Seagate Technology Holdings plc

WBAG:STXH Stock Report

Market Cap: €18.1b

Seagate Technology Holdings Valuation

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

Valuation Score

3/6

Valuation Score 3/6

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

Below Fair Value: STXH (€87.71) is trading below our estimate of fair value (€117.44)

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


Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for STXH. This is calculated by dividing STXH's market cap by their current earnings.
What is STXH's PE Ratio?
PE Ratio22.9x
EarningsUS$824.00m
Market CapUS$18.86b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for STXH vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average30.3x
WDC Western Digital
69x20.7%US$22.1b
992 Lenovo Group
13.3x16.9%HK$122.3b
LOGN Logitech International
18.2x0.4%CHF 11.5b
NTAP NetApp
20.8x5.1%US$23.8b
STXH Seagate Technology Holdings
22.9x12.1%€18.9b

Price-To-Earnings vs Peers: STXH is good value based on its Price-To-Earnings Ratio (22.9x) compared to the peer average (29.8x).


Price to Earnings Ratio vs Industry

How does STXH's PE Ratio compare vs other companies in the European Tech Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
STXH 22.9xIndustry Avg. 22.1xNo. of Companies3PE01020304050+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: STXH is expensive based on its Price-To-Earnings Ratio (22.9x) compared to the Global Tech industry average (22.1x).


Price to Earnings Ratio vs Fair Ratio

What is STXH'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.

STXH PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio22.9x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate STXH'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 STXH forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€87.71
€113.70
+29.6%
20.5%€144.74€62.72n/a20
Dec ’25€96.44
€108.74
+12.8%
20.5%€138.42€59.98n/a20
Nov ’25€92.70
€108.76
+17.3%
21.4%€139.07€60.26n/a20
Oct ’25€97.76
€102.89
+5.2%
21.5%€128.82€58.97n/a20
Sep ’25€88.63
€102.89
+16.1%
21.5%€128.82€58.97n/a20
Aug ’25€93.31
€105.95
+13.5%
19.6%€131.02€59.98n/a20
Jul ’25€95.63
€90.35
-5.5%
18.2%€111.15€51.37n/a21
Jun ’25€84.29
€88.72
+5.3%
18.2%€109.69€50.70n/a21
May ’25€80.06
€88.82
+10.9%
18.3%€111.19€51.39n/a20
Apr ’25€87.38
€84.72
-3.0%
20.1%€106.18€46.17n/a20
Mar ’25€89.67
€81.18
-9.5%
20.5%€106.03€46.10n/a20
Feb ’25€79.66
€79.94
+0.4%
20.5%€105.80€46.00n/a19
Jan ’25€78.51
€63.25
-19.4%
16.3%€83.12€36.14€83.2119
Dec ’24€72.87
€64.25
-11.8%
14.1%€80.06€37.68€96.4419
Nov ’24€66.34
€64.25
-3.2%
14.1%€80.06€37.68€92.7019
Oct ’24€62.23
€59.70
-4.1%
14.3%€74.87€37.44€97.7619
Sep ’24€67.32
€57.29
-14.9%
15.0%€72.70€36.35€88.6320
Aug ’24€57.88
€56.92
-1.7%
14.4%€71.12€36.47€93.3119
Jul ’24€56.57
€57.43
+1.5%
15.1%€71.46€30.23€95.6319
Jun ’24€56.74
€57.96
+2.2%
14.9%€66.86€29.72€84.2919
May ’24€52.82
€56.29
+6.6%
14.7%€65.54€29.13€80.0619
Apr ’24€60.40
€62.93
+4.2%
15.2%€76.36€32.59€87.3819
Mar ’24€59.72
€63.39
+6.2%
14.8%€76.78€32.77€89.6720
Feb ’24€62.87
€61.38
-2.4%
14.3%€73.62€32.21€79.6620
Jan ’24€48.99
€58.81
+20.1%
14.1%€70.25€38.14€78.5120

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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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/06 01:37
End of Day Share Price 2025/01/06 00:00
Earnings2024/09/27
Annual Earnings2024/06/28

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 here.

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 .

Analyst Sources

Seagate Technology Holdings plc is covered by 59 analysts. 22 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
James KelleherArgus Research Company
Phillip AllingAtlantic Equities LLP
Tristan GerraBaird