VRG S.A.

DB:1NL Stock Report

Market Cap: €177.2m

VRG Valuation

Is 1NL undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • 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 1NL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
€0.68
Fair Value
8.4% overvalued intrinsic discount
3
Number of Analysts

Below Fair Value: 1NL (€0.73) is trading above our estimate of fair value (€0.68)

Significantly Below Fair Value: 1NL is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 1NL?

Key metric: As 1NL is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 1NL. This is calculated by dividing 1NL's market cap by their current earnings.
What is 1NL's PE Ratio?
PE Ratio8.3x
Earningszł90.48m
Market Capzł754.95m

Price to Earnings Ratio vs Peers

How does 1NL's PE Ratio compare to its peers?

The above table shows the PE ratio for 1NL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average60.9x
BIJ Bijou Brigitte modische Accessoires
13.2xn/a€278.7m
BOSS Hugo Boss
13.9x13.3%€3.0b
ML2 Ming Le Sports
40xn/a€3.7m
ZPF Zapf Creation
176.5xn/a€199.4m
1NL VRG
8.3x2.8%€754.9m

Price-To-Earnings vs Peers: 1NL is good value based on its Price-To-Earnings Ratio (8.3x) compared to the peer average (61x).

Price to Earnings Ratio vs Industry

How does 1NL's PE Ratio compare vs other companies in the European Luxury Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
1NL 8.3xIndustry Avg. 15.7xNo. of Companies6PE01020304050+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 1NL is good value based on its Price-To-Earnings Ratio (8.3x) compared to the European Luxury industry average (16.2x).

Price to Earnings Ratio vs Fair Ratio

What is 1NL'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.

1NL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio8.3x
Fair PE Ratio9.8x

Price-To-Earnings vs Fair Ratio: 1NL is good value based on its Price-To-Earnings Ratio (8.3x) compared to the estimated Fair Price-To-Earnings Ratio (9.8x).

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 1NL forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€0.73
€0.86
+17.8%
5.9%€0.93€0.81n/a3
Jan ’26€0.72
€0.86
+19.5%
5.9%€0.93€0.81n/a3
Dec ’25€0.73
€0.85
+16.9%
6.6%€0.93€0.79n/a3
Nov ’25€0.73
€0.87
+18.9%
5.8%€0.94€0.82n/a3
Oct ’25€0.79
€0.87
+10.5%
5.8%€0.94€0.82n/a3
Sep ’25€0.80
€0.87
+8.8%
5.8%€0.94€0.82n/a3
Aug ’25€0.80
€0.96
+19.2%
18.4%€1.26€0.81n/a4
Jul ’25€0.76
€0.98
+28.7%
16.4%€1.26€0.84n/a4
Jun ’25€0.79
€0.98
+24.8%
16.4%€1.26€0.84n/a4
May ’25€0.75
€1.00
+34.7%
17.9%€1.25€0.83n/a3
Apr ’25€0.72
€1.04
+43.4%
20.1%€1.24€0.83n/a2
Mar ’25€0.76
€1.04
+36.5%
20.1%€1.24€0.83n/a2
Feb ’25€0.76
€1.04
+35.8%
20.1%€1.24€0.83n/a2
Jan ’25€0.78
€1.02
+31.1%
20.1%€1.22€0.81€0.722
Dec ’24€0.71
€1.02
+42.5%
20.1%€1.22€0.81€0.732
Nov ’24€0.67
€1.02
+51.4%
20.1%€1.22€0.81€0.732
Oct ’24€0.67
€1.01
+50.4%
19.4%€1.21€0.82€0.792
Sep ’24€0.75
€1.01
+34.4%
19.4%€1.21€0.82€0.802
Aug ’24€0.80
€1.02
+26.3%
19.4%€1.21€0.82€0.802
Jul ’24€0.80
€0.97
+21.4%
16.7%€1.13€0.81€0.762
Jun ’24€0.74
€0.97
+31.7%
16.7%€1.13€0.81€0.792
May ’24€0.74
€0.85
+14.2%
16.9%€1.08€0.70€0.754
Apr ’24€0.69
€0.85
+23.5%
16.9%€1.08€0.70€0.724
Mar ’24€0.70
€0.85
+21.8%
16.9%€1.08€0.70€0.764
Feb ’24€0.71
€0.78
+10.2%
7.8%€0.85€0.70€0.763
Jan ’24€0.71
€0.78
+9.6%
7.8%€0.85€0.70€0.783
Analyst Price Target
Consensus Narrative from 3 Analysts
€0.84
Fair Value
12.9% undervalued intrinsic discount
3
Number of Analysts

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

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/09 14:38
End of Day Share Price 2025/01/09 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 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

VRG S.A. is covered by 11 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Sylwia JaskiewiczDom Maklerski Banku Ochrony Srodowiska S.A.
Sylwia JaskiewiczDom Maklerski IDMSA
Tomasz DudaErste Group Bank AG