Smiths News plc

DB:T6N Stock Report

Market Cap: €177.3m

Smiths News Valuation

Is T6N undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • 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 T6N when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: T6N (€0.69) is trading below our estimate of fair value (€2.59)

Significantly Below Fair Value: T6N is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for T6N?

Key metric: As T6N is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for T6N. This is calculated by dividing T6N's market cap by their current earnings.
What is T6N's PE Ratio?
PE Ratio5.8x
EarningsUK£25.50m
Market CapUK£147.37m

Price to Earnings Ratio vs Peers

How does T6N's PE Ratio compare to its peers?

The above table shows the PE ratio for T6N vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average48.6x
MDN Medion
32.2xn/a€647.9m
ECK LUDWIG BECK am Rathauseck - Textilhaus Feldmeier
120.4xn/a€63.9m
4051 Baazeem Trading
31.7xn/aر.س707.9m
BMMI BMMI B.S.C
10.1xn/aب.د64.1m
T6N Smiths News
5.8x-2.7%€147.4m

Price-To-Earnings vs Peers: T6N is good value based on its Price-To-Earnings Ratio (5.8x) compared to the peer average (48.6x).

Price to Earnings Ratio vs Industry

How does T6N's PE Ratio compare vs other companies in the European Retail Distributors Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
T6N 5.8xIndustry Avg. 13.7xNo. of Companies4PE01020304050+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: T6N is good value based on its Price-To-Earnings Ratio (5.8x) compared to the European Retail Distributors industry average (13.7x).

Price to Earnings Ratio vs Fair Ratio

What is T6N'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.

T6N PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio5.8x
Fair PE Ratio7.6x

Price-To-Earnings vs Fair Ratio: T6N is good value based on its Price-To-Earnings Ratio (5.8x) compared to the estimated Fair Price-To-Earnings Ratio (7.6x).

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 T6N forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€0.69
€0.98
+43.6%
15.2%€1.13€0.83n/a2
Nov ’25€0.64
€0.99
+56.1%
15.2%€1.14€0.84n/a2
Oct ’25€0.66
€0.98
+48.4%
15.2%€1.13€0.83n/a2
Sep ’25€0.64
€0.94
+48.0%
18.7%€1.12€0.76n/a2
Aug ’25€0.67
€0.94
+41.3%
18.7%€1.12€0.76n/a2
Jul ’25€0.66
€0.94
+42.4%
18.7%€1.12€0.76n/a2
Jun ’25€0.70
€0.98
+39.3%
15.7%€1.11€0.76n/a3
May ’25€0.56
€0.85
+49.9%
17.2%€0.99€0.70n/a2
Apr ’25€0.52
€0.85
+62.8%
17.2%€0.99€0.70n/a2
Mar ’25€0.52
€0.85
+62.8%
17.2%€0.99€0.70n/a2
Dec ’24€0.51
€0.86
+68.2%
19.5%€1.02€0.69n/a2
Nov ’24€0.50
€0.86
+72.9%
19.5%€1.02€0.69€0.642
Oct ’24€0.44
€0.86
+94.9%
19.5%€1.02€0.69€0.662
Sep ’24€0.45
€0.86
+88.9%
19.5%€1.02€0.69€0.642
Aug ’24€0.47
€0.86
+82.5%
19.5%€1.02€0.69€0.672
Jul ’24€0.51
€0.86
+69.8%
19.5%€1.02€0.69€0.662
Jun ’24€0.58
€0.86
+47.9%
19.5%€1.02€0.69€0.702
Jan ’24€0.51
€0.61
+19.0%
2.0%€0.62€0.59€0.562
Dec ’23€0.47
€0.61
+30.2%
2.0%€0.62€0.59€0.512
Nov ’23€0.40
€0.61
+50.2%
2.0%€0.62€0.59€0.502

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

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