Traton SE

XTRA:8TRA Stock Report

Market Cap: €14.8b

Traton Valuation

Is 8TRA undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • 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 8TRA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 8TRA (€29.55) is trading below our estimate of fair value (€86.85)

Significantly Below Fair Value: 8TRA is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 8TRA?

Key metric: As 8TRA is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 8TRA. This is calculated by dividing 8TRA's market cap by their current earnings.
What is 8TRA's PE Ratio?
PE Ratio5.7x
Earnings€2.57b
Market Cap€14.78b

Price to Earnings Ratio vs Peers

How does 8TRA's PE Ratio compare to its peers?

The above table shows the PE ratio for 8TRA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average12.6x
KBX Knorr-Bremse
19.5x10.8%€11.7b
DTG Daimler Truck Holding
8.6x11.6%€28.7b
KGX KION GROUP
13.6x17.4%€4.5b
JUN3 Jungheinrich
8.9x7.1%€2.5b
8TRA Traton
5.7x8.1%€14.8b

Price-To-Earnings vs Peers: 8TRA is good value based on its Price-To-Earnings Ratio (5.7x) compared to the peer average (12.6x).

Price to Earnings Ratio vs Industry

How does 8TRA's PE Ratio compare vs other companies in the DE Machinery Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
8TRA 5.7xIndustry Avg. 14.8xNo. of Companies6PE01020304050+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 8TRA is good value based on its Price-To-Earnings Ratio (5.7x) compared to the German Machinery industry average (14.8x).

Price to Earnings Ratio vs Fair Ratio

What is 8TRA'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.

8TRA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio5.7x
Fair PE Ratio18.1x

Price-To-Earnings vs Fair Ratio: 8TRA is good value based on its Price-To-Earnings Ratio (5.7x) compared to the estimated Fair Price-To-Earnings Ratio (18.1x).

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 8TRA forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€29.55
€37.32
+26.3%
23.5%€55.00€21.00n/a15
Nov ’25€29.15
€37.19
+27.6%
23.9%€55.00€21.00n/a15
Oct ’25€28.70
€36.24
+26.3%
24.0%€55.00€21.00n/a16
Sep ’25€29.90
€36.55
+22.3%
24.1%€55.00€22.00n/a15
Aug ’25€28.25
€36.94
+30.8%
23.2%€55.00€22.00n/a15
Jul ’25€30.70
€36.67
+19.4%
22.4%€55.00€22.00n/a15
Jun ’25€32.75
€36.85
+12.5%
22.1%€55.00€22.00n/a15
May ’25€33.35
€35.31
+5.9%
25.3%€55.00€21.00n/a16
Apr ’25€33.34
€32.05
-3.9%
29.1%€50.00€19.80n/a15
Mar ’25€26.00
€26.76
+2.9%
21.7%€40.00€19.80n/a14
Feb ’25€22.80
€26.18
+14.8%
22.1%€40.00€19.80n/a15
Jan ’25€21.32
€25.98
+21.9%
22.1%€40.00€19.80n/a15
Dec ’24€20.16
€25.88
+28.4%
22.5%€40.00€19.80n/a15
Nov ’24€18.45
€25.38
+37.6%
23.3%€40.00€19.80€29.1516
Oct ’24€19.93
€24.98
+25.3%
25.2%€40.00€16.00€28.7016
Sep ’24€19.18
€24.98
+30.2%
25.2%€40.00€16.00€29.9016
Aug ’24€20.24
€24.48
+20.9%
26.0%€40.00€16.00€28.2516
Jul ’24€19.60
€24.32
+24.1%
25.1%€38.00€16.00€30.7015
Jun ’24€18.86
€24.03
+27.4%
25.1%€38.00€16.00€32.7516
May ’24€20.92
€22.79
+8.9%
23.4%€35.00€16.00€33.3516
Apr ’24€18.03
€20.91
+16.0%
25.0%€35.00€15.00€33.3415
Mar ’24€15.50
€18.86
+21.7%
22.5%€30.00€14.00€26.0014
Feb ’24€16.00
€18.68
+16.7%
23.6%€30.00€13.50€22.8014
Jan ’24€14.13
€18.36
+29.9%
24.0%€30.00€13.50€21.3214
Dec ’23€15.26
€18.90
+23.9%
27.3%€30.00€13.00€20.1615
Nov ’23€13.09
€18.97
+44.9%
27.1%€30.00€13.00€18.4515

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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