiples (2025 – 2026)

20252026
Price/Earnings ratio
8.247.74
Price/Sales ratio
N/AN/A
Earnings per Share (EPS)
$6.06$6.45

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
9.8112.4814.817.5410.456.076.316.813.429.6211.7610.45
Price/Sales ratio
0.540.620.560.440.370.390.440.490.260.270.340.39
Price/Book Value ratio
0.640.850.810.620.600.730.901.140.710.871.110.60
Price/Cash Flow ratio
4.985.385.055.093.572.822.784.512.511.862.492.82
Price/Free Cash Flow ratio
7.096.966.637.544.743.583.314.893.262.162.903.58
Price/Earnings Growth ratio
0.652.62-0.840.13-0.360.050.260.300.11-0.150.26-0.36
Dividend Yield
6.30%5.28%5.59%7.09%7.16%6.01%4.58%3.59%5.99%6.25%1.05%6.01%
Profitability Indicator Ratios
Gross Profit Margin
24.38%24.08%23.48%21.38%21.28%21.57%21.85%22.37%21.78%22.05%22.45%21.28%
Operating Profit Margin
10.25%10.45%9.64%7.66%8.58%9.15%9.97%10.04%10.45%9.61%10.29%8.58%
Pretax Profit Margin
10.43%10.19%9.07%9.91%8.29%8.32%8.85%9.28%10.03%9.03%9.44%8.29%
Net Profit Margin
5.59%5.03%3.79%5.95%3.57%6.53%7.08%7.27%7.82%2.85%2.96%6.53%
Effective Tax Rate
20.18%22.40%24.86%15.71%23.55%21.50%19.99%21.71%22.06%20.78%21.59%21.50%
Return on Assets
3.26%3.02%2.35%3.92%2.63%4.77%5.16%5.67%6.74%2.56%2.70%2.63%
Return On Equity
6.60%6.80%5.47%8.33%5.82%12.09%14.28%16.78%20.74%9.10%9.40%5.82%
Return on Capital Employed
7.13%7.84%7.43%6.46%8.40%9.09%10.05%11.15%13.12%12.68%13.55%8.40%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A1.42N/A
Quick Ratio
1.961.751.701.651.571.451.461.431.431.371.381.45
Cash ratio
0.710.670.600.590.570.550.620.550.570.490.470.55
Days of Sales Outstanding
103.51105.58101.64110.58103.5697.3495.65106.0799.1293.05N/A97.34
Days of Inventory outstanding
4.634.764.574.324.685.347.166.568.759.037.324.68
Operating Cycle
108.14110.34106.22114.90108.25102.69102.81112.64107.88102.087.32102.69
Days of Payables Outstanding
43.6752.9647.4349.0046.6342.8245.5949.2942.7931.1022.6842.82
Cash Conversion Cycle
64.4757.3858.7965.9061.6259.8757.2163.3465.0870.98-15.3559.87
Debt Ratios
Debt Ratio
0.060.090.090.120.130.140.130.130.150.170.160.13
Debt Equity Ratio
0.130.210.230.250.290.350.370.410.480.630.590.29
Long-term Debt to Capitalization
0.080.120.130.150.150.190.200.200.230.290.270.15
Total Debt to Capitalization
0.120.170.180.200.220.260.270.290.320.380.370.22
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A9.26N/A
Cash Flow to Debt Ratio
0.940.740.690.470.580.730.860.610.580.740.750.58
Company Equity Multiplier
2.022.242.322.122.212.532.762.953.073.553.502.21
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.110.110.110.080.100.140.160.100.100.140.130.10
Free Cash Flow / Operating Cash Flow Ratio
0.700.770.760.670.750.780.830.920.770.860.860.75
Cash Flow Coverage Ratio
0.940.740.690.470.580.730.860.610.580.740.750.58
Short Term Coverage Ratio
3.242.132.011.741.672.172.781.561.612.262.081.67
Dividend Payout Ratio
61.88%65.94%82.90%53.53%74.94%36.55%28.93%24.48%20.52%60.16%N/A36.55%