AB S.A. (ABE) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of AB S.A. stock PLN 217, price PLN 135, upside +60.9%, quality 53 out of 100. Rating: strongly undervalued. Calculated from audited financials with 25 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 7, 2026.
How to read this chart
60‑month range 30.41 PLN – 158.40 PLN · fair‑value band 125.48 PLN – 282.34 PLN · the 135.00 PLN price screens below the 217.19 PLN fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 7, 2026.
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AB S.A., together with its subsidiaries, distributes IT products primarily in Poland, the Czech Republic, and Slovakia.
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It engages in the wholesale trade of computers, computer hardware, toys, multimedia, electronic equipment, audiovisual equipment, and household appliances; licensing of computer programs; retail trade in computer hardware; toys; manufacturing of personal computers; leasing of warehouses; and logistics activities.
The company also offers IT devices; servers and networks; phones and GPS; photos and optics; household goods; TV sets, home cinema sets, car stereos, voice recorders, Hi-Fi equipment, multimedia players, and blueray / DVD players; office equipment and supplies, computers, monitors, printers, scanners, consumables, and software products; lighting products; fitness and sport products; and construction and assembly, protective clothing, power tools, and hand tools.
In addition, it provides automotive products and accessories, including breathalyzers, cameras and parking sensors, navigation, car recorders, car audio equipment, multimedia stations, CB radios, and hands-free kits, as well as power supplies and chargers; and home products comprising assistants, control panels, sensors, controllers, triggers, and light sources for configuration of an intelligent building.
Further, the company offers facility monitoring products, such as alarms, sensors, intercoms / videophones, wired and wireless cameras, recorders and monitoring sets, as well as gardening tools, mowers and sprayers, garden furniture, and barbecues; and marketing, financing, and training services.
AB S.A. was founded in 1990 and is headquartered in Magnice, Poland.
Stock analysis
AB S.A. (ABE) currently trades at 135.00 PLN, while our model-based Fair Value estimate is 217.19 PLN, implying the stock looks roughly 38% undervalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of 267.66 PLN per share, and 14 of the 25 models we run sit above the 135.00 PLN price.
Bear case: the Dividend Discount group reads lowest at 40.85 PLN, and 11 of the 25 models stay below the price. Data coverage for this calculation is high.
Scenario range: 125.48 PLN (bear) to 282.34 PLN (bull), the price of 135.00 PLN sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 53/100 (solid quality), in the Technology sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
AB S.A. reported revenue of 14.9B PLN in FY2025 versus 14.0B PLN in FY2021, a compound +1.6%/yr. Reported net income was 174M PLN in FY2025, compounding +3.6%/yr from FY2021.
Key figures
Market cap 2.1B PLN (≈ $539M) Small · P/E ratio 9.2 · P/S ratio 0.13 · EPS (TTM) 14.64 PLN · Dividend yield 4.8% · Net margin 1.4% · Return on equity 14.8% · Return on assets (EBIT) 7.0% (4-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 36 out of 100 (medium confidence).
What moves the price
The share trades about 15% below its 52-week high and 51% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Technology peers we cover trades at −8% fair-value upside, at 61%, ABE screens cheaper than that median.
Fair Value models
Bear125.48 PLNFair Value 217.19 PLNBull282.34 PLN
Price 135.00 PLN · Upside +60.9%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (7.00 PLN per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.54/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+1.9%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−0.6%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+2.7%
Start year 2020 (pandemic). Over 10 years: +7.1% a year
Revenue growth 20 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+14.6%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+12.5%
Earnings growth per share plus dividend.
Earnings per share, growth per year+7.7%
Dividend (yield on the price)4.8%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.7.7% vs 10.2%, steady
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.1% → 2%
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+17.0%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Poland: IMF forecast 3.1% a year to 2030, 4.6% from 2016 to 2025) that is about +13.4% a year for the price.
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Electronics & Computer Distribution · 150 stocks
Beats the industry median on 10/15 measures
Overall it ranks above its industry peers.
