Regulated Utilities And Recycling Expansion Will Advance Despite Regulatory Uncertainty

AN

AnalystConsensusTarget

AnalystConsensusTarget

Not Invested

Based on Analyst Price Targets

Published

09 Dec 24

Updated

04 Dec 25

Views

29

n/a

n/a

AnalystConsensusTarget's Fair Value

n/a

1Y

17.7%

7D

0.9%

Loading

1Y

17.7%

7D

0.9%

You can edit this narrative until Dec 5 6:05 AM. Then, changes will post as Updates.

Author's Valuation

€4.357.2% undervalued

AnalystConsensusTarget Fair Value

Shared on 04 Dec 25

HER: Future Outlook Will Remain Stable As Profit Margins Gradually Improve

Analysts have slightly refined their assumptions for Hera, leading to a modestly adjusted price target that still reflects stable fair value of 4.35. Updated discount rate, revenue growth, profit margin, and future P/E inputs support a largely unchanged long term outlook.

Shared on 20 Nov 25

Fair value Increased 5.45%

HER: Profit Margins Set To Improve as Market Expectations Rise

Analysts have raised Hera's price target from €4.13 to €4.35, citing a modestly improved profit margin outlook and a higher future price-to-earnings expectation. Valuation Changes Fair Value Estimate has increased slightly from €4.13 to €4.35.

Shared on 01 May 25

Fair value Decreased 6.88%

Shared on 23 Apr 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 17 Apr 25

AnalystConsensusTarget has increased revenue growth from 0.3% to 0.4%.

Shared on 02 Apr 25

Fair value Increased 11%

AnalystConsensusTarget has decreased revenue growth from 1.8% to 0.3% and decreased shares outstanding growth rate from 0.0% to 0.0%.

Shared on 26 Mar 25

Fair value Increased 5.01%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 19 Mar 25

Fair value Decreased 9.22%

AnalystConsensusTarget has decreased revenue growth from 1.8% to -0.4% and decreased shares outstanding growth rate from -0.0% to -0.0%.

Shared on 12 Mar 25

Fair value Increased 6.23%

AnalystConsensusTarget Fair Value

€4.35

7.2% undervalued

Future estimation in

Growth p.a.

Growth p.a.

%

Decrease

Increase

Current revenue growth rate

-0.25%

Other Utilities revenue growth rate

0.15%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

%

0

Decrease

Increase

Current discount rate

8.97%

Calculation

€509.81m

Earnings '28

x

17.11x

PE Ratio '28

=

€8.72b

Market Cap '28

€8.72b

Market Cap '28

/

1.55b

No. shares '28

=

€5.63

Share Price '28

€5.63 Share Price '28

Discounted to 2025 @ 8.97% p.a.

=

€4.35

Fair Value '25