Barco NV

DB:BC1P Stock Report

Market Cap: €903.5m

Barco Valuation

Is BC1P 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-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 BC1P when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: BC1P (€10.25) is trading below our estimate of fair value (€14.6)

Significantly Below Fair Value: BC1P is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for BC1P?

Key metric: As BC1P is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for BC1P. This is calculated by dividing BC1P's market cap by their current earnings.
What is BC1P's PE Ratio?
PE Ratio16.1x
Earnings€55.95m
Market Cap€903.53m

Price to Earnings Ratio vs Peers

How does BC1P's PE Ratio compare to its peers?

The above table shows the PE ratio for BC1P vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average20.2x
JEN Jenoptik
14x12.3%€1.2b
S9I Stemmer Imaging
42.8x37.2%€349.7m
M7U Nynomic
12.1x17.5%€114.7m
FEV FORTEC Elektronik
11.8x14.2%€62.7m
BC1P Barco
16.1x20.2%€903.5m

Price-To-Earnings vs Peers: BC1P is good value based on its Price-To-Earnings Ratio (16.1x) compared to the peer average (20.2x).

Price to Earnings Ratio vs Industry

How does BC1P's PE Ratio compare vs other companies in the European Electronic Industry?

5 CompaniesPrice / EarningsEstimated GrowthMarket Cap
BC1P 16.1xIndustry Avg. 17.3xNo. of Companies15PE01224364860+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: BC1P is good value based on its Price-To-Earnings Ratio (16.1x) compared to the European Electronic industry average (17.7x).

Price to Earnings Ratio vs Fair Ratio

What is BC1P'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.

BC1P PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio16.1x
Fair PE Ratio13.7x

Price-To-Earnings vs Fair Ratio: BC1P is expensive based on its Price-To-Earnings Ratio (16.1x) compared to the estimated Fair Price-To-Earnings Ratio (13.7x).

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 BC1P forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€10.25
€13.24
+29.2%
7.7%€14.20€12.00n/a5
Nov ’25€11.31
€13.24
+17.1%
7.7%€14.20€12.00n/a5
Oct ’25€11.89
€14.76
+24.1%
10.6%€16.00€12.00n/a5
Sep ’25€12.15
€15.20
+25.1%
13.4%€18.00€12.00n/a5
Aug ’25€11.97
€16.00
+33.7%
17.7%€20.00€12.00n/a5
Jul ’25€10.44
€16.40
+57.1%
15.7%€20.00€13.00n/a5
Jun ’25€12.67
€17.60
+38.9%
14.6%€20.00€13.00n/a5
May ’25€12.86
€17.60
+36.9%
14.6%€20.00€13.00n/a5
Apr ’25€15.08
€19.60
+30.0%
5.2%€21.00€18.00n/a5
Mar ’25€16.37
€19.60
+19.7%
5.2%€21.00€18.00n/a5
Feb ’25€15.21
€21.72
+42.8%
14.8%€28.00€19.00n/a5
Jan ’25€16.49
€23.54
+42.8%
14.7%€28.00€19.00n/a5
Dec ’24€15.38
€23.54
+53.1%
14.7%€28.00€19.00n/a5
Nov ’24€14.45
€23.70
+64.0%
15.1%€28.00€19.00€11.315
Oct ’24€18.56
€30.40
+63.8%
8.2%€35.00€28.00€11.895
Sep ’24€19.77
€30.60
+54.8%
7.7%€35.00€28.00€12.155
Aug ’24€21.12
€31.00
+46.8%
7.7%€35.00€28.00€11.975
Jul ’24€22.86
€33.33
+45.8%
3.7%€35.00€32.00€10.443
Jun ’24€24.32
€33.33
+37.1%
3.7%€35.00€32.00€12.673
May ’24€26.54
€33.33
+25.6%
3.7%€35.00€32.00€12.863
Feb ’24€23.22
€29.50
+27.0%
1.7%€30.00€29.00€15.212
Jan ’24€23.26
€29.50
+26.8%
1.7%€30.00€29.00€16.492
Dec ’23€21.86
€29.50
+34.9%
1.7%€30.00€29.00€15.382
Nov ’23€21.98
€27.93
+27.1%
8.1%€30.00€24.80€14.453

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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