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Odlewnie Polskie SA (ODL) Fair Value & Analysis

Industrials · PL · Market cap 412M PLN

OP Odlewnie Polskie SA ODL · WAR
Price19.30 PLN
Fair Value16.73 PLN
Upside-13.3%
Quality55/100
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Strengths

Ranks above peers (12/13)

Risks

!Trades 13% ABOVE our fair value of 16.73 PLN
!Expensive Growth
!Thin margins · 8.9% net margin
!Low debt · negative free cash flow
Expensive Growth
Thin margins · 8.9% net margin
Low debt · negative free cash flow
2.23% dividend yield
Ranks above peers (12/13)
Moderate moat 52/100
Evidence: Medium Range 11.71 PLN – 21.75 PLN Share as image

Fair value as of: Aug 22, 2026

From 14 valuation models · updated today

Share price −7.7% over the past month.

A solid business, but screening 13% overvalued on our models.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • Solid but not exceptional quality (55/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (11.71 PLN to 21.75 PLN) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

23.29 PLN 4.12 PLN Fair Value 16.73 PLN May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 22, 2026.

How to read this chart

60‑month range 4.12 PLN – 23.29 PLN · fair‑value band 11.71 PLN – 21.75 PLN · the 19.30 PLN price screens above the 16.73 PLN fair value. Dashed = 300-day average. As of Aug 22, 2026.

Full chart & analysis →

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Analysis

Odlewnie Polskie SA (ODL) currently trades at 19.30 PLN, while our model-based Fair Value estimate is 16.73 PLN, implying the stock looks roughly 13.3% overvalued today. The Quality Score stands at 55/100 (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: medium).

Over the trailing twelve months, Odlewnie Polskie SA generated revenue of 242M PLN at a net margin of 8.9%. Revenue grew 8.5% year over year. It earns a return on equity of 11.8%. The balance sheet holds a net cash position of 10.1M PLN. Fundamentals as of Aug 22, 2026

Our scenario range runs from 11.71 PLN (bear case) to 21.75 PLN (bull case); at 19.30 PLN, the current price sits within 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 22% below its 52-week high and 127% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -59% fair-value upside, at -13%, ODL screens cheaper 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 6.79 PLN 7.55 PLN 10.95 PLN 76
ROIC Compounder 9.04 PLN 10.63 PLN 12.43 PLN 72
Growth-Adj P/E 11.71 PLN 16.73 PLN 21.75 PLN 68
All 14 models by family
Earnings-Based
Graham-Dodd 6.14 PLN 18.91 PLN 25.13 PLN 54
Lynch FV 4.09 PLN 5.84 PLN 7.59 PLN 50
PEG = 1.0 4.09 PLN 5.84 PLN 7.59 PLN 46
EPV 8.86 PLN 9.88 PLN 10.73 PLN 59
Multiples
P/E Multiple 14.21 PLN 18.95 PLN 23.68 PLN 63
P/S Multiple 11.50 PLN 15.34 PLN 19.17 PLN 58
P/B Multiple 11.50 PLN 15.34 PLN 19.17 PLN 55
EV/EBIT 16.03 PLN 20.93 PLN 25.82 PLN 53
EV/EBITDA 17.25 PLN 22.55 PLN 27.85 PLN 54
EV/Revenue 11.83 PLN 16.32 PLN 20.81 PLN 43
Asset-Based
NCAV (Graham) 3.96 PLN 5.30 PLN 7.92 PLN 50
Economic Profit
Residual Income 6.79 PLN 7.55 PLN 10.95 PLN 76
ROIC Compounder 9.04 PLN 10.63 PLN 12.43 PLN 72
Growth Earnings
Growth-Adj P/E 11.71 PLN 16.73 PLN 21.75 PLN 68

Widest divergence: Growth Earnings (16.73 PLN) versus Asset-Based (5.30 PLN). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 242M PLN
Revenue growth (YoY) +8.5%
Net margin 8.9%
Return on equity 13.5%
Free cash flow −13.9M PLN FY2025
P/E ratio 13.7
More key figures
Operating margin 12.0%
EPS (TTM) 1.41 PLN
Dividend yield 2.2%
EPS growth (YoY) +90.2%
Net cash 10.1M PLN FY2025

Figures from reported company fundamentals · as of Aug 22, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 55/100

Of which business quality 56 · Market factors (momentum, volatility) 76

Profitability 51
Margins and returns on capital today
Quality Growth 39
Are margins and returns improving?
Cashflow 29
Earnings quality: real cash, not paper profit
Fin. Strength 88
Balance sheet, leverage, solvency risk
Investment 44
Disciplined investing over empire-building
Low Volatility 54
Calm price path (market factor)
Momentum 86
Price trend over the last 3–12 months (market factor)
52W Momentum 85
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

Odlewnie Polskie S.A. produces and sells castings in Germany, the Czech Republic, the Netherlands, the United States, Sweden, Hungary, Great Britain, Austria, Slovakia, Denmark, Turkey, Spain, Italy, Switzerland, France, and Serbia. It offers ductile iron products using grey, nodular, ADI, SiMo, and steel cast iron materials.

