Springfield Properties Plc

DB:9MZ Stock Report

Market Cap: €134.9m

Springfield Properties Valuation

Is 9MZ 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 9MZ when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 9MZ (€1.05) is trading below our estimate of fair value (€1.53)

Significantly Below Fair Value: 9MZ is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 9MZ?

Key metric: As 9MZ is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 9MZ. This is calculated by dividing 9MZ's market cap by their current earnings.
What is 9MZ's PE Ratio?
PE Ratio14.8x
EarningsUK£7.55m
Market CapUK£111.63m

Price to Earnings Ratio vs Peers

How does 9MZ's PE Ratio compare to its peers?

The above table shows the PE ratio for 9MZ vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average58.3x
LEI Leifheit
20.1x17.6%€148.8m
TRU Traumhaus
2x27.1%€2.0m
SUR Surteco Group
34.6x27.8%€303.9m
ZPF Zapf Creation
176.5xn/a€199.4m
9MZ Springfield Properties
14.8x18.9%€111.6m

Price-To-Earnings vs Peers: 9MZ is good value based on its Price-To-Earnings Ratio (14.8x) compared to the peer average (58.3x).


Price to Earnings Ratio vs Industry

How does 9MZ's PE Ratio compare vs other companies in the European Consumer Durables Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
9MZ 14.8xIndustry Avg. 13.8xNo. of Companies10PE0816243240+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 9MZ is expensive based on its Price-To-Earnings Ratio (14.8x) compared to the European Consumer Durables industry average (13.8x).


Price to Earnings Ratio vs Fair Ratio

What is 9MZ'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.

9MZ PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio14.8x
Fair PE Ratio13.9x

Price-To-Earnings vs Fair Ratio: 9MZ is expensive based on its Price-To-Earnings Ratio (14.8x) compared to the estimated Fair Price-To-Earnings Ratio (13.9x).


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 9MZ forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€1.05
€1.75
+66.4%
12.9%€1.94€1.40n/a4
Dec ’25€1.02
€1.66
+62.8%
13.3%€1.92€1.38n/a3
Nov ’25€1.12
€1.66
+48.3%
13.3%€1.92€1.38n/a3
Oct ’25€1.23
€1.66
+35.0%
13.3%€1.92€1.38n/a3
Sep ’25€1.18
€1.51
+27.9%
17.9%€1.73€1.13n/a3
Aug ’25€1.11
€1.51
+36.0%
17.9%€1.73€1.13n/a3
Jul ’25€1.06
€1.46
+37.4%
16.6%€1.64€1.12n/a3
Jun ’25€1.05
€1.36
+29.9%
13.2%€1.52€1.11n/a3
May ’25€1.05
€1.36
+29.9%
13.2%€1.52€1.11n/a3
Apr ’25€1.08
€1.36
+26.3%
13.2%€1.52€1.11n/a3
Mar ’25€0.90
€1.36
+52.4%
13.2%€1.52€1.11n/a3
Feb ’25€0.86
€1.24
+44.0%
27.7%€1.51€0.75n/a3
Jan ’25€0.94
€1.24
+31.7%
27.7%€1.51€0.75€1.053
Dec ’24€0.78
€1.16
+49.3%
25.5%€1.45€0.75€1.023
Nov ’24€0.53
€1.16
+118.3%
25.5%€1.45€0.75€1.123
Oct ’24€0.57
€1.31
+127.5%
10.6%€1.49€1.16€1.233
Sep ’24€0.65
€1.31
+100.8%
10.6%€1.49€1.16€1.183
Aug ’24€0.75
€1.31
+74.0%
10.6%€1.49€1.16€1.113
Jul ’24€0.76
€1.31
+73.1%
12.7%€1.47€1.14€1.062
Jun ’24€0.95
€1.31
+36.8%
12.7%€1.47€1.14€1.052
May ’24€0.90
€1.31
+45.2%
12.7%€1.47€1.14€1.052
Apr ’24€0.84
€1.31
+54.6%
12.7%€1.47€1.14€1.082
Mar ’24€0.85
€1.42
+66.5%
3.6%€1.47€1.36€0.902
Feb ’24€0.99
€1.44
+45.9%
3.2%€1.49€1.40€0.862
Jan ’24€0.81
€1.44
+79.4%
3.2%€1.49€1.40€0.942

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


Discover undervalued companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 16:49
End of Day Share Price 2024/12/30 00:00
Earnings2024/05/31
Annual Earnings2024/05/31

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

Springfield Properties Plc is covered by 4 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
David BuxtonCavendish
James TetleyEquity Development Limited
Samuel CullenPeel Hunt LLP