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Cyber_Folks S.A (CBF) Fair Value & Analysis

Technology · PL · Market cap 2.8B PLN

CF Cyber_Folks S.A CBF · WAR
Price198.80 PLN
Fair Value26.73 PLN
Upside-86.6%
Quality49/100
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Mixed Growth
Thin margins · 9.4% net margin
Moderate debt · generates free cash flow
0.10% dividend yield
Mixed vs. peers (6/14)
Moderate moat 59/100
Evidence: Medium Range 20.05 PLN – 33.41 PLN Share as image

Fair value as of: Jul 19, 2026

From 26 valuation models · updated 21 days ago

Fair value updated Jul 19, 2026, revised from 26.80 PLN to 26.73 PLN (−0.3%) since Jul 15, 2026. Share price +5.3% over the past month.

Below-average quality, and screening another 87% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (33.41 PLN). The favourable scenario is already priced in.
  • Solid but not exceptional quality (49/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

212.69 PLN 31.77 PLN Fair Value 26.73 PLN Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 19, 2026.

How to read this chart

60‑month range 31.77 PLN – 212.69 PLN · fair‑value band 20.05 PLN – 33.41 PLN · the 198.80 PLN price screens above the 26.73 PLN fair value. Dashed = 300-day average. As of Jul 19, 2026.

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Analysis

Cyber_Folks S.A (CBF) currently trades at 198.80 PLN, while our model-based Fair Value estimate is 26.73 PLN, implying the stock looks roughly 86.6% overvalued today. The Quality Score stands at 49/100 (below-average quality), in the Technology 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: medium).

Over the trailing twelve months, Cyber_Folks S.A generated revenue of 228M PLN at a net margin of 9.4%. Revenue grew 44.5% year over year. It earns a return on equity of 18.1%. Net debt stands at 301M PLN. Fundamentals as of Jul 19, 2026

Our scenario range runs from 20.05 PLN (bear case) to 33.41 PLN (bull case); at 198.80 PLN, the current price sits above 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 10% below its 52-week high and 29% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -25% fair-value upside, at -87%, CBF screens richer 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 BearBaseBull Evidence
Highest evidence
Growth DCF 203.69 PLN 398.73 PLN 712.94 PLN 80
Residual Income 30.53 PLN 36.13 PLN 71.22 PLN 76
Rev-Margin DCF 166.09 PLN 303.62 PLN 587.17 PLN 74
All 26 models by family
DCF Models
FCF DCF 217.69 PLN 341.75 PLN 728.54 PLN 38
Owner Earnings 73.82 PLN 178.45 PLN 390.01 PLN 31
5Y Revenue Exit 151.77 PLN 263.81 PLN 497.64 PLN 39
5Y EBITDA Exit 232.80 PLN 427.60 PLN 809.81 PLN 41
5Y P/E Exit 117.76 PLN 242.59 PLN 406.63 PLN 38
10Y Revenue Exit 168.73 PLN 365.85 PLN 485.42 PLN 36
10Y EBITDA Exit 231.92 PLN 536.33 PLN 1,069 PLN 37
10Y P/E Exit 149.85 PLN 294.29 PLN 517.69 PLN 35
Earnings-Based
Graham-Dodd 28.17 PLN 196.49 PLN 275.74 PLN 54
Lynch FV 93.48 PLN 133.54 PLN 173.60 PLN 50
PEG = 1.0 93.48 PLN 133.54 PLN 173.60 PLN 46
EPV 93.36 PLN 110.02 PLN 124.40 PLN 59
Dividend Discount
Gordon GGM 16.32 PLN 32.51 PLN 49.23 PLN 70
DDM Multi-Stage 16.32 PLN 28.10 PLN 34.32 PLN 61
Multiples
P/E Multiple 87.01 PLN 116.01 PLN 145.02 PLN 63
P/S Multiple 52.83 PLN 70.44 PLN 88.05 PLN 58
P/B Multiple 52.83 PLN 70.44 PLN 88.05 PLN 55
EV/EBIT 233.48 PLN 315.37 PLN 397.26 PLN 53
EV/EBITDA 230.61 PLN 311.54 PLN 392.48 PLN 54
EV/Revenue 112.01 PLN 165.24 PLN 218.47 PLN 43
Asset-Based
NCAV (Graham) 16.46 PLN 22.06 PLN 32.92 PLN 50
Growth DCF
Growth DCF 203.69 PLN 398.73 PLN 712.94 PLN 80
Rev-Margin DCF 166.09 PLN 303.62 PLN 587.17 PLN 74
Economic Profit
Residual Income 30.53 PLN 36.13 PLN 71.22 PLN 76
ROIC Compounder 130.26 PLN 213.52 PLN 279.92 PLN 72
Growth Earnings
Growth-Adj P/E 137.55 PLN 196.50 PLN 255.45 PLN 68

Widest divergence: Growth DCF (303.62 PLN) versus Asset-Based (22.06 PLN). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 228M PLN
Revenue growth (YoY) +44.5%
Net margin 9.4%
Return on equity 18.1%
Free cash flow 220M PLN FY2025
P/E ratio 39.7
More key figures
Operating margin 14.0%
EPS (TTM) 4.93 PLN
Dividend yield 0.1%
EPS growth (YoY) +38.7%
Net debt 301M PLN FY2025

Figures from reported company fundamentals · as of Jul 19, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 49/100

Of which business quality 52 · Market factors (momentum, volatility) 59

Profitability 46
Margins and returns on capital today
Quality Growth 31
Are margins and returns improving?
Cashflow 96
Earnings quality: real cash, not paper profit
Fin. Strength 57
Balance sheet, leverage, solvency risk
Investment 28
Disciplined investing over empire-building
Low Volatility 77
Calm price path (market factor)
Momentum 49
Price trend over the last 3–12 months (market factor)
52W Momentum 58
Distance to the 52-week high (market factor)
Net Issuance 30
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

Cyber_Folks S.A. operates as a technology company worldwide. It operates in Cyber_Folks and Vercom segments. The company's portfolio focuses on products in a subscription model.

