Indra Sistemas, S.A.

DB:IDA Stock Report

Market Cap: €2.9b

Indra Sistemas Valuation

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

Valuation Score

6/6

Valuation Score 6/6

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

Below Fair Value: IDA (€16.4) is trading below our estimate of fair value (€31)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for IDA. This is calculated by dividing IDA's market cap by their current earnings.
What is IDA's PE Ratio?
PE Ratio11.9x
Earnings€244.05m
Market Cap€2.89b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for IDA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average17.7x
BC8 Bechtle
16.7x10.1%€4.2b
SANT Kontron
12.8x19.1%€1.1b
NA9 Nagarro
22.5x16.3%€1.2b
COK Cancom
18.6x12.8%€752.6m
IDA Indra Sistemas
11.9x11.1%€2.9b

Price-To-Earnings vs Peers: IDA is good value based on its Price-To-Earnings Ratio (11.9x) compared to the peer average (17.7x).

Price to Earnings Ratio vs Industry

How does IDA's PE Ratio compare vs other companies in the DE IT Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
IDA 11.9xIndustry Avg. 17.7xNo. of Companies4PE01224364860+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: IDA is good value based on its Price-To-Earnings Ratio (11.9x) compared to the European IT industry average (17.7x).

Price to Earnings Ratio vs Fair Ratio

What is IDA'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.

IDA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio11.9x
Fair PE Ratio25.7x

Price-To-Earnings vs Fair Ratio: IDA is good value based on its Price-To-Earnings Ratio (11.9x) compared to the estimated Fair Price-To-Earnings Ratio (25.7x).

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 IDA forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€16.40
€23.05
+40.5%
14.4%€29.00€15.00n/a15
Nov ’25€16.16
€23.08
+42.8%
14.4%€29.00€15.00n/a15
Oct ’25€16.60
€22.77
+37.2%
14.3%€29.00€15.00n/a16
Sep ’25€16.90
€22.80
+34.9%
14.3%€29.00€15.00n/a16
Aug ’25€18.33
€22.97
+25.3%
14.1%€29.00€15.00n/a16
Jul ’25€19.51
€22.45
+15.1%
13.8%€29.00€15.00n/a16
Jun ’25€20.90
€22.13
+5.9%
14.4%€29.00€15.00n/a15
May ’25€18.06
€21.28
+17.8%
12.0%€24.20€15.00n/a15
Apr ’25€19.27
€20.59
+6.8%
15.6%€24.20€14.60n/a15
Mar ’25€17.56
€18.12
+3.2%
17.5%€23.00€13.50n/a14
Feb ’25€16.36
€16.50
+0.8%
13.2%€21.30€13.50n/a14
Jan ’25€14.02
€15.43
+10.0%
17.5%€18.80€9.00n/a14
Dec ’24€14.16
€15.29
+8.0%
18.4%€18.80€9.00n/a14
Nov ’24€13.28
€15.19
+14.4%
18.7%€18.80€9.00€16.1614
Oct ’24€13.73
€14.64
+6.6%
17.2%€18.50€9.00€16.6014
Sep ’24€13.02
€14.51
+11.4%
17.5%€18.50€9.00€16.9014
Aug ’24€13.19
€14.47
+9.7%
17.6%€18.50€9.00€18.3314
Jul ’24€11.63
€14.25
+22.5%
18.3%€18.50€9.00€19.5114
Jun ’24€11.52
€14.10
+22.4%
17.1%€18.15€9.00€20.9014
May ’24€12.31
€13.83
+12.3%
19.0%€18.15€7.50€18.0615
Apr ’24€12.59
€13.48
+7.1%
17.8%€17.00€7.50€19.2715
Mar ’24€12.09
€13.20
+9.2%
18.5%€17.00€7.50€17.5615
Feb ’24€11.25
€12.50
+11.1%
15.7%€16.40€7.50€16.3616
Jan ’24€10.61
€12.46
+17.5%
15.9%€16.50€7.50€14.0216
Dec ’23€9.84
€12.23
+24.3%
16.5%€16.50€7.50€14.1616
Nov ’23€9.06
€12.15
+34.1%
19.0%€17.30€7.00€13.2815

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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