NRJ Group Valuation

Is NR8 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

6/6

Valuation Score 6/6

  • 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 NR8 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: NR8 (€6.9) is trading below our estimate of fair value (€11.47)

Significantly Below Fair Value: NR8 is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for NR8?

Key metric: As NR8 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for NR8. This is calculated by dividing NR8's market cap by their current earnings.
What is NR8's PE Ratio?
PE Ratio10.8x
Earnings€49.98m
Market Cap€541.79m

Price to Earnings Ratio vs Peers

How does NR8's PE Ratio compare to its peers?

The above table shows the PE ratio for NR8 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average21.4x
RRTL RTL Group
9.3x-2.6%€3.7b
KA8 Klassik Radio
30.7xn/a€17.8m
M8G Verve Group
15x22.0%€764.1m
NWO New Work
30.7x32.3%€367.6m
NR8 NRJ Group
10.8x0.02%€541.8m

Price-To-Earnings vs Peers: NR8 is good value based on its Price-To-Earnings Ratio (10.8x) compared to the peer average (21.4x).


Price to Earnings Ratio vs Industry

How does NR8's PE Ratio compare vs other companies in the European Media Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
NR8 10.8xIndustry Avg. 12.1xNo. of Companies16PE01020304050+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: NR8 is good value based on its Price-To-Earnings Ratio (10.8x) compared to the European Media industry average (12.1x).


Price to Earnings Ratio vs Fair Ratio

What is NR8'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.

NR8 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio10.8x
Fair PE Ratio12.7x

Price-To-Earnings vs Fair Ratio: NR8 is good value based on its Price-To-Earnings Ratio (10.8x) compared to the estimated Fair Price-To-Earnings Ratio (12.7x).


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 NR8 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€6.90
€9.90
+43.5%
9.5%€11.20€9.00n/a3
Nov ’25€7.38
€9.90
+34.1%
9.5%€11.20€9.00n/a3
Oct ’25€7.60
€9.90
+30.3%
9.5%€11.20€9.00n/a3
Sep ’25€7.84
€9.90
+26.3%
9.5%€11.20€9.00n/a3
Aug ’25€7.88
€9.90
+25.6%
9.5%€11.20€9.00n/a3
Jul ’25€7.40
€10.27
+38.7%
7.4%€11.30€9.50n/a3
Jun ’25€7.86
€10.57
+34.4%
7.2%€11.20€9.50n/a3
May ’25€7.56
€10.43
+38.0%
6.4%€11.00€9.50n/a3
Apr ’25€7.76
€10.43
+34.5%
6.4%€11.00€9.50n/a3
Mar ’25€7.50
€9.73
+29.8%
9.4%€10.70€8.50n/a3
Feb ’25€7.76
€9.63
+24.1%
8.5%€10.40€8.50n/a3
Jan ’25€7.28
€9.63
+32.3%
8.5%€10.40€8.50n/a3
Dec ’24€6.92
€9.63
+39.2%
8.5%€10.40€8.50n/a3
Nov ’24€6.42
€9.57
+49.0%
7.9%€10.20€8.50€7.383
Oct ’24€6.98
€9.57
+37.1%
7.9%€10.20€8.50€7.603
Sep ’24€6.64
€9.57
+44.1%
7.9%€10.20€8.50€7.843
Aug ’24€6.80
€9.35
+37.5%
9.1%€10.20€8.50€7.882
Jul ’24€6.86
€9.57
+39.5%
7.9%€10.20€8.50€7.403
Jun ’24€6.54
€9.60
+46.8%
8.2%€10.30€8.50€7.863
May ’24€6.86
€9.60
+39.9%
8.2%€10.30€8.50€7.563
Apr ’24€6.38
€9.60
+50.5%
8.2%€10.30€8.50€7.763
Mar ’24€6.44
€9.23
+43.4%
12.5%€10.10€7.60€7.503
Feb ’24€6.44
€9.17
+42.3%
12.1%€10.00€7.60€7.763
Jan ’24€6.48
€9.17
+41.5%
12.1%€10.00€7.60€7.283
Dec ’23€6.28
€9.17
+46.0%
12.1%€10.00€7.60€6.923
Nov ’23€6.50
€9.67
+48.7%
12.9%€11.00€8.00€6.423

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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