RXO, Inc.

DB:N9Q Stock Report

Market Cap: €3.9b

RXO Valuation

Is N9Q 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-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of N9Q when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
€54.15
Fair Value
56.0% undervalued intrinsic discount
16
Number of Analysts

Below Fair Value: N9Q (€23.8) is trading below our estimate of fair value (€54.15)

Significantly Below Fair Value: N9Q is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for N9Q?

Key metric: As N9Q is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for N9Q. This is calculated by dividing N9Q's market cap by their current revenue.
What is N9Q's PS Ratio?
PS Ratio1x
SalesUS$3.86b
Market CapUS$4.05b

Price to Sales Ratio vs Peers

How does N9Q's PS Ratio compare to its peers?

The above table shows the PS ratio for N9Q vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average0.8x
3WB Waberer's International Nyrt
0.2x9.8%€163.3m
SIX2 Sixt
0.9x6.5%€3.4b
FRA Fraport
1.2x2.3%€5.3b
HHFA Hamburger Hafen und Logistik
0.8x5.2%€1.3b
N9Q RXO
1x18.0%€4.1b

Price-To-Sales vs Peers: N9Q is expensive based on its Price-To-Sales Ratio (1x) compared to the peer average (0.8x).

Price to Sales Ratio vs Industry

How does N9Q's PS Ratio compare vs other companies in the European Transportation Industry?

0 CompaniesPrice / SalesEstimated GrowthMarket Cap
N9Q 1.0xIndustry Avg. 0.7xNo. of Companies6PS00.40.81.21.62+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: N9Q is expensive based on its Price-To-Sales Ratio (1x) compared to the European Transportation industry average (0.7x).

Price to Sales Ratio vs Fair Ratio

What is N9Q's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

N9Q PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1x
Fair PS Ratio0.9x

Price-To-Sales vs Fair Ratio: N9Q is expensive based on its Price-To-Sales Ratio (1x) compared to the estimated Fair Price-To-Sales Ratio (0.9x).

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 N9Q forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€23.80
€26.45
+11.1%
13.1%€32.03€19.41n/a16
Jan ’26€22.80
€26.24
+15.1%
18.6%€31.63€11.50n/a16
Dec ’25€27.60
€25.85
-6.3%
18.8%€31.16€11.33n/a16
Nov ’25€25.80
€25.79
-0.03%
15.6%€30.48€14.78n/a14
Oct ’25€24.60
€24.60
+0.001%
16.7%€28.91€14.45n/a13
Sep ’25€25.20
€25.02
-0.7%
14.0%€29.16€18.22n/a13
Aug ’25€28.60
€21.98
-23.2%
20.5%€29.40€12.86n/a13
Jul ’25€23.60
€19.74
-16.4%
20.2%€27.99€13.06n/a13
Jun ’25€18.00
€18.45
+2.5%
16.4%€23.15€12.04n/a14
May ’25€17.70
€18.75
+5.9%
14.5%€23.36€14.01n/a14
Apr ’25€19.50
€18.56
-4.8%
14.3%€23.07€14.76n/a13
Mar ’25€19.50
€18.91
-3.0%
14.8%€23.35€14.01n/a14
Feb ’25€18.90
€19.04
+0.8%
13.8%€23.00€14.72n/a15
Jan ’25€21.00
€17.91
-14.7%
16.8%€22.72€11.82€22.8015
Dec ’24€18.90
€18.02
-4.6%
16.8%€23.35€12.14€27.6015
Nov ’24€16.30
€18.97
+16.4%
18.1%€25.53€12.29€25.8015
Oct ’24€18.60
€18.89
+1.6%
17.7%€24.89€12.90€24.6015
Sep ’24€16.40
€18.89
+15.2%
17.7%€24.89€12.90€25.2015
Aug ’24€19.70
€19.81
+0.6%
13.1%€24.24€16.16€28.6015
Jul ’24€21.00
€20.42
-2.7%
11.0%€24.74€17.41€23.6014
Jun ’24€19.20
€21.09
+9.8%
10.5%€25.26€17.78€18.0013
May ’24€15.70
€20.37
+29.7%
8.5%€23.05€18.44€17.7011
Apr ’24n/a
€20.37
0%
8.5%€23.05€18.44€19.5011
Mar ’24n/a
€20.65
0%
7.7%€23.57€18.85€19.5011
Feb ’24n/a
€18.46
0%
8.4%€21.23€15.69€18.9010
Jan ’24n/a
€19.67
0%
8.9%€23.55€16.95€21.009
Analyst Price Target
Consensus Narrative from 16 Analysts
€25.74
Fair Value
7.5% undervalued intrinsic discount
16
Number of Analysts

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

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/09 01:22
End of Day Share Price 2025/01/09 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

RXO, Inc. is covered by 20 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Brandon OglenskiBarclays
Brandon OglenskiBarclays
Christopher KuhnBenchmark Company