Forterra plc

DB:F0T Stock Report

Market Cap: €450.4m

Forterra Valuation

Is F0T 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 F0T when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: F0T (€2.16) is trading below our estimate of fair value (€5.16)

Significantly Below Fair Value: F0T is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for F0T?

Key metric: As F0T is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for F0T. This is calculated by dividing F0T's market cap by their current earnings.
What is F0T's PE Ratio?
PE Ratio47x
EarningsUK£8.00m
Market CapUK£376.14m

Price to Earnings Ratio vs Peers

How does F0T's PE Ratio compare to its peers?

The above table shows the PE ratio for F0T vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average11.4x
STO3 Sto SE KGaA
11x7.8%€723.6m
HEI Heidelberg Materials
11.4x7.3%€21.2b
SIM0 SIMONA
11.4xn/a€342.0m
ACT AlzChem Group
11.7x12.6%€586.2m
F0T Forterra
47x32.4%€376.1m

Price-To-Earnings vs Peers: F0T is expensive based on its Price-To-Earnings Ratio (47x) compared to the peer average (11.4x).

Price to Earnings Ratio vs Industry

How does F0T's PE Ratio compare vs other companies in the European Basic Materials Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
F0T 47.0xIndustry Avg. 12.5xNo. of Companies9PE01632486480+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: F0T is expensive based on its Price-To-Earnings Ratio (47x) compared to the European Basic Materials industry average (13.2x).

Price to Earnings Ratio vs Fair Ratio

What is F0T'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.

F0T PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio47x
Fair PE Ratio17.6x

Price-To-Earnings vs Fair Ratio: F0T is expensive based on its Price-To-Earnings Ratio (47x) compared to the estimated Fair Price-To-Earnings Ratio (17.6x).

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 F0T forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€2.16
€2.45
+13.3%
13.8%€3.12€2.04n/a9
Nov ’25€2.26
€2.37
+5.0%
10.2%€2.83€2.04n/a9
Oct ’25€2.06
€2.28
+10.8%
7.8%€2.55€2.01n/a9
Sep ’25€2.06
€2.19
+6.3%
7.3%€2.46€1.99n/a9
Aug ’25€2.06
€2.22
+7.8%
7.3%€2.49€2.02n/a9
Jul ’25€1.89
€2.13
+12.5%
5.9%€2.37€1.93n/a8
Jun ’25€1.94
€2.11
+8.6%
5.8%€2.34€1.90n/a8
May ’25€1.96
€2.10
+7.3%
5.8%€2.34€1.90n/a8
Apr ’25€2.02
€2.03
+0.6%
10.3%€2.34€1.64n/a8
Mar ’25€1.98
€2.02
+2.2%
10.4%€2.34€1.64n/a8
Feb ’25€1.91
€1.97
+3.0%
12.3%€2.34€1.64n/a8
Jan ’25€2.02
€1.91
-5.6%
11.2%€2.31€1.61n/a8
Dec ’24€1.75
€1.84
+5.0%
12.9%€2.29€1.55n/a8
Nov ’24€1.45
€1.90
+31.2%
14.8%€2.30€1.55€2.268
Oct ’24€1.77
€2.31
+30.7%
12.1%€2.89€1.89€2.069
Sep ’24€1.93
€2.31
+19.9%
12.1%€2.89€1.89€2.069
Aug ’24€1.98
€2.36
+19.2%
11.8%€2.91€1.91€2.0610
Jul ’24€1.89
€2.84
+50.1%
15.0%€3.48€2.09€1.899
Jun ’24€2.12
€2.92
+37.6%
10.0%€3.46€2.53€1.949
May ’24€2.14
€2.80
+31.0%
11.0%€3.38€2.37€1.9610
Apr ’24€2.24
€2.80
+25.2%
11.0%€3.38€2.37€2.0210
Mar ’24€2.46
€2.77
+12.7%
9.5%€3.25€2.39€1.9810
Feb ’24€2.40
€2.77
+15.5%
9.5%€3.25€2.39€1.9110
Jan ’24€2.14
€2.92
+36.4%
12.5%€3.44€2.41€2.028
Dec ’23€2.32
€3.09
+33.0%
8.6%€3.48€2.75€1.757
Nov ’23€2.50
€3.43
+37.3%
14.6%€4.24€2.76€1.458

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

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