Schibsted ASA

DB:XPG Stock Report

Market Cap: €6.3b

Schibsted Valuation

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

Valuation Score

4/6

Valuation Score 4/6

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

Discounted Cash Flow
Simply Wall St
€34.01
Fair Value
17.3% undervalued intrinsic discount
13
Number of Analysts

Below Fair Value: XPG (€28.12) is trading below our estimate of fair value (€34.01)

Significantly Below Fair Value: XPG is trading below fair value, but not by a significant amount.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for XPG. This is calculated by dividing XPG's market cap by their current earnings.
What is XPG's PE Ratio?
PE Ratio3.8x
EarningsNOK 20.28b
Market CapNOK 74.14b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for XPG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average21.5x
BST Bastei Lübbe
11.9x0.1%€127.4m
RRTL RTL Group
10.7x-2.2%€4.3b
SAX Ströer SE KGaA
26.4x27.2%€3.0b
G24 Scout24
37.1x15.1%€6.5b
XPG Schibsted
3.8x-87.4%€74.1b

Price-To-Earnings vs Peers: XPG is good value based on its Price-To-Earnings Ratio (3.8x) compared to the peer average (21.5x).

Price to Earnings Ratio vs Industry

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

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
XPG 3.8xIndustry Avg. 13.5xNo. of Companies16PE01224364860+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: XPG is good value based on its Price-To-Earnings Ratio (3.8x) compared to the European Media industry average (13.5x).

Price to Earnings Ratio vs Fair Ratio

What is XPG'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.

XPG PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio3.8x
Fair PE Ratio4.5x

Price-To-Earnings vs Fair Ratio: XPG is good value based on its Price-To-Earnings Ratio (3.8x) compared to the estimated Fair Price-To-Earnings Ratio (4.5x).

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 XPG forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€28.12
€30.98
+10.2%
11.1%€36.54€25.49n/a13
Jan ’26€29.58
€30.36
+2.7%
12.6%€37.22€25.38n/a12
Dec ’25€31.54
€30.77
-2.4%
12.7%€37.68€25.69n/a12
Nov ’25€30.90
€30.00
-2.9%
11.4%€35.22€25.04n/a13
Oct ’25€28.64
€28.26
-1.3%
13.6%€34.05€19.92n/a13
Sep ’25€26.22
€28.22
+7.6%
13.2%€34.23€20.57n/a13
Aug ’25€26.28
€27.97
+6.4%
13.4%€33.75€20.27n/a13
Jul ’25€27.78
€28.95
+4.2%
16.5%€41.43€21.06n/a12
Jun ’25€26.70
€29.60
+10.9%
6.1%€33.27€26.26n/a12
May ’25€26.26
€29.14
+11.0%
8.6%€34.58€25.30n/a12
Apr ’25€29.13
€30.06
+3.2%
8.1%€35.28€25.82n/a12
Mar ’25€27.21
€29.88
+9.8%
7.7%€36.10€26.41n/a12
Feb ’25€27.66
€28.18
+1.9%
10.2%€30.97€20.39n/a12
Jan ’25€25.46
€27.56
+8.3%
13.8%€31.56€20.45€29.5812
Dec ’24€22.70
€25.42
+12.0%
12.0%€30.51€19.82€31.5412
Nov ’24€18.37
€23.75
+29.3%
9.3%€27.05€19.44€30.9013
Oct ’24€21.48
€24.10
+12.2%
12.1%€28.30€17.68€28.6413
Sep ’24€19.47
€22.66
+16.4%
11.3%€27.48€17.96€26.2215
Aug ’24€19.30
€22.66
+17.4%
11.3%€27.48€17.96€26.2815
Jul ’24€16.33
€21.81
+33.6%
12.3%€27.00€17.42€27.7815
Jun ’24€17.83
€21.41
+20.1%
11.5%€26.37€17.01€26.7015
May ’24€15.57
€21.02
+35.0%
13.3%€25.72€16.18€26.2614
Apr ’24€15.38
€22.94
+49.1%
13.0%€26.72€15.31€29.1314
Mar ’24€19.23
€24.03
+25.0%
14.2%€30.95€15.75€27.2115
Feb ’24€19.88
€23.33
+17.3%
15.7%€28.64€15.98€27.6615
Jan ’24€17.53
€23.12
+31.9%
21.0%€30.19€13.59€25.4616
Analyst Price Target
Consensus Narrative from 13 Analysts
€31.03
Fair Value
9.4% undervalued intrinsic discount
13
Number of Analysts

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

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/20 14:10
End of Day Share Price 2025/01/17 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

Schibsted ASA is covered by 32 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Markus BjerkeArctic Securities ASA
JULIEN ROCHBarclays