EN DE
Watch Vee S.A for free: we tell you when fair value or trend changes.
Data-driven stock valuation

Vee S.A (VEE) fair value: what the stock is really worth

As of Nov 4, 2026: fair value (intrinsic value) of Vee S.A stock PLN 15.15, price PLN 10.35, upside +46.4%, quality 48 out of 100. Rating: undervalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.

  1. Keep an eye on it?Free in your watchlist: 5 stocks without an account, 10 with one Yes, for free

Technology PL · ISIN PLVCTCM00019

VS Some data Nov 5, 2026

Vee S.A

VEE · WAR
Speculative

The stock costs 32% less than our calculation considers fair.

Fair value 15.15 PLN · Undervalued (32%)
Highly profitable · 50.7% net margin (TTM)
Low debt
Ranks above peers (10/12)
Profit last quarter +100% vs. a year ago.
Quality 48/100
Expensive Growth (revenue 3y +20.9 %/yr in PLN)
Wide moat 67/100 · thin data
Some data
Negative free cash flow

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

142.06 PLN 9.63 PLN Fair Value 15.15 PLN Jun 2021 Nov 2026

White line = price, green steps = our fair value per fiscal year. As of Nov 5, 2026.

How to read this chart

60‑month range 9.63 PLN – 142.06 PLN · fair‑value band 11.37 PLN – 18.94 PLN · the 10.35 PLN price screens below the 15.15 PLN fair value. As of Nov 5, 2026.

Follow Vee in your weekly email

Every Wednesday you see whether Vee is on track or worth a review, plus price against fair value. Free, up to 3 stocks.

We send you a confirmation link. Unsubscribe with one click.

Which stocks are undervalued right now? Check free Discover now →

Company profile

Vee S.A. engages in the development and commercialization of products designed to automate telephone communication in Poland. Its solutions are based on artificial intelligence algorithms, telecommunications technologies, process workshop, and extensive service experience.

Show moreShow less

The company also engages in the call center activities; activities related to software and IT consultancy, and related activities; management consultancy; advertising, market research, and public opinion research; information service activities; and activities related to office administration and other support activities.

It serves customer service teams, micro and small service companies and individual users. The company was formerly known as Voicetel Communications S.A. and changed its name to Vee S.A.in September 2020. Vee S.A. was incorporated in 2012 and is headquartered in Warsaw, Poland.

Stock analysis

Vee S.A (VEE) currently trades at 10.35 PLN, while our model-based Fair Value estimate is 15.15 PLN, implying the stock looks roughly 32% undervalued today.

Show more

Valuation

Bull case: the Growth Earnings group reads highest at a median of 27.30 PLN per share, and 9 of the 14 models we run sit above the 10.35 PLN price.

Bear case: the Economic Profit group reads lowest at 7.10 PLN, and 5 of the 14 models stay below the price. Data coverage for this calculation is medium.

Scenario range: 11.37 PLN (bear) to 18.94 PLN (bull), the price of 10.35 PLN sits below 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 48/100 (below-average quality), in the Technology sector.

Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.

Vee S.A reported revenue of 5.1M PLN in FY2025 versus 2.9M PLN in FY2022, a compound +20.9%/yr. Reported net income was 2.2M PLN in FY2025.

Key figures

Market cap 27.5M PLN (≈ $7.0M) Micro · P/E ratio 10.4 · P/S ratio 4.97 · EPS (TTM) 1.00 PLN · Net margin 50.7% · Return on equity 9.9% · Return on assets (EBIT) −5.0% · Operating margin 40.6%.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 67 out of 100 (low confidence).

What moves the price

The share trades about 37% below its 52-week high and 3% above its 52-week low, currently below its 200-day average.

For context, the median of 10 Technology peers we cover trades at 23% fair-value upside, at 46%, VEE screens cheaper than that median.

