BW Energy Limited

DB:6BW Stock Report

Market Cap: €551.5m

BW Energy Valuation

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

Below Fair Value: 6BW (€1.87) is trading below our estimate of fair value (€30.87)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for 6BW. This is calculated by dividing 6BW's market cap by their current earnings.
What is 6BW's PE Ratio?
PE Ratio3.1x
EarningsUS$190.10m
Market CapUS$582.05m

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for 6BW vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average11.7x
DR0 Deutsche Rohstoff
2.8x-8.9%€165.1m
ETG EnviTec Biogas
9.5xn/a€472.2m
VH2 Friedrich Vorwerk Group
19.2x12.9%€540.0m
CE2 CropEnergies
15.3x-7.5%€1.0b
6BW BW Energy
3.1x9.4%€6.4b

Price-To-Earnings vs Peers: 6BW is good value based on its Price-To-Earnings Ratio (3.1x) compared to the peer average (11.7x).

Price to Earnings Ratio vs Industry

How does 6BW's PE Ratio compare vs other companies in the European Oil and Gas Industry?

5 CompaniesPrice / EarningsEstimated GrowthMarket Cap
6BW 3.1xIndustry Avg. 8.5xNo. of Companies16PE0612182430+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 6BW is good value based on its Price-To-Earnings Ratio (3.1x) compared to the European Oil and Gas industry average (9x).

Price to Earnings Ratio vs Fair Ratio

What is 6BW'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.

6BW PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio3.1x
Fair PE Ratio17x

Price-To-Earnings vs Fair Ratio: 6BW is good value based on its Price-To-Earnings Ratio (3.1x) compared to the estimated Fair Price-To-Earnings Ratio (17x).

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 6BW forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€1.87
€3.07
+64.0%
13.8%€3.53€2.49n/a4
Nov ’25€1.88
€3.11
+64.8%
15.9%€3.68€2.48n/a4
Oct ’25€1.95
€3.15
+61.1%
16.9%€3.71€2.43n/a4
Sep ’25€2.30
€3.20
+39.3%
13.7%€3.69€2.71n/a4
Aug ’25€2.59
€3.27
+26.4%
11.7%€3.67€2.77n/a4
Jul ’25€2.70
€3.16
+17.1%
9.4%€3.52€2.79n/a3
Jun ’25€2.90
€3.09
+6.8%
11.3%€3.48€2.63n/a3
May ’25€2.37
€2.89
+21.9%
10.2%€3.31€2.67n/a3
Apr ’25€2.24
€2.85
+27.4%
9.5%€3.23€2.63n/a3
Mar ’25€2.42
€3.01
+24.8%
7.6%€3.25€2.70n/a3
Feb ’25€2.41
€3.08
+28.0%
4.3%€3.24€2.91n/a3
Jan ’25€2.37
€3.12
+31.8%
1.5%€3.17€3.08n/a2
Dec ’24€2.08
€3.14
+51.2%
1.0%€3.17€3.11n/a2
Nov ’24€2.31
€3.42
+47.9%
15.9%€4.16€2.87€1.883
Oct ’24€2.38
€3.42
+43.5%
15.9%€4.16€2.87€1.953
Sep ’24€2.23
€3.46
+55.5%
15.4%€4.16€2.87€2.303
Aug ’24€2.66
€3.39
+27.6%
16.9%€4.12€2.73€2.593
Jul ’24€2.14
€3.39
+58.4%
16.9%€4.12€2.73€2.703
Jun ’24€2.27
€3.75
+65.4%
13.6%€4.19€3.04€2.903
May ’24€2.39
€3.75
+57.0%
11.9%€4.20€3.14€2.373
Apr ’24€2.33
€3.88
+66.2%
13.4%€4.41€3.17€2.243
Mar ’24€2.63
€4.10
+55.7%
14.7%€4.74€3.29€2.423
Feb ’24€2.63
€4.08
+55.1%
12.0%€4.63€3.44€2.413
Jan ’24€2.30
€4.06
+77.0%
18.7%€4.82€3.02€2.373
Dec ’23€2.66
€4.06
+52.8%
18.7%€4.82€3.02€2.083
Nov ’23€2.53
€4.05
+60.1%
24.0%€5.03€3.08€2.312

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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