Bank Polska Kasa Opieki S.A.

WSE:PEO Stock Report

Market Cap: zł48.0b

Bank Polska Kasa Opieki Valuation

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

Valuation Score

5/6

Valuation Score 5/6

  • 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.

Discounted Cash Flow
Simply Wall St
zł311.58
Fair Value
41.3% undervalued intrinsic discount
13
Number of Analysts

Below Fair Value: PEO (PLN183.05) is trading below our estimate of fair value (PLN311.58)

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 Ratio7.1x
Earningszł6.73b
Market Capzł48.05b

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 Average9.8x
SPL Santander Bank Polska
9.1x6.39%zł51.9b
MBK mBank
12x16.32%zł38.6b
ING ING Bank Slaski
8.9x-0.18%zł40.7b
PKO Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna
9.1x7.09%zł91.1b
PEO Bank Polska Kasa Opieki
7.1x-1.22%zł48.0b

Price-To-Earnings vs Peers: PEO is good value based on its Price-To-Earnings Ratio (7.1x) compared to the peer average (9.8x).

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 7.1xIndustry Avg. 9.6xNo. of Companies47PE0612182430+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: PEO is good value based on its Price-To-Earnings Ratio (7.1x) compared to the European Banks industry average (9.6x).

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 Ratio7.1x
Fair PE Ratio8.4x

Price-To-Earnings vs Fair Ratio: PEO is good value based on its Price-To-Earnings Ratio (7.1x) compared to the estimated Fair Price-To-Earnings Ratio (8.4x).

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
Currentzł180.85
zł210.03
+16.14%
8.48%zł247.00zł175.00n/a13
Sep ’26zł181.70
zł208.95
+15.00%
8.00%zł247.00zł175.00n/a13
Aug ’26zł199.55
zł207.11
+3.79%
7.60%zł247.00zł175.00n/a13
Jul ’26zł182.50
zł206.70
+13.26%
7.96%zł247.00zł175.00n/a12
Jun ’26zł184.30
zł198.14
+7.51%
9.67%zł247.00zł175.00n/a13
May ’26zł188.35
zł188.76
+0.22%
11.67%zł247.00zł160.00n/a13
Apr ’26zł181.00
zł186.94
+3.28%
12.88%zł247.40zł153.00n/a13
Mar ’26zł170.00
zł182.10
+7.12%
9.71%zł212.00zł153.00n/a14
Feb ’26zł160.35
zł180.11
+12.32%
9.39%zł212.00zł153.00n/a13
Jan ’26zł137.90
zł182.21
+32.13%
8.12%zł212.40zł160.00n/a13
Dec ’25zł135.65
zł190.94
+40.76%
9.55%zł228.00zł173.00n/a13
Nov ’25zł140.20
zł194.09
+38.44%
8.51%zł228.00zł173.00n/a13
Oct ’25zł145.35
zł194.09
+33.53%
8.51%zł228.00zł173.00n/a13
Sep ’25zł158.45
zł192.40
+21.43%
9.22%zł228.00zł161.00zł181.7013
Aug ’25zł156.00
zł192.50
+23.40%
9.57%zł228.00zł161.00zł199.5513
Jul ’25zł168.65
zł194.66
+15.42%
9.68%zł228.00zł161.00zł182.5014
Jun ’25zł160.00
zł195.31
+22.07%
8.89%zł228.00zł173.00zł184.3014
May ’25zł169.00
zł192.52
+13.92%
9.31%zł228.00zł165.00zł188.3514
Apr ’25zł181.85
zł183.25
+0.77%
12.83%zł227.50zł150.00zł181.0012
Mar ’25zł173.00
zł173.81
+0.47%
10.60%zł202.00zł150.00zł170.0013
Feb ’25zł154.55
zł163.42
+5.74%
11.43%zł201.80zł131.00zł160.3513
Jan ’25zł152.05
zł159.19
+4.70%
11.05%zł201.80zł131.00zł137.9013
Dec ’24zł147.80
zł151.96
+2.82%
14.82%zł201.80zł109.00zł135.6513
Nov ’24zł127.70
zł131.00
+2.58%
11.79%zł156.00zł101.00zł140.2012
Oct ’24zł100.95
zł128.31
+27.10%
13.13%zł156.00zł94.00zł145.3513
Sep ’24zł109.10
zł128.50
+17.78%
12.67%zł156.00zł99.00zł158.4513
AnalystConsensusTarget
Consensus Narrative from 13 Analysts
zł210.03
Fair Value
12.8% undervalued intrinsic discount
13
Number of Analysts

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

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/09/08 19:31
End of Day Share Price 2025/09/08 00:00
Earnings2025/06/30
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

Bank Polska Kasa Opieki S.A. is covered by 34 analysts. 12 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
Krishnendra DubeyBarclays
Andreas MarkouBerenberg