Advanced Energy Industries, Inc.

DB:AVX Stock Report

Market Cap: €4.0b

Advanced Energy Industries Valuation

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

Valuation Score

2/6

Valuation Score 2/6

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

Below Fair Value: AVX (€105) is trading below our estimate of fair value (€215.8)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for AVX. This is calculated by dividing AVX's market cap by their current earnings.
What is AVX's PE Ratio?
PE Ratio93.9x
EarningsUS$45.14m
Market CapUS$4.17b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for AVX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average16.7x
JEN Jenoptik
14.1x12.3%€1.2b
S9I Stemmer Imaging
29x23.1%€349.7m
M7U Nynomic
12.2x17.5%€117.4m
FEV FORTEC Elektronik
11.5x14.2%€60.8m
AVX Advanced Energy Industries
93.9x71.7%€4.2b

Price-To-Earnings vs Peers: AVX is expensive based on its Price-To-Earnings Ratio (93.9x) compared to the peer average (16.7x).

Price to Earnings Ratio vs Industry

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

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
AVX 93.9xIndustry Avg. 17.6xNo. of Companies17PE01224364860+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: AVX is expensive based on its Price-To-Earnings Ratio (93.9x) compared to the European Electronic industry average (17.6x).

Price to Earnings Ratio vs Fair Ratio

What is AVX'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.

AVX PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio93.9x
Fair PE Ratio43.4x

Price-To-Earnings vs Fair Ratio: AVX is expensive based on its Price-To-Earnings Ratio (93.9x) compared to the estimated Fair Price-To-Earnings Ratio (43.4x).

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 AVX forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€105.00
€110.38
+5.1%
11.1%€123.34€87.29n/a9
Nov ’25€99.00
€106.45
+7.5%
11.4%€119.52€84.58n/a9
Oct ’25€94.00
€104.61
+11.3%
9.9%€120.93€92.27n/a9
Sep ’25€96.50
€105.65
+9.5%
9.8%€122.55€93.50n/a8
Aug ’25€107.00
€106.07
-0.9%
7.8%€120.06€95.12n/a7
Jul ’25€101.00
€102.04
+1.0%
12.1%€121.07€83.82n/a7
Jun ’25€98.50
€99.36
+0.9%
11.9%€120.72€83.57n/a7
May ’25€91.00
€99.90
+9.8%
10.7%€120.73€88.23n/a7
Apr ’25€94.00
€99.86
+6.2%
10.7%€120.68€88.19n/a7
Mar ’25€93.50
€99.86
+6.8%
10.7%€120.68€88.19n/a7
Feb ’25€96.50
€101.00
+4.7%
9.8%€119.05€87.00n/a7
Jan ’25€100.00
€98.86
-1.1%
10.4%€117.75€86.05n/a7
Dec ’24€87.00
€99.23
+14.1%
9.7%€119.44€87.29n/a8
Nov ’24€78.50
€108.19
+37.8%
12.6%€126.80€89.90€99.006
Oct ’24€96.50
€116.34
+20.6%
7.0%€124.16€101.17€94.006
Sep ’24€108.00
€116.34
+7.7%
7.0%€124.16€101.17€96.506
Aug ’24€113.00
€99.91
-11.6%
9.8%€115.62€87.16€107.006
Jul ’24€101.00
€99.48
-1.5%
8.4%€114.09€89.44€101.006
Jun ’24€91.50
€96.76
+5.7%
5.4%€103.50€88.97€98.507
May ’24€77.00
€97.62
+26.8%
4.4%€103.46€90.75€91.007
Apr ’24€88.46
€100.25
+13.3%
4.3%€106.68€93.58€94.008
Mar ’24€87.56
€100.25
+14.5%
4.3%€106.68€93.58€93.508
Feb ’24€84.94
€88.35
+4.0%
7.5%€96.63€80.99€96.508
Jan ’24€79.98
€86.53
+8.2%
11.3%€98.99€64.11€100.009
Dec ’23€88.40
€91.11
+3.1%
12.0%€105.39€68.25€87.009
Nov ’23€79.42
€93.68
+18.0%
16.4%€111.34€63.77€78.509

Analyst Forecast: Target price is less than 20% higher than the current share price.

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