Best Polish Stocks: October 2026
Quality 94: ROIC in the top 5% of its sector and high gross profitability. Value 76: cheap on P/E and cheap on EV/EBITDA. Momentum 52: near its 52-week high.
October 2026 edition · data as of ·6 new, 6 out, biggest climb VOX.WA since September·Next edition forms ·How we score stocks·How past rankings did·All Poland stocks, refreshed daily
Top 25 Polish Stocks by StockRank
- New in October 2026: Huuuge, Inc. HUG.WA, Energa SA ENG.WA, Torpol S.A. TOR.WA, Mennica Polska S.A. MNC.WA, Murapol S.A. MUR.WA, Vercom S.A. VRC.WA
- Dropped out: Unimot S.A. UNT.WA, Asseco Poland S.A. ACP.WA, Mo-BRUK S.A. MBR.WA, MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság MOL.WA, Asseco South Eastern Europe S.A. ASE.WA, Tire Company Debica S.A. DBC.WA
- Biggest climbs: Voxel S.A. VOX.WA #25 to #13, BEST S.A. BST.WA #16 to #7, Auto Partner SA APR.WA #20 to #14
- Biggest falls: ENEA S.A. ENA.WA #8 to #24, Zespól Elektrocieplowni Wroclawskich KOGENERACJA S.A. KGN.WA #2 to #10, Orlen S.A. PKN.WA #10 to #18
What changed since September: 6 new, 6 out
- New in October 2026: Huuuge, Inc. HUG.WA, Energa SA ENG.WA, Torpol S.A. TOR.WA, Mennica Polska S.A. MNC.WA, Murapol S.A. MUR.WA, Vercom S.A. VRC.WA
- Dropped out: Unimot S.A. UNT.WA, Asseco Poland S.A. ACP.WA, Mo-BRUK S.A. MBR.WA, MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság MOL.WA, Asseco South Eastern Europe S.A. ASE.WA, Tire Company Debica S.A. DBC.WA
- Biggest climbs: Voxel S.A. VOX.WA #25 to #13, BEST S.A. BST.WA #16 to #7, Auto Partner SA APR.WA #20 to #14
- Biggest falls: ENEA S.A. ENA.WA #8 to #24, Zespól Elektrocieplowni Wroclawskich KOGENERACJA S.A. KGN.WA #2 to #10, Orlen S.A. PKN.WA #10 to #18
| # | Stock | Yield | P/E | Score | Q | V | M | Style · Activity | |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Yield — | P/E 4.1 | 99 Score | 94 Q | 76 V | 52 M | Full House | ||
| 2 | Quality 85: strong free cash flow and wide operating margins. Momentum 72: near its 52-week high and quarterly earnings growing. Value 58: a high yield. | Yield 3.5% | P/E 19.0 | 99 Score | 85 Q | 58 V | 72 M | Full House | |
| 3 | Value 77: a high yield and cheap on P/E. Quality 76: high gross profitability and F-Score 8/9. Momentum 62: near its 52-week high. | Yield 4.4% | P/E 10.5 | 99 Score | 76 Q | 77 V | 62 M | Full House | |
| 4 | Quality 88: ROIC in the top 5% of its sector and strong free cash flow. Value 73: a high yield and cheap on P/E. Momentum 52: above its moving averages but quarterly earnings shrinking. | Yield 5.2% | P/E 9.2 | 98 Score | 88 Q | 73 V | 52 M | Full House | |
| 5 | Momentum 88: near its 52-week high and outperforming the market over 6 months. Value 68: cheap on P/E and below book value. Quality 53: F-Score 7/9 but a tight balance sheet. | Yield — | P/E 4.8 | 98 Score | 53 Q | 68 V | 88 M | Full House | |
| 6 | Quality 78: F-Score 9/9 and high gross profitability. Value 61: a high yield. Momentum 60: near its 52-week high. | Yield 6.0% | P/E 14.5 | 95 Score | 78 Q | 61 V | 60 M | Full House | |
| 7 | Momentum 73: quarterly earnings growing and outperforming the market over 6 months. Value 70: cheap on P/E and below book value; P/FCF excluded. Quality 56: high gross profitability but a weak F-Score 2/9. | Yield — | P/E 6.4 | 95 Score | 56 Q | 70 V | 73 M | Full House | |
| 8 | Momentum 69: near its 52-week high and above its moving averages. Quality 65: ROIC in the top 5% of its sector and strong free cash flow. Value 63: cheap on sales and cheap on free cash flow. | Yield 1.3% | P/E 20.5 | 94 Score | 65 Q | 63 V | 69 M | Full House | |
| 9 | Value 76: cheap on EV/EBITDA and a high yield. Momentum 65: quarterly earnings growing and near its 52-week high. Quality 55: wide operating margins but a tight balance sheet. | Yield 4.1% | P/E 10.2 | 94 Score | 55 Q | 76 V | 65 M | Full House | |
| 10 | Quality 77: F-Score 9/9 and strong free cash flow. Value 71: cheap on P/E and cheap on free cash flow. Momentum 49: near its 52-week high but estimates cut. | Yield — | P/E 3.2 | 94 Score | 77 Q | 71 V | 49 M | Unloved QualityDeep dive → | |
