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Polski Koncern Naftowy Orlen SA
WSE:PKN

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Polski Koncern Naftowy Orlen SA
WSE:PKN
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Price: 132.92 PLN 1.53% Market Closed
Market Cap: zł154.3B

EV/IC

0.8
Current
98%
More Expensive
vs 3-y average of 0.4

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
0.8
=
Enterprise Value
zł140.5B
/
Invested Capital
zł208.5B

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
0.8
=
Enterprise Value
zł140.5B
/
Invested Capital
zł208.5B

Valuation Scenarios

Polski Koncern Naftowy Orlen SA is trading above its 3-year average

If EV/IC returns to its 3-Year Average (0.4), the stock would be worth zł67 (50% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-50%
Maximum Upside
+13%
Average Downside
26%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 0.8 zł132.92
0%
3-Year Average 0.4 zł67
-50%
5-Year Average 0.4 zł72.07
-46%
Industry Average 0.6 zł106.13
-20%
Country Average 0.9 zł150.31
+13%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
Close
Market Cap EV/IC P/E
PL
Polski Koncern Naftowy Orlen SA
WSE:PKN
154.3B PLN 0.8 13.9
JP
Fuji Oil Co Ltd
F:ACK
77.2T EUR 46 159.9 -1 805 607.9
IN
Reliance Industries Ltd
NSE:RELIANCE
19.4T INR 1.2 23.5
US
Valero Energy Corp
NYSE:VLO
73.8B USD 1.8 31.6
US
Marathon Petroleum Corp
NYSE:MPC
72.6B USD 1.5 18
US
Phillips 66
NYSE:PSX
70.7B USD 1.4 16.1
PL
Orlen SA
PSE:PKN
886.7B CZK 0.8 13.7
FI
Neste Oyj
OMXH:NESTE
22.6B EUR 2.5 156.7
JP
ENEOS Holdings Inc
TSE:5020
3.6T JPY 0.7 19.3
IN
Indian Oil Corporation Ltd
NSE:IOC
2T INR 0.5 5.5
TW
Formosa Petrochemical Corp
TWSE:6505
537.3B TWD 1.5 54.4

Market Distribution

In line with most companies in Poland
Percentile
42nd
Based on 454 companies
42nd percentile
0.8
Low
0 — 0.6
Typical Range
0.6 — 1.9
High
1.9 —
Distribution Statistics
Poland
Min 0
30th Percentile 0.6
Median 0.9
70th Percentile 1.9
Max 116.3

Polski Koncern Naftowy Orlen SA
Glance View

Polski Koncern Naftowy Orlen SA, commonly known as PKN Orlen, stands as a formidable pillar in Poland's energy sector, cutting an imposing figure across Central Europe. Born from the merger of CPN and Petrochemia Płocka in 1999, Orlen has molded itself into a diversified energy titan. The company’s strategy is deeply rooted in its extensive portfolio, which encompasses refining, petrochemical production, and fuel retail. Orlen’s core operations lie in refining crude oil into high-quality fuels and oil products—such as gasoline, diesel, and jet fuel—which it markets across a vast network of service stations in Poland and several neighboring countries. This extensive distribution chain not only allows Orlen to capitalize on its refined products but also to establish a strong brand presence through convenience stores and other ancillary services at its retail outlets. Orlen’s revenues are intricately linked to its expansive value chain that stretches from upstream operations, including oil exploration and production, to intricate petrochemical processes. The company's significant investment in its petrochemical operations enables it to produce various chemicals and plastics, catering to diverse industries ranging from automotive to construction. Moreover, Orlen astutely leverages its strategic independence through a range of energy products, building resilience against market volatility. By investing in clean energy and alternative fuels, the company is also orchestrating a careful diversification of its income streams, steering towards sustainability amidst a global push for greener practices. This ongoing innovation not only drives profit margins but also positions PKN Orlen as a central player in the evolving landscape of the global energy market.

PKN Intrinsic Value
84.71 PLN
Overvaluation 36%
Intrinsic Value
Price zł132.92
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