Why is Shoper SA ?
1
Strong Long Term Fundamental Strength with an average Return on Equity (ROE) of 49.41%
- Company has a low Debt to Equity ratio (avg) at times
2
Positive results in Mar 25
- OPERATING CASH FLOW(Y) Highest at PLN 61.43 MM
- INTEREST COVERAGE RATIO(Q) Highest at 2,695.97
- RAW MATERIAL COST(Y) Fallen by -9.46% (YoY)
3
With ROE of 61.43%, it has a expensive valuation with a 21.00 Price to Book Value
- The stock is trading at a premium compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of 30.54%, its profits have risen by 35.2% ; the PEG ratio of the company is 1
How much should you hold?
- Overall Portfolio exposure to Shoper SA should be less than 10%
- Overall Portfolio exposure to Software Products should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Software Products)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Shoper SA for you?
Medium Risk, Medium Return
Absolute
Risk Adjusted
Volatility
Shoper SA
29.27%
1.02
32.40%
Poland WIG
39.24%
1.84
20.48%
Quality key factors
Factor
Value
Sales Growth (5y)
-42.37%
EBIT Growth (5y)
-31.85%
EBIT to Interest (avg)
12.66
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.53
Sales to Capital Employed (avg)
2.74
Tax Ratio
20.37%
Dividend Payout Ratio
77.25%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
115.65%
ROE (avg)
49.41%
Valuation Key Factors 
Factor
Value
P/E Ratio
34
Industry P/E
Price to Book Value
21.00
EV to EBIT
27.68
EV to EBITDA
20.07
EV to Capital Employed
35.51
EV to Sales
6.58
PEG Ratio
0.97
Dividend Yield
NA
ROCE (Latest)
128.27%
ROE (Latest)
61.43%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
Mildly Bullish
Mildly Bullish
Technical Movement
8What is working for the Company
OPERATING CASH FLOW(Y)
Highest at PLN 61.43 MM
INTEREST COVERAGE RATIO(Q)
Highest at 2,695.97
RAW MATERIAL COST(Y)
Fallen by -9.46% (YoY
NET PROFIT(9M)
Higher at PLN 31.55 MM
DEBT-EQUITY RATIO
(HY)
Lowest at -35.86 %
-7What is not working for the Company
INTEREST(HY)
At PLN 2.84 MM has Grown at 172.26%
DEBTORS TURNOVER RATIO(HY)
Lowest at 15.95%
Here's what is working for Shoper SA
Operating Cash Flow
Highest at PLN 61.43 MM and Grown
In each year in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (PLN MM)
Interest Coverage Ratio
Highest at 2,695.97
in the last five periodsMOJO Watch
The company's ability to manage interest payments is improving
Operating Profit to Interest
Debt-Equity Ratio
Lowest at -35.86 %
in the last five Semi-Annual periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Net Profit
Higher at PLN 31.55 MM
than preceding 12 month period ended Mar 2025MOJO Watch
In the nine month period the company has already crossed sales of the previous twelve months
Net Profit (PLN MM)
Raw Material Cost
Fallen by -9.46% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin
Raw Material Cost as a percentage of Sales
Depreciation
Highest at PLN 4.84 MM
in the last five periodsMOJO Watch
The expenditure on assets done by the company may have gone into operation
Depreciation (PLN MM)
Here's what is not working for Shoper SA
Interest
At PLN 2.84 MM has Grown at 172.26%
over previous Semi-Annual periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (PLN MM)
Debtors Turnover Ratio
Lowest at 15.95%
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling Debtors has slowed
Debtors Turnover Ratio






