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Hungary
In shortPannergy Nyilvánosan Működő Részvénytársaság is profitable, generates cash and carries moderate debt, with revenue growing (+35.3% last year).
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. | 21.5% | 88/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 17.7% | 91/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 15.6% | 78/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 8.4% | 56/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.34× | 45/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.71× | 71/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 1.70× | 66/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | – | n/a |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | – | n/a |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 38.4% | 100/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 2.16× | 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 | 13.8% | 60/100 |
| Operating margin volatility | 3.1% | 81/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 17.7% | 100/100 |
|---|---|---|
| EPS growth, 3-year average | 100.0% | 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 | 5,648 | 5,923 | 6,439 | 7,145 | 9,668 |
| Cost of revenue | 4,193 | 4,479 | 4,859 | 5,047 | 6,625 |
| Gross profit | 1,455 | 1,444 | 1,580 | 2,098 | 3,043 |
| Operating income | 1,198 | 1,075 | 1,283 | 1,896 | 2,078 |
| Pre-tax income | 782 | 262 | 964 | 1,416 | 1,837 |
| Income tax | 47 | 25 | 67 | 106 | (121) |
| Net income | 728 | 236 | 897 | 1,310 | 1,716 |
| Diluted EPS | HUF40.77 | HUF14.01 | HUF54.71 | HUF82.00 | HUF112.00 |
Not computed: a required balance-sheet item is missing.
8/9
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