Compremum S.A. (CPR.WA) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-437.0%

-PLN 4.03

vs PLN 1.20 price

Levered DCF

-PLN 6.14

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

-0.53

Distress zone

Rating

C+

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	-0.48×	-1.18×	3.89×	12.5×	6.66×	3.56×	3.54×	8.15×
P/B	1.49×	0.29×	0.38×	0.49×	0.7×	0.46×	0.26×	0.36×
P/S	0.86×	0.53×	0.31×	0.59×	0.85×	0.53×	0.22×	0.44×
EV / EBITDA	-3.14×	-4.4×	3.49×	5.29×	5.99×	2.98×	3.89×	4.69×
Gross margin	-70.9%	-13.8%	18.7%	30.6%	23.2%	29.1%	19.7%	17.1%
Operating margin	-120.4%	-39.5%	12.3%	24.4%	17.6%	23.1%	15.0%	10.3%
Net margin	-179.3%	-44.5%	7.8%	4.8%	12.8%	14.3%	6.0%	5.4%
Current ratio	0.85×	1.81×	1.9×	1.89×	1.73×	1.52×	1.39×	1.41×
Debt / equity	4.88×	0.76×	0.4×	0.57×	0.44×	0.46×	0.51×	0.46×
Interest coverage	-3.15×	-3.51×	3.21×	5.53×	7.67×	11.17×	7.36×	3.02×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	-310.4%	-24.7%	9.7%	4.0%	10.5%	12.4%	7.0%	4.4%
Return on invested capital	-28.8%	-9.2%	8.6%	8.5%	7.2%	8.6%	7.3%	4.1%
Return on assets	-26.8%	-9.5%	4.6%	1.8%	4.9%	5.3%	3.1%	1.9%
Free cash flow yield	-36.9%	-108.1%	39.7%	-1.7%	16.7%	30.0%	6.4%	2.4%
Earnings yield	-208.6%	-84.4%	25.5%	8.2%	15.0%	27.0%	27.1%	12.3%
Enterprise value	PLN 222.1M	PLN 197.4M	PLN 147.7M	PLN 232.7M	PLN 267.1M	PLN 157.9M	PLN 106.6M	PLN 84.6M
Net debt / EBITDA	-2.4×	-3.17×	1.22×	2.74×	2.11×	1.05×	2.3×	1.54×
Cash conversion cycle (days)	1,052	875	272	476	411	414	179	268