Penguin Solutions, Inc.

DB:850 Stock Report

Market Cap: €1.0b

Penguin Solutions Valuation

Is 850 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-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 850 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
€81.59
Fair Value
75.9% undervalued intrinsic discount
7
Number of Analysts

Below Fair Value: 850 (€19.7) is trading below our estimate of fair value (€81.59)

Significantly Below Fair Value: 850 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 850?

Key metric: As 850 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 850. This is calculated by dividing 850's market cap by their current revenue.
What is 850's PS Ratio?
PS Ratio0.9x
SalesUS$1.24b
Market CapUS$1.09b

Price to Sales Ratio vs Peers

How does 850's PS Ratio compare to its peers?

The above table shows the PS ratio for 850 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average2.8x
SIS First Sensor
4.9xn/a€601.8m
ELG Elmos Semiconductor
2.2x6.0%€1.3b
WAF Siltronic
1x7.6%€1.3b
IFX Infineon Technologies
3x6.8%€44.3b
850 Penguin Solutions
0.9x11.8%€1.1b

Price-To-Sales vs Peers: 850 is good value based on its Price-To-Sales Ratio (0.9x) compared to the peer average (2.8x).

Price to Sales Ratio vs Industry

How does 850's PS Ratio compare vs other companies in the DE Semiconductor Industry?

3 CompaniesPrice / SalesEstimated GrowthMarket Cap
M5Z Manz
0.06x1.9%US$3.39m
M5Z Manz
0.01x-40.3%US$2.98m
D0Q Sondrel (Holdings)
0.2xn/aUS$2.02m
No more companies available in this PS range
850 0.9xIndustry Avg. 1.9xNo. of Companies3PS012345+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 850 is good value based on its Price-To-Sales Ratio (0.9x) compared to the European Semiconductor industry average (2x).

Price to Sales Ratio vs Fair Ratio

What is 850'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.

850 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.9x
Fair PS Ratio0.7x

Price-To-Sales vs Fair Ratio: 850 is expensive based on its Price-To-Sales Ratio (0.9x) compared to the estimated Fair Price-To-Sales Ratio (0.7x).

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 850 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€19.70
€25.86
+31.3%
7.2%€29.19€22.38n/a7
Jan ’26€18.30
€23.52
+28.5%
7.6%€25.74€20.98n/a6
Dec ’25€16.90
€22.82
+35.0%
9.7%€25.49€19.83n/a6
Nov ’25€14.60
€22.52
+54.2%
10.2%€24.92€19.38n/a5
Oct ’25€18.70
€29.49
+57.7%
10.1%€32.00€24.69n/a4
Sep ’25€18.40
€29.49
+60.3%
10.1%€32.00€24.69n/a4
Aug ’25€21.00
€29.49
+40.4%
10.1%€32.00€24.69n/a4
Jul ’25€20.60
€25.75
+25.0%
14.0%€32.54€22.31n/a5
Jun ’25€18.60
€25.75
+38.5%
14.0%€32.54€22.31n/a5
May ’25€17.20
€26.02
+51.3%
14.0%€32.88€22.55n/a5
Apr ’25€24.40
€24.17
-1.0%
14.6%€31.92€21.89n/a6
Mar ’25€19.60
€24.17
+23.3%
14.6%€31.92€21.89n/a6
Feb ’25€18.10
€24.17
+33.5%
14.6%€31.92€21.89n/a6
Jan ’25€17.30
€24.88
+43.8%
15.8%€33.29€20.92€18.306
Dec ’24€15.10
€24.88
+64.8%
15.8%€33.29€20.92€16.906
Nov ’24€12.80
€24.88
+94.4%
15.8%€33.29€20.92€14.606
Oct ’24€23.00
€31.38
+36.4%
7.3%€35.01€28.39€18.706
Sep ’24€23.60
€29.90
+26.7%
7.3%€33.35€27.04€18.406
Aug ’24€24.00
€29.90
+24.6%
7.3%€33.35€27.04€21.006
Jul ’24€26.40
€30.39
+15.1%
7.3%€33.91€27.49€20.606
Jun ’24€21.00
€22.78
+8.5%
26.4%€34.85€17.43€18.606
May ’24€13.70
€22.78
+66.3%
26.4%€34.85€17.43€17.206
Apr ’24€15.00
€23.42
+56.1%
22.9%€32.27€17.52€24.405
Mar ’24€15.80
€23.10
+46.2%
23.2%€33.00€17.91€19.606
Feb ’24€15.50
€23.10
+49.0%
23.2%€33.00€17.91€18.106
Jan ’24€13.90
€24.08
+73.3%
32.2%€38.13€15.05€17.306
Analyst Price Target
Consensus Narrative from 7 Analysts
€25.52
Fair Value
22.8% undervalued intrinsic discount
7
Number of Analysts

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 Analysis2025/01/20 12:10
End of Day Share Price 2025/01/20 00:00
Earnings2024/11/29
Annual Earnings2024/08/30

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

Penguin Solutions, Inc. is covered by 11 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Thomas O'MalleyBarclays
Shek HoDeutsche Bank
Michael NgGoldman Sachs