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JWW Invest S.A (JWW) Fair Value & Analysis

Industrials · PL · Market cap 33.1M PLN

JI JWW Invest S.A JWW · WAR
Price3.20 PLN
Fair Value1.62 PLN
Upside-49.4%
Quality51/100
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Expensive Growth
Thin margins · 2.8% net margin
Low debt · negative free cash flow
4.32% dividend yield
Mixed vs. peers (7/12)
Narrow moat 34/100
Evidence: High Range 1.13 PLN – 2.09 PLN Share as image

Fair value as of: Jul 19, 2026

From 17 valuation models · updated 22 days ago

Fair value updated Jul 19, 2026, revised from 6.66 PLN to 1.62 PLN (−75.7%) since Jun 25, 2026. Share price +9.6% over the past month.

A solid business, but screening 49% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (2.09 PLN). The favourable scenario is already priced in.
  • Solid but not exceptional quality (51/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (1.13 PLN to 2.09 PLN) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

4.48 PLN 1.26 PLN Fair Value 1.62 PLN Oct 2020 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 1.26 PLN – 4.48 PLN · fair‑value band 1.13 PLN – 2.09 PLN · the 3.20 PLN price screens above the 1.62 PLN fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 19, 2026.

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Analysis

JWW Invest S.A (JWW) currently trades at 3.20 PLN, while our model-based Fair Value estimate is 1.62 PLN, implying the stock looks roughly 49.4% overvalued today. The Quality Score stands at 51/100 (solid quality), in the Industrials 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, JWW Invest S.A generated revenue of 150M PLN at a net margin of 2.6%. Revenue declined 14.7% year over year. It earns a return on equity of 9.9%. The balance sheet holds a net cash position of 2.2M PLN. Fundamentals as of Jul 19, 2026

Our scenario range runs from 1.13 PLN (bear case) to 2.09 PLN (bull case); at 3.20 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 11% below its 52-week high and 20% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -48% fair-value upside, at -49%, JWW 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
Residual Income 2.97 PLN 3.11 PLN 3.26 PLN 76
ROIC Compounder 2.88 PLN 3.12 PLN 3.31 PLN 72
Gordon GGM 0.9100 PLN 1.52 PLN 1.97 PLN 70
All 17 models by family
DCF Models
Owner Earnings 5.47 PLN 8.47 PLN 12.96 PLN 31
Earnings-Based
Graham-Dodd 2.35 PLN 11.93 PLN 16.48 PLN 54
Lynch FV 3.24 PLN 4.63 PLN 6.02 PLN 50
PEG = 1.0 3.24 PLN 4.63 PLN 6.02 PLN 46
EPV 2.88 PLN 3.12 PLN 3.31 PLN 59
Dividend Discount
Gordon GGM 0.9100 PLN 1.52 PLN 1.97 PLN 70
DDM Multi-Stage 0.9100 PLN 1.44 PLN 1.63 PLN 61
Multiples
P/E Multiple 5.45 PLN 7.26 PLN 9.08 PLN 63
P/S Multiple 4.41 PLN 5.88 PLN 7.35 PLN 58
P/B Multiple 4.41 PLN 5.88 PLN 7.35 PLN 55
EV/EBIT 5.91 PLN 7.59 PLN 9.27 PLN 53
EV/EBITDA 6.65 PLN 8.58 PLN 10.51 PLN 54
EV/Revenue 4.47 PLN 6.01 PLN 7.55 PLN 43
Asset-Based
NCAV (Graham) 1.93 PLN 2.58 PLN 3.85 PLN 50
Economic Profit
Residual Income 2.97 PLN 3.11 PLN 3.26 PLN 76
ROIC Compounder 2.88 PLN 3.12 PLN 3.31 PLN 72
Growth Earnings
Growth-Adj P/E 4.91 PLN 7.02 PLN 9.12 PLN 68

Widest divergence: DCF Models (8.47 PLN) versus Dividend Discount (1.44 PLN). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 153M PLN
Revenue growth (YoY) +9.8%
Net margin 2.8%
Return on equity 10.4%
Free cash flow −5.9M PLN FY2025
P/E ratio 8.1
More key figures
Operating margin -0.3%
EPS (TTM) 0.3700 PLN
Dividend yield 4.3%
EPS growth (YoY) +100%
Net cash 2.2M PLN FY2025

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

Quality Score breakdown

Overall quality 51/100

Of which business quality 51 · Market factors (momentum, volatility) 57

Profitability 60
Margins and returns on capital today
Quality Growth 48
Are margins and returns improving?
Cashflow 4
Earnings quality: real cash, not paper profit
Fin. Strength 74
Balance sheet, leverage, solvency risk
Investment 48
Disciplined investing over empire-building
Low Volatility 83
Calm price path (market factor)
Momentum 44
Price trend over the last 3–12 months (market factor)
52W Momentum 50
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

