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Larq S.A (LRQ) Fair Value & Analysis

Communication Services · PL · Market cap 36.1M PLN

LS Larq S.A LRQ · WAR
Price2.68 PLN
Fair Value3.32 PLN
Upside+23.9%
Quality59/100
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Evidence: Medium Range 2.49 PLN – 4.15 PLN

Fair value as of: Jul 12, 2026

From 9 valuation models · updated today

Fair value updated Jul 12, 2026 — revised from 16.21 PLN to 3.32 PLN (−79.5%) since Jun 24, 2026. Share price +5.1% over the past month.

Price vs Fair Value (12 months)

2.82 PLN 1.62 PLN Fair Value 3.32 PLN Jul 2025 Jul 2026

12‑month range 1.62 PLN – 2.82 PLN · fair‑value band 2.49 PLN – 4.15 PLN · the 2.68 PLN price screens below the 3.32 PLN fair value. As of Jul 12, 2026.

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Analysis

Larq S.A (LRQ) currently trades at 2.68 PLN, while our model-based Fair Value estimate is 3.32 PLN — implying the stock looks roughly 23.9% undervalued today. We read business quality at 59/100 (solid quality), in the Communication 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: medium) — always confirm before acting.

Trailing-twelve-month revenue stands at 442K PLN. Revenue grew 144.4% year over year. It earns a return on equity of 19.4%. Net debt stands at 12.5M PLN. Fundamentals as of Jul 12, 2026

Our scenario range runs from 2.49 PLN (bear case) to 4.15 PLN (bull case); at 2.68 PLN, the current price sits within that range. The share trades near its 52-week high and 74% above its 52-week low, currently above its 200-day average. For context, the median of 10 Communication Services peers we cover trades at 12% fair-value upside — at 24%, LRQ screens cheaper than that median.

Key figures & financial health

Revenue (TTM) 286K PLN
Revenue growth (YoY) +3.2%
Net margin 3,979%
Return on equity 20.1%
Free cash flow −314K PLN FY2025
P/E ratio 3.7
More key figures
Operating margin -174%
EPS (TTM) 0.7200 PLN
EPS growth (YoY) +33.5%
Net debt 12.5M PLN FY2025

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

About the company

Larq S.A. provides custom outdoor advertising services in Poland. The company designs, produces, and implements marketing campaigns, which include out-of-home media, modern urban media systems, and event marketing; and operates advertising space in the underpasses. It is also involved in automating marketing and sales processes through SaaS for residential developers, car dealers, and online store operators. In addition, the company engages in the rental of investment properties and other fixed assets. The company was formerly known as CAM Media S.A. and changed its name to Larq S.A. in October 2015. Larq S.A. was incorporated in 2007 and is headquartered in Warsaw, Poland.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Larq S.A reported revenue of 442K PLN in FY2025 versus 325K PLN in FY2021, a compound +8.0%/yr. Reported net income was 11.4M PLN in FY2025.

Revenue +8.0%/yr
FY21 325K PLN
FY22 310K PLN
FY23 357K PLN
FY24 418K PLN
FY25 442K PLN
Net income
FY21 −8.5M PLN
FY22 −5.1M PLN
FY23 12.7M PLN
FY24 −6.1M PLN
FY25 11.4M PLN

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

Similar stocks

10 more Advertising Agencies stocks, each showing price versus our Fair Value estimate (as of Jul 12, 2026).

Stock Price Fair Value vs Fair Value
AppLovin Corporation APP $492.98 $253.58 -49%
Publicis Groupe S.A PGPEF $103.00 $166.23 +61%
Omnicom Group OMC $72.55 $124.48 +72%
Focus Media Information Technology Co 002027 ¥5.06 ¥4.08 -19%
The Trade Desk, Inc TT8 €17.05 €18.89 +11%
BlueFocus Intelligent Communications Group 300058 ¥13.81 ¥1.50 -89%
JCDecaux SE DEC €18.84 €20.52 +9%
Dentsu Group DNTUY $19.14 $44.72 +134%
CyberAgent, Inc CYGIY $3.81 $4.28 +12%
WPP plc W1PP34 R$17.98 R$38.64 +115%

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Frequently asked questions

Is Larq S.A (LRQ) undervalued?
As of Jul 12, 2026, our model estimates a fair value of 3.32 PLN versus a price of 2.68 PLN — about +24% (undervalued). Model-based estimate, not financial advice.
What is the fair value of LRQ?
Our model-based fair value for Larq S.A is 3.32 PLN (as of Jul 12, 2026), built from audited fundamentals. The current price is 2.68 PLN.
What is the quality score of LRQ?
Larq S.A has a Quality Score of 59/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Larq S.A (LRQ)?
Larq S.A reported trailing-twelve-month revenue of about 442K PLN (latest available figure, as of Jul 12, 2026).

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