Lucid Group, Inc.

DB:CH2A Stock Report

Market Cap: €9.0b

Lucid Group Valuation

Is CH2A undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of CH2A when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate CH2A's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate CH2A's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CH2A?

Key metric: As CH2A is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for CH2A. This is calculated by dividing CH2A's market cap by their current revenue.
What is CH2A's PS Ratio?
PS Ratio12.7x
SalesUS$730.51m
Market CapUS$9.24b

Price to Sales Ratio vs Peers

How does CH2A's PS Ratio compare to its peers?

The above table shows the PS ratio for CH2A vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average0.6x
BMW Bayerische Motoren Werke
0.3x2.0%€48.1b
VOW3 Volkswagen
0.1x2.1%€47.4b
P911 Dr. Ing. h.c. F. Porsche
1.4x4.3%€55.6b
MBG Mercedes-Benz Group
0.4x0.5%€52.4b
CH2A Lucid Group
12.7x38.1%€9.2b

Price-To-Sales vs Peers: CH2A is expensive based on its Price-To-Sales Ratio (12.7x) compared to the peer average (0.6x).

Price to Sales Ratio vs Industry

How does CH2A's PS Ratio compare vs other companies in the European Auto Industry?

5 CompaniesPrice / SalesEstimated GrowthMarket Cap
CH2A 12.7xIndustry Avg. 0.3xNo. of Companies5PS00.40.81.21.62+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: CH2A is expensive based on its Price-To-Sales Ratio (12.7x) compared to the European Auto industry average (0.3x).

Price to Sales Ratio vs Fair Ratio

What is CH2A's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CH2A PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio12.7x
Fair PS Ratio0.003x

Price-To-Sales vs Fair Ratio: CH2A is expensive based on its Price-To-Sales Ratio (12.7x) compared to the estimated Fair Price-To-Sales Ratio (0x).

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 CH2A forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€3.05
€2.64
-13.2%
26.1%€3.37€1.20n/a10
Jan ’26€3.03
€2.65
-12.5%
26.1%€3.38€1.21n/a10
Dec ’25€2.05
€2.69
+31.7%
29.0%€3.99€1.19n/a10
Nov ’25€2.07
€2.94
+42.1%
24.4%€3.86€1.62n/a10
Oct ’25€2.97
€2.86
-3.6%
24.5%€3.74€1.57n/a10
Sep ’25€3.59
€2.90
-19.2%
22.0%€3.66€1.60n/a12
Aug ’25€3.00
€2.82
-6.1%
21.2%€3.67€1.61n/a12
Jul ’25€2.48
€2.81
+13.2%
21.0%€3.72€1.63n/a12
Jun ’25€2.59
€2.81
+8.2%
21.0%€3.72€1.63n/a12
May ’25€2.27
€3.07
+34.8%
21.9%€3.75€1.64n/a13
Apr ’25€2.67
€3.12
+16.8%
23.9%€4.15€1.62n/a12
Mar ’25€3.02
€3.39
+12.4%
30.1%€5.54€1.61n/a11
Feb ’25€3.10
€4.30
+38.9%
29.2%€6.43€2.07n/a12
Jan ’25€3.92
€4.55
+16.1%
23.9%€6.50€2.79€3.0312
Dec ’24€3.83
€4.47
+16.7%
25.0%€6.39€2.74€2.0511
Nov ’24€3.80
€6.25
+64.4%
31.6%€9.45€3.31€2.0712
Oct ’24€5.32
€6.78
+27.4%
24.8%€9.35€4.67€2.9712
Sep ’24€5.72
€6.80
+18.8%
26.0%€9.19€4.59€3.5910
Aug ’24€6.66
€7.43
+11.7%
25.3%€10.85€4.52€3.009
Jul ’24€6.57
€8.25
+25.6%
28.9%€11.23€4.68€2.488
Jun ’24€6.11
€8.25
+34.9%
28.9%€11.23€4.68€2.598
May ’24€7.27
€9.22
+26.8%
32.1%€14.52€4.54€2.279
Apr ’24€7.45
€9.84
+32.1%
29.7%€14.91€4.66€2.678
Mar ’24€8.00
€10.14
+26.8%
29.0%€15.09€4.72€3.028
Feb ’24n/a
€12.77
0%
31.2%€16.59€4.61€3.107
Jan ’24n/a
€16.31
0%
30.8%€24.47€9.41€3.926
Analyst Price Target
Consensus Narrative from 10 Analysts
€2.73
Fair Value
11.8% overvalued intrinsic discount
10
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/20 14:58
End of Day Share Price 2025/01/17 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

Lucid Group, Inc. is covered by 18 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Benjamin KalloBaird
Ishan MajumdarBaptista Research
James PicarielloBNP Paribas Exane