Voestalpine Valuation
Is VOE undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
4/6Valuation 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 VOE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: VOE (CZK638.6) is trading below our estimate of fair value (CZK892.44)
Significantly Below Fair Value: VOE is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for VOE?
Other financial metrics that can be useful for relative valuation.
| What is VOE's n/a Ratio? | |
|---|---|
| n/a | 0x |
| n/a | n/a |
| Market Cap | €4.34b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 0.4x |
| Enterprise Value/EBITDA | 4.2x |
| PEG Ratio | -3.6x |
Price to Earnings Ratio vs Peers
How does VOE's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 15.8x | ||
5406 Kobe Steel | 5.6x | -8.5% | JP¥750.4b |
ICH B Industrias CH S. A. B. de C. V | 23.5x | n/a | Mex$77.6b |
SSAB A SSAB | 5.2x | -19.2% | kr61.6b |
CRS Carpenter Technology | 29x | 28.7% | US$4.2b |
VOE Voestalpine | 6.9x | -1.9% | Kč4.3b |
Price-To-Earnings vs Peers: VOE is good value based on its Price-To-Earnings Ratio (6.9x) compared to the peer average (15.8x).
Price to Earnings Ratio vs Industry
How does VOE's PE Ratio compare vs other companies in the European Metals and Mining Industry?
Price-To-Earnings vs Industry: VOE is good value based on its Price-To-Earnings Ratio (6.9x) compared to the European Metals and Mining industry average (13.5x).
Price to Earnings Ratio vs Fair Ratio
What is VOE'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.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 6.9x |
| Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate VOE'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?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | n/a | Kč743.00 0% | 14.3% | Kč958.71 | Kč560.09 | n/a | 12 |
| Apr ’25 | n/a | Kč756.88 0% | 13.7% | Kč987.51 | Kč627.95 | n/a | 12 |
| Mar ’25 | Kč647.00 | Kč764.55 +18.2% | 13.1% | Kč987.87 | Kč653.52 | n/a | 12 |
| Feb ’25 | Kč688.20 | Kč752.49 +9.3% | 12.4% | Kč965.37 | Kč638.63 | n/a | 12 |
| Jan ’25 | Kč706.00 | Kč752.81 +6.6% | 15.1% | Kč981.15 | Kč632.84 | n/a | 11 |
| Dec ’24 | Kč636.60 | Kč739.26 +16.1% | 16.7% | Kč980.04 | Kč607.62 | n/a | 11 |
| Nov ’24 | n/a | Kč760.06 0% | 17.9% | Kč987.38 | Kč582.56 | n/a | 11 |
| Oct ’24 | Kč634.60 | Kč791.08 +24.7% | 15.6% | Kč973.63 | Kč589.05 | n/a | 12 |
| Sep ’24 | Kč661.40 | Kč785.72 +18.8% | 15.2% | Kč963.34 | Kč582.82 | n/a | 12 |
| Aug ’24 | n/a | Kč820.29 0% | 13.8% | Kč982.67 | Kč608.77 | n/a | 12 |
| Jul ’24 | n/a | Kč826.22 0% | 14.0% | Kč972.72 | Kč595.50 | n/a | 12 |
| Jun ’24 | n/a | Kč847.48 0% | 13.7% | Kč993.49 | Kč593.73 | n/a | 11 |
| May ’24 | n/a | Kč846.18 0% | 14.8% | Kč1,032.79 | Kč589.16 | n/a | 10 |
| Apr ’24 | n/a | Kč834.51 0% | 17.7% | Kč1,037.25 | Kč528.05 | n/a | 12 |
| Mar ’24 | n/a | Kč832.41 0% | 18.2% | Kč1,042.67 | Kč554.51 | Kč647.00 | 11 |
| Feb ’24 | Kč725.60 | Kč761.49 +4.9% | 15.9% | Kč950.51 | Kč510.90 | Kč688.20 | 11 |
| Jan ’24 | n/a | Kč668.24 0% | 20.4% | Kč971.44 | Kč485.72 | Kč706.00 | 13 |
| Dec ’23 | Kč643.40 | Kč662.24 +2.9% | 21.0% | Kč975.54 | Kč478.02 | Kč636.60 | 13 |
| Nov ’23 | Kč531.60 | Kč625.41 +17.6% | 20.7% | Kč978.96 | Kč462.56 | n/a | 13 |
| Oct ’23 | Kč417.60 | Kč671.54 +60.8% | 22.3% | Kč987.32 | Kč466.51 | Kč634.60 | 15 |
| Sep ’23 | n/a | Kč706.81 0% | 22.6% | Kč1,006.01 | Kč515.27 | Kč661.40 | 16 |
| Aug ’23 | n/a | Kč718.25 0% | 23.5% | Kč1,009.58 | Kč517.10 | n/a | 16 |
| Jul ’23 | n/a | Kč786.64 0% | 19.2% | Kč1,014.23 | Kč494.74 | n/a | 16 |
| Jun ’23 | Kč674.60 | Kč856.30 +26.9% | 18.6% | Kč1,111.27 | Kč567.98 | n/a | 16 |
| May ’23 | n/a | Kč846.40 0% | 18.9% | Kč1,105.40 | Kč564.98 | n/a | 16 |
| Apr ’23 | Kč668.40 | Kč876.63 +31.2% | 14.7% | Kč1,047.45 | Kč669.88 | n/a | 16 |
Analyst Forecast: Target price is less than 20% higher than the current share price.