ZE PAK SA

WSE:ZEP Stock Report

Market Cap: zł725.8m

ZE PAK Valuation

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

Below Fair Value: Insufficient data to calculate ZEP's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate ZEP's fair value for valuation analysis.

Key Valuation Metric

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

Key metric: As ZEP is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for ZEP. This is calculated by dividing ZEP's market cap by their current earnings.
What is ZEP's PE Ratio?
PE Ratio1.6x
Earningszł447.41m
Market Capzł725.76m

Price to Earnings Ratio vs Peers

How does ZEP's PE Ratio compare to its peers?

The above table shows the PE ratio for ZEP vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average7.1x
BDZ EC Bedzin
0.2xn/azł83.8m
ENA ENEA
3.5x-16.4%zł7.0b
KGN Zespól Elektrocieplowni Wroclawskich KOGENERACJA
3.9xn/azł752.5m
AQU Aqua Spólka Akcyjna
20.9xn/azł174.0m
ZEP ZE PAK
1.6x-28.8%zł711.5m

Price-To-Earnings vs Peers: ZEP is good value based on its Price-To-Earnings Ratio (1.6x) compared to the peer average (7.1x).

Price to Earnings Ratio vs Industry

How does ZEP's PE Ratio compare vs other companies in the European Electric Utilities Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
ZEP 1.6xIndustry Avg. 12.5xNo. of Companies11PE0612182430+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ZEP is good value based on its Price-To-Earnings Ratio (1.6x) compared to the European Electric Utilities industry average (12.5x).

Price to Earnings Ratio vs Fair Ratio

What is ZEP'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.

ZEP PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio1.6x
Fair PE Ratio3.3x

Price-To-Earnings vs Fair Ratio: ZEP is good value based on its Price-To-Earnings Ratio (1.6x) compared to the estimated Fair Price-To-Earnings Ratio (3.3x).

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 ZEP forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentzł14.00
zł25.50
+82.1%
5.9%zł27.00zł24.00n/a2
Jan ’26zł13.68
zł25.50
+86.4%
5.9%zł27.00zł24.00n/a2
Dec ’25zł15.74
zł25.50
+62.0%
5.9%zł27.00zł24.00n/a2
Nov ’25zł16.34
zł30.50
+86.7%
11.5%zł34.00zł27.00n/a2
Oct ’25zł17.96
zł30.50
+69.8%
11.5%zł34.00zł27.00n/a2
Sep ’25zł18.00
zł30.50
+69.4%
11.5%zł34.00zł27.00n/a2
Aug ’25zł18.38
zł30.50
+65.9%
11.5%zł34.00zł27.00n/a2
Jul ’25zł19.00
zł30.50
+60.5%
11.5%zł34.00zł27.00n/a2
Jun ’25zł19.18
zł30.50
+59.0%
11.5%zł34.00zł27.00n/a2
May ’25zł19.70
zł28.55
+44.9%
5.4%zł30.10zł27.00n/a2
Apr ’25zł19.60
zł28.55
+45.7%
5.4%zł30.10zł27.00n/a2
Mar ’25zł20.00
zł28.55
+42.8%
5.4%zł30.10zł27.00n/a2
Feb ’25zł20.30
zł28.55
+40.6%
5.4%zł30.10zł27.00n/a2
Jan ’25zł21.60
zł21.75
+0.7%
13.1%zł24.60zł18.90zł13.682
Dec ’24zł22.00
zł21.75
-1.1%
13.1%zł24.60zł18.90zł15.742
Nov ’24zł19.60
zł20.60
+5.1%
19.4%zł24.60zł16.60zł16.342
Oct ’24zł20.05
zł20.60
+2.7%
19.4%zł24.60zł16.60zł17.962
Sep ’24zł19.60
zł20.60
+5.1%
19.4%zł24.60zł16.60zł18.002
Aug ’24zł20.40
zł20.60
+1.0%
19.4%zł24.60zł16.60zł18.382
Jul ’24zł19.10
zł20.60
+7.9%
19.4%zł24.60zł16.60zł19.002
Jun ’24zł21.40
zł20.60
-3.7%
19.4%zł24.60zł16.60zł19.182
May ’24zł23.00
zł21.90
-4.8%
12.3%zł24.60zł19.20zł19.702
Apr ’24zł23.50
zł21.90
-6.8%
12.3%zł24.60zł19.20zł19.602
Mar ’24zł26.30
zł21.90
-16.7%
12.3%zł24.60zł19.20zł20.002
Feb ’24zł28.95
zł21.90
-24.4%
12.3%zł24.60zł19.20zł20.302
Jan ’24zł23.00
zł21.90
-4.8%
12.3%zł24.60zł19.20zł21.602

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/08 19:20
End of Day Share Price 2025/01/08 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

ZE PAK SA is covered by 9 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
Damian SzparagaDom Maklerski Banku BPS S.A.
Tomasz DudaErste Group Bank AG
Maciej HebdaHaitong Bank S.A.