Sygnity S.A.

SGN.WA · Technology · Information Technology Services · Valued as of 2026-11-03 · Statements 2025-12-31

How Each Value Is Built

The screener's three formulas on the reported figures. Each card reads the same way: the value as a sum of numbered terms, each term's calculation opened under it, from the reported figures to the value. The list ranks companies by their plain average over the market cap.

What it is worth

EPV + Growth

519.37M USD

what the normal year's earnings are worth for ever, plus growth that pays

Profit

880.25M USD

15 years of cash the shareholders can take out, and the equity left at year 15

FCFF

225.25M USD

15 years of cash for shareholders and lenders, less what is owed

Average Intrinsic Value

541.62M USD

The plain average of EPV, Profit and FCFF

Against the price

Market Cap

507.68M USD

the price on the date above times the shares

Intrinsic Value ÷ Market Cap

1.07×

the ratio the screener ranks by

Margin of Safety

+6.3%

1 − Market Cap / Average Intrinsic Value

Projections, not exact values. Intrinsic Values are projected from each company's past reports. They show which stocks look cheap compared with the others, not exactly what a stock is worth.

Earnings power value plus growth: 519.37M USD
What the normal year's operating profit after tax is worth if it lasts for ever, plus what the new investment adds beyond its cost, less the net debt that comes before the shareholders (or plus the net cash).
①EPV (earnings power value)308.57M USD
+②Net Cash Today57.46M USD
+③Growth Value153.34M USD
=Value519.37M USD

EPV of the Operations (NOPAT over WACC)

308.57M USD

Net cash today

+57.46M USD

Growth Value

+153.34M USD

Value

519.37M USD

①EPV (earnings power value)

308.57M USD

②Net Cash Today

57.46M USD

③Growth Value

153.34M USD

Market value

Market Cap507.68M USD

The price on the date above times the shares.

Value vs market

Margin of Safety+2.3%

1 minus the market cap as a share of the value.

Profit value: today's value of the shareholders' equity, from the cash it can pay them (FCFE): 880.25M USD
Fifteen years of free cash flow to equity (FCFE), each brought to today at the cost of equity, plus the equity at year 15 brought to today.
①Present Value of the 15 Years of FCFE387.56M USD
+②Equity at Year 15, Today492.69M USD
=Value880.25M USD
FCFE: the net income left for the shareholders once the business keeps what next year's growth needsEquity reinvestment: the part of the year's net income kept in the business to grow the next year; below zero, capital the business releases to the shareholdersPresent value of the FCFEColoured bars show the FCFE, grey bars the equity reinvestment. With a positive equity reinvestment the two stacked are the year's normalized income; with a negative one the grey is below zero, capital the business releases, and the normalized income is the FCFE plus that negative amount. Shaded, years 6 to 10: the growth falling to its long-run rate and the ROE on new investment falling to the cost of equity. Axes linear.

①Present Value of the 15 Years of FCFE

387.56M USD

②Equity at Year 15, Today

492.69M USD

Market value

Market Cap507.68M USD

The price on the date above times the shares.

Value vs market

Margin of Safety+42.3%

1 minus the market cap as a share of the value.

FCFF value: today's value of the shareholders' equity, from the cash the firm can pay its shareholders and lenders (FCFF): 225.25M USD
Fifteen years of free cash flow to the firm (FCFF), each brought to today at the WACC, plus the invested capital at year 15 brought to today, less the net debt today (or plus the net cash).
①Present Value of the 15 Years of FCFF143.32M USD
+②Invested Capital at Year 15, Today24.46M USD
+③Net Cash Today57.46M USD
=Value225.25M USD
FCFF: the NOPAT left for the shareholders and the lenders once the business reinvests what next year's growth needsReinvestment: the part of the year's NOPAT put back into the business to grow the next year; below zero, capital the business releasesPresent value of the FCFFColoured bars show the FCFF, grey bars the reinvestment. With a positive reinvestment the two stacked are the year's NOPAT; with a negative one the grey is below zero, capital the business releases, and the NOPAT is the FCFF plus that negative amount. Shaded, years 6 to 10: the growth rising to its long-run rate and the ROIC on new investment falling to the WACC. Axes linear.

①Present Value of the 15 Years of FCFF

143.32M USD

②Invested Capital at Year 15, Today

24.46M USD

③Net Cash Today

57.46M USD

Market value

Market Cap507.68M USD

The price on the date above times the shares.

Value vs market

Margin of Safety-125.4%

1 minus the market cap as a share of the value.

The Rates and the Capital the Values Read

The WACC and the cost of equity each value is discounted at, the book value and the net debt each starts from, and the seven quality metrics, from the same run.

WACC: 5.06%
Cost of Equity =Risk-Free Rate 4.50%+Beta 0.09×Market Risk Premium 6.00%= 5.03%

The yearly return the shareholders require for the risk they carry; it is the rate that brings their future cash to today.

