enCore Energy Corp.

DB:6TU Stock Report

Market Cap: €633.8m

enCore Energy Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 6TU when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
€1.79
Fair Value
87.4% overvalued intrinsic discount
4
Number of Analysts

Below Fair Value: 6TU (€3.35) is trading above our estimate of fair value (€1.79)

Significantly Below Fair Value: 6TU is trading above our estimate of fair value.

Key Valuation Metric

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

Key metric: As 6TU is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 6TU. This is calculated by dividing 6TU's market cap by their current revenue.
What is 6TU's PS Ratio?
PS Ratio14.5x
SalesUS$44.97m
Market CapUS$653.65m

Price to Sales Ratio vs Peers

How does 6TU's PS Ratio compare to its peers?

The above table shows the PS ratio for 6TU vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average0.9x
ETG EnviTec Biogas
0.9xn/a€432.1m
VH2 Friedrich Vorwerk Group
1.3x10.2%€558.0m
CE2 CropEnergies
0.8x-14.0%€1.0b
VBK Verbio
0.5x7.8%€774.8m
6TU enCore Energy
14.5x41.2%€939.7m

Price-To-Sales vs Peers: 6TU is expensive based on its Price-To-Sales Ratio (14.5x) compared to the peer average (0.9x).

Price to Sales Ratio vs Industry

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

21 CompaniesPrice / SalesEstimated GrowthMarket Cap
6TU 14.5xIndustry Avg. 1.2xNo. of Companies21PS00.81.62.43.24+
21 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 6TU is expensive based on its Price-To-Sales Ratio (14.5x) compared to the European Oil and Gas industry average (1.2x).

Price to Sales Ratio vs Fair Ratio

What is 6TU's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

6TU PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio14.5x
Fair PS Ratio0.5x

Price-To-Sales vs Fair Ratio: 6TU is expensive based on its Price-To-Sales Ratio (14.5x) compared to the estimated Fair Price-To-Sales Ratio (0.5x).

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 6TU forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€3.35
€5.41
+61.4%
15.3%€6.76€4.73n/a4
Jan ’26€3.26
€5.41
+66.0%
15.3%€6.76€4.73n/a4
Dec ’25€3.51
€5.41
+53.9%
15.3%€6.76€4.73n/a4
Nov ’25€3.57
€5.44
+52.4%
15.3%€6.69€4.68n/a4
Oct ’25€3.57
€5.41
+51.5%
15.3%€6.66€4.66n/a4
Sep ’25€3.10
€5.31
+71.2%
15.3%€6.63€4.64n/a4
Aug ’25€3.36
€5.50
+63.7%
14.0%€6.77€4.74n/a4
Jul ’25€3.62
€5.65
+55.9%
11.9%€6.79€5.10n/a4
Jun ’25€4.47
€5.65
+26.4%
11.9%€6.79€5.10n/a4
May ’25€4.25
€5.88
+38.2%
11.7%€6.85€5.31n/a3
Apr ’25€3.90
€5.62
+44.0%
15.5%€6.81€4.76n/a3
Mar ’25€3.64
€5.39
+48.1%
19.7%€6.88€4.47n/a3
Feb ’25€4.48
€4.92
+10.0%
8.7%€5.50€4.47n/a3
Jan ’25€3.44
€4.86
+41.6%
8.7%€5.43€4.41€3.263
Dec ’24€3.71
€4.35
+17.1%
12.0%€5.08€3.89€3.513
Nov ’24€3.10
€4.40
+42.0%
12.0%€5.14€3.94€3.573
Oct ’24€3.15
€4.01
+27.4%
10.7%€4.47€3.44€3.573
Sep ’24€2.35
€4.01
+70.7%
10.7%€4.47€3.44€3.103
Aug ’24€2.26
€4.01
+77.9%
10.7%€4.47€3.44€3.363
Jul ’24€2.14
€4.01
+87.5%
10.7%€4.47€3.44€3.623
Jun ’24€2.16
€4.01
+86.2%
10.7%€4.47€3.44€4.473
May ’24€1.82
€3.95
+117.4%
9.9%€4.37€3.43€4.253
Apr ’24€1.93
€3.94
+104.4%
9.9%€4.37€3.43€3.903
Analyst Price Target
Consensus Narrative from 4 Analysts
€5.31
Fair Value
36.9% undervalued intrinsic discount
4
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.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/08 11:57
End of Day Share Price 2025/01/08 00:00
Earnings2024/09/30
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

enCore Energy Corp. is covered by 8 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Matthew KeyB. Riley Securities, Inc.
Lucas PipesB. Riley Securities, Inc.
Katie LachapelleCanaccord Genuity