Analizy Online S.A (AOL) fair value: what the stock is really worth
As of Oct 29, 2026: fair value (intrinsic value) of Analizy Online S.A stock PLN 36.90, price PLN 29.80, upside +23.8%, quality 63 out of 100. Rating: undervalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Oct 30, 2026.
How to read this chart
60‑month range 9.04 PLN – 49.53 PLN · fair‑value band 16.71 PLN – 49.65 PLN · the 29.80 PLN price screens below the 36.90 PLN fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Oct 30, 2026.
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Analizy Online S.A. operates a specialized independent analytical center that monitors and analyzes the situation in specific areas of the capital market in Poland.
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The company creates and provides information services and data delivery for capital market institutions and related entities; and develops tools that support the sale of financial products and enable monitoring and detailed analysis of various areas of the market for collective investment institutions.
Analizy Online S.A. was founded in 2000 and is based in Warsaw, Poland.
Stock analysis
Analizy Online S.A (AOL) currently trades at 29.80 PLN, while our model-based Fair Value estimate is 36.90 PLN, implying the stock looks roughly 19.2% undervalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of 36.90 PLN per share, and 5 of the 13 models we run sit above the 29.80 PLN price.
Bear case: the Economic Profit group reads lowest at 12.17 PLN, and 8 of the 13 models stay below the price. Data coverage for this calculation is high.
Scenario range: 16.71 PLN (bear) to 49.65 PLN (bull), the price of 29.80 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 63/100 (solid quality), in the Financial Services sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Analizy Online S.A reported revenue of 13.8M PLN in FY2025 versus 9.0M PLN in FY2021, a compound +11.3%/yr. Reported net income was 2.3M PLN in FY2025, compounding +32.0%/yr from FY2021.
Key figures
Market cap 36.5M PLN (≈ $9.3M) Micro · P/E ratio 13.3 · P/S ratio 2.47 · EPS (TTM) 2.24 PLN · Dividend yield 5.6% · Net margin 18.9% · Return on equity 69.8% · Return on assets (EBIT) 30.6%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 81 out of 100 (low confidence).
What moves the price
The share trades at its 52-week high and 50% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −20% fair-value upside, at 24%, AOL screens cheaper than that median.
Fair Value models
Bear16.71 PLNFair Value 36.90 PLNBull49.65 PLN
Price 29.80 PLN · Upside +23.8%
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 (1.87 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.99/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+7.0%
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.
+11.2%
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.
+13.5%
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.
+9.4%
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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.
+44.3%
Earnings growth per share plus dividend.
Earnings per share, growth per year+38.7%
Dividend (yield on the price)5.6%
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.0% → 19%
2025 sits 54% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
Growth Forecast
Little optimism in the price
The price assumes less 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).
+9.9%
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 +6.5% a year for the price.
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.Asset Management · 652 stocks
Beats the industry median on 7/13 measures
A mixed picture versus its industry peers.
Valuation
Quality Score63 · Above median
Fair Value upside+23.8% · Above median
Profitability
Return on equity (12 months)69.8% · Top 25%
Return on assets26.9% · Top 25%
Net margin (12 months)18.9% · Below median
Operating margin (12 months)22.8% · Below median
Growth and dividend
Revenue growth (quarter YoY)9.0% · Above median
Dividend yield (12 months)5.6% · Above median
Valuation Multiplesvs Asset Management 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.
Is Analizy Online S.A (AOL) overvalued or undervalued?
As of Oct 30, 2026, our model estimates a fair value of 36.90 PLN versus a price of 29.80 PLN, about +24% upside (undervalued).
What is the fair value of AOL?
Our model-based fair value for Analizy Online S.A is 36.90 PLN (as of Oct 30, 2026), built from audited fundamentals. The current price: 29.80 PLN.
What is the quality score of AOL?
Analizy Online 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 price target for Analizy Online S.A (AOL)?
Our model-based price target is the fair value of 36.90 PLN (as of Oct 30, 2026) from 13 valuation models. Cautious scenario 16.71 PLN, optimistic scenario 49.65 PLN. It is a calculation from audited fundamentals, not an analyst target.
What is the Analizy Online S.A stock forecast for 2026?
Our models put fair value at 36.90 PLN, about +24% upside versus a price of 29.80 PLN (undervalued). Cautious scenario 16.71 PLN, optimistic scenario 49.65 PLN. The calculation is refreshed regularly with new filings.
What is the revenue of Analizy Online S.A (AOL)?
Analizy Online S.A reported trailing-twelve-month revenue of about 14.8M PLN (latest available figure, as of Oct 30, 2026).
Does Analizy Online S.A pay a dividend?
Analizy Online S.A currently shows a dividend yield of 5.58% relative to its recent price (as of Oct 30, 2026).
What growth is priced into Analizy Online S.A (AOL)?
For today's price to be fair in a discounted-cash-flow model, Analizy Online S.A would have to grow free cash flow by +9.9 % per year for five years (discount rate 10.2 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +13.5 % per year. As of Oct 30, 2026.
What discount rate (WACC) does the fair value of AOL use?
