MOSTOSTAL Płock SA (MSP) fair value: what the stock is really worth
As of Oct 15, 2026: fair value of MOSTOSTAL Płock SA PLN 31.51, price PLN 13.05, upside +141.5%, quality 67 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 3, 2026.
How to read this chart
60‑month range 7.96 PLN – 34.17 PLN · fair‑value band 26.27 PLN – 36.81 PLN · the 13.05 PLN price screens below the 31.51 PLN fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 2 fiscal years are left out: there the valuation rested on only a fraction of the usual models. Dashed = 300-day average. As of Oct 3, 2026.
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Mostostal Plock S.A. operates as a mechanical company in Poland. It engages in the production and assembly of storage tanks, prefabrication and assembly of industrial installations and pipelines.
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The company is also involved in the prefabrication and erection of industrial, sports halls and indoor swimming pools, general and industrial constructions elements, radio and television masts, bridge and sewage treatment plant structures, industrial apparatus subject to UDT approvals, grain silos, industrial furnaces, steel chimneys, columns, reactors with accessories, compressors and pumps, and other structures and devices.
In addition, it engages in the prefabrication and erection of storage tanks, including carbon steel tanks, stainless steel tanks, horizontal tanks, spherical tanks, and tanks with floating roof, as well as double shell and bottom tanks; and crane rental activities.
Further, the company is involved in the industry installation and workshop services. The company serves oil and gas sectors, as well as in the chemical, energy, and food industries. Mostostal Plock S.A. was founded in 1963 and is headquartered in Plock, Poland.
Stock analysis
MOSTOSTAL Płock SA (MSP) currently trades at 13.05 PLN, while our model-based Fair Value estimate is 31.51 PLN, implying the stock looks roughly 58.6% undervalued today.
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Valuation
Bull case: the Growth DCF group reads highest at a median of 51.30 PLN per share, and 20 of the 23 models we run sit above the 13.05 PLN price.
Bear case: the Asset-Based group reads lowest at 6.79 PLN, and 3 of the 23 models stay below the price. Data coverage for this calculation is medium.
Scenario range: 26.27 PLN (bear) to 36.81 PLN (bull), the price of 13.05 PLN sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 67/100 (solid quality), in the Industrials sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
MOSTOSTAL Płock SA reported revenue of 169M PLN in FY2025 versus 178M PLN in FY2021, a compound −1.3%/yr. Reported net income was 2.0M PLN in FY2025, compounding −43.0%/yr from FY2021.
Key figures
Market cap 26.1M PLN (≈ $6.7M) · P/E ratio 14.3 · P/S ratio 0.17 · EPS (TTM) 0.9100 PLN · Net margin 1.2% · Return on equity 12.6% · Return on assets (EBIT) 2.0% · Operating margin 4.6%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 39 out of 100 (low confidence).
What moves the price
The share trades about 19% below its 52-week high and 12% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −35% fair-value upside, at 141%, MSP screens cheaper than that median.
Fair Value models
Bear26.27 PLNFair Value 31.51 PLNBull36.81 PLN
Price 13.05 PLN · Upside +141.5%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (0.7205 PLN per share) are deliberately not added.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.85/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+48.4%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+2.7%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+11.8%
Start year 2020 (pandemic). Over 10 years: +6.0% a year
Revenue growth 18 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−0.5%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
−16.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year−16.9%
Dividend (yield on the price)0.0%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−16.9% vs 1.5%, slowing
Profit margin 2019 to 2024 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.5% → −7%
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−27.1%
The company could shrink this much every year for the next five years and today's price would still be justified.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Poland: IMF forecast 3.1% a year to 2030, 4.6% from 2016 to 2025) that is about −29.4% a year for the price.
Price, fair value, quality and upside side by side.
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Peer Groupⓘ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.Engineering & Construction · 794 stocks
Beats the industry median on 8/12 measures
Overall it ranks above its industry peers.
