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Asseco SEE Valuation Multiples

Discover revenue and EBITDA valuation multiples for Asseco SEE and similar public comparables like Inspur, Quest Holdings, CANCOM, Atos and more.

Asseco SEE Overview

About Asseco SEE

Asseco South Eastern Europe SA along with its subsidiaries provides implementation, integration and outsourcing services. It conducts business operations in the markets of Poland, South Eastern Europe, and Turkey. Its business is divided into three operating segments. Banking Solutions segment deals with integrated banking systems based on the Oracle and Microsoft platforms, including primarily core banking systems. Payment Solutions is engaged in the sale and maintenance of ATMs and POS terminals (point of sale) as well as in the provision of related support services. Systems Integration segment is engaged in the development of customized IT systems, integration of third-party software and elements of infrastructure, as well as in the sale and installation of hardware solutions.


Founded

2007

HQ

Poland

Employees

1.6K

Website

asseco.com

Financials (LTM)

Revenue: $525M
EBITDA: $104M

EV

$800M

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Asseco SEE Financials

Asseco SEE reported last 12-month revenue of $525M and EBITDA of $104M.

In the same LTM period, Asseco SEE generated $154M in gross profit, $104M in EBITDA, and $57M in net income.

Revenue (LTM)


Asseco SEE P&L

In the most recent fiscal year, Asseco SEE reported revenue of $508M and EBITDA of $101M.

Asseco SEE is profitable as of last fiscal year, with gross margin of 26%, EBITDA margin of 20%, and net margin of 11%.

See analyst estimates for Asseco SEE
LTMLast FY202320242025202620272028
Revenue$525M$508M$450M$468M$493M
Gross Profit$154M$134M$116M$121M$134M
Gross Margin29%26%26%26%27%
EBITDA$104M$101M$96M$99M$95M
EBITDA Margin20%20%21%21%19%
EBIT Margin14%14%14%13%14%
Net Profit$57M$55M$55M$55M$54M
Net Margin11%11%12%12%11%

Financial data powered by Morningstar, Inc.

Asseco SEE Stock Performance

Asseco SEE has current market cap of $840M, and enterprise value of $800M.

Market Cap Evolution


Asseco SEE's stock price is $16.19.

Asseco SEE share price decreased by 2.6% in the last 30 days, and by 15.4% in the last year.

Asseco SEE has an EPS (earnings per share) of $1.07.

See more trading valuation data for Asseco SEE
EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$800M$840M-0.4%-2.6%-7.7%-15.4%$1.07

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Asseco SEE Valuation Multiples

Asseco SEE trades at 1.5x EV/Revenue multiple, and 7.7x EV/EBITDA.

See NTM and 2027E valuation multiples for Asseco SEE

EV / Revenue (LTM)


Asseco SEE Financial Valuation Multiples

As of May 17, 2026, Asseco SEE has market cap of $840M and EV of $800M.

Asseco SEE has a P/E ratio of 14.7x.

LTMLast FY202320242025202620272028
EV/Revenue1.5x1.6x1.8x1.7x1.6x
EV/EBITDA7.7x7.9x8.3x8.1x8.4x
EV/EBIT10.9x11.4x12.9x13.0x11.5x
EV/Gross Profit5.2x6.0x6.9x6.6x6.0x
P/E14.7x15.2x15.3x15.4x15.5x
EV/FCF13.2x12.3x11.8x26.4x12.3x

Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Verified Asseco SEE Valuation Multiples

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Asseco SEE Margins & Growth Rates

Asseco SEE grew revenue by 9% and EBITDA by 7% in the last fiscal year.

In the most recent fiscal year, Asseco SEE reported gross margin of 26%, EBITDA margin of 20%, and net margin of 11%.

