Shoper S.A.

WSE:SHO Stock Report

Market Cap: zł1.2b

Shoper Valuation

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

Valuation Score

3/6

Valuation Score 3/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

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

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: SHO (PLN43) is trading below our estimate of future cash flow value (PLN61.26)

Significantly Below Future Cash Flow Value: SHO is trading below future cash flow value by more than 20%.


Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for SHO. This is calculated by dividing SHO's market cap by their current earnings.
What is SHO's PE Ratio?
PE Ratio27.9x
Earningszł43.39m
Market Capzł1.21b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for SHO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average15x
TXT Text
7.1x2.08%zł978.5m
VRC Vercom
27.9x23.94%zł2.4b
ALL Ailleron
8.6xn/azł225.1m
IFI Ifirma
16.3xn/azł212.5m
SHO Shoper
27.9x23.00%zł1.2b

Price-To-Earnings vs Peers: SHO is expensive based on its Price-To-Earnings Ratio (27.9x) compared to the peer average (15x).


Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data


Price to Earnings Ratio vs Industry

How does SHO's PE Ratio compare vs other companies in the PL Software Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
PNT Pointpack
2.6xn/aUS$3.96m
No more companies available in this PE range
SHO 27.9xIndustry Avg. 24.5xNo. of Companies3PE01632486480+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: SHO is expensive based on its Price-To-Earnings Ratio (27.9x) compared to the Polish Software industry average (24.3x).


Price to Earnings Ratio vs Fair Ratio

What is SHO'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.

SHO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio27.9x
Fair PE Ratio24.6x

Price-To-Earnings vs Fair Ratio: SHO is expensive based on its Price-To-Earnings Ratio (27.9x) compared to the estimated Fair Price-To-Earnings Ratio (24.6x).


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 SHO forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentzł43.00
zł55.64
+29.39%
12.60%zł62.00zł42.00n/a5
Feb ’27zł52.00
zł55.64
+6.99%
12.60%zł62.00zł42.00n/a5
Jan ’27zł53.80
zł55.11
+2.43%
11.81%zł62.00zł42.00n/a6
Dec ’26zł50.00
zł55.11
+10.22%
11.81%zł62.00zł42.00n/a6
Nov ’26zł53.00
zł54.29
+2.44%
10.81%zł59.10zł42.00n/a6
Oct ’26zł50.40
zł54.29
+7.72%
10.81%zł59.10zł42.00n/a6
Sep ’26zł49.90
zł53.63
+7.48%
11.60%zł59.10zł42.00n/a5
Aug ’26zł47.80
zł53.63
+12.21%
11.60%zł59.10zł42.00n/a5
Jul ’26zł49.60
zł52.67
+6.18%
12.55%zł59.10zł42.00n/a4
Jun ’26zł51.80
zł50.69
-2.14%
10.22%zł55.70zł42.00n/a4
May ’26zł42.70
zł50.95
+19.32%
10.38%zł55.70zł42.00n/a4
Apr ’26zł41.80
zł50.95
+21.89%
10.38%zł55.70zł42.00n/a4
Mar ’26zł41.20
zł50.95
+23.67%
10.38%zł55.70zł42.00n/a4
Feb ’26zł40.50
zł50.95
+25.80%
10.38%zł55.70zł42.00zł52.004
Jan ’26zł39.70
zł50.95
+28.34%
10.38%zł55.70zł42.00zł53.804
Dec ’25zł43.50
zł51.13
+17.53%
10.66%zł56.40zł42.00zł50.004
Nov ’25zł42.00
zł50.75
+20.83%
10.49%zł56.40zł42.00zł53.004
Oct ’25zł44.70
zł50.75
+13.53%
10.49%zł56.40zł42.00zł50.404
Sep ’25zł47.10
zł46.53
-1.20%
9.59%zł52.60zł42.00zł49.903
Aug ’25zł41.40
zł46.53
+12.40%
9.59%zł52.60zł42.00zł47.803
Jul ’25zł42.10
zł41.17
-2.22%
8.55%zł45.00zł36.50zł49.603
Jun ’25zł39.00
zł41.17
+5.56%
8.55%zł45.00zł36.50zł51.803
May ’25zł37.50
zł38.33
+2.22%
6.76%zł42.00zł36.50zł42.703
Apr ’25zł30.90
zł36.17
+17.04%
1.30%zł36.50zł35.50zł41.803
Mar ’25zł28.50
zł35.50
+24.56%
3.98%zł36.50zł33.50zł41.203
Feb ’25zł30.40
zł35.50
+16.78%
3.98%zł36.50zł33.50zł40.503
zł55.64
Fair Value
22.7% undervalued intrinsic discount
5
Number of Analysts

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


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/02/27 16:10
End of Day Share Price 2026/02/27 00:00
Earnings2025/09/30
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

Shoper S.A. is covered by 9 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
Pawel SzpigielBiuro maklerskie mBanku
Kamil KliszczBiuro maklerskie mBanku
Piotr BoguszErste Group Bank AG