Sonos, Inc.

DB:8SO Stock Report

Market Cap: €988.0m

Sonos Valuation

Is 8SO 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-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 8SO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
€41.21
Fair Value
80.1% undervalued intrinsic discount
5
Number of Analysts

Below Fair Value: 8SO (€8.21) is trading below our estimate of fair value (€41.21)

Significantly Below Fair Value: 8SO is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 8SO?

Key metric: As 8SO is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 8SO. This is calculated by dividing 8SO's market cap by their current revenue.
What is 8SO's PS Ratio?
PS Ratio0.8x
SalesUS$1.46b
Market CapUS$1.12b

Price to Sales Ratio vs Peers

How does 8SO's PS Ratio compare to its peers?

The above table shows the PS ratio for 8SO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average0.8x
EIN3 Einhell Germany
0.7x5.6%€762.1m
SUR Surteco Group
0.3x3.6%€250.4m
LEI Leifheit
0.8x4.3%€199.5m
TNIE tonies
1.4x16.0%€656.9m
8SO Sonos
0.8x3.4%€1.1b

Price-To-Sales vs Peers: 8SO is good value based on its Price-To-Sales Ratio (0.8x) compared to the peer average (0.8x).

Price to Sales Ratio vs Industry

How does 8SO's PS Ratio compare vs other companies in the European Consumer Durables Industry?

16 CompaniesPrice / SalesEstimated GrowthMarket Cap
8SO 0.8xIndustry Avg. 0.7xNo. of Companies20PS00.61.21.82.43+
16 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 8SO is expensive based on its Price-To-Sales Ratio (0.8x) compared to the European Consumer Durables industry average (0.7x).

Price to Sales Ratio vs Fair Ratio

What is 8SO'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.

8SO PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.8x
Fair PS Ratio0.5x

Price-To-Sales vs Fair Ratio: 8SO is expensive based on its Price-To-Sales Ratio (0.8x) 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 8SO forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€8.21
€11.83
+44.1%
29.0%€15.82€6.15n/a5
Apr ’26€9.95
€16.27
+63.5%
12.1%€18.40€12.59n/a5
Mar ’26€12.59
€16.27
+29.2%
12.1%€18.40€12.59n/a5
Feb ’26€13.40
€15.25
+13.8%
16.7%€17.38€10.62n/a5
Jan ’26€14.31
€15.25
+6.6%
16.7%€17.38€10.62n/a5
Dec ’25€13.11
€14.46
+10.3%
17.4%€17.12€10.46n/a5
Nov ’25€11.71
€16.04
+36.9%
27.5%€22.78€10.02n/a5
Oct ’25€10.91
€16.10
+47.6%
25.6%€22.37€9.84n/a5
Sep ’25€11.09
€19.06
+71.8%
17.6%€22.91€14.66n/a5
Aug ’25€12.36
€21.22
+71.7%
15.3%€23.06€14.76n/a5
Jul ’25€13.61
€22.15
+62.8%
8.1%€23.27€18.61n/a5
Jun ’25€14.60
€22.15
+51.7%
8.1%€23.27€18.61n/a5
May ’25€16.03
€22.01
+37.3%
8.1%€23.43€18.74€7.826
Apr ’25€17.80
€21.18
+19.0%
10.9%€23.03€17.50€9.956
Mar ’25€17.47
€20.64
+18.2%
12.5%€23.07€17.16€12.597
Feb ’25€14.57
€17.65
+21.2%
14.7%€20.36€11.57€13.407
Jan ’25€15.57
€17.51
+12.5%
15.6%€21.12€11.58€14.317
Dec ’24€13.57
€16.80
+23.8%
15.4%€20.94€11.48€13.118
Nov ’24€10.10
€19.22
+90.4%
9.3%€22.67€17.00€11.718
Oct ’24€12.08
€19.08
+58.0%
8.1%€22.47€17.79€10.918
Sep ’24€12.67
€18.67
+47.4%
9.2%€21.86€17.31€11.096
Aug ’24€15.52
€19.79
+27.6%
10.2%€22.72€17.27€12.366
Jul ’24€14.68
€20.20
+37.7%
8.6%€22.84€17.36€13.616
Jun ’24€13.50
€20.56
+52.3%
9.0%€22.90€17.40€14.606
May ’24€18.69
€21.57
+15.4%
9.7%€23.70€18.23€16.036
AnalystConsensusTarget
Consensus Narrative from 5 Analysts
€11.68
Fair Value
29.7% undervalued intrinsic discount
5
Number of Analysts

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.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/02 06:48
End of Day Share Price 2025/05/02 00:00
Earnings2024/12/28
Annual Earnings2024/09/28

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.

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 Github.

Analyst Sources

Sonos, Inc. is covered by 14 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.

AnalystInstitution
Ishan MajumdarBaptista Research
Jason HaasBofA Global Research
Alex FuhrmanCraig-Hallum Capital Group LLC