Fair Value models

Bear 11.37 PLN Fair Value 15.15 PLN Bull 18.94 PLN
Price 10.35 PLN · Upside +46.4%
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. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (0.8466 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.
Best data coverage
EPV 6.11 PLN 7.10 PLN 7.95 PLN 71
ROIC Compounder 6.11 PLN 7.10 PLN 7.95 PLN 69
Residual Income 10.21 PLN 10.55 PLN 11.44 PLN 68
All 14 models by family
Earnings-Based
Graham-Dodd 5.51 PLN 38.43 PLN 53.93 PLN 60
Lynch FV 15.14 PLN 21.62 PLN 28.11 PLN 58
PEG = 1.0 15.14 PLN 21.62 PLN 28.11 PLN 55
EPV 6.11 PLN 7.10 PLN 7.95 PLN 71
Multiples
P/E Multiple 12.76 PLN 17.02 PLN 21.27 PLN 63
P/S Multiple 2.85 PLN 3.81 PLN 4.76 PLN 58
P/B Multiple 43.79 PLN 58.39 PLN 72.98 PLN 55
EV/EBIT 10.62 PLN 14.16 PLN 17.70 PLN 66
EV/EBITDA 11.37 PLN 15.15 PLN 18.94 PLN 67
EV/Revenue 2.40 PLN 3.43 PLN 4.46 PLN 53
Asset-Based
NCAV (Graham) 6.49 PLN 8.69 PLN 12.97 PLN 54
Economic Profit
Residual Income 10.21 PLN 10.55 PLN 11.44 PLN 68
ROIC Compounder 6.11 PLN 7.10 PLN 7.95 PLN 69
Growth Earnings
Growth-Adj P/E 19.11 PLN 27.30 PLN 35.50 PLN 65

Open the full fair value analysis →

Quality Score breakdown

Overall quality 48/100

It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.

Profitability 38
How much profit the company makes from its sales and capital
Quality Growth 92
Are margins and returns getting better?
Cashflow 0
Do the profits arrive as real cash?
Financial strength 71
Debt, balance sheet and risk of trouble
Investment 34
Does it invest with discipline instead of growing at any price?
Low Volatility 68
How calm the share price moves, does not count
Price momentum 21
Price momentum of the last 3 to 12 months, does not count
Near the 52-week high 9
Distance to the 52-week high, does not count
New shares 40
Buys back shares or issues new ones?

Open the full quality analysis →

Revenue & earnings trend

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. 57/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+27.8%
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.
+20.9%
Profit margin (trend) ⓘ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.
−192.8% (2022) → 43.8% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: no profitable base year
not computed

Watch VEE, get fair value alerts →

Compare Vee S.A with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

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.Information Technology Services · 484 stocks

Beats the industry median on 9/11 measures
Overall it ranks above its industry peers.
Valuation
Quality Score 48 · Below median
Fair Value upside +46.4% · Above median
Profitability
Return on equity (12 months) 9.9% · Above median
Return on assets 5.3% · Above median
Net margin (12 months) 50.7% · Top 25%
Operating margin (12 months) 40.6% · Top 25%
Growth and dividend
Revenue growth (quarter YoY) 6.9% · Above median

Valuation Multiplesvs Information Technology Services median · lower = cheaper

P/E (12 months) 10.4× · Cheapest 25%
P/B 0.80× · Cheapest 25%
P/S (12 months) 4.97× · Priciest 25%
EV/EBITDA 10.3× · Cheaper than median

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)95 · sector 43
FUTURE (revenue growth)35 · sector 32
PAST (return on equity)40 · sector 37
HEALTH (low debt)100 · sector 98
DIVIDEND (yield)0 · sector 40

Context: sector, industry, market

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Information Technology Services stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value Compare
Cognizant Technology Solutions Corporation CTSH $65.78 $139.68 +112% vs VEE
Infosys Limited INFY ₹1,128 ₹1,673 +48% vs VEE
Wipro Limited WIPRO ₹194.55 ₹287.86 +48% vs VEE
Accenture plc ACN $264.27 $332.90 +26% vs VEE
Tata Consultancy Services Limited TCS ₹2,436 ₹2,993 +23% vs VEE
HCL Technologies Limited HCLTECH ₹1,405 ₹1,602 +14% vs VEE
Amadeus IT Group AMS €59.64 €65.98 +11% vs VEE
CDW Corporation CDW $168.75 $165.54 −2% vs VEE
Broadridge Financial Solutions, Inc BR $189.29 $161.47 −15% vs VEE
International Business Machines Corporation IBM $254.32 $185.39 −27% vs VEE

Explore undervalued stocks

More undervalued Technology stocks →

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

For bloggers & editors: embed code + live data

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.

Vee S.A: fair value per Fair Value Calculator

Cite: Fair Value Calculator (2026). "Vee S.A Fair Value". https://www.fairvalue-calculator.com/stock/VEE.WAR

