Grupa Forte (FTE.WA) Stock Price

Grupa Forte Price

GPW·CLOSED
16.90PLN+0.30 (+1.79 %)
Market closed

Over the last 19 years Grupa Forte grew revenue by 5.0% annually, reaching 1.10 B PLN. Earnings per share have grown at 7.5% per year over the last 19 years. For Grupa Forte, the net margin of 4.6% is down versus 8.4% a few years ago. At today's price the dividend yield works out to roughly 11.83%. The payout ratio is around 53% of earnings. The dividend has grown at 15.5% per year over the past 16 years. The consensus 12-month price target for Grupa Forte is 31.45 PLN, about 86.1% above where the stock trades today. Of 6 analysts, 4 rate the stock a buy — an overall Buy consensus. The stock trades about 2% above its 52-week low.

Grupa Forte stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Grupa Forte over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Grupa Forte stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Grupa Forte's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Grupa Forte Stock Price History
DateGrupa Forte Price
7/23/202616.90 PLN
7/22/202616.60 PLN
7/21/202616.90 PLN
7/20/202617.10 PLN
7/17/202617.60 PLN
7/16/202617.50 PLN
7/15/202617.40 PLN
7/14/202617.55 PLN
7/13/202617.70 PLN
7/10/202617.70 PLN
7/9/202617.85 PLN
7/8/202617.95 PLN
7/7/202617.80 PLN
7/6/202617.80 PLN
7/3/202617.60 PLN
7/2/202617.60 PLN
7/1/202617.80 PLN
6/30/202617.90 PLN
6/29/202617.85 PLN
6/26/202618.40 PLN
6/25/202618.85 PLN
6/24/202618.90 PLN
6/23/202618.95 PLN
6/22/202619.00 PLN
6/19/202618.90 PLN
6/18/202619.00 PLN
6/17/202618.90 PLN
6/16/202618.85 PLN
6/15/202618.95 PLN
6/12/202618.95 PLN
6/11/202619.00 PLN
6/10/202618.90 PLN
6/9/202618.90 PLN
6/8/202618.75 PLN
6/5/202618.75 PLN
6/3/202618.75 PLN
6/2/202618.80 PLN
6/1/202618.80 PLN
5/29/202619.10 PLN
5/28/202619.00 PLN
5/27/202619.20 PLN
5/26/202619.60 PLN
5/25/202619.50 PLN
5/22/202619.65 PLN
5/21/202619.60 PLN
5/20/202619.65 PLN
5/19/202619.90 PLN
5/18/202619.90 PLN
5/15/202619.90 PLN
5/14/202620.00 PLN
5/13/202620.00 PLN
5/12/202619.95 PLN
5/11/202620.00 PLN
5/8/202619.95 PLN
5/7/202619.95 PLN
5/6/202620.00 PLN
5/5/202619.95 PLN
5/4/202620.00 PLN
4/30/202619.95 PLN
4/29/202619.85 PLN
4/28/202620.00 PLN
4/27/202620.00 PLN
4/24/202620.00 PLN
4/23/202620.20 PLN
4/22/202620.50 PLN
4/21/202621.10 PLN
4/20/202621.20 PLN
4/17/202621.70 PLN
4/16/202621.40 PLN
4/15/202620.70 PLN
4/14/202620.40 PLN
4/13/202620.30 PLN
4/10/202620.50 PLN
4/9/202621.00 PLN
4/8/202620.70 PLN
4/7/202620.50 PLN
4/2/202620.60 PLN
4/1/202620.70 PLN
3/31/202620.70 PLN
3/30/202620.60 PLN
3/27/202620.80 PLN
3/26/202621.00 PLN
3/25/202621.00 PLN
3/24/202620.60 PLN
3/23/202621.50 PLN
3/20/202622.20 PLN
3/19/202622.30 PLN
3/18/202622.10 PLN
3/17/202622.30 PLN
3/16/202622.30 PLN
3/13/202622.30 PLN
3/12/202621.60 PLN
3/11/202621.90 PLN
3/10/202621.90 PLN
3/9/202621.40 PLN
3/6/202621.90 PLN
3/5/202622.30 PLN
3/4/202622.40 PLN
