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Cloud Technologies S.A (CLD) Fair Value & Analysis

Technology · PL · Market cap 428M PLN

CT Cloud Technologies S.A CLD · WAR
Price99.00 PLN
Fair Value38.35 PLN
Upside-61.3%
Quality82/100
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Mixed Growth
Highly profitable · 20.8% net margin
Low debt · generates free cash flow
1.03% dividend yield
Ranks above peers (9/14)
Wide moat 69/100
Evidence: High Range 27.62 PLN – 49.90 PLN Share as image

Fair value as of: Jul 16, 2026

From 22 valuation models · updated 25 days ago

Fair value updated Jul 16, 2026, revised from 37.83 PLN to 38.35 PLN (+1.4%) since Jul 15, 2026. Share price −7.0% over the past month.

A strong business, but screening 61% overvalued on our models.

What matters now

  • A high-quality business (quality 82/100), yet the market already pays well above fair value. Quality at a full price, with little margin of safety.
  • The price sits above even our optimistic bull case (49.90 PLN). The favourable scenario is already priced in.
  • A fairly wide model range (27.62 PLN to 49.90 PLN) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

116.00 PLN 19.23 PLN Fair Value 38.35 PLN Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.

How to read this chart

60‑month range 19.23 PLN – 116.00 PLN · fair‑value band 27.62 PLN – 49.90 PLN · the 99.00 PLN price screens above the 38.35 PLN fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 16, 2026.

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Analysis

Cloud Technologies S.A (CLD) currently trades at 99.00 PLN, while our model-based Fair Value estimate is 38.35 PLN, implying the stock looks roughly 61.3% overvalued today. The Quality Score stands at 82/100 (high 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: high).

Over the trailing twelve months, Cloud Technologies S.A generated revenue of 52.5M PLN at a net margin of 20.8%. Revenue grew 17.2% year over year. It earns a return on equity of 13.0%. The balance sheet holds a net cash position of 2.1M PLN. Fundamentals as of Jul 16, 2026

Our scenario range runs from 27.62 PLN (bear case) to 49.90 PLN (bull case); at 99.00 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 near its 52-week high and 128% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -50% fair-value upside, at -61%, CLD 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 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 24.92 PLN 31.71 PLN 39.65 PLN 80
Residual Income 15.61 PLN 17.46 PLN 26.40 PLN 76
Rev-Margin DCF 21.88 PLN 31.13 PLN 40.90 PLN 74
All 22 models by family
DCF Models
FCF DCF 24.43 PLN 31.76 PLN 40.67 PLN 38
Owner Earnings 38.65 PLN 50.46 PLN 64.81 PLN 31
5Y Revenue Exit 21.88 PLN 30.72 PLN 41.40 PLN 39
5Y EBITDA Exit 39.91 PLN 62.17 PLN 86.83 PLN 41
5Y P/E Exit 26.94 PLN 39.54 PLN 51.87 PLN 38
10Y Revenue Exit 22.29 PLN 29.83 PLN 38.67 PLN 36
10Y EBITDA Exit 33.00 PLN 49.06 PLN 68.34 PLN 37
10Y P/E Exit 25.64 PLN 35.22 PLN 45.50 PLN 35
Earnings-Based
Graham-Dodd 14.40 PLN 29.90 PLN 37.78 PLN 54
EPV 22.81 PLN 25.77 PLN 28.23 PLN 59
Multiples
P/E Multiple 31.76 PLN 42.35 PLN 52.94 PLN 63
P/S Multiple 21.70 PLN 28.94 PLN 36.17 PLN 58
P/B Multiple 27.00 PLN 36.00 PLN 45.00 PLN 55
EV/EBIT 41.75 PLN 55.28 PLN 68.81 PLN 53
EV/EBITDA 58.74 PLN 77.93 PLN 97.12 PLN 54
EV/Revenue 21.43 PLN 30.11 PLN 38.79 PLN 43
Asset-Based
NCAV (Graham) 9.03 PLN 12.10 PLN 18.05 PLN 50
Growth DCF
Growth DCF 24.92 PLN 31.71 PLN 39.65 PLN 80
Rev-Margin DCF 21.88 PLN 31.13 PLN 40.90 PLN 74
Economic Profit
Residual Income 15.61 PLN 17.46 PLN 26.40 PLN 76
ROIC Compounder 23.20 PLN 26.97 PLN 30.74 PLN 72
Growth Earnings
Growth-Adj P/E 23.30 PLN 33.29 PLN 43.28 PLN 68

Widest divergence: Multiples (36.00 PLN) versus Asset-Based (12.10 PLN). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 52.5M PLN
Revenue growth (YoY) +17.2%
Net margin 20.8%
Return on equity 13.0%
Free cash flow 11.8M PLN FY2025
P/E ratio 44.9
More key figures
Operating margin 22.1%
EPS (TTM) 2.18 PLN
Dividend yield 1.0%
EPS growth (YoY) +3,300%
Net cash 2.1M PLN FY2025

Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 82/100

Of which business quality 79 · Market factors (momentum, volatility) 81

Profitability 64
Margins and returns on capital today
Quality Growth 68
Are margins and returns improving?
Cashflow 85
Earnings quality: real cash, not paper profit
Fin. Strength 84
Balance sheet, leverage, solvency risk
Investment 93
Disciplined investing over empire-building
Low Volatility 59
Calm price path (market factor)
Momentum 92
Price trend over the last 3–12 months (market factor)
52W Momentum 87
Distance to the 52-week high (market factor)
Net Issuance 89
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

Cloud Technologies S.A. engages in the big data marketing and data monetization businesses. It operates through Data Monetization and Other segments. The company offers a data management platform (DMC) technology under the OnAudience.com brand that is used for collecting and processing data about Internet users worldwide.

Full company description

Cloud Technologies S.A. engages in the big data marketing and data monetization businesses. It operates through Data Monetization and Other segments. The company offers a data management platform (DMC) technology under the OnAudience.com brand that is used for collecting and processing data about Internet users worldwide. It also provides data-based solutions, including audience data used in online advertising and for AI training; and proprietary technology for data integration and management. The company was incorporated in 2011 and is headquartered in Warsaw, Poland.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Cloud Technologies S.A reported revenue of 50.7M PLN in FY2025 versus 55.1M PLN in FY2021, a compound −2.1%/yr. Reported net income was 9.3M PLN in FY2025, compounding +0.4%/yr from FY2021.

Growth Quality 55/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
50.7M PLN
Latest YoY
+7.9%
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.
+0.2%
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.
+0.2%
Avg. growth/yr (9Y) 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.
+0.5%
Revenue −2.1%/yr
FY21 55.1M PLN
FY22 50.4M PLN
FY23 54.7M PLN
FY24 47.0M PLN
FY25 50.7M PLN
Net income +0.4%/yr
FY21 9.1M PLN
FY22 12.8M PLN
FY23 8.8M PLN
FY24 13.1M PLN
FY25 9.3M PLN

CLD screens 61% overvalued. Compare with Microsoft Corporation →

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

Peer Group

Software - Infrastructure · 371 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 82 · Top 25%
Fair Value upside −61% · Below median
Return on equity (TTM) 13% · Above median
Return on assets 10% · Top 25%
Net margin (TTM) 21% · Top 25%
Operating margin (TTM) 22% · Top 25%
Revenue growth 17% · Above median
Dividend yield (TTM) 1.0% · Below median

Valuation Multiples vs Software - Infrastructure median · lower = cheaper

P/E (TTM) 44.9× · Pricier than median
P/B 1.46× · Cheaper than median
P/S (TTM) 2.19× · Pricier than median
P/FCF 9.8× · Pricier than median
EV/EBITDA 4.5× · 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 0 · sector 0
FUTURE 86 · sector 46
PAST 52 · sector 14
HEALTH 100 · sector 98
DIVIDEND 21 · sector 28

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

Insider activity: 40/100

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 Software - Infrastructure stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).

Stock Price Fair Value vs Fair Value
Microsoft Corporation MSFT $384.00 $274.17 -29%
Oracle Corporation ORAC C$9.08 C$2.94 -68%
Fortinet, Inc FTNT $160.78 $44.96 -72%
Synopsys, Inc 1SNPS €354.50 €93.61 -74%
Block, Inc XYZ A$114.53 A$70.69 -38%
CoreWeave, Inc CRWV $79.94 $44.89 -44%
Range Intelligent Computing Technology Group 300442 ¥71.60 ¥34.00 -53%
Oracle Financial Services Software Limited OFSS ₹11,651 ₹5,821 -50%
360 Security Technology Inc 601360 ¥9.64 ¥5.05 -48%
One97 Communications Limited PAYTM ₹1,342 ₹181.50 -86%

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Frequently asked questions

Is Cloud Technologies S.A (CLD) overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of 38.35 PLN versus a price of 99.00 PLN, about −61% (overvalued).
What is the fair value of CLD?
Our model-based fair value for Cloud Technologies S.A is 38.35 PLN (as of Jul 16, 2026), built from audited fundamentals. The current price is 99.00 PLN.
What is the quality score of CLD?
Cloud Technologies S.A has a Quality Score of 82/100. 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 Cloud Technologies S.A (CLD)?
Cloud Technologies S.A reported trailing-twelve-month revenue of about 52.5M PLN (latest available figure, as of Jul 16, 2026).
What is the net profit margin of CLD?
The net profit margin of Cloud Technologies S.A is about 20.8%, meaning it keeps roughly 20.8% 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.

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