Technip Energies N.V.

DB:68F Stock Report

Market Cap: €3.9b

Technip Energies Valuation

Is 68F undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • 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 68F when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 68F (€22.58) is trading below our estimate of fair value (€34.87)

Significantly Below Fair Value: 68F is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 68F?

Key metric: As 68F is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 68F. This is calculated by dividing 68F's market cap by their current earnings.
What is 68F's PE Ratio?
PE Ratio10.9x
Earnings€362.80m
Market Cap€3.94b

Price to Earnings Ratio vs Peers

How does 68F's PE Ratio compare to its peers?

The above table shows the PE ratio for 68F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average30.2x
CE2 CropEnergies
81.8xn/a€1.2b
1033 Sinopec Oilfield Service
14x25.6%HK$33.5b
CE2 CropEnergies
15.3x-7.5%€1.0b
VK Vallourec
9.7x21.1%€3.7b
68F Technip Energies
10.9x8.0%€3.9b

Price-To-Earnings vs Peers: 68F is good value based on its Price-To-Earnings Ratio (10.9x) compared to the peer average (30.1x).

Price to Earnings Ratio vs Industry

How does 68F's PE Ratio compare vs other companies in the European Energy Services Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
68F 10.9xIndustry Avg. 9.4xNo. of Companies7PE0816243240+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 68F is expensive based on its Price-To-Earnings Ratio (10.9x) compared to the European Energy Services industry average (9.5x).

Price to Earnings Ratio vs Fair Ratio

What is 68F'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.

68F PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio10.9x
Fair PE Ratio20.4x

Price-To-Earnings vs Fair Ratio: 68F is good value based on its Price-To-Earnings Ratio (10.9x) compared to the estimated Fair Price-To-Earnings Ratio (20.4x).

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 68F forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€22.58
€29.58
+31.0%
13.2%€40.00€25.00n/a13
Nov ’25€22.68
€28.43
+25.4%
12.9%€40.00€25.00n/a13
Oct ’25€21.36
€27.35
+28.0%
7.8%€32.00€25.00n/a13
Sep ’25€21.32
€26.47
+24.2%
13.4%€32.00€15.50n/a15
Aug ’25€23.32
€26.40
+13.2%
13.0%€32.13€15.50n/a15
Jul ’25€21.08
€26.25
+24.5%
12.9%€31.38€15.50n/a15
Jun ’25€21.62
€26.25
+21.4%
12.9%€31.38€15.50n/a15
May ’25€22.32
€26.25
+17.6%
12.8%€31.38€15.50n/a15
Apr ’25€23.16
€26.25
+13.4%
12.8%€31.38€15.50n/a15
Mar ’25€20.02
€26.16
+30.7%
13.7%€30.90€13.90n/a15
Feb ’25€19.03
€26.08
+37.1%
17.1%€30.90€11.60n/a13
Jan ’25€21.03
€26.12
+24.2%
17.0%€30.90€11.60n/a13
Dec ’24€21.11
€26.12
+23.7%
17.0%€30.90€11.60n/a13
Nov ’24€20.44
€25.99
+27.2%
17.1%€31.53€11.60€22.6813
Oct ’24€23.85
€25.46
+6.8%
18.0%€31.64€11.60€21.3612
Sep ’24€21.65
€25.46
+17.6%
18.0%€31.64€11.60€21.3212
Aug ’24€20.44
€25.26
+23.6%
17.9%€31.64€11.60€23.3212
Jul ’24€20.81
€24.39
+17.2%
16.8%€28.00€11.60€21.0812
Jun ’24€18.48
€24.39
+32.0%
16.8%€28.00€11.60€21.6212
May ’24€19.97
€23.72
+18.8%
18.7%€27.80€9.90€22.3213
Apr ’24€19.67
€23.15
+17.7%
20.1%€27.80€9.90€23.1612
Mar ’24€18.17
€18.88
+3.9%
18.8%€22.00€9.90€20.0211
Feb ’24€17.85
€18.15
+1.7%
18.0%€22.00€9.90€19.0311
Jan ’24€14.90
€17.15
+15.1%
15.9%€21.90€10.50€21.0311
Dec ’23€15.03
€17.15
+14.1%
15.9%€21.90€10.50€21.1111
Nov ’23€13.35
€15.97
+19.6%
15.9%€20.00€10.50€20.4411

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

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