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Benefit Systems SA
WSE:BFT

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Benefit Systems SA
WSE:BFT
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Price: 3 906 PLN -1.96% Market Closed
Market Cap: zł12.9B

EV/OCF

13.3
Current
40%
More Expensive
vs 3-y average of 9.5

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
13.3
=
Enterprise Value
zł14.4B
/
Operating Cash Flow
zł1.1B

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
13.3
=
Enterprise Value
zł14.4B
/
Operating Cash Flow
zł1.1B

Valuation Scenarios

Benefit Systems SA is trading above its 3-year average

If EV/OCF returns to its 3-Year Average (9.5), the stock would be worth zł2 783.54 (29% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-31%
Maximum Upside
No Upside Scenarios
Average Downside
27%
Scenario EV/OCF Value Implied Price Upside/Downside
Current Multiple 13.3 zł3 906
0%
3-Year Average 9.5 zł2 783.54
-29%
5-Year Average 9.5 zł2 783.54
-29%
Industry Average 10.8 zł3 172.86
-19%
Country Average 9.2 zł2 711.82
-31%

Forward EV/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward EV/OCF

Peer Comparison

All Multiples
EV/OCF
P/E
All Countries
Close
Market Cap EV/OCF P/E
PL
Benefit Systems SA
WSE:BFT
12.8B PLN 13.3 22.4
JP
Recruit Holdings Co Ltd
TSE:6098
11T JPY 17.7 26.6
NL
Randstad NV
AEX:RAND
4.3B EUR 6.3 14.7
CN
51job Inc
F:IWQ
3.9B EUR 206.3 49
US
Robert Half Inc
SWB:RHJ
3.5B EUR 11.4 30.9
CH
Adecco Group AG
SIX:ADEN
3.2B CHF 9.2 11.7
US
Korn Ferry
NYSE:KFY
3.4B USD 7.8 13.1
JP
Persol Holdings Co Ltd
TSE:2181
537B JPY 6.4 13.6
JP
TechnoPro Holdings Inc
TSE:6028
502.9B JPY 15.7 30.7
SG
Jinhai International Group Holdings Ltd
HKEX:2225
23.4B HKD -17 352.6 -224.8
US
Robert Half International Inc
NYSE:RHI
2.8B USD 7.5 21.7

Market Distribution

In line with most companies in Poland
Percentile
62st
Based on 372 companies
62st percentile
13.3
Low
0.3 — 5.6
Typical Range
5.6 — 16
High
16 —
Distribution Statistics
Poland
Min 0.3
30th Percentile 5.6
Median 9.2
70th Percentile 16
Max 13 869.6

Benefit Systems SA
Glance View

Benefit Systems SA, a robust player hailing from Poland, has carved a unique niche for itself in the booming wellness and fitness industry. Founded in 2001, the company orchestrates a symphony of employee benefits programs, with its flagship product, the MultiSport card, acting as the crescendo. The MultiSport card, a subscription-based service, grants access to an extensive network of recreational and sports facilities. This innovative solution addresses the growing corporate focus on employee well-being and engagement, allowing companies to offer their workforce a convenient and cost-effective fitness option. Benefit Systems thus positions itself at the heart of a cultural shift towards healthier lifestyles, making fitness more accessible and appealing through its partnerships with hundreds of fitness clubs, swimming pools, and sports centers. Beyond the core MultiSport offering, Benefit Systems has diversified its portfolio, venturing into areas such as cafeteria programs and management of sports facilities. The company's cafeteria systems provide a flexible benefit management platform, enabling employers to offer various perks, from meal vouchers to cultural packages, balancing the needs and interests of their employees. By leveraging this model, Benefit Systems generates revenue through subscription fees from employers and usage fees from service providers. As the company capitalizes on increasing health awareness and corporate responsibility trends, its innovative approaches continue to strengthen its market position, contributing to the company's financial health and paving the way for future expansions in the wellness sector.

BFT Intrinsic Value
3 128.42 PLN
Overvaluation 20%
Intrinsic Value
Price zł3 906
B
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