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STOCK COMPARISON

Morgan Stanley vs X Trade Brokers Dom Maklerski: Fair Value & Quality

Both stocks run through our valuation models. Here is how Morgan Stanley (MS) and X Trade Brokers Dom Maklerski (XTB) compare, as of Sep 5, 2026.

As of Sep 5, 2026, Fair Value Calculator sees Morgan Stanley as the less overvalued of the two: Morgan Stanley trades at $217 versus a fair value of $139 (-36%), while X Trade Brokers Dom Maklerski trades at PLN 158 versus PLN 71.33 (-55%).
Morgan Stanley
MS · USD · Financials
-36%
upside to fair value
overvalued
Price$217
Fair Value$139
Quality67/100
X Trade Brokers Dom Maklerski
XTB.WAR · PLN · Financials
-55%
upside to fair value
overvalued
PricePLN 158
Fair ValuePLN 71.33
Quality66/100
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Head-to-head numbers

Green value = the better side for that row (for valuation multiples: lower = cheaper).

Morgan StanleyX Trade Brokers Dom Maklerski
Valuation
20.1×P/E (TTM)15.4×
4.79×P/S (TTM)1.30×
3.14×P/B2.05×
22.1×EV/EBITDA2.1×
2.64×PEG
−36.0%Fair value upside−54.8%
1.8%Dividend yield2.6%
$4.00Dividend per sharePLN 4.07
Profitability
41%Operating margin29%
0.66×EBIT margin trend (5Y)0.60×
16%Return on equity42%
1%Return on assets11%
Growth
16%Revenue growth (YoY)89%
22.5%Avg. growth/yr (3Y)12.6%
18.3%Avg. growth/yr (5Y)21.4%
+11.1%Value creation/yr+24.6%
Balance & size
0.4×Interest coverage (EBIT/interest)13.4×
3.13×Debt / equity
$351BMarket cap$4B
mixedGrowth qualityhealthy

X Trade Brokers Dom Maklerski leads: 4 to 10 metric wins.

Dash = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

Morgan Stanleyof which business quality 62 · market factors 72 X Trade Brokers Dom Maklerskiof which business quality 64 · market factors 93
ProfitabilityMargins and returns on capital today
31
59
Quality GrowthAre margins and returns improving?
56
22
CashflowEarnings quality: real cash, not paper profit
100
82
Fin. StrengthBalance sheet, leverage, solvency risk
26
74
InvestmentDisciplined investing over empire-building
82
50
Low VolatilityCalm price path (market factor)
58
77
MomentumPrice trend over the last 3–12 months (market factor)
73
100
52W MomentumDistance to the 52-week high (market factor)
87
100
Net IssuanceBuybacks instead of dilution
96
82

What the models say

How far the median fair value (base case) per model family sits from the current price, in percent. The amount in the currency of the trading venue is shown underneath.

above the price, more than 15% above close to the price, 85% to 115% of the price below the price, more than 15% below

Model familyMorgan StanleyPrice $217X Trade Brokers Dom MaklerskiPrice PLN 158
DCF Models-40%below the price$130+2%close to the pricePLN 161
Earnings-Based-2%close to the price$214+24%above the pricePLN 196
Dividend Discount-63%below the price$79.85-39%below the pricePLN 96.03
Multiples-45%below the price$119-70%below the pricePLN 47.59
Asset-Based-78%below the price$47.42-93%below the pricePLN 11.41
Growth DCF+53%above the price$332-17%below the pricePLN 131
Economic Profit-56%below the price$95.82-76%below the pricePLN 38.43
Minimum-78%below the price$47.42-93%below the pricePLN 11.41
Maximum+53%above the price$332+24%above the pricePLN 196
Median-45%below the price$119-39%below the pricePLN 96.03
Geometric mean-44%below the price$122-56%below the pricePLN 70.05

Minimum, maximum, median and geometric mean refer to the family values in this table. Geometric because deviations are ratios: half the price and twice the price average to 100%, not 125%.

Morgan Stanley: 11 of 13 models see the stock below the current price.

X Trade Brokers Dom Maklerski: 9 of 13 models see the stock below the current price.

Scenario ranges

From our cautious bear case to the optimistic bull case. The white tick is the current price: left of fair value means room to run.

Morgan Stanley
Bear $77.78Fair Value $139Bull $228
$217 = current price (white tick)
X Trade Brokers Dom Maklerski
Bear PLN 53.50Fair Value PLN 71.33Bull PLN 134
PLN 158 = current price (white tick)

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Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

Morgan Stanley · Financials

Quality score67 · Top 25%
Fair value upside-36% · below median

X Trade Brokers Dom Maklerski · Financials

Quality score66 · Top 25%
Fair value upside-55% · bottom 25%

Bottom line

As of Sep 5, 2026, Fair Value Calculator sees Morgan Stanley as the less overvalued of the two: Morgan Stanley trades at $217 versus a fair value of $139 (-36%), while X Trade Brokers Dom Maklerski trades at PLN 158 versus PLN 71.33 (-55%).

Morgan Stanley has the higher quality score (67/100).

See the full analysis →

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A model-based valuation snapshot from 26 models. Values change with price and fundamentals; the date shown above applies.