QM · rank #7 · 2026-10-22
GPW
GPW · PLN · $1.13B (USD)
The exact numbers the algorithm saw.
| Momentum 12-1 Return from 12 months ago to 1 month ago. | +77.62% |
|---|---|
| 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). | $1.13B |
| Anchor (recent) Close on 2026-09-22 | $100.00 |
| Anchor (far) Close on 2025-09-22 | $56.30 |
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 sole national stock and commodity exchange, generating revenue from trading fees, market data, listings, and the TGE energy marketplace.
Rationale
Record H1 2026 results with 17.3% revenue growth, 20% EBITDA expansion, 27.4% Main Market turnover surge, and a 60.1% September share-turnover spike directly validate both the momentum signal (0.78) and the quality metrics (ROE 20%, margin 36%) as fundamentally grounded rather than sentiment-only.
Material risks
- 1Earnings are highly levered to equity turnover velocity — a reversal in Polish retail participation, foreign capital flows, or market sentiment could sharply compress financial-market revenue (73% of H1 mix) with no order backlog or contracted revenue to cushion the drawdown.
- 2TGE commodity revenue already declined 7% in Q2 on weak gas and energy-forward liquidity, and the proprietary WATS platform introduces fresh operational and cybersecurity tail risk despite the smooth October go-live.
AI verdict council
Each pick is reviewed independently by 3 models before any order. 3 of 3 voted to proceed.