Asseco South Eastern Europe (ASEE), this under-followed IT/fintech company serving the banking and payment industry in Southern Europe has compounded EPS at an impressive CAGR of 19% since 2013.
Good point Andrew. Especially the dedicated solution which is just 8% EBT Earning before tax. I think that segment should be deprioritze. Payment with 14-15% could be better and hasn't improved in the last 10 years, however it is in fast expansion so might be understandable. The banking unit with 25% is pretty good no? Do you have comparable that is better?
How do feel about investing in the parent company Asseco listed in Poland?
Good point Andrew. Especially the dedicated solution which is just 8% EBT Earning before tax. I think that segment should be deprioritze. Payment with 14-15% could be better and hasn't improved in the last 10 years, however it is in fast expansion so might be understandable. The banking unit with 25% is pretty good no? Do you have comparable that is better?
Wish they had better margins