Stemmer Imaging Valuation

Is S9I 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 S9I when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: S9I (€54) is trading below our estimate of fair value (€62.6)

Significantly Below Fair Value: S9I is trading below fair value, but not by a significant amount.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for S9I?

Key metric: As S9I is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for S9I. This is calculated by dividing S9I's market cap by their current earnings.
What is S9I's PE Ratio?
PE Ratio43x
Earnings€8.17m
Market Cap€351.00m

Price to Earnings Ratio vs Peers

How does S9I's PE Ratio compare to its peers?

The above table shows the PE ratio for S9I vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average16.2x
M7U Nynomic
12.7x17.5%€120.0m
JEN Jenoptik
15.4x12.3%€1.3b
FEV FORTEC Elektronik
23.8x35.8%€62.4m
DAM DATA MODUL Produktion und Vertrieb von elektronischen Systemen
12.8x15.3%€97.3m
S9I Stemmer Imaging
43x37.2%€351.0m

Price-To-Earnings vs Peers: S9I is expensive based on its Price-To-Earnings Ratio (43x) compared to the peer average (16.2x).


Price to Earnings Ratio vs Industry

How does S9I's PE Ratio compare vs other companies in the European Electronic Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
S9I 43.0xIndustry Avg. 19.0xNo. of Companies14PE01224364860+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: S9I is expensive based on its Price-To-Earnings Ratio (43x) compared to the European Electronic industry average (19x).


Price to Earnings Ratio vs Fair Ratio

What is S9I'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.

S9I PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio43x
Fair PE Ratio19.6x

Price-To-Earnings vs Fair Ratio: S9I is expensive based on its Price-To-Earnings Ratio (43x) compared to the estimated Fair Price-To-Earnings Ratio (19.6x).


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 S9I forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€54.00
€45.75
-15.3%
12.6%€51.00€36.00n/a4
Dec ’25€53.60
€45.75
-14.6%
12.6%€51.00€36.00n/a4
Nov ’25€50.00
€45.75
-8.5%
12.6%€51.00€36.00n/a4
Oct ’25€48.70
€45.75
-6.1%
12.6%€51.00€36.00n/a4
Sep ’25€48.20
€45.75
-5.1%
12.6%€51.00€36.00n/a4
Aug ’25€48.10
€45.75
-4.9%
12.6%€51.00€36.00n/a4
Jul ’25€34.70
€46.63
+34.4%
19.8%€59.50€36.00n/a4
Jun ’25€32.00
€45.88
+43.4%
22.1%€59.50€33.00n/a4
May ’25€34.50
€45.88
+33.0%
22.1%€59.50€33.00n/a4
Apr ’25€33.10
€44.17
+33.4%
25.4%€59.50€33.00n/a3
Mar ’25€29.20
€44.83
+53.5%
23.6%€59.50€35.00n/a3
Feb ’25€31.10
€45.50
+46.3%
22.6%€59.50€35.00n/a3
Jan ’25€33.20
€49.13
+48.0%
22.2%€60.00€35.00n/a4
Dec ’24€29.80
€49.13
+64.8%
22.2%€60.00€35.00€53.604
Nov ’24€26.80
€53.88
+101.0%
13.5%€60.00€42.00€50.004
Oct ’24€27.80
€55.38
+99.2%
12.2%€62.50€45.00€48.704
Sep ’24€31.60
€56.63
+79.2%
13.9%€65.00€45.00€48.204
Aug ’24€36.50
€59.25
+62.3%
9.7%€65.00€53.00€48.104
Jul ’24€38.90
€59.25
+52.3%
9.7%€65.00€53.00€34.704
Jun ’24€40.90
€59.25
+44.9%
9.7%€65.00€53.00€32.004
May ’24€44.50
€55.23
+24.1%
7.7%€62.40€51.50€34.504
Apr ’24€42.00
€54.48
+29.7%
8.8%€62.40€50.00€33.104
Mar ’24€40.20
€54.10
+34.6%
9.4%€62.40€50.00€29.204
Feb ’24€37.10
€48.60
+31.0%
19.0%€62.40€37.00€31.104
Jan ’24€32.00
€47.50
+48.4%
16.1%€58.00€37.00€33.204
Dec ’23€32.00
€47.50
+48.4%
16.1%€58.00€37.00€29.804

Analyst Forecast: Target price is lower than the current share price.


Discover undervalued companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 19:13
End of Day Share Price 2024/12/18 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 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

Stemmer Imaging AG is covered by 5 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Lasse StuebenBerenberg
Thomas SchießleEQUI.TS GmbH
Christian GlowaHauck Aufhäuser Investment Banking