Polenergia Valuation
Is PEP undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
4/6Valuation Score 4/6
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 (PLN67) is trading below our estimate of fair value (PLN159.36)
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?
Other financial metrics that can be useful for relative valuation.
| What is PEP's n/a Ratio? | |
|---|---|
| n/a | 0x |
| n/a | n/a |
| Market Cap | zł5.17b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 1x |
| Enterprise Value/EBITDA | 10.1x |
| PEG Ratio | -24.1x |
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 | 28.1x | ||
TPE TAURON Polska Energia | 3.4x | 8.6% | zł5.6b |
ENG Energa | 6.5x | n/a | zł4.0b |
SLR Solaria Energía y Medio Ambiente | 12.7x | 10.1% | €1.4b |
SRNA3 Serena Energia | 89.9x | 62.3% | R$5.6b |
PEP Polenergia | 19.6x | -0.8% | zł5.2b |
Price-To-Earnings vs Peers: PEP is good value based on its Price-To-Earnings Ratio (19.6x) compared to the peer average (28.1x).
Price to Earnings Ratio vs Industry
How does PEP's PE Ratio compare vs other companies in the European Renewable Energy Industry?
Price-To-Earnings vs Industry: PEP is expensive based on its Price-To-Earnings Ratio (19.6x) compared to the European Renewable Energy industry average (18x).
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 | 19.6x |
| Fair PE Ratio | 7.2x |
Price-To-Earnings vs Fair Ratio: PEP is expensive based on its Price-To-Earnings Ratio (19.6x) compared to the estimated Fair Price-To-Earnings Ratio (7.2x).
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 | zł67.00 | zł88.17 +31.6% | 12.7% | zł103.62 | zł77.30 | 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 | n/a | 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 |
| Oct ’23 | zł94.00 | zł100.94 +7.4% | 11.0% | zł112.50 | zł86.00 | zł73.00 | 3 |
| Sep ’23 | zł88.70 | zł93.68 +5.6% | 20.7% | zł117.90 | zł66.50 | zł76.80 | 4 |
| Aug ’23 | zł99.00 | zł93.68 -5.4% | 20.7% | zł117.90 | zł66.50 | zł85.40 | 4 |
| Jul ’23 | zł93.00 | zł86.35 -7.2% | 14.6% | zł101.00 | zł66.50 | zł82.90 | 4 |
| Jun ’23 | zł76.00 | zł86.35 +13.6% | 14.6% | zł101.00 | zł66.50 | zł79.00 | 4 |
| May ’23 | zł69.00 | zł79.80 +15.7% | 11.5% | zł91.40 | zł66.50 | zł81.90 | 4 |
Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.