olivLaw · European equity research
Comperia.pl S.A. CPL.WA
Poland · GPW Warszawa · ISIN PLCOMPR00010 · Vertical: Listed companies from Poland
Comperia.pl S.A. is a comparison platform for financial products that connects customers with financial institutions. In 2022 the group reported a net profit of 5108 thousand zloty, up from the prior year, while investment in assets rose considerably, pointing to sustained platform development.
At the close of 05 Nov 2026, Comperia.pl S.A. (CPL.WA) stock was 10.50 PLN (+6.06% on the day), with market capitalisation 36.5 m PLN, P/E 7.1 on diluted EPS of 1.47 PLN over the last 12 months, beta 0.03, 52-week range 4.42–10.50 PLN.
Data as of · AI analysis dated · Source: ESEF annual reports and closing prices, computed by olivLaw.
Price history
Loading chart…
Technical reading
- RSI (14)
- 69.1
- strong (55–70)
- Bollinger (20, 2)
- 8.75 – 10.57
- in the upper half of the band · %B 0.96 · band width 18.9%
- SMA 50 / 200
- 7.86 / 6.51
- uptrend (price > SMA50 > SMA200)
- MACD (12, 26, 9)
- 0.61 / 0.67
- MACD below signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | EURO STOXX 50 | vs EURO STOXX 50 | Vertical median | |
|---|---|---|---|---|
| 1 month | +23.5% | +0.4% | +23.2 pp | — |
| 3 months | +81.0% | −3.3% | +84.3 pp | — |
| 6 months | unavailable | +4.0% | unavailable | — |
| Year to date | +45.8% | +8.1% | +37.7 pp | — |
| 1 year | +25.0% | +10.7% | +14.3 pp | +7.1% |
| 3 years | +19.3% | +50.1% | −30.8 pp | +3.3% |
| 5 years | +42.9% | +43.6% | −0.8 pp | — |
Price returns, dividends excluded.
Quarterly results
ESEF annual reports carry no quarters: the results are annual (below).
E/P over time
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Today's P/E sits at the 67 percentile of its own 3-quarter history (min 4.8, median 5.7, max 8.1; quarters with earnings only).
Fiscal years
| Fiscal year | 2020 | 2021 | 2022 |
|---|---|---|---|
| Revenue | 23.6 m | 38.5 m | 44.1 m |
| Revenue YoY | unavailable | +63.3% | +14.5% |
| Net income | 1.2 m | 3.8 m | 5.1 m |
| Net income YoY | unavailable | +216.6% | +34.4% |
| Diluted EPS | 0.34 | 1.08 | 1.47 |
| Diluted EPS YoY | unavailable | +217.6% | +36.1% |
| net % | 5.1% | 9.9% | 11.6% |
| Free cash flow | unavailable | unavailable | unavailable |
Balance sheet & financial health
Fiscal year 2022 · 31 Dec 2022
- Cash
- 3.3 m PLN
- Financial debt
- unavailable PLN
- Net debt
- unavailable PLN
- Equity
- 17.8 m PLN
- Total assets
- 25.9 m PLN
- Debt / equity
- unavailable
- Current ratio
- 1.89x
- ROE
- 31.4%
- ROA
- 21.0%
- FCF margin
- unavailable
Financial statements (source on every figure)
Revenue and net income (PLN)
Margins
Income statement · PLN
| Line | 2020 | 2021 | 2022 | Source (latest year) |
|---|---|---|---|---|
| Revenue | 23.6 m | 38.5 m | 44.1 m | esef· 02 May 2023verified |
| Operating income | 992.0 k | 4.9 m | 6.4 m | esef· 02 May 2023verified |
| Depreciation & amortisation | 1.0 m | 1.7 m | 1.6 m | esef· 02 May 2023verified |
| EBITDA | 2.0 m ≈ | 6.6 m ≈ | 8.0 m ≈ | esef· 02 May 2023derived |
| Interest expense | 33.0 k | 62.0 k | 133.0 k | esef· 02 May 2023verified |
| Pre-tax income | 959.0 k | 4.8 m | 6.4 m | esef· 02 May 2023verified |
| Income tax | -242.0 k | 1.0 m | 1.2 m | esef· 02 May 2023verified |
| Net income | 1.2 m | 3.8 m | 5.1 m | esef· 02 May 2023verified |
| Diluted EPS | 0.34 | 1.08 | 1.47 | esef· 02 May 2023verified |
≈ computed by olivLaw from the reported lines of the same year: Operating income + Depreciation & amortisation.
