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Skyline Investment S.A (SKL) Fair Value & Analysis

Financial Services · PL · Market cap 34.5M PLN

SI Skyline Investment S.A SKL · WAR
Price1.40 PLN
Fair Value0.4100 PLN
Upside-70.7%
Quality43/100
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Weak Growth
Thin margins · 0.0% net margin
Low debt · negative free cash flow
Trails peers (2/8)
Narrow moat 16/100
Evidence: Low Range 0.3000 PLN – 0.6100 PLN Share as image

Fair value as of: Jul 19, 2026

From 2 valuation models · updated 22 days ago

Fair value updated Jul 19, 2026, revised from 1.77 PLN to 0.4100 PLN (−76.8%) since Jun 26, 2026. Share price −16.7% over the past month.

Below-average quality, and screening another 71% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (0.6100 PLN). The favourable scenario is already priced in.
  • Weak quality (43/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • A fairly wide model range (0.3000 PLN to 0.6100 PLN) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

1.97 PLN 0.6000 PLN Fair Value 0.4100 PLN Jun 2019 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 19, 2026.

How to read this chart

60‑month range 0.6000 PLN – 1.97 PLN · fair‑value band 0.3000 PLN – 0.6100 PLN · the 1.40 PLN price screens above the 0.4100 PLN fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 19, 2026.

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Analysis

Skyline Investment S.A (SKL) currently trades at 1.40 PLN, while our model-based Fair Value estimate is 0.4100 PLN, implying the stock looks roughly 70.7% overvalued today. The Quality Score stands at 43/100 (below-average quality), in the Financial Services 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: low).

Trailing-twelve-month revenue stands at 20.0K PLN. Revenue declined 78.0% year over year. It earns a return on equity of -2.5%. Fundamentals as of Jul 19, 2026

Our scenario range runs from 0.3000 PLN (bear case) to 0.6100 PLN (bull case); at 1.40 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 17% below its 52-week high and 13% above its 52-week low, currently below its 200-day average. For context, the median of 10 Financial Services peers we cover trades at 11% fair-value upside, at -71%, SKL screens richer 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
P/B Multiple 1.69 PLN 2.25 PLN 2.81 PLN 55
NCAV (Graham) 1.32 PLN 1.77 PLN 2.64 PLN 50
All 2 models by family
Multiples
P/B Multiple 1.69 PLN 2.25 PLN 2.81 PLN 55
Asset-Based
NCAV (Graham) 1.32 PLN 1.77 PLN 2.64 PLN 50

Widest divergence: Multiples (2.25 PLN) versus Asset-Based (1.77 PLN). Highest evidence: P/B Multiple (55).

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Key figures & financial health

Revenue (TTM) 19.0K PLN
Revenue growth (YoY) -20.0%
Return on equity -1.7%
Free cash flow −1.1M PLN FY2025
Operating margin -7,525%
EPS (TTM) -0.0400 PLN
More key figures
EPS growth (YoY) -50.1%
Net debt 708K PLN FY2025

Figures from reported company fundamentals · as of Jul 19, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 43/100

Of which business quality 45 · Market factors (momentum, volatility) 45

Profitability 5
Margins and returns on capital today
Quality Growth 35
Are margins and returns improving?
Cashflow 36
Earnings quality: real cash, not paper profit
Fin. Strength 67
Balance sheet, leverage, solvency risk
Investment 66
Disciplined investing over empire-building
Low Volatility 72
Calm price path (market factor)
Momentum 36
Price trend over the last 3–12 months (market factor)
52W Momentum 30
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

Skyline Investment S.A., together with its subsidiaries, provides investment and financial advisory services in Poland. It operates in two segments, Capital Investments and Business Advisory Services. The company offers buy-out, pre-IPO, restructuring, and venture capital.

Full company description

Skyline Investment S.A., together with its subsidiaries, provides investment and financial advisory services in Poland. It operates in two segments, Capital Investments and Business Advisory Services. The company offers buy-out, pre-IPO, restructuring, and venture capital. It also provides financial advisory services, including public offering of shares, merger and acquisition transactions, public and non-public issues of debt instruments, and raising capital on the non-public market; fund management; interim management; compulsory administration; raising funds for environmental projects; and optimization of costs and consumption of electric energy. The company was formerly known as Przedsiebiorstwo Skyline Investment S.A. and changed its name to Skyline Investment S.A. in November 2006. Skyline Investment S.A. was founded in 1997 and is headquartered in Warsaw, Poland.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Skyline Investment S.A reported revenue of 20.0K PLN in FY2025 versus 277K PLN in FY2021, a compound −48.2%/yr. Reported net income was −981K PLN in FY2025.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
20.0K PLN
Latest YoY
−98.7%
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.
−50.5%
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.
−27.6%
Revenue −48.2%/yr
FY21 277K PLN
FY22 165K PLN
FY23 16.0K PLN
FY24 1.6M PLN
FY25 20.0K PLN
Net income
FY21 3.7M PLN
FY22 −3.6M PLN
FY23 14.7M PLN
FY24 296K PLN
FY25 −981K PLN

SKL screens 71% overvalued. Compare with Huatai Securities Co →

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Cite: Fair Value Calculator (2026). "Skyline Investment S.A Fair Value". https://www.fairvalue-calculator.com/stock/SKL

Peer Group

Capital Markets · 423 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 45 · Below median
Fair Value upside −71% · Bottom 25%
Return on assets -1% · Bottom 25%
Net margin (TTM) 0% · Bottom 25%
Revenue growth -20% · Bottom 25%

Valuation Multiples vs Capital Markets median · lower = cheaper

P/B 0.15× · 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.

VALUE 0 · sector 9
FUTURE 0 · sector 96
PAST 0 · sector 30
HEALTH 100 · sector 93
DIVIDEND 0 · sector 36

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

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

Similar stocks

10 more Capital Markets stocks, each showing price versus our Fair Value estimate (as of Jul 19, 2026).

Stock Price Fair Value vs Fair Value
Huatai Securities Co HTSC $0.2700 $0.0400 -85%
Mirae Asset Securities Co 006800 38,750 KRW 31,645 KRW -18%
Meritz Financial Group 138040 117,000 KRW 87,706 KRW -25%
Korea Investment Holdings 071050 239,000 KRW 318,825 KRW +33%
NH Investment & Securities Co 005940 31,000 KRW 37,133 KRW +20%
Samsung Securities Co 016360 107,700 KRW 126,487 KRW +17%
Motilal Oswal Financial Services Limited MOTILALOFS ₹967.00 ₹299.65 -69%
Kiwoom Securities Co 039490 322,000 KRW 358,091 KRW +11%
SSI Securities Corporation SSI 24,250 VND 28,021 VND +16%
Bolsas y Mercados Argentinos S.A BYMA 313.75 ARS 120.22 ARS -62%

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Frequently asked questions

Is Skyline Investment S.A (SKL) overvalued or undervalued?
As of Jul 19, 2026, our model estimates a fair value of 0.4100 PLN versus a price of 1.40 PLN, about −71% (overvalued).
What is the fair value of SKL?
Our model-based fair value for Skyline Investment S.A is 0.4100 PLN (as of Jul 19, 2026), built from audited fundamentals. The current price is 1.40 PLN.
What is the quality score of SKL?
Skyline Investment S.A has a Quality Score of 43/100. 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 Skyline Investment S.A (SKL)?
Skyline Investment S.A reported trailing-twelve-month revenue of about 20.0K PLN (latest available figure, as of Jul 19, 2026).
What is the net profit margin of SKL?
The net profit margin of Skyline Investment S.A is about 0.0%, meaning it keeps roughly 0.0% 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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