Atal S.A.

WSE:1AT Stock Report

Market Cap: zł2.7b

Atal Past Earnings Performance

Past criteria checks 3/6

Atal's earnings have been declining at an average annual rate of -4.4%, while the Consumer Durables industry saw earnings growing at 1.9% annually. Revenues have been declining at an average rate of 4% per year. Atal's return on equity is 14.7%, and it has net margins of 18.1%.

Key information

-4.45%

Earnings growth rate

-7.13%

EPS growth rate

Consumer Durables Industry Growth11.43%
Revenue growth rate-3.96%
Return on equity14.70%
Net Margin18.10%
Next Earnings Update10 Sep 2026

Recent past performance updates

Analysis Article Nov 21

Atal's (WSE:1AT) Problems Go Beyond Weak Profit

A lackluster earnings announcement from Atal S.A. ( WSE:1AT ) last week didn't sink the stock price. We think that...

Recent updates

Narrative Update Jun 10

1AT: Stable Outlook With Slightly Lower Discount Rate And Upcoming Dividend

Analysts have kept Atal's PLN fair value estimate broadly steady at PLN 67.51 per share. This reflects only minor model tweaks to the discount rate and long term P/E assumptions rather than any shift in the core outlook for revenue growth or profit margins.
Narrative Update May 27

1AT: Lower Discount Rate And Higher P/E Will Support Fair Valuation

Analysts have adjusted their price target on Atal to PLN 67.51, a change of PLN 2.20. This reflects updated views on fair value, discount rate, revenue growth, profit margin, and future P/E assumptions.
Narrative Update May 05

1AT: Stable Returns Outlook Will Support Fairly Valued Shares

Analysts have refined their outlook on Atal, maintaining the fair value estimate at PLN 65.31 while adjusting assumptions around the discount rate, revenue growth, profit margin and future P/E to reflect a slightly revised balance of risk and profitability expectations. Valuation Changes Fair Value: PLN 65.31 unchanged, with no adjustment to the overall valuation anchor.
Narrative Update Apr 17

1AT: Stable Assumptions And Pricing Will Support Fairly Valued Shares

Analysts have kept their PLN price target for Atal unchanged at around PLN 65, citing broadly steady assumptions on fair value, discount rate, growth, margins and future P/E to support their stance. Valuation Changes Fair Value: PLN 65.31 is unchanged, indicating no adjustment to the core valuation anchor used by analysts.
Narrative Update Apr 03

1AT: Stable Assumptions And Pricing Will Support Undervalued Shares

Analysts have made only a marginal adjustment to Atal's price target, holding it essentially steady at about PLN 65.31, as recent updates to fair value inputs, discount rate, revenue growth, profit margin and future P/E assumptions remain closely aligned with prior estimates. Valuation Changes Fair Value: PLN 65.32 is essentially unchanged at PLN 65.31, indicating only a very small adjustment to the model output.
Narrative Update Mar 18

1AT: Stable Margins And Refined Risk Assumptions Will Support Undervalued Shares

Analysts have kept their PLN 65.32 price target for Atal unchanged, with only small tweaks to the discount rate and assumed future P/E. This reflects fine tuning of their valuation framework rather than a shift in overall view.
Narrative Update Mar 04

1AT: Stable Margins And Lower Discount Rate Will Support Undervalued Shares

Analysts now set their fair value estimate for Atal at PLN 65.32, compared with PLN 65.20 previously, reflecting updated assumptions on discount rate, revenue growth, profit margins and future P/E. Valuation Changes Fair Value: Adjusted slightly to PLN 65.32 from PLN 65.20.
Narrative Update Feb 18

1AT: Stable Margins And Revenue Outlook Will Support Fairly Valued Shares

Analysts have maintained their price target for Atal at PLN 65.20, citing essentially unchanged views on fair value, discount rate, revenue growth, profit margin and future P/E assumptions. Valuation Changes Fair Value: PLN 65.20 remains unchanged, with no adjustment to the core valuation level.
Narrative Update Feb 02

1AT: Higher Discount Rate Will Be Offset By Stronger Revenue Outlook

Analysts have reduced their price target on Atal from $71.34 to $65.20, citing updated assumptions that combine expectations of faster revenue growth and a higher future P/E multiple with a higher discount rate and more conservative profit margins. Valuation Changes Fair value estimate was reduced from PLN 71.34 to PLN 65.20, representing a moderate cut to the implied upside in the model.
Analysis Article Dec 22

Market Still Lacking Some Conviction On Atal S.A. (WSE:1AT)

With a median price-to-earnings (or "P/E") ratio of close to 12x in Poland, you could be forgiven for feeling...
Analysis Article Nov 21

Atal's (WSE:1AT) Problems Go Beyond Weak Profit

A lackluster earnings announcement from Atal S.A. ( WSE:1AT ) last week didn't sink the stock price. We think that...
Analysis Article Aug 09

An Intrinsic Calculation For Atal S.A. (WSE:1AT) Suggests It's 29% Undervalued

Key Insights The projected fair value for Atal is zł83.61 based on 2 Stage Free Cash Flow to Equity Atal's zł59.40...
Analysis Article Jun 11

