Gielda Papierów Wartosciowych w Warszawie (GPW) Stock Overview
Operates a stock exchange in Poland. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
GPW Community Fair Values
Create NarrativeSee what 18 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Gielda Papierów Wartosciowych w Warszawie S.A. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | zł101.80 |
| 52 Week High | zł101.90 |
| 52 Week Low | zł51.15 |
| Beta | 0.54 |
| 1 Month Change | 21.19% |
| 3 Month Change | 30.43% |
| 1 Year Change | 89.93% |
| 3 Year Change | 158.24% |
| 5 Year Change | 112.08% |
| Change since IPO | 88.52% |
Recent News & Updates
Narrative Update • Jul 02
GPW: Future Dividend Payout And Margin Outlook Will Shape Fair Valuation
Analysts have raised their price target for Gielda Papierów Wartosciowych w Warszawie from PLN 80.00 to PLN 92.50, citing updated assumptions that include a slightly adjusted discount rate, revised revenue growth expectations, a higher profit margin estimate, and a lower future P/E multiple. What's in the News for Gielda Papierów Wartosciowych w Warszawie Gielda Papierów Wartosciowych w Warszawie S.A. announced an annual dividend of PLN 3.40 per share.
Narrative Update • Jun 18
GPW: Future Dividend Will Not Justify Rich Stock P E Multiple
Analysts have kept their PLN fair value estimate for Gielda Papierów Wartosciowych w Warszawie essentially unchanged at PLN 73.37, attributing this to very small adjustments in discount rate, revenue growth and profit margin assumptions rather than any shift in their broader view of the stock. What's in the News Gielda Papierów Wartosciowych w Warszawie S.A. announced an annual dividend of PLN 3.40 per share, with payment scheduled for August 6, 2026, according to a key developments update.Narrative Update • Jun 04
GPW: Future Dividend Appeal Will Not Offset Lower P E Multiple
Analysts have adjusted their price target for Gielda Papierów Wartosciowych w Warszawie from PLN 69.45 to about PLN 73.37, reflecting updated assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E. What's in the News Gielda Papierów Wartosciowych w Warszawie S.A. announced an annual dividend of PLN 3.40 per share.Recent updates
Narrative Update • Jul 02
GPW: Future Dividend Payout And Margin Outlook Will Shape Fair Valuation
Analysts have raised their price target for Gielda Papierów Wartosciowych w Warszawie from PLN 80.00 to PLN 92.50, citing updated assumptions that include a slightly adjusted discount rate, revised revenue growth expectations, a higher profit margin estimate, and a lower future P/E multiple. What's in the News for Gielda Papierów Wartosciowych w Warszawie Gielda Papierów Wartosciowych w Warszawie S.A. announced an annual dividend of PLN 3.40 per share.Narrative Update • Jun 18
GPW: Future Dividend Will Not Justify Rich Stock P E Multiple
Analysts have kept their PLN fair value estimate for Gielda Papierów Wartosciowych w Warszawie essentially unchanged at PLN 73.37, attributing this to very small adjustments in discount rate, revenue growth and profit margin assumptions rather than any shift in their broader view of the stock. What's in the News Gielda Papierów Wartosciowych w Warszawie S.A. announced an annual dividend of PLN 3.40 per share, with payment scheduled for August 6, 2026, according to a key developments update.Narrative Update • Jun 04
GPW: Future Dividend Appeal Will Not Offset Lower P E Multiple
Analysts have adjusted their price target for Gielda Papierów Wartosciowych w Warszawie from PLN 69.45 to about PLN 73.37, reflecting updated assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E. What's in the News Gielda Papierów Wartosciowych w Warszawie S.A. announced an annual dividend of PLN 3.40 per share.Narrative Update • May 03
GPW: Fair Outlook Will Balance Dividend Appeal And Lower Future P/E
Analysts have nudged their price target for Gielda Papierów Wartosciowych w Warszawie up from PLN 66.23 to about PLN 69.45, citing updated assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E as the drivers of this recalibration. What's in the News Announced an annual dividend of PLN 3.40 per share, with payment scheduled for August 6, 2026 (Key Developments).Narrative Update • Apr 18
GPW: Stable Outlook Will Likely Struggle With Elevated Future P/E Multiple
Analysts have maintained their PLN fair value estimate for Gielda Papierów Wartosciowych w Warszawie at PLN 66.23, making only minor adjustments to the discount rate and long-term assumptions regarding growth, margins, and future P/E. These changes support an unchanged overall price target view.
