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Asseco Poland S.A.

Asseco Poland S.A.

ACP.WA
Asseco Poland S.A.PL flagWarsaw Stock Exchange
182.70
PLN
+1.20
- -
12.46BMarket Cap
Asseco Poland S.A.
ACP.WA
(Warsaw Stock Exchange)

Recent

price

182.70

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
45.84
63.95
71.03
69.64
75.08
87.42
95.57
94.33
112.39
128.52
146.9
174.68
209.28
214.25
220.26
235.35
244.17
Revenue per Share
5.87
5.12
4.76
3.69
4.32
4.4
3.63
5.62
4.02
3.88
4.84
5.63
6.05
6.12
7.62
15.97
17.03
Basic EPS, GAAP
6.45
3.96
5.94
6.46
5.81
7.88
8.1
5.61
9.16
14.24
19.84
15.6
17.18
27.22
29.82
36.32
27.59
Free Cash Flow per Basic Share
2.04
3.01
3.73
2.41
2.6
2.9
3.01
3.01
3.01
3.07
3.01
3.11
3.36
3.68
3.66
3.77
- -
Dividend per Share
7.3
9.96
12.54
13.03
14.73
16.21
16.79
19.44
20.42
21.06
22.87
25.43
28.2
32.18
41.24
52.36
54.84
Book Value per Share
15.62
20.5
17.1
16.66
21.6
21.4
18.88
14.8
17.08
15.85
-5.5
18.9
22.78
15.26
20.46
81.16
85.73
Tangible Book Value per Share
71
78
78
83
83
83
83
83
83
83
83
83
83
79
68
71
72
Basic Weighted Avg Shares
3,238
4,960
5,529
5,780
6,232
7,256
7,932
7,829
9,329
10,667
12,193
14,498
17,370
16,896
15,020
16,780
17,653
Sales/Revenue/Turnover
17.48
12.99
11.81
10.35
10.26
10.23
9.5
7.57
8.47
9.08
9.94
10.03
9.19
9.62
9.46
10.15
10.68
Operating Margin (%)
128
194
239
271
268
263
300
337
460
637
708
790
893
879
712
741
739
Depreciation Expense
414
397
371
306
358
365
301
467
333
322
402
468
502
483
520
1,139
1,231
Net Income, GAAP
- -
15.56
16.55
20.17
20.24
22.4
24.86
15.71
23.55
21.5
20
21.72
22.07
20.78
21.73
21.68
21
Effective Tax Rate (%)
12.8
8.01
6.7
5.3
5.75
5.03
3.8
5.96
3.57
3.02
3.29
3.23
2.89
2.86
3.46
6.79
6.97
Profit Margin (%)
1,024
1,274
1,291
1,313
1,722
1,872
1,836
1,792
1,874
1,888
2,331
2,622
3,076
2,586
2,485
5,327
5,755
Working Capital
501
522
548
494
625
836
910
1,096
1,115
1,838
2,097
2,181
2,557
2,761
2,475
1,941
2,039
LT Debt
6,341
7,053
7,182
7,425
7,958
8,328
8,671
7,328
7,662
7,984
6,957
9,645
10,213
9,074
9,646
12,893
13,485
Total Equity
- -
7.29
6.9
5.97
6.05
6.29
5.8
5.3
6.63
7.55
9.23
9.58
8.95
9.21
7.99
8.52
9.55
Return on Invested Capital (%)
- -
6.36
5.89
5.1
5.18
3.82
1.75
6.78
2.34
0.23
0.26
-0.44
-2.71
-0.97
-1.28
-10.21
-9.37
Return on Capital (%)
59.02
61.63
42.39
29.78
31.11
28.43
22
31.03
20.15
18.7
22.03
23.33
22.57
19.79
19.44
34.79
35.63
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
1,394
1,367
1,635
LT Borrowings
1,548
1,323
1,421
LT Finance Leases
651
618
618
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
68
81
81
Market Capitalization
13,666
15,575
12,247

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
10,441
12,461
13,097
Cash, Cash Equivalents & STI
2,739
7,313
7,251
Accounts Receivable, Net
3,053
3,106
3,373
Inventories
306
324
341
Total Current Liabilities
7,003
7,134
7,342
Payables & Accruals
- -
- -
- -
ST Debt
1,394
1,367
1,635
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.79%
14.67%
33.66%
Free Cash Flow
19.15%
12.27%
27.32%
Net Income, GAAP
17.69%
29.34%
119.02%
Sales/Revenue/Turnover
9.24%
7.32%
11.72%
Total Cash Common Dividend
- -
1.82%
7.65%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,250
4,147
3,671
4,555
15,020
2025
4,044
4,461
4,268
4,525
16,780
2026
4,399
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.83
1.61
1.96
- -
7.62
2025
2
2.14
2.51
- -
15.97
2026
2.84
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
3.66
2025
- -
- -
- -
- -
3.77
2026
- -
- -
- -
- -
- -
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Business
Asseco Poland S.A. (ACP.WA) develops and provides enterprise software and IT solutions primarily for the banking, finance, insurance, public administration, healthcare, energy, telecommunications, and defense sectors; core offerings include proprietary banking platforms, payment systems, ERP software, business intelligence tools, cybersecurity services, system integration, IT outsourcing, billing systems for telecom and media, simulators, and specialized solutions such as the Mayfly UAV for defense applications. Founded in 1991 as COMP Rzeszów and headquartered in Rzeszów, Poland, with additional offices in Warsaw, the company leads the Asseco Group, a federation operating in over 60 countries across Central and Eastern Europe, Israel, South-Eastern Europe, Western Europe, the United States, and other regions, employing more than 32,400 people and ranking as Europe's sixth-largest software developer. It serves multinational clients through subsidiaries like Asseco Data Systems, Asseco Business Solutions, Formula Systems in Israel, and Asseco SEE in Southeastern Europe, targeting financial institutions, governments, utilities, and uniformed services. Recent developments include Topicus.com Inc., a Constellation Software subsidiary, completing the acquisition of 14.84% of Asseco Poland's treasury shares in October 2025 following regulatory approvals, alongside a January 2025 purchase of 9.99% from Cyfrowy Polsat and a February 2025 shareholders' agreement with the Adam Góral Family Foundation to support strategic growth, acquisitions, and expansion as a major European IT player. The company reported PLN 9 billion in Q2 2025 sales, up 8% year-over-year, with 2024 financial sector sales exceeding PLN 5.8 billion, reinforcing its position among global fintech leaders per IDC rankings.