Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. (ZRE) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. stock PLN 1.28, price PLN 7.98, that is 84.0% below the price, quality 41 out of 100. Rating: strongly overvalued. Calculated from audited financials with 22 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 8, 2026.
How to read this chart
60‑month range 0.9440 PLN – 11.48 PLN · fair‑value band 0.8800 PLN – 1.73 PLN · the 7.98 PLN price screens above the 1.28 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 8, 2026.
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Zaklad Budowy Maszyn ZREMB - Chojnice S.A. produces and sells containers and steel structures in Poland and internationally.
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The company provides offshore containers for drilling platforms; basket containers for storage and transport of drills, heads and other elements; mudskip/wasteskip containers for transportation of sea sludge; tool containers for the storage of tools on oil rigs; and specialized containers, as well as transport services.
It also offers military containers; containers for transportation of hazardous freights; offshore frames; agricultural machinery; and steel constructions, including laser cutting and machining.
In addition, the company provides selg discharging containers; mobile kitchen; custom design containers; and custom design military container.
Further, it is involved in the fabrication of steel structures bridges and steel structures of buildings and structures; production of central heating radiators and boilers; and manufacture of other tanks, cisterns, and metal containers, as well as repair and maintenance of finished metal products and machines, and wholesale of metals and metal ores.
The company was founded in 1973 and is based in Chojnice, Poland.
Stock analysis
Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. (ZRE) currently trades at 7.98 PLN, while our model-based Fair Value estimate is 1.28 PLN, 84% 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 9.88 PLN per share, and 4 of the 22 models we run sit above the 7.98 PLN price.
Bear case: the Growth DCF group reads lowest at 0.6850 PLN, and 18 of the 22 models stay below the price. Data coverage for this calculation is low.
Scenario range: 0.8800 PLN (bear) to 1.73 PLN (bull), the price of 7.98 PLN sits above 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 41/100 (below-average quality), in the Basic Materials sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. reported revenue of 40.0M PLN in FY2025 versus 28.7M PLN in FY2021, a compound +8.7%/yr. Reported net income was 10.7M PLN in FY2025, compounding +182.3%/yr from FY2021. FY2021 was a trough year, so the rate overstates the trend.
Key figures
Market cap 112M PLN (≈ $28.5M) Micro · P/E ratio 44.3 · P/S ratio 11.8 · EPS (TTM) 0.1800 PLN · Net margin 26.6% · Return on equity 4.2% · Return on assets (EBIT) 4.4% (5-year average) · Operating margin 0.0%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 40 out of 100 (low confidence).
What moves the price
The share trades about 30% below its 52-week high and 12% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −34% fair-value upside, at −84%, ZRE screens richer than that median.
Fair Value models
The price assumes far more growth than our models allow for, so the models scatter widely (0.0300 PLN to 12.95 PLN). Read the Fair Value as a cautious anchor, not a price target; the Growth Forecast section shows what the price assumes.
Bear0.8800 PLNFair Value 1.28 PLNBull1.73 PLN
Price 7.98 PLN · Downside -84.0%
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 (0.1544 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.61/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+2.3%
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.
+5.8%
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.
+9.9%
Start year 2020 (pandemic). Over 10 years: −7.8% a year
Revenue growth 17 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.
+1.5%
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What shareholders gained per year (last 5 years) (mathematically smoothed) ⓘ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. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip.
+81.4%
Earnings growth per share plus dividend.
Earnings per share, growth per year+81.4%
Dividend (yield on the price)0.0%
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.55.6% vs 12.6%, picking up
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.6% → 1%
2025 sits 346% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
Pace: the 5-year rate starts in 2020 (pandemic)
⚠ Revenue per share shrinking 14.0%/yr over ~10Y (margins intact) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
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).
+57.5%
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 +52.7% a year for the price.
Compare Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. with another stock
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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.Steel · 410 stocks
Beats the industry median on 4/13 measures
Overall it trails its industry peers.
Valuation
Quality Score41 · Below median
Fair Value upside−84.0% · Bottom 25%
Profitability
Return on equity (12 months)4.2% · Below median
Return on assets15.9% · Top 25%
Net margin (12 months)3.9% · Above median
Operating margin (12 months)0.0% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)9.8% · Above median
Balance sheet
Debt / equity0.02× · Below median
Valuation Multiplesvs Steel median · lower = cheaper
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). "Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. Fair Value". https://www.fairvalue-calculator.com/stock/ZRE
Frequently asked questions
Is Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. (ZRE) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of 1.28 PLN versus a price of 7.98 PLN, about 84% lower (overvalued).
What is the fair value of ZRE?
Our model-based fair value for Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. is 1.28 PLN (as of Nov 8, 2026), built from audited fundamentals. The current price: 7.98 PLN.
What is the quality score of ZRE?
Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. has a Quality Score of 41/100. 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 Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. (ZRE)?
Our model-based price target is the fair value of 1.28 PLN (as of Nov 8, 2026) from 22 valuation models. Cautious scenario 0.8800 PLN, optimistic scenario 1.73 PLN. It is a calculation from audited fundamentals, not an analyst target.
What is the Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. stock forecast for 2026?
