Asseco Business Solutions S.A. (ABS.WA) | Investment Case

1. Company Snapshot

1.a. Company Description

Asseco Business Solutions S.A. designs and develops enterprise software solutions in Poland and internationally.The company offers ERP systems comprising softlab erp, macrologic erp, and wapro erp for business management of large, medium, and small enterprises, as well as business cloud solutions.It also provides mobile touch, a sales planning solution; direct portal, a leading-edge sales platform; and connector, a data exchange and processing platform, as well as sales force automation and retail execution, image recognition, and data intelligence solutions.

The company offers its solutions in the areas of finance and accounting, production, BI analysis, logistics and sales, fixed asset, warehouse management, human resources, data management, platform analytics, image recognition, and artificial intelligence.Further, it provides IT outsourcing services and deploys central data processing systems.The company was founded in 2001 and is based in Lublin, Poland.

Show Full description

1.b. Last Insights on ABS

Asseco Business Solutions S.A. has been driven by a favorable European market environment, with the STOXX Europe 600 Index experiencing a notable upswing, rising 3.44% amid easing tariff concerns. The company's position in the small-cap segment, combined with solid fundamentals and growth potential, has made it an attractive opportunity for investors navigating market fluctuations. Additionally, the company's dividend yield, which can range up to 3.9%, has been a draw for investors seeking stable income sources in a dynamic environment.

1.c. Company Highlights

Last Price	83.8
Change Percentage	-2.10%
Open	85.2
Previous Close	85.6
Market Cap ( Millions)	2766
Volume	5181
Year High	98
Year Low	54.4
M A 50	85.98
M A 200	83.11

FCF Yield	5.16%
Dividend Yield	3.94%
ROE	32.34%
Debt / Equity	21.25%
Net Debt / EBIDTA	40.87%
Price To Book	8.27
Price Earnings Ratio	23.21
Price To FCF	19.39
Price To sales	6.26
EV / EBITDA	16.84

2. Transcript Summary

Unfortunately this company is not part of our coverage yet. But as part of your subscription plan you can request it by clicking just below and we'll process.

Request Coverage

3. NewsRoom

European Dividend Stocks To Consider In November 2025

Nov -06

Source:

Undiscovered Gems In Europe Featuring 3 Promising Small Caps

Nov -05

Source:

European Dividend Stocks To Enhance Your Portfolio

Oct -08

Source:

Exploring 3 European Small Caps with Promising Potential

Sep -08

Source:

3 European Dividend Stocks Yielding Up To 7.2%

Sep -05

Source:

Exploring Europe's Undiscovered Gems This August 2025

Aug -08

Source:

Undiscovered European Stock Gems To Explore This June 2025

Jun -27

Source:

3 European Dividend Stocks Yielding Up To 3.9%

Jun -27

Source:

4. Business Breakdown

4.a. Revenues by Country

4.b. Revenues by Segment

5. Expected revenues mid-term growth (8.33%)

6. Segments

Enterprise Resource Planning Systems

Expected Growth: 8.5%

Growing demand for digital transformation, increasing adoption of cloud-based ERP systems, and need for process automation drive the growth of Asseco Business Solutions S.A.'s ERP systems, with a forecast CAGR of 8.5% from 2023 to 2028.

Unallocated

Expected Growth: 5.2%

The unallocated budget from Asseco Business Solutions S.A. is expected to grow driven by increasing digital transformation initiatives, expansion of IT services, and strategic investments in emerging technologies, leading to a forecasted CAGR of 5.2%.

7. Detailed Products

Asseco Customer Management

A comprehensive CRM system for managing customer relationships, sales, and marketing activities

Asseco Loan Management

A loan management system for managing the entire loan lifecycle, from application to repayment

Asseco Payment Systems

A payment processing system for managing transactions, settlements, and reconciliations

Asseco Risk Management

A risk management system for identifying, assessing, and mitigating risks in financial institutions

Asseco Compliance and Regulatory Management

A compliance and regulatory management system for managing regulatory requirements, reporting, and auditing

Asseco Digital Banking Platform

A digital banking platform for online and mobile banking, payment processing, and account management

Asseco Core Banking System

A core banking system for managing banking operations, including account management, transaction processing, and reporting

8. Asseco Business Solutions S.A.'s Porter Forces

Forces Ranking

Threat Of Substitutes

The threat of substitutes for Asseco Business Solutions S.A. is medium due to the presence of alternative solutions in the market, but the company's strong brand recognition and customer loyalty mitigate this threat.

Bargaining Power Of Customers

The bargaining power of customers is low due to the company's strong market position and the lack of significant buyer concentration.

