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Hungary
In shortForrás Vagyonkezelési ÉS Befektetési Nyilvánosan Működő Részvénytársaság is profitable, generates cash and carries moderate debt, with revenue stable (−1.7% last year).
Financial health
Solid
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. | 16.9% | 73/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 53.7% | 100/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 26.2% | 100/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 5.4% | 36/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 2.04× | 100/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.28× | 96/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 1.10× | 83/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 1.02× | 0/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 3.24 | 55/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 23.6% | 100/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 0.44× | 17/100 |
| Years with positive free cash flow (last 5) | 3 of 4 | 69/100 |
Weight in the score: 20%
| Profitable years (last 5) | 4 of 4 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 1 of 3 | 44/100 |
| Revenue growth volatility | 280.1% | 0/100 |
| Operating margin volatility | 10.1% | 17/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 112.5% | 100/100 |
|---|---|---|
| EPS growth, 3-year average | 1805.2% | 100/100 |
Weight in the score: 10%
Fiscal year 2024 · 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 4 fiscal years from the company's annual reports.
HUF millions; negative values in parentheses.
| Fiscal year | FY20 | FY21 | FY23 | FY24 |
|---|---|---|---|---|
| Revenue | 2,137 | 3,411 | 20,852 | 20,503 |
| Operating income | 545 | 735 | 507 | 3,456 |
| Interest expense | 806 | 1,049 | 3,129 | 3,376 |
| Pre-tax income | 953 | 1,568 | 5,603 | 11,621 |
| Income tax | – | – | (111) | 618 |
| Net income | 878 | 1,317 | 5,380 | 11,003 |
| Diluted EPS | HUF176.00 | HUF263.00 | HUF619,400.00 | HUF1,217,100.00 |
3.24 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, 2024 · Data updated Dec 31, 2024