XD Valuation

Is 3OE 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 3OE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
€4.51
Fair Value
6.0% undervalued intrinsic discount
10
Number of Analysts

Below Fair Value: 3OE (€4.24) is trading below our estimate of fair value (€4.51)

Significantly Below Fair Value: 3OE 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 3OE?

Key metric: As 3OE is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 3OE. This is calculated by dividing 3OE's market cap by their current earnings.
What is 3OE's PE Ratio?
PE Ratio20.8x
EarningsCN¥811.53m
Market CapCN¥16.92b

Price to Earnings Ratio vs Peers

How does 3OE's PE Ratio compare to its peers?

The above table shows the PE ratio for 3OE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average31.5x
SAX Ströer SE KGaA
22.2x19.6%€2.9b
SPG Springer Nature KGaA
52.1x23.3%€3.6b
PSM ProSiebenSat.1 Media
27.3x35.1%€1.4b
M8G Verve Group
24.5x28.6%€706.1m
20.8x12.1%€18.2b

Price-To-Earnings vs Peers: 3OE is good value based on its Price-To-Earnings Ratio (20.8x) compared to the peer average (31.5x).


Price to Earnings Ratio vs Industry

How does 3OE's PE Ratio compare vs other companies in the European Entertainment Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
3OE 20.8xIndustry Avg. 16.3xNo. of Companies8PE01224364860+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 3OE is expensive based on its Price-To-Earnings Ratio (20.8x) compared to the European Entertainment industry average (16.4x).


Price to Earnings Ratio vs Fair Ratio

What is 3OE'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.

3OE PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio20.8x
Fair PE Ratio21.1x

Price-To-Earnings vs Fair Ratio: 3OE is good value based on its Price-To-Earnings Ratio (20.8x) compared to the estimated Fair Price-To-Earnings Ratio (21.1x).


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 3OE forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€4.24
€4.18
-1.5%
21.3%€5.14€1.76n/a10
May ’26€3.96
€4.18
+5.5%
21.3%€5.14€1.76n/a10
Apr ’26€3.88
€4.00
+3.0%
27.8%€5.70€1.80n/a10
Mar ’26€3.98
€2.95
-25.8%
23.8%€4.53€1.87n/a9
Feb ’26€3.12
€2.94
-5.9%
23.7%€4.52€1.86n/a9
Jan ’26€3.08
€2.73
-11.2%
16.8%€3.28€1.79n/a8
Dec ’25€2.94
€2.80
-4.7%
22.0%€4.08€1.73n/a9
Nov ’25€2.50
€2.80
+12.1%
22.0%€4.08€1.73n/a9
Oct ’25€2.86
€2.80
-2.0%
22.0%€4.08€1.73n/a9
Sep ’25€2.28
€2.70
+18.5%
27.1%€4.13€1.64n/a8
Aug ’25€2.74
€2.38
-13.1%
29.4%€4.14€1.64n/a8
Jul ’25€2.26
€2.27
+0.3%
30.5%€4.14€1.77n/a9
Jun ’25€2.34
€2.23
-4.6%
31.8%€4.12€1.55n/a9
May ’25€1.84
€2.28
+23.7%
31.3%€4.17€1.59€3.969
Apr ’25€1.86
€2.34
+25.9%
33.5%€4.12€1.37€3.889
Mar ’25€1.65
€2.57
+55.9%
31.9%€4.12€1.37€3.989
Feb ’25€1.07
€2.71
+153.2%
33.0%€4.11€1.36€3.1210
Jan ’25€1.19
€2.96
+148.6%
23.4%€4.21€1.82€3.0810
Dec ’24€1.53
€2.96
+93.3%
23.4%€4.21€1.82€2.9410
Nov ’24€1.48
€3.32
+124.4%
28.4%€5.56€2.49€2.5010
Oct ’24€1.64
€3.32
+102.5%
28.4%€5.56€2.49€2.8610
Sep ’24€2.00
€3.42
+71.0%
26.3%€5.54€2.49€2.2810
Aug ’24€2.08
€3.72
+78.8%
17.4%€5.43€2.88€2.7410
Jul ’24€2.38
€3.88
+62.8%
16.8%€5.71€3.22€2.2611
Jun ’24€2.44
€3.92
+60.5%
16.6%€5.72€3.22€2.3411
May ’24€2.78
€3.92
+40.8%
16.6%€5.74€3.23€1.8411
AnalystConsensusTarget
Consensus Narrative from 10 Analysts
€3.98
Fair Value
6.6% overvalued intrinsic discount
10
Number of Analysts

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


Discover undervalued companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/07 07:33
End of Day Share Price 2025/05/07 00:00
Earnings2024/12/31
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

XD Inc. is covered by 25 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Lei ZhangBofA Global Research
Xueqing ZhangChina International Capital Corporation Limited
Yiwen ZhangChina Renaissance Securities