Crest Nicholson Holdings plc

DB:C38 Stock Report

Market Cap: €208.9m

Crest Nicholson Holdings Valuation

Is C38 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of C38 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: C38 (€0.84) is trading below our estimate of future cash flow value (€0.97)

Significantly Below Future Cash Flow Value: C38 is trading below future cash flow value, but not by a significant amount.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for C38?

Key metric: As C38 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for C38. This is calculated by dividing C38's market cap by their current earnings.
What is C38's PE Ratio?
PE Ratio81.9x
EarningsUK£2.20m
Market CapUK£180.22m

Price to Earnings Ratio vs Peers

How does C38's PE Ratio compare to its peers?

The above table shows the PE ratio for C38 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average25.3x
LEI Leifheit
71.3x42.30%€137.0m
TRU Traumhaus
2x27.07%€2.0m
BIJ Bijou Brigitte modische Accessoires
17.2xn/a€407.6m
EIN Einhell Germany
10.7x7.47%€815.3m
C38 Crest Nicholson Holdings
81.9x43.18%€180.2m

Price-To-Earnings vs Peers: C38 is expensive based on its Price-To-Earnings Ratio (81.9x) compared to the peer average (25.3x).


Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data


Price to Earnings Ratio vs Industry

How does C38's PE Ratio compare vs other companies in the European Consumer Durables Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
C38 81.9xIndustry Avg. 14.9xNo. of Companies15PE01020304050+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: C38 is expensive based on its Price-To-Earnings Ratio (81.9x) compared to the European Consumer Durables industry average (14.9x).


Price to Earnings Ratio vs Fair Ratio

What is C38'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.

C38 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio81.9x
Fair PE Ratio24.1x

Price-To-Earnings vs Fair Ratio: C38 is expensive based on its Price-To-Earnings Ratio (81.9x) compared to the estimated Fair Price-To-Earnings Ratio (24.1x).


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 C38 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€0.83
€1.11
+32.61%
25.94%€1.85€0.81n/a10
Jun ’27€0.81
€1.12
+37.01%
24.77%€1.85€0.89n/a10
May ’27€0.74
€1.30
+75.10%
28.74%€2.00€0.91n/a10
Apr ’27€1.14
€2.06
+81.43%
17.61%€2.64€1.44n/a10
Mar ’27€1.77
€2.16
+21.77%
14.85%€2.63€1.72n/a10
Feb ’27€1.75
€2.13
+21.55%
16.20%€2.65€1.67n/a11
Jan ’27€1.59
€2.15
+35.10%
14.20%€2.63€1.71n/a11
Dec ’26€1.61
€2.23
+38.29%
16.35%€2.85€1.70n/a11
Nov ’26€1.87
€2.39
+28.17%
10.43%€2.89€2.17n/a11
Oct ’26€1.83
€2.46
+33.99%
10.00%€2.94€2.20n/a12
Sep ’26€1.71
€2.46
+44.05%
10.00%€2.94€2.20n/a12
Aug ’26€2.08
€2.44
+17.42%
7.88%€2.82€2.19n/a12
Jul ’26€2.17
€2.49
+14.52%
7.18%€2.69€2.23n/a12
Jun ’26€2.16
€2.46
+14.17%
7.43%€2.70€2.23€0.8112
May ’26€2.08
€2.44
+17.76%
7.43%€2.68€2.22€0.7412
Apr ’26€2.00
€2.50
+25.47%
7.41%€2.75€2.27€1.1412
Mar ’26€1.83
€2.42
+32.39%
8.31%€2.77€2.18€1.7712
Feb ’26€2.13
€2.37
+11.47%
11.52%€3.04€2.03€1.7512
Jan ’26€2.00
€2.48
+23.92%
11.98%€3.07€2.05€1.5912
Dec ’25€1.93
€2.48
+28.54%
12.78%€3.06€2.01€1.6112
Nov ’25€1.98
€2.60
+31.77%
10.31%€3.02€2.13€1.8712
Oct ’25€2.31
€2.76
+19.93%
11.96%€3.32€2.13€1.8312
Sep ’25€2.44
€2.83
+16.15%
14.45%€3.64€2.13€1.7112
Aug ’25€3.09
€3.01
-2.48%
12.85%€3.63€2.13€2.0810
Jul ’25€2.85
€2.91
+2.25%
10.72%€3.31€2.13€2.1710
Jun ’25€2.75
€2.63
-4.11%
13.23%€3.07€2.03€2.1611
€1.14
Fair Value
26.6% undervalued intrinsic discount
10
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.


Discover undervalued companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/15 16:40
End of Day Share Price 2026/06/12 00:00
Earnings2025/10/31
Annual Earnings2025/10/31

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.

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

Crest Nicholson Holdings plc is covered by 20 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Emily BiddulphBarclays
Rajesh PatkiBarclays
Paul Daniel CheckettsBarclays