MEX GPW Periodic report · PAP Biznes

Mex Polska SA (MEX) · Q1 2026 results and valuation

Share price: 3.39 zł · 2026-11-10

Results Q1 2026 vs Q1 2025 · year over year · published 27 May 2026 and 28 May 2025

The report's language is unchanged.

Only a basic analysis is available for this company at the moment.

1 · Numbers

—

No financial figures for this pair

2 · How the report reads

Unchanged

Language tone vs last period

Report language: restrained for a company report — about as upbeat as in Q1 2025.

Weak signal: formal report language, not a call.

3 · What stood out

Key theme

The District Court in Łódź issued a decision on January 29, 2026, to dismiss the proceedings regarding the 2025 statement.

Valuation

Is Mex Polska SA undervalued?

Reverse DCF. Free cash flow from the last full fiscal year (2025-12-31), grown for 10 years, discounted back, plus a terminal value. “Implied growth” is the rate the current price assumes.

At 15.9% growth a year (3-year revenue growth), the model's fair value is 7.14 zł a share — the stock trades 53% below it. Today's price assumes 5.3% growth a year.

Current price

3.39 zł

close of 2026-11-10

Market implies growth of iThe yearly free-cash-flow growth, for the next 10 years, that today’s share price already assumes. If you believe the company grows faster than this, the stock is cheap under this model; slower, and it is expensive.

+5.3% for 10 yrs

Fair value / share

7.14 zł

Buy below

5.36 zł

Price vs fair value

Undervalued 53%

Price vs buy-below price

Undervalued 37%

Official channels

The company's own website and social media accounts.

Read between the lines

No major shifts flagged this period.

Tone

How upbeat the language was, compared with other companiesiTone counts positive minus negative finance words, adjusted for length. Executives mostly speak positively, so the labels compare each call with every company's latest call: “typical” is the middle third, “very upbeat” the top tenth, “cautious” the bottom tenth.. Dot: Q1 2026. Ring: Q1 2025.

Report language Restrained (was restrained)

Restrained for a company report — about as upbeat as in Q1 2025. Periodic reports carry legally required risk wording, so their tone moves little and is a weak signal.

Full figures

PLN · PAP Biznes report (2026-05-27)

Metric Q1 2026 Q1 2025 Change
Revenue 29.5M —
Gross profit 2.7M —
Operating income -117.5K —
Net income -1.2M —
P/E today 26.3 28.0 11.2 +16.8

Topics

Topics are drawn from the full report text, not management commentary.

Most discussed now

  • The achievement of financial results and the clarification of data aggregation rules in the statement of financial position, the statement…

Faded since Q1 2025

  • Fading Capital reserve from the sale of shares above par value
  • Fading Standards and interpretations that have already been published and approved by the EU and have entered into force since. • Changes to IAS…

Latest announcements

Official filings, newest first.