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PBS Finanse SA (PBF) Fair Value & Analysis

Financial Services · PL · Market cap 12.0M PLN (≈ $3.2M) · ISIN PLBEFSN00010

What is PBS Finanse SA really worth?

PF PBS Finanse SA PBF · WAR
Price0.9700 PLN
Fair Value0.1400 PLN
Upside−85.6%
Quality58/100

A solid business, but trading 593% above our fair value of 0.1400 PLN.

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Risks

!Mixed Growth (revenue 3y +22.0 %/yr)
!Thin margins · 2.6% net margin
!negative free cash flow
!Trails peers (3/10)
!Narrow moat 18/100
!Evidence only low, so the estimate is less certain
!Weak on past: 4 out of 100
Evidence: Low Range 0.1000 PLN – 0.1700 PLN

Fair value as of: Sep 5, 2026

From 6 valuation models · updated today

Fair value updated Sep 5, 2026, revised from 0.0300 PLN to 0.1400 PLN (+366.7%) since Aug 13, 2026. Share price −15.7% over the past month.

What runs behind every stock

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

What matters now

  • The price sits above even our optimistic bull case (0.1700 PLN). The favourable scenario is already priced in.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • Solid but not exceptional quality (58/100) and above fair value, neither a clear bargain nor a standout compounder.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.

Price vs Fair Value (5 years)

2.00 PLN 0.1310 PLN Fair Value 0.1400 PLN Aug 2018 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 5, 2026.

How to read this chart

60‑month range 0.1310 PLN – 2.00 PLN · fair‑value band 0.1000 PLN – 0.1700 PLN · the 0.9700 PLN price screens above the 0.1400 PLN fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 5, 2026.

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Analysis

PBS Finanse SA (PBF) currently trades at 0.9700 PLN, while our model-based Fair Value estimate is 0.1400 PLN, implying the stock looks roughly 593.0% overvalued today. The Quality Score stands at 58/100 (solid quality), in the Financial Services sector. Bull case: the Asset-Based group reads highest at a median of 0.5700 PLN per share, and 0 of the 6 models we run sit above the 0.9700 PLN price. Bear case: the Earnings-Based group reads lowest at 0.0800 PLN, and 6 of the 6 models stay below the price. Evidence for this calculation is low.

Over the trailing twelve months, PBS Finanse SA generated revenue of 3.6M PLN at a net margin of 3.1%. Revenue declined 66.9% year over year. It earns a return on equity of 1.3%. The balance sheet holds a net cash position of 1.9M PLN. Fundamentals as of Sep 5, 2026

Our scenario range runs from 0.1000 PLN (bear case) to 0.1700 PLN (bull case); at 0.9700 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 19% below its 52-week high and 118% above its 52-week low, currently above its 200-day average. For context, the median of 10 Financial Services peers we cover trades at −48% fair-value upside, at −86%, PBF screens richer than that median.

Fair Value models

This estimate rests on fiscal year 2025 figures, and about 8 months have passed since. In that time the company retained roughly 0.0068 PLN per share, which is 4.9 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced 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. Every input is real reported data, nothing guessed.

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 best evidence 0.5300 PLN 0.4700 PLN 0.3000 PLN 71
Graham-Dodd 0.0700 PLN 0.2300 PLN 0.3100 PLN 64
P/E Multiple 0.1000 PLN 0.1400 PLN 0.1700 PLN 63
All 6 models by family
Earnings-Based
Graham-Dodd 0.0700 PLN 0.2300 PLN 0.3100 PLN 64
Lynch FV 0.0500 PLN 0.0800 PLN 0.1000 PLN 61
Multiples
P/E Multiple 0.1000 PLN 0.1400 PLN 0.1700 PLN 63
P/B Multiple 0.1300 PLN 0.1800 PLN 0.2200 PLN 55
Asset-Based
NCAV (Graham) 0.4300 PLN 0.5700 PLN 0.8500 PLN 51
Economic Profit
Residual Income best evidence 0.5300 PLN 0.4700 PLN 0.3000 PLN 71

Widest divergence: Asset-Based (0.5700 PLN) versus Earnings-Based (0.0800 PLN). Highest evidence: Residual Income (71).