Valuation
Quality Score67 · Top 25%
Fair Value upside+141.5% · Top 25%
Profitability
Return on equity (12 months)12.6% · Above median
Return on assets2.4% · Below median
Net margin (12 months)1.7% · Below median
Operating margin (12 months)4.6% · Below median
Growth and dividend
Revenue growth−21.6% · Bottom 25%
Valuation Multiplesvs Engineering & Construction median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "MOSTOSTAL Płock SA Fair Value". https://www.fairvalue-calculator.com/stock/MSP
Frequently asked questions
Is MOSTOSTAL Płock SA (MSP) overvalued or undervalued?
As of Oct 3, 2026, our model estimates a fair value of 31.51 PLN versus a price of 13.05 PLN, about +141% upside (undervalued).
What is the fair value of MSP?
Our model-based fair value for MOSTOSTAL Płock SA is 31.51 PLN (as of Oct 3, 2026), built from audited fundamentals. The current price: 13.05 PLN.
What is the quality score of MSP?
MOSTOSTAL Płock SA has a Quality Score of 67/100. 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 price target for MOSTOSTAL Płock SA (MSP)?
Our model-based price target is the fair value of 31.51 PLN (as of Oct 3, 2026) from 23 valuation models. Cautious scenario 26.27 PLN, optimistic scenario 36.81 PLN. It is a calculation from audited fundamentals, not an analyst target.
What is the MOSTOSTAL Płock SA stock forecast for 2026?
Our models put fair value at 31.51 PLN, about +141% upside versus a price of 13.05 PLN (undervalued). Cautious scenario 26.27 PLN, optimistic scenario 36.81 PLN. The calculation is refreshed regularly with new filings.
What is the revenue of MOSTOSTAL Płock SA (MSP)?
MOSTOSTAL Płock SA reported trailing-twelve-month revenue of about 154M PLN (latest available figure, as of Oct 3, 2026).
What growth is priced into MOSTOSTAL Płock SA (MSP)?
For today's price to be fair in a discounted-cash-flow model, MOSTOSTAL Płock SA would have to grow free cash flow by -27.1 % per year for five years (discount rate 9.3 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +11.8 % per year. As of Oct 3, 2026.
What discount rate (WACC) does the fair value of MSP use?
Our models discount MOSTOSTAL Płock SA at 9.3 %: a base by market capitalisation (nano), damped by beta 0.22, country premium for Poland. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For MOSTOSTAL Płock SA that is -27.1 % per year a year over ten years, using the same discount rate (9.3 %) and the same formula as our fair value.
How much growth has MOSTOSTAL Płock SA (MSP) delivered so far?
Over the past 5 years revenue at MOSTOSTAL Płock SA grew +11.8 % a year. The price currently implies -27.1 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of MOSTOSTAL Płock SA (MSP) growing?
The median revenue growth in the sector is +7.5 % a year. That is the yardstick for the growth priced into MOSTOSTAL Płock SA (-27.1 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of MOSTOSTAL Płock SA (MSP)?
The free-cash-flow yield on the price is 38.50 %: that much free cash flow MOSTOSTAL Płock SA produces per unit of market value. When it exceeds the discount rate of our models (9.3 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of MOSTOSTAL Płock SA (MSP)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For MOSTOSTAL Płock SA it is 31.51 PLN per share (as of Oct 3, 2026), against a price of 13.05 PLN. It is the blended result of 23 valuation models (cash flow, earnings, asset, dividend).
Is MOSTOSTAL Płock SA stock overvalued or undervalued in 2026?
As of Oct 3, 2026, MSP trades below its calculated fair value: price 13.05 PLN, fair value 31.51 PLN, a gap of about +141% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of MSP?
No. The price is what the market pays today (13.05 PLN); the fair value is what the company's own numbers justify (31.51 PLN). For MOSTOSTAL Płock SA the two are 18.46 PLN per share apart. That gap is exactly why we show both numbers side by side.
How much is MOSTOSTAL Płock SA worth?
