Cyfrowy Polsat S.A.

WSE:CPS Stock Report

Market Cap: zł10.3b

Cyfrowy Polsat Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of CPS 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: CPS (PLN16.17) is trading below our estimate of future cash flow value (PLN28.76)

Significantly Below Future Cash Flow Value: CPS 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 CPS?

Key metric: As CPS is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for CPS. This is calculated by dividing CPS's market cap by their current revenue.
What is CPS's PS Ratio?
PS Ratio0.7x
Saleszł14.43b
Market Capzł10.34b

Price to Sales Ratio vs Peers

How does CPS's PS Ratio compare to its peers?

The above table shows the PS ratio for CPS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1.7x
OPL Orange Polska
1.6x3.16%zł21.3b
CBF Cyber_Folks
3.8x14.99%zł3.0b
TLS Telestrada
0.8xn/azł49.5m
OTEL Oman Telecommunications Company SAOG
0.3x6.21%ر.ع1.1b
CPS Cyfrowy Polsat
0.7x2.20%zł10.3b

Price-To-Sales vs Peers: CPS is good value based on its Price-To-Sales Ratio (0.7x) compared to the peer average (1.7x).


Historical Price to Sales Ratio

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

Fetching historical data


Price to Sales Ratio vs Industry

How does CPS's PS Ratio compare vs other companies in the European Telecom Industry?

5 CompaniesPrice / SalesEstimated GrowthMarket Cap
CPS 0.7xIndustry Avg. 1.2xNo. of Companies12PS012345+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: CPS is good value based on its Price-To-Sales Ratio (0.7x) compared to the European Telecom industry average (1.2x).


Price to Sales Ratio vs Fair Ratio

What is CPS's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CPS PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.7x
Fair PS Ratio0.5x

Price-To-Sales vs Fair Ratio: CPS is expensive based on its Price-To-Sales Ratio (0.7x) compared to the estimated Fair Price-To-Sales Ratio (0.5x).


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 CPS forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentzł16.17
zł13.54
-16.28%
16.48%zł16.00zł9.20n/a8
May ’27zł15.01
zł12.73
-15.19%
21.12%zł16.00zł8.50n/a8
Apr ’27zł11.40
zł12.64
+10.86%
19.85%zł15.70zł8.50n/a8
Mar ’27zł12.67
zł12.64
-0.26%
19.85%zł15.70zł8.50n/a8
Feb ’27zł13.38
zł12.63
-5.55%
19.87%zł15.70zł8.50n/a8
Jan ’27zł12.20
zł13.08
+7.17%
20.22%zł15.70zł8.50n/a8
Dec ’26zł11.28
zł13.03
+15.52%
19.93%zł15.40zł8.50n/a8
Nov ’26zł13.26
zł15.91
+20.02%
6.92%zł18.00zł15.00n/a7
Oct ’26zł14.00
zł16.23
+15.95%
6.41%zł17.90zł15.00n/a6
Sep ’26zł14.18
zł16.40
+15.70%
10.46%zł19.20zł14.00n/a6
Aug ’26zł14.67
zł16.40
+11.79%
10.46%zł19.20zł14.00n/a6
Jul ’26zł17.64
zł16.73
-5.11%
12.68%zł19.90zł14.00n/a6
Jun ’26zł16.70
zł16.68
-0.10%
12.28%zł19.60zł14.00zł16.176
May ’26zł18.49
zł15.95
-13.74%
11.20%zł19.60zł14.00zł15.016
Apr ’26zł15.53
zł15.79
+1.65%
7.16%zł17.50zł14.00zł11.407
Mar ’26zł13.93
zł15.79
+13.32%
7.16%zł17.50zł14.00zł12.677
Feb ’26zł15.46
zł16.01
+3.62%
9.05%zł18.50zł14.00zł13.387
Jan ’26zł14.14
zł16.01
+13.26%
9.05%zł18.50zł14.00zł12.207
Dec ’25zł14.35
zł16.01
+11.60%
9.05%zł18.50zł14.00zł11.287
Nov ’25zł12.59
zł14.73
+16.99%
13.48%zł17.50zł11.50zł13.267
Oct ’25zł12.80
zł14.76
+15.29%
13.47%zł17.50zł11.50zł14.007
Sep ’25zł14.81
zł14.76
-0.36%
13.47%zł17.50zł11.50zł14.187
Aug ’25zł12.72
zł13.80
+8.49%
12.75%zł16.10zł11.50zł14.676
Jul ’25zł12.35
zł13.57
+9.85%
11.17%zł15.40zł11.50zł17.646
Jun ’25zł12.50
zł13.57
+8.58%
11.17%zł15.40zł11.50zł16.706
zł13.54
Fair Value
19.4% overvalued intrinsic discount
8
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/01 04:09
End of Day Share Price 2026/05/29 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

Cyfrowy Polsat S.A. is covered by 19 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Maurice PatrickBarclays
Ondrej CabejšekBerenberg
Beata Szparaga-WasniewskaBiuro maklerskie mBanku