Columbus McKinnon Corporation

DB:VC3 Stock Report

Market Cap: €1.0b

Columbus McKinnon Valuation

Is VC3 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • 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 VC3 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: VC3 (€34.8) is trading below our estimate of fair value (€84.69)

Significantly Below Fair Value: VC3 is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for VC3?

Key metric: As VC3 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for VC3. This is calculated by dividing VC3's market cap by their current earnings.
What is VC3's PE Ratio?
PE Ratio69.6x
EarningsUS$15.12m
Market CapUS$1.07b

Price to Earnings Ratio vs Peers

How does VC3's PE Ratio compare to its peers?

The above table shows the PE ratio for VC3 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average13.6x
KSB KSB SE KGaA
7.5x7.7%€1.1b
STM Stabilus
11.3x16.6%€852.2m
MBH3 Maschinenfabrik Berthold Hermle
11xn/a€880.0m
PFV Pfeiffer Vacuum Technology
24.8xn/a€1.5b
VC3 Columbus McKinnon
69.6x101.1%€1.1b

Price-To-Earnings vs Peers: VC3 is expensive based on its Price-To-Earnings Ratio (69.6x) compared to the peer average (13.7x).


Price to Earnings Ratio vs Industry

How does VC3's PE Ratio compare vs other companies in the DE Machinery Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
VC3 69.6xIndustry Avg. 14.6xNo. of Companies6PE01020304050+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: VC3 is expensive based on its Price-To-Earnings Ratio (69.6x) compared to the German Machinery industry average (14.8x).


Price to Earnings Ratio vs Fair Ratio

What is VC3'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.

VC3 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio69.6x
Fair PE Ratio91.9x

Price-To-Earnings vs Fair Ratio: VC3 is good value based on its Price-To-Earnings Ratio (69.6x) compared to the estimated Fair Price-To-Earnings Ratio (91.9x).


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 VC3 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€29.00
€45.05
+55.3%
1.8%€45.97€44.13n/a5
Oct ’25€32.20
€45.45
+41.1%
2.1%€46.73€43.98n/a5
Sep ’25€30.20
€45.45
+50.5%
2.1%€46.73€43.98n/a5
Aug ’25€35.20
€45.96
+30.6%
2.1%€47.26€44.48n/a5
Jul ’25€31.80
€45.95
+44.5%
3.3%€48.70€44.11n/a5
Jun ’25€36.20
€45.48
+25.6%
1.7%€46.17€44.32n/a4
May ’25€39.20
€46.32
+18.2%
1.4%€47.24€45.39n/a4
Apr ’25€40.60
€46.32
+14.1%
1.4%€47.24€45.39n/a4
Mar ’25€38.40
€46.32
+20.6%
1.4%€47.24€45.39n/a4
Feb ’25€36.00
€45.54
+26.5%
2.3%€46.92€44.16n/a4
Jan ’25€35.60
€45.90
+28.9%
1.7%€47.08€45.20n/a4
Dec ’24€31.80
€45.90
+44.3%
1.7%€47.08€45.20n/a4
Nov ’24€28.80
€47.55
+65.1%
5.7%€52.05€45.42€29.004
Oct ’24€33.40
€47.05
+40.9%
5.7%€51.50€44.95€32.204
Sep ’24€34.60
€44.30
+28.0%
9.6%€49.98€38.17€30.204
Aug ’24€38.40
€42.15
+9.8%
11.4%€50.39€38.48€35.204
Jul ’24€37.60
€42.15
+12.1%
11.4%€50.39€38.48€31.804
Jun ’24€34.00
€40.55
+19.3%
2.6%€41.95€39.15€36.204
May ’24€31.00
€38.28
+23.5%
6.6%€40.82€33.57€39.205
Apr ’24€33.20
€39.09
+17.7%
6.6%€41.68€34.27€40.605
Mar ’24€34.80
€39.09
+12.3%
6.6%€41.68€34.27€38.405
Feb ’24€32.80
€34.77
+6.0%
9.0%€40.05€31.86€36.005
Jan ’24€30.40
€38.35
+26.1%
6.0%€41.01€35.89€35.605
Dec ’23€30.60
€38.35
+25.3%
6.0%€41.01€35.89€31.805
Nov ’23€28.60
€37.86
+32.4%
6.0%€40.50€35.43€28.805

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


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