Polish Undervalued over 20% based on DCF

Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna

Market Cap: zł101.5b

Provides various banking products and services in Poland and internationally.

Powszechny Zaklad Ubezpieczen

Market Cap: zł53.8b

Provides life and non-life insurance products and services in Poland, the Baltic States, and Ukraine.

Bank Polska Kasa Opieki

Market Cap: zł52.4b

A commercial bank, provides banking products and services to retail and corporate clients in Poland.

Dino Polska

Market Cap: zł46.6b

Operates a network of mid-sized grocery supermarkets under the Dino brand name in Poland.

ING Bank Slaski

Market Cap: zł42.9b

Together with our subsidiaries, provides various banking products and services for retail clients and businesses in Poland.

Allegro.eu

Market Cap: zł37.6b

Operates a go-to commerce platform for consumers in Poland and internationally.

mBank

Market Cap: zł36.8b

Provides various banking and financial services in Poland, the Czech Republic, Slovakia, and internationally.

LPP

Market Cap: zł30.0b

Designs, manufactures, and distributes apparel for women, men, and children.

KGHM Polska Miedz

Market Cap: zł25.3b

Engages in the exploration and mining of copper, nickel, precious metals, and non-ferrous metals in Poland and internationally.

Bank Millennium

Market Cap: zł17.3b

Provides various banking products and services in Poland.

Bank Handlowy w Warszawie

Market Cap: zł14.1b

Provides a range of banking services for individual and corporate clients in Poland and internationally.

Asseco Poland

Market Cap: zł13.8b

Produces and sells software products worldwide.

Orange Polska

Market Cap: zł11.4b

Provides telecommunications services for individuals, businesses, and wholesale customers in Poland.

Grupa Kety

Market Cap: zł8.5b

Through its subsidiaries, manufactures and sells aluminum profiles and components in Poland and internationally.

XTB

Market Cap: zł8.2b

Provides ETF, currency derivatives, commodities, indices, stocks, and bonds brokerage services in Central and Eastern Europe, Western Europe, Latin America, and the Middle East.

Inter Cars

Market Cap: zł7.9b

Engages in the import and distribution of spare parts for passenger cars and commercial vehicles in Poland, Romania, and internationally.

KRUK Spólka Akcyjna

Market Cap: zł7.9b

Engages in the management of debt in Poland, Romania, Italy, the Czech Republic, Slovakia, Germany, Spain, and internationally.

Diagnostyka

Market Cap: zł6.2b

Operates as a medical laboratory.

Grupa Pracuj

Market Cap: zł4.3b

Operates HR technology platform in Poland, Ukraine, and Germany.

Develia

Market Cap: zł3.7b

Through its subsidiaries, buys, develops, rents, manages, and sells real estate properties in Poland.

Archicom

Market Cap: zł2.7b

Engages in the real estate activities in Poland.

Atal

Market Cap: zł2.4b

Engages in the development and sale of residential buildings in Poland.

Rainbow Tours

Market Cap: zł2.0b

Operates as a tour operator in Poland, the Czech Republic, Greece, Spain, Turkey, Slovakia, Lithuania, and internationally.

Voxel

Market Cap: zł1.9b

Operates a network of diagnostic imaging laboratories in Poland.

Synektik Spólka Akcyjna

Market Cap: zł1.7b

Provides products, services, and IT solutions for surgery, diagnostic imaging, and nuclear medicine applications in Poland.

Murapol

Market Cap: zł1.6b

Engages in residential real estate development in Poland.

AB

Market Cap: zł1.6b

Distributes IT products primarily in Poland, the Czech Republic, and Slovakia.

ASBISc Enterprises

Market Cap: zł1.5b

Operates as a trader and distributor of computer hardware and software in the Former Soviet Union, Central Eastern Europe, Western Europe, the Middle east, Africa, and internationally.

Huuuge

Market Cap: zł1.1b

Operates as a free-to-play games developer and publisher on mobile platform in North America, Europe, the Asia Pacific, and internationally.

Oponeo.pl

Market Cap: zł1.0b

Engages in the online retail of tires and wheels for motor vehicles in Poland and internationally.

Fabryka Farb i Lakierów Sniezka

Market Cap: zł984.2m

Engages in the manufacture and sale of decorative paints in Poland, Hungary, Ukraine, Belarus, and internationally.

Mo-BRUK

Market Cap: zł980.1m

Processes industrial, hazardous, and municipal waste in Poland, Germany, Italy, Slovenia, Denmark, Romania, and Lithuania.

VRG

Market Cap: zł951.9m

Designs, manufactures, and distributes jewelry and clothing for women and men in Poland, Hungary, the Eurozone, and the United States.

Arlen

Market Cap: zł847.7m

Designs, manufactures, and distributes protective and business clothes.

Pkp Cargo

Market Cap: zł698.7m

Engages in the transport of goods and the provision of logistics services in the field of rail freight in Poland and internationally.

Ryvu Therapeutics

Market Cap: zł693.6m

A clinical-stage drug discovery and development company, engages in developing of small molecule therapies for treatment in oncology in Poland, European Union, and internationally.