A.P. Møller - Mærsk Valuation

Is DP4A 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 DP4A when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: DP4A (€1531) is trading above our estimate of fair value (€1101.66)

Significantly Below Fair Value: DP4A is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for DP4A?

Key metric: As DP4A is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for DP4A. This is calculated by dividing DP4A's market cap by their current earnings.
What is DP4A's PE Ratio?
PE Ratio	7.4x
Earnings	US$3.59b
Market Cap	US$25.76b

DP4A key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	0.4x
Enterprise Value/EBITDA	3.5x
PEG Ratio	-0.1x

Price to Earnings Ratio vs Peers

How does DP4A's PE Ratio compare to its peers?

The above table shows the PE ratio for DP4A vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	9.3x
HLAG Hapag-Lloyd	19.3x	-8.9%	€28.2b
PM1 Wilson	3.1x	n/a	€258.8m
DHL Deutsche Post	12.6x	9.0%	€40.7b
NEP SLOMAN NEPTUN Schiffahrts-Aktiengesellschaft	2.3x	n/a	€111.9m
DP4A A.P. Møller - Mærsk	7.4x	-71.4%	€184.5b

Price-To-Earnings vs Peers: DP4A is good value based on its Price-To-Earnings Ratio (7.4x) compared to the peer average (9.3x).

Price to Earnings Ratio vs Industry

How does DP4A's PE Ratio compare vs other companies in the European Shipping Industry?

2 Companies	Price / Earnings	Estimated Growth	Market Cap

2 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: DP4A is good value based on its Price-To-Earnings Ratio (7.4x) compared to the European Shipping industry average (7.7x).

Price to Earnings Ratio vs Fair Ratio

What is DP4A'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.

DP4A PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	7.4x
Fair PE Ratio	3.7x

Price-To-Earnings vs Fair Ratio: DP4A is expensive based on its Price-To-Earnings Ratio (7.4x) compared to the estimated Fair Price-To-Earnings Ratio (3.7x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.