Eutelsat Group

DB:E3B Stock Report

Market Cap: €1.8b

Eutelsat Group Valuation

Is E3B undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of E3B when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: E3B (€3.71) is trading above our estimate of fair value (€2.28)

Significantly Below Fair Value: E3B is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for E3B?

Key metric: As E3B is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for E3B. This is calculated by dividing E3B's market cap by their current revenue.
What is E3B's PS Ratio?
PS Ratio1.4x
Sales€1.21b
Market Cap€1.75b

Price to Sales Ratio vs Peers

How does E3B's PS Ratio compare to its peers?

The above table shows the PS ratio for E3B vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average0.6x
TC1 Tele Columbus
0.1x2.3%€103.8m
PSM ProSiebenSat.1 Media
0.3x2.7%€1.1b
SAX Ströer SE KGaA
1.3x7.7%€2.7b
RRTL RTL Group
0.6x4.8%€3.7b
E3B Eutelsat Group
1.4x7.3%€1.8b

Price-To-Sales vs Peers: E3B is expensive based on its Price-To-Sales Ratio (1.4x) compared to the peer average (0.6x).

Price to Sales Ratio vs Industry

How does E3B's PS Ratio compare vs other companies in the DE Media Industry?

4 CompaniesPrice / SalesEstimated GrowthMarket Cap
TC1 Tele Columbus
0.1x2.3%US$109.29m
SBV Schwabenverlag
0.1xn/aUS$1.46m
53Y Bonhill Group
0.02xn/aUS$398.20k
69R Aventura Group
0.09xn/aUS$242.86k
No more companies available in this PS range
E3B 1.4xIndustry Avg. 0.7xNo. of Companies4PS00.61.21.82.43+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: E3B is expensive based on its Price-To-Sales Ratio (1.4x) compared to the European Media industry average (0.7x).

Price to Sales Ratio vs Fair Ratio

What is E3B's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

E3B PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.4x
Fair PS Ratio3.1x

Price-To-Sales vs Fair Ratio: E3B is good value based on its Price-To-Sales Ratio (1.4x) compared to the estimated Fair Price-To-Sales Ratio (3.1x).

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 E3B forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€3.71
€3.50
-5.6%
15.3%€4.50€3.00n/a10
Nov ’25€3.74
€3.54
-5.4%
17.2%€4.80€3.00n/a10
Oct ’25€3.97
€3.66
-7.6%
20.8%€5.50€3.00n/a11
Sep ’25€4.17
€3.69
-11.6%
21.6%€5.50€3.00n/a10
Aug ’25€4.77
€3.77
-20.9%
22.0%€5.50€3.00n/a10
Jul ’25€3.79
€3.77
-0.4%
22.0%€5.50€3.00n/a10
Jun ’25€4.52
€3.72
-17.7%
23.1%€5.50€3.00n/a9
May ’25€3.78
€4.16
+9.9%
47.7%€9.50€3.00n/a9
Apr ’25€3.95
€4.47
+13.2%
48.0%€9.50€3.00n/a7
Mar ’25€3.57
€4.48
+25.3%
44.7%€9.50€3.00n/a8
Feb ’25€3.49
€4.73
+35.5%
42.5%€9.50€3.00n/a8
Jan ’25€4.19
€4.97
+18.6%
40.8%€9.50€3.00n/a7
Dec ’24€3.78
€5.84
+54.4%
30.1%€9.50€4.00n/a7
Nov ’24€4.02
€7.81
+94.5%
34.8%€14.00€5.30€3.748
Oct ’24€5.42
€8.13
+50.0%
32.0%€14.00€5.30€3.978
Sep ’24€5.61
€8.13
+45.0%
32.0%€14.00€5.30€4.178
Aug ’24€6.11
€8.09
+32.5%
32.6%€14.00€5.30€4.778
Jul ’24€6.00
€8.29
+38.1%
30.7%€14.00€5.40€3.798
Jun ’24€5.96
€8.36
+40.4%
29.4%€14.00€6.00€4.528
May ’24€5.95
€8.43
+41.6%
29.7%€14.00€6.00€3.788
Apr ’24€6.19
€8.81
+42.3%
27.2%€14.00€6.00€3.959
Mar ’24€6.66
€9.04
+35.8%
23.8%€14.00€6.00€3.5710
Feb ’24€7.00
€9.74
+39.1%
22.2%€14.00€6.00€3.4910
Jan ’24€7.05
€9.94
+41.1%
22.7%€14.00€6.00€4.1910
Dec ’23€7.66
€9.94
+29.8%
22.7%€14.00€6.00€3.7810
Nov ’23€10.15
€10.14
-0.1%
23.9%€14.00€6.00€4.0210

Analyst Forecast: Target price is lower than the current share price.

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