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Sfinks Polska S.A (SFS) Fair Value & Analysis

Consumer Cyclical · PL · Market cap 16.9M PLN

SP Sfinks Polska S.A SFS · WAR
Price0.4400 PLN
Fair Value0.3300 PLN
Upside-25.0%
Quality46/100
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Mixed Growth
Loss-making · -14.5% net margin
Negative equity (buybacks among others) · generates free cash flow
Mixed vs. peers (5/11)
Narrow moat 29/100
Evidence: High Range 0.1400 PLN – 0.3300 PLN Share as image

Fair value as of: Jul 14, 2026

From 11 valuation models · updated 27 days ago

Fair value updated Jul 14, 2026, revised from 0.9600 PLN to 0.3300 PLN (−65.6%) since Jun 25, 2026. Share price −2.9% over the past month.

Below-average quality, and screening another 25% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (0.3300 PLN). The favourable scenario is already priced in.
  • Solid but not exceptional quality (46/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (0.1400 PLN to 0.3300 PLN) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

1.56 PLN 0.3300 PLN Fair Value 0.3300 PLN Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 14, 2026.

How to read this chart

60‑month range 0.3300 PLN – 1.56 PLN · fair‑value band 0.1400 PLN – 0.3300 PLN · the 0.4400 PLN price screens above the 0.3300 PLN fair value. Dashed = 300-day average. As of Jul 14, 2026.

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Analysis

Sfinks Polska S.A (SFS) currently trades at 0.4400 PLN, while our model-based Fair Value estimate is 0.3300 PLN, implying the stock looks roughly 25.0% overvalued today. The Quality Score stands at 46/100 (below-average quality), in the Consumer Cyclical 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: high).

Over the trailing twelve months, Sfinks Polska S.A generated revenue of 46.7M PLN at a net margin of -15.0%. Revenue declined 33.7% year over year. Net debt stands at 88.3M PLN. Fundamentals as of Jul 14, 2026

Our scenario range runs from 0.1400 PLN (bear case) to 0.3300 PLN (bull case); at 0.4400 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 24% below its 52-week high and 28% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -47% fair-value upside, at -25%, SFS 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
Growth DCF 0.3900 PLN 80
Rev-Margin DCF 0.3000 PLN 74
Gordon GGM 0.4900 PLN 0.5200 PLN 0.5700 PLN 70
All 11 models by family
DCF Models
FCF DCF 0.4600 PLN 38
5Y Revenue Exit 0.3000 PLN 39
5Y EBITDA Exit 0.7700 PLN 1.89 PLN 41
10Y EBITDA Exit 0.2200 PLN 0.7400 PLN 37
Dividend Discount
Gordon GGM 0.4900 PLN 0.5200 PLN 0.5700 PLN 70
DDM Multi-Stage 0.4900 PLN 0.5700 PLN 0.6600 PLN 61
Multiples
EV/EBIT 0.4700 PLN 1.05 PLN 53
EV/EBITDA 0.6200 PLN 1.44 PLN 2.27 PLN 54
EV/Revenue 0.0700 PLN 43
Growth DCF
Growth DCF 0.3900 PLN 80
Rev-Margin DCF 0.3000 PLN 74

Widest divergence: Dividend Discount (0.5200 PLN) versus DCF Models (0.2200 PLN). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 46.7M PLN
Revenue growth (YoY) -33.7%
Net margin -15.0%
Free cash flow 7.2M PLN FY2025
Operating margin 4.8%
EPS (TTM) -0.1800 PLN
More key figures
EPS growth (YoY) -96.6%
Net debt 88.3M PLN FY2025

Figures from reported company fundamentals · as of Jul 14, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 46/100

Of which business quality 43 · Market factors (momentum, volatility) 44

Profitability 17
Margins and returns on capital today
Quality Growth 32
Are margins and returns improving?
Cashflow 72
Earnings quality: real cash, not paper profit
Fin. Strength 1
Balance sheet, leverage, solvency risk
Investment 96
Disciplined investing over empire-building
Low Volatility 55
Calm price path (market factor)
Momentum 42
Price trend over the last 3–12 months (market factor)
52W Momentum 33
Distance to the 52-week high (market factor)
Net Issuance 75
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