3/3/202621.60 PLN
3/2/202622.10 PLN
2/27/202622.20 PLN
2/26/202622.40 PLN
2/25/202622.40 PLN
2/24/202622.40 PLN
2/23/202622.60 PLN
2/20/202622.50 PLN
2/19/202623.00 PLN
2/18/202623.50 PLN
2/17/202623.50 PLN
2/16/202623.50 PLN
2/13/202623.90 PLN
2/12/202623.90 PLN
2/11/202624.00 PLN
2/10/202623.80 PLN
2/9/202623.50 PLN
2/6/202623.20 PLN
2/5/202623.40 PLN
2/4/202623.40 PLN
2/3/202623.10 PLN
2/2/202624.60 PLN
1/30/202624.80 PLN
1/29/202624.70 PLN
1/28/202624.60 PLN
1/27/202625.00 PLN
1/26/202626.60 PLN
1/23/202626.70 PLN
1/22/202626.60 PLN
1/21/202625.70 PLN
1/20/202625.20 PLN
1/19/202624.70 PLN
1/16/202625.10 PLN
1/15/202625.50 PLN
1/14/202625.10 PLN
1/13/202624.90 PLN
1/12/202625.00 PLN
1/9/202625.30 PLN
1/8/202625.50 PLN
1/7/202625.90 PLN
1/5/202625.40 PLN
1/2/202624.60 PLN
12/30/202523.60 PLN
12/29/202523.50 PLN
12/23/202523.50 PLN
12/22/202522.90 PLN
12/19/202523.30 PLN
12/18/202523.50 PLN
12/17/202523.30 PLN
12/16/202523.20 PLN
12/15/202522.80 PLN
12/12/202522.20 PLN
12/11/202522.20 PLN
12/10/202523.20 PLN
12/9/202522.70 PLN
12/8/202520.50 PLN
12/5/202520.80 PLN
12/4/202520.60 PLN
12/3/202520.80 PLN
12/2/202521.30 PLN
12/1/202522.40 PLN
11/28/202523.90 PLN
11/27/202523.90 PLN
11/26/202523.90 PLN
11/25/202523.50 PLN
11/24/202523.50 PLN
11/21/202523.50 PLN
11/20/202524.10 PLN
11/19/202524.40 PLN
11/18/202524.10 PLN
11/17/202524.50 PLN
11/14/202525.20 PLN
11/13/202525.30 PLN
11/12/202525.40 PLN
11/10/202525.00 PLN
11/7/202525.50 PLN
11/6/202525.70 PLN
11/5/202525.70 PLN
11/4/202525.80 PLN
11/3/202526.20 PLN
10/31/202526.10 PLN
10/30/202526.10 PLN
10/29/202526.30 PLN
10/28/202526.50 PLN
10/27/202526.40 PLN
10/24/202526.40 PLN
10/23/202526.60 PLN
10/22/202526.60 PLN
10/21/202526.00 PLN
10/20/202526.10 PLN
10/17/202525.30 PLN
10/16/202525.20 PLN
10/15/202525.50 PLN
10/14/202525.60 PLN
10/13/202526.00 PLN
10/10/202526.40 PLN
10/9/202526.60 PLN
10/8/202526.80 PLN
10/7/202527.30 PLN
10/6/202527.00 PLN
10/3/202526.10 PLN
10/2/202526.00 PLN
10/1/202525.80 PLN
9/30/202525.80 PLN
9/29/202526.40 PLN
9/26/202526.80 PLN
9/25/202526.90 PLN
9/24/202527.00 PLN
9/23/202527.70 PLN
9/22/202527.90 PLN
9/19/202526.50 PLN
9/18/202526.80 PLN
9/17/202527.90 PLN
9/16/202528.60 PLN
9/15/202529.00 PLN
9/12/202528.80 PLN
9/11/202528.80 PLN
9/10/202529.00 PLN
9/9/202529.30 PLN
9/8/202528.70 PLN
9/5/202528.70 PLN
9/4/202528.80 PLN
9/3/202528.90 PLN
9/2/202528.80 PLN
9/1/202528.80 PLN
8/29/202529.80 PLN
8/28/202529.70 PLN
8/27/202528.90 PLN
8/26/202530.30 PLN
8/25/202529.90 PLN
8/22/202529.40 PLN
8/21/202529.40 PLN
8/20/202528.40 PLN
8/19/202527.70 PLN
8/18/202527.30 PLN
8/14/202527.50 PLN
8/13/202527.30 PLN
8/12/202527.90 PLN
8/11/202528.00 PLN
8/8/202528.10 PLN
8/7/202528.40 PLN
8/6/202528.40 PLN
8/5/202528.30 PLN
8/4/202528.50 PLN
8/1/202528.20 PLN
7/31/202528.30 PLN
7/30/202527.60 PLN
7/29/202527.90 PLN
7/28/202528.30 PLN
Access this data via the Eulerpool API

