PACCAR Inc

WBAG:PCAR Stock Report

Market Cap: €49.9b

PACCAR Valuation

Is PCAR 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 PCAR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: PCAR (€95.89) is trading below our estimate of fair value (€145.17)

Significantly Below Fair Value: PCAR is trading below fair value by more than 20%.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for PCAR. This is calculated by dividing PCAR's market cap by their current earnings.
What is PCAR's PE Ratio?
PE Ratio22x
EarningsUS$2.69b
Market CapUS$58.59b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for PCAR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average16x
PAL Palfinger
15.4x24.81%€1.3b
ROS Rosenbauer International
18.2x43.12%€466.1m
ANDR Andritz
13.5x13.19%€6.2b
VOLV B AB Volvo
16.9x12.77%SEK 600.6b
PCAR PACCAR
22x15.42%€58.6b

Price-To-Earnings vs Peers: PCAR is expensive based on its Price-To-Earnings Ratio (22x) compared to the peer average (16x).

Price to Earnings Ratio vs Industry

How does PCAR's PE Ratio compare vs other companies in the European Machinery Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
PCAR 22.0xIndustry Avg. 20.6xNo. of Companies32PE01224364860+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: PCAR is expensive based on its Price-To-Earnings Ratio (22x) compared to the European Machinery industry average (20.6x).

Price to Earnings Ratio vs Fair Ratio

What is PCAR'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.

PCAR PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio22x
Fair PE Ratio20x

Price-To-Earnings vs Fair Ratio: PCAR is expensive based on its Price-To-Earnings Ratio (22x) compared to the estimated Fair Price-To-Earnings Ratio (20x).

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 PCAR forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€95.89
€93.55
-2.44%
9.73%€107.33€78.37n/a17
Dec ’26€90.67
€92.68
+2.22%
10.42%€108.66€77.62n/a17
Nov ’26€85.34
€91.91
+7.70%
10.99%€108.95€77.21n/a15
Oct ’26€83.67
€88.63
+5.93%
12.87%€111.64€73.29n/a16
Sep ’26€85.44
€89.31
+4.52%
13.01%€112.83€74.07n/a16
Aug ’26€84.27
€90.26
+7.11%
12.99%€113.01€74.19n/a17
Jul ’26€80.25
€86.23
+7.45%
13.24%€109.42€68.70n/a19
Jun ’26€83.01
€89.58
+7.92%
13.65%€114.27€71.75n/a19
May ’26€78.16
€90.49
+15.77%
13.43%€114.26€69.08n/a18
Apr ’26€90.95
€103.55
+13.86%
11.00%€124.20€85.27n/a18
Mar ’26€102.26
€109.45
+7.04%
10.82%€127.42€88.43n/a18
Feb ’26€107.78
€111.21
+3.18%
10.77%€129.27€89.72n/a18
Jan ’26€99.40
€110.84
+11.51%
10.90%€128.76€88.97n/a18
Dec ’25€111.02
€108.00
-2.72%
10.42%€122.23€84.53€90.6718
Nov ’25€95.63
€102.29
+6.96%
10.31%€116.81€81.58€85.3418
Oct ’25€88.59
€97.64
+10.21%
11.48%€124.53€78.84€83.6718
Sep ’25€85.70
€99.24
+15.80%
11.75%€125.39€79.38€85.4418
Aug ’25€88.38
€103.75
+17.39%
9.99%€128.14€81.13€84.2719
Jul ’25€95.19
€112.83
+18.54%
11.04%€137.64€82.39€80.2520
Jun ’25€96.71
€110.66
+14.42%
12.20%€136.11€81.48€83.0120
May ’25€97.91
€107.93
+10.23%
14.45%€137.49€82.31€78.1621
Apr ’25€114.72
€100.96
-12.00%
12.66%€125.57€77.56€90.9521
Mar ’25€103.80
€95.39
-8.10%
9.90%€115.51€77.62€102.2619
Feb ’25€93.15
€94.80
+1.77%
10.47%€115.69€77.74€107.7819
Jan ’25€88.38
€84.83
-4.02%
12.16%€105.43€70.89€99.4018
Dec ’24€85.25
€87.53
+2.68%
11.21%€108.82€73.81€111.0218
€93.23
Fair Value
2.9% overvalued intrinsic discount
17
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/12/15 02:30
End of Day Share Price 2025/12/15 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

PACCAR Inc is covered by 44 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
John EadeArgus Research Company
David LeikerBaird
Andrew KaplowitzBarclays