Deliveroo plc

DB:926 Stock Report

Market Cap: €2.4b

Deliveroo Valuation

Is 926 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

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

Below Fair Value: 926 (€1.63) is trading below our estimate of fair value (€4.26)

Significantly Below Fair Value: 926 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 926?

Key metric: As 926 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 926. This is calculated by dividing 926's market cap by their current earnings.
What is 926's PE Ratio?
PE Ratio39.7x
EarningsUK£49.90m
Market CapUK£1.98b

Price to Earnings Ratio vs Peers

How does 926's PE Ratio compare to its peers?

The above table shows the PE ratio for 926 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average14.2x
TIMA ZEAL Network
22.2x-12.6%€1.0b
TUI1 TUI
8.1x15.9%€4.1b
IFA LS Invest
6.3xn/a€281.3m
CAKE Cheesecake Factory
20.1x15.4%US$2.6b
926 Deliveroo
39.7x40.1%€2.0b

Price-To-Earnings vs Peers: 926 is expensive based on its Price-To-Earnings Ratio (39.7x) compared to the peer average (14.2x).

Price to Earnings Ratio vs Industry

How does 926's PE Ratio compare vs other companies in the European Hospitality Industry?

9 CompaniesPrice / EarningsEstimated GrowthMarket Cap
926 39.7xIndustry Avg. 16.9xNo. of Companies17PE01224364860+
9 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 926 is expensive based on its Price-To-Earnings Ratio (39.7x) compared to the European Hospitality industry average (17x).

Price to Earnings Ratio vs Fair Ratio

What is 926'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.

926 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio39.7x
Fair PE Ratio38.7x

Price-To-Earnings vs Fair Ratio: 926 is expensive based on its Price-To-Earnings Ratio (39.7x) compared to the estimated Fair Price-To-Earnings Ratio (38.7x).

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 926 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€1.63
€2.10
+29.1%
20.1%€2.95€1.39n/a15
Jan ’26€1.66
€2.11
+27.3%
19.9%€2.95€1.39n/a15
Dec ’25€1.77
€2.06
+16.7%
20.0%€2.92€1.37n/a15
Nov ’25€1.61
€2.08
+28.9%
20.0%€2.94€1.38n/a15
Oct ’25€1.83
€2.03
+10.7%
21.3%€3.08€1.38n/a16
Sep ’25€1.77
€1.95
+10.4%
22.2%€3.03€1.30n/a17
Aug ’25€1.55
€1.86
+20.0%
20.1%€2.61€1.30n/a17
Jul ’25€1.53
€1.87
+22.1%
19.2%€2.59€1.30n/a16
Jun ’25€1.60
€1.86
+16.6%
17.7%€2.55€1.29n/a17
May ’25€1.55
€1.82
+17.4%
17.7%€2.52€1.28n/a17
Apr ’25€1.34
€1.82
+35.1%
18.8%€2.53€1.22n/a17
Mar ’25€1.27
€1.81
+43.0%
20.9%€2.73€1.11n/a17
Feb ’25€1.36
€1.78
+30.8%
21.1%€2.72€1.11n/a16
Jan ’25€1.46
€1.80
+22.8%
21.7%€2.57€1.10€1.6616
Dec ’24€1.60
€1.79
+11.8%
20.2%€2.57€1.10€1.7716
Nov ’24€1.47
€1.71
+16.4%
19.8%€2.47€1.09€1.6114
Oct ’24€1.37
€1.67
+21.9%
23.6%€2.49€1.10€1.8314
Sep ’24€1.31
€1.74
+33.7%
21.4%€2.51€1.23€1.7716
Aug ’24€1.51
€1.62
+7.1%
24.1%€2.52€1.22€1.5514
Jul ’24€1.30
€1.56
+19.5%
25.7%€2.50€1.02€1.5314
Jun ’24€1.21
€1.52
+26.0%
26.3%€2.48€1.01€1.6013
May ’24€1.21
€1.48
+22.7%
25.8%€2.43€0.99€1.5514
Apr ’24€1.01
€1.47
+45.4%
26.2%€2.44€1.00€1.3414
Mar ’24€0.93
€1.46
+57.8%
25.4%€2.45€1.04€1.2714
Feb ’24€1.04
€1.46
+40.7%
25.4%€2.45€1.04€1.3614
Jan ’24€0.97
€1.45
+49.0%
23.9%€2.44€1.02€1.4615

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 Analysis2025/01/07 03:11
End of Day Share Price 2025/01/07 00:00
Earnings2024/06/30
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

Deliveroo plc is covered by 28 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Samuel LourenszArete Research Services LLP
Adrian SanchezBanco Santander
Andrew RossBarclays