Grupa Forte Revenue, EBIT, Net Income

  • 3 Years

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  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2022
1.27 B PLN
86.96 M PLN
89.54 M PLN
Jan 1, 2023
1.60 B PLN
62.31 M PLN
88.15 M PLN
Jan 1, 2024
1.03 B PLN
-14.57 M PLN
-60.61 M PLN
Jan 1, 2025
1.10 B PLN
59.35 M PLN
50.19 M PLN
Jan 1, 2028 (e)
1.13 B PLN
93.07 M PLN
0.00 PLN
Jan 1, 2029 (e)
1.28 B PLN
113.59 M PLN
0.00 PLN
Jan 1, 2030 (e)
1.35 B PLN
128.03 M PLN
0.00 PLN
Jan 1, 2031 (e)
1.42 B PLN
0.00 PLN
0.00 PLN

Grupa Forte Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jul 25, 2026, 9:47 PM
 
REVENUEB PLN
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM PLN
EBITM PLN
EBIT MARGIN%
NET INCOMEM PLN
NET INCOME GROWTH%
DIV.PLN
DIV. GROWTH%
SHARESM
2014201520162017201820192020202120222023202420252028e2029e2030e2031e
0.820.951.091.101.111.181.161.331.271.601.031.101.131.281.351.42
23.4216.0614.260.551.006.23-1.3614.31-4.0025.53-35.546.892.4513.835.305.25
36.2536.2739.0835.9533.2435.7140.8640.6532.2131.6029.8134.8834.8834.8834.8834.88
298.00346.00426.00394.00368.00420.00474.00539.00410.00505.00307.00384.00393.42447.83471.54496.31
93.00103.00142.00100.0071.0091.00147.00187.0086.0062.00-14.0059.0093.00113.00128.00
11.3110.8013.039.126.417.7412.6714.106.763.88-1.365.368.248.809.47
75.0084.00104.0077.00145.0035.0049.00110.0089.0088.00-60.0050.00
31.5812.0023.81-25.9688.31-75.8640.00124.49-19.09-1.12-168.18-183.33
1.502.001.000.204.002.002.122.242.38
57.8933.33-50.00-80.00-50.005.666.25
23.7523.7823.9023.9323.9323.9323.9323.9323.9323.9323.9323.9023.9023.9023.9023.90
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Grupa Forte generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Grupa Forte retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Grupa Forte's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Grupa Forte has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Grupa Forte's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Grupa Forte stock margins

The Grupa Forte margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Grupa Forte. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Grupa Forte.
  • 3 Years

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  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
40.63 %
14.13 %
8.35 %
Jan 1, 2022
32.25 %
6.83 %
7.03 %
Jan 1, 2023
31.60 %
3.90 %
5.51 %
Jan 1, 2024
29.80 %
-1.41 %
-5.88 %
Jan 1, 2025
34.87 %
5.39 %
4.56 %
Jan 1, 2028 (e)
34.87 %
8.24 %
0.00 %
Jan 1, 2029 (e)
34.87 %
8.85 %
0.00 %
Jan 1, 2030 (e)
34.87 %
9.47 %
0.00 %

Grupa Forte Stock Revenue, EBIT, Earnings per Share

The Grupa Forte earnings per share therefore indicates how much revenue Grupa Forte has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
55.45 PLN
7.83 PLN
4.63 PLN
Jan 1, 2022
53.23 PLN
3.63 PLN
3.74 PLN
Jan 1, 2023
66.79 PLN
2.60 PLN
3.68 PLN
Jan 1, 2024
43.07 PLN
-0.61 PLN
-2.53 PLN
Jan 1, 2025
46.08 PLN
2.48 PLN
2.10 PLN
Jan 1, 2028 (e)
47.18 PLN
3.89 PLN
0.00 PLN
Jan 1, 2029 (e)
53.66 PLN
4.75 PLN
0.00 PLN
Jan 1, 2030 (e)
56.50 PLN
5.36 PLN
0.00 PLN

