Derwent London Valuation

Is DLN undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Por debajo del valor justo

  • Muy por debajo del valor justo

  • Price-To-Sales vs. similares

  • Price-To-Sales vs. Industria

  • PM vs. Ratio Justo

  • Pronóstico de los analistas

Share Price vs Fair Value

What is the Fair Price of DLN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Por debajo del valor justo: DLN (£21) cotiza por debajo de nuestra estimación de valor razonable (£30.75)

Muy por debajo del valor justo: DLN cotiza por debajo de su valor razonable en más de un 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for DLN?

Other financial metrics that can be useful for relative valuation.

DLN key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue13.5x
Enterprise Value/EBITDA23.4x
PEG Ration/a

Price to Sales Ratio vs Peers

How does DLN's PS Ratio compare to its peers?

The above table shows the PS ratio for DLN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average5.5x
GPE Great Portland Estates
11.9x6.2%UK£953.7m
WKP Workspace Group
5.3x-10.0%UK£960.8m
GWI Globalworth Real Estate Investments
2.6xn/a€617.8m
CLI CLS Holdings
2.2x2.4%UK£327.5m
DLN Derwent London
8.7x-2.4%UK£2.3b

Price-To-Sales vs. similares: DLN es caro según su Ratio Price-To-Sales (8.7x) en comparación con la media de sus homólogos (5.6x).


Price to Earnings Ratio vs Industry

How does DLN's PE Ratio compare vs other companies in the European Office REITs Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a96.7%
n/an/an/a
No. of CompaniesPS048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a96.7%
n/an/an/a
No more companies

Price-To-Sales vs. Industria: DLN es caro en función de su Ratio Price-To-Sales (8.7x) en comparación con la media del sector European Office REITs (7.9x).


Price to Sales Ratio vs Fair Ratio

What is DLN's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

DLN PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio8.7x
Fair PS Ratio8.3x

PM vs. Ratio Justo: DLN es caro en función de su Ratio Price-To-Sales (8x) comparado con el Ratio Price-To-Sales estimado (7.9x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst DLN forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUK£20.60
UK£23.66
+14.9%
14.1%UK£27.50UK£14.53n/a17
Mar ’25UK£20.04
UK£23.74
+18.4%
13.9%UK£27.00UK£14.53n/a17
Feb ’25UK£20.74
UK£24.17
+16.5%
15.1%UK£29.00UK£14.53n/a17
Jan ’25UK£23.60
UK£23.36
-1.0%
16.8%UK£29.00UK£14.53n/a15
Dec ’24UK£21.72
UK£23.35
+7.5%
17.5%UK£29.00UK£14.53n/a15
Nov ’24UK£18.45
UK£23.72
+28.6%
18.4%UK£30.50UK£14.53n/a17
Oct ’24UK£19.27
UK£24.22
+25.7%
18.1%UK£30.50UK£14.53n/a17
Sep ’24UK£18.34
UK£25.74
+40.3%
19.6%UK£33.99UK£14.53n/a17
Aug ’24UK£20.92
UK£26.13
+24.9%
18.2%UK£33.99UK£14.53n/a17
Jul ’24UK£20.50
UK£27.12
+32.3%
12.8%UK£33.99UK£20.50n/a17
Jun ’24UK£21.50
UK£27.36
+27.2%
12.7%UK£33.99UK£20.50n/a17
May ’24UK£24.02
UK£27.67
+15.2%
12.5%UK£33.99UK£20.50n/a18
Apr ’24UK£23.58
UK£27.67
+17.3%
12.5%UK£33.99UK£20.50UK£21.6818
Mar ’24UK£25.86
UK£27.29
+5.5%
12.5%UK£33.99UK£20.50UK£20.0418
Feb ’24UK£25.94
UK£26.48
+2.1%
12.9%UK£33.99UK£20.50UK£20.7418
Jan ’24UK£23.68
UK£26.38
+11.4%
13.1%UK£33.99UK£20.00UK£23.6018
Dec ’23UK£23.58
UK£26.49
+12.4%
13.1%UK£33.99UK£20.00UK£21.7218
Nov ’23UK£22.12
UK£27.16
+22.8%
14.1%UK£33.99UK£20.00UK£18.4518
Oct ’23UK£20.20
UK£29.03
+43.7%
16.8%UK£40.60UK£21.00UK£19.2718
Sep ’23UK£23.52
UK£32.16
+36.7%
17.3%UK£42.00UK£21.00UK£18.3418
Aug ’23UK£28.36
UK£33.24
+17.2%
16.3%UK£42.00UK£21.00UK£20.9218
Jul ’23UK£25.92
UK£34.94
+34.8%
14.6%UK£43.90UK£26.67UK£20.5018
Jun ’23UK£29.32
UK£35.76
+22.0%
13.7%UK£43.90UK£26.67UK£21.5018
May ’23UK£30.16
UK£35.97
+19.3%
13.5%UK£43.90UK£26.67UK£24.0218
Apr ’23UK£32.00
UK£35.64
+11.4%
12.6%UK£43.90UK£26.67UK£23.5818

Pronóstico de los analistas: El precio objetivo es inferior a 20% superior al precio actual de la acción.


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