How does QK9's PE Ratio compare to its peers?

QK9 is good value based on its Price-To-Earnings Ratio (18.9x) compared to the peer average (31.6x).

How does QK9's PE Ratio compare vs other companies in the European Electrical Industry?

QK9 is expensive based on its Price-To-Earnings Ratio (18.9x) compared to the European Electrical industry average (16.4x).

What is QK9'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.

QK9 is good value based on its Price-To-Earnings Ratio (18.9x) compared to the estimated Fair Price-To-Earnings Ratio (25.9x).

What is the Fair Price of QK9 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

QK9 (€2.61) is trading below our estimate of [[fair value]] (€5.28)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

QK9 Stock Overview

Engages in the design, production, and distribution of motor cores for electric motors and generators in Italy, rest of Europe, Middle East, Africa, North America, Mexico, the United States, Asia, and China. More details

QK9 fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	4/6
Past Performance	2/6
Financial Health	4/6
Dividends	1/6

Rewards

Trading at 50.5% below our estimate of its fair value

Earnings are forecast to grow 43.1% per year

Analysts in good agreement that stock price will rise by 76.8%

Risk Analysis

Profit margins (2.8%) are lower than last year (4.3%)

Volatile share price over the past 3 months compared to the German market

My Notes

Capture your thoughts, links and company narrative

EuroGroup Laminations S.p.A. Competitors

SGL Carbon

XTRA:SGL

€468.3m

SFC Energy

XTRA:F3C

€286.5m

OSRAM Licht

HMSE:OSR

€4.9b

2G Energy

XTRA:2GB

€446.7m

Price History & Performance

Summary of share price highs, lows and changes for EuroGroup Laminations
Historical stock prices
Current Share Price	€2.61
52 Week High	€4.42
52 Week Low	€2.42
Beta	0
1 Month Change	-8.42%
3 Month Change	-15.75%
1 Year Change	-20.91%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-51.59%

Recent updates

Shareholder Returns

	QK9	DE Electrical	DE Market
7D	3.6%	4.7%	3.0%
1Y	-20.9%	144.4%	12.8%

Return vs Industry: QK9 underperformed the German Electrical industry which returned 144.4% over the past year.

Return vs Market: QK9 underperformed the German Market which returned 12.8% over the past year.

Price Volatility

Is QK9's price volatile compared to industry and market?
QK9 volatility
QK9 Average Weekly Movement	8.4%
Electrical Industry Average Movement	6.1%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	11.5%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: QK9's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: QK9's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of German stocks.

About the Company

Founded	Employees	CEO	Website
1967	3,000	Marco Arduini	www.euro-group.it

EuroGroup Laminations S.p.A., together with its subsidiaries, engages in the design, production, and distribution of motor cores for electric motors and generators in Italy, rest of Europe, Middle East, Africa, North America, Mexico, the United States, Asia, and China. It operates through EV & Automotive; and Industrial segments. The company offers stators and die cast rotors; and blanked and notched laminations.

EuroGroup Laminations S.p.A. Fundamentals Summary

How do EuroGroup Laminations's earnings and revenue compare to its market cap?
QK9 fundamental statistics
Market cap	€445.37m
Earnings (TTM)	€23.51m
Revenue (TTM)	€846.31m

18.9x

P/E Ratio

0.5x

P/S Ratio

Is QK9 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
QK9 income statement (TTM)
Revenue	€846.31m
Cost of Revenue	€612.52m
Gross Profit	€233.78m
Other Expenses	€210.28m
Earnings	€23.51m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.14
Gross Margin	27.62%
Net Profit Margin	2.78%
Debt/Equity Ratio	86.0%

How did QK9 perform over the long term?

See historical performance and comparison

Dividends

1.5%

Current Dividend Yield

21%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/20 17:42
End of Day Share Price	2025/01/17 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

EuroGroup Laminations S.p.A. is covered by 9 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Giovanni Selvetti	Berenberg
Michele Baldelli	BNP Paribas Exane
Alberto Gegra	Equita SIM S.p.A.