Balance sheet · PLN
| Line | 2020 | 2021 | 2022 | Source (latest year) |
|---|---|---|---|---|
| Cash | 4.2 m | 6.0 m | 3.3 m | esef· 02 May 2023verified |
| Receivables | 3.9 m | 6.9 m | 9.3 m | esef· 02 May 2023verified |
| Current assets | 8.0 m | 12.9 m | 12.6 m | esef· 02 May 2023verified |
| Property, plant & equipment, net | 805.0 k | 2.4 m | 1.9 m | esef· 02 May 2023verified |
| Intangibles (excl. goodwill) | 6.2 m | 7.0 m | 11.3 m | esef· 02 May 2023verified |
| Total assets | 15.5 m | 22.7 m | 25.9 m | esef· 02 May 2023verified |
| Current liabilities | 4.5 m | 6.3 m | 6.7 m | esef· 02 May 2023verified |
| Total liabilities | 4.7 m | 8.0 m | 8.0 m | esef· 02 May 2023verified |
| Equity | 10.9 m | 14.7 m | 17.8 m | esef· 02 May 2023verified |
| Shares outstanding at year end | 3.5 m | 3.5 m | 3.5 m | esef· 02 May 2023derived |
Cash flow · PLN
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Efficiency
Market and valuation
1 indicators that do not apply to the sector.
Valuation
olivLaw classification
- indicators available: 4 of at least 6
- score weight coverage: 27.1% of at least 60%
A scoring methodology on indicators and valuation, not investment advice.
Closing price
05 Nov 2026Source: olivLaw, closing series
Market cap: 36.5 m PLN
Key indicators
Coverage and freshness
The data is older than the freshness threshold.
Score by group
27% · Insufficient data
Estimated value range
unavailable — no valuation assumptions for the reporting currency
Valuation assumptions are editorial choices, not measured; beta is not measured.
Valuation methods
Assumptions (illustrative, editorial)
- Risk-free rate
- 6.5%
- Equity risk premium
- 6.0%
- Beta (default)
- 1.00
- Cost of equity
- 12.5%
- Terminal growth
- 3.0%
Factor scorecard
Insufficient data
Minimum-evidence gate: indicators available: 4 of at least 6; score weight coverage: 27.1% of at least 60%
| Factor | Value | Score | Weight used |
|---|---|---|---|
| ROIC · Quality | unavailable | unavailable | — |
| Net margin · Quality | 11.6% | 74 (vs peers) | 23% |
| FCF conversion · Quality | unavailable | unavailable | — |
| Revenue CAGR 3Y · Growth | unavailable | unavailable | — |
| EPS CAGR 3Y · Growth | unavailable | unavailable | — |
| Net debt / EBITDA · Balance sheet | unavailable | unavailable | — |
| Interest coverage · Balance sheet | 48.3x | 100 (on a fixed band) | 23% |
| Current ratio · Balance sheet | 1.9x | 91 (on a fixed band) | 15% |
| P/E (TTM) · Valuation | 7.1x | 74 (vs peers) | 38% |
| EV/EBITDA · Valuation | unavailable | unavailable | — |
| FCF yield · Valuation | unavailable | unavailable | — |
| Shareholder yield (distributions) · Returns | unavailable | unavailable | — |
| Payout ratio (FCF) · Returns | unavailable | unavailable | — |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet96/100 · 2/3 factors with a value
- Growth· partialunavailable · 0/2 factors with a value
- Quality· partial74/100 · 1/3 factors with a value
- Returns· partialunavailable · 0/2 factors with a value
- Valuation· partial74/100 · 1/3 factors with a value
A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.
Memo
Comperia.pl Spółka Akcyjna (CPL.WA). Latest full fiscal year: 2022; data up to 2022-12-31.
Figures computed from the financial statements: revenue 44.1 m PLN in 2022; YoY growth 14.5%; net margin 11.6%; ROE 31.4%.
The estimated value range is 9.37–25.85 PLN per share (median of 1 methods, agreement: single method); assumptions are illustrative. Against the central value of 16.26 PLN, the price of 10.50 PLN leaves a potential of 54.9% (value / price − 1) and a margin of safety of 35.4% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.
Insufficient data for a verdict (indicators available: 4 of at least 6; score weight coverage: 27.1% of at least 60%).
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
- Net margin: 11.6%
- Interest coverage: 48.3x
- Current ratio: 1.9x
- P/E (TTM): 7.1x
What contradicts it
No signal among the computed factors. That is not an absence of risk: factors without data were not assessed, and business risks (margins, inventory, demand) are in the source-based analysis.
Not assessed (insufficient data or a ratio without meaning): ROIC, FCF conversion, Revenue CAGR 3Y, EPS CAGR 3Y, Net debt / EBITDA, EV/EBITDA, FCF yield, Shareholder yield (distributions), Payout ratio (FCF).
