PKO Stock Analysis: Powszechna Kasa | WAR
Banks - Regional | WAR, Poland | Market Cap: 136.925m PLN | 12M Return: 54.7% | PLPKO0000016 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 327M
EPS Trend: 92.4%
Qual. Beats: 0
Rev. Trend: 29.3%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 11.8 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Powszechna Kasa Oszczędności Bank Polski (PKO) is a Warsaw-based Polish bank founded in 1919. It serves individuals, businesses and public-sector clients through retail, corporate and investment banking, offering deposits, loans, payment services, insurance, leasing and investment products. Like other banks, it earns revenue from lending and deposit activities as well as fees for financial services.
- Polish rate cuts pressure net interest margins and earnings
- Swiss-franc mortgage litigation provisions weigh on profits
- Strong capital supports dividends as loan growth recovers
| Net Income: 10.8b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA 0.27 > 1.0 |
| NWC/Revenue: -1.29k% < 20% (prev -1.00k%; Δ -290.0% < -1%) |
| CFO/TA 0.01 > 3% & CFO 7.29b > Net Income 10.8b |
| Net Debt (31.0b) to EBITDA (16.0b): 1.94 < 3 |
| Current Ratio: 0.03 > 1.5 & < 3 |
| Outstanding Shares: last quarter (1.25b) vs 12m ago 0.0% < -2% |
| Gross Margin: 76.05% > 18% (prev 76.30%; Δ -0.25% > 0.5%) |
| Asset Turnover: 6.33% > 50% (prev 7.35%; Δ -1.03% > 0%) |
| Interest Coverage Ratio: 1.80 > 6 (EBIT TTM 14.3b / Interest Expense TTM 7.95b) |
| A: -0.78 (Total Current Assets 15.8b - Total Current Liabilities 488b) / Total Assets 608b |
| B: 0.03 (Retained Earnings 16.5b / Total Assets 608b) |
| C: 0.02 (EBIT TTM 14.3b / Avg Total Assets 578b) |
| D: 0.10 (Book Value of Equity 55.9b / Total Liabilities 553b) |
| Altman-Z'' = -4.73 = D |
| DSRI: 0.10 (Receivables 26.0m/2.30b, Revenue 36.6b/40.3b) |
| GMI: 1.00 (GM 76.30% / 76.05%) |
| AQI: 1.03 (AQ_t 0.96 / AQ_t-1 0.93) |
| SGI: 0.91 (Revenue 36.6b / 40.3b) |
| TATA: 0.01 (NI 10.8b - CFO 7.29b) / TA 608b) |
| Beneish M = -3.81 (Cap -4..+1) = AAA |
As of November 03, 2026, the stock is trading at PLN 112.30 with a total of 3,594,503 shares traded. Over the past week, the price has changed by +0.72%, over one month by -5.02%, over three months by +5.58% and over the past year by +54.71%.
Current recommended Stop Loss: 103.60 (which is 7.7% or 2.8 ATR below the current price).
Powszechna Kasa has no consensus analysts rating.
P/E Trailing = 12.6198
P/E Forward = 5.9453
P/S = 4.6992
P/B = 1.7731
P/EG = 1.448
Revenue TTM = 36.6b PLN
EBIT TTM = 14.3b PLN
EBITDA TTM = 16.0b PLN
Long Term Debt = unknown (none)
Short Term Debt = 15.2b PLN (from shortTermDebt, last fiscal year)
Debt = 46.8b PLN (from shortLongTermDebtTotal, last quarter)
Net Debt = 31.0b PLN (calculated: Debt 46.8b - CCE 15.8b)
Enterprise Value = 168b PLN (137b + Debt 46.8b - CCE 15.8b)
Interest Coverage Ratio = 1.80 (Ebit TTM 14.3b / Interest Expense TTM 7.95b)
EV/FCF = 29.10x (Enterprise Value 168b / FCF TTM 5.77b)
FCF Yield = 3.44% (FCF TTM 5.77b / Enterprise Value 168b)
FCF Margin = 15.79% (FCF TTM 5.77b / Revenue TTM 36.6b)
Net Margin = 29.66% (Net Income TTM 10.8b / Revenue TTM 36.6b)
Gross Margin = 76.05% ((Revenue TTM 36.6b - Cost of Revenue TTM 8.75b) / Revenue TTM)
Gross Margin QoQ = 77.32% (prev 77.39%)
Tobins Q-Ratio = 0.28 (Enterprise Value 168b / Total Assets 608b)
Interest Expense / Debt = 16.98% (Interest Expense 7.95b / Debt 46.8b)
Taxrate = 28.95% (4.39b / 15.2b)
NOPAT = 10.2b (EBIT 14.3b * (1 - 28.95%))
Current Ratio = 0.03 (Total Current Assets 15.8b / Total Current Liabilities 488b)
Debt / Equity = 0.84 (Debt 46.8b / totalStockholderEquity, last quarter 55.9b)
Debt / EBITDA = 1.94 (Net Debt 31.0b / EBITDA 16.0b)
Debt / FCF = 5.38 (Net Debt 31.0b / FCF TTM 5.77b)
Total Stockholder Equity = 57.4b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.88% (Net Income 10.8b / Total Assets 608b)
RoE = 18.89% (Net Income TTM 10.8b / Total Stockholder Equity 57.4b)
RoCE = 11.91% (EBIT 14.3b / Capital Employed (Total Assets 608b - Current Liab 488b))
RoIC = 7.62% (NOPAT 10.2b / Invested Capital 133b)
WACC = 9.09% (E(137b)/V(184b) * Re(8.07%) + D(46.8b)/V(184b) * Rd(16.98%) * (1-Tc(0.29)))
Discount Rate = 8.07% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 0.0 | Cagr: 0.0%
[DCF] Terminal Value 75.62% ; FCFF base≈4.95b ; Y1≈5.67b ; Y5≈8.35b
[DCF] Fair Price = 64.14 (EV 111b - Net Debt 31.0b = Equity 80.2b / Shares 1.25b; r=9.09% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 92.42 | EPS CAGR: 28.29% | SUE: 0.36 | # QB: 0
Revenue Correlation: 29.30 | Revenue CAGR: 1.15% | SUE: 0.51 | # QB: 0
EPS current Quarter (2026-09-30): EPS=2.28 | Chg30d=-2.36% | Revisions=+25% | Analysts=2
EPS current Year (2026-12-31): EPS=8.83 | Chg30d=+0.24% | Revisions=+17% | GrowthEPS=+3.2% | GrowthRev=+6.2%
EPS next Year (2027-12-31): EPS=11.02 | Chg30d=+1.50% | Revisions=+50% | GrowthEPS=+24.9% | GrowthRev=+7.1%
[Analyst] Revisions Ratio: +50% (up=6, down=1)