What's Cooking Group NV/SA

DB:BD0 Stock Report

Market Cap: €194.9m

What's Cooking Group/SA Valuation

Is BD0 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 BD0 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: BD0 (€105.5) is trading above our estimate of fair value (€102.88)

Significantly Below Fair Value: BD0 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for BD0?

Key metric: As BD0 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for BD0. This is calculated by dividing BD0's market cap by their current earnings.
What is BD0's PE Ratio?
PE Ratio12.7x
Earnings€15.40m
Market Cap€194.90m

Price to Earnings Ratio vs Peers

How does BD0's PE Ratio compare to its peers?

The above table shows the PE ratio for BD0 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average10.1x
NLM FRoSTA
12.1xn/a€415.6m
SSH Südwestdeutsche Salzwerke
15xn/a€598.9m
SMB Schwälbchen Molkerei Jakob Berz
6.7xn/a€55.8m
SZU Südzucker
6.7x-10.2%€2.2b
BD0 What's Cooking Group/SA
12.7x7.7%€194.9m

Price-To-Earnings vs Peers: BD0 is expensive based on its Price-To-Earnings Ratio (12.7x) compared to the peer average (10.1x).

Price to Earnings Ratio vs Industry

How does BD0's PE Ratio compare vs other companies in the European Food Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
BD0 12.7xIndustry Avg. 13.4xNo. of Companies18PE0816243240+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: BD0 is good value based on its Price-To-Earnings Ratio (12.7x) compared to the European Food industry average (13.4x).

Price to Earnings Ratio vs Fair Ratio

What is BD0'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.

BD0 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio12.7x
Fair PE Ratio15.4x

Price-To-Earnings vs Fair Ratio: BD0 is good value based on its Price-To-Earnings Ratio (12.7x) compared to the estimated Fair Price-To-Earnings Ratio (15.4x).

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 BD0 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€105.50
€140.00
+32.7%
7.1%€150.00€130.00n/a2
Nov ’25€105.00
€140.00
+33.3%
7.1%€150.00€130.00n/a2
Oct ’25€92.20
€107.50
+16.6%
2.3%€110.00€105.00n/a2
Sep ’25€86.00
€107.50
+25.0%
2.3%€110.00€105.00n/a2
Aug ’25€70.00
€100.00
+42.9%
5.0%€105.00€95.00n/a2
Jul ’25€69.60
€100.00
+43.7%
5.0%€105.00€95.00n/a2
Jun ’25€74.40
€100.00
+34.4%
5.0%€105.00€95.00n/a2
May ’25€74.60
€100.00
+34.0%
5.0%€105.00€95.00n/a2
Apr ’25€79.00
€100.00
+26.6%
5.0%€105.00€95.00n/a2
Mar ’25€72.00
€82.50
+14.6%
3.0%€85.00€80.00n/a2

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

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