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Answear.com S.A (ANR) Fair Value & Analysis

Consumer Cyclical · PL · Market cap 337M PLN

AC Answear.com S.A ANR · WAR
Price20.40 PLN
Fair Value23.26 PLN
Upside+14.0%
Quality63/100
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Healthy Growth
Loss-making · -0.1% net margin
Low debt · generates free cash flow
Ranks above peers (8/12)
Narrow moat 23/100
Evidence: High Range 14.23 PLN – 27.85 PLN Share as image

Fair value as of: Jul 12, 2026

From 24 valuation models · updated 29 days ago

Fair value updated Jul 12, 2026, revised from 25.61 PLN to 23.26 PLN (−9.2%) since Jun 24, 2026. Share price +14.9% over the past month.

A solid business, screening 14% undervalued on our models.

What matters now

  • A fairly wide model range (14.23 PLN to 27.85 PLN) leaves room in how you read the outcome.
  • Our model range runs from 14.23 PLN (bear) to 27.85 PLN (bull), base 23.26 PLN. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 63/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

38.10 PLN 16.00 PLN Fair Value 23.26 PLN Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 12, 2026.

How to read this chart

60‑month range 16.00 PLN – 38.10 PLN · fair‑value band 14.23 PLN – 27.85 PLN · the 20.40 PLN price screens below the 23.26 PLN fair value. Dashed = 300-day average. As of Jul 12, 2026.

Full chart & analysis →

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Analysis

Answear.com S.A (ANR) currently trades at 20.40 PLN, while our model-based Fair Value estimate is 23.26 PLN, implying the stock looks roughly 14.0% undervalued today. The Quality Score stands at 63/100 (solid quality), in the Consumer Cyclical 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: high), always confirm before acting.

Over the trailing twelve months, Answear.com S.A generated revenue of 1.7B PLN at a net margin of -0.1%. Revenue grew 7.4% year over year. It earns a return on equity of -0.5%. Net debt stands at 93.7M PLN. Fundamentals as of Jul 12, 2026

Our scenario range runs from 14.23 PLN (bear case) to 27.85 PLN (bull case); at 20.40 PLN, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 36% below its 52-week high and 21% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -49% fair-value upside, at 14%, ANR screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model 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. Evidence
Highest evidence
Growth DCF 158.38 PLN 271.32 PLN 448.80 PLN 80
Rev-Margin DCF 75.86 PLN 111.64 PLN 184.01 PLN 74
ROIC Compounder 25.21 PLN 36.03 PLN 42.78 PLN 72
All 24 models by family
DCF Models
FCF DCF 168.84 PLN 244.94 PLN 472.36 PLN 38
Owner Earnings 17.91 PLN 33.55 PLN 62.57 PLN 31
5Y Revenue Exit 72.30 PLN 97.74 PLN 148.94 PLN 39
5Y EBITDA Exit 79.02 PLN 111.30 PLN 173.62 PLN 41
5Y P/E Exit 62.07 PLN 90.02 PLN 120.59 PLN 38
10Y Revenue Exit 104.46 PLN 168.07 PLN 191.45 PLN 36
10Y EBITDA Exit 109.76 PLN 181.26 PLN 287.77 PLN 37
10Y P/E Exit 98.45 PLN 147.98 PLN 212.73 PLN 35
Earnings-Based
Graham-Dodd 3.34 PLN 23.26 PLN 32.64 PLN 54
Lynch FV 10.41 PLN 14.88 PLN 19.34 PLN 50
PEG = 1.0 10.41 PLN 14.88 PLN 19.34 PLN 46
EPV 20.25 PLN 22.56 PLN 24.48 PLN 59
Multiples
P/E Multiple 8.09 PLN 10.79 PLN 13.49 PLN 63
P/S Multiple 6.25 PLN 8.34 PLN 10.42 PLN 58
P/B Multiple 6.25 PLN 8.34 PLN 10.42 PLN 55
EV/EBIT 35.05 PLN 45.63 PLN 56.20 PLN 53
EV/EBITDA 35.97 PLN 46.85 PLN 57.73 PLN 54
EV/Revenue 24.72 PLN 33.88 PLN 43.04 PLN 43
Asset-Based
NCAV (Graham) 6.14 PLN 8.23 PLN 12.28 PLN 50
Growth DCF
Growth DCF 158.38 PLN 271.32 PLN 448.80 PLN 80
Rev-Margin DCF 75.86 PLN 111.64 PLN 184.01 PLN 74
Economic Profit
Residual Income 8.60 PLN 8.31 PLN 6.91 PLN 61
ROIC Compounder 25.21 PLN 36.03 PLN 42.78 PLN 72
Growth Earnings
Growth-Adj P/E 14.23 PLN 20.32 PLN 26.42 PLN 68

Widest divergence: Growth DCF (111.64 PLN) versus Asset-Based (8.23 PLN). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 1.7B PLN
Revenue growth (YoY) +7.4%
Net margin -0.1%
Return on equity -0.5%
Free cash flow 231M PLN FY2025
Operating margin 0.1%
More key figures
EPS (TTM) -0.0600 PLN
EPS growth (YoY) -92.8%
Net debt 93.7M PLN FY2025