Versus the vertical median
Listed companies from Poland · same country · compared with 39 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| BDX.WABudimex Spółka Akcyjna | 19.3 bn | 36.1 | 41.5% | 6.2% | +8.9% | +21% / +36% |
| ACP.WAAsseco Poland S.A. | 19.2 bn | 38.1 | 7.8% | 2.9% | +19.8% | +19% / +202% |
| BFT.WABenefit Systems Spółka Akcyjna | 18.1 bn | 131.1 | 20.8% | 7.2% | +99.9% | +74% / +221% |
| ASE.WAAsseco South Eastern Europe Spółka Akcyjna | 3.7 bn | 19.8 | 18.1% | 12.0% | +36.5% | +7% / +52% |
| 1AT.WAAtal Spółka Akcyjna | 2.3 bn | 6.4 | 29.8% | 22.2% | −1.3% | +7% / +8% |
| ATT.WAGrupa Azoty Spółka Akcyjna | 1.7 bn | — | -37.9% | -20.8% | −45.1% | −10% / −22% |
| ARH.WAArchicom Spółka Akcyjna | 1.3 bn | 12.1 | 15.9% | 22.1% | −21.6% | +13% / +89% |
| ACT.WAAction S.A. | 997.4 m | 27.1 | 8.3% | 1.5% | +6.1% | +70% / +170% |
| BRS.WABoryszew Spółka Akcyjna | 889.2 m | 8.3 | 6.3% | 1.6% | +8.4% | −24% / −26% |
| AGO.WAAgora Spółka Akcyjna | 601.9 m | — | -14.2% | -9.2% | +15.2% | +40% / +21% |
| AMB.WAAmbra S.A. | 468.0 m | 7.6 | 16.4% | 7.0% | +12.9% | +5% / −33% |
| ATC.WAArctic Paper Spółka Akcyjna | 357.2 m | 1.4 | 16.3% | 7.0% | −27.5% | −38% / −75% |
| ATG.WA"atm Grupa Spółka Akcyjna" | 299.3 m | 11.1 | 8.9% | 11.6% | −22.0% | −11% / +3% |
| ART.WAArtifex Mundi S.A. | 226.6 m | 17.4 | 35.7% | 33.3% | +51.9% | +46% / +12% |
| APN.WAAPLISENS Spółka Akcyjna | 194.6 m | 9.5 | 11.4% | 13.8% | +21.8% | −1% / −21% |
| BMC.WABumech Spółka Akcyjna | 155.7 m | — | -3.4% | -3.9% | −40.0% | −37% / −49% |
| ALI.WAALTUS Spolka Akcyjna | 153.9 m | 16.8 | 7.9% | 16.9% | +30.3% | +34% / +48% |
| BBT.WABoomBit Spółka Akcyjna | 71.4 m | 4.5 | 20.7% | 6.4% | −16.5% | −19% / −57% |
| BBD.WABbi Development S.A. | 54.1 m | 1.1 | 36.0% | 208.3% | +50.2% | +1% / +9% |
| ALG.WAAll in! Games Spółka Akcyjna | 39.8 m | — | — | -156.9% | −72.2% | −27% / −56% |
| BMX.WABioMaxima Spółka Akcyjna | 37.0 m | 63.2 | 1.2% | 1.3% | −67.5% | −29% / −45% |
| CPL.WAComperia.pl Spółka Akcyjna | 36.5 m | 7.1 | 31.4% | 11.6% | +14.5% | +33% / +57% |
| 06N.WAMagna Polonia Spółka Akcyjna | 31.3 m | 0.5 | 115.4% | 964.7% | +13.0% | −28% / −42% |
| BCM.WABETACOM Spółka Akcyjna | 26.7 m | 17.6 | 8.0% | 0.9% | +21.3% | +8% / +4% |
| AWM.WAAirway Medix Spółka Akcyjna | 14.3 m | — | -25.8% | -117,400.0% | −97.7% | −23% / −43% |
1- and 3-year price returns: for CPL.WA from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.
Estimated price (PLN)
| Estimated price | Bear | Base | Bull |
|---|---|---|---|
| 1 years | 6.83 Total return -35% · Per year -35% | 12.02 Total return 15% · Per year 15% | 18.04 Total return 72% · Per year 72% |
| 3 years | 8.03 Total return -24% · Per year -9% | 15.76 Total return 50% · Per year 15% | 25.76 Total return 145% · Per year 35% |
| 5 years | 9.44 Total return -10% · Per year -2% | 20.67 Total return 97% · Per year 15% | 36.78 Total return 250% · Per year 28% |
- Exit P/E± 3.94
- Net margin± 2.76
- Annual revenue growth± 2.07
- Annual dilution± 0.23
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
In brief
Comperia.pl S.A. is a comparison platform for financial products that connects customers with financial institutions. In 2022 the group reported a net profit of 5108 thousand zloty, up from the prior year, while investment in assets rose considerably, pointing to sustained platform development.
