Baidu Valuation

Is B1C 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 B1C when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: B1C (€76.7) is trading below our estimate of fair value (€184.62)

Significantly Below Fair Value: B1C is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for B1C?

Key metric: As B1C is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for B1C. This is calculated by dividing B1C's market cap by their current earnings.
What is B1C's PE Ratio?
PE Ratio11x
EarningsCN¥20.45b
Market CapCN¥225.73b

Price to Earnings Ratio vs Peers

How does B1C's PE Ratio compare to its peers?

The above table shows the PE ratio for B1C vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average59.5x
1024 Kuaishou Technology
12.2x16.9%HK$195.8b
28.7x12.3%JP¥3.1t
PINS Pinterest
93.5x33.8%US$21.0b
REA REA Group
103.5x17.8%AU$32.2b
B1C Baidu
11x4.6%€31.0b

Price-To-Earnings vs Peers: B1C is good value based on its Price-To-Earnings Ratio (11x) compared to the peer average (60.3x).


Price to Earnings Ratio vs Industry

How does B1C's PE Ratio compare vs other companies in the European Interactive Media and Services Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
B1C 11.0xIndustry Avg. 14.2xNo. of Companies6PE01224364860+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: B1C is good value based on its Price-To-Earnings Ratio (11x) compared to the European Interactive Media and Services industry average (14.2x).


Price to Earnings Ratio vs Fair Ratio

What is B1C'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.

B1C PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio11x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate B1C'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 B1C forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentn/a
€107.04
0%
19.6%€160.60€72.89n/a36
Dec ’25n/a
€106.14
0%
19.3%€158.40€74.83n/a37
Nov ’25n/a
€115.42
0%
14.1%€156.64€75.12n/a37
Oct ’25€82.60
€113.25
+37.1%
17.2%€161.66€74.29n/a37
Sep ’25€78.30
€117.97
+50.7%
15.8%€163.52€75.76n/a36
Aug ’25€81.50
€130.02
+59.5%
15.6%€169.97€76.17n/a36
Jul ’25n/a
€136.68
0%
14.4%€169.76€76.49n/a35
Jun ’25€89.60
€137.02
+52.9%
13.8%€168.81€81.38n/a36
May ’25n/a
€142.72
0%
15.6%€195.02€82.30n/a37
Apr ’25€96.50
€146.46
+51.8%
16.2%€199.03€102.70n/a37
Mar ’25n/a
€147.72
0%
15.2%€198.97€114.38n/a37
Feb ’25n/a
€149.29
0%
15.0%€196.44€110.30n/a37
Jan ’25€106.20
€152.60
+43.7%
14.6%€195.85€114.22n/a36
Dec ’24€106.80
€157.45
+47.4%
13.8%€198.12€118.44n/a37
Nov ’24n/a
€165.30
0%
11.4%€200.57€127.71n/a37
Oct ’24n/a
€170.05
0%
10.7%€206.38€134.18€82.6036
Sep ’24€123.40
€167.87
+36.0%
11.3%€205.06€128.92€78.3037
Aug ’24n/a
€164.04
0%
10.9%€207.25€124.61€81.5037
Jul ’24n/a
€162.36
0%
12.1%€206.98€124.54n/a37
Jun ’24n/a
€165.77
0%
12.0%€213.75€128.61€89.6036
May ’24n/a
€165.03
0%
12.3%€213.70€127.79n/a36
Apr ’24n/a
€167.08
0%
14.2%€217.41€100.80€96.5036
Mar ’24n/a
€167.35
0%
14.8%€220.24€102.59n/a36
Feb ’24n/a
€155.35
0%
17.7%€215.92€88.17n/a36
Jan ’24n/a
€157.34
0%
20.3%€216.06€88.22€106.2036
Dec ’23n/a
€158.68
0%
20.3%€214.71€87.67€106.8034

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 Analysis2024/12/19 12:45
End of Day Share Price 2024/11/22 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 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

Baidu, Inc. is covered by 91 analysts. 42 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Sau Shing ChowABCI Securities Company Limited
Richard KramerArete Research Services LLP
Zixiao YangArete Research Services LLP