Financials Cyber_Folks S.A.

Equities

CBF

PLR220000018

Software

Market Closed - Warsaw S.E. Other stock markets 09:25:43 06/05/2024 pm IST			5-day change	1st Jan Change
112.5 ^PLN	+1.81%		-2.60%	+28.72%

15/04	MCI DC Laczna Spólka Inwestycyjna signed a preliminary conditional sale agreement to acquire 33.34% stake in Profitroom S.A. from Cyber_Folks S.A. for PLN 97.5 million.	CI
26/03	Cyber_Folks S.A. Reports Earnings Results for the Full Year Ended December 31, 2023	CI

Valuation

Fiscal Period: December	2019	2023	2024	2025	2026
Capitalization ¹	326.1	1,236	1,592	-	-
Enterprise Value (EV) ¹	326.1	1,236	1,652	1,573	1,484
P/E ratio	28 x	-	24.7 x	20.8 x	18.5 x
Yield	-	-	1.01%	1.2%	1.35%
Capitalization / Revenue	2.24 x	2.58 x	2.9 x	2.59 x	2.34 x
EV / Revenue	2.24 x	2.58 x	3 x	2.56 x	2.18 x
EV / EBITDA	-	8.75 x	9.63 x	8.01 x	6.84 x
EV / FCF	-	-	13.1 x	10.8 x	9.27 x
FCF Yield	-	-	7.63%	9.22%	10.8%
Price to Book	-	-	6.77 x	6.43 x	6.14 x
Nbr of stocks (in thousands)	14,180	14,147	14,147	-	-
Reference price ²	23.00	87.40	112.5	112.5	112.5
Announcement Date	05/09/19	26/03/24	-	-	-

¹PLN in Million²PLN

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2019	2023	2024	2025	2026
Net sales ¹	145.6	479.9	549.7	614.8	680.4
EBITDA ¹	-	141.3	171.5	196.2	216.9
EBIT ¹	-	104.6	135.4	156.6	173.3
Operating Margin	-	21.79%	24.63%	25.47%	25.47%
Earnings before Tax (EBT) ¹	-	101.7	124	150	171
Net income ¹	-	50.83	64.6	81	-
Net margin	-	10.59%	11.75%	13.18%	-
EPS ²	0.8200	-	4.560	5.400	6.070
Free Cash Flow ¹	-	-	126	145	160
FCF margin	-	-	22.92%	23.58%	23.52%
FCF Conversion (EBITDA)	-	-	73.47%	73.9%	73.77%
FCF Conversion (Net income)	-	-	195.05%	179.01%	-
Dividend per Share ²	-	-	1.140	1.350	1.520
Announcement Date	05/09/19	26/03/24	-	-	-

¹PLN in Million²PLN

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December	2023 Q3	2023 Q4	2024 Q1
Net sales	120.2	132.5	-
EBITDA	36.23	38.42	-
EBIT	27.14	28.27	-
Operating Margin	22.58%	21.34%	-
Earnings before Tax (EBT)	16.64	43.11	-
Net income ¹	10.03	21.39	21
Net margin	8.35%	16.15%	-
EPS	-	-	-
Dividend per Share	-	-	-
Announcement Date	14/11/23	26/03/24	-

¹PLN in Million

Estimates

Balance Sheet Analysis

Fiscal Period: December	2019	2023	2024	2025	2026
Net Debt ¹	-	-	60	-	-
Net Cash position ¹	-	-	-	19	108
Leverage (Debt/EBITDA)	-	-	0.3499 x	-	-
Free Cash Flow ¹	-	-	126	145	160
ROE (net income / shareholders' equity)	-	-	-	-	-
ROA (Net income/ Total Assets)	-	-	-	-	-
Assets ¹	-	-	-	-	-
Book Value Per Share ²	-	-	16.60	17.50	18.30
Cash Flow per Share	-	-	-	-	-
Capex ¹	-	-	20	21	24
Capex / Sales	-	-	3.64%	3.42%	3.53%
Announcement Date	05/09/19	26/03/24	-	-	-

¹PLN in Million²PLN

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Cyber_Folks S.A.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

112.5 PLN

Average target price

120.4 PLN

Spread / Average Target

+7.02%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

Sector Other Software

	1st Jan change	Capi.
CYBER_FOLKS S.A.	+28.72%	389M
MICROSOFT CORPORATION	+9.97%	3,022B
SYNOPSYS INC.	+5.95%	81.91B
CADENCE DESIGN SYSTEMS, INC.	+4.71%	76.64B
DASSAULT SYSTÈMES SE	-16.04%	52.31B
PALANTIR TECHNOLOGIES INC.	+46.83%	51.96B
ATLASSIAN CORPORATION	-23.58%	47.77B
THE TRADE DESK, INC.	+26.96%	43.3B
SEA LIMITED	+63.28%	38.29B
ROBLOX CORPORATION	-12.27%	25.1B

Other Software