Valuation ratios
2009 | 2010 | 2011 | 2012 | 2013 | ||
Enterprise Value |
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Market capitalization* | PLN m | 4 130.8 | 4 720.8 | 3 026.0 | 5 351.0 | 4 603.9 |
Non-current borrowings, other debt instruments and finance lease liabilities | PLN m | 4 942.6 | 4 403.5 | 5 161.5 | 4 462.1 | 4 496.2 |
Current borrowings, other debt instruments and finance lease liabilities | PLN m | 748.6 | 1 923.3 | 2 427.2 | 2 094.6 | 1 715.2 |
Non-controlling interests | PLN m | 36.8 | 14.7 | 1.0 | 0.7 | 0.3 |
Cash and cash equivalents | PLN m | -345.1 | -382.6 | -383.7 | -268.3 | -503.7 |
EV | PLN m | 9 513.7 | 10 679.7 | 10 232.0 | 11 640.1 | 10 311.9 |
EV/EBITDA |
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EV | PLN m | 9 513.7 | 10 679.7 | 10 232.0 | 11 640.1 | 10 311.9 |
EBITDA | PLN m | 735.2 | 1 451.3 | 1 694.1 | 979.3 | 802.6 |
EV/EBITDA | 12.94 | 7.36 | 6.04 | 11.89 | 12.85 | |
Price to earnings (P/E) |
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Market capitalization* | PLN m | 31.8 | 36.4 | 23.3 | 41.2 | 35.4 |
Sales | PLN m | 7.4 | 5.2 | 5.0 | 7.1 | 0.3 |
P/S | 4.27 | 6.95 | 4.66 | 5.80 | 118.00 | |
Market capitalization to book value (P/BV) |
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Kapitalizacja rynkowa* | mln zł | 4 130.8 | 4 720.8 | 3 026.0 | 5 351.0 | 4 603.9 |
Wartość księgowa | mln zł | 6 846.2 | 7 513.5 | 7 782.4 | 9 066.4 | 9 189.6 |
P/BV | 0.60 | 0.63 | 0.38 | 0.59 | 0.50 | |
Market capitalization to sales (P/S) |
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Market capitalization* | PLN m | 4 130.8 | 4 720.8 | 3 026.0 | 5 351.0 | 4 603.9 |
Total Assets | PLN m | 14 321.0 | 19 662.8 | 29 259.6 | 33 111.0 | 28 597.3 |
Market capitalization to assets | 0.29 | 0.24 | 0.10 | 0.16 | 0.16 | |
Market capitalization to assets |
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Kapitalizacja rynkowa* | mln zł | 4 130.8 | 4 720.8 | 3 026.0 | 5 351.0 | 4 603.9 |
Aktywa | mln zł | 15 216.0 | 17 727.4 | 20 396.6 | 20 027.6 | 20 299.6 |
Kapitalizacja rynkowa do aktywów | 0.27 | 0.27 | 0.15 | 0.27 | 0.23 | |
Market capitalization to CFO |
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Market capitalization* | PLN m | 4 130.8 | 4 720.8 | 3 026.0 | 5 351.0 | 4 603.9 |
Cash flow from operating activities | PLN m | 695.0 | 882.7 | 902.4 | 1 347.1 | 1 436.5 |
Market capitalization to CFO | 5.94 | 5.35 | 3.35 | 3.97 | 3.20 | |
* close price on the WSE on December 31 Enterprise value - market capitalization plus long-term and short-term debt, and minority interest, net of cash and cash equivalents |