Financials Euro-Tax.pl S.A.

Equities

ETX

PLEURTX00012

Personal Services

End-of-day quote Warsaw S.E. 18:00:00 2024-05-19 EDT 5-day change 1st Jan Change
5 PLN 0.00% Intraday chart for Euro-Tax.pl S.A. 0.00% -2.91%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 20.85 19 19.9 15 14.5 14
Enterprise Value (EV) 1 9.77 6.945 9.28 5.303 3.66 2.549
P/E ratio 9.06 x 8.7 x 9.82 x 78.5 x 7.07 x 5.65 x
Yield 12.5% 11.6% 8.29% 5.33% 11% 16.1%
Capitalization / Revenue 1.49 x 1.14 x 1.04 x 0.79 x 0.63 x 0.5 x
EV / Revenue 0.7 x 0.42 x 0.48 x 0.28 x 0.16 x 0.09 x
EV / EBITDA 3.83 x 2.78 x 3.86 x 28.7 x 1.72 x 0.91 x
EV / FCF -27.6 x 2.01 x 5.39 x 6.3 x 1.87 x 1.11 x
FCF Yield -3.62% 49.9% 18.5% 15.9% 53.4% 90%
Price to Book 5.78 x 6.06 x 6.61 x 9.53 x 4.94 x 3.63 x
Nbr of stocks (in thousands) 5,000 5,000 5,000 5,000 5,000 5,000
Reference price 2 4.170 3.800 3.980 3.000 2.900 2.800
Announcement Date 5/8/18 5/17/19 5/31/20 5/21/21 5/24/22 5/31/23
1PLN in Million2PLN
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 14.01 16.72 19.22 19.03 23.14 28.01
EBITDA 1 2.552 2.496 2.403 0.185 2.127 2.798
EBIT 1 2.508 2.455 2.368 0.135 2.072 2.718
Operating Margin 17.91% 14.69% 12.32% 0.71% 8.95% 9.7%
Earnings before Tax (EBT) 1 2.749 2.549 2.483 0.299 2.506 3.154
Net income 1 2.302 2.184 2.026 0.191 2.073 2.476
Net margin 16.44% 13.07% 10.54% 1% 8.96% 8.84%
EPS 2 0.4604 0.4368 0.4052 0.0382 0.4100 0.4952
Free Cash Flow 1 -0.3538 3.463 1.72 0.8424 1.956 2.295
FCF margin -2.53% 20.72% 8.95% 4.43% 8.45% 8.19%
FCF Conversion (EBITDA) - 138.74% 71.58% 455.34% 91.96% 82.01%
FCF Conversion (Net income) - 158.56% 84.9% 441.03% 94.36% 92.68%
Dividend per Share 2 0.5200 0.4400 0.3300 0.1600 0.3200 0.4500
Announcement Date 5/8/18 5/17/19 5/31/20 5/21/21 5/24/22 5/31/23
1PLN in Million2PLN
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - - - - -
Net Cash position 1 11.1 12.1 10.6 9.7 10.8 11.5
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -0.35 3.46 1.72 0.84 1.96 2.29
ROE (net income / shareholders' equity) 60.4% 65.5% 68.1% 9.03% 91.5% 73.1%
ROA (Net income/ Total Assets) 11.7% 11.9% 10.6% 0.61% 9.17% 10.9%
Assets 1 19.62 18.43 19.11 31.47 22.61 22.69
Book Value Per Share 2 0.7200 0.6300 0.6000 0.3100 0.5900 0.7700
Cash Flow per Share 2 2.220 2.410 2.300 2.110 2.290 2.470
Capex 1 0.05 0.04 0.11 0.05 0.05 0.09
Capex / Sales 0.37% 0.25% 0.56% 0.27% 0.2% 0.33%
Announcement Date 5/8/18 5/17/19 5/31/20 5/21/21 5/24/22 5/31/23
1PLN in Million2PLN
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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