Umicore SA

BRSE:NVJP Stock Report

Market Cap: CHF 5.0b

Umicore Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

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

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: NVJP (CHF21.17) is trading below our estimate of future cash flow value (CHF46.11)

Significantly Below Future Cash Flow Value: NVJP is trading below future cash flow value by more than 20%.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for NVJP. This is calculated by dividing NVJP's market cap by their current earnings.
What is NVJP's PE Ratio?
PE Ratio14.2x
Earnings€384.55m
Market Cap€5.45b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for NVJP vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average26.5x
EMSN EMS-CHEMIE HOLDING
35x4.70%CHF 16.3b
SIKA Sika
23.8x9.21%CHF 24.9b
GIVN Givaudan
27.4x5.67%CHF 29.4b
600352 Zhejiang Longsheng GroupLtd
19.6x20.27%CN¥37.3b
NVJP Umicore
14.2x6.26%CHF 5.4b

Price-To-Earnings vs Peers: NVJP is good value based on its Price-To-Earnings Ratio (14.2x) compared to the peer average (26.3x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does NVJP's PE Ratio compare vs other companies in the European Chemicals Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
NVJP 14.2xIndustry Avg. 19.0xNo. of Companies10PE01224364860+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: NVJP is good value based on its Price-To-Earnings Ratio (14.2x) compared to the European Chemicals industry average (19x).

Price to Earnings Ratio vs Fair Ratio

What is NVJP'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.

NVJP PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio14.2x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate NVJP'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 NVJP forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCHF 21.17
CHF 21.90
+3.46%
20.51%CHF 30.38CHF 13.81n/a15
Jun ’27n/a
CHF 21.51
0%
21.12%CHF 30.18CHF 13.72n/a15
May ’27n/a
CHF 17.62
0%
11.20%CHF 20.61CHF 13.74n/a14
Apr ’27n/a
CHF 17.41
0%
13.43%CHF 20.71CHF 12.89n/a14
Mar ’27n/a
CHF 17.11
0%
13.90%CHF 20.45CHF 12.72n/a14
Feb ’27n/a
CHF 16.73
0%
20.83%CHF 23.19CHF 11.13n/a15
Jan ’27n/a
CHF 14.90
0%
24.44%CHF 23.28CHF 9.31n/a14
Dec ’26n/a
CHF 13.96
0%
25.05%CHF 22.37CHF 9.32n/a15
Nov ’26n/a
CHF 13.64
0%
24.43%CHF 22.14CHF 9.22n/a15
Oct ’26n/a
CHF 13.09
0%
19.25%CHF 19.61CHF 9.34n/a15
Sep ’26n/a
CHF 13.19
0%
19.25%CHF 19.75CHF 9.41n/a15
Aug ’26n/a
CHF 12.65
0%
18.97%CHF 18.64CHF 9.32n/a15
Jul ’26n/a
CHF 11.09
0%
21.48%CHF 15.88CHF 7.47n/a15
Jun ’26n/a
CHF 10.38
0%
23.97%CHF 18.76CHF 7.88n/a17
May ’26n/a
CHF 10.42
0%
23.97%CHF 18.83CHF 7.91n/a17
Apr ’26n/a
CHF 10.94
0%
23.02%CHF 19.09CHF 8.59n/a16
Mar ’26n/a
CHF 11.10
0%
24.23%CHF 18.77CHF 8.45n/a16
Feb ’26n/a
CHF 12.30
0%
20.63%CHF 18.92CHF 8.99n/a17
Jan ’26n/a
CHF 12.91
0%
21.19%CHF 18.64CHF 9.32n/a17
Dec ’25n/a
CHF 13.18
0%
19.29%CHF 18.63CHF 9.32n/a17
Nov ’25n/a
CHF 13.92
0%
17.30%CHF 18.81CHF 9.41n/a17
Oct ’25n/a
CHF 14.04
0%
16.55%CHF 18.90CHF 10.40n/a17
Sep ’25n/a
CHF 14.48
0%
17.27%CHF 19.11CHF 10.51n/a17
Aug ’25n/a
CHF 14.83
0%
19.27%CHF 20.74CHF 10.37n/a17
Jul ’25n/a
CHF 16.60
0%
24.86%CHF 27.56CHF 12.35n/a17
Jun ’25n/a
CHF 21.50
0%
16.14%CHF 28.38CHF 16.15n/a17
CHF 22.24
Fair Value
4.8% undervalued intrinsic discount
15
Number of Analysts

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

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/14 10:36
End of Day Share Price 2026/06/08 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

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

Umicore SA is covered by 31 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Rupesh MadlaniBarclays
James StewartBarclays
Sebastian BrayBerenberg