Bargaining Power Of Suppliers

The bargaining power of suppliers is medium due to the presence of multiple suppliers in the market, but the company's strong relationships with suppliers mitigate this threat.

Threat Of New Entrants

The threat of new entrants is high due to the relatively low barriers to entry in the industry, but the company's strong brand recognition and established customer base mitigate this threat.

Intensity Of Rivalry

The intensity of rivalry is high due to the presence of multiple competitors in the market, but the company's strong market position and competitive pricing strategy mitigate this threat.

9. SWOT Analysis

10. Capital Structure

10.a. Balance Sheet

10.b. Weighted Average Cost of capital

	Value
Debt Weight	11.45%
Debt Cost	4.47%
Equity Weight	88.55%
Equity Cost	6.31%
WACC	6.10%
Leverage	12.93%

11. Quality Control: Asseco Business Solutions S.A. passed 8 out of 9 key points

Strong Liquidity

Low Debt

Strong Interest Coverage

Healthy Cash Flow

Operating Efficiency

Strong Return On Equity

Consistent Revenue Growth

Consistent Operating Cash Flow Growth

Margin Improvement

12.a Historical Valuation

12.b Price/Earnings Ratio

12.c Margin Valuation

12.d Peers Valuation

Peers Group Analysis

Asseco Business Solutions

A-Score: 6.8/10

Value: 2.1

Growth: 7.1

Quality: 8.2

Yield: 7.5

Momentum: 9.5

Volatility: 6.3

1-Year Total Return ->

Text

A-Score: 6.0/10

Value: 5.4

Growth: 8.3

Quality: 8.4

Yield: 8.1

Momentum: 2.5

Volatility: 3.0

1-Year Total Return ->

Sword

A-Score: 5.9/10

Value: 4.0

Growth: 5.7

Quality: 5.4

Yield: 9.4

Momentum: 4.0

Volatility: 6.7

1-Year Total Return ->

Asseco SEE

A-Score: 5.8/10

Value: 4.1

Growth: 6.7

Quality: 6.9

Yield: 4.4

Momentum: 9.0

Volatility: 4.0

1-Year Total Return ->

Linedata Services

A-Score: 5.6/10

Value: 7.7

Growth: 6.4

Quality: 7.1

Yield: 5.6

Momentum: 0.5

Volatility: 6.3

1-Year Total Return ->

MIND C.T.I.

A-Score: 5.5/10

Value: 7.9

Growth: 1.9

Quality: 8.2

Yield: 10.0

Momentum: 0.0

Volatility: 5.0

1-Year Total Return ->

Peers Metrics

12.e Scoring ^Insights

12.f DCF ^BETA

Parameters

Short Term Growth

-1.07%

Short term Time

10.0

Long-Term Growth

2.00%

WACC

6.10%

Asseco Business Solutions S.A. - PLABS0000018

1. Company Snapshot

1.a. Company Description

1.b. Last Insights on ABS

1.c. Company Highlights

Higher Yield

Strong Momentum

Better Quality

Revenues Miss

Less Volatile

Medium Volatility

Revenues Beats

2. Transcript Summary

3. NewsRoom

4. Business Breakdown

4.a. Revenues by Country

4.b. Revenues by Segment

5. Expected revenues mid-term growth (8.33%)

6. Segments

Enterprise Resource Planning Systems

Expected Growth: 8.5%

Unallocated

Expected Growth: 5.2%

7. Detailed Products

Asseco Customer Management

Asseco Loan Management

Asseco Payment Systems

Asseco Risk Management

Asseco Compliance and Regulatory Management

Asseco Digital Banking Platform

Asseco Core Banking System

8. Asseco Business Solutions S.A.'s Porter Forces

Forces Ranking

Threat Of Substitutes

Bargaining Power Of Customers

Bargaining Power Of Suppliers

Threat Of New Entrants

Intensity Of Rivalry

9. SWOT Analysis

Strength

Weaknesses

Opportunities

Threats

10. Capital Structure

10.a. Balance Sheet

10.b. Weighted Average Cost of capital

11. Quality Control: Asseco Business Solutions S.A. passed 8 out of 9 key points

12.a Historical Valuation

12.b Price/Earnings Ratio

12.c Margin Valuation

12.d Peers Valuation

Peers Group Analysis

Peers Metrics

12.e Scoring Insights

12.f DCF BETA

Parameters

Short Term Growth

Short term Time

Long-Term Growth

WACC

Target Price

83.8$

Current Price

83.8$

Potential

-0.00%

Expected Cash-Flows

12.e Scoring ^Insights

12.f DCF ^BETA