Professional
Added to YB: 2024-02-11
Pitch date: 2024-02-11
ETX.WA [bullish]
Euro-Tax.pl S.A.
-55.94%
current return
Author Info
Hurdle Rate is an Australian Unit Trust run by a CPA who shares global stock pitches on their website. Sign up for the newsletter.
Company Info
Euro-Tax.pl S.A., together with its subsidiaries, provides tax refund services in Poland. The company is involved in the recovery and settlement of income tax overpaid by the clients working in the Netherlands, Ireland, Germany, Norway, Great Britain, Belgium, Austria, the United States, and internationally.
Market Cap
PLN 24.6M
Pitch Price
PLN 4.59
Price Target
N/A
Dividend
9.15%
EV/EBITDA
3.68
P/E
10.44
EV/Sales
0.43
Sector
Professional Services
Category
growth
Hurdle Rate Unit Trust: Euro-Taxpl S.A. (WSE:ETX)
ETX.WA: Polish tax refund firm for overseas income. Leads in Poland, expanding to RO, BG, NL, DE. Gains from emigration, FX. 9% div yield, 2x growth in 5yrs w/o debt. 4.4x EV/FCF, 5.6x EV/EBIT. Insiders own 87.5%. Upside: double-digit growth & divs, weak EUR/PLN. Risk: Minority rights.
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