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Poland's largest online marketplace, connecting third-party merchants with consumers for general merchandise e-commerce.
Poland's largest online marketplace, connecting third-party merchants with consumers for general merchandise e-commerce.
Earns commissions on sales by third-party merchants and advertising fees from sellers who pay for visibility, plus fees from its buy-now-pay-later product, while a Smart! free-delivery membership keeps shoppers returning. It listed in Warsaw in 2020 and bought the Czech retailer Mall Group in 2022 to widen beyond Poland.
In one line: Poland's eBay/Amazon Marketplace.
Moat: narrow (network effects, scale, brand). Dominant Polish marketplace brand with the deepest seller/buyer base in the region.
Headquarters: Warsaw, Poland · Founded: 2000 · Employees: 5,754
Size Allegro.eu (ALE.WA) is a Poland Consumer Discretionary company (Apparel/Footwear Retail) with a market value of $15.5B, the 8th largest of 83 Poland companies the cockpit tracks. Shares closed at PLN 59.80 on 6 Nov 2026.
Performance Over six months the shares gained 96.8%, against +9.2% for the median peer and +14.3% for the Poland market (cap-weighted) — 2nd highest of 16 in its peer set.
Growth Revenue grew 8.0% over the last twelve months (peer median +11.0%); the operating margin is 19.5% (peer median 9.8%).
Valuation It trades at 30.8× forward earnings against a peer median of 16.6× (3rd most expensive of 15).
Price implies For today's price to make sense, revenue must grow about 22% a year for seven years (Req g). Recent delivered growth is +23%, so the hurdle is -1 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 2.9 points above its cost of capital (11.9% WACC).
Next results Next results expected around 10 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | PLN 12.1B | PLN 11.5B | PLN 10.4B | PLN 10.2B | PLN 9.00B |
| Revenue growth | — | +11% | +2% | +13% | — |
| Gross profit | PLN 7.07B | PLN 6.47B | PLN 5.47B | PLN 4.33B | PLN 3.58B |
| EBITDA | PLN 3.39B | PLN 3.12B | PLN 2.80B | PLN 2.40B | PLN 2.10B |
| Net income | PLN 1.80B | PLN 1.52B | PLN 1.03B | PLN 284M | -PLN 1.92B |
| Free cash flow | PLN 2.39B | PLN 2.17B | PLN 2.59B | PLN 1.49B | PLN 638M |
| Capital expenditure | PLN 1.06B | PLN 942M | PLN 619M | PLN 470M | PLN 722M |
| Total debt | n/a | PLN 5.87B | PLN 6.54B | PLN 6.69B | PLN 7.14B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Allegro.eu ALE.WA | $15.5B | +97% | +8% | 20% | 30.8× | 22.1% |
| Amazon AMZN | $2.80T | -5% | +15% | 13% | 26.3× | n/a |
| eBay EBAY | $53.5B | +14% | +15% | 21% | 18.4× | 15.4% |
| Baba-w 9988.HK | $266B | -25% | +8% | 4% | 16.4× | n/a |
| Zalando ZAL.DE | $7.64B | +42% | +18% | 4% | 19.6× | 7.6% |
| Prosus PRX.AS | $83.9B | -3% | +45% | 3% | 10.1× | 55.8% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | ALE.WA | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +18.6% | +6.5% | 3rd highest of 16 |
| 6-month return | +96.8% | +9.2% | 2nd highest of 16 |
| Distance from 52-week high | -2.2% | -11.2% | 3rd highest of 16 |
| Revenue growth (TTM) | +8.0% | +11.0% | 6th lowest of 16 |
| Operating margin | 19.5% | 9.8% | 2nd highest of 16 |
| Forward P/E | 30.8× | 16.6× | 3rd most expensive of 15 |
| Growth the price implies (Req g, 7 yrs) | 22.1% | 11.7% | 3rd most demanding of 15 |
| Growth delivered (Del g) | +23.4% | +13.6% | 4th highest of 15 |
| Hurdle (Req g minus delivered) | -1.4 pp | -4.9 pp | 7th most demanding of 15 |
| ROIC minus cost of capital | +2.9 pp | +4.9 pp | 8th lowest of 16 |
| EV / EBITDA | 18.5× | 10.8× | 4th most expensive of 15 |
| Net debt / EBITDA | 0.5× | 1.2× | 4th least indebted of 15 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Allegro.eu ALE.WA | Poland | $15.5B | +97% | +8% | 20% | 30.8× | 22.1% | +23.4% |
| Burlington Stores BURL | United States | $15.5B | -19% | +11% | 8% | 20.5× | 18.2% | +14.9% |
| Trent TRENT.NS | India | $17.4B | +8% | +18% | 12% | 75.1× | 60.1% | +50.6% |
| Lpp LPP.WA | Poland | $13.0B | +36% | +15% | 13% | 17.4× | 17.5% | +24.1% |
| Aritzia ATZ.TO | Canada | $12.5B | +9% | +40% | 16% | 27.1× | 22.0% | +34.0% |
| Meesho MEESHO.NS | India | $11.4B | +17% | +34% | -9% | n/a | n/a | n/a |
| Tapestry TPR | United States | $26.4B | 0% | +14% | 24% | 15.8× | 9.0% | +6.9% |
| Victoria's Secret & VSXY | United States | $8.62B | +125% | +10% | 8% | 21.4× | 20.0% | +3.9% |
| H&M Hennes & Mauritz HM-B.ST | Sweden | $29.1B | +12% | -4% | 9% | 22.3× | 4.5% | +4.1% |
| Gap GAP | United States | $7.55B | -8% | +1% | 11% | 8.4× | -2.3% | +2.2% |
| Urban Outfitters URBN | United States | $7.26B | +18% | +11% | 10% | 13.1× | 6.9% | +12.3% |
| Abercrombie & Fitch ANF | United States | $6.35B | +57% | +5% | 14% | 12.1× | -2.7% | +11.0% |
| JD Sports Fashion JD..L | United Kingdom | $6.03B | +37% | +2% | 7% | 9.0× | 1.4% | +15.5% |
| SHIMAMURA 8227.T | Japan | $4.69B | +2% | +5% | 9% | 14.3× | -9.9% | +5.2% |
| Vishal Mega Mart VMM.NS | India | $4.67B | -25% | +18% | 9% | 43.8× | 32.3% | +19.4% |
| Boot Barn BOOT | United States | $3.92B | -20% | +17% | 14% | 14.6× | 14.3% | +20.3% |