Infrastrutture Wireless Italiane S.p.A.

DB:WI8 Stock Report

Market Cap: €9.0b

Infrastrutture Wireless Italiane Valuation

Is WI8 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • 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 WI8 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
€12.47
Fair Value
21.2% undervalued intrinsic discount
19
Number of Analysts

Below Fair Value: WI8 (€9.82) is trading below our estimate of fair value (€12.47)

Significantly Below Fair Value: WI8 is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for WI8?

Key metric: As WI8 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for WI8. This is calculated by dividing WI8's market cap by their current earnings.
What is WI8's PE Ratio?
PE Ratio25.2x
Earnings€356.68m
Market Cap€8.98b

Price to Earnings Ratio vs Peers

How does WI8's PE Ratio compare to its peers?

The above table shows the PE ratio for WI8 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average27.8x
O2D Telefónica Deutschland Holding
22.9x-11.4%€6.2b
DTE Deutsche Telekom
24.1x15.7%€144.3b
E4C ecotel communication ag
52.2x64.5%€48.3m
FNTN freenet
12.1x2.9%€3.3b
WI8 Infrastrutture Wireless Italiane
25.2x8.0%€9.0b

Price-To-Earnings vs Peers: WI8 is good value based on its Price-To-Earnings Ratio (25.2x) compared to the peer average (27.8x).


Price to Earnings Ratio vs Industry

How does WI8's PE Ratio compare vs other companies in the European Telecom Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
WI8 25.2xIndustry Avg. 17.7xNo. of Companies7PE01020304050+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: WI8 is expensive based on its Price-To-Earnings Ratio (25.2x) compared to the European Telecom industry average (17.7x).


Price to Earnings Ratio vs Fair Ratio

What is WI8'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.

WI8 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio25.2x
Fair PE Ratio24.3x

Price-To-Earnings vs Fair Ratio: WI8 is expensive based on its Price-To-Earnings Ratio (25.2x) compared to the estimated Fair Price-To-Earnings Ratio (24.3x).


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 WI8 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€9.82
€12.30
+25.3%
7.3%€13.50€10.50n/a19
Jan ’26€9.78
€12.36
+26.4%
7.1%€13.50€10.50n/a19
Dec ’25€9.66
€12.35
+27.9%
6.5%€13.50€10.50n/a20
Nov ’25€10.27
€12.45
+21.2%
6.8%€14.10€10.80n/a20
Oct ’25€11.07
€12.66
+14.4%
7.5%€14.10€10.80n/a20
Sep ’25€10.71
€12.66
+18.2%
7.5%€14.10€10.80n/a20
Aug ’25€10.22
€12.65
+23.8%
7.7%€14.10€10.60n/a20
Jul ’25€9.54
€12.75
+33.6%
8.3%€14.50€10.60n/a20
Jun ’25€10.09
€12.84
+27.3%
7.3%€14.50€10.90n/a20
May ’25€10.09
€12.83
+27.1%
7.2%€14.50€10.90n/a20
Apr ’25€10.52
€12.87
+22.3%
7.1%€14.50€10.90n/a20
Mar ’25€10.43
€13.20
+26.6%
9.3%€16.00€10.90n/a20
Feb ’25€11.14
€13.22
+18.7%
9.2%€16.00€11.10n/a20
Jan ’25€11.49
€13.13
+14.3%
9.3%€16.60€11.10€9.7820
Dec ’24€11.34
€13.12
+15.7%
8.8%€16.00€11.10€9.6620
Nov ’24€10.48
€13.22
+26.2%
7.9%€16.00€11.10€10.2721
Oct ’24€11.27
€13.40
+18.9%
8.7%€16.00€11.10€11.0721
Sep ’24€11.40
€13.38
+17.4%
8.7%€16.00€11.00€10.7121
Aug ’24€11.43
€13.38
+17.1%
8.7%€16.00€11.00€10.2221
Jul ’24€12.11
€13.32
+10.0%
9.1%€16.00€11.00€9.5421
Jun ’24€11.86
€13.30
+12.1%
9.3%€16.00€11.00€10.0920
May ’24€12.57
€12.95
+3.0%
8.3%€15.50€11.00€10.0919
Apr ’24€12.13
€12.66
+4.4%
10.5%€15.50€8.80€10.5221
Mar ’24€10.21
€12.06
+18.1%
8.6%€14.00€8.80€10.4322
Feb ’24€10.06
€11.89
+18.2%
9.2%€14.00€8.80€11.1422
Jan ’24€9.33
€11.81
+26.6%
9.1%€14.00€8.80€11.4922
Analyst Price Target
Consensus Narrative from 19 Analysts
€12.54
Fair Value
21.7% undervalued intrinsic discount
19
Number of Analysts

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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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/12 12:13
End of Day Share Price 2025/01/10 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

Infrastrutture Wireless Italiane S.p.A. is covered by 41 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andrea DevitaBanca Akros S.p.A. (ESN)
Fernando Cordero BarreiraBanco Santander
Maurice PatrickBarclays