ELQ SA (ELQ) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of ELQ SA stock PLN 1.06, price PLN 1.46, that is 27.4% below the price, quality 36 out of 100. Rating: overvalued. Calculated from audited financials with 15 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 0.9450 PLN – 4.34 PLN · fair‑value band 0.6600 PLN – 1.90 PLN · the 1.46 PLN price screens above the 1.06 PLN fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. As of Nov 7, 2026.
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ELQ S.A. designs, produces and sells transformer stations for renewable energy sources in Poland. The company also constructs photovoltaic and wind power plants; and provides technical consulting services, including the selection of energy equipment.
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It also offers distribution and consumer transformer stations, measuring connectors, cable connectors, and switchgears. The company was founded in 1976 and is based in Czestochowa, Poland. ELQ S.A. is a subsidiary of Veltoro Sp. z o.o.
Stock analysis
ELQ SA (ELQ) currently trades at 1.46 PLN, while our model-based Fair Value estimate is 1.06 PLN, 27% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of 1.46 PLN per share, and 3 of the 15 models we run sit above the 1.46 PLN price.
Bear case: the Asset-Based group reads lowest at 0.1300 PLN, and 12 of the 15 models stay below the price. Data coverage for this calculation is low.
Scenario range: 0.6600 PLN (bear) to 1.90 PLN (bull), the price of 1.46 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 36/100 (below-average quality), in the Industrials sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
ELQ SA reported revenue of 74.9M PLN in FY2025 versus 25.6M PLN in FY2021, a compound +30.7%/yr. Reported net income was 4.1M PLN in FY2025.
Key figures
Market cap 144M PLN (≈ $36.8M) Micro · P/S ratio 2.31 · EPS (TTM) −0.0200 PLN · Net margin 5.5% · Return on equity −85.2% · Return on assets (EBIT) 6.5% (5-year average) · Operating margin −17.5% · Revenue (TTM) 70.4M PLN.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 21 out of 100 (low confidence).
What moves the price
The share trades about 54% below its 52-week high and 4% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −36% fair-value upside, at −27%, ELQ screens cheaper than that median.
Fair Value models
Bear0.6600 PLNFair Value 1.06 PLNBull1.90 PLN
Price 1.46 PLN · Downside -27.4%
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.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.56/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+0.7%
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.
+38.2%
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.
+13.0%
Start year 2020 (pandemic)
Revenue growth 9 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.
+39.3%
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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.
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.Electrical Equipment & Parts · 564 stocks
Beats the industry median on 2/9 measures
Overall it trails its industry peers.
Valuation
Quality Score36 · Bottom 25%
Fair Value upside−27.4% · Above median
Profitability
Return on assets5.4% · Above median
Net margin (12 months)−14.8% · Bottom 25%
Operating margin (12 months)−17.5% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)−18.6% · Bottom 25%
Balance sheet
Debt / equity0.38× · Highest 25%
Valuation Multiplesvs Electrical Equipment & Parts median · lower = cheaper
P/B7.28× · Priciest 25%
P/S (12 months)2.05× · Pricier than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)0· sector 66
PAST (return on equity)0· sector 25
HEALTH (low debt)81· sector 97
DIVIDEND (yield)0· sector 23
VALUE 0: the price sits above our fair-value range.
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). "ELQ SA Fair Value". https://www.fairvalue-calculator.com/stock/ELQ
Frequently asked questions
Is ELQ SA (ELQ) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of 1.06 PLN versus a price of 1.46 PLN, about 27% lower (overvalued).
What is the fair value of ELQ?
Our model-based fair value for ELQ SA is 1.06 PLN (as of Nov 7, 2026), built from audited fundamentals. The current price: 1.46 PLN.
What is the quality score of ELQ?
ELQ SA has a Quality Score of 36/100. 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 ELQ SA (ELQ)?
Our model-based price target is the fair value of 1.06 PLN (as of Nov 7, 2026) from 15 valuation models. Cautious scenario 0.6600 PLN, optimistic scenario 1.90 PLN. It is a calculation from audited fundamentals, not an analyst target.
What is the ELQ SA stock forecast for 2026?
