1. Poland Stocks

  2. •

    Commercial services

  3. •

    Miscellaneous commercial services
BEST S.A.

BEST S.A.

GGPW:BST
31.10
PLN
0.00
(0.00%)
5.46EPS
6.15P/E
968.33MMarket Cap
BEST S.A.
GPW:BST
(Warsaw Stock Exchange)

Recent

price

31.10

P/E

ratio

6.15

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
PLN
1.08
1.7
2.24
5.52
3.89
5.35
8.73
8.48
7.5
11.59
10.91
10.22
11.58
12.51
13.92
17.96
20.05
Revenue per Share
0.1
1.11
1.26
3.35
2.83
3.92
1.75
2.41
1.39
0.85
1.49
2.14
6.25
2.26
4.53
3.59
5.53
Basic EPS, GAAP
0.06
-1.47
-1.25
0.67
-2.55
-8.52
-6.16
-7.5
3.61
5.8
8.88
4.74
2.71
-6.09
-1.99
-6.48
-5.79
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1.16
1.37
- -
- -
- -
- -
- -
Dividend per Share
1.18
2.48
3.8
7.24
9.58
13.57
16.03
18.37
19.58
20.52
21.94
24.38
31.08
33.26
39.44
40.42
43.48
Book Value per Share
1.15
2.44
3.76
7.19
9.3
12.99
15.04
17.47
18.7
19.7
21.15
23.65
30.34
32.44
38.45
39.62
42.77
Tangible Book Value per Share
21
21
21
21
21
21
22
23
23
23
23
23
23
22
23
27
28
Basic Weighted Avg Shares
22
35
47
115
81
112
191
192
173
267
251
235
263
279
316
486
571
Sales/Revenue/Turnover
5.58
26.68
8.04
48.72
53.87
53.2
58.34
29.32
12.72
22.99
42.06
45.28
71.45
30.46
32.06
18.48
16.39
Operating Margin (%)
2
2
2
2
3
3
4
5
6
8
8
9
9
9
10
14
15
Depreciation Expense
2
23
26
70
59
82
38
55
32
19
34
49
142
50
103
97
158
Net Income, GAAP
20.06
18.9
14.78
4.21
0.38
- -
2.51
1.8
1.94
19.29
17.94
8.66
8
16.27
- -
- -
- -
Effective Tax Rate (%)
8.89
65.13
56.15
60.74
72.73
73.31
20
28.36
18.59
7.3
13.67
20.95
54.01
18.03
32.55
19.98
27.59
Profit Margin (%)
4
-4
26
107
71
217
-90
- -
194
-23
83
6
200
232
339
284
288
Working Capital
- -
26
49
64
185
232
425
530
584
364
286
204
343
521
666
1,113
1,097
LT Debt
25
52
79
151
200
283
356
423
537
472
505
549
689
750
898
1,151
1,239
Total Equity
4.43
44.09
25.08
39.89
21.51
- -
16.88
8.78
6.07
5.77
6.69
9.01
19.28
8.72
- -
- -
- -
Return on Invested Capital (%)
8.83
43.2
24.38
39.58
21.75
- -
8.07
8.72
5.77
4.06
5.29
4.88
13.25
3.85
- -
- -
- -
Return on Capital (%)
8.83
60.61
40.15
60.77
33.62
33.89
11.97
14.01
7.35
4.22
7.03
9.36
22.99
7.01
12.47
9.47
13.63
Return on Common Equity (%)

Capital Structure

PLN

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
411
495
445
LT Borrowings
1,101
1,103
1,086
LT Finance Leases
12
12
11
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
28
28
28
Market Capitalization
963
701
968

Working Capital

PLN

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
829
926
830
Cash, Cash Equivalents & STI
81
177
73
Accounts Receivable, Net
4
1
- -
Inventories
- -
- -
- -
Total Current Liabilities
545
628
541
Payables & Accruals
- -
- -
- -
ST Debt
411
495
445
Deferred Revenue
- -
- -
- -

Growth Rates

PLN

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
15.75%
18.2%
28.25%
Free Cash Flow
-22.29%
-37.92%
288.38%
Net Income, GAAP
25.11%
53.18%
-5.55%
Sales/Revenue/Turnover
18.89%
15.71%
53.87%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
84
77
80
84
316
2025
93
132
133
135
486
2026
159
144
- -
- -
- -

Quarterly Earnings Per Share

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.87
0.57
1.33
1.77
4.53
2025
0.19
0.66
0.73
1.86
3.59
2026
1.33
1.62
- -
- -
- -

Quarterly Dividends Per Share

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Similar Companies
PayPal Holdings, Inc. (NASDAQ:PYPL)
Shopify Inc. (NASDAQ:SHOP)
Greenland Mines Ltd (NASDAQ:GRML)
Block, Inc. (NYSE:XYZ)
Netcapital Inc. (NASDAQ:NCPL)
Shopify, Inc. Class A (TSX:SHOP)
Business
BEST S.A. (BST.WA) operates as a leading debt collection and management company in the Polish financial services sector, primarily providing debt collection services to banks, lending companies, telecommunication operators, power companies, and other mass service providers; managing securitized assets for securitization funds; investing in non-performing debt portfolios; and offering debt repayment assistance through its proprietary BEST Online platform, which enables debtors to manage liabilities, select tailored installment plans, and make secure payments via methods such as BLIK and Google Pay. The company, founded in 1994 and headquartered at ul. Łużycka 8A in Gdynia, Poland, conducts operations in Poland and Italy, serving creditors across retail, telecom, utilities, and financial segments with a workforce of approximately 646 employees. As the parent of the BEST Capital Group, it oversees subsidiaries focused on investment fund establishment, debt portfolio purchases and sales, and advanced fintech solutions under the BEST 3.0 strategy, which incorporates artificial intelligence, cloud migration, and big data analytics for enhanced recovery processes. In recent developments, BEST S.A. completed its merger with Kredyt Inkaso S.A. in early April 2025 through an acquisition structure, integrating assets valued at approximately PLN 680.6 million in claims and issuing up to 5.83 million new shares representing 20.5% of the enlarged share capital, thereby elevating the group's equity beyond PLN 1 billion and positioning it as the second-largest player in the Polish debt market. The company also executed a record PLN 204.6 million in portfolio investments during the first half of 2025, acquiring claims with a nominal value nearing PLN 800 million, alongside oversubscribed bond issuances such as series AC5 to co-finance further acquisitions in Poland and Italy, reflecting accelerated growth and operational synergies post-merger.