ACCO Brands Valuation

Is A3B 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-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of A3B when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: A3B (€4.54) is trading below our estimate of fair value (€16.99)

Significantly Below Fair Value: A3B is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for A3B?

Other financial metrics that can be useful for relative valuation.

A3B key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.8x
Enterprise Value/EBITDA6.4x
PEG Ration/a

Price to Sales Ratio vs Peers

How does A3B's PS Ratio compare to its peers?

The above table shows the PS ratio for A3B vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average0.3x
TTK TAKKT
0.7x3.6%€843.1m
EDD3 edding
0.3xn/a€40.1m
FPH Francotyp-Postalia Holding
0.2x1.4%€40.8m
TUR Turbon
0.2xn/a€12.9m
A3B ACCO Brands
0.3x-0.8%€470.5m

Price-To-Sales vs Peers: A3B is good value based on its Price-To-Sales Ratio (0.3x) compared to the peer average (0.3x).


Price to Earnings Ratio vs Industry

How does A3B's PE Ratio compare vs other companies in the European Commercial Services Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a18.2%
n/an/an/a
No. of CompaniesPS048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a18.2%
n/an/an/a
No more companies

Price-To-Sales vs Industry: A3B is good value based on its Price-To-Sales Ratio (0.3x) compared to the European Commercial Services industry average (0.7x).


Price to Sales Ratio vs Fair Ratio

What is A3B's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

A3B PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.3x
Fair PS Ratio0.5x

Price-To-Sales vs Fair Ratio: A3B is good value based on its Price-To-Sales Ratio (0.3x) compared to the estimated Fair Price-To-Sales Ratio (0.5x).


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 A3B forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€4.54
€9.98
+119.9%
22.1%€11.98€6.91n/a3
Apr ’25€5.15
€9.98
+93.9%
22.1%€11.98€6.91n/a3
Mar ’25€5.10
€9.98
+95.8%
22.1%€11.98€6.91n/a3
Feb ’25€5.55
€10.33
+86.2%
24.3%€12.96€6.94n/a3
Jan ’25€5.30
€8.88
+67.6%
30.6%€12.00€5.54n/a4
Dec ’24€4.88
€9.14
+87.4%
29.3%€12.19€5.63n/a4
Nov ’24€4.74
€9.14
+92.9%
29.3%€12.19€5.63n/a4
Oct ’24€5.35
€9.14
+70.9%
29.3%€12.19€5.63n/a4
Sep ’24€4.86
€8.88
+82.7%
29.3%€11.84€5.46n/a4
Aug ’24€5.50
€9.11
+65.6%
31.6%€12.75€5.46n/a4
Jul ’24€4.70
€9.11
+93.8%
31.6%€12.75€5.46n/a4
Jun ’24€4.48
€9.11
+103.3%
31.6%€12.75€5.46n/a4
May ’24€4.04
€9.21
+127.8%
31.6%€12.89€5.52€4.544
Apr ’24€4.74
€9.21
+94.2%
31.6%€12.89€5.52€5.154
Mar ’24€5.30
€9.22
+73.9%
34.3%€13.23€5.67€5.104
Feb ’24€5.75
€10.74
+86.8%
28.2%€14.98€6.99€5.554
Jan ’24€5.40
€10.74
+98.9%
28.2%€14.98€6.99€5.304
Dec ’23€5.20
€10.74
+106.5%
28.2%€14.98€6.99€4.884
Nov ’23€4.56
€10.92
+139.5%
28.2%€15.24€7.11€4.744
Oct ’23€4.98
€12.75
+156.1%
29.5%€19.01€9.00€5.354
Sep ’23€5.80
€12.52
+115.9%
29.5%€18.66€8.84€4.864
Aug ’23€6.85
€14.45
+111.0%
21.1%€19.59€11.76€5.504
Jul ’23€6.45
€12.14
+88.2%
6.3%€13.07€11.21€4.703
Jun ’23€6.80
€13.03
+91.6%
10.8%€15.16€11.37€4.484
May ’23€7.10
€13.03
+83.5%
10.8%€15.16€11.37€4.044

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.


Discover undervalued companies

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.