Our models discount Analizy Online S.A at 10.2 %: a base by market capitalisation (nano), damped by beta 0.83, 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 Analizy Online S.A that is +9.9 % per year a year over ten years, using the same discount rate (10.2 %) and the same formula as our fair value.
How much growth has Analizy Online S.A (AOL) delivered so far?
Over the past 5 years revenue at Analizy Online S.A grew +13.5 % a year. The price currently implies +9.9 % per year free-cash-flow growth a 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 Analizy Online S.A (AOL) growing?
The median revenue growth in the sector is +7.7 % a year. That is the yardstick for the growth priced into Analizy Online S.A (+9.9 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Analizy Online S.A (AOL)?
The free-cash-flow yield on the price is 4.88 %: that much free cash flow Analizy Online S.A produces per unit of market value. When it exceeds the discount rate of our models (10.2 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Analizy Online S.A (AOL)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Analizy Online S.A it is 36.90 PLN per share (as of Oct 30, 2026), against a price of 29.80 PLN. It is the blended result of 13 valuation models (cash flow, earnings, asset, dividend).
Is Analizy Online S.A stock overvalued or undervalued in 2026?
As of Oct 30, 2026, AOL trades below its calculated fair value: price 29.80 PLN, fair value 36.90 PLN, a gap of about +24% (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 AOL?
No. The price is what the market pays today (29.80 PLN); the fair value is what the company's own numbers justify (36.90 PLN). For Analizy Online S.A the two are 7.10 PLN per share apart. That gap is exactly why we show both numbers side by side.
How much is Analizy Online S.A worth?
The market values Analizy Online S.A at about 36.5M PLN (market capitalisation, as of Oct 30, 2026). Per share that is 29.80 PLN; our models calculate a fair value of 36.90 PLN per share.
What do the bullish and bearish scenarios say about AOL?
Our models span a range for Analizy Online S.A: cautious scenario 16.71 PLN, base 36.90 PLN, optimistic 49.65 PLN per share (as of Oct 30, 2026, price 29.80 PLN). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of AOL?
Analizy Online S.A trades at a price-to-earnings ratio of 13.3 (as of Oct 30, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 36.90 PLN is built from several models across several years. Other multiples: P/B 5.1, P/S 2.5, EV/EBITDA 10.9.
How solid is the balance sheet of Analizy Online S.A (AOL)?
Balance-sheet figures for Analizy Online S.A (as of Oct 30, 2026): return on equity 69.8%. They feed the Quality Score of 63/100, which measures business quality independently of the share price.
How far is AOL from its 52-week high?
Analizy Online S.A trades at 29.80 PLN, at its 52-week high of 29.80 PLN and 50% above the low of 19.86 PLN (as of Oct 29, 2026). Distance from the high says nothing about value: that is what the fair value of 36.90 PLN is for.
Which stocks are comparable to Analizy Online S.A?
From the same area (Financial Services) we also value Blackstone Inc, Brookfield Corporation, KKR & Co, Apollo Global Management, Inc, 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 Analizy Online S.A stock attractive at the current price?
The data as of Oct 30, 2026: price 29.80 PLN, calculated fair value 36.90 PLN (+24%), Quality Score 63/100, from 13 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 AOL calculated?
We run Analizy Online S.A through 13 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 36.90 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 13.4 % above its aggregate fair value. Analizy Online S.A currently trades 19 % 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 Analizy Online S.A (AOL)?
The closing price on Oct 29, 2026 was 29.80 PLN. Our model-based fair value is 36.90 PLN, about +24% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Analizy Online S.A right now?
The model range is unusually wide (16.71 PLN to 49.65 PLN). The outcome hinges heavily on assumptions, so read the point estimate with caution. Solid quality (63/100) at a price below fair value, the discount is the argument here, not the business quality. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Key figures of Analizy Online S.A
How large is the market capitalisation of Analizy Online S.A (AOL)?
The market capitalisation of Analizy Online S.A is 36.5M PLN (≈ $9.3M). 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 Analizy Online S.A (AOL)?
The price-to-sales ratio of Analizy Online S.A is 2.47 (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 Analizy Online S.A (AOL)?
Earnings per share at Analizy Online S.A are 2.24 PLN (price ÷ EPS = P/E 13.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Analizy Online S.A (AOL)?
The dividend yield of Analizy Online S.A is 5.6% (payout 74.3%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Analizy Online S.A (AOL)?
The net margin of Analizy Online S.A is 18.9% (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 Analizy Online S.A (AOL)?
The return on equity (ROE) of Analizy Online S.A is 69.8% (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 Analizy Online S.A (AOL)?
On an EBIT basis the return on assets of Analizy Online S.A is 30.6% (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 Analizy Online S.A (AOL)?
The operating margin of Analizy Online S.A is 22.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Analizy Online S.A (AOL)?
Revenue at Analizy Online S.A is growing +9.0% versus a year earlier (3y avg +11.2%). 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 Analizy Online S.A (AOL)?
Earnings per share at Analizy Online S.A are growing +41.0% versus a year earlier. How much earnings per share grew versus a year earlier.
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