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Czerwona Torebka Spólka Akcyjna (CZT) Fair Value & Analysis

Real Estate · PL · Market cap 48.0M PLN

CT Czerwona Torebka Spólka Akcyjna CZT · WAR
Price0.8600 PLN
Fair Value1.60 PLN
Upside+86.1%
Quality52/100
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Mixed Growth
Loss-making · -31.8% net margin
Low debt · negative free cash flow
Ranks above peers (6/10)
Narrow moat 14/100
Evidence: Low Range 0.7270 PLN – 2.71 PLN Share as image

Fair value as of: Jul 17, 2026

From 3 valuation models · updated 24 days ago

Fair value updated Jul 17, 2026, revised from 0.5951 PLN to 1.60 PLN (+168.9%) since Jun 26, 2026. Share price +16.2% over the past month.

A solid business, screening 86% undervalued on our models.

What matters now

  • The model range is unusually wide (0.7270 PLN to 2.71 PLN). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • Solid quality (52/100) at a price below fair value, the discount is the argument here, not the business quality.
  • As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
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Price vs Fair Value (5 years)

1.16 PLN 0.2500 PLN Fair Value 1.60 PLN Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 17, 2026.

How to read this chart

60‑month range 0.2500 PLN – 1.16 PLN · fair‑value band 0.7270 PLN – 2.71 PLN · the 0.8600 PLN price screens below the 1.60 PLN fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 17, 2026.

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Analysis

Czerwona Torebka Spólka Akcyjna (CZT) currently trades at 0.8600 PLN, while our model-based Fair Value estimate is 1.60 PLN, implying the stock looks roughly 86.1% undervalued today. The Quality Score stands at 52/100 (solid quality), in the Real Estate 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: low), always confirm before acting.

Over the trailing twelve months, Czerwona Torebka Spólka Akcyjna generated revenue of 20.6M PLN at a net margin of -53.8%. Revenue grew 104.0% year over year. It earns a return on equity of -13.2%. Net debt stands at 4.3M PLN. Fundamentals as of Jul 17, 2026

Our scenario range runs from 0.7270 PLN (bear case) to 2.71 PLN (bull case); at 0.8600 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 near its 52-week high and 244% above its 52-week low, currently above its 200-day average. For context, the median of 10 Real Estate peers we cover trades at 32% fair-value upside, at 86%, CZT 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
Gordon GGM 3.88 PLN 6.49 PLN 8.42 PLN 70
DDM Multi-Stage 3.88 PLN 6.16 PLN 6.98 PLN 61
NCAV (Graham) 0.5900 PLN 0.8000 PLN 1.19 PLN 50
All 3 models by family
Dividend Discount
Gordon GGM 3.88 PLN 6.49 PLN 8.42 PLN 70
DDM Multi-Stage 3.88 PLN 6.16 PLN 6.98 PLN 61
Asset-Based
NCAV (Graham) 0.5900 PLN 0.8000 PLN 1.19 PLN 50

Widest divergence: Dividend Discount (6.16 PLN) versus Asset-Based (0.8000 PLN). Highest evidence: Gordon GGM (70).

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Key figures & financial health

Revenue (TTM) 37.4M PLN
Revenue growth (YoY) +16.9%
Net margin -31.8%
Return on equity -13.8%
Free cash flow −9.9M PLN FY2025
Operating margin 6.1%
More key figures
EPS (TTM) -0.1600 PLN
EPS growth (YoY) -87.5%
Net debt 4.3M PLN FY2025

Figures from reported company fundamentals · as of Jul 17, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 52/100

Of which business quality 51 · Market factors (momentum, volatility) 80

Profitability 1
Margins and returns on capital today
Quality Growth 93
Are margins and returns improving?
Cashflow 26
Earnings quality: real cash, not paper profit
Fin. Strength 55
Balance sheet, leverage, solvency risk
Investment 92
Disciplined investing over empire-building
Low Volatility 48
Calm price path (market factor)
Momentum 100
Price trend over the last 3–12 months (market factor)
52W Momentum 84
Distance to the 52-week high (market factor)
Net Issuance 82
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

Czerwona Torebka Spólka Akcyjna engages in real estate activities in Poland. It is also involved in other consultancy in the field of business and management; and real estate brokerage. The company was incorporated in 2007 and is headquartered in Poznan, Poland.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Czerwona Torebka Spólka Akcyjna reported revenue of 36.0M PLN in FY2025 versus 23.6M PLN in FY2021, a compound +11.2%/yr. Reported net income was −17.0M PLN in FY2025.

