Victoria's Secret & Co.

BST:8FR Stock Report

Market Cap: €3.4b

Victoria's Secret Valuation

Is 8FR undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • 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 8FR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 8FR (€43.57) is trading above our estimate of fair value (€20.71)

Significantly Below Fair Value: 8FR is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 8FR?

Key metric: As 8FR is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 8FR. This is calculated by dividing 8FR's market cap by their current earnings.
What is 8FR's PE Ratio?
PE Ratio23.1x
EarningsUS$153.00m
Market CapUS$3.53b

Price to Earnings Ratio vs Peers

How does 8FR's PE Ratio compare to its peers?

The above table shows the PE ratio for 8FR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average23.6x
ZAL Zalando
41.5x21.6%€8.5b
FIE Fielmann Group
24.4x18.9%€3.4b
HBM HORNBACH Baumarkt
25.8xn/a€1.9b
FSNT Platform Group
2.8x-37.8%€153.0m
8FR Victoria's Secret
23.1x3.6%€3.5b

Price-To-Earnings vs Peers: 8FR is good value based on its Price-To-Earnings Ratio (23.1x) compared to the peer average (23.6x).

Price to Earnings Ratio vs Industry

How does 8FR's PE Ratio compare vs other companies in the European Specialty Retail Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
8FR 23.1xIndustry Avg. 15.5xNo. of Companies11PE01020304050+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 8FR is expensive based on its Price-To-Earnings Ratio (23.1x) compared to the European Specialty Retail industry average (15.5x).

Price to Earnings Ratio vs Fair Ratio

What is 8FR'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.

8FR PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio23.1x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 8FR's Price-To-Earnings Fair Ratio for valuation analysis.

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 8FR forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€43.57
€42.47
-2.5%
14.3%€52.25€27.01n/a12
Dec ’25€35.98
€27.80
-22.7%
24.3%€37.86€17.04n/a12
Nov ’25n/a
€22.94
0%
22.7%€30.34€11.95n/a12
Oct ’25€22.89
€21.50
-6.1%
21.1%€27.01€11.70n/a13
Sep ’25€22.20
€21.47
-3.3%
21.3%€27.14€11.76n/a13
Aug ’25n/a
€17.98
0%
24.3%€25.00€12.04n/a12
Jul ’25n/a
€17.98
0%
24.3%€25.00€12.04n/a12
Jun ’25n/a
€17.32
0%
24.4%€24.83€11.96n/a12
May ’25n/a
€17.63
0%
24.6%€25.17€12.12n/a12
Apr ’25n/a
€17.71
0%
23.8%€24.69€11.89n/a11
Mar ’25€26.77
€25.08
-6.3%
20.0%€32.30€13.84n/a11
Feb ’25n/a
€24.25
0%
18.1%€32.20€13.80n/a11
Jan ’25€24.93
€23.63
-5.2%
18.2%€31.70€13.58n/a11
Dec ’24€21.58
€22.90
+6.1%
22.3%€32.18€13.79€35.9811
Nov ’24n/a
€18.13
0%
17.6%€23.60€14.16n/a10
Oct ’24€15.57
€18.94
+21.6%
14.1%€23.21€13.92€22.8910
Sep ’24n/a
€18.94
0%
14.1%€23.21€13.92€22.2010
Aug ’24€17.42
€20.85
+19.7%
22.5%€30.96€14.57n/a10
Jul ’24€15.80
€21.48
+36.0%
22.2%€31.76€14.94n/a10
Jun ’24€16.25
€26.39
+62.5%
32.0%€41.82€18.59n/a10
May ’24n/a
€40.47
0%
18.7%€50.70€24.89n/a10
Apr ’24n/a
€40.47
0%
18.7%€50.70€24.89n/a10
Mar ’24n/a
€43.65
0%
17.0%€54.98€24.74€26.7711
Feb ’24€39.63
€42.78
+8.0%
17.3%€54.62€24.58n/a11
Jan ’24n/a
€47.04
0%
10.7%€56.96€40.82€24.9311
Dec ’23n/a
€45.86
0%
14.4%€57.00€33.25€21.5811

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

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 09:52
End of Day Share Price 2024/12/20 00:00
Earnings2024/11/02
Annual Earnings2024/02/03

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

Victoria's Secret & Co. is covered by 14 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
Adrienne Yih-TennantBarclays
Simeon SiegelBMO Capital Markets Equity Research
Lorraine Corrine HutchinsonBofA Global Research