ZAP Relative Valuation - Grupa Azoty Zaklady Azotowe Pulawy SA - Alpha Spread
G

Grupa Azoty Zaklady Azotowe Pulawy SA
WSE:ZAP

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Grupa Azoty Zaklady Azotowe Pulawy SA
WSE:ZAP
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Price: 49 PLN -3.54% Market Closed
Market Cap: 936.6m PLN
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Relative Value

The Relative Value of one ZAP stock under the Base Case scenario is 60.9 PLN. Compared to the current market price of 49 PLN, Grupa Azoty Zaklady Azotowe Pulawy SA is Undervalued by 20%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

ZAP Relative Value
Base Case
60.9 PLN
Undervaluation 20%
Relative Value
Price
G
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
68
vs Industry
91
Median 3Y
0.2
Median 5Y
0.3
Industry
1.4
vs History
vs Industry
71
Median 3Y
1.3
Median 5Y
4.6
Industry
20.6
vs History
98
vs Industry
77
Median 3Y
0.6
Median 5Y
0.7
Industry
12.4
vs History
vs Industry
50
Median 3Y
3
Median 5Y
5.3
Industry
20
vs History
95
vs Industry
91
Median 3Y
0.4
Median 5Y
0.4
Industry
1.5
vs History
47
vs Industry
90
Median 3Y
0.2
Median 5Y
0.2
Industry
1.5
vs History
9
vs Industry
21
Median 3Y
0.7
Median 5Y
1.2
Industry
6.8
vs History
vs Industry
79
Median 3Y
0.5
Median 5Y
1.2
Industry
13.1
vs History
vs Industry
76
Median 3Y
0.3
Median 5Y
1.4
Industry
17.2
vs History
80
vs Industry
76
Median 3Y
0.4
Median 5Y
0.6
Industry
13.4
vs History
71
vs Industry
53
Median 3Y
0.5
Median 5Y
0.5
Industry
19.2
vs History
68
vs Industry
91
Median 3Y
0.2
Median 5Y
0.2
Industry
1.2

Multiples Across Competitors

ZAP Competitors Multiples
Grupa Azoty Zaklady Azotowe Pulawy SA Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
PL
Grupa Azoty Zaklady Azotowe Pulawy SA
WSE:ZAP
936.6m PLN 0.2 -1.9 -5.4 -2.2
US
Corteva Inc
NYSE:CTVA
39.9B USD 2.4 44.5 12.6 19.8
CA
Nutrien Ltd
NYSE:NTR
23.3B USD 0.9 29.5 6.7 11.9
US
CF Industries Holdings Inc
NYSE:CF
14.7B USD 2.5 14 6.2 9.6
SA
SABIC Agri-Nutrients Company SJSC
SAU:2020
53.8B SAR 5 15.1 9.8 12.5
CN
Qinghai Salt Lake Industry Co Ltd
SZSE:000792
78.7B CNY 4.2 15.7 9.7 9.7
CL
Sociedad Quimica y Minera de Chile SA
NYSE:SQM
10.6B USD 1 2.7 1.9 1.9
RU
PhosAgro PAO
LSE:PHOR
10.2B USD 2 9.6 6.2 7.9
IN
PI Industries Ltd
NSE:PIIND
715.4B INR 9.1 40.9 32 37.4
US
Mosaic Co
NYSE:MOS
8.2B USD 0.7 33.4 6.5 14.4
US
FMC Corp
NYSE:FMC
7.7B USD 1.9 5.6 16.6 22.6

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