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Europejskie Centrum Odszkodowan S.A (EUC) Fair Value & Analysis

Financial Services · PL · Market cap 2.9M PLN

EC Europejskie Centrum Odszkodowan S.A EUC · WAR
Price0.5100 PLN
Fair Value0.6115 PLN
Upside+19.9%
Quality55/100
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Weak Growth
Highly profitable · 84.4% net margin
Negative equity (buybacks among others) · negative free cash flow
Ranks above peers (7/11)
Narrow moat 42/100
Evidence: High Range 0.4586 PLN – 0.7674 PLN Share as image

Fair value as of: Jul 12, 2026

From 12 valuation models · updated 29 days ago

Fair value updated Jul 12, 2026, revised from 0.5515 PLN to 0.6115 PLN (+10.9%) since Jun 26, 2026.

A solid business, screening 20% undervalued on our models.

What matters now

  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
  • Our model range runs from 0.4586 PLN (bear) to 0.7674 PLN (bull), base 0.6115 PLN. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 55/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

8.10 PLN 0.4060 PLN Fair Value 0.6115 PLN Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 12, 2026.

How to read this chart

60‑month range 0.4060 PLN – 8.10 PLN · fair‑value band 0.4586 PLN – 0.7674 PLN · the 0.5100 PLN price screens below the 0.6115 PLN fair value. Dashed = 300-day average. As of Jul 12, 2026.

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Analysis

Europejskie Centrum Odszkodowan S.A (EUC) currently trades at 0.5100 PLN, while our model-based Fair Value estimate is 0.6115 PLN, implying the stock looks roughly 19.9% undervalued today. The Quality Score stands at 55/100 (solid quality), in the Financial Services 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: high), always confirm before acting.

Over the trailing twelve months, Europejskie Centrum Odszkodowan S.A generated revenue of 15.5M PLN at a net margin of 84.4%. Revenue grew 0.5% year over year. It earns a return on equity of -54.9%. Net debt stands at 23.2M PLN. Fundamentals as of Jul 12, 2026

Our scenario range runs from 0.4586 PLN (bear case) to 0.7674 PLN (bull case); at 0.5100 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. For context, the median of 10 Financial Services peers we cover trades at -38% fair-value upside, at 20%, EUC 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
ROIC Compounder 8.88 PLN 10.34 PLN 11.52 PLN 72
Growth-Adj P/E 51.41 PLN 73.45 PLN 95.48 PLN 68
P/E Multiple 17.75 PLN 23.67 PLN 29.59 PLN 63
All 12 models by family
DCF Models
Owner Earnings 18.18 PLN 38.84 PLN 74.90 PLN 31
Earnings-Based
Graham-Dodd 12.38 PLN 86.34 PLN 121.17 PLN 54
Lynch FV 44.61 PLN 63.73 PLN 82.84 PLN 50
PEG = 1.0 44.61 PLN 63.73 PLN 82.84 PLN 46
EPV 8.88 PLN 10.34 PLN 11.52 PLN 59
Multiples
P/E Multiple 17.75 PLN 23.67 PLN 29.59 PLN 63
P/S Multiple 4.46 PLN 5.95 PLN 7.43 PLN 58
EV/EBIT 13.73 PLN 19.39 PLN 25.04 PLN 53
EV/EBITDA 11.89 PLN 16.94 PLN 21.98 PLN 54
EV/Revenue 0.0900 PLN 1.52 PLN 2.95 PLN 43
Economic Profit
ROIC Compounder 8.88 PLN 10.34 PLN 11.52 PLN 72
Growth Earnings
Growth-Adj P/E 51.41 PLN 73.45 PLN 95.48 PLN 68

Widest divergence: Growth Earnings (73.45 PLN) versus Economic Profit (10.34 PLN). Highest evidence: ROIC Compounder (72).

