FLSmidth Valuation
Is FLS undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation 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 FLS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: FLS (DKK340) is trading below our estimate of fair value (DKK684.85)
Significantly Below Fair Value: FLS is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for FLS?
Other financial metrics that can be useful for relative valuation.
| What is FLS's n/a Ratio? | |
|---|---|
| n/a | 0x |
| n/a | n/a |
| Market Cap | DKK 19.34b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 0.9x |
| Enterprise Value/EBITDA | 9.8x |
| PEG Ratio | 1.2x |
Price to Earnings Ratio vs Peers
How does FLS's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 17.4x | ||
NKT NKT | 35.4x | 17.3% | DKK 33.2b |
SKAKO SKAKO | 13.1x | n/a | DKK 212.2m |
PAAL B Per Aarsleff Holding | 8.4x | 0.1% | DKK 6.9b |
NLFSK Nilfisk Holding | 12.7x | 18.0% | DKK 3.8b |
FLS FLSmidth | 25.2x | 21.4% | DKK 19.3b |
Price-To-Earnings vs Peers: FLS is expensive based on its Price-To-Earnings Ratio (25.2x) compared to the peer average (17.4x).
Price to Earnings Ratio vs Industry
How does FLS's PE Ratio compare vs other companies in the European Machinery Industry?
Price-To-Earnings vs Industry: FLS is expensive based on its Price-To-Earnings Ratio (25.2x) compared to the European Machinery industry average (18x).
Price to Earnings Ratio vs Fair Ratio
What is FLS'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.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 25.2x |
| Fair PE Ratio | 21.4x |
Price-To-Earnings vs Fair Ratio: FLS is expensive based on its Price-To-Earnings Ratio (25.2x) compared to the estimated Fair Price-To-Earnings Ratio (21.4x).
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | DKK 340.00 | DKK 401.25 +18.0% | 12.0% | DKK 475.00 | DKK 320.00 | n/a | 8 |
| Jul ’25 | DKK 347.80 | DKK 401.25 +15.4% | 15.0% | DKK 475.00 | DKK 280.00 | n/a | 8 |
| Jun ’25 | DKK 394.40 | DKK 399.38 +1.3% | 16.3% | DKK 475.00 | DKK 280.00 | n/a | 8 |
| May ’25 | DKK 347.60 | DKK 370.63 +6.6% | 15.7% | DKK 455.00 | DKK 280.00 | n/a | 8 |
| Apr ’25 | DKK 344.20 | DKK 353.75 +2.8% | 15.2% | DKK 455.00 | DKK 280.00 | n/a | 8 |
| Mar ’25 | DKK 322.20 | DKK 348.33 +8.1% | 14.1% | DKK 455.00 | DKK 280.00 | n/a | 9 |
| Feb ’25 | DKK 292.00 | DKK 333.89 +14.3% | 17.0% | DKK 445.00 | DKK 270.00 | n/a | 9 |
| Jan ’25 | DKK 287.20 | DKK 344.44 +19.9% | 14.4% | DKK 445.00 | DKK 295.00 | n/a | 9 |
| Dec ’24 | DKK 284.80 | DKK 348.89 +22.5% | 13.4% | DKK 430.00 | DKK 290.00 | n/a | 9 |
| Nov ’24 | DKK 261.60 | DKK 359.44 +37.4% | 12.1% | DKK 430.00 | DKK 295.00 | n/a | 9 |
| Oct ’24 | DKK 319.20 | DKK 359.20 +12.5% | 11.4% | DKK 430.00 | DKK 295.00 | n/a | 10 |
| Sep ’24 | DKK 314.60 | DKK 354.11 +12.6% | 12.6% | DKK 430.00 | DKK 280.00 | n/a | 9 |
| Aug ’24 | DKK 325.40 | DKK 345.22 +6.1% | 16.1% | DKK 430.00 | DKK 250.00 | n/a | 9 |
| Jul ’24 | DKK 330.20 | DKK 330.78 +0.2% | 16.1% | DKK 430.00 | DKK 250.00 | DKK 347.80 | 9 |
| Jun ’24 | DKK 297.20 | DKK 298.89 +0.6% | 16.8% | DKK 370.00 | DKK 210.00 | DKK 394.40 | 9 |
| May ’24 | DKK 263.60 | DKK 274.56 +4.2% | 24.6% | DKK 370.00 | DKK 136.00 | DKK 347.60 | 9 |
| Apr ’24 | DKK 262.20 | DKK 273.89 +4.5% | 25.2% | DKK 370.00 | DKK 130.00 | DKK 344.20 | 9 |
| Mar ’24 | DKK 276.10 | DKK 273.89 -0.8% | 25.2% | DKK 370.00 | DKK 130.00 | DKK 322.20 | 9 |
| Feb ’24 | DKK 296.30 | DKK 266.25 -10.1% | 24.0% | DKK 350.00 | DKK 130.00 | DKK 292.00 | 8 |
| Jan ’24 | DKK 251.70 | DKK 250.00 -0.7% | 27.2% | DKK 350.00 | DKK 110.00 | DKK 287.20 | 8 |
| Dec ’23 | DKK 213.50 | DKK 248.13 +16.2% | 27.6% | DKK 350.00 | DKK 110.00 | DKK 284.80 | 8 |
| Nov ’23 | DKK 177.45 | DKK 242.78 +36.8% | 26.7% | DKK 350.00 | DKK 110.00 | DKK 261.60 | 9 |
| Oct ’23 | DKK 165.90 | DKK 252.78 +52.4% | 21.3% | DKK 350.00 | DKK 155.00 | DKK 319.20 | 9 |
| Sep ’23 | DKK 189.65 | DKK 242.22 +27.7% | 24.3% | DKK 350.00 | DKK 155.00 | DKK 314.60 | 9 |
| Aug ’23 | DKK 197.20 | DKK 238.44 +20.9% | 24.9% | DKK 350.00 | DKK 165.00 | DKK 325.40 | 9 |
| Jul ’23 | DKK 171.00 | DKK 244.56 +43.0% | 22.0% | DKK 350.00 | DKK 175.00 | DKK 330.20 | 9 |
Analyst Forecast: Target price is less than 20% higher than the current share price.