SWOT
Strengths
- Rising net profit and positive operating cash generation.
- Business model with moderate fixed costs and a simple group structure.
- Relationships with financial institutions and an in-house software application.
Weaknesses
- Dependence on a limited number of revenue streams and on partner relationships.
- Use of treasury share buybacks, which reduced capital available for other uses.
- Limited visibility of traffic and market share data in the annual report.
Opportunities
- Expanding the range of financial products offered on the existing platform.
- Growing sales of licences for the multi-agency application.
- Continued digitalisation of insurance and credit sales.
Threats
- Intense competition from platforms and direct institutional channels.
- Regulatory changes that could affect the commission model.
- Rising cost of acquiring customers through digital campaigns.
Risks
- Dependence on financial partnershigh
Revenue depends on contracts with financial institutions; termination of some could materially reduce commission flow.
- Sector regulationmedium
Changes to legislation on financial intermediation and insurance could affect the business model.
- Cost of traffic acquisitionmedium
If marketing costs rise, operating margin could be compressed.
- Geographic concentration in Polandmedium
Activity is concentrated geographically, which amplifies the effect of local economic developments.
- Liquidity and treasury shareslow
Treasury share purchases reduce capital reserves; a cash shock could limit investment.
Investment thesis
What would need to be true (bull case)
- Net profit rose in 2022 and operating cash flow stayed positive, which could support platform development.
- The digital comparison model could benefit from continued online demand for financial products.
- Licensing the multi-agency application could add recurring revenue if the customer base expands.
What would break the thesis
- Dependence on partner commissions could expose the company to pricing pressure.
- High investment spending and treasury share purchases could limit cash reserves.
- Competition from direct institutional channels could reduce market share if acquisition costs rise.
What to watch
- Trend in net profit and operating cash flow2023
- Level of asset investment and how it is funded2023
- Changes in contracts with partner financial institutionsnext 10-K
- Impact of financial and insurance sector regulation2024
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
The business
Comperia.pl S.A. is a financial product comparison business whose core activity is matching a customer interested in financial products with financial institutions. The group also includes Comperia Ubezpieczenia sp. z o.o., which handles insurance brokerage and licenses an application for managing insurance multi-agencies. The parent is registered in Warsaw and operates as a joint-stock company.
The group structure is simple: a parent company and one fully consolidated subsidiary, with no significant associates. Financial statements are prepared under IFRS as adopted by the European Union and presented in thousands of Polish zloty.
Segments
Comparison platform
The main activity is the financial product comparison site, which directs customers to partner financial institutions.
Insurance brokerage
The subsidiary Comperia Ubezpieczenia provides insurance intermediation, an activity that complements the core comparison offer.
Software licensing
The group licenses an application for managing insurance multi-agencies, a revenue stream separate from commissions.
Market context
The Polish market for financial product comparison is contested by several players, and company results depend heavily on traffic volume and contract terms with partner institutions. The annual report does not give an estimate of market size, so conclusions remain limited to the group's internal development.
Profit growth in 2022 suggests that demand for compared products was supportive, but the sustainability of this trend could depend on customer acquisition costs and financial sector regulation.
Trends
- Rising profitabilitytailwind
Net profit increased from the prior year level, which could indicate better operating efficiency.
- Investment in developmentmixed
Spending on intangible and tangible assets rose, which may support platform expansion but pressures cash flow.
- Demand for digital comparisontailwind
Digitalisation of access to financial products could continue to favour comparison platforms.
- Financial regulationheadwind
Regulatory changes in financial and insurance sectors could alter the commission model and partnership terms.
Competitive position
Comperia.pl competes with other financial product comparison platforms and with direct channels of financial institutions. The supplied sources do not identify competitors in detail, so the analysis stays general.
The company's competitive edge could stem from its partner relationships with financial institutions and its multi-agency management application, though these elements are not quantified in the report reviewed.
- Polish comparison platforms
Local competitors offering loan and insurance comparison to the same customer base.
- Bank direct channels
Financial institutions selling their products directly to customers without an intermediary.
- Insurance brokers
Intermediaries competing in the group's insurance segment.
- International financial aggregators
Platforms that could enter the Polish market through acquisitions or partnerships.
News & filings
In the press
No news in our archive over the last 180 days.
Annual reports (ESEF)
- Annual report 202202 May 2023
- Annual report 202122 Mar 2022
Sources
- [1] Annual report, fiscal year ended 2022-12-31 (ESEF) · SEC / Comperia.pl S.A. · 31 Dec 2022
Figures computed by olivLaw from ESEF annual reports and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.