The value of a company on a market is connected to the theoretical or real value given by the share prices when a company is listed on the exchange. This price should be affected by the fundamental results the company is providing in reports to investors. In this paper it is shown that current ratio, cash conversion cycle and return on assets generally are not affecting the market price. There are only two exceptions where such relationships were found. Author concludes that Polish investors do not use fundamental analysis to make decisions or they interpret results incorrectly.
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