Atal Valuation

Is 1AT 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 1AT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 1AT (PLN55.2) is trading below our estimate of fair value (PLN100.85)

Significantly Below Fair Value: 1AT is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 1AT?

Key metric: As 1AT is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 1AT. This is calculated by dividing 1AT's market cap by their current earnings.
What is 1AT's PE Ratio?
PE Ratio	6x
Earnings	zł399.96m
Market Cap	zł2.42b

1AT key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	1.6x
Enterprise Value/EBITDA	6.5x
PEG Ratio	-1.3x

Price to Earnings Ratio vs Peers

How does 1AT's PE Ratio compare to its peers?

The above table shows the PE ratio for 1AT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	6.8x
ARH Archicom	8.1x	28.4%	zł2.0b
DOM Dom Development	10.2x	2.9%	zł5.1b
WIK Wikana	8.6x	n/a	zł139.3m
EKP Elkop	0.5x	n/a	zł20.7m
1AT Atal	6x	-4.5%	zł2.4b

Price-To-Earnings vs Peers: 1AT is good value based on its Price-To-Earnings Ratio (6x) compared to the peer average (6.8x).

Price to Earnings Ratio vs Industry

How does 1AT's PE Ratio compare vs other companies in the European Consumer Durables Industry?

5 Companies	Price / Earnings	Estimated Growth	Market Cap

5 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 1AT is good value based on its Price-To-Earnings Ratio (6x) compared to the European Consumer Durables industry average (12.4x).

Price to Earnings Ratio vs Fair Ratio

What is 1AT'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.

1AT PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	6x
Fair PE Ratio	6x

Price-To-Earnings vs Fair Ratio: 1AT is good value based on its Price-To-Earnings Ratio (6x) compared to the estimated Fair Price-To-Earnings Ratio (6x).

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 1AT forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	zł55.20	zł64.59 +17.0%	9.5%	zł74.37	zł58.00	n/a	5
Nov ’25	zł52.20	zł63.23 +21.1%	11.8%	zł74.37	zł53.90	n/a	5
Oct ’25	zł52.40	zł67.97 +29.7%	5.6%	zł74.37	zł63.46	n/a	5
Sep ’25	zł49.30	zł68.17 +38.3%	5.6%	zł74.37	zł63.46	n/a	5
Aug ’25	zł49.80	zł68.17 +36.9%	5.6%	zł74.37	zł63.46	n/a	5
Jul ’25	zł54.00	zł69.37 +28.5%	5.2%	zł74.37	zł63.46	n/a	5
Jun ’25	zł60.90	zł69.37 +13.9%	5.2%	zł74.37	zł63.46	n/a	5
May ’25	zł60.70	zł69.63 +14.7%	5.9%	zł75.00	zł63.46	n/a	4
Apr ’25	zł59.40	zł69.63 +17.2%	5.9%	zł75.00	zł63.46	n/a	4
Mar ’25	zł56.20	zł69.64 +23.9%	5.9%	zł75.00	zł63.50	n/a	4
Feb ’25	zł60.00	zł67.59 +12.7%	10.9%	zł75.00	zł55.29	n/a	4
Jan ’25	zł56.00	zł67.59 +20.7%	10.9%	zł75.00	zł55.29	n/a	4
Dec ’24	zł56.40	zł67.59 +19.8%	10.9%	zł75.00	zł55.29	n/a	4
Nov ’24	zł60.40	zł68.28 +13.0%	11.3%	zł75.00	zł55.29	zł52.20	4
Oct ’24	zł64.00	zł66.76 +4.3%	12.5%	zł75.00	zł55.29	zł52.40	3
Sep ’24	zł58.60	zł61.76 +5.4%	9.9%	zł70.00	zł55.29	zł49.30	3
Aug ’24	zł57.40	zł58.66 +2.2%	4.1%	zł60.70	zł55.29	zł49.80	3
Jul ’24	zł47.20	zł50.14 +6.2%	28.8%	zł60.70	zł29.72	zł54.00	3
Jun ’24	zł46.10	zł47.04 +2.0%	27.1%	zł60.00	zł29.72	zł60.90	3
May ’24	zł46.80	zł47.04 +0.5%	27.1%	zł60.00	zł29.72	zł60.70	3
Apr ’24	zł45.50	zł43.37 -4.7%	22.4%	zł51.40	zł29.72	zł59.40	3
Mar ’24	zł36.60	zł37.74 +3.1%	21.7%	zł49.00	zł29.72	zł56.20	3
Feb ’24	zł36.10	zł32.07 -11.2%	6.1%	zł34.50	zł29.72	zł60.00	3
Jan ’24	zł32.60	zł32.07 -1.6%	6.1%	zł34.50	zł29.72	zł56.00	3
Dec ’23	zł31.80	zł32.07 +0.9%	6.1%	zł34.50	zł29.72	zł56.40	3
Nov ’23	zł28.60	zł36.60 +28.0%	4.1%	zł38.00	zł34.50	zł60.40	3

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