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Sunex S.A (SNX) Fair Value & Analysis

Technology · PL · Market cap 60.2M PLN

SS Sunex S.A SNX · WAR
Price2.68 PLN
Fair Value13.80 PLN
Upside+415.9%
Quality92/100
Evidence: Low Range 10.35 PLN – 17.26 PLN

Fair value as of: Jun 24, 2026

From 4 valuation models · updated 5 days ago

Share price +1.1% over the past month.

Price vs Fair Value (12 months)

7.22 PLN 2.48 PLN Fair Value 13.80 PLN Jun 2025 Jun 2026

12‑month range 2.48 PLN – 7.22 PLN · fair‑value band 10.35 PLN – 17.26 PLN · the 2.68 PLN price screens below the 13.80 PLN fair value. As of Jun 24, 2026.

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Analysis

Sunex S.A (SNX) currently trades at 2.68 PLN, while our model-based Fair Value estimate is 13.80 PLN — implying the stock looks roughly 415.9% undervalued today. We read business quality at 92/100 (high quality), in the Technology 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: low) — always confirm before acting.

Over the trailing twelve months, Sunex S.A generated revenue of 227M PLN at a net margin of -7.2%. Revenue declined 5.7% year over year. It earns a return on equity of -16.6%. Net debt stands at 129M PLN. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) 227M PLN
Revenue growth (YoY) -5.7%
Net margin -7.2%
Return on equity -16.6%
Free cash flow −14.0M PLN FY2024
Operating margin -0.6%
More key figures
EPS (TTM) -0.7300 PLN
EPS growth (YoY) -77.2%
Net debt 129M PLN FY2024

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

About the company

Sunex S.A. engages in the manufacture and sale of solutions based on renewable energy sources in Poland. It offers heat pumps, solar collectors, thermosiphons, mounting systems, connection systems, storage facilities, pump groups, heat exchange stations, heat carrier, solar regulations, custom products; photovoltaics, heat pumps, hybrid-systems, mounting and connection kits, diaphragm vessels, solar controller, storage tanks, heat accumulators, assortment, and consumer protection shield. It also provides sheet metal forming services, including bending, cutting, punching, extrusion, marking, knocking, and perforation. Sunex S.A. also exports its products. The company was founded in 2002 and is based in Racibórz, Poland. Sunex S.A. is a subsidiary of Polska Ekologia Sp. z o.o.

Revenue & earnings trend

FY2020 – FY2024 · reported fiscal years

Sunex S.A reported revenue of 208M PLN in FY2024 versus 84.6M PLN in FY2020, a compound +25.2%/yr. Reported net income was −20.1M PLN in FY2024.

Revenue +25.2%/yr
FY20 84.6M PLN
FY21 131M PLN
FY22 290M PLN
FY23 316M PLN
FY24 208M PLN
Net income
FY20 6.5M PLN
FY21 6.2M PLN
FY22 39.0M PLN
FY23 24.4M PLN
FY24 −20.1M PLN

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6 more Solar stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).

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Nextpower Inc NXT $131.57 $79.08 -40%
Waaree Energies Limited WAAREEENER ₹3,053 ₹4,337 +42%
Tongwei Co 600438 ¥13.70 ¥29.90 +118%
Enphase Energy, Inc ENPH $50.57 $20.83 -59%
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Frequently asked questions

Is Sunex S.A (SNX) undervalued?
As of Jun 24, 2026, our model estimates a fair value of 13.80 PLN versus a price of 2.68 PLN — about +416% (undervalued). Model-based estimate, not financial advice.
What is the fair value of SNX?
Our 21-model fair value for Sunex S.A is 13.80 PLN (as of Jun 24, 2026), built from audited fundamentals. The current price is 2.68 PLN.
What is the quality score of SNX?
Sunex S.A has a Quality Score of 92/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Sunex S.A (SNX)?
Sunex S.A reported trailing-twelve-month revenue of about 227M PLN (latest available figure, as of Jun 24, 2026).
What is the net profit margin of SNX?
The net profit margin of Sunex S.A is about -7.2%, 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.

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