Eagers Automotive Limited

ASX:APE Stock Report

Market Cap: AU$3.0b

Eagers Automotive Valuation

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

Valuation Score

4/6

Valuation Score 4/6

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

Below Fair Value: APE (A$11.43) is trading below our estimate of fair value (A$18.54)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for APE. This is calculated by dividing APE's market cap by their current earnings.
What is APE's PE Ratio?
PE Ratio11.4x
EarningsAU$259.36m
Market CapAU$2.99b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for APE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average9.3x
ASG Autosports Group
6.8x0.5%AU$408.9m
PWR Peter Warren Automotive Holdings
8.4x4.5%AU$301.0m
MTO MotorCycle Holdings
8.5x9.4%AU$119.6m
SUL Super Retail Group
13.5x2.9%AU$3.3b
APE Eagers Automotive
11.4x1.8%AU$2.9b

Price-To-Earnings vs Peers: APE is expensive based on its Price-To-Earnings Ratio (11.4x) compared to the peer average (9.3x).

Price to Earnings Ratio vs Industry

How does APE's PE Ratio compare vs other companies in the AU Specialty Retail Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
APE 11.4xIndustry Avg. 17.4xNo. of Companies3PE0816243240+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: APE is good value based on its Price-To-Earnings Ratio (11.4x) compared to the Australian Specialty Retail industry average (17.4x).

Price to Earnings Ratio vs Fair Ratio

What is APE'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.

APE PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio11.4x
Fair PE Ratio17.5x

Price-To-Earnings vs Fair Ratio: APE is good value based on its Price-To-Earnings Ratio (11.4x) compared to the estimated Fair Price-To-Earnings Ratio (17.5x).

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 APE forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentAU$11.43
AU$11.63
+1.7%
11.8%AU$14.00AU$9.23n/a15
Nov ’25AU$10.96
AU$11.63
+6.1%
11.8%AU$14.00AU$9.23n/a15
Oct ’25AU$11.06
AU$11.63
+5.2%
11.9%AU$14.10AU$9.23n/a15
Sep ’25AU$10.44
AU$11.63
+11.4%
11.9%AU$14.10AU$9.23n/a15
Aug ’25AU$10.63
AU$11.96
+12.5%
13.7%AU$14.35AU$9.00n/a15
Jul ’25AU$10.44
AU$11.96
+14.6%
13.7%AU$14.35AU$9.00n/a15
Jun ’25AU$10.12
AU$11.96
+18.2%
13.7%AU$14.35AU$9.00n/a15
May ’25AU$12.08
AU$14.54
+20.3%
11.2%AU$16.50AU$10.80n/a15
Apr ’25AU$14.16
AU$14.54
+2.7%
11.2%AU$16.50AU$10.80n/a15
Mar ’25AU$14.39
AU$14.54
+1.0%
11.2%AU$16.50AU$10.80n/a15
Feb ’25AU$14.00
AU$14.96
+6.9%
12.3%AU$17.90AU$10.80n/a14
Jan ’25AU$14.48
AU$15.07
+4.1%
11.3%AU$17.90AU$10.80n/a15
Dec ’24AU$13.26
AU$15.07
+13.6%
11.3%AU$17.90AU$10.80n/a15
Nov ’24AU$13.13
AU$15.07
+14.8%
11.3%AU$17.90AU$10.80AU$10.9615
Oct ’24AU$13.93
AU$14.87
+6.7%
11.7%AU$17.90AU$10.80AU$11.0615
Sep ’24AU$15.49
AU$14.64
-5.5%
10.3%AU$16.20AU$10.80AU$10.4416
Aug ’24AU$14.51
AU$14.35
-1.1%
12.5%AU$16.20AU$10.00AU$10.6316
Jul ’24AU$13.49
AU$14.17
+5.0%
11.8%AU$16.00AU$10.00AU$10.4416
Jun ’24AU$12.20
AU$14.17
+16.1%
11.7%AU$16.00AU$10.00AU$10.1215
May ’24AU$14.19
AU$14.27
+0.6%
12.0%AU$16.00AU$10.00AU$12.0815
Apr ’24AU$13.49
AU$14.25
+5.6%
12.5%AU$16.00AU$10.00AU$14.1614
Mar ’24AU$14.11
AU$13.90
-1.5%
12.6%AU$16.00AU$10.00AU$14.3915
Feb ’24AU$11.38
AU$13.70
+20.4%
13.1%AU$17.00AU$9.75AU$14.0015
Jan ’24AU$10.85
AU$13.70
+26.3%
13.1%AU$17.00AU$9.75AU$14.4815
Dec ’23AU$12.46
AU$13.79
+10.7%
13.2%AU$17.00AU$9.75AU$13.2614
Nov ’23AU$12.88
AU$13.79
+7.1%
13.2%AU$17.00AU$9.75AU$13.1314

Analyst Forecast: Target price is less than 20% higher than the current share price.

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