QM · rank #8 · 2026-07-22
GPW
GPW · PLN · $1.17B (USD)
The exact numbers the algorithm saw.
| Momentum 12-1 Return from 12 months ago to 1 month ago. | +81.66% |
|---|---|
| ROE TTM Return on equity, trailing 12 months. | +18.6% |
| Profit margin Net profit margin, trailing 12 months. | +36.4% |
| Market cap (USD) Size filter: > $300M required (USD-equivalent). | $1.17B |
| Anchor (recent) Close on 2026-06-22 | $85.20 |
| Anchor (far) Close on 2025-06-20 | $46.90 |
The AI research card
Independent qualitative review of each pick before the order is placed. On the rare day the research service is unavailable, the paper book trades on the quant ranking alone and no card appears here.
Summary
GPW operates the Warsaw Stock Exchange and related market infrastructure, earning fees from equity trading, commodity markets, listings, and data services as Poland's sole regulated domestic exchange operator.
Rationale
The momentum signal (0.82) is reinforced by a genuine fundamental acceleration — Q1 2026 revenue +27.5% YoY, net margin above 41%, and ROE of 18.6% confirm that price strength reflects real earnings momentum rather than sentiment alone.
Material risks
- 1Revenue is structurally volume-dependent with no contracted order backlog, meaning any reversal in Polish equity or commodity market activity (the commodity segment alone surged ~70% YoY) could sharply compress margins and break the momentum leg of the thesis.
- 2Regulatory or tax changes in Poland or the EU targeting exchange economics, clearing fees, or market data pricing could structurally impair the fee-capture model that underpins the quality metrics.
AI verdict council
Each pick is reviewed independently by 3 models before any order. 3 of 3 voted to proceed.