Full company description

Cyber_Folks S.A. operates as a technology company worldwide. It operates in Cyber_Folks and Vercom segments. The company's portfolio focuses on products in a subscription model. It provides WordPress, WooCommerce, and PrestaShop hosting; domain registration and transfer and AI site builder; data protection for internet presence; servers and internet infrastructure and TV; and SaaS e-commerce, online store builder, content creation, and customized templates for online stores. The company also offers software for hotels, booking engine, and channel manager for hospitality; and B2B integrations for business automation services. In addition, the company provides marketing and transactional emails, web and mobile push notifications, voice, and SMS and RCS for communication; and marketing emails, MarTech, web development and design, and iOS and Android development for marketing services. It serves small, medium, and large business customers. The company was formerly known as R22 S.A. and changed its name to Cyber_Folks S.A. in August 2023. The company was founded in 1999 and is based in Poznan, Poland.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Cyber_Folks S.A reported revenue of 855M PLN in FY2025 versus 297M PLN in FY2021, a compound +30.3%/yr. Reported net income was 63.1M PLN in FY2025, compounding +25.5%/yr from FY2021.

Growth Quality 87/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
855M PLN
Latest YoY
+30.2%
Avg. growth/yr (3Y)
+29.7%
Avg. growth/yr (5Y)
+32.4%
Avg. growth/yr (7Y)
+28.8%
Revenue +30.3%/yr
FY21 297M PLN
FY22 392M PLN
FY23 480M PLN
FY24 657M PLN
FY25 855M PLN
Net income +25.5%/yr
FY21 25.4M PLN
FY22 24.0M PLN
FY23 50.8M PLN
FY24 117M PLN
FY25 63.1M PLN

CBF screens 87% overvalued. Compare with International Business Machines Corporation →

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

Peer Group

Information Technology Services · 480 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 49 · Below median
Fair Value upside −87% · Bottom 25%
Return on equity (TTM) 18% · Top 25%
Return on assets 9% · Top 25%
Net margin (TTM) 9% · Top 25%
Operating margin (TTM) 14% · Top 25%
Revenue growth 45% · Top 25%
Dividend yield (TTM) 0.1% · Below median
Debt / equity 1.07× · Higher than 75% of peers

Valuation Multiples vs Information Technology Services median · lower = cheaper

P/E (TTM) 38.9× · Pricier than 75% of peers
P/B 1.52× · Cheaper than median
P/S (TTM) 3.35× · Pricier than 75% of peers
P/FCF 3.5× · Pricier than median
EV/EBITDA 16.4× · Pricier 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 0 · sector 20
FUTURE 100 · sector 29
PAST 72 · sector 36
HEALTH 47 · sector 97
DIVIDEND 2 · sector 37

VALUE 0: the price sits above our fair-value range.

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 Information Technology Services stocks, each showing price versus our Fair Value estimate (as of Jul 19, 2026).

Stock Price Fair Value vs Fair Value
International Business Machines Corporation IBM $235.92 $143.90 -39%
Accenture plc ACNN 2,460 MXN 250.95 MXN -90%
Infosys Limited INFY ₹1,156 ₹1,457 +26%
HCL Technologies Limited HCLTECH ₹1,204 ₹1,230 +2%
Wipro Limited WIPRO ₹178.43 ₹226.81 +27%
Tech Mahindra Limited TECHM ₹1,455 ₹1,086 -25%
Samsung SDS Co 018260 199,300 KRW 196,390 KRW -1%
Persistent Systems Limited PERSISTENT ₹5,059 ₹2,364 -53%
Hyundai Autoever Corporation 307950 393,000 KRW 133,088 KRW -66%
Coforge Limited COFORGE ₹1,541 ₹702.84 -54%

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Frequently asked questions

Is Cyber_Folks S.A (CBF) overvalued or undervalued?
As of Jul 19, 2026, our model estimates a fair value of 26.73 PLN versus a price of 198.80 PLN, about −87% (overvalued).
What is the fair value of CBF?
Our model-based fair value for Cyber_Folks S.A is 26.73 PLN (as of Jul 19, 2026), built from audited fundamentals. The current price is 198.80 PLN.
What is the quality score of CBF?
Cyber_Folks S.A has a Quality Score of 49/100. 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 Cyber_Folks S.A (CBF)?
Cyber_Folks S.A reported trailing-twelve-month revenue of about 228M PLN (latest available figure, as of Jul 19, 2026).
What is the net profit margin of CBF?
The net profit margin of Cyber_Folks S.A is about 9.4%, meaning it keeps roughly 9.4% of revenue as net income. Based on the latest reported figures.
Does Cyber_Folks S.A pay a dividend?
Cyber_Folks S.A currently shows a dividend yield of about 0.10% relative to its recent price (as of Jul 19, 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.

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