Venture Corporation Limited

DB:VEM Stock Report

Market Cap: €2.9b

Venture Valuation

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

Valuation Score

3/6

Valuation Score 3/6

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

Below Fair Value: VEM (€9.85) is trading below our estimate of fair value (€11.37)

Significantly Below Fair Value: VEM 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 VEM?

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

The above table shows the Price to Earnings ratio for VEM. This is calculated by dividing VEM's market cap by their current earnings.
What is VEM's PE Ratio?
PE Ratio18.5x
EarningsS$234.36m
Market CapS$4.34b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for VEM vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average85.7x
JEN Jenoptik
16.1x20.22%€1.1b
BSL Basler
107.1x51.96%€429.9m
S9I Stemmer Imaging
93.1x57.84%€395.2m
IPGP IPG Photonics
126.7x38.44%US$3.2b
VEM Venture
18.5x4.97%€4.3b

Price-To-Earnings vs Peers: VEM is good value based on its Price-To-Earnings Ratio (18.5x) compared to the peer average (86.1x).

Price to Earnings Ratio vs Industry

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

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
VEM 18.5xIndustry Avg. 24.1xNo. of Companies14PE01632486480+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: VEM is good value based on its Price-To-Earnings Ratio (18.5x) compared to the European Electronic industry average (24.1x).

Price to Earnings Ratio vs Fair Ratio

What is VEM'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.

VEM PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio18.5x
Fair PE Ratio12x

Price-To-Earnings vs Fair Ratio: VEM is expensive based on its Price-To-Earnings Ratio (18.5x) compared to the estimated Fair Price-To-Earnings Ratio (12x).

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 VEM forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€9.85
€9.50
-3.59%
14.74%€11.55€6.67n/a10
Dec ’26€9.85
€9.53
-3.30%
14.74%€11.58€6.69n/a10
Nov ’26€9.80
€8.52
-13.08%
11.02%€9.91€6.66n/a10
Oct ’26€9.20
€8.59
-6.60%
11.02%€10.00€6.71n/a10
Sep ’26€8.75
€8.50
-2.85%
11.40%€9.97€6.69n/a10
Aug ’26€8.60
€8.04
-6.55%
10.35%€10.13€7.02n/a10
Jul ’26€7.70
€7.96
+3.33%
12.22%€10.04€6.96n/a11
Jun ’26€7.55
€8.35
+10.64%
13.13%€10.34€7.17n/a12
May ’26€7.75
€8.45
+9.03%
15.13%€10.08€6.31n/a12
Apr ’26€8.40
€9.38
+11.62%
10.18%€10.39€7.54n/a12
Mar ’26€9.00
€9.63
+6.98%
10.18%€10.67€7.74n/a12
Feb ’26€8.95
€10.05
+12.26%
10.86%€11.66€7.80n/a12
Jan ’26€9.25
€9.99
+7.99%
10.59%€11.65€7.78n/a13
Dec ’25€8.95
€9.97
+11.35%
10.94%€11.58€7.74€9.8513
Nov ’25€9.15
€10.26
+12.18%
9.62%€11.41€8.78€9.8013
Oct ’25€9.70
€10.26
+5.82%
9.62%€11.41€8.78€9.2013
Sep ’25€9.60
€10.26
+6.92%
9.62%€11.41€8.78€8.7513
Aug ’25€10.70
€10.35
-3.24%
10.90%€12.35€8.72€8.6013
Jul ’25€9.70
€10.18
+4.93%
10.77%€12.29€8.67€7.7013
Jun ’25€9.55
€10.18
+6.58%
10.77%€12.29€8.67€7.5513
May ’25€9.85
€10.26
+4.13%
11.58%€12.35€8.58€7.7512
Apr ’25€9.75
€10.26
+5.19%
11.58%€12.35€8.58€8.4012
Mar ’25€9.65
€10.26
+6.28%
11.58%€12.35€8.58€9.0012
Feb ’25€9.40
€10.37
+10.31%
13.29%€13.77€8.61€8.9512
Jan ’25€9.30
€10.18
+9.50%
13.83%€13.69€8.56€9.2512
Dec ’24€8.90
€10.18
+14.42%
13.83%€13.69€8.56€8.9512
€9.36
Fair Value
5.2% overvalued intrinsic discount
10
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 Analysis2025/12/15 20:52
End of Day Share Price 2025/12/12 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

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.

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

Venture Corporation Limited is covered by 14 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Boon Chong TngCGS International
Thomas MurphyCGS International
Arthur PinedaCitigroup Inc