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Komputronik S.A (KOM) Fair Value & Analysis

Technology · PL · Market cap 64.6M PLN

KS Komputronik S.A KOM · WAR
Price5.85 PLN
Fair Value1.33 PLN
Upside-77.3%
Quality53/100
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Healthy Growth
Thin margins · 0.2% net margin
Low debt · generates free cash flow
Trails peers (4/12)
Narrow moat 16/100
Evidence: High Range 0.8500 PLN – 1.41 PLN Share as image

Fair value as of: Jul 16, 2026

From 23 valuation models · updated 25 days ago

Fair value updated Jul 16, 2026, revised from 66.75 PLN to 1.33 PLN (−98.0%) since Jun 24, 2026. Share price −0.5% over the past month.

A solid business, but screening 77% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (1.41 PLN). The favourable scenario is already priced in.
  • Solid but not exceptional quality (53/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

9.00 PLN 2.92 PLN Fair Value 1.33 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 2.92 PLN – 9.00 PLN · fair‑value band 0.8500 PLN – 1.41 PLN · the 5.85 PLN price screens above the 1.33 PLN fair value. Dashed = 300-day average. As of Jul 16, 2026.

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Analysis

Komputronik S.A (KOM) currently trades at 5.85 PLN, while our model-based Fair Value estimate is 1.33 PLN, implying the stock looks roughly 77.3% overvalued today. The Quality Score stands at 53/100 (solid 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, Komputronik S.A generated revenue of 1.8B PLN at a net margin of -0.2%. Revenue grew 2.6% year over year. It earns a return on equity of -1.4%. Net debt stands at 74.9M PLN. Fundamentals as of Jul 16, 2026

Our scenario range runs from 0.8500 PLN (bear case) to 1.41 PLN (bull case); at 5.85 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 26% below its 52-week high and 20% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -18% fair-value upside, at -77%, KOM 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 5.79 PLN 6.87 PLN 8.31 PLN 80
Residual Income 14.12 PLN 12.44 PLN 7.92 PLN 76
ROIC Compounder 9.89 PLN 10.95 PLN 11.81 PLN 72
All 23 models by family
DCF Models
FCF DCF 5.71 PLN 6.87 PLN 8.51 PLN 38
Owner Earnings 13.85 PLN 17.02 PLN 21.52 PLN 31
5Y Revenue Exit 9.80 PLN 14.69 PLN 21.29 PLN 39
5Y EBITDA Exit 17.62 PLN 28.12 PLN 40.98 PLN 41
5Y P/E Exit 5.22 PLN 6.80 PLN 8.53 PLN 38
10Y Revenue Exit 7.57 PLN 11.09 PLN 15.28 PLN 36
10Y EBITDA Exit 11.96 PLN 18.72 PLN 26.74 PLN 37
10Y P/E Exit 5.41 PLN 6.61 PLN 7.85 PLN 35
Earnings-Based
Graham-Dodd 1.96 PLN 3.67 PLN 4.56 PLN 54
EPV 9.89 PLN 10.95 PLN 11.81 PLN 59
Dividend Discount
Gordon GGM 0.1400 PLN 0.1800 PLN 0.2100 PLN 70
DDM Multi-Stage 0.1400 PLN 0.1800 PLN 0.2200 PLN 61
Multiples
P/E Multiple 4.32 PLN 5.76 PLN 7.20 PLN 63
P/S Multiple 3.67 PLN 4.90 PLN 6.12 PLN 58
P/B Multiple 3.67 PLN 4.90 PLN 6.12 PLN 55
EV/EBIT 20.68 PLN 27.22 PLN 33.77 PLN 53
EV/EBITDA 32.01 PLN 42.33 PLN 52.65 PLN 54
EV/Revenue 14.28 PLN 19.95 PLN 25.62 PLN 43
Asset-Based
NCAV (Graham) 11.50 PLN 15.41 PLN 23.00 PLN 50
Growth DCF
Growth DCF 5.79 PLN 6.87 PLN 8.31 PLN 80
Economic Profit
Residual Income 14.12 PLN 12.44 PLN 7.92 PLN 76
ROIC Compounder 9.89 PLN 10.95 PLN 11.81 PLN 72
Growth Earnings
Growth-Adj P/E 3.09 PLN 4.41 PLN 5.74 PLN 68

Widest divergence: Asset-Based (15.41 PLN) versus Dividend Discount (0.1800 PLN). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 1.7B PLN
Revenue growth (YoY) -1.7%
Net margin 0.2%
Return on equity 1.3%
Free cash flow 6.6M PLN FY2025
P/E ratio 20.0
More key figures
Operating margin 0.9%
EPS (TTM) 0.3000 PLN
EPS growth (YoY) +153%
Net debt 74.9M PLN FY2025

