Patrick Industries, Inc.

DB:PK2 Stock Report

Market Cap: €3.6b

Patrick Industries Valuation

Is PK2 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • 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 PK2 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: PK2 (€107) is trading below our estimate of future cash flow value (€150.94)

Significantly Below Future Cash Flow Value: PK2 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 PK2?

Key metric: As PK2 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for PK2. This is calculated by dividing PK2's market cap by their current earnings.
What is PK2's PE Ratio?
PE Ratio35.8x
EarningsUS$120.54m
Market CapUS$4.31b

Price to Earnings Ratio vs Peers

How does PK2's PE Ratio compare to its peers?

The above table shows the PE ratio for PK2 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average20.7x
HLE HELLA GmbH KGaA
56.1x19.10%€9.1b
SFQ SAF-Holland
13.7x23.33%€762.7m
NVM Novem Group
7.2x5.15%€131.7m
GMM Grammer
5.8x59.30%€93.2m
PK2 Patrick Industries
35.8x28.99%€4.3b

Price-To-Earnings vs Peers: PK2 is expensive based on its Price-To-Earnings Ratio (35.8x) compared to the peer average (20.6x).

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 PK2's PE Ratio compare vs other companies in the European Auto Components Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
PK2 35.8xIndustry Avg. 13.8xNo. of Companies9PE01020304050+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: PK2 is expensive based on its Price-To-Earnings Ratio (35.8x) compared to the European Auto Components industry average (13.6x).

Price to Earnings Ratio vs Fair Ratio

What is PK2'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.

PK2 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio35.8x
Fair PE Ratio15.3x

Price-To-Earnings vs Fair Ratio: PK2 is expensive based on its Price-To-Earnings Ratio (35.8x) compared to the estimated Fair Price-To-Earnings Ratio (15.3x).

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 PK2 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€107.00
€100.15
-6.40%
13.01%€118.43€80.36n/a10
Jan ’27€93.50
€94.55
+1.12%
6.75%€102.49€81.14n/a10
Dec ’26€91.50
€96.01
+4.92%
6.34%€100.19€82.76n/a10
Nov ’26€87.00
€95.16
+9.38%
6.20%€99.76€82.41n/a10
Oct ’26€86.50
€93.32
+7.89%
4.82%€99.37€82.09n/a9
Sep ’26€94.00
€93.32
-0.72%
4.82%€99.37€82.09n/a9
Aug ’26€84.00
€91.83
+9.32%
9.05%€99.31€69.09n/a9
Jul ’26€77.00
€85.07
+10.49%
8.46%€95.49€69.45n/a9
Jun ’26€75.00
€85.19
+13.59%
9.06%€96.83€70.42n/a9
May ’26€68.00
€89.55
+31.70%
9.34%€106.28€75.28n/a9
Apr ’26€77.00
€95.32
+23.80%
13.64%€109.88€67.76n/a10
Mar ’26€85.00
€99.47
+17.02%
13.64%€114.66€70.71n/a10
Feb ’26€94.50
€96.28
+1.88%
17.82%€134.39€70.07n/a10
Jan ’26€79.50
€98.97
+24.49%
24.43%€162.10€69.61€93.5010
Dec ’25€84.67
€89.99
+6.29%
15.35%€106.85€60.42€91.5010
Nov ’25€76.67
€87.05
+13.54%
15.35%€103.35€58.44€87.0010
Oct ’25€84.67
€82.51
-2.55%
14.36%€98.79€56.88€86.5010
Sep ’25€77.33
€78.99
+2.14%
12.41%€90.29€57.18€94.009
Aug ’25€79.33
€78.15
-1.49%
13.42%€92.67€58.69€84.008
Jul ’25€67.33
€75.59
+12.26%
11.45%€90.03€58.98€77.008
Jun ’25€69.33
€74.81
+7.90%
11.45%€89.10€58.37€75.008
May ’25€66.33
€74.28
+11.98%
11.54%€90.41€59.24€68.008
Apr ’25€72.00
€72.71
+0.99%
11.84%€88.97€58.29€77.008
Mar ’25€74.00
€70.93
-4.15%
16.19%€89.34€49.91€85.008
Feb ’25€62.00
€62.63
+1.02%
13.85%€76.66€49.06€94.508
Jan ’25€60.67
€58.14
-4.16%
10.39%€68.13€49.55€79.508
€97.81
Fair Value
9.4% 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 Analysis2026/01/29 19:49
End of Day Share Price 2026/01/29 00:00
Earnings2025/09/28
Annual Earnings2024/12/31

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

Patrick Industries, Inc. is covered by 15 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Craig KennisonBaird
Michael AlbaneseBenchmark Company
Tristan Thomas-MartinBMO Capital Markets Equity Research