Our models put fair value at 1.06 PLN, about 27% lower versus a price of 1.46 PLN (overvalued). Cautious scenario 0.6600 PLN, optimistic scenario 1.90 PLN. The calculation is refreshed regularly with new filings.
What is the revenue of ELQ SA (ELQ)?
ELQ SA reported trailing-twelve-month revenue of about 70.4M PLN (latest available figure, as of Nov 7, 2026).
What is the intrinsic value of ELQ SA (ELQ)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For ELQ SA it is 1.06 PLN per share (as of Nov 7, 2026), against a price of 1.46 PLN. It is the blended result of 15 valuation models in 6 families (DCF Models, Earnings-Based, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is ELQ SA stock overvalued or undervalued in 2026?
As of Nov 7, 2026, ELQ trades above its calculated fair value: price 1.46 PLN, fair value 1.06 PLN, a gap of about −27% (overvalued). 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 ELQ?
No. The price is what the market pays today (1.46 PLN); the fair value is what the company's own numbers justify (1.06 PLN). For ELQ SA the two are 0.4000 PLN per share apart. That gap is exactly why we show both numbers side by side.
How much is ELQ SA worth?
The market values ELQ SA at about 144M PLN (market capitalisation, as of Nov 7, 2026). Per share that is 1.46 PLN; our models calculate a fair value of 1.06 PLN per share.
What do the bullish and bearish scenarios say about ELQ?
Our models span a range for ELQ SA: cautious scenario 0.6600 PLN, base 1.06 PLN, optimistic 1.90 PLN per share (as of Nov 7, 2026, price 1.46 PLN). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of ELQ SA (ELQ)?
Balance-sheet figures for ELQ SA (as of Nov 7, 2026): return on equity −85.2%, debt of 0.38 per unit of equity. They feed the Quality Score of 36/100, which measures business quality independently of the share price.
How far is ELQ from its 52-week high?
ELQ SA trades at 1.46 PLN, about 54% below its 52-week high of 3.18 PLN and 4% above the low of 1.41 PLN (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 1.06 PLN is for.
Which stocks are comparable to ELQ SA?
From the same area (Industrials) we also value Contemporary Amperex Technology Co, ABB Ltd, Vertiv Holdings, Delta Electronics (Thailand) Public Company, 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 ELQ SA stock attractive at the current price?
The data as of Nov 7, 2026: price 1.46 PLN, calculated fair value 1.06 PLN (−27%), Quality Score 36/100, from 15 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 ELQ calculated?
We run ELQ SA through 15 models from 6 families: DCF Models, Earnings-Based, Multiples, Asset-Based, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 1.06 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 13.3% above its aggregate fair value. ELQ SA itself currently trades above fair value. 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 ELQ SA (ELQ)?
The closing price on Nov 6, 2026 was 1.46 PLN. Our model-based fair value is 1.06 PLN, about 27% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with ELQ SA right now?
Weak quality (36/100) and above fair value at the same time, the margin of safety is missing on both counts. The model range is unusually wide (0.6600 PLN to 1.90 PLN). The outcome hinges heavily on assumptions, so read the point estimate with caution. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
Key figures of ELQ SA
How large is the market capitalisation of ELQ SA (ELQ)?
The market capitalisation of ELQ SA is 144M PLN (≈ $36.8M). 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 ELQ SA (ELQ)?
The price-to-sales ratio of ELQ SA is 2.31 (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 ELQ SA (ELQ)?
Earnings per share at ELQ SA are −0.0200 PLN. Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of ELQ SA (ELQ)?
The net margin of ELQ SA is 5.5% (fiscal year 2025). 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 ELQ SA (ELQ)?
The return on equity (ROE) of ELQ SA is −85.2% (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 ELQ SA (ELQ)?
On an EBIT basis the return on assets of ELQ SA is 6.5% (avg 5y). 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 ELQ SA (ELQ)?
The operating margin of ELQ SA is −17.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at ELQ SA (ELQ)?
Revenue at ELQ SA is growing −18.6% versus a year earlier (3y avg +38.2%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How much free cash flow does ELQ SA (ELQ) generate?
The free cash flow of ELQ SA is −2.5M PLN (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does ELQ SA (ELQ) carry?
The net debt of ELQ SA is 9.4M PLN (fiscal year 2025). 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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Thin data
Nov 7, 2026