Growth Quality 36/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
36.0M PLN
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.
+70.0%
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.
+42.5%
Avg. growth/yr (14Y) 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.
−6.6%
Revenue +11.2%/yr
FY21 23.6M PLN
FY22 7.3M PLN
FY23 14.5M PLN
FY24 3.9M PLN
FY25 36.0M PLN
Net income
FY21 25.2M PLN
FY22 −19.9M PLN
FY23 −15.2M PLN
FY24 −16.3M PLN
FY25 −17.0M PLN

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Cite: Fair Value Calculator (2026). "Czerwona Torebka Spólka Akcyjna Fair Value". https://www.fairvalue-calculator.com/stock/CZT

Peer Group

Real Estate - Development · 588 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 54 · Above median
Fair Value upside +86% · Top 25%
Return on assets -3% · Bottom 25%
Net margin (TTM) -32% · Bottom 25%
Operating margin (TTM) 6% · Below median
Revenue growth 17% · Above median
Debt / equity 0.29× · Lower than median

Valuation Multiples vs Real Estate - Development median · lower = cheaper

P/B 0.14× · Cheaper than 75% of peers
P/S (TTM) 0.35× · Cheaper than median

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 100 · sector 48
FUTURE 85 · sector 0
PAST 0 · sector 10
HEALTH 85 · sector 84
DIVIDEND 0 · sector 38

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 Real Estate - Development stocks, each showing price versus our Fair Value estimate (as of Jul 17, 2026).

Stock Price Fair Value vs Fair Value
DLF Limited DLF ₹657.75 ₹159.49 -76%
Lodha Developers Limited LODHA ₹1,188 ₹583.43 -51%
PT Pantai Indah Kapuk Dua Tbk, PANI 6,125 IDR 1,330 IDR -78%
Oberoi Realty Limited OBEROIRLTY ₹1,925 ₹1,183 -39%
Godrej Properties Limited GODREJPROP ₹2,102 ₹1,044 -50%
PT Jaya Real Property, Tbk., JRPT 1,080 IDR 1,674 IDR +55%
PT Bumi Serpong Damai Tbk, BSDE 555.00 IDR 1,388 IDR +150%
PT Sentul City Tbk, BKSL 64.00 IDR 84.16 IDR +32%
PT Ciputra Development Tbk, CTRA 555.00 IDR 1,388 IDR +150%
PT Duta Pertiwi Tbk DUTI 4,100 IDR 6,239 IDR +52%

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Frequently asked questions

Is Czerwona Torebka Spólka Akcyjna (CZT) overvalued or undervalued?
As of Jul 17, 2026, our model estimates a fair value of 1.60 PLN versus a price of 0.8600 PLN, about +86% (undervalued).
What is the fair value of CZT?
Our model-based fair value for Czerwona Torebka Spólka Akcyjna is 1.60 PLN (as of Jul 17, 2026), built from audited fundamentals. The current price is 0.8600 PLN.
What is the quality score of CZT?
Czerwona Torebka Spólka Akcyjna has a Quality Score of 52/100. 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 Czerwona Torebka Spólka Akcyjna (CZT)?
Czerwona Torebka Spólka Akcyjna reported trailing-twelve-month revenue of about 20.6M PLN (latest available figure, as of Jul 17, 2026).
What is the net profit margin of CZT?
The net profit margin of Czerwona Torebka Spólka Akcyjna is about -53.8%, 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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