BYD Valuation

Is BY6 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of BY6 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: BY6 (€31.81) is trading below our estimate of fair value (€35.11)

Significantly Below Fair Value: BY6 is trading below fair value, but not by a significant amount.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for BY6?

Key metric: As BY6 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for BY6. This is calculated by dividing BY6's market cap by their current earnings.
What is BY6's PE Ratio?
PE Ratio20.6x
EarningsCN¥33.87b
Market CapCN¥767.68b

Price to Earnings Ratio vs Peers

How does BY6's PE Ratio compare to its peers?

The above table shows the PE ratio for BY6 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average22.9x
RACE Ferrari
52.6x9.4%US$78.4b
GM General Motors
5.9x-10.2%US$64.4b
7203 Toyota Motor
8.2x-0.1%JP¥35.0t
MARUTI Maruti Suzuki India
24.8x10.5%₹3.5t
BY6 BYD
20.6x17.6%€824.8b

Price-To-Earnings vs Peers: BY6 is good value based on its Price-To-Earnings Ratio (20.6x) compared to the peer average (22.9x).


Price to Earnings Ratio vs Industry

How does BY6's PE Ratio compare vs other companies in the Global Auto Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
BY6 20.6xIndustry Avg. 15.7xNo. of Companies15PE01224364860+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: BY6 is expensive based on its Price-To-Earnings Ratio (20.6x) compared to the Global Auto industry average (15.7x).


Price to Earnings Ratio vs Fair Ratio

What is BY6's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

BY6 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio20.6x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate BY6's Price-To-Earnings Fair Ratio for valuation analysis.


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 BY6 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€31.81
€42.17
+32.6%
16.5%€60.73€27.74n/a30
Nov ’25€33.28
€40.78
+22.5%
16.9%€59.37€27.12n/a29
Oct ’25€32.94
€36.52
+10.9%
19.0%€57.35€25.78n/a29
Sep ’25€27.40
€35.24
+28.6%
20.0%€56.24€24.47n/a31
Aug ’25€26.70
€35.29
+32.2%
21.8%€56.56€19.05n/a31
Jul ’25€27.79
€34.20
+23.1%
20.3%€56.47€19.01n/a30
Jun ’25€25.86
€33.81
+30.7%
19.8%€56.24€18.94n/a31
May ’25€25.59
€34.42
+34.5%
19.3%€54.73€19.16n/a29
Apr ’25€23.66
€34.79
+47.1%
19.2%€54.29€16.59n/a29
Mar ’25€23.04
€36.30
+57.6%
19.3%€54.45€16.49n/a28
Feb ’25€20.84
€36.83
+76.8%
19.5%€54.20€16.47n/a28
Jan ’25€24.91
€39.78
+59.7%
23.3%€71.55€16.36n/a27
Dec ’24€24.27
€39.73
+63.7%
24.5%€71.42€16.38n/a26
Nov ’24€28.53
€42.73
+49.8%
26.2%€76.17€22.96€33.2825
Oct ’24€29.15
€41.96
+43.9%
25.6%€72.25€28.77€32.9423
Sep ’24€29.74
€41.68
+40.2%
26.3%€71.54€28.22€27.4023
Aug ’24€32.10
€40.76
+27.0%
25.4%€68.40€28.05€26.7023
Jul ’24€29.40
€39.83
+35.5%
26.7%€67.13€23.81€27.7922
Jun ’24€28.48
€40.36
+41.7%
27.4%€69.52€24.65€25.8623
May ’24€27.57
€39.58
+43.6%
28.1%€69.70€24.72€25.5923
Apr ’24€27.13
€40.26
+48.4%
27.4%€69.61€25.28€23.6624
Mar ’24€26.56
€40.99
+54.3%
26.1%€70.40€26.90€23.0425
Feb ’24€30.34
€40.14
+32.3%
23.0%€70.02€26.76€20.8426
Jan ’24€22.95
€42.34
+84.5%
24.9%€77.33€27.18€24.9125
Dec ’23€23.91
€42.65
+78.4%
25.2%€76.22€27.15€24.2724
Nov ’23€23.68
€44.32
+87.2%
24.0%€78.42€27.94€28.5324

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.


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