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Key figures & financial health

P/E ratio 97.0
P/S ratio 3.00 P/E × margin
EPS (TTM) 0.0100 PLN price ÷ EPS = P/E 97.0
Net margin 3.1% FY2025
Return on equity 1.0% TTM
Return on assets (EBIT) −4.8% avg 5y
More key figures
Profitability
Operating margin −12.4% TTM
Growth
Revenue (TTM) 3.5M PLN TTM
Revenue growth (YoY) −4.0% 3y avg +22.0%
Balance sheet & cash flow
Free cash flow −941K PLN FY2025
Net cash 1.9M PLN FY2025

Figures from reported company fundamentals · as of Sep 5, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 58/100

Of which business quality 58 · Market factors (momentum, volatility) 62

Profitability 19
Margins and returns on capital today
Quality Growth 49
Are margins and returns improving?
Cashflow 33
Earnings quality: real cash, not paper profit
Fin. Strength 88
Balance sheet, leverage, solvency risk
Investment 98
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 58
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

PBS Finanse S.A. engages in real estate rental business in Poland. PBS Finanse S.A. was founded in 1991 and is based in Sanok, Poland.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PBS Finanse SA reported revenue of 3.6M PLN in FY2025 versus 1.2M PLN in FY2021, a compound +32.3%/yr. Reported net income was 110K PLN in FY2025.

Growth Quality 44/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
3.6M PLN
Latest YoY
−22.6%
Avg. revenue 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.
+22.0%
Avg. revenue 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.
−22.3%
Value creation/yr (3Y) Earnings growth per share (CAGR 3 years) plus dividend yield: value created per share and year.
−26.6% (−26.6 + 0.0)
Revenue +32.3%/yr
FY21 1.2M PLN
FY22 2.0M PLN
FY23 962K PLN
FY24 4.6M PLN
FY25 3.6M PLN
Net income
FY21 −215K PLN
FY22 −302K PLN
FY23 278K PLN
FY24 −93.0K PLN
FY25 110K PLN

PBF screens 593% overvalued. Compare with Visa Inc →

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Cite: Fair Value Calculator (2026). "PBS Finanse SA Fair Value". https://www.fairvalue-calculator.com/stock/PBF

Peer Group

Credit Services · 326 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 58 · Above median
Fair Value upside −86% · Bottom 25%
Return on equity (TTM) 1% · Bottom 25%
Return on assets −3% · Bottom 25%
Net margin (TTM) 3% · Bottom 25%
Operating margin (TTM) −12% · Bottom 25%
Revenue growth −4% · Below median

Valuation Multiples vs Credit Services median · lower = cheaper

P/E (TTM) 97.0× · Pricier than 75% of peers
P/B 0.36× · Cheaper than 75% of peers
P/S (TTM) 0.92× · Cheaper than 75% of peers

Strength profile in five axes (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
VALUE0 · sector 35
FUTURE0 · sector 40
PAST4 · sector 31
HEALTH0 · sector 59
DIVIDEND0 · sector 55

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

Similar stocks

10 more Credit Services stocks, each showing price versus our Fair Value estimate (as of Sep 5, 2026).

Stock Price Fair Value vs Fair Value
Visa Inc V $379.66 $198.27 −48%
Mastercard Incorporated MA $591.73 $221.87 −63%
American Express Company AXP $334.16 $206.40 −38%
Capital One Financial Corporation COF $215.67 $117.51 −46%
Bajaj Finance Limited BAJFINANCE ₹1,093 ₹397.70 −64%
PayPal Holdings PYPL $61.47 $77.12 +25%
Shriram Finance Limited SHRIRAMFIN ₹1,134 ₹553.82 −51%
Synchrony Financial, SYF $78.05 $137.28 +76%
SoFi Technologies, Inc SOFI $18.06 $5.02 −72%
Cholamandalam Investment and Finance Company CHOLAFIN ₹1,866 ₹796.47 −57%

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Frequently asked questions

Is PBS Finanse SA (PBF) overvalued or undervalued?
As of Sep 5, 2026, our model estimates a fair value of 0.1400 PLN versus a price of 0.9700 PLN, about −86% upside (overvalued).
What is the fair value of PBF?
Our model-based fair value for PBS Finanse SA is 0.1400 PLN (as of Sep 5, 2026), built from audited fundamentals. The current price: 0.9700 PLN.
What is the quality score of PBF?
PBS Finanse SA has a Quality Score of 58/100. 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 PBS Finanse SA (PBF)?
PBS Finanse SA reported trailing-twelve-month revenue of about 3.6M PLN (latest available figure, as of Sep 5, 2026).
What is the net profit margin of PBF?
The net profit margin of PBS Finanse SA is about 3.1%, meaning it keeps roughly 3.1% of revenue as net income. Based on the latest reported figures.
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