JWW Invest S.A. engages in the modernization and repair of energy equipment in Poland. The company provides commercial power engineering services, such as boiler supporting steel structures, assembly of boiler pressure parts, assembly of the mechanical range, assembly of auxiliary devices and components, installation of boiler and external pipelines, …

Full company description

JWW Invest S.A. engages in the modernization and repair of energy equipment in Poland. The company provides commercial power engineering services, such as boiler supporting steel structures, assembly of boiler pressure parts, assembly of the mechanical range, assembly of auxiliary devices and components, installation of boiler and external pipelines, repairs and installation of steam and water boilers, steam boiler service, and prefabrication of industrial and technological pipelines; and renovations and modernization services, including slag and ash removal, carburizing, water preparation and cooling system, exhaust gas circulation system, and repairs of ESP electrostatic precipitators, as well as air, oil, steam, and biomass installations. It is also involved in the provision of industrial energy services, such as assembly of steel structures, installation of technological equipment, assembly and repairs of high-pressure pipelines, production and assembly of auxiliary steel structures, and maintenance services; and other services, such as quality assurance, preparation and conduct of hydraulic pressure tests, annealing services, securing steel structures, painting steel structures, NDT services, tools, planning of works on industrial and energy facilities, precision CNC machining, and milling and turning of plastics and metals. JWW Invest S.A. was founded in 2012 and is headquartered in Katowice, Poland.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

JWW Invest S.A reported revenue of 150M PLN in FY2025 versus 76.7M PLN in FY2021, a compound +18.2%/yr. Reported net income was 3.8M PLN in FY2025, compounding +18.6%/yr from FY2021.

Growth Quality 58/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
150M PLN
Latest YoY
+10.1%
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.
+20.9%
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.
+24.2%
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.
+9.7%
Revenue +18.2%/yr
FY21 76.7M PLN
FY22 84.7M PLN
FY23 132M PLN
FY24 136M PLN
FY25 150M PLN
Net income +18.6%/yr
FY21 1.9M PLN
FY22 3.5M PLN
FY23 6.6M PLN
FY24 5.1M PLN
FY25 3.8M PLN
Character of growth · EPS growth decomposed (2014-2025) −2.0 % p.a.
Revenue per share +9.0 pp

of which total revenue +9.0 pp · buybacks/dilution +0.0 pp

EBIT margin −11.0 pp
Tax rate +0.8 pp
Residual (interest, one-offs) −0.7 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

JWW screens 49% overvalued. Compare with GE Vernova Inc →

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

Peer Group

Specialty Industrial Machinery · 808 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 −49% · Below median
Return on equity (TTM) 10% · Above median
Return on assets 2% · Below median
Net margin (TTM) 3% · Below median
Operating margin (TTM) -0% · Bottom 25%
Revenue growth 10% · Above median
Dividend yield (TTM) 4.3% · Top 25%

Valuation Multiples vs Specialty Industrial Machinery median · lower = cheaper

P/E (TTM) 8.1× · Cheaper than 75% of peers
P/B 0.21× · Cheaper than 75% of peers
P/S (TTM) 0.06× · 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 49 · sector 23
PAST 41 · sector 28
HEALTH 100 · sector 96
DIVIDEND 86 · sector 24

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 Specialty Industrial Machinery stocks, each showing price versus our Fair Value estimate (as of Jul 19, 2026).

Stock Price Fair Value vs Fair Value
GE Vernova Inc 1GEV €887.60 €186.93 -79%
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Doosan Enerbility Co 034020 76,400 KRW 7,938 KRW -90%
Vestas Wind Systems A/S VWS kr 178.10 kr 124.54 -30%
Zhejiang Sanhua Intelligent Controls Co 002050 ¥43.20 ¥22.68 -48%
NARI Technology Co 600406 ¥22.19 ¥18.71 -16%

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Frequently asked questions

Is JWW Invest S.A (JWW) overvalued or undervalued?
As of Jul 19, 2026, our model estimates a fair value of 1.62 PLN versus a price of 3.20 PLN, about −49% (overvalued).
What is the fair value of JWW?
Our model-based fair value for JWW Invest S.A is 1.62 PLN (as of Jul 19, 2026), built from audited fundamentals. The current price is 3.20 PLN.
What is the quality score of JWW?
JWW Invest S.A has a Quality Score of 51/100. 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 JWW Invest S.A (JWW)?
JWW Invest S.A reported trailing-twelve-month revenue of about 150M PLN (latest available figure, as of Jul 19, 2026).
What is the net profit margin of JWW?
The net profit margin of JWW Invest S.A is about 2.6%, meaning it keeps roughly 2.6% 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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