QM · rank #7 · 2026-09-08
GPW
GPW · PLN · $1.06B (USD)
The exact numbers the algorithm saw.
| Momentum 12-1 Return from 12 months ago to 1 month ago. | +84.58% |
|---|---|
| ROE TTM Return on equity, trailing 12 months. | +20.1% |
| Profit margin Net profit margin, trailing 12 months. | +35.9% |
| Market cap (USD) Size filter: > $300M required (USD-equivalent). | $1.06B |
| Anchor (recent) Close on 2026-08-07 | $106.50 |
| Anchor (far) Close on 2025-08-08 | $57.70 |
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 Poland's primary regulated stock and derivatives exchange, monetizing trading, listing, and post-trade fee streams underpinned by a statutory exchange license and network effects.
Rationale
Record H1 2026 results (revenue +17.3% YoY, net profit +18.2% YoY) and strong 2025 FCF growth directly validate the quality_momentum screen — ROE of ~20% and 36% profit margins are durable, not cyclical noise, given GPW's fee-based monopoly structure.
Material risks
- 1Transaction-linked revenues are volume-dependent, and a domestic policy shock or global risk-off episode could sharply compress the earnings momentum that drives the entire thesis.
- 2GPW WATS rollout execution risk — delays or operational failures could trigger regulatory scrutiny, erode market confidence, and inflate capex beyond the already-elevated PLN 75m 2025 baseline.
AI verdict council
Each pick is reviewed independently by 3 models before any order. 3 of 3 voted to proceed.