Admie Holding S.A.

DB:08M Stock Report

Market Cap: €543.5m

Admie Holding Valuation

Is 08M 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 08M when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 08M (€2.29) is trading above our estimate of fair value (€2.21)

Significantly Below Fair Value: 08M is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 08M?

Key metric: As 08M is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 08M. This is calculated by dividing 08M's market cap by their current earnings.
What is 08M's PE Ratio?
PE Ratio8.1x
Earnings€66.75m
Market Cap€543.53m

Price to Earnings Ratio vs Peers

How does 08M's PE Ratio compare to its peers?

The above table shows the PE ratio for 08M vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average19.6x
LEC Lechwerke
25.9xn/a€2.5b
EBK EnBW Energie Baden-Württemberg
28.5xn/a€17.1b
AB9 ABO Energy GmbH KGaA
11.8x11.6%€351.3m
MVV1 MVV Energie
12.3xn/a€2.0b
08M Admie Holding
8.1x42.2%€543.5m

Price-To-Earnings vs Peers: 08M is good value based on its Price-To-Earnings Ratio (8.1x) compared to the peer average (19.6x).

Price to Earnings Ratio vs Industry

How does 08M's PE Ratio compare vs other companies in the European Electric Utilities Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
08M 8.1xIndustry Avg. 12.7xNo. of Companies10PE0612182430+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 08M is good value based on its Price-To-Earnings Ratio (8.1x) compared to the European Electric Utilities industry average (12.7x).

Price to Earnings Ratio vs Fair Ratio

What is 08M'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.

08M PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio8.1x
Fair PE Ratio29.6x

Price-To-Earnings vs Fair Ratio: 08M is good value based on its Price-To-Earnings Ratio (8.1x) compared to the estimated Fair Price-To-Earnings Ratio (29.6x).

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 08M forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€2.29
€3.50
+52.8%
14.3%€4.00€3.00n/a2
Nov ’25€2.33
€3.50
+50.2%
14.3%€4.00€3.00n/a2
Jul ’25€2.15
€3.60
+67.4%
11.1%€4.00€3.20n/a2
Jun ’25€2.14
€3.60
+68.6%
11.1%€4.00€3.20n/a2
May ’25€2.19
€3.60
+64.8%
11.1%€4.00€3.20n/a2
Apr ’25€2.25
€3.60
+60.0%
11.1%€4.00€3.20n/a2
Mar ’25€2.25
€3.60
+60.4%
11.1%€4.00€3.20n/a2
Feb ’25€2.15
€3.60
+67.8%
11.1%€4.00€3.20n/a2
Jan ’25€2.16
€3.57
+65.5%
8.7%€4.00€3.30n/a3
Dec ’24€2.09
€3.17
+51.5%
8.3%€3.40€2.80n/a3
Nov ’24€1.99
€3.17
+58.8%
8.3%€3.40€2.80€2.333
Oct ’24€2.12
€3.17
+49.7%
8.3%€3.40€2.80€2.333
Sep ’24€2.29
€3.17
+38.3%
8.3%€3.40€2.80€2.103
Aug ’24€2.38
€3.17
+33.1%
8.3%€3.40€2.80€2.223
Jul ’24€2.25
€3.03
+35.1%
8.7%€3.40€2.80€2.153
Jun ’24€1.91
€3.15
+65.1%
7.9%€3.40€2.90€2.142
May ’24€1.75
€3.15
+79.8%
7.9%€3.40€2.90€2.192
Apr ’24€1.69
€3.15
+86.2%
7.9%€3.40€2.90€2.252
Mar ’24€1.88
€3.15
+67.7%
7.9%€3.40€2.90€2.252
Feb ’24€1.96
€3.15
+60.6%
7.9%€3.40€2.90€2.152

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

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