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Hungary
In shortKulcs-soft Nyilvánosan Működő Részvénytársaság is profitable.
Financial health
Strong
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 38.9% | 100/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 37.9% | 100/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 100.6% | 100/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | – | n/a |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 0.92× | 10/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | – | n/a |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | – | n/a |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 15.13× | 100/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 3.54 | 63/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 50.4% | 100/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 1.33× | 100/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 4 | 100/100 |
| Revenue growth volatility | 4.5% | 94/100 |
| Operating margin volatility | 3.4% | 78/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 12.5% | 86/100 |
|---|---|---|
| EPS growth, 3-year average | 20.3% | 100/100 |
Weight in the score: 10%
Fiscal year 2023 · change vs prior year
European data comes from annual reports in ESEF format (since 2020). Industry and ticker are not provided by this source.
Annual figures as reported. Hover a bar or point for the exact value.
The last 5 fiscal years from the company's annual reports.
HUF millions; negative values in parentheses.
| Fiscal year | FY19 | FY20 | FY21 | FY22 | FY23 |
|---|---|---|---|---|---|
| Revenue | 1,788 | 2,011 | 2,202 | 2,408 | 2,865 |
| Operating income | 577 | 716 | 875 | 972 | 1,114 |
| Interest expense | 3.6 | 41 | 19 | 33 | 74 |
| Pre-tax income | 575 | 678 | 867 | 994 | 1,193 |
| Net income | 545 | 624 | 796 | 904 | 1,085 |
| Diluted EPS | HUF91.00 | HUF104.00 | HUF133.00 | HUF151.00 | HUF181.00 |
3.54 Safe zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
4/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: filings.xbrl.org (ESEF). Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 31, 2023 · Data updated Dec 31, 2023