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Fabryki Mebli FORTE S.A (FTE) Fair Value & Analysis

Consumer Cyclical · PL · Market cap 449M PLN

FM Fabryki Mebli FORTE S.A FTE · WAR
Price18.95 PLN
Fair Value43.71 PLN
Upside+130.7%
Quality92/100
Evidence: High Range 30.26 PLN – 57.15 PLN

Fair value as of: Jun 25, 2026

From 25 valuation models · updated 4 days ago

Fair value updated Jun 25, 2026 — revised from 45.66 PLN to 43.71 PLN (−4.3%) since Jun 24, 2026. Share price −6.5% over the past month.

Price vs Fair Value (12 months)

33.97 PLN 18.95 PLN Fair Value 43.71 PLN Jun 2025 Jun 2026

12‑month range 18.95 PLN – 33.97 PLN · fair‑value band 30.26 PLN – 57.15 PLN · the 18.95 PLN price screens below the 43.71 PLN fair value. As of Jun 25, 2026.

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Analysis

Fabryki Mebli FORTE S.A (FTE) currently trades at 18.95 PLN, while our model-based Fair Value estimate is 43.71 PLN — implying the stock looks roughly 130.7% undervalued today. We read business quality at 92/100 (high quality), in the Consumer Cyclical 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, Fabryki Mebli FORTE S.A generated revenue of 1.2B PLN at a net margin of 6.9%. Revenue grew 5.0% year over year. It earns a return on equity of 8.8%. Net debt stands at 241M PLN. Fundamentals as of Jun 25, 2026

Key figures & financial health

Revenue (TTM) 1.2B PLN
Revenue growth (YoY) +5.0%
Net margin 6.9%
Return on equity 8.8%
Free cash flow 99.1M PLN FY2024
P/E ratio 5.5
More key figures
Operating margin 3.9%
EPS (TTM) 3.40 PLN
EPS growth (YoY) -59.8%
Net debt 241M PLN FY2024

Figures from reported company fundamentals (EODHD) · as of Jun 25, 2026. TTM = trailing twelve months.

About the company

Fabryki Mebli FORTE S.A. designs, manufactures, and exports furniture worldwide. It offers furniture for living room, dining room, bedroom, children's room, hallway, and study. The company was founded in 1992 and is based in Ostrow Mazowiecka, Poland.

Revenue & earnings trend

FY2020 – FY2024 · reported fiscal years

Fabryki Mebli FORTE S.A reported revenue of 1.1B PLN in FY2024 versus 1.2B PLN in FY2020, a compound −1.3%/yr. Reported net income was 50.2M PLN in FY2024, compounding +0.3%/yr from FY2020.

Revenue −1.3%/yr
FY20 1.2B PLN
FY21 1.3B PLN
FY22 1.3B PLN
FY23 1.0B PLN
FY24 1.1B PLN
Net income +0.3%/yr
FY20 49.6M PLN
FY21 111M PLN
FY22 89.5M PLN
FY23 −60.6M PLN
FY24 50.2M PLN

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Similar stocks

6 more Furnishings, Fixtures & Appliances stocks, each showing price versus our Fair Value estimate (as of Jun 25, 2026).

Stock Price Fair Value vs Fair Value
Midea Group 000333 ¥81.69 ¥128.24 +57%
Haier Smart Home Co QIHCF $2.42 $4.20 +74%
Gree Electric Appliances, Inc 000651 ¥38.20 ¥86.03 +125%
Guangdong Songfa Ceramics Co 603268 ¥142.09 ¥52.95 -63%
SharkNinja, Inc SN $128.22 $78.04 -39%
King Slide Works Co 2059 6,400 TWD 3,425 TWD -46%

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Frequently asked questions

Is Fabryki Mebli FORTE S.A (FTE) undervalued?
As of Jun 25, 2026, our model estimates a fair value of 43.71 PLN versus a price of 18.95 PLN — about +131% (undervalued). Model-based estimate, not financial advice.
What is the fair value of FTE?
Our 21-model fair value for Fabryki Mebli FORTE S.A is 43.71 PLN (as of Jun 25, 2026), built from audited fundamentals. The current price is 18.95 PLN.
What is the quality score of FTE?
Fabryki Mebli FORTE 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 Fabryki Mebli FORTE S.A (FTE)?
Fabryki Mebli FORTE S.A reported trailing-twelve-month revenue of about 1.2B PLN (latest available figure, as of Jun 25, 2026).
What is the net profit margin of FTE?
The net profit margin of Fabryki Mebli FORTE S.A is about 6.9%, meaning it keeps roughly 6.9% 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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.