Added to YB: 2026-09-04
Pitch date: 2026-09-02
SPR.WA [bullish]
Spyrosoft Spólka Akcyjna
-1.63%
current return
Author Info
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Company Info
Spyrosoft Spólka Akcyjna operates as a software engineering company. It offers a range of software development services, including embedded and cloud solutions.
Market Cap
PLN 474.9M
Pitch Price
PLN 430.00
Price Target
950.00 (+123%)
Dividend
N/A
EV/EBITDA
6.39
P/E
11.36
EV/Sales
0.77
Sector
IT Services
Category
growth
Deep Dive: Spyrosoft SA (SPR.WA)
SPR.WA: Spyrosoft is a decentralized platform that backs IT-services entrepreneurs to build majority-owned boutiques, supporting 2020-25 revenue, EBITDA and EPS CAGRs of 40%, 23% and 22% with only 1% annual share growth. At 15x 2026 earnings, assumptions of 15% EPS growth, 90% FCF conversion and a 12x exit multiple imply a 21% IRR and PLN950 intrinsic value. AI disruption and a sale or take-private following the strategic review could curtail the long-term payoff.
Read full article (20 min)