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

Quality Score breakdown

Overall quality 53/100

Of which business quality 54 · Market factors (momentum, volatility) 46

Profitability 47
Margins and returns on capital today
Quality Growth 48
Are margins and returns improving?
Cashflow 46
Earnings quality: real cash, not paper profit
Fin. Strength 57
Balance sheet, leverage, solvency risk
Investment 97
Disciplined investing over empire-building
Low Volatility 70
Calm price path (market factor)
Momentum 35
Price trend over the last 3–12 months (market factor)
52W Momentum 38
Distance to the 52-week high (market factor)
Net Issuance 44
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

Komputronik S.A. distributes IT equipment, consumer electronics, household appliances, and software under the Komputronik brand name in Poland. It offers IT and Mobile equipment, including computers, laptops, tablets, GSM, computer components, and peripherals. The company also provides home and garden products.

Full company description

Komputronik S.A. distributes IT equipment, consumer electronics, household appliances, and software under the Komputronik brand name in Poland. It offers IT and Mobile equipment, including computers, laptops, tablets, GSM, computer components, and peripherals. The company also provides home and garden products. In addition, it offers computer hardware and peripherals and IT and implementation services. Komputronik S.A. was founded in 1996 and is headquartered in Poznan, Poland.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Komputronik S.A reported revenue of 1.7B PLN in FY2025 versus 1.8B PLN in FY2021, a compound −0.4%/yr. Reported net income was 3.1M PLN in FY2025, compounding −32.1%/yr from FY2021.

Growth Quality 62/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
1.7B PLN
Latest YoY
+2.8%
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.
−2.0%
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.
+3.4%
Avg. growth/yr (17Y) 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.
+5.0%
Revenue −0.4%/yr
FY21 1.8B PLN
FY22 1.9B PLN
FY23 1.6B PLN
FY24 1.7B PLN
FY25 1.7B PLN
Net income −32.1%/yr
FY21 14.6M PLN
FY22 151M PLN
FY23 −4.5M PLN
FY24 −15.9M PLN
FY25 3.1M PLN

KOM screens 77% overvalued. Compare with TD SYNNEX Corporation →

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

Peer Group

Electronics & Computer Distribution · 151 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 53 · Above median
Fair Value upside −77% · Bottom 25%
Return on equity (TTM) 1% · Bottom 25%
Return on assets 1% · Bottom 25%
Net margin (TTM) 0% · Bottom 25%
Operating margin (TTM) 1% · Bottom 25%
Revenue growth -2% · Bottom 25%

Valuation Multiples vs Electronics & Computer Distribution median · lower = cheaper

P/E (TTM) 20.0× · Pricier than median
P/B 0.07× · Cheaper than 75% of peers
P/S (TTM) 0.01× · Cheaper than 75% of peers
P/FCF 2.6× · Pricier 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 0 · sector 14
FUTURE 0 · sector 57
PAST 5 · sector 36
HEALTH 100 · sector 98
DIVIDEND 0 · sector 39

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 Electronics & Computer Distribution stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).

Stock Price Fair Value vs Fair Value
TD SYNNEX Corporation SNX $251.52 $207.02 -18%
Unisplendour Corporation 000938 ¥38.59 ¥11.79 -69%
Rexel S.A RXL €38.59 €33.31 -14%
Arrow Electronics, Inc ARW $204.10 $115.40 -43%
Avnet, Inc AVT $87.13 $58.57 -33%
WPG Holdings 3702 106.50 TWD 102.31 TWD -4%
Shenzhen Huaqiang Industry Co 000062 ¥22.37 ¥7.52 -66%
Synnex Technology International Corporation 2347 85.30 TWD 86.30 TWD +1%
Nanjing Sunlord Electronics Corporation 300975 ¥37.37 ¥8.60 -77%
Insight Enterprises, Inc NSIT $114.65 $104.19 -9%

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Frequently asked questions

Is Komputronik S.A (KOM) overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of 1.33 PLN versus a price of 5.85 PLN, about −77% (overvalued).
What is the fair value of KOM?
Our model-based fair value for Komputronik S.A is 1.33 PLN (as of Jul 16, 2026), built from audited fundamentals. The current price is 5.85 PLN.
What is the quality score of KOM?
Komputronik S.A has a Quality Score of 53/100. 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 Komputronik S.A (KOM)?
Komputronik S.A reported trailing-twelve-month revenue of about 1.8B PLN (latest available figure, as of Jul 16, 2026).
What is the net profit margin of KOM?
The net profit margin of Komputronik S.A is about -0.2%, 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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