Frequently asked questions

Is Vee S.A (VEE) overvalued or undervalued?
As of Nov 5, 2026, our model estimates a fair value of 15.15 PLN versus a price of 10.35 PLN, about +46% upside (undervalued).
What is the fair value of VEE?
Our model-based fair value for Vee S.A is 15.15 PLN (as of Nov 5, 2026), built from audited fundamentals. The current price: 10.35 PLN.
What is the quality score of VEE?
Vee S.A has a Quality Score of 48/100. 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 Vee S.A (VEE)?
Our model-based price target is the fair value of 15.15 PLN (as of Nov 5, 2026) from 14 valuation models. Cautious scenario 11.37 PLN, optimistic scenario 18.94 PLN. It is a calculation from audited fundamentals, not an analyst target.
What is the Vee S.A stock forecast for 2026?
Our models put fair value at 15.15 PLN, about +46% upside versus a price of 10.35 PLN (undervalued). Cautious scenario 11.37 PLN, optimistic scenario 18.94 PLN. The calculation is refreshed regularly with new filings.
What is the revenue of Vee S.A (VEE)?
Vee S.A reported trailing-twelve-month revenue of about 5.5M PLN (latest available figure, as of Nov 5, 2026).
What is the intrinsic value of Vee S.A (VEE)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Vee S.A it is 15.15 PLN per share (as of Nov 5, 2026), against a price of 10.35 PLN. It is the blended result of 14 valuation models (cash flow, earnings, asset, dividend).
Is Vee S.A stock overvalued or undervalued in 2026?
As of Nov 5, 2026, VEE trades below its calculated fair value: price 10.35 PLN, fair value 15.15 PLN, a gap of about +46% (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 VEE?
No. The price is what the market pays today (10.35 PLN); the fair value is what the company's own numbers justify (15.15 PLN). For Vee S.A the two are 4.80 PLN per share apart. That gap is exactly why we show both numbers side by side.
How much is Vee S.A worth?
The market values Vee S.A at about 27.5M PLN (market capitalisation, as of Nov 5, 2026). Per share that is 10.35 PLN; our models calculate a fair value of 15.15 PLN per share.
What do the bullish and bearish scenarios say about VEE?
Our models span a range for Vee S.A: cautious scenario 11.37 PLN, base 15.15 PLN, optimistic 18.94 PLN per share (as of Nov 5, 2026, price 10.35 PLN). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of VEE?
Vee S.A trades at a price-to-earnings ratio of 10.4 (as of Nov 5, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 15.15 PLN is built from several models across several years. Other multiples: P/B 0.8, P/S 5.0, EV/EBITDA 10.3.
How solid is the balance sheet of Vee S.A (VEE)?
Balance-sheet figures for Vee S.A (as of Nov 5, 2026): return on equity 9.9%. They feed the Quality Score of 48/100, which measures business quality independently of the share price.
How far is VEE from its 52-week high?
Vee S.A trades at 10.35 PLN, about 37% below its 52-week high of 16.30 PLN and 3% above the low of 10.00 PLN (as of Nov 4, 2026). Distance from the high says nothing about value: that is what the fair value of 15.15 PLN is for.
Which stocks are comparable to Vee S.A?
From the same area (Technology) we also value International Business Machines Corporation, Accenture plc, Tata Consultancy Services Limited, Infosys Limited, 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 Vee S.A stock attractive at the current price?
The data as of Nov 5, 2026: price 10.35 PLN, calculated fair value 15.15 PLN (+46%), Quality Score 48/100, from 14 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 VEE calculated?
We run Vee S.A through 14 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 15.15 PLN, 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 15.0% above its aggregate fair value. Vee S.A currently trades 32% 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 Vee S.A (VEE)?
The closing price on Nov 4, 2026 was 10.35 PLN. Our model-based fair value is 15.15 PLN, about +46% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Vee S.A right now?
The large discount to fair value meets weak quality (48/100). That raises the risk this is a value trap rather than a bargain. The price is below even our cautious bear case (11.37 PLN). The market is more pessimistic than our downside scenario.

Key figures of Vee S.A

How large is the market capitalisation of Vee S.A (VEE)?
The market capitalisation of Vee S.A is 27.5M PLN (≈ $7.0M). 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 Vee S.A (VEE)?
The price-to-sales ratio of Vee S.A is 4.97 (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 Vee S.A (VEE)?
Earnings per share at Vee S.A are 1.00 PLN (price ÷ EPS = P/E 10.4). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Vee S.A (VEE)?
The net margin of Vee S.A is 50.7% (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 Vee S.A (VEE)?
The return on equity (ROE) of Vee S.A is 9.9% (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 Vee S.A (VEE)?
On an EBIT basis the return on assets of Vee S.A is −5.0% (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 Vee S.A (VEE)?
The operating margin of Vee S.A is 40.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Vee S.A (VEE)?
Revenue at Vee S.A is growing +6.9% versus a year earlier (3y avg +20.9%). 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 Vee S.A (VEE)?
Earnings per share at Vee S.A are growing +99.9% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Vee S.A (VEE) generate?
The free cash flow of Vee S.A is −13.0M PLN (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
Free · no account needed

Watch Vee S.A in the live analysis

One click puts Vee S.A on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.