Dongfang Electric Corporation Limited

DB:DEU Stock Report

Market Cap: €6.1b

Dongfang Electric Valuation

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

Valuation Score

3/6

Valuation Score 3/6

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

Below Fair Value: DEU (€1.15) is trading above our estimate of fair value (€1.02)

Significantly Below Fair Value: DEU is trading above our estimate of fair value.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for DEU. This is calculated by dividing DEU's market cap by their current earnings.
What is DEU's PE Ratio?
PE Ratio8.6x
EarningsCN¥3.26b
Market CapCN¥46.73b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for DEU vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average46.3x
NDX1 Nordex
125.2x63.7%€2.8b
ENR Siemens Energy
31x23.1%€36.7b
EKT Energiekontor
8x10.7%€596.9m
2GB 2G Energy
20.9x20.3%€375.8m
DEU Dongfang Electric
8.6x17.5%€50.3b

Price-To-Earnings vs Peers: DEU is good value based on its Price-To-Earnings Ratio (8.6x) compared to the peer average (46.3x).

Price to Earnings Ratio vs Industry

How does DEU's PE Ratio compare vs other companies in the European Electrical Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
DEU 8.6xIndustry Avg. 17.0xNo. of Companies10PE01224364860+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: DEU is good value based on its Price-To-Earnings Ratio (8.6x) compared to the European Electrical industry average (17x).

Price to Earnings Ratio vs Fair Ratio

What is DEU'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.

DEU PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio8.6x
Fair PE Ratio21.7x

Price-To-Earnings vs Fair Ratio: DEU is good value based on its Price-To-Earnings Ratio (8.6x) compared to the estimated Fair Price-To-Earnings Ratio (21.7x).

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 DEU forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€1.15
€1.36
+18.7%
14.2%€1.67€1.04n/a6
Nov ’25€1.18
€1.36
+15.5%
14.2%€1.67€1.04n/a6
Oct ’25€1.21
€1.32
+9.5%
13.9%€1.64€1.01n/a6
Sep ’25€1.02
€1.50
+47.3%
17.1%€1.87€1.02n/a6
Aug ’25€1.19
€1.61
+34.9%
9.8%€1.88€1.40n/a5
Jul ’25€1.43
€1.61
+12.3%
9.8%€1.88€1.40n/a5
Jun ’25€1.48
€1.53
+3.1%
5.6%€1.66€1.40n/a5
May ’25€1.24
€1.43
+15.1%
12.8%€1.56€1.12n/a4
Apr ’25€0.95
€1.24
+29.7%
13.2%€1.47€1.07n/a4
Mar ’25€1.00
€1.24
+24.0%
12.9%€1.47€1.08n/a4
Feb ’25€0.81
€1.24
+52.1%
12.9%€1.47€1.08n/a4
Jan ’25€0.80
€1.25
+56.4%
12.5%€1.48€1.08n/a4
Dec ’24€0.80
€1.25
+56.4%
12.5%€1.48€1.08n/a4
Nov ’24€0.90
€1.35
+51.1%
23.0%€1.87€1.09€1.184
Oct ’24€1.02
€1.53
+50.5%
21.1%€1.86€1.13€1.214
Sep ’24€1.05
€1.72
+64.0%
10.2%€1.89€1.43€1.024
Aug ’24€1.18
€1.67
+41.5%
9.5%€1.79€1.35€1.195
Jul ’24€1.16
€1.67
+43.9%
9.5%€1.79€1.35€1.435
Jun ’24€1.21
€1.77
+46.2%
9.9%€1.97€1.40€1.486
May ’24€1.27
€1.79
+41.1%
10.1%€1.98€1.41€1.246
Apr ’24€1.46
€1.93
+32.4%
4.9%€2.04€1.77€0.956
Mar ’24€1.51
€2.04
+34.8%
6.0%€2.19€1.81€1.006
Feb ’24€1.55
€2.05
+32.4%
4.5%€2.19€1.90€0.816
Jan ’24€1.48
€2.05
+38.7%
4.5%€2.19€1.90€0.806
Dec ’23€1.64
€1.97
+20.0%
8.9%€2.16€1.63€0.806
Nov ’23€1.53
€1.65
+8.1%
27.7%€2.11€0.79€0.905

Analyst Forecast: Target price is less than 20% higher than the current share price.

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