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Key figures & financial health

Revenue (TTM) 15.5M PLN
Revenue growth (YoY) +0.5%
Net margin 84.4%
Return on equity -54.9%
Free cash flow −609K PLN FY2024
P/E ratio 0.2
More key figures
Operating margin -6.7%
EPS (TTM) 2.34 PLN
EPS growth (YoY) +133%
Net debt 23.2M PLN FY2024

Figures from reported company fundamentals · as of Jul 12, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 55/100

Of which business quality 46 · Market factors (momentum, volatility) 8

Profitability 70
Margins and returns on capital today
Quality Growth 46
Are margins and returns improving?
Cashflow 3
Earnings quality: real cash, not paper profit
Fin. Strength 10
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 0
Calm price path (market factor)
Momentum 17
Price trend over the last 3–12 months (market factor)
52W Momentum 1
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

Europejskie Centrum Odszkodowan S.A. engages in the provision of legal and financial assistance to people injured in accidents and their relatives in obtaining compensation from insurance companies in Poland, the Czech Republic, Slovakia, Hungary, and Romania. The company was founded in 2004 and is headquartered in Legnica, Poland.

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

Revenue & earnings trend

FY2020 – FY2024 · reported fiscal years

Europejskie Centrum Odszkodowan S.A reported revenue of 13.3M PLN in FY2024 versus 59.9M PLN in FY2020, a compound −31.3%/yr. Reported net income was 10.2M PLN in FY2024, compounding +10.4%/yr from FY2020.

Growth Quality 11/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2024)
13.3M PLN
Latest YoY
−34.2%
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.
−33.4%
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.
−29.2%
Avg. growth/yr (13Y) 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.
−7.1%
Revenue −31.3%/yr
FY20 59.9M PLN
FY21 45.1M PLN
FY22 1.4M PLN
FY23 20.3M PLN
FY24 13.3M PLN
Net income +10.4%/yr
FY20 6.9M PLN
FY21 −20.1M PLN
FY22 −105M PLN
FY23 −4.1M PLN
FY24 10.2M PLN

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Cite: Fair Value Calculator (2026). "Europejskie Centrum Odszkodowan S.A Fair Value". https://www.fairvalue-calculator.com/stock/EUC

Peer Group

Insurance Brokers · 35 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 51 · Below median
Fair Value upside +20% · Above median
Return on assets 57% · Top 25%
Net margin (TTM) 84% · Top 25%
Operating margin (TTM) -7% · Bottom 25%
Revenue growth 1% · Bottom 25%

Valuation Multiples vs Insurance Brokers median · lower = cheaper

P/E (TTM) 0.2× · Cheaper than 75% of peers
P/S (TTM) 0.05× · Cheaper than 75% of peers
EV/EBITDA 1.4× · 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 59 · sector 0
FUTURE 3 · sector 59
PAST 0 · sector 60
HEALTH 100 · sector 88
DIVIDEND 0 · sector 50

PAST 0: with negative equity (buybacks among others) return on equity is not meaningfully computable.

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 Insurance Brokers stocks, each showing price versus our Fair Value estimate (as of Jul 12, 2026).

Stock Price Fair Value vs Fair Value
Marsh & McLennan Companies, Inc MRSH $182.18 $112.25 -38%
Aon plc AON $367.21 $224.91 -39%
Arthur J. Gallagher & Co AJG $253.09 $75.58 -70%
Willis Towers Watson Public Limited WTW $285.12 $220.92 -23%
Brown & Brown, Inc BRO $67.66 $40.43 -40%
Erie Indemnity Company ERIE $227.31 $157.43 -31%
PB Fintech Limited POLICYBZR ₹1,574 ₹188.49 -88%
Neptune Insurance Holdings NP $31.03 $3.52 -89%
CorVel Corporation CRVL $62.29 $47.59 -24%
Accelerant Holdings ARX $13.52 $18.06 +34%

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Frequently asked questions

Is Europejskie Centrum Odszkodowan S.A (EUC) overvalued or undervalued?
As of Jul 12, 2026, our model estimates a fair value of 0.6115 PLN versus a price of 0.5100 PLN, about +20% (undervalued).
What is the fair value of EUC?
Our model-based fair value for Europejskie Centrum Odszkodowan S.A is 0.6115 PLN (as of Jul 12, 2026), built from audited fundamentals. The current price is 0.5100 PLN.
What is the quality score of EUC?
Europejskie Centrum Odszkodowan S.A has a Quality Score of 55/100. 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 Europejskie Centrum Odszkodowan S.A (EUC)?
Europejskie Centrum Odszkodowan S.A reported trailing-twelve-month revenue of about 15.5M PLN (latest available figure, as of Jul 12, 2026).
What is the net profit margin of EUC?
The net profit margin of Europejskie Centrum Odszkodowan S.A is about 84.4%, meaning it keeps roughly 84.4% 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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