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Atrem S.A (ATR) Fair Value & Analysis

Industrials · PL · Market cap 535M PLN

AS Atrem S.A ATR · WAR
Price53.50 PLN
Fair Value28.75 PLN
Upside-46.3%
Quality92/100
Evidence: High Range 21.56 PLN – 36.16 PLN

Fair value as of: Jun 24, 2026

From 26 valuation models · updated 5 days ago

Share price −5.8% over the past month.

Price vs Fair Value (12 months)

64.98 PLN 33.99 PLN Fair Value 28.75 PLN Jun 2025 Jun 2026

12‑month range 33.99 PLN – 64.98 PLN · fair‑value band 21.56 PLN – 36.16 PLN · the 53.50 PLN price screens above the 28.75 PLN fair value. As of Jun 24, 2026.

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Analysis

Atrem S.A (ATR) currently trades at 53.50 PLN, while our model-based Fair Value estimate is 28.75 PLN — implying the stock looks roughly 46.3% overvalued today. We read business quality at 92/100 (high quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, Atrem S.A generated revenue of 331M PLN at a net margin of 11.8%. Revenue grew 44.8% year over year. It earns a return on equity of 57.5%. Net debt stands at 18.6M PLN. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) 331M PLN
Revenue growth (YoY) +44.8%
Net margin 11.8%
Return on equity 57.5%
Free cash flow 28.2M PLN FY2024
P/E ratio 21.2
More key figures
Operating margin 11.9%
EPS (TTM) 2.73 PLN
Dividend yield 3.7%
EPS growth (YoY) +30.2%
Net debt 18.6M PLN FY2024

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

Atrem S.A. provides engineering support services for large infrastructure and construction projects in Poland. The company design and construct low-voltage, medium-voltage, and high-voltage lines, high-voltage and medium-voltage substations, and buildings and industrial facilities; and offers design and formal work related to investment preparation, as well as general contractor services. It also provides various services, including design, installation, and integration of security systems, video surveillance, telecommunications and IT systems, building automation, and fire protection systems; and conceptual design, design, and implementation work in the construction, renovation, and modernization of industrial facilities, as well as their operation and maintenance, including automation, telemetry, and measurement systems. In addition, the company constructs wind farms, photovoltaic farms, cogeneration and trigeneration systems, and biogas and biomethane plants. The company was foun…

Revenue & earnings trend

FY2020 – FY2024 · reported fiscal years

Atrem S.A reported revenue of 187M PLN in FY2024 versus 86.4M PLN in FY2020, a compound +21.4%/yr. Reported net income was 15.6M PLN in FY2024, compounding +61.1%/yr from FY2020.

Revenue +21.4%/yr
FY20 86.4M PLN
FY21 101M PLN
FY22 111M PLN
FY23 142M PLN
FY24 187M PLN
Net income +61.1%/yr
FY20 2.3M PLN
FY21 6.2M PLN
FY22 2.5M PLN
FY23 6.0M PLN
FY24 15.6M PLN

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Similar stocks

6 more Engineering & Construction stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).

Stock Price Fair Value vs Fair Value
Larsen & Toubro Limited LTOD $42.70 $34.33 -20%
Samsung C&T Corporation 028260 460,500 KRW 206,212 KRW -55%
China State Construction Engineering Corporation 601668 ¥4.72 ¥16.90 +258%
TopBuild Corp BLD 7,547 MXN 3,472 MXN -54%
Shandong Xinneng Taishan Power Generation Co 000720 127,800 KRW 55,602 KRW -56%
United Integrated Services Co 2404 1,195 TWD 1,681 TWD +41%

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Frequently asked questions

Is Atrem S.A (ATR) undervalued?
As of Jun 24, 2026, our model estimates a fair value of 28.75 PLN versus a price of 53.50 PLN — about −46% (overvalued). Model-based estimate, not financial advice.
What is the fair value of ATR?
Our 21-model fair value for Atrem S.A is 28.75 PLN (as of Jun 24, 2026), built from audited fundamentals. The current price is 53.50 PLN.
What is the quality score of ATR?
Atrem S.A has a Quality Score of 92/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Atrem S.A (ATR)?
Atrem S.A reported trailing-twelve-month revenue of about 331M PLN (latest available figure, as of Jun 24, 2026).
What is the net profit margin of ATR?
The net profit margin of Atrem S.A is about 11.8%, meaning it keeps roughly 11.8% of revenue as net income. Based on the latest reported figures.
Does Atrem S.A pay a dividend?
Atrem S.A currently shows a dividend yield of about 3.72% relative to its recent price (as of Jun 24, 2026).

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.