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Orlen S.A (PKN) Fair Value & Analysis

Energy · CZ · Market cap 933B CZK

OS Orlen S.A PKN · PR
Price737.60 CZK
Fair Value1,129 CZK
Upside+53.0%
Quality70/100
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Evidence: High Range 844.71 CZK – 1,413 CZK

Fair value as of: Jun 24, 2026

From 23 valuation models · updated 8 days ago

Share price −5.1% over the past month.

Price vs Fair Value (12 months)

791.10 CZK 402.02 CZK Fair Value 1,129 CZK Jun 2025 Jun 2026

12‑month range 402.02 CZK – 791.10 CZK · fair‑value band 844.71 CZK – 1,413 CZK · the 737.60 CZK price screens below the 1,129 CZK fair value. As of Jun 24, 2026.

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Analysis

Orlen S.A (PKN) currently trades at 737.60 CZK, while our model-based Fair Value estimate is 1,129 CZK — implying the stock looks roughly 53.0% undervalued today. We read business quality at 70/100 (solid quality), in the Energy 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: high) — always confirm before acting.

Over the trailing twelve months, Orlen S.A generated revenue of 270B CZK at a net margin of 2.4%. Revenue grew 2.9% year over year. It earns a return on equity of 4.4%. Net debt stands at 8.5B CZK. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) 270B CZK
Revenue growth (YoY) +2.9%
Net margin 2.4%
Return on equity 4.4%
Free cash flow 17.3B CZK FY2025
P/E ratio 25.1
More key figures
EPS (TTM) 31.64 CZK
EPS growth (YoY) +94.4%
Net debt 8.5B CZK FY2024

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

Orlen S.A. operates in refining, petrochemical, energy, retail, gas, and upstream business. It engages in the processing and wholesale of refinery products, such as crude oil; production and sale of fuel, oil, chemicals, and petrochemicals, as well as provision of supporting services; production, distribution, and sale of electricity and heat from conventional and renewable energy sources comprising solar photovoltaics, as well as natural gas; trading of electricity; exploration and extraction of mineral resources; exploration, production, and import of natural gas; and trading and storage of gas and liquid gas. The company is also involved in the exploration, recognition, and extraction of hydrocarbons; fuel station activities; and provision of transportation, maintenance and overhaul, laboratory, security, design, administrative, courier, insurance, and financial services, as well as press distribution, and media activities, such as newspapers and websites. It offers petrol, …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Orlen S.A reported revenue of 268B CZK in FY2025 versus 131B CZK in FY2021, a compound +19.5%/yr. Reported net income was 2.5B CZK in FY2025, compounding −30.9%/yr from FY2021.

Revenue +19.5%/yr
FY21 131B CZK
FY22 282B CZK
FY23 372B CZK
FY24 295B CZK
FY25 268B CZK
Net income −30.9%/yr
FY21 11.1B CZK
FY22 39.7B CZK
FY23 20.9B CZK
FY24 2.8B CZK
FY25 2.5B CZK

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Frequently asked questions

Is Orlen S.A (PKN) undervalued?
As of Jun 24, 2026, our model estimates a fair value of 1,129 CZK versus a price of 737.60 CZK — about +53% (undervalued). Model-based estimate, not financial advice.
What is the fair value of PKN?
Our model-based fair value for Orlen S.A is 1,129 CZK (as of Jun 24, 2026), built from audited fundamentals. The current price is 737.60 CZK.
What is the quality score of PKN?
Orlen S.A has a Quality Score of 70/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Orlen S.A (PKN)?
Orlen S.A reported trailing-twelve-month revenue of about 270B CZK (latest available figure, as of Jun 24, 2026).
What is the net profit margin of PKN?
The net profit margin of Orlen S.A is about 2.4%, meaning it keeps roughly 2.4% 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.

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