Tax Rate for WACC =Tax Provision 3.76M USDPretax Income 25.30M USD= 14.88%

The tax the interest saves.

Interest Expense =EBIT 25.61M USD−Pretax Income 25.30M USD= 315.48K USD

The interest the company paid: EBIT is the profit before tax plus the interest.

Cost of Debt =Interest Expense 315.48K USDTotal Debt 2.57M USD×(1 − Tax Rate for WACC 14.88%)= 10.45%

What the lenders are paid a year after the tax the interest saves.

Debt Weight =Total Debt 2.57M USDMarket Cap + Total Debt 507.68M USD + 2.57M USD= 0.50%

The part of the capital the lenders put in, at market value.

WACC =Equity Weight 99.50%×Cost of Equity 5.03%+Debt Weight 0.50%×Cost of Debt 10.45%= 5.06%

Weighted average cost of capital: the yearly return the shareholders and the lenders together require, weighted by what each puts in; the rate that brings the firm's future cash to today.

Book value and net debt today
Both from the balance sheet of the newest quarter, 2026-06-30.

Total Assets 146.13M USD − Total Liabilities 37.18M USD = Book Value Today 108.95M USD

Total Debt 2.57M USD − Cash and Short-Term Investments 60.03M USD = Net Debt Today -57.46M USD

The book value is what Profit starts from and what stands when a projection is not made; the book value plus the net debt is what FCFF starts from; the net debt comes off Greenwald's and FCFF's values before the shareholders.

Quality metrics
Read beside the value, never a condition for it: every company is valued, and a filter in the list is the reader's choice.
MetricFrom
Share dilutionShares Today ÷ Shares Two Years Back − 1-0.3%at most 5%passes22,647,179 / 22,713,435
Accrual quality(Operating Cash Flow − Net Income) ÷ Total Assets7.1%at least -10.0%passes(31.97M USD − 21.53M USD) ÷ 146.13M USD
Price to bookMarket Cap ÷ Book Value Today4.66×at most 3×does not pass507.68M USD ÷ 108.95M USD
Operating marginOperating Income ÷ Revenue25.6%above 10.0%passes24.94M USD ÷ 97.61M USD
Revenue growthRevenue ÷ Revenue a Year Before − 136.6%above 10.0%passes97.61M USD / 71.46M USD
Net cash(Cash − Total Debt) ÷ Market Cap11.3%above -30%passes(60.03M USD − 2.57M USD) ÷ 507.68M USD
Operating efficiencyOperating Income ÷ Gross Profit55.0%above 25.0%passes24.94M USD ÷ 45.38M USD

Market Data

The provider's ratios and the analysts' consensus beside the argument; none of them enters a value.

Share price

87.59 PLN

Enterprise value

1.78B PLN

the provider's own figure

EV / EBITDA

15.01×

Price / book

4.87×

the provider's book

Price / earnings

21.39×

Return on equity

25.8%

the provider's figure, not this page's

Profit margin

22.9%

Revenue growth

29.8%

Analyst target, mean

—

Analysts

—

opinions in the consensus

Financial Statements

The annual lines the screener holds, year by year, in USD at each period's rate; the figures this valuation read are in its calculation above.

USD2021202220242025
Income statement

Revenue

51.18M42.91M71.46M97.61M

Gross profit

16.24M12.25M28.79M45.38M

Operating income

8.71M5.11M15.38M24.94M

EBITDA

operating income before depreciation and amortisation

17.28M7.87M20.95M29.50M

Pretax income

13.12M4.67M16.86M25.30M

Net income

11.68M5.47M14.73M21.53M

Normalized income

net income without one-off items, as the data provider prints it; Profit's line when printed

6.43M5.42M13.95M21.86M

R&D

————
Balance sheet, year end

Total assets

70.00M57.30M101.11M143.82M

Total liabilities

34.47M22.98M31.99M42.43M

Shareholders' equity

the equity the parent's shareholders own, as printed, without minority interest; the book value the values read is total assets less total liabilities, in Book Value and Net Debt above

35.53M34.32M69.12M101.40M

Total debt

16.89M9.40M5.02M2.59M

Cash and equivalents

6.22M7.00M31.95M52.30M

Net PP&E

fixed assets after depreciation

3.57M2.41M2.76M3.93M

Working capital

current assets less current liabilities

394.52K1.72M18.09M33.62M
Cash flow

Operating cash flow

5.07M9.07M20.49M31.97M

Capital expenditure

paid out, so below zero

-490.08K-1.63M-744.34K-489.94K

Depreciation and amortisation

2.97M2.18M3.64M3.89M

Free cash flow

operating cash flow plus capital expenditure

4.58M7.44M19.75M31.48M