New Narrative • Apr 08
Heavy CapEx And Normalising Trading Volumes Will Pressure Future Earnings Potential
Catalysts About Gielda Papierów Wartosciowych w Warszawie Gielda Papierów Wartosciowych w Warszawie operates the Warsaw Stock Exchange and related market infrastructure for equities, commodities and associated services. What are the underlying business or industry changes driving this perspective?Narrative Update • Apr 03
GPW: Stable Outlook Will Likely Struggle With Elevated Future P/E Multiple
Analysts have nudged their price target for Gielda Papierów Wartosciowych w Warszawie higher from PLN 63.87 to PLN 66.23, reflecting updated assumptions for profit margins, revenue growth and future P/E levels. Valuation Changes Fair Value: updated from PLN 63.87 to PLN 66.23, indicating a modest uplift in the assessed share valuation.New Narrative • Mar 24
Record Equity And ETF Trading Will Support Long Term Exchange Strength
Catalysts About Gielda Papierów Wartosciowych w Warszawie Gielda Papierów Wartosciowych w Warszawie operates the Warsaw Stock Exchange and related capital and commodity market infrastructure in Poland and Armenia. What are the underlying business or industry changes driving this perspective?Narrative Update • Mar 18
GPW: Stable Outlook Will Likely Struggle Against Overextended Earnings Multiple
Analysts have kept their price target for Gielda Papierów Wartosciowych w Warszawie steady at PLN 63.87, with only minor tweaks to inputs such as the discount rate and the assumed future P/E supporting this unchanged view. Valuation Changes Fair Value: PLN 63.87 is unchanged, indicating the overall valuation output remains stable.Narrative Update • Mar 04
GPW: Stable Outlook Will Face Pressure From Higher Future P E Multiple
Analysts have raised their price target for Gielda Papierów Wartosciowych w Warszawie from PLN 60.64 to approximately PLN 63.87, citing updated assumptions on fair value, the discount rate, and a slightly higher future P/E multiple. Valuation Changes Fair Value: updated from PLN 60.64 to PLN 63.87, reflecting a modest uplift in the estimated share valuation.Narrative Update • Feb 17
GPW: Stable Outlook Will Be Weighed By Lower Future P E Multiple
Analysts have kept their price target for Giełda Papierów Wartościowych w Warszawie steady at PLN 60.64. They highlight only fine tuning in factors like the discount rate and expected future P/E rather than a shift in their overall view of the shares.Narrative Update • Feb 03
GPW: Stable Outlook Will Be Undermined By Compressed Future P E Multiple
Analysts have maintained their fair value estimate for Gielda Papierów Wartosciowych w Warszawie at €60.64, with only minor technical adjustments to inputs such as the discount rate, projected revenue growth, profit margin and future P/E assumptions supporting the unchanged price target. Valuation Changes Fair Value: Unchanged at €60.64.Narrative Update • Jan 20
GPW: Higher Profit Outlook Will Be Offset By Compressed Future P E Multiple
Analysts have adjusted their price targets for Gielda Papierów Wartosciowych w Warszawie, citing updated assumptions for revenue growth, profit margin, and a lower future P/E multiple, while the fair value estimate remains at €60.64. Valuation Changes Fair Value: The fair value estimate is unchanged at €60.64, so the headline valuation output remains the same.Narrative Update • Jan 06
GPW: Future Returns Will Reflect Fair Pricing And Stable Profitability Assumptions
Analysts have raised their price target for Gielda Papierów Wartosciowych w Warszawie from €54.71 to €60.64, reflecting updated assumptions around fair value, discount rate, revenue growth, profit margin and future P/E. Valuation Changes Fair Value: updated from €54.71 to €60.64, indicating a moderate upward revision in the estimated share value.Analysis Article • May 02
Gielda Papierów Wartosciowych w Warszawie (WSE:GPW) Is Increasing Its Dividend To PLN3.15
The board of Gielda Papierów Wartosciowych w Warszawie S.A. ( WSE:GPW ) has announced that the dividend on 6th of...