Grupa Forte business model & stock analysis

Grupa Forte Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Grupa Forte historical P/E ratio, EBIT multiple, and P/S ratio

Grupa Forte annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Grupa Forte shares outstanding

The number of shares of Grupa Forte was 23.9 M in 2025. This indicates how many shares Grupa Forte is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

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  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
23.93 M Stocks
Jan 1, 2022
23.93 M Stocks
Jan 1, 2023
23.93 M Stocks
Jan 1, 2024
23.93 M Stocks
Jan 1, 2025
23.90 M Stocks
Jan 1, 2028 (e)
23.90 M Stocks
Jan 1, 2029 (e)
23.90 M Stocks
Jan 1, 2030 (e)
23.90 M Stocks

Grupa Forte Dividend History

16 years of dividend payments

YearAnnual DividendYoY ChangePayments
20222.00PLN 50.0%
20214.00PLN 1,900.0%
20170.20PLN 80.0%
20161.00PLN 50.0%
20152.00PLN 33.3%
20141.50PLN 57.9%
20130.95PLN 26.7%
20120.75PLN 0.0%
20110.75PLN 25.0%
20101.00PLN 900.0%

Grupa Forte dividend payout ratio

In 2025, Grupa Forte had a payout ratio of 64.07%. The payout ratio indicates the percentage of the company's profits that Grupa Forte distributes as dividends.
  • 3 Years

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  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
86.37 %
Jan 1, 2022
53.45 %
Jan 1, 2023
69.12 %
Jan 1, 2024
69.65 %
Jan 1, 2025
64.07 %
Jan 1, 2028 (e)
67.62 %
Jan 1, 2029 (e)
67.11 %
Jan 1, 2030 (e)
66.27 %

Current Grupa Forte forecasts and price targets in July 2026

Analyst Price Targets 2026
Δ MOM Price Target
3.96 %
Buy66.67 % (4)
Hold33.33 % (2)
Sell0.00 % (0)
12M Price Target
31.45
Last Price
16.35
Currency
PLN
12M Return Potential
92.33 %
LTM Return
0 %

Grupa Forte shareholder structure

% Name
43.22685%
Formanowicz (Maciej & Anna)
Formanowicz (Maciej & Anna)
14.43473%
PTE Allianz Polska S.A.
PTE Allianz Polska S.A.
11.52281%
Powszechne Towarzystwo Emerytalne PZU SA
Powszechne Towarzystwo Emerytalne PZU SA
7.55955%
Goldman Sachs Towarzystwo Funduszy Inwestycyjnych SA
Goldman Sachs Towarzystwo Funduszy Inwestycyjnych SA
1.07732%
Norges Bank Investment Management (NBIM)
Norges Bank Investment Management (NBIM)
0.75553%
Dimensional Fund Advisors, L.P.
Dimensional Fund Advisors, L.P.

Grupa Forte Executives and Management Board

KD

Mr. Klaus Dahlem

Member of the Management Board for Investments, Purchasing, Technology, Research and Development

Compensation1.10 M PLN
AD

Mr. Andreas Disch

Member of the Management Board for Sales and Marketing

Compensation947,000.00 PLN
MG

Mr. Mariusz Gazda

Member of the Management Board for Finance and Controlling

Compensation848,000.00 PLN
MF

Ms. Maria Florczuk

President of the Management Board · since 2023

Compensation765,000.00 PLN
BW

Mr. Bernard Wozniak

Independent Vice Chairman of the Supervisory Board

Compensation60,000.00 PLN

Frequently asked questions about Grupa Forte

Analysts currently set an average price target of 31.45 PLN for the Grupa Forte stock (median: 31.45 PLN), implying +92.3 % versus the latest price. The consensus is based on 6 analyst ratings.

All fundamentals and in-depth analysis of Grupa Forte

Our stock analysis for Grupa Forte stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Grupa Forte. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.