Sartorius Aktiengesellschaft

DB:SRT3 Stock Report

Market Cap: €13.8b

Sartorius Valuation

Is SRT3 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 SRT3 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: SRT3 (€218.2) is trading below our estimate of fair value (€308.88)

Significantly Below Fair Value: SRT3 is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for SRT3?

Key metric: As SRT3 is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for SRT3. This is calculated by dividing SRT3's market cap by their current revenue.
What is SRT3's PS Ratio?
PS Ratio4.6x
Sales€3.32b
Market Cap€13.75b

Price to Sales Ratio vs Peers

How does SRT3's PS Ratio compare to its peers?

The above table shows the PS ratio for SRT3 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1.9x
1SXP SCHOTT Pharma KGaA
3.8x10.6%€3.6b
GXI Gerresheimer
1.3x9.8%€2.6b
EVT Evotec
1.9x12.1%€1.5b
BAYN Bayer
0.4x1.0%€18.9b
SRT3 Sartorius
4.6x9.3%€13.8b

Price-To-Sales vs Peers: SRT3 is expensive based on its Price-To-Sales Ratio (4.6x) compared to the peer average (1.9x).


Price to Sales Ratio vs Industry

How does SRT3's PS Ratio compare vs other companies in the European Life Sciences Industry?

5 CompaniesPrice / SalesEstimated GrowthMarket Cap
SRT3 4.6xIndustry Avg. 4.4xNo. of Companies8PS03.67.210.814.418+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: SRT3 is expensive based on its Price-To-Sales Ratio (4.6x) compared to the European Life Sciences industry average (4.4x).


Price to Sales Ratio vs Fair Ratio

What is SRT3'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.

SRT3 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio4.6x
Fair PS Ratio4.2x

Price-To-Sales vs Fair Ratio: SRT3 is expensive based on its Price-To-Sales Ratio (4.6x) compared to the estimated Fair Price-To-Sales Ratio (4.2x).


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 SRT3 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€218.20
€264.42
+21.2%
13.5%€320.00€173.00n/a19
Dec ’25€219.80
€265.89
+21.0%
13.1%€320.00€173.00n/a19
Nov ’25€235.00
€265.94
+13.2%
13.5%€320.00€173.00n/a18
Oct ’25€248.40
€263.28
+6.0%
14.9%€320.00€173.00n/a18
Sep ’25€250.60
€265.88
+6.1%
15.9%€335.00€173.00n/a17
Aug ’25€257.50
€271.53
+5.4%
17.8%€375.00€173.00n/a17
Jul ’25€212.40
€314.88
+48.2%
13.9%€380.00€210.00n/a16
Jun ’25€241.90
€318.63
+31.7%
13.1%€380.00€210.00n/a16
May ’25€287.90
€330.50
+14.8%
11.7%€400.00€240.00n/a16
Apr ’25€366.30
€349.75
-4.5%
11.9%€415.00€240.00n/a16
Mar ’25€351.30
€334.94
-4.7%
12.8%€390.00€240.00n/a16
Feb ’25€337.90
€319.81
-5.4%
13.6%€390.00€235.00n/a16
Jan ’25€333.60
€287.64
-13.8%
9.3%€340.00€235.00n/a14
Dec ’24€289.00
€281.57
-2.6%
9.6%€340.00€240.00€219.8014
Nov ’24€242.50
€303.80
+25.3%
19.0%€470.00€240.00€235.0015
Oct ’24€321.40
€368.07
+14.5%
14.0%€470.00€250.00€248.4014
Sep ’24€367.10
€369.29
+0.6%
13.8%€470.00€250.00€250.6014
Aug ’24€367.90
€365.36
-0.7%
14.3%€470.00€250.00€257.5014
Jul ’24€316.30
€373.83
+18.2%
22.0%€603.60€250.00€212.4014
Jun ’24€320.20
€427.51
+33.5%
16.9%€603.60€320.00€241.9013
May ’24€350.60
€441.74
+26.0%
17.3%€603.60€320.00€287.9013
Apr ’24€388.00
€460.82
+18.8%
16.9%€603.60€320.00€366.3013
Mar ’24€400.40
€455.43
+13.7%
18.2%€603.60€320.00€351.3013
Feb ’24€417.60
€449.05
+7.5%
18.9%€603.60€295.00€337.9013
Jan ’24€373.70
€451.43
+20.8%
21.9%€603.60€267.00€333.6012
Dec ’23€374.70
€455.16
+21.5%
21.1%€603.60€267.00€289.0013

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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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 12:37
End of Day Share Price 2024/12/18 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

Sartorius Aktiengesellschaft is covered by 45 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kamla SinghAlphaValue
Theresa DickBankhaus Lampe KG
Charles Pitman-KingBarclays