Pan Pacific International Holdings Corporation

DB:QJE Stock Report

Market Cap: €13.4b

Pan Pacific International Holdings Valuation

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

Below Fair Value: QJE (€21.6) is trading above our estimate of fair value (€11.89)

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


Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

QJE key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.3x
Enterprise Value/EBITDA15.1x
PEG Ratio3.4x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for QJE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average78.2x
ZAL Zalando
73.4x28.1%€6.1b
ECK LUDWIG BECK am Rathauseck - Textilhaus Feldmeier
195.5xn/a€84.2m
FIE Fielmann Group
30.5x14.2%€3.9b
NXT NEXT
13.5x1.6%UK£10.8b
QJE Pan Pacific International Holdings
28.4x8.3%€2.2t

Price-To-Earnings vs Peers: QJE is good value based on its Price-To-Earnings Ratio (28.4x) compared to the peer average (78.2x).


Price to Earnings Ratio vs Industry

How does QJE's PE Ratio compare vs other companies in the Global Multiline Retail Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a-5.7%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a-5.7%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: QJE is expensive based on its Price-To-Earnings Ratio (28.4x) compared to the Global Multiline Retail industry average (21.4x).


Price to Earnings Ratio vs Fair Ratio

What is QJE'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.

QJE PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio28.4x
Fair PE Ratio22.6x

Price-To-Earnings vs Fair Ratio: QJE is expensive based on its Price-To-Earnings Ratio (28.4x) compared to the estimated Fair Price-To-Earnings Ratio (22.6x).


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 QJE forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€21.60
€23.93
+10.8%
12.4%€28.17€17.28n/a16
Apr ’25€23.80
€23.15
-2.7%
10.9%€28.08€17.34n/a16
Mar ’25€20.80
€22.49
+8.1%
9.1%€25.30€17.53n/a15
Feb ’25€19.50
€21.46
+10.1%
14.2%€25.39€12.16n/a14
Jan ’25€20.80
€21.86
+5.1%
14.0%€26.12€12.51n/a14
Dec ’24€19.90
€20.61
+3.6%
12.9%€22.89€12.00n/a14
Nov ’24€18.00
€20.61
+14.5%
8.2%€22.75€17.06n/a13
Oct ’24€19.30
€20.65
+7.0%
8.5%€22.84€17.13n/a12
Sep ’24€18.10
€19.98
+10.4%
7.9%€22.71€17.04n/a13
Aug ’24€17.60
€19.07
+8.3%
8.6%€21.82€16.05n/a12
Jul ’24€15.90
€18.76
+18.0%
7.9%€21.60€15.88n/a12
Jun ’24€15.80
€19.49
+23.4%
9.6%€22.41€15.96n/a12
May ’24€16.60
€19.46
+17.2%
9.8%€22.43€15.97€21.6012
Apr ’24€17.20
€20.11
+16.9%
9.9%€23.42€16.68€23.8012
Mar ’24€16.50
€19.45
+17.9%
9.1%€22.30€16.38€20.8011
Feb ’24€16.50
€19.37
+17.4%
8.5%€22.26€16.61€19.5011
Jan ’24€16.90
€19.14
+13.3%
8.2%€21.64€16.15€20.8010
Dec ’23€16.30
€19.14
+17.4%
8.2%€21.64€16.15€19.9010
Nov ’23€16.20
€19.24
+18.8%
7.9%€21.42€16.32€18.009
Oct ’23€17.50
€19.47
+11.3%
8.2%€21.95€17.27€19.309
Sep ’23€17.50
€19.01
+8.6%
11.8%€22.00€15.15€18.1010
Aug ’23€15.20
€16.77
+10.3%
9.6%€19.49€14.89€17.6010
Jul ’23€14.90
€16.77
+12.5%
9.6%€19.49€14.89€15.9010
Jun ’23€14.20
€16.99
+19.7%
9.0%€19.64€15.27€15.8011
May ’23€14.20
€16.58
+16.7%
14.0%€20.18€11.53€16.6011

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


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