Shoper S.A.

WSE:SHO Stock Report

Market Cap: zł1.1b

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

Below Fair Value: SHO (PLN39.7) is trading below our estimate of fair value (PLN55.64)

Significantly Below Fair Value: SHO is trading below fair 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 Ratio34.1x
Earningszł32.75m
Market Capzł1.12b

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 Average20.5x
TXT Text
10.1x-0.9%zł1.7b
VRC Vercom
33.5x21.9%zł2.8b
ALL Ailleron
16.7xn/azł266.9m
IFI Ifirma
21.6xn/azł145.9m
SHO Shoper
34.1x26.6%zł1.1b

Price-To-Earnings vs Peers: SHO is expensive based on its Price-To-Earnings Ratio (34.1x) compared to the peer average (20.5x).

Price to Earnings Ratio vs Industry

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

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
SHO 34.1xIndustry Avg. 14.5xNo. of Companies3PE01020304050+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: SHO is expensive based on its Price-To-Earnings Ratio (34.1x) compared to the Polish Software industry average (13.9x).

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 Ratio34.1x
Fair PE Ratio24.8x

Price-To-Earnings vs Fair Ratio: SHO is expensive based on its Price-To-Earnings Ratio (34.1x) compared to the estimated Fair Price-To-Earnings Ratio (24.8x).

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
Currentzł39.70
zł50.95
+28.3%
10.4%zł55.70zł42.00n/a4
Dec ’25zł43.50
zł51.13
+17.5%
10.7%zł56.40zł42.00n/a4
Nov ’25zł42.00
zł50.75
+20.8%
10.5%zł56.40zł42.00n/a4
Oct ’25zł44.70
zł50.75
+13.5%
10.5%zł56.40zł42.00n/a4
Sep ’25zł47.10
zł46.53
-1.2%
9.6%zł52.60zł42.00n/a3
Aug ’25zł41.40
zł46.53
+12.4%
9.6%zł52.60zł42.00n/a3
Jul ’25zł42.10
zł41.17
-2.2%
8.6%zł45.00zł36.50n/a3
Jun ’25zł39.00
zł41.17
+5.6%
8.6%zł45.00zł36.50n/a3
May ’25zł37.50
zł38.33
+2.2%
6.8%zł42.00zł36.50n/a3
Apr ’25zł30.90
zł36.17
+17.0%
1.3%zł36.50zł35.50n/a3
Mar ’25zł28.50
zł35.50
+24.6%
4.0%zł36.50zł33.50n/a3
Feb ’25zł30.40
zł35.50
+16.8%
4.0%zł36.50zł33.50n/a3
Jan ’25zł33.00
zł35.50
+7.6%
4.0%zł36.50zł33.50n/a3
Dec ’24zł32.10
zł35.50
+10.6%
4.0%zł36.50zł33.50zł43.503
Nov ’24zł30.90
zł36.03
+16.6%
5.3%zł38.10zł33.50zł42.003
Oct ’24zł35.50
zł38.10
+7.3%
10.7%zł43.40zł33.50zł44.703
Sep ’24zł34.40
zł36.60
+6.4%
16.1%zł43.40zł29.00zł47.103
Aug ’24zł37.50
zł36.60
-2.4%
16.1%zł43.40zł29.00zł41.403
Jul ’24zł29.00
zł35.50
+22.4%
16.8%zł43.40zł29.00zł42.103
Jun ’24zł30.50
zł35.50
+16.4%
16.8%zł43.40zł29.00zł39.003
May ’24zł31.20
zł35.50
+13.8%
16.8%zł43.40zł29.00zł37.503
Apr ’24zł29.20
zł35.50
+21.6%
16.8%zł43.40zł29.00zł30.903
Mar ’24zł27.50
zł35.50
+29.1%
16.8%zł43.40zł29.00zł28.503
Feb ’24zł26.90
zł35.50
+32.0%
16.8%zł43.40zł29.00zł30.403
Jan ’24zł25.20
zł35.50
+40.9%
16.8%zł43.40zł29.00zł33.003
Dec ’23zł30.00
zł35.50
+18.3%
16.8%zł43.40zł29.00zł32.103

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 Analysis2024/12/30 07:02
End of Day Share Price 2024/12/30 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

Shoper S.A. is covered by 8 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