TERNA ENERGY Industrial Commercial Technical Societe Anonyme

DB:44T Stock Report

Market Cap: €2.3b

TERNA ENERGY Industrial Commercial Technical Societe Anonyme Valuation

Is 44T undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • 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 44T when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 44T (€19.46) is trading above our estimate of fair value (€5.34)

Significantly Below Fair Value: 44T is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 44T?

Key metric: As 44T is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 44T. This is calculated by dividing 44T's market cap by their current earnings.
What is 44T's PE Ratio?
PE Ratio33.7x
Earnings€69.13m
Market Cap€2.33b

Price to Earnings Ratio vs Peers

How does 44T's PE Ratio compare to its peers?

The above table shows the PE ratio for 44T vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average35.4x
HRPK 7C Solarparken
62.7x54.5%€156.9m
ABO clearvise
19x-50.1%€128.9m
LEC Lechwerke
25.9xn/a€2.5b
MNV6 Mainova
33.7xn/a€1.9b
44T TERNA ENERGY Industrial Commercial Technical Societe Anonyme
33.7x12.9%€2.3b

Price-To-Earnings vs Peers: 44T is good value based on its Price-To-Earnings Ratio (33.7x) compared to the peer average (35.4x).

Price to Earnings Ratio vs Industry

How does 44T's PE Ratio compare vs other companies in the European Renewable Energy Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
44T 33.7xIndustry Avg. 16.0xNo. of Companies8PE01224364860+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 44T is expensive based on its Price-To-Earnings Ratio (33.7x) compared to the European Renewable Energy industry average (16x).

Price to Earnings Ratio vs Fair Ratio

What is 44T'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.

44T PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio33.7x
Fair PE Ratio20.4x

Price-To-Earnings vs Fair Ratio: 44T is expensive based on its Price-To-Earnings Ratio (33.7x) compared to the estimated Fair Price-To-Earnings Ratio (20.4x).

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.

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