Wirtualna Polska Holding S.A.

DB:9DE Stock Report

Market Cap: €692.3m

Wirtualna Polska Holding Valuation

Is 9DE undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 9DE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
€27.21
Fair Value
15.6% undervalued intrinsic discount
5
Number of Analysts

Below Fair Value: 9DE (€22.95) is trading below our estimate of fair value (€27.21)

Significantly Below Fair Value: 9DE is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 9DE?

Key metric: As 9DE is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 9DE. This is calculated by dividing 9DE's market cap by their current earnings.
What is 9DE's PE Ratio?
PE Ratio18.9x
Earningszł155.88m
Market Capzł2.95b

Price to Earnings Ratio vs Peers

How does 9DE's PE Ratio compare to its peers?

The above table shows the PE ratio for 9DE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average34.8x
NWO New Work
51.7xn/a€618.2m
YOC YOC
13.8x15.29%€52.1m
G24 Scout24
48.2x18.24%€8.3b
M8G Verve Group
25.6x28.72%€737.2m
9DE Wirtualna Polska Holding
18.9x19.76%€3.0b

Price-To-Earnings vs Peers: 9DE is good value based on its Price-To-Earnings Ratio (18.9x) compared to the peer average (34.8x).

Price to Earnings Ratio vs Industry

How does 9DE's PE Ratio compare vs other companies in the European Interactive Media and Services Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
9DE 18.9xIndustry Avg. 30.6xNo. of Companies5PE020406080100+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 9DE is good value based on its Price-To-Earnings Ratio (18.9x) compared to the European Interactive Media and Services industry average (30.6x).

Price to Earnings Ratio vs Fair Ratio

What is 9DE's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

9DE PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio18.9x
Fair PE Ratio20.7x

Price-To-Earnings vs Fair Ratio: 9DE is good value based on its Price-To-Earnings Ratio (18.9x) compared to the estimated Fair Price-To-Earnings Ratio (20.7x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 9DE forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€22.95
€25.84
+12.58%
16.21%€30.72€20.68n/a5
May ’26€21.00
€24.56
+16.96%
18.24%€30.48€19.22n/a6
Apr ’26€19.02
€25.16
+32.28%
18.80%€31.79€19.60n/a6
Mar ’26€17.20
€24.68
+43.51%
20.84%€31.74€18.85n/a6
Feb ’26€17.84
€24.60
+37.91%
20.84%€31.64€18.79n/a6
Jan ’26€18.00
€24.22
+34.53%
20.84%€31.14€18.50n/a6
Dec ’25€16.80
€26.23
+56.13%
15.82%€30.96€18.39n/a6
Nov ’25€16.72
€26.16
+56.49%
15.82%€30.89€18.35n/a6
Oct ’25€20.35
€28.57
+40.38%
9.18%€31.60€24.11n/a6
Sep ’25€22.55
€29.75
+31.92%
8.32%€33.74€26.30n/a6
Aug ’25€20.90
€30.89
+47.80%
8.71%€34.03€26.89n/a6
Jul ’25€24.10
€30.88
+28.12%
8.71%€34.01€26.88n/a6
Jun ’25€25.35
€30.88
+21.80%
8.71%€34.01€26.88n/a6
May ’25€27.50
€29.48
+7.20%
8.80%€33.64€26.68€21.006
Apr ’25€27.95
€31.17
+11.51%
6.29%€33.61€27.81€19.025
Mar ’25€26.75
€29.54
+10.42%
10.81%€33.60€24.33€17.205
Feb ’25€26.70
€28.94
+8.39%
12.61%€33.55€24.30€17.845
Jan ’25€27.75
€28.94
+4.29%
12.61%€33.55€24.30€18.005
Dec ’24€24.50
€28.94
+18.12%
12.61%€33.55€24.30€16.805
Nov ’24€22.95
€27.14
+18.27%
12.78%€31.37€22.72€16.725
Oct ’24€20.65
€27.84
+34.81%
12.38%€32.45€23.50€20.355
Sep ’24€22.35
€27.84
+24.55%
12.38%€32.45€23.50€22.555
Aug ’24€26.20
€28.42
+8.48%
13.40%€34.00€23.80€20.905
Jul ’24€25.95
€26.73
+3.02%
14.99%€33.43€23.40€24.105
Jun ’24€25.55
€27.26
+6.69%
16.76%€33.28€23.30€25.355
May ’24€24.05
€25.38
+5.53%
13.85%€31.18€22.42€27.505
AnalystConsensusTarget
Consensus Narrative from 5 Analysts
€25.29
Fair Value
9.3% undervalued intrinsic discount
5
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/18 07:44
End of Day Share Price 2025/05/16 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Wirtualna Polska Holding S.A. is covered by 10 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.

AnalystInstitution
Kamil KliszczBiuro maklerskie mBanku
Piotr BoguszErste Group Bank AG
Konrad KsiezopolskiHaitong Bank S.A.