Most Shareholders Will Probably Agree With Atal S.A.'s (WSE:1AT) CEO Compensation

Key Insights Atal to hold its Annual General Meeting on 17th of June Total pay for CEO Zbigniew Juroszek includes...
Analysis Article May 09

Calculating The Intrinsic Value Of Atal S.A. (WSE:1AT)

Key Insights Using the 2 Stage Free Cash Flow to Equity, Atal fair value estimate is zł62.14 Current share price of...
Analysis Article Mar 28

Atal's (WSE:1AT) Anemic Earnings Might Be Worse Than You Think

A lackluster earnings announcement from Atal S.A. ( WSE:1AT ) last week didn't sink the stock price. However, we...
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New Narrative Feb 10

Upcoming Polish Housing Projects Will Face Profitability Challenges Amid High Interest Rates

Strategic land acquisitions support long-term growth and ensure future development potential despite current market challenges.
Analysis Article Aug 12

Improved Earnings Required Before Atal S.A. (WSE:1AT) Shares Find Their Feet

With a price-to-earnings (or "P/E") ratio of 5.6x Atal S.A. ( WSE:1AT ) may be sending very bullish signals at the...
Analysis Article Jun 14

This Is The Reason Why We Think Atal S.A.'s (WSE:1AT) CEO Might Be Underpaid

Key Insights Atal to hold its Annual General Meeting on 20th of June Salary of zł245.0k is part of CEO Zbigniew...
Analysis Article Mar 29

We Think That There Are More Issues For Atal (WSE:1AT) Than Just Sluggish Earnings

Despite Atal S.A.'s ( WSE:1AT ) recent earnings report having lackluster headline numbers, the market responded...
Analysis Article Jan 05

Atal (WSE:1AT) Might Be Having Difficulty Using Its Capital Effectively

If you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and...
Analysis Article Sep 12

Slowing Rates Of Return At Atal (WSE:1AT) Leave Little Room For Excitement

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article Aug 20

Atal S.A. (WSE:1AT) Shares Could Be 29% Below Their Intrinsic Value Estimate

Key Insights Using the 2 Stage Free Cash Flow to Equity, Atal fair value estimate is zł81.53 Current share price of...
Analysis Article Mar 10

Is Atal (WSE:1AT) A Risky Investment?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Jul 07

Is It Too Late To Consider Buying Atal S.A. (WSE:1AT)?

Atal S.A. ( WSE:1AT ), might not be a large cap stock, but it received a lot of attention from a substantial price...
Analysis Article May 30

Here's Why Atal (WSE:1AT) Has A Meaningful Debt Burden

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article May 15

Atal S.A.'s (WSE:1AT) Intrinsic Value Is Potentially 93% Above Its Share Price

Does the May share price for Atal S.A. ( WSE:1AT ) reflect what it's really worth? Today, we will estimate the stock's...
Analysis Article Apr 04

At zł41.50, Is Atal S.A. (WSE:1AT) Worth Looking At Closely?

While Atal S.A. ( WSE:1AT ) might not be the most widely known stock at the moment, it received a lot of attention from...

Revenue & Expenses Breakdown

How Atal makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

WSE:1AT Revenue, expenses and earnings (PLN Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 261,445262680
31 Dec 251,267223630
30 Sep 251,044172630
30 Jun 251,176199590
31 Mar 251,233216580
31 Dec 241,487295580
30 Sep 241,855400550
30 Jun 241,664351520
31 Mar 241,701384490
31 Dec 231,500341460
30 Sep 231,265312450
30 Jun 231,320328440
31 Mar 231,441313430
31 Dec 221,658368420
30 Sep 221,903394250
30 Jun 221,903400240
31 Mar 221,798392230
31 Dec 211,679331210
30 Sep 211,527275360
30 Jun 211,363233340
31 Mar 211,269194330
31 Dec 201,167167330
30 Sep 20973127330
30 Jun 20825107330
31 Mar 2067291340
31 Dec 19720113330
30 Sep 19595102330
30 Jun 19768133320
31 Mar 19989189310
31 Dec 181,055201310
30 Sep 181,097205300
30 Jun 181,084207300
31 Mar 18968188290
31 Dec 17866171280
30 Sep 17703136270
30 Jun 17672136240
31 Mar 17588107250
31 Dec 1650789240
30 Sep 16495104250
30 Jun 1637374250
31 Mar 1629460230
31 Dec 1522747220
30 Sep 1525738200

Quality Earnings: 1AT has a high level of non-cash earnings.

Growing Profit Margin: 1AT's current net profit margins (18.1%) are higher than last year (17.5%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 1AT's earnings have declined by 4.4% per year over the past 5 years.

Accelerating Growth: 1AT's earnings growth over the past year (21.1%) exceeds its 5-year average (-4.4% per year).

Earnings vs Industry: 1AT earnings growth over the past year (21.1%) exceeded the Consumer Durables industry 21.1%.


Return on Equity

High ROE: 1AT's Return on Equity (14.7%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/08 07:03
End of Day Share Price 2026/07/08 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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

Atal S.A. is covered by 11 analysts. 4 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
Mikolaj LemanczykBiuro maklerskie mBanku
Beata Szparaga-WasniewskaBiuro maklerskie mBanku