Jastrzebska Spólka Weglowa S.A.

WSE:JSW Stock Report

Market Cap: zł3.2b

Jastrzebska Spólka Weglowa Valuation

Is JSW undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of JSW when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: JSW (PLN26.08) is trading above our estimate of future cash flow value (PLN8.17)

Significantly Below Future Cash Flow Value: JSW is trading above our estimate of future cash flow value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for JSW?

Key metric: As JSW is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for JSW. This is calculated by dividing JSW's market cap by their current revenue.
What is JSW's PS Ratio?
PS Ratio0.3x
Saleszł9.12b
Market Capzł3.16b

Price to Sales Ratio vs Peers

How does JSW's PS Ratio compare to its peers?

The above table shows the PS ratio for JSW vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average0.7x
COG Cognor Holding
0.7xn/azł1.4b
STP Stalprodukt
0.3x3.49%zł1.2b
ODL Odlewnie Polskie
1.7xn/azł382.1m
MFO MFO
0.3xn/azł199.5m
JSW Jastrzebska Spólka Weglowa
0.3x5.73%zł3.2b

Price-To-Sales vs Peers: JSW is good value based on its Price-To-Sales Ratio (0.3x) compared to the peer average (0.7x).

Historical Price to Sales Ratio

Historical Price to Sales Ratio compares a stock's price to its sales over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Sales Ratio vs Industry

How does JSW's PS Ratio compare vs other companies in the European Metals and Mining Industry?

69 CompaniesPrice / SalesEstimated GrowthMarket Cap
Industry Avg.1.0x4.9%
JSW Jastrzebska Spólka Weglowa
 0.3x5.73%US$841.29m
JSW 0.3xIndustry Avg. 1.0xNo. of Companies69PS0246810+
69 CompaniesEstimated GrowthMarket Cap
Industry Avg.1.0x6.0%
JSW Jastrzebska Spólka Weglowa
 0.3x108.80%US$841.29m
No more companies

Price-To-Sales vs Industry: JSW is good value based on its Price-To-Sales Ratio (0.3x) compared to the European Metals and Mining industry average (1x).

Price to Sales Ratio vs Fair Ratio

What is JSW's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

JSW PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.3x
Fair PS Ratio0.2x

Price-To-Sales vs Fair Ratio: JSW is expensive based on its Price-To-Sales Ratio (0.3x) compared to the estimated Fair Price-To-Sales Ratio (0.2x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst JSW forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentzł26.08
zł22.25
-14.70%
40.07%zł31.48zł10.00n/a4
Jun ’27zł27.72
zł22.25
-19.75%
40.07%zł31.48zł10.00n/a4
May ’27zł28.30
zł20.67
-26.96%
39.71%zł31.48zł10.00n/a4
Apr ’27zł32.00
zł20.94
-34.56%
41.65%zł32.00zł10.00n/a5
Mar ’27zł27.14
zł20.94
-22.84%
41.65%zł32.00zł10.00n/a5
Feb ’27zł29.55
zł20.66
-30.08%
30.45%zł32.00zł16.00n/a5
Jan ’27zł23.40
zł20.66
-11.72%
30.45%zł32.00zł16.00n/a5
Dec ’26zł23.77
zł20.66
-13.09%
30.45%zł32.00zł16.00n/a5
Nov ’26zł25.89
zł20.86
-19.44%
31.90%zł33.00zł16.00n/a5
Oct ’26zł23.00
zł15.66
-31.92%
32.66%zł23.09zł7.00n/a5
Sep ’26zł22.54
zł15.66
-30.52%
32.67%zł23.10zł7.00n/a5
Aug ’26zł22.84
zł18.69
-18.19%
37.11%zł29.00zł7.00n/a6
Jul ’26zł21.47
zł18.69
-12.97%
37.11%zł29.00zł7.00n/a6
Jun ’26zł22.66
zł19.42
-14.29%
36.86%zł29.00zł8.00zł27.725
May ’26zł24.10
zł19.85
-17.63%
33.27%zł29.00zł8.00zł28.306
Apr ’26zł22.77
zł19.85
-12.82%
33.27%zł29.00zł8.00zł32.006
Mar ’26zł25.05
zł21.19
-15.43%
21.59%zł29.00zł16.00zł27.146
Feb ’26zł23.20
zł21.19
-8.69%
21.59%zł29.00zł16.00zł29.556
Jan ’26zł20.71
zł21.19
+2.29%
21.59%zł29.00zł16.00zł23.406
Dec ’25zł25.52
zł21.19
-16.99%
21.59%zł29.00zł16.00zł23.776
Nov ’25zł26.82
zł21.52
-19.77%
19.72%zł29.00zł16.00zł25.896
Oct ’25zł26.00
zł22.77
-12.44%
48.31%zł42.00zł7.00zł23.006
Sep ’25zł25.68
zł34.43
+34.07%
47.14%zł66.98zł20.00zł22.546
Aug ’25zł26.70
zł42.43
+58.91%
62.56%zł90.00zł20.00zł22.846
Jul ’25zł29.80
zł48.05
+61.25%
52.17%zł90.00zł20.00zł21.476
Jun ’25zł28.46
zł52.05
+82.89%
42.26%zł90.00zł26.00zł22.666
zł22.25
Fair Value
17.2% overvalued intrinsic discount
4
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/23 09:25
End of Day Share Price 2026/06/23 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Jastrzebska Spólka Weglowa S.A. is covered by 18 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kamil KliszczBiuro maklerskie mBanku
Jakub SargsyanBiuro maklerskie mBanku
Beata Szparaga-WasniewskaBiuro maklerskie mBanku