What is Passus S.A.'s (PAS.WA) StockRank?

MoatMap's StockRank for Passus S.A. (PAS.WA) is 74/100, with a Buy signal. This is a composite score combining Quality (66), Value (46), and Momentum (50) factor ranks across MoatMap's 20,000+ stock universe.

Does Passus S.A. have an economic moat?

Passus S.A. (PAS.WA) has a Quality factor score of 66/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the financial characteristics of a moated business.

Is Passus S.A. a buy, hold, or sell?

MoatMap's current signal for Passus S.A. (PAS.WA) is Buy, based on a StockRank of 74/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.

What sector is Passus S.A. in?

Passus S.A. (PAS.WA) operates in the Technology sector, specifically the Information Technology Services industry (Poland).

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PAS.WA

BUYREMOVE

Passus S.A. · Technology · Poland · $51M · Avg Vol: $143K/d

StockRank

P/E (TTM)

19.9x

ROE

51.5%

D/E

0.1x

Dividend %

—

Director Trades · 180d

None in 180d →

Subst. holders: −$601.2K

Buybacks · 180d

None in 180d →

AI CONVICTION THESIS

Passus S.A. is a small-cap Polish IT security and monitoring provider. While cybersecurity has structural demand, this micro-cap lacks the global scale, liquidity, and deep competitive moat required for a concentrated global fund, offering no clear asymmetric macro tailwind.

COMPANY DESCRIPTION

Passus S.A. is an IT specialist company focused on the design and implementation of advanced network performance monitoring and cybersecurity solutions. The company's competitive moat is its deep technical expertise in managing complex IT environments for large enterprise and public sector clients. It operates as a high-value niche systems integrator in the Polish IT services market.

FINANCIAL SUMMARY (USD)

Year	2022	2023	2024	2025	CAGR
Revenue	20.5M	23.3M	28.8M	33.0M	17.3%
EPS	0.56	0.21	1.73	1.44	36.6%
Shares	2.1M	2.1M	2.1M	1.9M	-8.1%
Debt	0.3M	0.3M	0.3M	0.2M	-9.2%
Equity	4.9M	5.9M	7.6M	6.9M	12.0%
Op CF	7.6M	-2.5M	1.6M	1.4M	-43.3%
Inv CF	-1.4M	-1.4M	73,903	-0.6M	—
Fin CF	-0.3M	-0.2M	-1.8M	-1.1M	—

PRICE (1Y)-2.4%

SMA 50SMA 200

$30.85

RSI (14)

49.1

52W High

$39.19

From 52W High

0.8%

SCORE BREAKDOWN

Quality

ROIC

44.3%98.2

ROE

51.5%96.7

GP/Assets

60.5%91.8

Op. Margin

5.2%44.9

FCF/Assets

-14.4%8.9

Piotroski

537.5

Int. Cover

50.0x84.5

D/E Ratio

0.14x60.9

Current Ratio

1.76x42.7

Value

P/E (TTM)

19.9x69.5

EV/EBITDA

12.7x66.5

P/FCF

—N/A

P/B

7.3x21.1

P/S

1.4x71.4

Div Yield

—N/A

Momentum

52W High %

79%59.1

RS 6M

17%69.4

SMA 50/200

1.10x56.1

EPS Rev 4W

—N/A

EPS Rev 12W

—N/A

EPS Improve

—N/A

Q Growth

—N/A

FUNDAMENTALS

Market Cap

$51M

P/E (Forward)

—

Gross Margin

37.8%

SECTOR PEERS

Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of PAS.WA are excluded.

Ticker	Company	Mkt Cap	StockRank	Signal
PAS.WA	Passus S.A.(you)	$51M	74	BUY
IFI.WA	Ifirma SA	$42M	85	STRONG BUY
ALL.WA	Ailleron S.A.	$54M	96	STRONG BUY
ATD.WA	Atende S.A.	$36M	51	HOLD
YRL.WA	yarrl S.A.	$13M	82	STRONG BUY
CMP.WA	Comp S.A.	$486M	78	BUY
SGN.WA	Sygnity S.A.	$454M	80	STRONG BUY
OPM.WA	OPTeam Spólka Akcyjna	$13M	98	STRONG BUY
BCM.WA	Betacom S.A.	$6M	95	STRONG BUY
CBF.WA	Cyber_Folks S.A.	$790M	26	SELL

Peer medians: ROE 13.9% · P/E 15.8x · Gross margin 27.2%

Passus S.A. (PAS.WA) — Stock Score Summary

Passus S.A. (PAS.WA) has a MoatMap StockRank of 74/100 based on Quality (66/100), Value (46/100), and Momentum (50/100) factor scores. The current signal is BUY. Passus S.A. is a small-cap Polish IT security and monitoring provider. While cybersecurity has structural demand, this micro-cap lacks the global scale, liquidity, and deep competitive moat required for a concentrated global fund, offering no clear asymmetric macro tailwind.

Key Financial Metrics

Price	$30.85
Market Cap	$51M
P/E (TTM)	19.93
Price/Book	7.35
Return on Equity	51.5%
Return on Invested Capital	44.3%
Debt/Equity	13.93
Gross Margin	37.8%
Operating Margin	5.2%
Revenue Growth	106.8%
Free Cash Flow	$-3M

Passus S.A. operates in the Information Technology Services industry, part of the Technology sector (Poland).

Frequently Asked Questions

What is Passus S.A.’s (PAS.WA) StockRank?: MoatMap’s StockRank for Passus S.A. (PAS.WA) is 74/100, with a Buy signal. It is a composite of Quality (66), Value (46), and Momentum (50) factor ranks across MoatMap’s 20,000+ stock universe.
Does Passus S.A. have an economic moat?: Passus S.A. (PAS.WA) has a Quality factor score of 66/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Passus S.A. a buy, hold, or sell?: MoatMap’s current signal for Passus S.A. (PAS.WA) is Buy, based on a StockRank of 74/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is Passus S.A. in?: Passus S.A. (PAS.WA) operates in the Technology sector, specifically the Information Technology Services industry (Poland).