Valuation
Quality Score53 · Below median
Fair Value upside+60.9% · Top 25%
Profitability
Return on equity (12 months)14.8% · Above median
Return on assets4.1% · Above median
Net margin (12 months)1.4% · Below median
Operating margin (12 months)2.0% · Below median
Growth and dividend
Revenue growth (quarter YoY)44.1% · Top 25%
Dividend yield (12 months)4.8% · Above median
Balance sheet
Debt / equity0.07× · Above median
Valuation Multiplesvs Electronics & Computer Distribution median · lower = cheaper
P/E (12 months)9.2× · Cheaper than median
P/B1.40× · Cheaper than median
P/S (12 months)0.13× · Cheapest 25%
Price / free cash flow (fiscal year)25.5× · Pricier than median
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "AB S.A. Fair Value". https://www.fairvalue-calculator.com/stock/ABE
Frequently asked questions
Is AB S.A. (ABE) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of 217.19 PLN versus a price of 135.00 PLN, about +61% upside (undervalued).
What is the fair value of ABE?
Our model-based fair value for AB S.A. is 217.19 PLN (as of Nov 7, 2026), built from audited fundamentals. The current price: 135.00 PLN.
What is the quality score of ABE?
AB S.A. has a Quality Score of 53/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for AB S.A. (ABE)?
Our model-based price target is the fair value of 217.19 PLN (as of Nov 7, 2026) from 25 valuation models. Cautious scenario 125.48 PLN, optimistic scenario 282.34 PLN. It is a calculation from audited fundamentals, not an analyst target.
What is the AB S.A. stock forecast for 2026?
Our models put fair value at 217.19 PLN, about +61% upside versus a price of 135.00 PLN (undervalued). Cautious scenario 125.48 PLN, optimistic scenario 282.34 PLN. The calculation is refreshed regularly with new filings.
What is the revenue of AB S.A. (ABE)?
AB S.A. reported trailing-twelve-month revenue of about 17.0B PLN (latest available figure, as of Nov 7, 2026).
Does AB S.A. pay a dividend?
AB S.A. currently shows a dividend yield of 4.78% relative to its recent price (as of Nov 7, 2026).
How much is the dividend of AB S.A. (ABE) and when is the ex-dividend date?
AB S.A. pays a dividend of 6.45 PLN per share a year, a dividend yield of 4.8%. The last ex-dividend date was Apr 9, 2026. The payout ratio is 44.1% of earnings. Free cash flow covers the dividend 0.83 times. Our assessment: Watch coverage. The dividend isn’t fully covered by free cash flow or earnings, part of it is funded from reserves or debt. Fine for now, but worth watching: if it stays uncovered, the dividend could be cut.
What growth is priced into AB S.A. (ABE)?
For today's price to be fair in a discounted-cash-flow model, AB S.A. would have to grow free cash flow by +17.0 % per year for five years (discount rate 10.9 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +2.7 % per year. As of Nov 7, 2026.
What discount rate (WACC) does the fair value of ABE use?
Our models discount AB S.A. at 10.9 %: a base by market capitalisation (small), damped by beta 0.61, country premium for Poland. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For AB S.A. that is +17.0 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (10.9 %) and the same formula as our fair value.
How much growth has AB S.A. (ABE) delivered so far?
Over the past 5 years revenue at AB S.A. grew +2.7 % a year. The price currently implies free-cash-flow growth of +17.0 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of AB S.A. (ABE) growing?
The median revenue growth in the sector is +11.5 % a year. That is the yardstick for the growth priced into AB S.A. (+17.0 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of AB S.A. (ABE)?
The free-cash-flow yield on the price is 3.96 %: that much free cash flow AB S.A. produces per unit of market value. When it exceeds the discount rate of our models (10.9 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of AB S.A. (ABE)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For AB S.A. it is 217.19 PLN per share (as of Nov 7, 2026), against a price of 135.00 PLN. It is the blended result of 25 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is AB S.A. stock overvalued or undervalued in 2026?
As of Nov 7, 2026, ABE trades below its calculated fair value: price 135.00 PLN, fair value 217.19 PLN, a gap of about +61% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of ABE?
