Dashboard
1
High Management Efficiency with a high ROCE of 28.33%
2
High Debt Company with a Debt to Equity ratio (avg) at times
3
Healthy long term growth as Net Sales has grown by an annual rate of 17.22%
4
Positive results in Mar 25
5
With ROE of 26.79%, it has a fair valuation with a 4.89 Price to Book Value
6
Underperformed the market in the last 1 year
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-27.98%
0%
-27.98%
6 Months
-25.86%
0%
-25.86%
1 Year
-2.02%
0%
-2.02%
2 Years
51.25%
0%
51.25%
3 Years
178.8%
0%
178.8%
4 Years
149.48%
0%
149.48%
5 Years
182.05%
0%
182.05%
Voxel SA (Poland) for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
17.22%
EBIT Growth (5y)
40.41%
EBIT to Interest (avg)
9.52
Debt to EBITDA (avg)
0.48
Net Debt to Equity (avg)
0.01
Sales to Capital Employed (avg)
1.30
Tax Ratio
18.12%
Dividend Payout Ratio
52.05%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
28.33%
ROE (avg)
24.52%
Valuation key factors
Factor
Value
P/E Ratio
18
Industry P/E
Price to Book Value
4.89
EV to EBIT
13.91
EV to EBITDA
9.92
EV to Capital Employed
4.56
EV to Sales
3.17
PEG Ratio
2.24
Dividend Yield
2.88%
ROCE (Latest)
32.75%
ROE (Latest)
26.79%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
Bullish
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
Mildly Bearish
Shareholding Snapshot
No data for shareholding present.
Shareholding Compare (%holding) 
No data for shareholding present.
Quarterly Results Snapshot (Consolidated) - Mar'25 - YoY
Mar'25
Mar'24
Change(%)
Net Sales
157.80
108.60
45.30%
Operating Profit (PBDIT) excl Other Income
46.50
40.70
14.25%
Interest
2.80
2.30
21.74%
Exceptional Items
-0.10
-0.10
Consolidate Net Profit
24.70
19.60
26.02%
Operating Profit Margin (Excl OI)
210.70%
267.90%
-5.72%
USD in Million.
Net Sales
YoY Growth in quarter ended Mar 2025 is 45.30% vs 12.19% in Mar 2024
Consolidated Net Profit
YoY Growth in quarter ended Mar 2025 is 26.02% vs 63.33% in Mar 2024
Annual Results Snapshot (Consolidated) - Dec'24
Dec'24
Dec'23
Change(%)
Net Sales
507.80
424.20
19.71%
Operating Profit (PBDIT) excl Other Income
173.90
149.30
16.48%
Interest
9.50
11.60
-18.10%
Exceptional Items
7.60
-0.20
3,900.00%
Consolidate Net Profit
97.70
82.20
18.86%
Operating Profit Margin (Excl OI)
248.60%
260.80%
-1.22%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2024 is 19.71% vs 17.64% in Dec 2023
Consolidated Net Profit
YoY Growth in year ended Dec 2024 is 18.86% vs 48.11% in Dec 2023
About Voxel SA (Poland) 
Voxel SA (Poland)
Hospital
Voxel SA is a Poland-based company active in the healthcare sector. It provides services in the fields of diagnostic imaging, teleradiology and outsourcing, as well as information technology (IT) systems for hospitals and diagnostic centers. As of December 31, 2011, the Company operated two subsidiaries, 95.24%-owned Alteris SA and wholly owned CDO Sp. z o.o. On November 7, 2012, the Company sold its entire stake in Centrum Diagnostyki i Terapii Onkologicznej Sp. z o.o.
Company Coordinates 
Company Details
Ul. Wielicka 265 , KRAKOW None : 30-663
Registrar Details






