Grupa Pracuj stock: fair value
GPP.WAThe fair value of Grupa Pracuj under our model is $20.15, the price is 32% below.
The fair value is an estimate from our model, not a price target.
Daily figure as of 13 Nov 2026
Valuation signal
Significantly undervaluedIn our model the price counts as cheap below $15.50 and expensive above $28.79 (uncertainty medium, based on the price swings of the past year).
The two parts of the fair value come to $23.88 (cash-flow model) and $16.43 (industry comparison), and the gap between them shows how uncertain the estimate is. The price is below both.
Calculated with a cost of equity of 10.6%. At 11.6% the fair value would be $18.16, at 9.6% it would be $23.15.
Where the number comes from
Half from the cash-flow model, half from earnings times the industry P/E (18.2).
Ten-year cash-flow model from smoothed free cash flow and its past growth until it reaches 5.6%. Discounted at 10.6% (floor: government bond yield 5.6% plus 5 percentage points, since beta 0.82 times the risk premium would give less); no analyst estimates were available.
Calculate with your own assumptionsThe calculation step by step
With these figures the cash flow model arrives at $23.88 per share: free cash flow for the next ten years, each year discounted to today at 10.6%, plus the terminal value for the years after. The table explains the calculation; it is not a recommendation.
Calculation as a table
| Year | Free cash flow | Source | Discount factor | Present value (discounted at 10.6%) |
|---|---|---|---|---|
| 2026 | $80.28M | extrapolated at 6.9% | 0.9045 | $72.61M |
| 2027 | $85.48M | extrapolated at 6.5% | 0.8181 | $69.93M |
| 2028 | $90.78M | extrapolated at 6.2% | 0.7400 | $67.17M |
| 2029 | $96.23M | extrapolated at 6.0% | 0.6693 | $64.4M |
| 2030 | $101.88M | extrapolated at 5.9% | 0.6054 | $61.67M |
| 2031 | $107.77M | extrapolated at 5.8% | 0.5475 | $59.01M |
| 2032 | $113.93M | extrapolated at 5.7% | 0.4952 | $56.42M |
| 2033 | $120.38M | extrapolated at 5.7% | 0.4479 | $53.92M |
| 2034 | $127.17M | extrapolated at 5.6% | 0.4052 | $51.52M |
| 2035 | $134.3M | extrapolated at 5.6% | 0.3665 | $49.22M |
| Step | Value |
|---|---|
| Sum of present values (ten years) | $605.88M |
| Terminal value: cash flow 2035 × (1 + 5.6%) / (10.6% − 5.6%) | $2.84B |
| Present value of terminal value (× 0.3665) | $1.04B |
| Equity value (sum plus present value of terminal value) | $1.64B |
| Shares (diluted) | 68.90M |
| Value per share (equity value divided by shares) | $23.88 |
| Earnings per share, last twelve months | $0.90 |
| × 18.2 (industry P/E) | $16.43 |
| Fair value (average of both parts) | $20.15 |
The model uses free cash flow after interest, which belongs to shareholders, discounted at the cost of equity. Net debt is therefore not deducted again.
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = PLN 3.9742)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 31 Dec 2022)
- Valuation signal Undervalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.