See estimated margins and future growth rates for Asseco SEE

Asseco SEE Margins

Last FY202420252026202720282029
Gross Margin26%26%27%32%
EBITDA Margin20%21%19%20%
EBIT Margin14%13%14%14%
Net Margin11%12%11%11%
FCF Margin13%6%13%11%

Asseco SEE Growth Rates

FY+1/FY23/2424/2525/2626/2727/2828/29
Revenue Growth9%4%5%12%
Gross Profit Growth35%5%10%35%
EBITDA Growth7%3%(4%)14%
EBIT Growth12%(0%)13%13%
Net Profit Growth9%(1%)(0%)11%
FCF Growth(5%)(55%)114%(5%)

Data powered by FactSet, Inc. and Morningstar, Inc.

Asseco SEE Operational KPIs

Asseco SEE's revenue per employee in the last FY averaged $0.3M, while opex per employee averaged $0.0M for the same period.

Asseco SEE's Rule of 40 is 32% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Asseco SEE's Rule of X is 51% (created by Bessemer, Rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

Access forward-looking KPIs for Asseco SEE
LTMLast FY202320242025202620272028
Rule of 4028%32%
Bessemer Rule of X41%51%
Revenue per Employee$0.3M
Opex per Employee$0.0M
S&M Expenses to Revenue6%7%6%7%7%
G&A Expenses to Revenue6%6%6%6%6%
Opex to Revenue13%12%13%13%

Data powered by FactSet, Inc. and Morningstar, Inc.

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Asseco SEE Competitors

Asseco SEE competitors include Inspur, Quest Holdings, CANCOM, Atos, Asseco Business Solutions, Tata Teleservices, Tinexta, Magic Software, Future Corporation and ASGN.

Most Asseco SEE public comparables operate across IT Consulting.

EV/RevenueEV/EBITDA
Last FYLTM2027ELast FYLTM2027E
Inspur4.5x(25.7x)
Quest Holdings0.5x6.6x
CANCOM0.3x0.3x4.8x5.3x
Atos0.3x0.3x2.8x2.9x
Asseco Business Solutions6.2x6.0x15.9x15.3x
Tata Teleservices23.6x21.1x
Tinexta2.0x2.0x8.9x8.7x
Magic Software

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About Asseco SEE

When was Asseco SEE founded?Asseco SEE was founded in 2007.
Where is Asseco SEE headquartered?Asseco SEE is headquartered in Poland.
How many employees does Asseco SEE have?As of today, Asseco SEE has over 1K employees.
Is Asseco SEE publicly listed?Yes, Asseco SEE is a public company listed on Warsaw Stock Exchange.
What is the stock symbol of Asseco SEE?Asseco SEE trades under ASE ticker.
When did Asseco SEE go public?Asseco SEE went public in 2009.
Who are competitors of Asseco SEE?Asseco SEE main competitors include Inspur, Quest Holdings, CANCOM, Atos, Asseco Business Solutions, Tata Teleservices, Tinexta, Magic Software, Future Corporation, ASGN.
What is the current market cap of Asseco SEE?Asseco SEE's current market cap is $840M.
What is the current revenue of Asseco SEE?Asseco SEE's last 12 months revenue is $525M.
What is the current revenue growth of Asseco SEE?Asseco SEE revenue growth (NTM/LTM) is 9%.
What is the current EV/Revenue multiple of Asseco SEE?Current revenue multiple of Asseco SEE is 1.5x.
Is Asseco SEE profitable?Yes, Asseco SEE is EBITDA-positive (as of the last 12 months).
What is the current EBITDA of Asseco SEE?Asseco SEE's last 12 months EBITDA is $104M.
What is Asseco SEE's EBITDA margin?Asseco SEE's last 12 months EBITDA margin is 20%.
What is the current EV/EBITDA multiple of Asseco SEE?Current EBITDA multiple of Asseco SEE is 7.7x.
What is the current FCF of Asseco SEE?Asseco SEE's last 12 months FCF is $61M.
What is Asseco SEE's FCF margin?Asseco SEE's last 12 months FCF margin is 12%.
What is the current EV/FCF multiple of Asseco SEE?Current FCF multiple of Asseco SEE is 13.2x.
How many companies Asseco SEE has acquired to date?Asseco SEE hasn't acquired any companies yet (or none have been disclosed publicly).
In how many companies Asseco SEE has invested to date?Asseco SEE hasn't invested in any companies yet (or none have been disclosed publicly).

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