Polenergia Valuation
Is PEP undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
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 PEP when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: PEP (PLN69.4) is trading below our estimate of fair value (PLN142.97)
Significantly Below Fair Value: PEP is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for PEP?
Key metric: As PEP is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.
| What is PEP's PE Ratio? | |
|---|---|
| PE Ratio | 16.9x |
| Earnings | zł316.67m |
| Market Cap | zł5.36b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 1.2x |
| Enterprise Value/EBITDA | 9.3x |
| PEG Ratio | -1.2x |
Price to Earnings Ratio vs Peers
How does PEP's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 11.4x | ||
ENA ENEA | 3.4x | -11.8% | zł5.9b |
600821 NYOCOR | 13.9x | 29.3% | CN¥11.2b |
000791 GEPIC Energy Development | 17.1x | 9.8% | CN¥10.0b |
601619 Jiaze Renewables | 11.3x | n/a | CN¥7.9b |
PEP Polenergia | 16.9x | -13.6% | zł5.4b |
Price-To-Earnings vs Peers: PEP is expensive based on its Price-To-Earnings Ratio (16.9x) compared to the peer average (11.4x).
Price to Earnings Ratio vs Industry
How does PEP's PE Ratio compare vs other companies in the European Renewable Energy Industry?
| 1 Company | Price / Earnings | Estimated Growth | Market Cap |
|---|---|---|---|
| 1 Company | Estimated Growth | Market Cap | |
|---|---|---|---|
Price-To-Earnings vs Industry: PEP is expensive based on its Price-To-Earnings Ratio (16.9x) compared to the European Renewable Energy industry average (16.8x).
Price to Earnings Ratio vs Fair Ratio
What is PEP'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.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 16.9x |
| Fair PE Ratio | 4.3x |
Price-To-Earnings vs Fair Ratio: PEP is expensive based on its Price-To-Earnings Ratio (16.9x) compared to the estimated Fair Price-To-Earnings Ratio (4.3x).
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | zł69.40 | zł92.66 +33.5% | 16.0% | zł113.57 | zł80.80 | n/a | 3 |
| Nov ’25 | zł76.00 | zł95.12 +25.2% | 13.9% | zł113.57 | zł83.60 | n/a | 3 |
| Oct ’25 | zł71.60 | zł95.12 +32.9% | 13.9% | zł113.57 | zł83.60 | n/a | 3 |
| Sep ’25 | zł71.80 | zł91.96 +28.1% | 9.5% | zł104.09 | zł83.60 | n/a | 3 |
| Aug ’25 | zł65.80 | zł88.56 +34.6% | 12.7% | zł104.09 | zł78.00 | n/a | 3 |
| Jul ’25 | zł63.80 | zł88.56 +38.8% | 12.7% | zł104.09 | zł78.00 | n/a | 3 |
| Jun ’25 | zł69.60 | zł88.41 +27.0% | 12.4% | zł103.62 | zł78.00 | n/a | 3 |
| May ’25 | zł66.60 | zł90.89 +36.5% | 16.5% | zł111.78 | zł77.30 | n/a | 3 |
| Apr ’25 | zł68.00 | zł92.13 +35.5% | 15.1% | zł111.78 | zł81.00 | n/a | 3 |
| Mar ’25 | zł69.20 | zł92.13 +33.1% | 15.1% | zł111.78 | zł81.00 | n/a | 3 |
| Feb ’25 | zł75.00 | zł96.39 +28.5% | 16.0% | zł111.78 | zł81.00 | n/a | 2 |
| Jan ’25 | zł76.80 | zł96.39 +25.5% | 16.0% | zł111.78 | zł81.00 | n/a | 2 |
| Dec ’24 | zł73.00 | zł96.39 +32.0% | 16.0% | zł111.78 | zł81.00 | n/a | 2 |
| Nov ’24 | zł72.00 | zł97.09 +34.8% | 5.2% | zł102.17 | zł92.00 | zł76.00 | 2 |
| Feb ’24 | zł82.80 | zł88.43 +6.8% | 2.9% | zł92.00 | zł86.00 | zł75.00 | 3 |
| Jan ’24 | zł86.00 | zł88.43 +2.8% | 2.9% | zł92.00 | zł86.00 | zł76.80 | 3 |
| Dec ’23 | zł90.90 | zł89.06 -2.0% | 3.9% | zł93.90 | zł86.00 | zł73.00 | 3 |
| Nov ’23 | zł97.80 | zł103.84 +6.2% | 12.5% | zł116.23 | zł86.00 | zł72.00 | 3 |
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.