Powszechny Zaklad Ubezpieczen SA

Powszechny Zaklad Ubezpieczen SA maintains a capital structure characterized by high leverage, with a debt-to-equity ratio of 10.93. Total liabilities stand at 500.01 billion PLN against total equity of 35.47 billion PLN, resulting in a net cash position that is negative after subtracting total debt. The company holds 16.23 billion PLN in cash and equivalents, while long-term debt amounts to 387.84 billion PLN. Liquidity risk is assessed as medium, reflecting the substantial debt burden relative to equity.

Profitability metrics indicate strong returns on equity, with an ROE of 18.89% and an ROA of 1.25%. The company generated net income of 6.70 billion PLN on operating income of 26.12 billion PLN. Valuation multiples suggest the market prices the stock at 8.72x earnings and 1.65x book value, with an EV/EBITDA of 16.46. These returns are derived from a large asset base of 535.48 billion PLN.

Segment and geographic revenue mix data is not available in the provided input, preventing analysis of revenue concentration or regional exposure. The company’s business activity is broadly classified as Insurance, but specific product lines or customer segments are not detailed in the financial snapshot.

Growth trajectory analysis is limited by the absence of historical period data in the input. Without multi-year revenue or net income trends, it is not possible to assess the direction or acceleration of top-line or bottom-line growth. The current financial snapshot provides a single-period view of performance.

Risk assessment highlights medium liquidity risk and low dilution risk. A key flag notes that net cash is negative after subtracting total debt, indicating reliance on external financing or insurance float to meet obligations. The high debt-to-equity ratio of 10.93 further underscores the leverage inherent in the insurance business model.

Recent IR observations show a mean analyst price target of 72.54 PLN, with a median target of 75.05 PLN. The mean recommendation is 2.30, indicating a moderate buy sentiment, supported by 3 strong-buy and 2 buy ratings against 4 hold ratings. The price target range spans from 62.70 PLN to 84.00 PLN.

Operating income −7,2% YoY; Net income −12,3% YoY.

• ▍Operating income −7,2% YoY
• ▍Net income −12,3% YoY
• ▍Free cash flow +4 586,3% YoY

Operating income +10,5% YoY; Net income +64,2% YoY.

• ▍Operating income +10,5% YoY
• ▍Net income +64,2% YoY
• ▍Free cash flow +29,9% YoY

Operating income PLN 6.66B.

• ▍Operating income PLN 6.66B

Operating income PLN 6.25B.

• ▍Operating income PLN 6.25B

Operating income +6,6% YoY; Net income +25,4% YoY.

• ▍Operating income +6,6% YoY
• ▍Net income +25,4% YoY
• ▍Free cash flow +18,1% YoY

Operating income −2,8% YoY; Net income −7,6% YoY.

• ▍Operating income −2,8% YoY
• ▍Net income −7,6% YoY
• ▍Free cash flow −18,6% YoY

Operating income +91,4% YoY; Net income +52,9% YoY.

• ▍Operating income +91,4% YoY
• ▍Net income +52,9% YoY
• ▍Free cash flow +145,4% YoY

Operating income +62,0% YoY; Net income +13,3% YoY.

• ▍Operating income +62,0% YoY
• ▍Net income +13,3% YoY
• ▍Free cash flow +70,8% YoY

Operating income PLN 8.13B.

• ▍Operating income PLN 8.13B