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| 11 | Quality 82: high return on equity and strong free cash flow. Momentum 61: near its 52-week high. Value 53: a high yield but far above book value. | Yield 4.4% | P/E 18.4 | 94 Score | 82 Q | 53 V | 61 M | Full House | |
| 12 | Quality 79: ROIC in the top 5% of its sector and high return on equity. Value 73: a high yield and cheap on P/E. Momentum 43: quarterly earnings shrinking. | Yield 6.2% | P/E 8.3 | 93 Score | 79 Q | 73 V | 43 M | Unloved Quality | |
| 13 | Momentum 75: above its moving averages and near its 52-week high. Quality 66: high return on equity and ROIC in the top 5% of its sector. Value 54: cheap on P/E but expensive on free cash flow. | Yield 1.8% | P/E 12.4 | 93 Score | 66 Q | 54 V | 75 M | Full House | |
| 14 | Momentum 89: above its moving averages and outperforming the market over 6 months. Quality 69: a liquid balance sheet and high gross profitability. Value 37: little or no yield. | Yield 0.5% | P/E 15.1 | 93 Score | 69 Q | 37 V | 89 M | Premium Grower | |
| 15 | Momentum 76: near its 52-week high and above its moving averages. Quality 62: strong free cash flow and ROIC in the top 10% of its sector. Value 56: cheap on free cash flow but far above book value. | Yield 3.4% | P/E 17.0 | 93 Score | 62 Q | 56 V | 76 M | Full House | |
| 16 | Momentum 81: above its moving averages and near its 52-week high. Quality 71: F-Score 7/7 and wide operating margins. Value 41: valuation ratios not meaningful for a financial. | Yield 6.7% | P/E 13.7 | 92 Score | 71 Q | 41 V | 81 M | Premium Grower | |
| 17 | Quality 75: low debt and ROIC in the top 5% of its sector. Momentum 71: above its moving averages and quarterly earnings growing. Value 46: cheap on P/E. | Yield — | P/E 13.0 | 92 Score | 75 Q | 46 V | 71 M | Premium Grower | |
| 18 | Value 68: cheap on EV/EBITDA and cheap on sales. Quality 64: interest well covered and ROIC in the top 20% of its sector. Momentum 57: quarterly earnings growing but EPS deteriorating. | Yield 5.2% | P/E 13.8 | 91 Score | 64 Q | 68 V | 57 M | Full House | |
| 19 | Momentum 65: near its 52-week high and above its moving averages. Value 63: a high yield and cheap on free cash flow. Quality 62: strong free cash flow and ROIC in the top 20% of its sector. | Yield 4.9% | P/E 19.4 | 90 Score | 62 Q | 63 V | 65 M | Full House | |
| 20 | Quality 79: ROIC in the top 5% of its sector and high return on equity. Value 59: cheap on EV/EBITDA but far above book value. Momentum 51: quarterly earnings growing but EPS deteriorating. | Yield — | P/E 7.7 | 90 Score | 79 Q | 59 V | 51 M | Full House | |
| 21 | Quality 81: ROIC in the top 5% of its sector and high return on equity. Momentum 58: above its moving averages but estimates cut. Value 49: a high yield but far above book value. | Yield 5.4% | P/E 16.0 | 90 Score | 81 Q | 49 V | 58 M | Premium Grower | |
| 22 | Value 80: cheap on P/E and cheap on free cash flow. Quality 68: high return on equity and ROIC in the top 5% of its sector. Momentum 41: quarterly earnings growing but lagging the market over 6 months. | Yield 3.8% | P/E 3.5 | 90 Score | 68 Q | 80 V | 41 M | Unloved Quality | |
| 23 | Value 70: a high yield and cheap on P/E. Quality 62: high return on equity and interest well covered. Momentum 57: quarterly earnings growing. | Yield 13.3% | P/E 7.2 | 90 Score | 62 Q | 70 V | 57 M | Full House | |
| 24 | Value 84: cheap on EV/EBITDA and cheap on sales. Quality 74: high gross profitability and strong free cash flow. Momentum 31: lagging the market over 6 months. | Yield 2.8% | P/E 7.5 | 90 Score | 74 Q | 84 V | 31 M | Unloved Quality | |
| 25 | Quality 79: strong free cash flow and ROIC in the top 10% of its sector. Momentum 59: near its 52-week high. Value 51: cheap on free cash flow but far above book value. | Yield 2.2% | P/E 29.3 | 90 Score | 79 Q | 51 V | 59 M | Full House | |
Ranked by StockRank (Quality + Value + Momentum composite) at a minimum market cap of $250M. Yield and P/E are as of the data date; click a ticker for today’s price and score. A new edition is generated on the first scoring run of each month.
