Davide Campari-Milano N.V.

DB:58H Stock Report

Market Cap: €6.8b

Davide Campari-Milano Valuation

Is 58H undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • 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 58H when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 58H (€5.55) is trading below our estimate of fair value (€7.91)

Significantly Below Fair Value: 58H is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 58H?

Key metric: As 58H is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 58H. This is calculated by dividing 58H's market cap by their current earnings.
What is 58H's PE Ratio?
PE Ratio22x
Earnings€308.30m
Market Cap€6.79b

Price to Earnings Ratio vs Peers

How does 58H's PE Ratio compare to its peers?

The above table shows the PE ratio for 58H vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average12.8x
SWA Schloss Wachenheim
15.9x17.7%€116.4m
SZU Südzucker
6.7x-10.2%€2.2b
KWS KWS SAAT SE KGaA
10x-1.0%€2.0b
603198 Anhui Yingjia Distillery
18.9x13.9%CN¥49.5b
58H Davide Campari-Milano
22x15.7%€6.8b

Price-To-Earnings vs Peers: 58H is expensive based on its Price-To-Earnings Ratio (22x) compared to the peer average (12.8x).

Price to Earnings Ratio vs Industry

How does 58H's PE Ratio compare vs other companies in the European Beverage Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
58H 22.0xIndustry Avg. 17.0xNo. of Companies7PE01020304050+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 58H is expensive based on its Price-To-Earnings Ratio (22x) compared to the European Beverage industry average (17x).

Price to Earnings Ratio vs Fair Ratio

What is 58H'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.

58H PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio22x
Fair PE Ratio24x

Price-To-Earnings vs Fair Ratio: 58H is good value based on its Price-To-Earnings Ratio (22x) 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 58H forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€5.56
€8.05
+44.8%
17.4%€10.80€5.00n/a21
Nov ’25€6.05
€8.19
+35.4%
15.5%€10.80€6.00n/a21
Oct ’25€7.65
€9.54
+24.7%
13.2%€12.00€6.50n/a21
Sep ’25€8.22
€9.64
+17.3%
12.0%€12.00€7.70n/a21
Aug ’25€8.00
€9.71
+21.3%
12.5%€12.00€7.70n/a20
Jul ’25€8.79
€10.30
+17.2%
13.3%€12.80€7.80n/a20
Jun ’25€9.00
€10.30
+14.4%
13.3%€12.80€7.80n/a20
May ’25€9.27
€10.28
+10.9%
13.8%€13.50€7.80n/a20
Apr ’25€9.29
€10.33
+11.1%
11.7%€12.20€7.80n/a20
Mar ’25€9.45
€10.52
+11.3%
13.0%€13.50€7.80n/a21
Feb ’25€9.40
€10.84
+15.3%
13.0%€13.50€8.20n/a21
Jan ’25€10.18
€11.36
+11.6%
13.0%€13.50€8.30n/a21
Dec ’24€9.90
€11.45
+15.7%
12.7%€13.50€8.30n/a21
Nov ’24€10.40
€11.61
+11.7%
10.8%€13.50€8.75€6.0521
Oct ’24€11.10
€12.30
+10.8%
13.6%€14.30€8.10€7.6521
Sep ’24€11.98
€12.25
+2.2%
13.7%€14.30€8.10€8.2222
Aug ’24€12.31
€12.27
-0.3%
13.8%€14.30€8.10€8.0022
Jul ’24€12.69
€12.46
-1.9%
11.5%€14.30€9.00€8.7920
Jun ’24€12.46
€12.46
0%
11.5%€14.30€9.00€9.0020
May ’24€11.65
€11.73
+0.7%
12.3%€14.00€8.30€9.2720
Apr ’24€11.23
€11.64
+3.6%
12.1%€14.00€8.20€9.2920
Mar ’24€10.45
€11.67
+11.7%
12.1%€14.00€8.20€9.4521
Feb ’24€9.70
€11.36
+17.1%
13.5%€14.00€8.00€9.4021
Jan ’24€9.52
€11.44
+20.2%
13.2%€15.00€8.00€10.1821
Dec ’23€10.20
€11.40
+11.8%
13.5%€15.00€8.00€9.9021
Nov ’23€9.31
€11.52
+23.8%
13.7%€15.00€8.00€10.4021

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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