Disco Corporation

DB:D65 Stock Report

Market Cap: €33.6b

Disco Valuation

Is D65 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • 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 Future Cash Flow Value

What is the Fair Price of D65 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

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Below Fair Value: D65 (€340) is trading above our estimate of fair value (€109.61)

Significantly Below Fair Value: D65 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for D65?

Key metric: As D65 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for D65. This is calculated by dividing D65's market cap by their current earnings.
What is D65's PE Ratio?
PE Ratio49.3x
EarningsJP¥126.36b
Market CapJP¥6.23t

Price to Earnings Ratio vs Peers

How does D65's PE Ratio compare to its peers?

The above table shows the PE ratio for D65 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average32.3x
AIXA AIXTRON
23.8x11.23%€2.3b
SMHN SUSS MicroTec
15.4x5.27%€873.6m
TPE PVA TePla
35.4x25.30%€555.7m
IFX Infineon Technologies
54.7x26.26%€55.4b
D65 Disco
49.3x11.56%€6.2t

Price-To-Earnings vs Peers: D65 is expensive based on its Price-To-Earnings Ratio (49.3x) compared to the peer average (33.1x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does D65's PE Ratio compare vs other companies in the European Semiconductor Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
D65 49.3xIndustry Avg. 40.3xNo. of Companies4PE020406080100+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: D65 is expensive based on its Price-To-Earnings Ratio (49.3x) compared to the European Semiconductor industry average (40.4x).

Price to Earnings Ratio vs Fair Ratio

What is D65'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.

D65 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio49.3x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate D65'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 D65 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€340.00
€284.15
-16.43%
17.89%€396.72€178.12n/a20
Jan ’27€252.00
€282.23
+12.00%
17.21%€398.86€179.08n/a20
Dec ’26€226.00
€283.84
+25.59%
17.80%€400.68€182.13n/a20
Nov ’26€280.00
€277.32
-0.96%
18.06%€405.87€185.76n/a20
Oct ’26n/a
€274.14
0%
15.52%€407.27€191.18n/a20
Sep ’26n/a
€265.54
0%
16.88%€408.93€191.96n/a20
Aug ’26n/a
€264.80
0%
17.65%€411.77€193.29n/a20
Jul ’26n/a
€249.21
0%
21.13%€409.44€162.24n/a17
Jun ’26n/a
€258.76
0%
23.81%€417.48€167.85n/a17
May ’26n/a
€285.35
0%
25.18%€418.79€168.37n/a17
Apr ’26n/a
€313.05
0%
15.23%€406.81€230.53n/a17
Mar ’26n/a
€333.88
0%
14.44%€423.82€237.60n/a17
Feb ’26n/a
€321.98
0%
14.54%€411.18€230.51n/a17
Jan ’26n/a
€300.29
0%
17.33%€404.54€226.79€252.0017
Dec ’25n/a
€298.95
0%
18.95%€407.52€228.46€226.0016
Nov ’25n/a
€288.87
0%
18.68%€398.15€223.21€280.0016
Oct ’25n/a
€335.46
0%
15.60%€445.28€228.83n/a14
Sep ’25n/a
€359.67
0%
17.89%€482.75€229.00n/a15
Aug ’25n/a
€386.02
0%
15.63%€480.88€228.11n/a15
Jul ’25n/a
€348.17
0%
16.82%€454.19€215.45n/a16
Jun ’25n/a
€327.74
0%
16.55%€441.55€217.83n/a16
May ’25n/a
€317.08
0%
14.40%€389.33€221.62n/a16
Apr ’25n/a
€307.30
0%
11.48%€371.63€224.68n/a16
Mar ’25n/a
€289.12
0%
14.51%€350.31€184.37n/a16
Feb ’25n/a
€253.53
0%
17.04%€314.36€160.32n/a16
Jan ’25n/a
€218.56
0%
12.85%€254.00€161.93n/a16
€311.66
Fair Value
9.1% overvalued intrinsic discount
20
Number of Analysts

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 Analysis2026/01/13 21:29
End of Day Share Price 2026/01/13 00:00
Earnings2025/09/30
Annual Earnings2025/03/31

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.

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 Github.

Analyst Sources

Disco Corporation is covered by 33 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Steven LiuAletheia Analyst Network Limited
Warren LauAletheia Analyst Network Limited
Hao DaiBernstein