Ceres Power Holdings plc

DB:CFJA Stock Report

Market Cap: €403.6m

Ceres Power Holdings Valuation

Is CFJA 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 CFJA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

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

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

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for CFJA. This is calculated by dividing CFJA's market cap by their current revenue.
What is CFJA's PS Ratio?
PS Ratio8.5x
SalesUK£39.16m
Market CapUK£334.52m

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for CFJA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1.2x
SGL SGL Carbon
0.5x6.9%€487.2m
CEA FRIWO
2.2xn/a€198.5m
F3C SFC Energy
2.2x20.0%€300.7m
VAR1 Varta
0.08x4.3%€64.9m
CFJA Ceres Power Holdings
8.5x20.9%€334.5m

Price-To-Sales vs Peers: CFJA is expensive based on its Price-To-Sales Ratio (8.5x) compared to the peer average (1.2x).

Price to Sales Ratio vs Industry

How does CFJA's PS Ratio compare vs other companies in the DE Electrical Industry?

3 CompaniesPrice / SalesEstimated GrowthMarket Cap
VAR1 Varta
0.08x4.3%US$67.62m
C0M Compleo Charging Solutions
0.1x27.6%US$15.58m
LMIA LION E-Mobility
0.2x29.5%US$7.15m
No more companies available in this PS range
CFJA 8.5xIndustry Avg. 1.0xNo. of Companies4PS012345+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: CFJA is expensive based on its Price-To-Sales Ratio (8.5x) compared to the European Electrical industry average (1x).

Price to Sales Ratio vs Fair Ratio

What is CFJA'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.

CFJA PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio8.5x
Fair PS Ratio3x

Price-To-Sales vs Fair Ratio: CFJA is expensive based on its Price-To-Sales Ratio (8.5x) compared to the estimated Fair Price-To-Sales Ratio (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 CFJA forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€2.01
€4.96
+146.9%
50.8%€9.22€1.39n/a12
Dec ’25€1.93
€4.99
+159.1%
50.3%€9.22€1.39n/a12
Nov ’25€2.32
€4.87
+110.1%
52.4%€9.14€1.37n/a12
Oct ’25€3.16
€5.18
+63.8%
47.7%€9.18€1.92n/a11
Sep ’25€2.14
€4.63
+115.8%
53.7%€8.96€1.46n/a12
Aug ’25€2.42
€4.59
+89.9%
52.3%€9.11€1.49n/a13
Jul ’25€2.07
€4.50
+117.0%
52.0%€9.01€1.47n/a13
Jun ’25€2.70
€4.54
+68.1%
49.7%€8.90€1.45n/a14
May ’25€2.00
€4.60
+129.6%
49.3%€8.87€1.45n/a14
Apr ’25€1.61
€4.77
+195.7%
50.3%€9.35€1.46n/a14
Mar ’25€1.94
€4.77
+146.4%
50.3%€9.35€1.46n/a14
Feb ’25€2.42
€5.26
+117.0%
44.5%€9.36€1.87n/a11
Jan ’25€2.18
€6.25
+187.0%
50.4%€11.84€2.33n/a11
Dec ’24€2.00
€6.64
+231.5%
49.9%€11.86€2.34€1.9310
Nov ’24€2.30
€7.26
+215.8%
42.1%€11.88€2.30€2.3211
Oct ’24€3.56
€8.29
+133.0%
27.2%€11.94€5.08€3.1611
Sep ’24€3.86
€8.48
+119.7%
30.9%€13.35€4.27€2.1413
Aug ’24€4.15
€8.49
+104.8%
31.3%€13.31€4.26€2.4213
Jul ’24€3.48
€8.60
+147.5%
32.8%€13.79€4.20€2.0713
Jun ’24€3.42
€8.60
+151.5%
32.8%€13.79€4.20€2.7013
May ’24€3.96
€8.89
+124.5%
36.4%€14.68€4.12€2.0013
Apr ’24€4.47
€9.13
+104.0%
35.7%€14.79€4.15€1.6112
Mar ’24€4.84
€9.51
+96.2%
40.6%€17.53€4.10€1.9412
Feb ’24€5.44
€9.74
+79.1%
40.1%€17.70€4.14€2.4212
Jan ’24€3.91
€10.43
+166.6%
40.2%€17.76€4.16€2.1813
Dec ’23€4.50
€10.80
+140.1%
37.2%€18.04€4.22€2.0013

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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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/28 18:54
End of Day Share Price 2024/12/27 00:00
Earnings2024/06/30
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

Ceres Power Holdings plc is covered by 23 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
James CarmichaelBerenberg
Jean-Baptiste RollandBofA Global Research
Thomas MordelleBryan Garnier & Co