Bank Polska Kasa Opieki SA

Bank Polska Kasa Opieki SA maintains a capital structure characterized by a debt-to-equity ratio of 0.79, indicating moderate leverage relative to its equity base of 35.35 billion PLN. The bank holds total assets of 352.23 billion PLN against total liabilities of 316.89 billion PLN. Liquidity is assessed as medium risk, with operating cash flow standing at 9.27 billion PLN and free cash flow at 2.00 billion PLN. The company reports negative net cash after subtracting total debt, which includes 27.78 billion PLN in long-term debt.

Profitability metrics show a return on equity of 18.56% and a return on assets of 1.86%. The bank generated net income of 7.02 billion PLN on revenue of 13.69 billion PLN, resulting in a net margin of approximately 51.2%. While cohort median comparisons are not provided in the input data, the high net margin is consistent with the economics of commercial banking where non-interest income and net interest margins drive profitability.

Segment and geographic revenue concentration data is not present in the available input data. The analysis relies on consolidated financial figures for the latest normalized period.

Growth trajectory analysis is limited by the absence of historical period data in the input. The current revenue base of 13.69 billion PLN serves as the baseline for valuation, with a price-to-earnings ratio of 9.39 and an EV-to-revenue multiple of 6.58. The market capitalization stands at 61.63 billion PLN, reflecting a price-to-book ratio of 1.74.

Risk assessment identifies medium liquidity risk and medium dilution risk. Key flags indicate that source documents mention dilution or offering risk, suggesting potential equity issuance or convertible instruments that could impact shareholder value. The negative net cash position further underscores the importance of monitoring debt servicing capabilities and liquidity buffers.

Recent observations include analyst estimates with a mean price target of 253.12 PLN and a median target of 251.22 PLN, implying upside from the current market price of 234.80 PLN. The mean recommendation is 2.43, with 2 strong buys, 4 buys, and 8 holds, indicating a cautiously optimistic sentiment among analysts. Competitor context lists JPMorgan Chase, Bank of America, and Citigroup, though specific comparative metrics are not provided.

Net income grew at a robust 34.0% CAGR over four years, reaching 7.0 billion PLN in the latest fiscal year.

Analysts project 9.2% upside to a mean price target of 253.12 PLN, reflecting a consensus buy recommendation.

The firm trades at a 1.74x price-to-book ratio, offering a valuation multiple relative to its 35.3 billion PLN book value.

Total assets expanded by 5.4% year-over-year to 352.2 billion PLN, indicating steady balance sheet growth.

Long-term debt surged to 21.0 billion PLN in FY-1, representing a significant increase from 8.4 billion PLN in FY-3.

The debt-to-equity ratio of 0.79 is substantially higher than the 0.29 median for the banking cohort.

Free cash flow declined sharply to 1.2 billion PLN in FY-1, down from 4.8 billion PLN in the prior year.

The company faces medium-level liquidity risk and medium-level dilution risk according to internal risk flag assessments.

Net income decreased by 4.4% year-over-year in FY-1, dropping from 6.7 billion PLN to 6.4 billion PLN.

Revenue PLN 3.31B, −3,0% YoY; Net income −26,9% YoY.

• ▍Revenue PLN 3.31B, −3,0% YoY
• ▍Net income −26,9% YoY
• ▍Free cash flow −27,2% YoY
• ▍Net margin 37.2%

Revenue PLN 3.40B, −1,7% YoY; Net income +13,2% YoY.

• ▍Revenue PLN 3.40B, −1,7% YoY
• ▍Net income +13,2% YoY
• ▍Free cash flow +7,7% YoY
• ▍Net margin 53.6%

Revenue PLN 3.43B, +5,2% YoY; Net income +4,2% YoY.

• ▍Revenue PLN 3.43B, +5,2% YoY
• ▍Net income +4,2% YoY
• ▍Free cash flow +1,8% YoY
• ▍Net margin 55.5%

Revenue PLN 3.45B, +17,9% YoY; Net income +12,8% YoY.

• ▍Revenue PLN 3.45B, +17,9% YoY
• ▍Net income +12,8% YoY
• ▍Free cash flow +16,2% YoY
• ▍Net margin 46.5%

Revenue PLN 3.41B; Net margin 49.4%.

• ▍Revenue PLN 3.41B
• ▍Net margin 49.4%

Revenue PLN 3.46B; Net margin 46.6%.

• ▍Revenue PLN 3.46B
• ▍Net margin 46.6%

Revenue PLN 3.26B; Net margin 56.1%.

• ▍Revenue PLN 3.26B
• ▍Net margin 56.1%

Revenue PLN 2.92B; Net margin 48.6%.

• ▍Revenue PLN 2.92B
• ▍Net margin 48.6%

Revenue PLN 13.69B, +7,6% YoY; Net income +10,0% YoY.

• ▍Revenue PLN 13.69B, +7,6% YoY
• ▍Net income +10,0% YoY
• ▍Free cash flow +68,5% YoY
• ▍Net margin 51.2%

Revenue PLN 12.73B, +7,0% YoY; Net income −4,2% YoY.

• ▍Revenue PLN 12.73B, +7,0% YoY
• ▍Net income −4,2% YoY
• ▍Free cash flow −75,4% YoY
• ▍Net margin 50.1%

Revenue PLN 11.89B, +37,4% YoY; Net income +287,7% YoY.

• ▍Revenue PLN 11.89B, +37,4% YoY
• ▍Net income +287,7% YoY
• ▍Free cash flow +597,5% YoY
• ▍Net margin 56.0%

Revenue PLN 8.66B, +52,9% YoY; Net income −21,0% YoY.

• ▍Revenue PLN 8.66B, +52,9% YoY
• ▍Net income −21,0% YoY
• ▍Free cash flow −44,1% YoY
• ▍Net margin 19.8%