Polenergia S.A.

WSE:PEP Stock Report

Market Cap: zł4.1b

Polenergia Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • 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 Fair Value

What is the Fair Price of PEP 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: PEP (PLN53.2) is trading above our estimate of future cash flow value (PLN30.22)

Significantly Below Future Cash Flow Value: PEP is trading above our estimate of future cash flow value.

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for PEP. This is calculated by dividing PEP's market cap by their current revenue.
What is PEP's PS Ratio?
PS Ratio1x
Saleszł3.93b
Market Capzł4.11b

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for PEP vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1.4x
MDI MDI Energia
0.5xn/azł89.7m
FIG Figene Capital
4.3xn/azł105.0m
ENA ENEA
0.4x-1.97%zł10.6b
TPE TAURON Polska Energia
0.5x0.26%zł16.2b
PEP Polenergia
1x-3.34%zł4.1b

Price-To-Sales vs Peers: PEP is good value based on its Price-To-Sales Ratio (1x) compared to the peer average (1.4x).

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 PEP's PS Ratio compare vs other companies in the European Renewable Energy Industry?

16 CompaniesPrice / SalesEstimated GrowthMarket Cap
PEP 1.0xIndustry Avg. 2.7xNo. of Companies16PS02.44.87.29.612+
16 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: PEP is good value based on its Price-To-Sales Ratio (1x) compared to the European Renewable Energy industry average (2.7x).

Price to Sales Ratio vs Fair Ratio

What is PEP'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.

PEP PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1x
Fair PS Ratio0.4x

Price-To-Sales vs Fair Ratio: PEP is expensive based on its Price-To-Sales Ratio (1x) compared to the estimated Fair Price-To-Sales Ratio (0.4x).

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 PEP forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentzł53.20
zł66.20
+24.44%
23.76%zł83.60zł45.50n/a3
Sep ’27zł54.10
zł66.20
+22.37%
23.76%zł83.60zł45.50n/a3
Aug ’27zł63.00
zł62.70
-0.48%
25.16%zł83.60zł45.50n/a3
Jul ’27zł60.90
zł62.70
+2.96%
25.16%zł83.60zł45.50n/a3
Jun ’27zł51.70
zł62.70
+21.28%
25.16%zł83.60zł45.50n/a3
May ’27zł51.20
zł62.70
+22.46%
25.16%zł83.60zł45.50n/a3
Apr ’27zł49.10
zł62.70
+27.70%
25.16%zł83.60zł45.50n/a3
Mar ’27zł50.40
zł62.70
+24.40%
25.16%zł83.60zł45.50n/a3
Feb ’27zł54.00
zł65.87
+21.98%
23.78%zł83.60zł45.50n/a3
Jan ’27zł53.20
zł65.87
+23.81%
23.78%zł83.60zł45.50n/a3
Dec ’26zł58.20
zł65.87
+13.17%
23.78%zł83.60zł45.50n/a3
Nov ’26zł57.20
zł78.00
+36.36%
7.18%zł83.60zł72.40n/a2
Oct ’26zł60.00
zł78.00
+30.00%
7.18%zł83.60zł72.40n/a2
Sep ’26zł56.00
zł78.00
+39.29%
7.18%zł83.60zł72.40zł54.102
Aug ’26zł59.60
zł78.00
+30.87%
7.18%zł83.60zł72.40zł63.002
Jul ’26zł59.40
zł77.25
+30.05%
8.22%zł83.60zł70.90zł60.902
Jun ’26zł69.20
zł76.90
+11.13%
8.71%zł83.60zł70.20zł51.702
May ’26zł64.20
zł76.90
+19.78%
8.71%zł83.60zł70.20zł51.202
Apr ’26zł68.60
zł76.90
+12.10%
8.71%zł83.60zł70.20zł49.102
Mar ’26zł68.00
zł80.60
+18.53%
3.72%zł83.60zł77.60zł50.402
Feb ’26zł65.60
zł88.61
+35.08%
13.08%zł104.63zł77.60zł54.003
Jan ’26zł69.60
zł88.61
+27.31%
13.08%zł104.63zł77.60zł53.203
Dec ’25zł71.00
zł91.59
+29.00%
17.18%zł113.57zł77.60zł58.203
Nov ’25zł76.00
zł95.12
+25.16%
13.85%zł113.57zł83.60zł57.203
Oct ’25zł71.60
zł95.12
+32.85%
13.85%zł113.57zł83.60zł60.003
Sep ’25zł71.80
zł91.96
+28.08%
9.55%zł104.09zł83.60zł56.003
zł66.2
Fair Value
19.6% undervalued intrinsic discount
3
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/21 08:38
End of Day Share Price 2026/09/21 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 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

Polenergia S.A. is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Lukasz ProkopiukDom Maklerski Banku Ochrony Srodowiska S.A.
Pawel PuchalskiErste Bank Polska S.A.
Petr BartekErste Group Bank AG