Our models put fair value at 1.28 PLN, about 84% lower versus a price of 7.98 PLN (overvalued). Cautious scenario 0.8800 PLN, optimistic scenario 1.73 PLN. The calculation is refreshed regularly with new filings.
What is the revenue of Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. (ZRE)?
Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. reported trailing-twelve-month revenue of about 42.0M PLN (latest available figure, as of Nov 8, 2026).
What growth is priced into Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. (ZRE)?
For today's price to be fair in a discounted-cash-flow model, Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. would have to grow free cash flow by +57.5 % per year for five years (discount rate 9.3 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +9.9 % per year. As of Nov 8, 2026.
What discount rate (WACC) does the fair value of ZRE use?
Our models discount Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. at 9.3 %: a base by market capitalisation (nano), damped by beta 0.44, 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 Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. that is +57.5 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (9.3 %) and the same formula as our fair value.
How much growth has Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. (ZRE) delivered so far?
Over the past 5 years revenue at Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. grew +9.9 % a year. The price currently implies free-cash-flow growth of +57.5 % 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 Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. (ZRE) growing?
The median revenue growth in the sector is +9.8 % a year. That is the yardstick for the growth priced into Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. (+57.5 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. (ZRE)?
The free-cash-flow yield on the price is 0.45 %: that much free cash flow Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. produces per unit of market value. When it exceeds the discount rate of our models (9.3 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. (ZRE)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. it is 1.28 PLN per share (as of Nov 8, 2026), against a price of 7.98 PLN. It is the blended result of 22 valuation models in 7 families (DCF Models, Earnings-Based, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. stock overvalued or undervalued in 2026?
As of Nov 8, 2026, ZRE trades above its calculated fair value: price 7.98 PLN, fair value 1.28 PLN, a gap of about −84% (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 ZRE?
No. The price is what the market pays today (7.98 PLN); the fair value is what the company's own numbers justify (1.28 PLN). For Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. the two are 6.70 PLN per share apart. That gap is exactly why we show both numbers side by side.
How much is Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. worth?
The market values Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. at about 112M PLN (market capitalisation, as of Nov 8, 2026). Per share that is 7.98 PLN; our models calculate a fair value of 1.28 PLN per share.
What do the bullish and bearish scenarios say about ZRE?
Our models span a range for Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A.: cautious scenario 0.8800 PLN, base 1.28 PLN, optimistic 1.73 PLN per share (as of Nov 8, 2026, price 7.98 PLN). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of ZRE?
Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. trades at a price-to-earnings ratio of 44.3 (as of Nov 8, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 1.28 PLN is built from several models across several years. Median P/E at fiscal year-end, 7 fiscal years (2019 to 2025), reported earnings: 10.2. Other multiples: P/B 2.7, P/S 2.7, EV/EBITDA 92.0.
How solid is the balance sheet of Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. (ZRE)?
Balance-sheet figures for Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. (as of Nov 8, 2026): return on equity 4.2%, debt of 0.02 per unit of equity. They feed the Quality Score of 41/100, which measures business quality independently of the share price.
How far is ZRE from its 52-week high?
Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. trades at 7.98 PLN, about 30% below its 52-week high of 11.48 PLN and 12% above the low of 7.10 PLN (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 1.28 PLN is for.
Which stocks are comparable to Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A.?
From the same area (Basic Materials) we also value Nucor Corporation, ArcelorMittal S.A, Steel Dynamics, Inc, JSW Steel 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 Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. stock attractive at the current price?
The data as of Nov 8, 2026: price 7.98 PLN, calculated fair value 1.28 PLN (−84%), Quality Score 41/100, from 22 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 ZRE calculated?
We run Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. through 22 models from 7 families: DCF Models, Earnings-Based, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 1.28 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. Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. 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 Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. (ZRE)?
The closing price on Nov 6, 2026 was 7.98 PLN. Our model-based fair value is 1.28 PLN, about 84% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. right now?
The price sits above even our optimistic bull case (1.73 PLN). The favourable scenario is already priced in. Weak quality (41/100) and above fair value at the same time, the margin of safety is missing on both counts. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. A fairly wide model range (0.8800 PLN to 1.73 PLN) leaves room in how you read the outcome.
Key figures of Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A.
How large is the market capitalisation of Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. (ZRE)?
The market capitalisation of Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. is 112M PLN (≈ $28.5M). 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 Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. (ZRE)?
The price-to-sales ratio of Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. is 11.8 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. (ZRE)?
Earnings per share at Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. are 0.1800 PLN (price ÷ EPS = P/E 44.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. (ZRE)?
The net margin of Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. is 26.6% (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 Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. (ZRE)?
The return on equity (ROE) of Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. is 4.2% (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 Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. (ZRE)?
On an EBIT basis the return on assets of Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. is 4.4% (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 Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. (ZRE)?
The operating margin of Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. is 0.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. (ZRE)?
Revenue at Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. is growing +9.8% versus a year earlier (3y avg +5.8%). 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 Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. (ZRE)?
Earnings per share at Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. are growing −69.4% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. (ZRE) carry?
The net debt of Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. is 3.7M PLN (fiscal year 2025, ≈ 7.3 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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Nov 8, 2026