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How Poland scores
Where the top 25 come from, and how the whole Polish market sits against the global universe. StockRank is a global percentile, so the universe splits evenly into five bands by construction; a market that piles up on the right is scoring well as a whole.
Top 25 by sector
- Consumer Cyclical4
- Industrials4
- Technology4
- Basic Materials3
- Utilities3
- Financial Services2
- Other5
Share of Polish stocks by StockRank band
- 0-1921% / 20%
- 20-3911% / 20%
- 40-5912% / 20%
- 60-7920% / 20%
- 80-10036% / 20%
Polandall markets
The State, the Mid Caps, and Which One You Are Buying
Poland is the largest economy and the largest stock exchange in Central and Eastern Europe, an EU member with developed-market plumbing that the index providers still file under emerging, and a market whose headline index is dominated by state-controlled banks, energy and utilities. Underneath that sits a deep mid-cap bench of software firms, distributors, manufacturers and consumer businesses that a factor screen reaches and the WIG20 never will. The list below is where Quality, Value and Momentum agree.
MoatMap scored 244 Polish stocks on 2026-10-01; 101 cleared the $250M market-cap floor this list applies. The market's average StockRank is 59. Basic Materials is the most represented sector in the top 10 (3 names).
Warsaw's index weight belongs to the State Treasury. Orlen in energy, PKO BP and Pekao in banking, PZU in insurance, PGE and Enea in power and KGHM in copper are all majority or effectively state-controlled, and their dividend policies, capital spending and occasional windfall levies move with the political cycle rather than with the business. That is the single biggest thing to know before reading a Polish list: a high Value score on a state champion is partly a discount for that control, and it can persist for years. The mid caps are a different market. Software, IT distribution, construction chemicals, fuel retail, tour operators and specialty manufacturers are mostly founder-run, and it is where the screen tends to find its Quality.
The domestic investor base changed shape a decade ago and the market is still adjusting. The 2014 reform gutted the private pension funds that had been Warsaw's natural buyer of mid caps, and it took the employee capital plans introduced in 2019 to start rebuilding a domestic bid. Foreign institutions fill part of the gap and retail participation is rising, but coverage of anything outside the WIG20 is thin. For a screen that is the point: a well-run Polish mid cap can sit at a single-digit multiple for a long time simply because nobody with a mandate is looking, and when it re-rates the move is large.
Disclosure follows the EU Market Abuse Regulation, and MoatMap reads it directly. Managers and closely associated persons must report trades within three business days, and the filings arrive as standardised notifications on the ESPI system carrying the person, the role, the instrument, the volume and the price. Buybacks file the same way as aggregated daily reports. The director-buying callout below the table draws on those filings; Poland's version of the feed is one of the more complete in Europe because the form is standardised and the exchange publishes it promptly.
Access is straightforward. Most international brokers offer Warsaw trading, settlement is in zloty, and the zloty itself is a floating currency that has been comparatively stable against the euro while moving more against the dollar. Poland taxes capital gains and dividends for residents at a flat rate and withholds tax on dividends paid to non-residents, reduced under a wide treaty network, so confirm the current treatment with your broker before comparing a Polish yield against another market's. Note that index providers disagree about Poland: one files it under developed markets and another under emerging, which affects which passive flows reach it.
Frequently Asked Questions
- What are the top-ranked Polish stocks right now?
- The table above ranks MoatMap's top 25 Warsaw-listed stocks by StockRank, a composite of Quality (ROIC, F-Score, leverage), Value (P/E, EV/EBITDA, P/B, shareholder yield) and Momentum (price trend plus earnings revisions). It refreshes monthly with a stated data date, and each ticker links to a full score breakdown.
- Is Poland an emerging or a developed market?
- Both, depending on whom you ask. FTSE Russell reclassified Poland as developed in 2018; MSCI still files it under emerging markets. The economy is an EU member with developed-market regulation and disclosure, so for a factor screen the label matters less than the structure: a state-heavy large-cap index over a founder-run mid-cap bench.
- Why are so many large Polish companies state-controlled?
- Energy, banking, insurance, power and mining champions were partly privatised through the exchange in the 1990s and 2000s with the State Treasury keeping control. Their dividend policies, investment plans and occasional special levies move with the political cycle, which is why a persistently high Value score on a state champion is partly a discount for that control rather than a mispricing.
- Does MoatMap track Polish insider trades and buybacks?
- Yes. The Poland feed reads the standardised MAR Article 19 notifications that managers file on the ESPI system within three business days, plus the aggregated daily buyback reports, and the director-buying and buyback callouts on this page draw on them.
- How can foreigners buy Polish stocks, and what about the zloty?
- Most international brokers offer Warsaw Stock Exchange access and settlement is in zloty, a floating currency that has been comparatively stable against the euro. Poland withholds tax on dividends paid to non-residents, reduced under treaties, so confirm the current rules with your broker.
- How often does this Poland ranking refresh?
- A new edition forms on the first scoring run of each calendar month and the page states its data-as-of date. Underlying scores recompute nightly; for the daily view, use the ranked-stocks screener filtered to Poland.