Dongfang Electric Corporation Limited

DB:DEU Stock Report

Market Cap: €5.9b

Dongfang Electric Valuation

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

Discounted Cash Flow
Simply Wall St
€11.02
Fair Value
88.4% undervalued intrinsic discount
6
Number of Analysts

Below Fair Value: DEU (€1.28) is trading below our estimate of fair value (€11.02)

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

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 Ratio9.1x
EarningsCN¥3.26b
Market CapCN¥44.86b

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 Average59.7x
NDX1 Nordex
124.5x66.2%€2.8b
EKT Energiekontor
7.9x18.1%€588.1m
2GB 2G Energy
23.3x17.7%€419.8m
OSR OSRAM Licht
83.2xn/a€5.0b
DEU Dongfang Electric
9.1x17.5%€48.1b

Price-To-Earnings vs Peers: DEU is good value based on its Price-To-Earnings Ratio (9.1x) compared to the peer average (59.7x).

Price to Earnings Ratio vs Industry

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

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
DEU 9.1xIndustry Avg. 16.8xNo. of Companies10PE01020304050+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: DEU is good value based on its Price-To-Earnings Ratio (9.1x) compared to the European Electrical industry average (16.8x).

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 Ratio9.1x
Fair PE Ratio22.9x

Price-To-Earnings vs Fair Ratio: DEU is good value based on its Price-To-Earnings Ratio (9.1x) compared to the estimated Fair Price-To-Earnings Ratio (22.9x).

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€1.28
€1.41
+10.0%
13.2%€1.71€1.09n/a6
Feb ’26€1.11
€1.41
+26.8%
13.2%€1.71€1.09n/a6
Jan ’26€1.17
€1.41
+20.3%
13.2%€1.71€1.09n/a6
Dec ’25€1.10
€1.37
+24.2%
14.2%€1.67€1.04n/a6
Nov ’25€1.18
€1.37
+15.8%
14.2%€1.67€1.04n/a6
Oct ’25€1.21
€1.33
+9.6%
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€1.08€1.114
Jan ’25€0.80
€1.25
+56.4%
12.5%€1.48€1.08€1.174
Dec ’24€0.80
€1.25
+56.4%
12.5%€1.48€1.08€1.104
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
Analyst Price Target
Consensus Narrative from 6 Analysts
€1.43
Fair Value
10.3% undervalued intrinsic discount
6
Number of Analysts

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

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/23 07:30
End of Day Share Price 2025/02/21 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.

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

Dongfang Electric Corporation Limited is covered by 45 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Victoria LiBarclays
Tingting LiBNP Paribas Securities (Asia)
Peter YaoBOCI Research Ltd.