SECURE Waste Infrastructure Corp.

DB:A40PE6 Stock Report

Market Cap: €2.5b

SECURE Waste Infrastructure Valuation

Is A40PE6 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 A40PE6 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: A40PE6 (€10.85) is trading below our estimate of fair value (€29.98)

Significantly Below Fair Value: A40PE6 is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for A40PE6?

Key metric: As A40PE6 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for A40PE6. This is calculated by dividing A40PE6's market cap by their current earnings.
What is A40PE6's PE Ratio?
PE Ratio6.2x
EarningsCA$607.00m
Market CapCA$3.74b

Price to Earnings Ratio vs Peers

How does A40PE6's PE Ratio compare to its peers?

The above table shows the PE ratio for A40PE6 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average32x
CE2 CropEnergies
15.3x-7.5%€1.0b
CE2 CropEnergies
84xn/a€1.2b
VH2 Friedrich Vorwerk Group
19.9x12.9%€569.0m
ETG EnviTec Biogas
8.7xn/a€436.6m
A40PE6 SECURE Waste Infrastructure
6.2x-32.8%€3.7b

Price-To-Earnings vs Peers: A40PE6 is good value based on its Price-To-Earnings Ratio (6.2x) compared to the peer average (32x).


Price to Earnings Ratio vs Industry

How does A40PE6's PE Ratio compare vs other companies in the European Oil and Gas Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
A40PE6 6.2xIndustry Avg. 8.6xNo. of Companies16PE0612182430+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: A40PE6 is good value based on its Price-To-Earnings Ratio (6.2x) compared to the European Oil and Gas industry average (8.6x).


Price to Earnings Ratio vs Fair Ratio

What is A40PE6'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.

A40PE6 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio6.2x
Fair PE Ratio9.7x

Price-To-Earnings vs Fair Ratio: A40PE6 is good value based on its Price-To-Earnings Ratio (6.2x) compared to the estimated Fair Price-To-Earnings Ratio (9.7x).


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 A40PE6 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€10.85
€12.26
+13.0%
11.1%€14.78€10.07n/a10
Jan ’26€10.50
€12.16
+15.8%
11.1%€14.66€9.99n/a10
Dec ’25€10.60
€11.69
+10.3%
11.2%€14.55€9.92n/a10
Nov ’25€10.40
€11.67
+12.2%
11.2%€14.53€9.90n/a10
Oct ’25€8.05
€9.68
+20.2%
5.8%€10.70€8.69n/a8
Sep ’25€8.30
€9.68
+16.6%
5.8%€10.70€8.69n/a8
Aug ’25€8.05
€9.68
+20.2%
5.8%€10.70€8.69n/a8
Jul ’25€8.10
€9.19
+13.4%
5.4%€9.78€8.09n/a8
Jun ’25€7.60
€9.35
+23.1%
6.0%€10.22€8.18n/a9
May ’25€7.90
€9.26
+17.2%
6.2%€10.21€8.17n/a9
Apr ’25€7.50
€8.51
+13.4%
7.4%€9.51€7.47n/a9
Mar ’25€7.65
€8.53
+11.5%
7.4%€9.53€7.49n/a9
Feb ’25€7.10
€8.05
+13.4%
7.4%€8.95€7.23n/a9
Jan ’25€6.30
€7.41
+17.5%
8.8%€8.51€6.47€10.508
Dec ’24€5.40
€6.43
+19.0%
7.4%€7.20€5.83€10.608
Nov ’24€5.25
€6.31
+20.3%
8.5%€7.17€5.46€10.408
Oct ’24€5.15
€6.21
+20.6%
10.8%€7.19€5.14€8.058
Sep ’24€5.25
€5.99
+14.1%
11.0%€7.14€5.10€8.308
Aug ’24€4.76
€6.05
+27.1%
10.0%€7.20€5.14€8.0510
Jul ’24€4.36
€5.97
+36.8%
11.4%€7.27€4.85€8.1011
Jun ’24€4.12
€5.89
+43.0%
12.2%€7.11€4.74€7.6011
May ’24€4.10
€5.89
+43.7%
12.2%€7.11€4.74€7.9011
Apr ’24€4.20
€6.06
+44.2%
14.9%€7.82€4.76€7.5011
Mar ’24€5.85
€7.24
+23.8%
8.3%€8.30€5.88€7.6511
Feb ’24€5.45
€7.24
+32.9%
8.3%€8.30€5.88€7.1011
Jan ’24€4.70
€7.50
+59.6%
9.5%€8.72€6.18€6.3011

Analyst Forecast: Target price is less than 20% higher than the current share price.


Discover undervalued companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/08 20:42
End of Day Share Price 2025/01/06 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

SECURE Waste Infrastructure Corp. is covered by 20 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nathan HeywoodATB Capital Markets
John GibsonBMO Capital Markets Equity Research
Anthony PetrucciCanaccord Genuity