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)
SWG.WAthis companySeco/Warwick S.A.	PLN 33.60	9.27×	1.06×	0.32×	5.27×	566.9%	21.9%	5.7%	3.5%	11.5%	8.5%	-20.2%	0.67×	1.47×	4.43×	1.26×	3.6%	5	1.86	4	A
CTCTS.WACity Service SE	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
INK.WAInstal Krakow S.A.	PLN 34.70	6.15×	0.67×	0.78×	4.28×	522.0%	31.7%	16.2%	12.7%	11.0%	9.9%	10.6%	0.04×	-0.13×	50.79×	3.81×	6.8%	6	3.54	5	S
LTX.WALentex S.A.	PLN 7.48	16.59×	0.93×	0.76×	5.52×	89.9%	27.1%	7.5%	4.6%	5.6%	4.8%	8.8%	0.09×	-0.74×	29.09×	4.59×	0.0%	7	3.39	4	A-
MFO.WAMFO S.A.	PLN 24.90	24.08×	0.75×	0.35×	13.55×	-984.9%	11.9%	2.5%	1.5%	3.1%	3.1%	-24.3%	0.48×	4.11×	2.47×	1.63×	0.0%	8	1.77	4	A-
NVA.WAP.A. Nova S.A.	PLN 18.15	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	—	11.9×	0.71×	0.7×	7.85×	267.4%	25.0%	11.8%	6.8%	5.0%	4.2%	-7.2%	0.29×	1.99×	15.78×	2.72×	2.3%	7	2.58	4	—