Figures from reported company fundamentals · as of Jul 12, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 63/100

Of which business quality 65 · Market factors (momentum, volatility) 40

Profitability 53
Margins and returns on capital today
Quality Growth 73
Are margins and returns improving?
Cashflow 79
Earnings quality: real cash, not paper profit
Fin. Strength 44
Balance sheet, leverage, solvency risk
Investment 56
Disciplined investing over empire-building
Low Volatility 80
Calm price path (market factor)
Momentum 28
Price trend over the last 3–12 months (market factor)
52W Momentum 14
Distance to the 52-week high (market factor)
Net Issuance 90
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Answear.com S.A. operates online fashion stores in Poland and internationally. It offers blouses and shirts, underwear, sweatshirts, jeans, overalls, jackets, sets and tracksuits, vests, coats, dresses, socks, swimsuits, shorts, pants and leggings, skirts, sweaters, tops and t-shirts, suits, polo shirts, dungarees, rompers, and body and clothing care …

Full company description

Answear.com S.A. operates online fashion stores in Poland and internationally. It offers blouses and shirts, underwear, sweatshirts, jeans, overalls, jackets, sets and tracksuits, vests, coats, dresses, socks, swimsuits, shorts, pants and leggings, skirts, sweaters, tops and t-shirts, suits, polo shirts, dungarees, rompers, and body and clothing care products; and footwear. The company also provides swimming accessories, jewelry, bottles and thermoses, caps and hats, cases and covers, beauticians, masks, glasses, outdoor and tourism accessories, umbrellas, stripes, backpacks, wallets, gloves, sports equipment, scarves and shawls, bags and suitcases, and watches; handbags; sport products; and other home and lifestyle products. In addition, it sells its products for women's, men's, and children's. Answear.com S.A. was founded in 2011 and is based in Kraków, Poland.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Answear.com S.A reported revenue of 1.7B PLN in FY2025 versus 684M PLN in FY2021, a compound +25.6%/yr. Reported net income was 9.3M PLN in FY2025, compounding −20.1%/yr from FY2021.

Growth Quality 90/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
1.7B PLN
Latest YoY
+12.8%
Avg. growth/yr (3Y) 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.
+20.5%
Avg. growth/yr (5Y) 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.
+33.0%
Avg. growth/yr (8Y) 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.
+36.0%
Revenue +25.6%/yr
FY21 684M PLN
FY22 973M PLN
FY23 1.3B PLN
FY24 1.5B PLN
FY25 1.7B PLN
Net income −20.1%/yr
FY21 22.9M PLN
FY22 25.9M PLN
FY23 20.2M PLN
FY24 −10.0M PLN
FY25 9.3M PLN

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

Peer Group

Internet Retail · 109 stocks

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.

Quality Score 63 · Above median
Fair Value upside +14% · Above median
Return on assets 2% · Above median
Net margin (TTM) -0% · Below median
Operating margin (TTM) 0% · Below median
Revenue growth 7% · Below median

Valuation Multiples vs Internet Retail median · lower = cheaper

P/B 0.39× · Cheaper than 75% of peers
P/S (TTM) 0.05× · Cheaper than 75% of peers
P/FCF 0.4× · Cheaper than 75% of peers
EV/EBITDA 0.7× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 52 · sector 34
FUTURE 37 · sector 39
PAST 0 · sector 7
HEALTH 100 · sector 94
DIVIDEND 0 · sector 39

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

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Internet Retail stocks, each showing price versus our Fair Value estimate (as of Jul 12, 2026).

Stock Price Fair Value vs Fair Value
Amazon.com, Inc AMZN $245.34 $127.67 -48%
Alibaba Group BABA $114.97 $75.75 -34%
PDD Holdings PDD $84.14 $223.51 +166%
MercadoLibre, Inc MELI $1,814 $798.98 -56%
DoorDash, Inc DASH $190.16 $38.64 -80%
Sea Limited SE $106.22 $52.70 -50%
eBay Inc EBAY $117.20 $60.13 -49%
JD.com, Inc JD €25.95 €31.88 +23%
Coupang, Inc CPNG $16.86 $2.79 -83%
Delivery Hero SE DHER €38.18 €12.71 -67%

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Frequently asked questions

Is Answear.com S.A (ANR) overvalued or undervalued?
As of Jul 12, 2026, our model estimates a fair value of 23.26 PLN versus a price of 20.40 PLN, about +14% (undervalued).
What is the fair value of ANR?
Our model-based fair value for Answear.com S.A is 23.26 PLN (as of Jul 12, 2026), built from audited fundamentals. The current price is 20.40 PLN.
What is the quality score of ANR?
Answear.com S.A has a Quality Score of 63/100. 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 revenue of Answear.com S.A (ANR)?
Answear.com S.A reported trailing-twelve-month revenue of about 1.7B PLN (latest available figure, as of Jul 12, 2026).
What is the net profit margin of ANR?
The net profit margin of Answear.com S.A is about -0.1%, meaning it is currently running at a net loss. 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.

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