Bairong Inc.

DB:6B5 Stock Report

Market Cap: €517.0m

Bairong Valuation

Is 6B5 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

6/6

Valuation Score 6/6

  • 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 6B5 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 6B5 (€1.04) is trading below our estimate of fair value (€2.19)

Significantly Below Fair Value: 6B5 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 6B5?

Key metric: As 6B5 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 6B5. This is calculated by dividing 6B5's market cap by their current earnings.
What is 6B5's PE Ratio?
PE Ratio14.2x
EarningsCN¥275.16m
Market CapCN¥3.90b

Price to Earnings Ratio vs Peers

How does 6B5's PE Ratio compare to its peers?

The above table shows the PE ratio for 6B5 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average23x
MLP MLP
10x8.3%€642.7m
JDC JDC Group
56.9x24.8%€317.8m
DB1 Deutsche Börse
21.4x4.6%€39.5b
AR4 AURELIUS Equity Opportunities SE KGaA
3.9xn/a€390.6m
6B5 Bairong
14.2x29.6%€4.2b

Price-To-Earnings vs Peers: 6B5 is good value based on its Price-To-Earnings Ratio (14.2x) compared to the peer average (23x).

Price to Earnings Ratio vs Industry

How does 6B5's PE Ratio compare vs other companies in the DE Capital Markets Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
AR4 AURELIUS Equity Opportunities SE KGaA
3.9xn/aUS$406.78m
HXCK Ernst Russ
3.8x-18.2%US$206.28m
VG8 Varengold Bank
1.8xn/aUS$24.05m
XE8 Black Sea Property
0.7xn/aUS$7.68m
No more companies available in this PE range
6B5 14.2xIndustry Avg. 20.3xNo. of Companies6PE01632486480+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 6B5 is good value based on its Price-To-Earnings Ratio (14.2x) compared to the German Capital Markets industry average (20.3x).

Price to Earnings Ratio vs Fair Ratio

What is 6B5'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.

6B5 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio14.2x
Fair PE Ratio17.8x

Price-To-Earnings vs Fair Ratio: 6B5 is good value based on its Price-To-Earnings Ratio (14.2x) compared to the estimated Fair Price-To-Earnings Ratio (17.8x).

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 6B5 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€1.04
€1.62
+55.7%
12.8%€1.90€1.42n/a3
Nov ’25€1.10
€1.84
+67.1%
22.8%€2.49€1.42n/a4
Oct ’25€1.13
€1.81
+59.8%
20.3%€2.44€1.39n/a5
Sep ’25€0.88
€1.81
+107.4%
20.3%€2.45€1.39n/a5
Aug ’25€1.03
€2.19
+112.5%
8.5%€2.47€1.85n/a6
Jul ’25€1.01
€2.19
+116.8%
8.5%€2.47€1.85n/a6
Jun ’25€1.04
€2.21
+112.1%
5.8%€2.45€2.04n/a6
May ’25€1.12
€2.19
+95.5%
7.2%€2.48€1.94n/a7
Apr ’25€1.27
€2.17
+70.8%
7.2%€2.46€1.92n/a7
Mar ’25€1.52
€2.26
+49.0%
12.6%€2.90€1.94n/a7
Feb ’25€1.35
€2.26
+67.7%
12.6%€2.90€1.94n/a7
Jan ’25€1.49
€2.22
+48.8%
13.9%€2.87€1.88n/a7
Dec ’24€1.50
€2.22
+47.9%
13.9%€2.87€1.88n/a7
Nov ’24€1.13
€2.16
+91.3%
11.9%€2.56€1.90€1.106
Oct ’24€1.17
€2.21
+89.0%
11.9%€2.57€1.90€1.135
Sep ’24€1.04
€2.27
+118.3%
16.0%€2.79€1.86€0.885
Aug ’24€1.08
€2.15
+98.7%
19.1%€2.79€1.65€1.035
Jul ’24€1.06
€2.21
+108.2%
17.5%€2.77€1.72€1.015
Jun ’24€1.12
€2.21
+97.0%
17.5%€2.77€1.72€1.045
May ’24€1.21
€2.20
+81.7%
17.4%€2.78€1.72€1.125
Apr ’24€1.38
€2.05
+48.5%
25.2%€2.80€1.21€1.276
Mar ’24€1.45
€1.97
+35.8%
24.4%€2.47€1.24€1.525
Feb ’24€1.37
€1.66
+21.2%
29.0%€2.47€1.24€1.354
Jan ’24€1.23
€1.69
+37.6%
31.5%€2.44€1.22€1.493
Dec ’23€1.04
€1.68
+61.2%
29.8%€2.38€1.23€1.503
Nov ’23€0.99
€1.86
+86.8%
26.5%€2.49€1.29€1.133

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

Yeahka

HK$4.2b

An investment holding company, provides payment and business services to merchants and consumers in the People’s Republic of China.

4YE

HK$1.19

7D

-2.5%

1Y

-30.0%

ORIX

JP¥3.8t

Provides diversified financial services in Japan, the United States, Asia, Europe, Australasia, and the Middle East.

OIX

JP¥20.20

7D

-1.0%

1Y

22.4%

Merchants Bancorp

US$1.9b

Operates as the diversified bank holding company in the United States.

3KD

US$39.00

7D

2.6%

1Y

28.3%