Full company description

Odlewnie Polskie S.A. produces and sells castings in Germany, the Czech Republic, the Netherlands, the United States, Sweden, Hungary, Great Britain, Austria, Slovakia, Denmark, Turkey, Spain, Italy, Switzerland, France, and Serbia. It offers ductile iron products using grey, nodular, ADI, SiMo, and steel cast iron materials. The company is involved in the buying ang selling of foreign castings; and provision of services in German foundries. In addition, it provides customer service, including design, production of foundry equipment and the creation of castings, their machining and heat treatment, as well as priming, assembly, and shipment services. The company offers its products to machine, automotive, industrial instruments, plumbing and sewage systems, heavy rail, energy, and appliance industries. The company was founded in 1899 and is headquartered in Starachowice, Poland.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Odlewnie Polskie SA reported revenue of 237M PLN in FY2025 versus 219M PLN in FY2021, a compound +1.9%/yr. Reported net income was 18.1M PLN in FY2025, compounding −2.5%/yr from FY2021.

Growth Quality 47/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
237M PLN
Latest YoY
+6.6%
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.
−6.6%
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.
+9.4%
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.
+3.1%
Revenue +1.9%/yr
FY21 219M PLN
FY22 290M PLN
FY23 267M PLN
FY24 222M PLN
FY25 237M PLN
Net income −2.5%/yr
FY21 20.1M PLN
FY22 30.9M PLN
FY23 34.9M PLN
FY24 13.2M PLN
FY25 18.1M PLN
Character of growth · EPS growth decomposed (2014-2025) +10.4 % p.a.
Revenue per share +6.7 pp

of which total revenue +6.4 pp · buybacks/dilution +0.3 pp

EBIT margin +5.5 pp
Tax rate −0.7 pp
Residual (interest, one-offs) −1.1 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).

ODL screens 13% overvalued. Compare with Carpenter Technology Corporation →

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Cite: Fair Value Calculator (2026). "Odlewnie Polskie SA Fair Value". https://www.fairvalue-calculator.com/stock/ODL.WAR

Peer Group

Metal Fabrication · 253 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 55 · Above median
Fair Value upside −13% · Above median
Return on equity (TTM) 14% · Top 25%
Return on assets 8% · Top 25%
Net margin (TTM) 9% · Top 25%
Operating margin (TTM) 12% · Top 25%
Revenue growth 9% · Above median
Dividend yield (TTM) 0.0% · Bottom 25%
Debt / equity 0.01× · Lower than 75% of peers

Valuation Multiples vs Metal Fabrication median · lower = cheaper

P/E (TTM) 13.7× · Cheaper than 75% of peers
P/B 0.70× · Cheaper than 75% of peers
P/S (TTM) 0.46× · Cheaper than median
EV/EBITDA 2.4× · 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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE16 · sector 0
FUTURE43 · sector 35
PAST54 · sector 19
HEALTH99 · sector 95
DIVIDEND0 · sector 27

Insider activity: 40/100

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

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Frequently asked questions

Is Odlewnie Polskie SA (ODL) overvalued or undervalued?
As of Aug 22, 2026, our model estimates a fair value of 16.73 PLN versus a price of 19.30 PLN, about −13% (overvalued).
What is the fair value of ODL?
Our model-based fair value for Odlewnie Polskie SA is 16.73 PLN (as of Aug 22, 2026), built from audited fundamentals. The current price: 19.30 PLN.
What is the quality score of ODL?
Odlewnie Polskie SA has a Quality Score of 55/100. 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 Odlewnie Polskie SA (ODL)?
Odlewnie Polskie SA reported trailing-twelve-month revenue of about 242M PLN (latest available figure, as of Aug 22, 2026).
What is the net profit margin of ODL?
The net profit margin of Odlewnie Polskie SA is about 8.9%, meaning it keeps roughly 8.9% 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.

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