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Asseco South Eastern Europe S.A.

Asseco South Eastern Europe S.A.

ASE.WA
Asseco South Eastern Europe S.A.PL flagWarsaw Stock Exchange
59.50
PLN
-0.70
- -
3.09BMarket Cap
Asseco South Eastern Europe S.A.
ASE.WA
(Warsaw Stock Exchange)

Recent

price

59.50

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
9.01
8.98
8.91
9.06
9.65
9.39
11
11
12.92
16.98
19.78
22.1
30.17
31.65
32.92
34.66
34.11
Revenue per Share
0.87
1.06
0.96
0.69
0.75
0.84
0.99
1.05
1.25
1.73
2.24
2.88
3.62
3.85
3.84
3.82
3.67
Basic EPS, GAAP
1.07
0.62
0.88
0.54
1.25
1.35
1.59
1.75
2.3
3.06
3.26
3.75
3.5
4.78
2.13
4.56
3.88
Free Cash Flow per Basic Share
0.24
0.26
0.36
0.81
0.32
0.4
0.42
0.48
0.52
0.52
0.74
1
1.28
1.46
1.65
1.75
- -
Dividend per Share
12.17
12.8
13.29
13.19
13.62
14.03
14.6
15.18
15.94
17.13
18.63
20.5
22.84
25.24
27.42
29.5
27.18
Book Value per Share
2.23
3.31
2.89
2.39
2.75
3.2
3.79
4.36
5.26
4.71
6.04
4.27
5.11
3.11
-0.57
5.09
-2
Tangible Book Value per Share
50
51
52
52
52
52
52
52
52
52
52
52
52
52
52
52
52
Basic Weighted Avg Shares
450
462
462
470
501
487
571
571
670
881
1,026
1,147
1,565
1,643
1,708
1,799
1,770
Sales/Revenue/Turnover
11.34
11.86
11.34
8.76
9.1
10.8
9.82
11.52
11.09
12.39
14.07
15.59
13.69
13.71
13.18
14.16
13.2
Operating Margin (%)
6
9
11
14
23
30
37
41
46
66
78
79
93
89
99
107
104
Depreciation Expense
44
55
50
36
39
44
51
55
65
90
116
149
188
200
199
198
190
Net Income, GAAP
15.82
11.99
9.24
17.07
15.53
18.94
15.45
18.4
16.52
17.3
16.57
19.89
17.74
18.43
18.54
21.28
21.36
Effective Tax Rate (%)
9.69
11.86
10.73
7.64
7.79
8.94
9.02
9.57
9.65
10.17
11.3
13.02
12
12.17
11.66
11.02
10.75
Profit Margin (%)
99
151
130
96
93
104
119
118
160
143
205
172
247
235
267
231
124
Working Capital
1
- -
- -
8
22
26
24
24
18
91
69
73
74
84
134
133
125
LT Debt
597
706
665
648
679
688
732
719
765
801
913
970
1,119
1,123
1,083
1,231
1,010
Total Equity
7.24
7.32
6.86
5.08
5.49
5.78
6.14
6.79
7.69
9.97
11.83
13.03
14.37
13.95
13.83
14.26
13.94
Return on Invested Capital (%)
7.6
8.72
7.36
5.2
5.58
5.87
6.62
6.72
7.62
9.45
11.02
12.86
14.36
14
12.95
13.16
12.05
Return on Capital (%)
7.64
8.65
7.36
5.23
5.61
6.07
6.93
7.07
8.02
10.45
12.5
14.7
16.7
16.03
14.58
13.42
13.98
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
95
107
116
LT Borrowings
86
82
74
LT Finance Leases
48
51
50
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
52
52
52
Market Capitalization
2,543
3,103
4,126

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
938
905
895
Cash, Cash Equivalents & STI
275
309
293
Accounts Receivable, Net
281
240
236
Inventories
110
90
76
Total Current Liabilities
672
630
771
Payables & Accruals
- -
- -
- -
ST Debt
95
107
116
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.17%
6.4%
13.68%
Free Cash Flow
20.22%
20.7%
113.88%
Net Income, GAAP
17.07%
12.02%
-0.49%
Sales/Revenue/Turnover
14.5%
12.49%
5.3%
Total Cash Common Dividend
- -
19.25%
6.06%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
367
398
445
499
1,708
2025
400
426
535
- -
1,799
2026
435
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.9
0.77
1.04
- -
3.84
2025
0.69
0.81
- -
- -
3.82
2026
0.92
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1.65
2025
- -
- -
- -
- -
1.75
2026
- -
- -
- -
- -
- -
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Business
Asseco South Eastern Europe SA (ASE.WA) is a Poland-based holding company that develops and implements proprietary software solutions and IT services primarily for the banking, payments, telecommunications, utilities and public administration sectors. The company operates through three main segments: Banking Solutions, including omnichannel platforms, integrated core banking systems on Oracle and Microsoft platforms, authentication and security solutions, regulatory reporting and risk management systems; Payment Solutions under the Payten brand, encompassing eCommerce, mPayments, transaction processing, ATM and POS services as well as outsourcing for financial and non-financial institutions; and Dedicated Solutions, featuring IT infrastructure development, systems integration, business process automation, customized software and proprietary applications such as LeaseFlex for lease management and FinanceFlex for car finance. Asseco South Eastern Europe SA, founded in 2007 and headquartered in Rzeszow, Poland, with an additional office in Warsaw, conducts operations across South Eastern Europe, Turkey, the Iberian Peninsula, Colombia, Peru, the Dominican Republic, Slovakia and the Czech Republic; it forms part of the larger Asseco Group and employs over 3,900 people worldwide, serving more than 10 of the 15 largest banks in South Eastern Europe. Recent developments include the acquisition of Ukrainian healthcare SaaS provider Askep.net to bolster healthcare sector capabilities; expansion via Paygate India and Paygate Dubai purchases to strengthen payments presence in Asia; and robust financial performance with Q3 2025 sales revenues of EUR 105.5 million, up 2% year-over-year, alongside a 21% rise in adjusted operating profit to EUR 18.3 million driven by growth in Dedicated and Banking Solutions segments.