Company	Price	Valuation					Profitability					Cash & leverage					Quality				Rating
		P/E	P/B	P/S	EV / EBITDA	DCF upside	Gross margin	Operating margin	Net margin	ROE	ROIC	FCF yield	Debt / equity	Net debt / EBITDA	Interest coverage	Current ratio	Dividend yield	Piotroski (0-9)	Altman Z	Rating score (1-5)
STF.WAthis companyStalprofil S.A.	PLN 8.54	20.37×	0.27×	0.06×	5.96×	-424.5%	8.0%	1.2%	0.3%	1.3%	2.6%	32.8%	0.37×	3.16×	1.86×	1.72×	3.9%	6	2.82	4	A
APE.WAAPS Energia S.A.	PLN 5.14	16.13×	3.23×	0.73×	10.11×	-140.1%	26.5%	8.1%	4.4%	19.5%	8.9%	-8.2%	1.72×	3.34×	2.26×	1.03×	0.0%	5	2.96	3	B+
CTCTS.WACity Service SE	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
FEE.WAFeerum S.A.	PLN 15.35	9.38×	0.91×	0.91×	4.51×	7.1%	20.7%	12.4%	9.8%	9.7%	9.7%	21.5%	0×	-1.05×	25.71×	2.5×	0.0%	6	3.49	5	S-
MSW.WAMostostal Warszawa S.A.	PLN 3.70	-1.54×	-4.94×	0.12×	-2.92×	126.8%	-3.5%	-9.8%	-7.9%	320.0%	-37.3%	55.0%	-6.39×	0.4×	-4.27×	0.92×	0.0%	1	0.88	2	C
NVA.WAP.A. Nova S.A.	PLN 18.10	7.22×	0.31×	0.65×	10.18×	444.8%	22.9%	16.1%	8.9%	4.3%	3.6%	-23.2%	0.73×	6.72×	2.17×	0.75×	4.7%	7	1.35	3	B+
Peer median	—	8.3×	0.61×	0.69×	7.31×	66.9%	21.8%	10.3%	6.7%	14.6%	6.2%	6.6%	0.37×	1.87×	2.21×	0.97×	0.0%	6	2.16	3	—