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Gielda Papierow Wartosciowych w Warszawie S.A.

Gielda Papierow Wartosciowych w Warszawie S.A.

107.40
PLN
+1.40
(+1.32%)
5.22EPS
17.32P/E
3.73BMarket Cap
Nov 16Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
6.76
7.57
7.81
7.41
8.39
8.26
8.01
9.62
9.71
9.27
10.6
11.08
13.15
14.29
Basic EPS, GAAP
2.7
2.67
2.89
3.12
3.78
4.38
2.84
3.63
3.84
3.45
3.72
3.54
4.65
5.13
Free Cash Flow per Basic Share
2.23
3.41
1.48
4.34
3.25
2.75
4.15
4.64
0.23
3.72
1.74
2.18
3.03
3.08
Dividend per Share
0.79
1.2
2.4
2.36
2.15
2.2
3.18
2.4
2.51
2.74
2.7
3
3.16
- -
Book Value per Share
23.45
25.53
26.21
26.85
29.27
32.63
31.84
33.73
35.56
36.43
24.76
25.4
26.95
26.67
Tangible Book Value per Share
13.54
15.92
16.58
16.93
19.57
23.27
22.55
24.42
25.85
26.03
17.05
17.45
18.48
17.49
Basic Weighted Avg Shares
42
42
42
42
42
42
42
42
42
42
42
42
42
42
Sales/Revenue/Turnover
284
318
328
311
352
347
336
404
408
389
445
465
552
600
Operating Margin (%)
41.27
42.85
46.36
50.55
52.15
49.72
46.25
48.86
43.65
34.84
28.65
33.84
36.53
38.32
Depreciation Expense
26
29
27
26
28
32
37
36
35
37
32
32
37
34
Net Income, GAAP
113
112
121
131
159
184
119
152
161
145
156
149
195
215
Effective Tax Rate (%)
12.55
19.28
18.76
19.19
16.9
18.73
20.36
19.89
16.76
17.08
16.35
14.35
18.46
18.01
Profit Margin (%)
39.93
35.29
37.05
42.17
45.1
52.97
35.51
37.69
39.56
37.24
35.06
31.99
35.34
35.87
Working Capital
311
381
391
289
471
576
569
615
408
403
379
363
355
286
LT Debt
244
244
244
123
244
244
259
254
4
- -
20
20
15
12
Total Equity
638
695
713
731
797
888
867
918
968
1,001
1,050
1,075
1,142
1,132
Return on Invested Capital (%)
12.34
11.53
12.19
12.05
14.51
12.57
10.85
12.6
11.68
9.22
9.91
7.23
12.85
14.84
Return on Capital (%)
14.61
13.17
13.52
14.22
16.52
17.54
12.29
14.49
13.99
13.44
14.91
14.11
17.27
19.36
Return on Common Equity (%)
19.02
16.85
17.28
18.17
20.8
21.83
13.61
17.07
17.11
14.81
15.37
14.13
17.75
19.89

Capital Structure

PLN

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
8
7
8
LT Borrowings
- -
- -
- -
LT Finance Leases
15
13
12
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
42
42
42
Market Capitalization
2,728
3,001
3,727

Working Capital

PLN

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
489
614
622
Cash, Cash Equivalents & STI
406
474
489
Accounts Receivable, Net
57
97
78
Inventories
- -
- -
- -
Total Current Liabilities
134
225
335
Payables & Accruals
- -
- -
- -
ST Debt
8
7
8
Deferred Revenue
- -
- -
- -

Growth Rates

PLN

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.88%
4.48%
6.23%
Free Cash Flow
163.51%
284.04%
39.05%
Net Income, GAAP
6.72%
5.98%
31.14%
Sales/Revenue/Turnover
5.76%
6.78%
18.72%
Total Cash Common Dividend
4.04%
5.72%
5.14%

Quarterly Revenue

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
118
121
112
114
465
2025
132
144
135
140
552
2026
169
155
- -
- -
- -

Quarterly Earnings Per Share

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.94
0.85
0.9
0.95
3.54
2025
1.2
1.37
1.17
0.9
4.65
2026
1.66
1.4
- -
- -
- -

Quarterly Dividends Per Share

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
3
2025
- -
- -
- -
- -
3.16
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Tomasz Bardzilowski
Full Time Employees
602
Sector
Finance
Industry
Investment banks/Brokers
Address
ul. Ksiazeca 4 Warsaw MZ Poland 00-498
IPO Date
Oct 29, 2010
Website
gpw.pl
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Business
Gielda Papierów Wartościowych w Warszawie S.A. (GPW) operates Poland's largest stock exchange and serves as the parent of the Warsaw Stock Exchange Group, offering trading, listing, clearing, settlement, and information services across equities, derivatives, fixed-income securities, structured products, and commodities. The company maintains key markets including the flagship GPW Main Market for established domestic and international issuers; NewConnect for growth companies; Catalyst for bonds comprising corporate, municipal, treasury, mortgage, and other debt instruments; Treasury BondSpot Poland; and GlobalConnect for select foreign equities traded in PLN without issuer involvement; alongside commodity platforms managed through subsidiaries such as Towarowa Giełda Energii S.A. for electricity, natural gas, property rights certificates of origin, CO2 emission allowances, and agricultural products, plus InfoEngine S.A. for data services. GPW provides additional offerings like WIBID and WIBOR benchmark calculations, capital market education, market data dissemination, and technical operator services for energy balancing; it operates primarily in Poland with nearly 1,000 domestic and international issuers and recognition as Central and Eastern Europe's largest financial instruments exchange; founded in 1991 and headquartered in Warsaw at ul. Książęca 4. Recent developments feature the ongoing rollout of the proprietary GPW WATS trading platform, a modern Rust-based system enhancing speed, security, and modularity with integration tests and dress rehearsals completed by late 2025 ahead of full deployment; robust equity capital market activity with H1 2025 transactions totaling PLN 10.9 billion including IPOs for Diagnostyka and Arlen; new listings such as Żabka Group's PLN 1 billion sustainable bonds, Allegro's additional bonds, municipal issues from Skierniewice and Świętochłowice, four NewConnect entrants including Kolejkowo and MAZOP Group, three ETFs on the Main Market, and five Nordic stocks (Carlsberg, H&M, Novo Nordisk, Vestas, Volvo) on GlobalConnect; alongside record Q2 2025 revenue, FTSE Russell's 2018 classification of Poland as a developed market, and NC Focus segment for 39 high-potential NewConnect firms.