The market values MOSTOSTAL Płock SA at about 26.1M PLN (market capitalisation, as of Oct 3, 2026). Per share that is 13.05 PLN; our models calculate a fair value of 31.51 PLN per share.
What do the bullish and bearish scenarios say about MSP?
Our models span a range for MOSTOSTAL Płock SA: cautious scenario 26.27 PLN, base 31.51 PLN, optimistic 36.81 PLN per share (as of Oct 3, 2026, price 13.05 PLN). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of MSP?
MOSTOSTAL Płock SA trades at a price-to-earnings ratio of 14.3 (as of Oct 3, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 31.51 PLN is built from several models across several years. Median P/E at fiscal year-end, 5 fiscal years (2019 to 2025), reported earnings: 4.4. Other multiples: P/B 1.3, P/S 0.2, EV/EBITDA 4.2.
How solid is the balance sheet of MOSTOSTAL Płock SA (MSP)?
Balance-sheet figures for MOSTOSTAL Płock SA (as of Oct 3, 2026): return on equity 12.6%. They feed the Quality Score of 67/100, which measures business quality independently of the share price.
How far is MSP from its 52-week high?
MOSTOSTAL Płock SA trades at 13.05 PLN, about 19% below its 52-week high of 16.15 PLN and 12% above the low of 11.65 PLN (as of Oct 15, 2026). Distance from the high says nothing about value: that is what the fair value of 31.51 PLN is for.
Which stocks are comparable to MOSTOSTAL Płock SA?
From the same area (Industrials) we also value Quanta Services, Inc, Vinci SA, Comfort Systems USA, Inc, Larsen & Toubro Limited, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is MOSTOSTAL Płock SA stock attractive at the current price?
The data as of Oct 3, 2026: price 13.05 PLN, calculated fair value 31.51 PLN (+141%), Quality Score 67/100, from 23 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of MSP calculated?
We run MOSTOSTAL Płock SA through 23 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 31.51 PLN, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.8 % above its aggregate fair value. MOSTOSTAL Płock SA currently trades 59 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of MOSTOSTAL Płock SA (MSP)?
The closing price on Oct 15, 2026 was 13.05 PLN. Our model-based fair value is 31.51 PLN, about +141% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with MOSTOSTAL Płock SA right now?
The price is below even our cautious bear case (26.27 PLN). The market is more pessimistic than our downside scenario. Solid quality (67/100) at a price below fair value, the discount is the argument here, not the business quality.
Key figures of MOSTOSTAL Płock SA
How large is the market capitalisation of MOSTOSTAL Płock SA (MSP)?
The market capitalisation of MOSTOSTAL Płock SA is 26.1M PLN (≈ $6.7M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of MOSTOSTAL Płock SA (MSP)?
The price-to-sales ratio of MOSTOSTAL Płock SA is 0.17 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of MOSTOSTAL Płock SA (MSP)?
Earnings per share at MOSTOSTAL Płock SA are 0.9100 PLN (price ÷ EPS = P/E 14.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of MOSTOSTAL Płock SA (MSP)?
The net margin of MOSTOSTAL Płock SA is 1.2% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of MOSTOSTAL Płock SA (MSP)?
The return on equity (ROE) of MOSTOSTAL Płock SA is 12.6% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of MOSTOSTAL Płock SA (MSP)?
On an EBIT basis the return on assets of MOSTOSTAL Płock SA is 2.0% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of MOSTOSTAL Płock SA (MSP)?
The operating margin of MOSTOSTAL Płock SA is 4.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at MOSTOSTAL Płock SA (MSP)?
Revenue at MOSTOSTAL Płock SA is growing −21.6% versus a year earlier (3y avg +2.7%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at MOSTOSTAL Płock SA (MSP)?
Earnings per share at MOSTOSTAL Płock SA are growing +164% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does MOSTOSTAL Płock SA (MSP) carry?
The net debt of MOSTOSTAL Płock SA is 3.3M PLN (fiscal year 2025, ≈ 0.3 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Some data
Oct 3, 2026