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Alta S.A (AAT) Fair Value & Analysis

Financial Services · PL · Market cap 23.6M PLN

AS Alta S.A AAT · WAR
Price1.74 PLN
Fair Value3.47 PLN
Upside+100.0%
Quality95/100
Evidence: Low Range 1.56 PLN – 5.99 PLN

Fair value as of: Jun 26, 2026

From 3 valuation models · updated 3 days ago

Fair value updated Jun 26, 2026 — revised from 3.20 PLN to 3.47 PLN (+8.4%) since Jun 25, 2026. Share price +8.8% over the past month.

Price vs Fair Value (12 months)

2.18 PLN 1.38 PLN Fair Value 3.47 PLN Jun 2025 Jun 2026

12‑month range 1.38 PLN – 2.18 PLN · fair‑value band 1.56 PLN – 5.99 PLN · the 1.74 PLN price screens below the 3.47 PLN fair value. As of Jun 26, 2026.

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Analysis

Alta S.A (AAT) currently trades at 1.74 PLN, while our model-based Fair Value estimate is 3.47 PLN — implying the stock looks roughly 100.0% undervalued today. We read business quality at 95/100 (high quality), in the Financial Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: low) — always confirm before acting.

Trailing-twelve-month revenue stands at 761K PLN. Revenue grew 39.5% year over year. It earns a return on equity of -4.2%. Net debt stands at 3.8M PLN. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) 761K PLN
Revenue growth (YoY) +39.5%
Return on equity -4.2%
Free cash flow −3.5M PLN FY2025
Operating margin -504%
EPS (TTM) -0.6400 PLN
More key figures
EPS growth (YoY) +109%
Net debt 3.8M PLN FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.

About the company

Alta S.A., through its subsidiaries, engages in the real estate activities in Poland. It is involved in the rental of own real estate properties for property management; acquisition, preparation, and sale of land for development, such as urban planning, design activity; construction and sale of houses and apartments; and real estate administration businesses. The company was formerly known as TUP Spólka Akcyjna and changed its name to Alta S.A. in September 2013. Alta S.A. is based in Warsaw, Poland. The company operates as a subsidiary of Hlamata Holdings Limited.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Alta S.A reported revenue of −5.3M PLN in FY2025 versus 10.0M PLN in FY2021. Reported net income was −10.0M PLN in FY2025.

Revenue
FY21 10.0M PLN
FY22 6.5M PLN
FY23 553K PLN
FY24 14.2M PLN
FY25 −5.3M PLN
Net income
FY21 7.9M PLN
FY22 4.2M PLN
FY23 7.6M PLN
FY24 8.8M PLN
FY25 −10.0M PLN

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Frequently asked questions

Is Alta S.A (AAT) undervalued?
As of Jun 26, 2026, our model estimates a fair value of 3.47 PLN versus a price of 1.74 PLN — about +100% (undervalued). Model-based estimate, not financial advice.
What is the fair value of AAT?
Our 21-model fair value for Alta S.A is 3.47 PLN (as of Jun 26, 2026), built from audited fundamentals. The current price is 1.74 PLN.
What is the quality score of AAT?
Alta S.A has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Alta S.A (AAT)?
Alta S.A reported trailing-twelve-month revenue of about 761K PLN (latest available figure, as of Jun 26, 2026).
What is the net profit margin of AAT?
The net profit margin of Alta S.A is about 0.0%, meaning it keeps roughly 0.0% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.