XD Inc.

MUN:3OE Stock Report

Market Cap: €1.5b

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

Below Fair Value: 3OE (€3.14) is trading below our estimate of fair value (€5.73)

Significantly Below Fair Value: 3OE is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 3OE?

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

The above table shows the Price to Sales ratio for 3OE. This is calculated by dividing 3OE's market cap by their current revenue.
What is 3OE's PS Ratio?
PS Ratio2.9x
SalesCN¥3.86b
Market CapCN¥11.36b

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for 3OE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1.1x
BVB Borussia Dortmund GmbH Kommanditgesellschaft auf Aktien
0.6x0.8%€351.0m
SAX Ströer SE KGaA
1.3x7.7%€2.7b
PSM ProSiebenSat.1 Media
0.3x2.5%€1.1b
M8G Verve Group
2x12.6%€764.1m
3OE XD
2.9x14.6%€12.2b

Price-To-Sales vs Peers: 3OE is expensive based on its Price-To-Sales Ratio (2.9x) compared to the peer average (1.1x).

Price to Sales Ratio vs Industry

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

36 CompaniesPrice / SalesEstimated GrowthMarket Cap
3OE 2.9xIndustry Avg. 1.5xNo. of Companies36PS01.63.24.86.48+
36 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 3OE is expensive based on its Price-To-Sales Ratio (2.9x) compared to the European Entertainment industry average (1.4x).

Price to Sales Ratio vs Fair Ratio

What is 3OE'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.

3OE PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio2.9x
Fair PS Ratio3x

Price-To-Sales vs Fair Ratio: 3OE is good value based on its Price-To-Sales Ratio (2.9x) compared to the estimated Fair Price-To-Sales Ratio (3x).

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€3.14
€2.80
-10.8%
22.0%€4.08€1.73n/a9
Nov ’25€2.50
€2.80
+12.0%
22.0%€4.08€1.73n/a9
Oct ’25€2.86
€2.80
-2.1%
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€1.59n/a9
Apr ’25€1.86
€2.34
+25.9%
33.5%€4.12€1.37n/a9
Mar ’25€1.65
€2.57
+55.9%
31.9%€4.12€1.37n/a9
Feb ’25€1.07
€2.71
+153.2%
33.0%€4.11€1.36n/a10
Jan ’25€1.19
€2.96
+148.6%
23.4%€4.21€1.82n/a10
Dec ’24€1.53
€2.96
+93.3%
23.4%€4.21€1.82n/a10
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
Apr ’24€3.08
€3.86
+25.4%
18.0%€5.82€3.28€1.8610
Mar ’24€3.08
€3.75
+21.7%
22.7%€5.92€2.42€1.6510
Feb ’24€3.14
€3.75
+19.4%
22.7%€5.92€2.42€1.0710
Jan ’24€2.52
€3.89
+54.2%
24.7%€5.87€2.41€1.199
Dec ’23€2.46
€4.07
+65.4%
25.2%€6.04€2.48€1.538
Nov ’23€1.78
€3.93
+120.7%
25.1%€5.96€2.45€1.489

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

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