Sfinks Polska S.A. engages in the operation and franchise of restaurants in the casual dining sector in Europe. It operates a network of restaurants under the Sphinx, Piwiarnia, and Chlopskie Jadlo brand names; and virtual restaurant under The Burgers brand name. Sfinks Polska S.A. was founded in 1995 and is headquartered in Piaseczno, Poland.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Sfinks Polska S.A reported revenue of 46.7M PLN in FY2025 versus 63.9M PLN in FY2021, a compound −7.5%/yr. Reported net income was −7.0M PLN in FY2025.

Growth Quality 55/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
46.7M PLN
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.
+9.0%
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.
−11.2%
Avg. growth/yr (15Y) 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.
−4.9%
Revenue −7.5%/yr
FY21 63.9M PLN
FY22 96.9M PLN
FY23 100M PLN
FY24 75.6M PLN
FY25 46.7M PLN
Net income
FY21 −19.6M PLN
FY22 21.5M PLN
FY23 −339K PLN
FY24 −5.1M PLN
FY25 −7.0M PLN

SFS screens 25% overvalued. Compare with McDonald's Corporation →

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

Peer Group

Restaurants · 227 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 46 · Below median
Fair Value upside −25% · Below median
Return on assets 4% · Above median
Net margin (TTM) -15% · Bottom 25%
Operating margin (TTM) 8% · Above median
Revenue growth -26% · Bottom 25%

Valuation Multiples vs Restaurants median · lower = cheaper

P/S (TTM) 0.11× · Cheaper than 75% of peers
P/FCF 0.6× · Cheaper than median
EV/EBITDA 15.1× · Pricier 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.

VALUE 0 · sector 28
FUTURE 0 · sector 20
PAST 0 · sector 16
HEALTH 100 · sector 97
DIVIDEND 0 · sector 58

VALUE 0: the price sits above our fair-value range.

PAST 0: with negative equity (buybacks among others) return on equity is not meaningfully computable.

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

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Restaurants stocks, each showing price versus our Fair Value estimate (as of Jul 14, 2026).

Stock Price Fair Value vs Fair Value
McDonald's Corporation MCDS C$24.01 C$10.84 -55%
Starbucks Corporation SBUX $105.49 $35.83 -66%
Chipotle Mexican Grill, Inc CMG $34.63 $18.43 -47%
Yum! Brands, Inc YUM $163.54 $59.66 -64%
Restaurant Brands International Inc QSR C$104.19 C$36.37 -65%
Darden Restaurants, Inc DRI $195.74 $173.68 -11%
Yum China Holdings YUMC $43.90 $55.10 +26%
Texas Roadhouse, Inc TXRH $197.03 $104.89 -47%
Dutch Bros Inc BROS $68.36 $12.80 -81%
Domino's Pizza, Inc DPZ $322.18 $231.96 -28%

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Frequently asked questions

Is Sfinks Polska S.A (SFS) overvalued or undervalued?
As of Jul 14, 2026, our model estimates a fair value of 0.3300 PLN versus a price of 0.4400 PLN, about −25% (overvalued).
What is the fair value of SFS?
Our model-based fair value for Sfinks Polska S.A is 0.3300 PLN (as of Jul 14, 2026), built from audited fundamentals. The current price is 0.4400 PLN.
What is the quality score of SFS?
Sfinks Polska S.A has a Quality Score of 46/100. 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 Sfinks Polska S.A (SFS)?
Sfinks Polska S.A reported trailing-twelve-month revenue of about 46.7M PLN (latest available figure, as of Jul 14, 2026).
What is the net profit margin of SFS?
The net profit margin of Sfinks Polska S.A is about -15.0%, meaning it is currently running at a net loss. 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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