Share quotations at the Warsaw Stock Exchange
In 2023, the share price of Grupa KĘTY rose by about 63% from PLN 474.5 to PLN 745.0, and behaved better than the broad WIG market index, which rose by about 37% in that period.
Until about mid-March, the share price remained in a sideways trend and fluctuated between roughly PLN 474 and PLN 520 (the annual minimum was recorded on 16 January at PLN 474), after which an upward trend developed until about mid-August, when the share price raised to PLN 734 on 10 August.
Then, until early October, the correction of the earlier increases continued and the share price fell to PLN 618 on 14 September.
The fourth quarter brought a rebound in the price and a return of the share price to the level close to PLN 745 at the end of the year, passing the annual maximum in November at PLN 756.
In 2023, Grupa KĘTY paid dividend of PLN 62.50 per share, resulting in 9.34% Dividend Yield in reference to the price as at the date of determining the right to dividend.
The increase in the share price in 2023 resulted in a higher market capitalisation of the Company to over PLN 7,189 million as at 31 December 2023.
The higher closing price at the end of the year, with lower net profit attributable to owners of the parent and slightly lower equity attributable to owners of the parent, resulted in an increase in the Price to Earnings ratio and Price to Book Value ratio, which at the end of 2023 equalled 13.34 and 3.80, respectively.
A decrease in net profit attributable to owners of the parent year over year, with unchanged number of shares, resulted in lower Earnings Per Share ratio, which amounted to PLN 55.86 at the end of 2023.
Capital market ratios of the company
| Grupa KĘTY | 31.12.2021 r. | 31.12.2022 r. | 31.12.2023 r. |
| Price to Earnings (P/E)* | 8.25 | 5.93 | 13.34 |
| Price to Book Value (P/BV)** | 2.77 | 2.07 | 3.80 |
| Dividend Yield (DY)*** | 7.14% | 9.39% | 9.34% |
| Dividend Per Share (DPS) | PLN 44.57 | PLN 52.37 | PLN 62.50 |
| Earnings Per Share (EPS) **** | PLN 61.62 | PLN 70.29 | PLN 55.86 |
| Market Capitalisation of the Company | PLN 4,906,137,276.80 | PLN 4,024,113,384.00 | PLN 7,189,363,240.00 |
** The Company’s market capitalisation at the end of the year divided by consolidated equity attributable to owners of the parent.
*** The ratio of dividend per one share in the respective year to the closing price as at the date of determining the right to dividend.
**** The ratio of consolidated net profit attributable to owners of the parent to the number of shares.
In 2023, the Issuer did not apply to rating agencies for assigning a rating to the Issuer or its securities. To the best knowledge of the Issuer, neither the Issuer or its securities were given ratings by any of the three leading rating agencies (S&P, Moody’s, Fitch Ratings).