Austal Limited

DB:LX6 Stock Report

Market Cap: €716.2m

Austal Valuation

Is LX6 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-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 LX6 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: LX6 (€1.96) is trading above our estimate of fair value (€0.42)

Significantly Below Fair Value: LX6 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for LX6?

Key metric: As LX6 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for LX6. This is calculated by dividing LX6's market cap by their current earnings.
What is LX6's PE Ratio?
PE Ratio77.1x
EarningsAU$14.88m
Market CapAU$1.15b

Price to Earnings Ratio vs Peers

How does LX6's PE Ratio compare to its peers?

The above table shows the PE ratio for LX6 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average23.7x
OHB OHB
12.7x11.0%€886.8m
FQT Frequentis
18.5x14.9%€317.1m
MTX MTU Aero Engines
24.2x10.7%€17.1b
RHM Rheinmetall
39.2x29.0%€26.9b
LX6 Austal
77.1x41.3%€1.1b

Price-To-Earnings vs Peers: LX6 is expensive based on its Price-To-Earnings Ratio (77.1x) compared to the peer average (23.7x).

Price to Earnings Ratio vs Industry

How does LX6's PE Ratio compare vs other companies in the European Aerospace & Defense Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
LX6 77.1xIndustry Avg. 24.6xNo. of Companies9PE020406080100+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: LX6 is expensive based on its Price-To-Earnings Ratio (77.1x) compared to the European Aerospace & Defense industry average (24.2x).

Price to Earnings Ratio vs Fair Ratio

What is LX6'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.

LX6 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio77.1x
Fair PE Ratio29.2x

Price-To-Earnings vs Fair Ratio: LX6 is expensive based on its Price-To-Earnings Ratio (77.1x) compared to the estimated Fair Price-To-Earnings Ratio (29.2x).

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 LX6 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€1.96
€2.09
+6.5%
15.9%€2.51€1.52n/a5
Nov ’25€1.84
€2.04
+10.9%
16.1%€2.56€1.54n/a5
Oct ’25€1.73
€2.00
+15.9%
17.9%€2.55€1.54n/a4
Sep ’25€1.35
€1.91
+41.4%
19.5%€2.54€1.56n/a4
Aug ’25€1.49
€1.77
+18.9%
7.0%€1.92€1.58n/a4
Jul ’25€1.49
€1.77
+18.9%
7.0%€1.92€1.58n/a4
Jun ’25€1.45
€1.69
+16.4%
14.0%€1.91€1.29n/a4
May ’25€1.36
€1.67
+22.8%
14.0%€1.89€1.28n/a4
Apr ’25€1.28
€1.54
+20.7%
16.5%€1.87€1.27n/a4
Mar ’25€1.13
€1.54
+36.7%
16.5%€1.87€1.27n/a4
Feb ’25€1.18
€1.52
+28.9%
11.9%€1.70€1.30n/a4
Jan ’25€1.22
€1.52
+24.6%
11.9%€1.70€1.30n/a4
Dec ’24€1.12
€1.46
+30.2%
14.1%€1.65€1.17n/a4
Nov ’24€1.04
€1.46
+40.3%
14.1%€1.65€1.17€1.844
Oct ’24€1.13
€1.36
+20.7%
18.6%€1.65€1.01€1.735
Sep ’24€1.11
€1.38
+24.5%
19.9%€1.74€1.01€1.355
Aug ’24€1.37
€1.48
+8.3%
17.3%€1.75€1.02€1.495
Jul ’24€1.41
€1.54
+9.4%
21.6%€1.91€1.04€1.495
Jun ’24€1.26
€1.34
+6.3%
15.2%€1.60€1.04€1.454
May ’24€0.96
€1.28
+32.2%
16.9%€1.63€1.06€1.364
Apr ’24€1.05
€1.28
+21.5%
16.9%€1.63€1.06€1.284
Mar ’24€1.15
€1.37
+18.8%
13.1%€1.66€1.18€1.134
Feb ’24€1.05
€1.48
+40.7%
14.0%€1.77€1.14€1.185
Jan ’24€1.30
€1.74
+33.6%
20.6%€2.38€1.36€1.225
Dec ’23€1.49
€1.74
+16.5%
20.6%€2.38€1.36€1.125
Nov ’23€1.59
€1.74
+9.2%
20.6%€2.38€1.36€1.045

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

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