Karoon Energy Ltd

DB:LBL Stock Report

Market Cap: €655.3m

Karoon Energy Valuation

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

Below Fair Value: LBL (€0.84) is trading below our estimate of fair value (€4.52)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for LBL. This is calculated by dividing LBL's market cap by their current earnings.
What is LBL's PE Ratio?
PE Ratio2.8x
EarningsUS$245.00m
Market CapUS$686.87m

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for LBL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average11.8x
DR0 Deutsche Rohstoff
2.8x-8.9%€166.6m
ETG EnviTec Biogas
9.2xn/a€460.4m
VH2 Friedrich Vorwerk Group
19.9x12.9%€558.0m
CE2 CropEnergies
15.3x-7.5%€1.0b
LBL Karoon Energy
2.8x-12.1%€1.1b

Price-To-Earnings vs Peers: LBL is good value based on its Price-To-Earnings Ratio (2.8x) compared to the peer average (11.8x).

Price to Earnings Ratio vs Industry

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

5 CompaniesPrice / EarningsEstimated GrowthMarket Cap
LBL 2.8xIndustry Avg. 8.2xNo. of Companies18PE0612182430+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: LBL is good value based on its Price-To-Earnings Ratio (2.8x) compared to the European Oil and Gas industry average (8.2x).

Price to Earnings Ratio vs Fair Ratio

What is LBL'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.

LBL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio2.8x
Fair PE Ratio12.4x

Price-To-Earnings vs Fair Ratio: LBL is good value based on its Price-To-Earnings Ratio (2.8x) compared to the estimated Fair Price-To-Earnings Ratio (12.4x).

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 LBL forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€0.83
€1.42
+70.2%
9.4%€1.63€1.23n/a12
Nov ’25€0.83
€1.39
+67.0%
9.4%€1.60€1.21n/a12
Oct ’25€0.93
€1.46
+57.4%
13.6%€2.00€1.21n/a14
Sep ’25€1.04
€1.49
+43.3%
12.6%€2.01€1.22n/a14
Aug ’25€1.19
€1.49
+25.4%
12.1%€1.98€1.19n/a14
Jul ’25€1.11
€1.58
+41.9%
11.9%€2.04€1.25n/a14
Jun ’25€1.08
€1.56
+44.8%
12.3%€2.02€1.23n/a14
May ’25€1.17
€1.55
+32.7%
11.8%€1.99€1.21n/a14
Apr ’25€1.29
€1.60
+23.8%
10.8%€1.98€1.39n/a14
Mar ’25€1.18
€1.59
+34.4%
11.1%€1.98€1.39n/a13
Feb ’25€1.17
€1.56
+33.4%
8.0%€1.83€1.34n/a12
Jan ’25€1.24
€1.67
+34.5%
11.2%€2.16€1.36n/a12
Dec ’24€1.23
€1.69
+37.7%
8.8%€2.11€1.52n/a11
Nov ’24€1.50
€1.72
+14.6%
8.3%€2.00€1.54€0.8310
Oct ’24€1.60
€1.74
+9.0%
13.2%€2.21€1.51€0.9311
Sep ’24€1.47
€1.65
+12.2%
12.3%€2.16€1.47€1.0411
Aug ’24€1.34
€1.67
+24.3%
13.2%€2.20€1.45€1.1911
Jul ’24€1.19
€1.69
+41.9%
15.0%€2.20€1.39€1.1111
Jun ’24€1.22
€1.74
+42.9%
16.5%€2.24€1.35€1.0810
May ’24€1.27
€1.71
+34.1%
16.5%€2.19€1.32€1.1710
Apr ’24€1.31
€1.81
+38.0%
17.3%€2.34€1.40€1.299
Mar ’24€1.42
€1.87
+31.7%
14.8%€2.28€1.48€1.188
Feb ’24€1.49
€1.90
+27.6%
17.3%€2.41€1.50€1.178
Jan ’24€1.39
€1.80
+29.4%
18.5%€2.37€1.42€1.248
Dec ’23€1.50
€1.81
+20.9%
19.2%€2.44€1.46€1.238
Nov ’23€1.41
€1.79
+26.7%
20.9%€2.43€1.28€1.508

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

Rubellite Energy

CA$211.9m

Rubellite Energy Inc., an energy company, engages in the exploration, development, and production of heavy crude oil from the Clearwater Formation in Eastern Alberta.

6L00

CA$1.31

7D

0%

1Y

-16.6%

International Seaways

US$2.1b

Owns and operates a fleet of oceangoing vessels for the transportation of crude oil and petroleum products in the international flag trade.

IS5

US$39.30

7D

-1.2%

1Y

-7.3%

Afentra

UK£102.7m

Operates as an upstream oil and gas company primarily in Africa.

TB8A

UK£0.52

7D

0%

1Y

60.5%