everplay group plc

BST:2EC Stock Report

Market Cap: €542.0m

everplay group Valuation

Is 2EC 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 2EC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 2EC (€3.54) is trading below our estimate of fair value (€4.65)

Significantly Below Fair Value: 2EC is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 2EC?

Key metric: As 2EC is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 2EC. This is calculated by dividing 2EC's market cap by their current earnings.
What is 2EC's PE Ratio?
PE Ratio21.7x
EarningsUK£21.81m
Market CapUK£472.59m

Price to Earnings Ratio vs Peers

How does 2EC's PE Ratio compare to its peers?

The above table shows the PE ratio for 2EC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average17.2x
BVB Borussia Dortmund GmbH Kommanditgesellschaft auf Aktien
12.9x-27.88%€358.7m
M8G Verve Group
30.9x44.12%€349.2m
EDL Edel SE KGaA
8.8x6.45%€93.2m
SAX Ströer SE KGaA
16.4x23.13%€2.0b
2EC everplay group
21.7x11.76%€472.6m

Price-To-Earnings vs Peers: 2EC is expensive based on its Price-To-Earnings Ratio (21.7x) compared to the peer average (17.2x).


Price to Earnings Ratio vs Industry

How does 2EC's PE Ratio compare vs other companies in the European Entertainment Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
2EC 21.7xIndustry Avg. 14.0xNo. of Companies12PE01224364860+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 2EC is expensive based on its Price-To-Earnings Ratio (21.7x) compared to the European Entertainment industry average (14x).


Price to Earnings Ratio vs Fair Ratio

What is 2EC'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.

2EC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio21.7x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 2EC's Price-To-Earnings Fair Ratio for valuation analysis.


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 2EC forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€3.54
€5.12
+44.67%
5.19%€5.47€4.45n/a10
Dec ’26€3.84
€5.13
+33.50%
5.19%€5.48€4.45n/a10
Nov ’26n/a
€5.17
0%
5.19%€5.53€4.49n/a10
Oct ’26n/a
€5.12
0%
6.12%€5.55€4.51n/a10
Sep ’26n/a
€4.73
0%
7.25%€5.22€4.00n/a10
Aug ’26n/a
€4.62
0%
6.81%€5.04€3.95n/a9
Jul ’26n/a
€4.21
0%
7.94%€4.67€3.62n/a9
Jun ’26€3.34
€4.17
+24.74%
8.42%€4.77€3.54n/a10
May ’26n/a
€4.12
0%
8.42%€4.71€3.50n/a10
Apr ’26n/a
€4.19
0%
8.05%€4.78€3.54n/a10
Mar ’26€2.40
€4.18
+74.21%
9.40%€4.81€3.57n/a10
Feb ’26€3.04
€4.15
+36.40%
9.40%€4.77€3.54n/a10
Jan ’26n/a
€4.40
0%
15.34%€5.89€3.57n/a11
Dec ’25n/a
€4.25
0%
19.34%€5.88€2.76€3.8411
Nov ’25n/a
€4.23
0%
19.34%€5.85€2.75n/a11
Oct ’25n/a
€4.20
0%
19.34%€5.80€2.72n/a11
Sep ’25n/a
€4.20
0%
18.81%€5.77€2.71n/a11
Aug ’25n/a
€4.18
0%
19.66%€5.83€2.74n/a12
Jul ’25n/a
€4.13
0%
20.57%€5.78€2.71n/a11
Jun ’25n/a
€4.02
0%
20.86%€5.75€2.70€3.3413
May ’25n/a
€3.97
0%
21.95%€5.73€2.69n/a12
Apr ’25n/a
€3.81
0%
25.17%€5.75€2.64n/a12
Mar ’25n/a
€4.14
0%
33.54%€7.50€2.64€2.4012
Feb ’25n/a
€4.33
0%
34.00%€7.51€2.64€3.0413
Jan ’25n/a
€4.77
0%
46.76%€10.20€2.10n/a12
Dec ’24€2.10
€5.29
+152.03%
38.16%€10.12€2.60n/a12
€4.85
Fair Value
26.9% undervalued intrinsic discount
10
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/12/27 11:02
End of Day Share Price 2025/12/23 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

everplay group plc is covered by 25 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nicholas Michael DempseyBarclays
Nicholas Michael DempseyBarclays
Edward JamesBerenberg