Bank Polska Kasa Opieki S.A.

WSE:PEO Stock Report

Market Cap: zł37.3b

Bank Polska Kasa Opieki Valuation

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

Valuation Score

6/6

Valuation Score 6/6

  • 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 PEO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: PEO (PLN142.25) is trading below our estimate of fair value (PLN321.52)

Significantly Below Fair Value: PEO is trading below fair value by more than 20%.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for PEO. This is calculated by dividing PEO's market cap by their current earnings.
What is PEO's PE Ratio?
PE Ratio5.9x
Earningszł6.32b
Market Capzł37.34b

Price to Earnings Ratio vs Peers

How does PEO's PE Ratio compare to its peers?

The above table shows the PE ratio for PEO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average11.2x
SPL Santander Bank Polska
9.1x5.1%zł47.9b
ING ING Bank Slaski
7.3x-1.6%zł31.6b
MBK mBank
18.6x29.9%zł23.0b
PKO Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna
10x8.6%zł75.4b
PEO Bank Polska Kasa Opieki
5.9x-5.7%zł37.3b

Price-To-Earnings vs Peers: PEO is good value based on its Price-To-Earnings Ratio (5.9x) compared to the peer average (11.2x).

Price to Earnings Ratio vs Industry

How does PEO's PE Ratio compare vs other companies in the European Banks Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
PEO 5.9xIndustry Avg. 7.7xNo. of Companies40PE0612182430+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: PEO is good value based on its Price-To-Earnings Ratio (5.9x) compared to the European Banks industry average (7.6x).

Price to Earnings Ratio vs Fair Ratio

What is PEO'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.

PEO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio5.9x
Fair PE Ratio8.1x

Price-To-Earnings vs Fair Ratio: PEO is good value based on its Price-To-Earnings Ratio (5.9x) compared to the estimated Fair Price-To-Earnings Ratio (8.1x).

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 PEO forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentzł142.25
zł183.41
+28.9%
9.6%zł228.00zł160.00n/a13
Dec ’25zł135.65
zł190.94
+40.8%
9.5%zł228.00zł173.00n/a13
Nov ’25zł140.20
zł194.09
+38.4%
8.5%zł228.00zł173.00n/a13
Oct ’25zł145.35
zł194.09
+33.5%
8.5%zł228.00zł173.00n/a13
Sep ’25zł158.45
zł192.40
+21.4%
9.2%zł228.00zł161.00n/a13
Aug ’25zł156.00
zł192.50
+23.4%
9.6%zł228.00zł161.00n/a13
Jul ’25zł168.65
zł194.66
+15.4%
9.7%zł228.00zł161.00n/a14
Jun ’25zł160.00
zł195.31
+22.1%
8.9%zł228.00zł173.00n/a14
May ’25zł169.00
zł192.52
+13.9%
9.3%zł228.00zł165.00n/a14
Apr ’25zł181.85
zł183.25
+0.8%
12.8%zł227.50zł150.00n/a12
Mar ’25zł173.00
zł173.81
+0.5%
10.6%zł202.00zł150.00n/a13
Feb ’25zł154.55
zł163.42
+5.7%
11.4%zł201.80zł131.00n/a13
Jan ’25zł152.05
zł159.19
+4.7%
11.0%zł201.80zł131.00n/a13
Dec ’24zł147.80
zł151.96
+2.8%
14.8%zł201.80zł109.00zł135.6513
Nov ’24zł127.70
zł131.00
+2.6%
11.8%zł156.00zł101.00zł140.2012
Oct ’24zł100.95
zł128.31
+27.1%
13.1%zł156.00zł94.00zł145.3513
Sep ’24zł109.10
zł128.50
+17.8%
12.7%zł156.00zł99.00zł158.4513
Aug ’24zł117.20
zł125.96
+7.5%
13.5%zł156.00zł99.00zł156.0013
Jul ’24zł110.80
zł124.73
+12.6%
11.9%zł156.00zł101.00zł168.6513
Jun ’24zł98.68
zł120.77
+22.4%
11.7%zł156.00zł101.00zł160.0013
May ’24zł95.98
zł117.69
+22.6%
11.4%zł156.00zł101.00zł169.0013
Apr ’24zł85.46
zł113.00
+32.2%
7.8%zł127.00zł101.00zł181.8513
Mar ’24zł89.70
zł108.68
+21.2%
9.1%zł127.00zł89.90zł173.0013
Feb ’24zł90.86
zł108.61
+19.5%
9.0%zł127.00zł89.90zł154.5513
Jan ’24zł86.50
zł105.53
+22.0%
11.6%zł127.00zł83.00zł152.0513
Dec ’23zł85.78
zł104.30
+21.6%
12.1%zł127.00zł83.00zł147.8013

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 11:42
End of Day Share Price 2024/12/18 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

Bank Polska Kasa Opieki S.A. is covered by 39 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Cristina MarzeaBarclays
Andreas MarkouBerenberg
Kamil KliszczBiuro maklerskie mBanku