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BHW: Future Earnings Multiple Will Likely Balance Margin And Revenue Pressures

Update shared on 04 Dec 2025

Fair value Decreased 4.95%
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AnalystConsensusTarget's Fair Value
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1Y
12.5%
7D
1.0%

Analysts have trimmed their price target for Bank Handlowy w Warszawie from PLN 116.60 to PLN 110.83, citing expectations of slightly weaker revenue growth, a modestly lower profit margin, and a marginally higher discount rate. Despite these changes, the stock is now trading at a more attractive forward P/E multiple.

Valuation Changes

  • Fair Value Estimate has been reduced slightly from PLN 116.60 to PLN 110.83, reflecting a more conservative outlook.
  • Discount Rate has edged up marginally from 9.31 percent to 9.31 percent, implying a slightly higher required return.
  • Revenue Growth expectations have deteriorated modestly, with the projected decline widening from approximately 11.7 percent to 13.4 percent.
  • Net Profit Margin has been revised down slightly from about 49.0 percent to 47.4 percent, indicating a minor compression in profitability.
  • Future P/E has fallen moderately from 14.29x to 13.67x, suggesting the shares are now priced on a lower earnings multiple.

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Disclaimer

AnalystConsensusTarget is a tool utilizing a Large Language Model (LLM) that ingests data on consensus price targets, forecasted revenue and earnings figures, as well as the transcripts of earnings calls to produce qualitative analysis. The narratives produced by AnalystConsensusTarget are general in nature and are based solely on analyst data and publicly-available material published by the respective companies. These scenarios are not indicative of the company's future performance and are exploratory in nature. Simply Wall St has no position in the company(s) mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The price targets and estimates used are consensus data, and do not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that AnalystConsensusTarget's analysis may not factor in the latest price-sensitive company announcements or qualitative material.