No. The price is what the market pays today (135.00 PLN); the fair value is what the company's own numbers justify (217.19 PLN). For AB S.A. the two are 82.19 PLN per share apart. That gap is exactly why we show both numbers side by side.
How much is AB S.A. worth?
The market values AB S.A. at about 2.1B PLN (market capitalisation, as of Nov 7, 2026). Per share that is 135.00 PLN; our models calculate a fair value of 217.19 PLN per share.
What do the bullish and bearish scenarios say about ABE?
Our models span a range for AB S.A.: cautious scenario 125.48 PLN, base 217.19 PLN, optimistic 282.34 PLN per share (as of Nov 7, 2026, price 135.00 PLN). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of ABE?
AB S.A. trades at a price-to-earnings ratio of 9.2 (as of Nov 7, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 217.19 PLN is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings: 6.9. Other multiples: PEG 0.5, P/B 1.4, P/S 0.1, EV/EBITDA 5.8.
What is the PEG ratio of ABE?
The PEG ratio of AB S.A. is 0.51 (P/E divided by earnings growth, as of Nov 7, 2026). That is below 1, so growth is priced more cheaply than the earnings multiple alone suggests.
How solid is the balance sheet of AB S.A. (ABE)?
Balance-sheet figures for AB S.A. (as of Nov 7, 2026): return on equity 14.8%, debt of 0.07 per unit of equity. They feed the Quality Score of 53/100, which measures business quality independently of the share price.
How far is ABE from its 52-week high?
AB S.A. trades at 135.00 PLN, about 15% below its 52-week high of 158.40 PLN and 51% above the low of 89.16 PLN (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 217.19 PLN is for.
Which stocks are comparable to AB S.A.?
From the same area (Technology) we also value TD SYNNEX Corporation, Rexel S.A, Unisplendour Corporation, Arrow Electronics, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is AB S.A. stock attractive at the current price?
The data as of Nov 7, 2026: price 135.00 PLN, calculated fair value 217.19 PLN (+61%), Quality Score 53/100, from 25 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of ABE calculated?
We run AB S.A. through 25 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 217.19 PLN builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0% above its aggregate fair value. AB S.A. currently trades 38% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of AB S.A. (ABE)?
The closing price on Nov 6, 2026 was 135.00 PLN. Our model-based fair value is 217.19 PLN, about +61% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with AB S.A. right now?
Solid quality (53/100) at a price below fair value, the discount is the argument here, not the business quality. A fairly wide model range (125.48 PLN to 282.34 PLN) leaves room in how you read the outcome.
Where does the earnings growth of AB S.A. (ABE) come from?
Earnings per share at AB S.A. grew +11.4 % a year from 2014 to 2025. Broken into its drivers: revenue per share +8.5 %, EBIT margin +3.8 %, tax rate +0.1 %, residual (interest, one-offs) −1.2 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of AB S.A.
How large is the market capitalisation of AB S.A. (ABE)?
The market capitalisation of AB S.A. is 2.1B PLN (≈ $539M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of AB S.A. (ABE)?
The price-to-sales ratio of AB S.A. is 0.13 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of AB S.A. (ABE)?
Earnings per share at AB S.A. are 14.64 PLN (price ÷ EPS = P/E 9.2). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of AB S.A. (ABE)?
The dividend yield of AB S.A. is 4.8% (payout 44.1%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of AB S.A. (ABE)?
The net margin of AB S.A. is 1.4% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of AB S.A. (ABE)?
The return on equity (ROE) of AB S.A. is 14.8% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of AB S.A. (ABE)?
On an EBIT basis the return on assets of AB S.A. is 7.0% (avg 4y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of AB S.A. (ABE)?
The operating margin of AB S.A. is 2.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at AB S.A. (ABE)?
Revenue at AB S.A. is growing +44.1% versus a year earlier (3y avg −0.6%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at AB S.A. (ABE)?
Earnings per share at AB S.A. are growing +66.9% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does AB S.A. (ABE) carry?
The net debt of AB S.A. is 37.8M PLN (fiscal year 2025, ≈ 0.5 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Broad data
Nov 7, 2026