Creepy Jar S.A. (CRJ.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

+93.8%

PLN 670.56

vs PLN 346.00 price

Levered DCF

PLN 828.06

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

5.14

Safe zone

Rating

S-

Overall 5 / 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	16.27×	11.09×	22.82×	13.05×	18.63×	33.35×	900×	43.52×
P/B	2.36×	1.64×	4.28×	4.76×	7.6×	21.06×	17.37×	14.36×
P/S	9.37×	5.69×	11.15×	8.66×	11.71×	19.84×	17.51×	20.56×
EV / EBITDA	12.83×	7.8×	16.01×	-123.27×	14.56×	27.01×	23.55×	34.56×
Gross margin	99.3%	98.9%	99.2%	99.5%	99.5%	99.7%	99.1%	72.9%
Operating margin	53.3%	44.9%	42.0%	65.7%	65.5%	67.7%	4.6%	52.4%
Net margin	57.6%	51.3%	48.9%	66.4%	63.1%	59.5%	2.0%	47.3%
Current ratio	18.39×	21.73×	21.8×	27.09×	20.99×	18.55×	14.33×	45.67×
Debt / equity	0.01×	0.01×	0.01×	0×	0×	0.01×	0×	0×
Interest coverage	219.44×	165.67×	38.67×	1,597.56×	819.09×	22×	871.33×	1,106.79×
Dividend yield	2.8%	5.2%	6.7%	3.1%	0.0%	0.0%	0.0%	0.0%
Payout ratio	46.2%	57.7%	152.6%	40.1%	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	14.5%	14.8%	18.8%	36.5%	41.0%	63.2%	2.0%	33.0%
Return on invested capital	11.9%	11.4%	14.1%	0.2%	39.2%	64.8%	2.0%	29.9%
Return on assets	14.0%	14.2%	17.9%	0.0%	39.1%	59.1%	1.8%	30.0%
Free cash flow yield	0.4%	3.5%	3.5%	8.5%	5.9%	2.9%	2.6%	0.4%
Earnings yield	6.1%	9.0%	4.4%	7.7%	5.4%	3.0%	0.1%	2.3%
Enterprise value	PLN 258.3M	PLN 149.8M	PLN 359.3M	-PLN 5B	PLN 480.7M	PLN 719.8M	PLN 116.1M	PLN 92.8M
Net debt / EBITDA	-1.06×	-1.37×	-2.62×	-134.96×	-1.8×	-1.03×	-1.25×	-1.13×
Cash conversion cycle (days)	-2,392	-1,694	-1,582	-1,150	-738	-1,009	-1,638	572