Bhw.Wa

BHW.WA maintains a conservative capital structure with a debt-to-equity ratio of 0.01, indicating minimal leverage relative to its equity base of 10.04 billion PLN. The company holds total assets of 78.85 billion PLN against total liabilities of 68.81 billion PLN. Despite generating robust operating cash flow of 5.52 billion PLN, free cash flow is slightly negative at -55.17 million PLN due to capital expenditures of 64.77 million PLN. The liquidity risk is assessed as medium, with a key flag noting that net cash is negative after subtracting total debt, although long-term debt remains low at 84.17 million PLN.

Profitability metrics show a return on equity of 16.59% and a return on assets of 2.11%, reflecting efficient use of equity to generate net income of 1.67 billion PLN on revenue of 2.10 billion PLN. The company trades at a price-to-earnings ratio of 9.45 and a price-to-book ratio of 1.57, suggesting a valuation that is moderate relative to its earnings power. The enterprise value to revenue multiple stands at 7.65, indicating the market's assessment of its revenue generation capability.

Segment and geographic revenue breakdowns are not provided in the available data, preventing a detailed analysis of revenue concentration or regional exposure. The company's activity is broadly classified as unclassified within the banking industry, limiting specific insights into product mix or customer segments.

Growth trajectory analysis is constrained by the absence of historical period data, preventing a year-over-year or quarter-over-quarter assessment of revenue and net income trends. The current financial snapshot provides a single-period view, with no prior periods available for trend reasoning.

Risk assessment indicates low dilution risk, supported by identical basic and diluted share counts of 130.52 million shares. The medium liquidity risk is a notable factor, requiring monitoring of cash flow dynamics and debt obligations. No specific key flags beyond the net cash position are highlighted in the risk assessment.

Recent IR observations show a mean analyst price target of 112.99 PLN, which is below the current market price of 120.60 PLN, suggesting limited upside according to current consensus. The mean recommendation is 3.33, with five hold ratings and no strong buy or buy ratings, indicating a neutral market sentiment. The high price target is 130.00 PLN, while the low is 102.00 PLN, reflecting a range of expectations among analysts.

Revenue PLN 506.2M, −35,2% YoY; Net income +62,1% YoY.

• ▍Revenue PLN 506.2M, −35,2% YoY
• ▍Net income +62,1% YoY
• ▍Free cash flow +22,4% YoY
• ▍Net margin 117.8%

Revenue PLN 516.2M, −31,1% YoY; Net income −13,8% YoY.

• ▍Revenue PLN 516.2M, −31,1% YoY
• ▍Net income −13,8% YoY
• ▍Free cash flow −27,6% YoY
• ▍Net margin 90.9%

Revenue PLN 530.1M, −29,6% YoY; Net income −58,0% YoY.

• ▍Revenue PLN 530.1M, −29,6% YoY
• ▍Net income −58,0% YoY
• ▍Free cash flow +24,4% YoY
• ▍Net margin 31.2%

Revenue PLN 515.8M; Net margin 84.3%.

• ▍Revenue PLN 515.8M
• ▍Net margin 84.3%

Revenue PLN 780.9M; Net margin 47.1%.

• ▍Revenue PLN 780.9M
• ▍Net margin 47.1%

Revenue PLN 748.8M; Net margin 72.7%.

• ▍Revenue PLN 748.8M
• ▍Net margin 72.7%

Revenue PLN 752.5M; Net margin 52.4%.

• ▍Revenue PLN 752.5M
• ▍Net margin 52.4%

Revenue PLN 2.10B, −30,4% YoY; Net income −5,3% YoY.

• ▍Revenue PLN 2.10B, −30,4% YoY
• ▍Net income −5,3% YoY
• ▍Free cash flow −121,8% YoY
• ▍Net margin 79.2%

Revenue PLN 3.03B, −6,4% YoY; Net income −22,0% YoY.

• ▍Revenue PLN 3.03B, −6,4% YoY
• ▍Net income −22,0% YoY
• ▍Free cash flow −74,2% YoY
• ▍Net margin 58.2%

Revenue PLN 3.23B, +18,1% YoY; Net income +46,0% YoY.

• ▍Revenue PLN 3.23B, +18,1% YoY
• ▍Net income +46,0% YoY
• ▍Free cash flow +24,1% YoY
• ▍Net margin 69.8%

Revenue PLN 2.74B, +247,9% YoY; Net income +115,4% YoY.

• ▍Revenue PLN 2.74B, +247,9% YoY
• ▍Net income +115,4% YoY
• ▍Free cash flow +34,9% YoY
• ▍Net margin 56.4%

Revenue PLN 787.2M; Net margin 91.1%.

• ▍Revenue PLN 787.2M
• ▍Net margin 91.1%