New Narrative • Feb 23
ETFs And New Platform Watts Set To Influence Future Market Dynamics
Significant equity trading growth driven by IPOs may boost future revenue and market activity.Analysis Article • Jul 22
Gielda Papierów Wartosciowych w Warszawie (WSE:GPW) Will Pay A Larger Dividend Than Last Year At PLN3.00
Gielda Papierów Wartosciowych w Warszawie S.A.'s ( WSE:GPW ) periodic dividend will be increasing on the 7th of August...Analysis Article • Jul 05
Gielda Papierów Wartosciowych w Warszawie (WSE:GPW) Is Increasing Its Dividend To PLN3.00
The board of Gielda Papierów Wartosciowych w Warszawie S.A. ( WSE:GPW ) has announced that the dividend on 7th of...Analysis Article • Jun 30
Gielda Papierów Wartosciowych w Warszawie (WSE:GPW) Has Announced That Its Dividend Will Be Reduced To PLN2.70
Gielda Papierów Wartosciowych w Warszawie S.A.'s ( WSE:GPW ) dividend is being reduced from last year's payment...Analysis Article • Jul 09
Gielda Papierów Wartosciowych w Warszawie (WSE:GPW) Is Paying Out A Larger Dividend Than Last Year
Gielda Papierów Wartosciowych w Warszawie S.A. ( WSE:GPW ) will increase its dividend on the 5th of August to zł2.74...Analysis Article • Jun 25
Gielda Papierów Wartosciowych w Warszawie (WSE:GPW) Has Announced That It Will Be Increasing Its Dividend To zł2.74
The board of Gielda Papierów Wartosciowych w Warszawie S.A. ( WSE:GPW ) has announced that it will be increasing its...Analysis Article • Jun 08
Gielda Papierów Wartosciowych w Warszawie (WSE:GPW) Is Paying Out A Larger Dividend Than Last Year
Gielda Papierów Wartosciowych w Warszawie S.A. ( WSE:GPW ) will increase its dividend on the 5th of August to zł2.74...Analysis Article • May 22
Gielda Papierów Wartosciowych w Warszawie (WSE:GPW) Is Increasing Its Dividend To zł2.74
The board of Gielda Papierów Wartosciowych w Warszawie S.A. ( WSE:GPW ) has announced that the dividend on 5th of...Analysis Article • Jun 22
Gielda Papierów Wartosciowych w Warszawie's (WSE:GPW) Upcoming Dividend Will Be Larger Than Last Year's
Gielda Papierów Wartosciowych w Warszawie S.A. ( WSE:GPW ) will increase its dividend on the 5th of August to zł2.50...Analysis Article • Feb 13
Key Things To Consider Before Buying Gielda Papierów Wartosciowych w Warszawie S.A. (WSE:GPW) For Its Dividend
Dividend paying stocks like Gielda Papierów Wartosciowych w Warszawie S.A. ( WSE:GPW ) tend to be popular with...Analysis Article • Jan 17
Did You Participate In Any Of Gielda Papierów Wartosciowych w Warszawie's (WSE:GPW) Respectable 77% Return?
Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the...Shareholder Returns
| GPW | PL Capital Markets | PL Market | |
|---|---|---|---|
| 7D | 6.3% | 5.8% | 0.8% |
| 1Y | 89.9% | 48.6% | 25.6% |
Return vs Industry: GPW exceeded the Polish Capital Markets industry which returned 48.6% over the past year.
Return vs Market: GPW exceeded the Polish Market which returned 25.6% over the past year.
Price Volatility
| GPW volatility | |
|---|---|
| GPW Average Weekly Movement | 3.9% |
| Capital Markets Industry Average Movement | 6.3% |
| Market Average Movement | 5.1% |
| 10% most volatile stocks in PL Market | 10.2% |
| 10% least volatile stocks in PL Market | 3.0% |
Stable Share Price: GPW has not had significant price volatility in the past 3 months compared to the Polish market.
Volatility Over Time: GPW's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1991 | 616 | Tomasz Bardzilowski | www.gpw.pl |
Gielda Papierów Wartosciowych w Warszawie S.A., together with its subsidiaries, operates a stock exchange in Poland. It operates through Financial, Commodity, and Other segments. The company trades in equities; equity-related financial instruments; other cash markets instruments, such as structured products, investment certificates, and exchange traded fund units; derivatives; corporate, municipal, co-operative, treasury, and mortgage bonds; debt instruments; and agricultural commodities, as well as provides listing, trading, clearing services for shares and bonds, and information services.
Gielda Papierów Wartosciowych w Warszawie S.A. Fundamentals Summary
| GPW fundamental statistics | |
|---|---|
| Market cap | zł4.27b |
| Earnings (TTM) | zł214.10m |
| Revenue (TTM) | zł588.32m |
20.0x
P/E Ratio7.3x
P/S RatioIs GPW overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| GPW income statement (TTM) | |
|---|---|
| Revenue | zł588.32m |
| Cost of Revenue | zł355.54m |
| Gross Profit | zł232.79m |
| Other Expenses | zł18.69m |
| Earnings | zł214.10m |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
Sep 03, 2026
| Earnings per share (EPS) | 5.10 |
| Gross Margin | 39.57% |
| Net Profit Margin | 36.39% |
| Debt/Equity Ratio | 0% |
How did GPW perform over the long term?
See historical performance and comparisonDividends
3.3%
Current Dividend Yield67%
Payout RatioDoes GPW pay a reliable dividends?
See GPW dividend history and benchmarks| Gielda Papierów Wartosciowych w Warszawie dividend dates | |
|---|---|
| Ex Dividend Date | Jul 22 2026 |
| Dividend Pay Date | Aug 06 2026 |
| Days until Ex dividend | 11 days |
| Days until Dividend pay date | 26 days |
Does GPW pay a reliable dividends?
See GPW dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/10 22:52 |
| End of Day Share Price | 2026/07/10 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Gielda Papierów Wartosciowych w Warszawie S.A. is covered by 9 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Beata Szparaga-Wasniewska | Biuro maklerskie mBanku |
| Andrzej Powierza | Citigroup Inc |
| Lukasz Janczak | Erste Group Bank AG |