Added to YB: 2025-12-03
Pitch date: 2025-11-30
ACP.WA [bullish]
Asseco Poland S.A.
+14.08%
current return
Author Info
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Company Info
Asseco Poland S.A. produces and sells software products worldwide. The company offers software and IT solutions for banking, payment, insurance, public administration, healthcare, defense and uniformed services, energy and gas, telecommunications and media, cloud services, and security sectors.
Market Cap
PLN 13.3B
Pitch Price
PLN 194.60
Price Target
N/A
Dividend
2.02%
EV/EBITDA
6.82
P/E
23.42
EV/Sales
1.04
Sector
Software
Category
growth
Asseco Poland S.A. - $ACP.WA
ACP.WA: Topicus acquired 24.8% stake at 85 PLN (8x EV/EBITDA), now trades ~194 PLN (+128%). 6th largest EU software vendor w/ 26% cash-on-cash returns, 140+ acquisitions, decentralized model. Strong H1 2025 results, trades 19x PE/17x EV/EBITDA 2026E. Bull case: increased M&A spend + margin expansion like Sygnity (10-bagger for Topicus). Risk: AI disruption in banking/insurance verticals.
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