Harbour Energy Valuation

Is PQQ0 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • 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 PQQ0 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: PQQ0 (€3.14) is trading below our estimate of fair value (€5.76)

Significantly Below Fair Value: PQQ0 is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for PQQ0?

Key metric: As PQQ0 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for PQQ0. This is calculated by dividing PQQ0's market cap by their current earnings.
What is PQQ0's PE Ratio?
PE Ratio48.9x
EarningsUS$97.00m
Market CapUS$4.75b

Price to Earnings Ratio vs Peers

How does PQQ0's PE Ratio compare to its peers?

The above table shows the PE ratio for PQQ0 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average30.1x
DR0 Deutsche Rohstoff
2.8x-8.9%€165.6m
CE2 CropEnergies
82.4xn/a€1.2b
CE2 CropEnergies
15.3x-7.5%€1.0b
VH2 Friedrich Vorwerk Group
19.8x12.9%€557.0m
PQQ0 Harbour Energy
48.9x14.4%€3.8b

Price-To-Earnings vs Peers: PQQ0 is expensive based on its Price-To-Earnings Ratio (48.9x) compared to the peer average (30.1x).


Price to Earnings Ratio vs Industry

How does PQQ0's PE Ratio compare vs other companies in the European Oil and Gas Industry?

5 CompaniesPrice / EarningsEstimated GrowthMarket Cap
PQQ0 48.9xIndustry Avg. 9.1xNo. of Companies17PE0612182430+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: PQQ0 is expensive based on its Price-To-Earnings Ratio (48.9x) compared to the European Oil and Gas industry average (9.2x).


Price to Earnings Ratio vs Fair Ratio

What is PQQ0'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.

PQQ0 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio48.9x
Fair PE Ratio24x

Price-To-Earnings vs Fair Ratio: PQQ0 is expensive based on its Price-To-Earnings Ratio (48.9x) compared to the estimated Fair Price-To-Earnings Ratio (24x).


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 PQQ0 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€3.14
€4.45
+41.8%
17.3%€5.81€3.07n/a8
Nov ’25€3.24
€4.44
+37.1%
17.1%€5.78€3.07n/a8
Oct ’25€3.16
€4.35
+37.8%
16.1%€5.61€3.15n/a8
Sep ’25€3.53
€4.50
+27.4%
16.1%€5.54€3.15n/a7
Aug ’25€3.70
€4.53
+22.3%
16.1%€5.60€3.20n/a7
Jul ’25€3.78
€4.51
+19.4%
16.5%€5.65€3.24n/a7
Jun ’25€3.76
€4.39
+16.7%
20.5%€6.29€3.24n/a8
May ’25€3.46
€4.48
+29.4%
21.0%€6.52€3.29n/a8
Apr ’25€3.19
€4.47
+40.3%
22.3%€6.37€3.21n/a8
Mar ’25€2.93
€4.43
+51.0%
24.1%€6.37€3.27n/a8
Feb ’25€3.25
€4.37
+34.5%
25.6%€6.35€2.91n/a8
Jan ’25€3.51
€4.31
+23.0%
26.0%€6.58€2.87n/a8
Dec ’24€2.65
€4.15
+57.1%
22.3%€5.59€2.90n/a9
Nov ’24€2.96
€4.28
+44.3%
22.4%€5.78€2.98€3.249
Oct ’24€3.01
€4.31
+43.4%
22.9%€5.78€2.98€3.169
Sep ’24€2.90
€4.05
+39.4%
23.6%€5.60€2.47€3.5311
Aug ’24€3.09
€4.07
+31.6%
25.6%€5.50€2.43€3.7011
Jul ’24€2.65
€4.47
+68.4%
19.4%€5.61€3.30€3.7810
Jun ’24€2.60
€4.92
+89.0%
26.4%€7.22€3.30€3.7611
May ’24€2.71
€4.81
+77.7%
26.2%€7.09€3.27€3.4611
Apr ’24€3.09
€5.08
+64.3%
24.5%€7.27€3.48€3.1911
Mar ’24€3.29
€5.31
+61.5%
24.0%€7.34€3.51€2.9311
Feb ’24€3.53
€5.28
+49.4%
24.5%€7.58€3.51€3.2511
Jan ’24€3.46
€5.60
+62.0%
23.2%€7.39€3.59€3.5111
Dec ’23€3.88
€5.82
+49.9%
22.9%€7.59€3.69€2.6511
Nov ’23€4.37
€7.44
+70.3%
14.7%€9.16€5.69€2.9611

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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