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TenderHut S.A (THG) Fair Value & Analysis

Technology · PL · Market cap 13.1M PLN

TS TenderHut S.A THG · WAR
Price5.72 PLN
Fair Value6.73 PLN
Upside+17.7%
Quality94/100
Evidence: Medium Range 4.72 PLN – 8.92 PLN

Fair value as of: Jun 24, 2026

From 14 valuation models · updated 5 days ago

Share price +1.4% over the past month.

Price vs Fair Value (12 months)

6.68 PLN 5.52 PLN Fair Value 6.73 PLN Jun 2025 Jun 2026

12‑month range 5.52 PLN – 6.68 PLN · fair‑value band 4.72 PLN – 8.92 PLN · the 5.72 PLN price screens below the 6.73 PLN fair value. As of Jun 24, 2026.

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Analysis

TenderHut S.A (THG) currently trades at 5.72 PLN, while our model-based Fair Value estimate is 6.73 PLN — implying the stock looks roughly 17.7% undervalued today. We read business quality at 94/100 (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: medium) — always confirm before acting.

Over the trailing twelve months, TenderHut S.A generated revenue of 43.7M PLN at a net margin of -14.7%. Revenue declined 11.0% year over year. It earns a return on equity of -39.9%. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) 43.7M PLN
Revenue growth (YoY) -11.0%
Net margin -14.7%
Return on equity -39.9%
Free cash flow 562K PLN FY2025
Operating margin 2.1%
More key figures
EPS (TTM) -2.72 PLN
EPS growth (YoY) -31.7%
Net debt 239K PLN FY2025

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

About the company

TenderHut S.A., through its subsidiaries, provides IT solutions in Poland. The company operates through: Software Development & Cybersec; Digital Design & Marketing; Lab Systems; Venture Building; and Holding Services segments. It offers process outsourcing, technology outsourcing, sells proprietary and third-party products, and cybersecurity services; and product design, UX, UI, digital product research and testing, building communication and branding strategies, digital marketing, marketing automation, and social media services, as well as performance marketing, SEO, outbound marketing, and PR services. The company also offers delivery, implementation, and customization of laboratory systems; develops startups; and management, financial, and administrative services, office space and computer equipment lease services, and legal advisory services. It serves technology, finance, and insurance, research and development, education, and healthcare sectors. The company was founded in 201…

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

TenderHut S.A reported revenue of 44.9M PLN in FY2025 versus 47.3M PLN in FY2021, a compound −1.3%/yr. Reported net income was −6.2M PLN in FY2025.

Revenue −1.3%/yr
FY21 47.3M PLN
FY22 67.9M PLN
FY23 55.6M PLN
FY24 49.6M PLN
FY25 44.9M PLN
Net income
FY21 4.4M PLN
FY22 1.0M PLN
FY23 −10.1M PLN
FY24 −3.7M PLN
FY25 −6.2M PLN

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Frequently asked questions

Is TenderHut S.A (THG) undervalued?
As of Jun 24, 2026, our model estimates a fair value of 6.73 PLN versus a price of 5.72 PLN — about +18% (undervalued). Model-based estimate, not financial advice.
What is the fair value of THG?
Our 21-model fair value for TenderHut S.A is 6.73 PLN (as of Jun 24, 2026), built from audited fundamentals. The current price is 5.72 PLN.
What is the quality score of THG?
TenderHut S.A has a Quality Score of 94/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of TenderHut S.A (THG)?
TenderHut S.A reported trailing-twelve-month revenue of about 43.7M PLN (latest available figure, as of Jun 24, 2026).
What is the net profit margin of THG?
The net profit margin of TenderHut S.A is about -14.7%, 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.