A.P. Møller - Mærsk A/S

CPSE:MAERSK B Stock Report

Market Cap: DKK 178.5b

A.P. Møller - Mærsk Valuation

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

Below Fair Value: MAERSK B (DKK11615) is trading above our estimate of fair value (DKK8820.84)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for MAERSK B. This is calculated by dividing MAERSK B's market cap by their current earnings.
What is MAERSK B's PE Ratio?
PE Ratio7.2x
EarningsUS$3.59b
Market CapUS$25.04b

Price to Earnings Ratio vs Peers

How does MAERSK B's PE Ratio compare to its peers?

The above table shows the PE ratio for MAERSK B vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average15.6x
DNORD Dampskibsselskabet Norden
4.8xn/aDKK 6.1b
DFDS DFDS
6.9x32.5%DKK 6.8b
DSV DSV
32.6x15.6%DKK 351.9b
HLAG Hapag-Lloyd
18.1x-12.6%€26.5b
MAERSK B A.P. Møller - Mærsk
7.2x-81.1%DKK 178.5b

Price-To-Earnings vs Peers: MAERSK B is good value based on its Price-To-Earnings Ratio (7.2x) compared to the peer average (15.6x).

Price to Earnings Ratio vs Industry

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

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
MAERSK B 7.2xIndustry Avg. 7.4xNo. of Companies6PE0612182430+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: MAERSK B is good value based on its Price-To-Earnings Ratio (7.2x) compared to the European Shipping industry average (7.4x).

Price to Earnings Ratio vs Fair Ratio

What is MAERSK B'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.

MAERSK B PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio7.2x
Fair PE Ratio4.8x

Price-To-Earnings vs Fair Ratio: MAERSK B is expensive based on its Price-To-Earnings Ratio (7.2x) compared to the estimated Fair Price-To-Earnings Ratio (4.8x).

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 MAERSK B forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentDKK 11,615.00
DKK 12,031.94
+3.6%
17.4%DKK 15,594.58DKK 8,504.90n/a18
Dec ’25DKK 11,975.00
DKK 12,499.45
+4.4%
19.0%DKK 16,159.24DKK 9,122.15n/a18
Nov ’25DKK 11,235.00
DKK 12,013.55
+6.9%
18.6%DKK 15,529.76DKK 8,766.80n/a18
Oct ’25DKK 10,710.00
DKK 12,087.21
+12.9%
20.1%DKK 15,401.31DKK 8,537.88n/a17
Sep ’25DKK 10,065.00
DKK 12,445.01
+23.6%
17.3%DKK 15,423.82DKK 9,189.46n/a17
Aug ’25DKK 11,200.00
DKK 12,841.02
+14.7%
20.3%DKK 17,085.72DKK 9,079.82n/a18
Jul ’25DKK 12,860.00
DKK 12,184.80
-5.3%
22.3%DKK 17,159.32DKK 8,177.61n/a18
Jun ’25DKK 12,465.00
DKK 11,613.09
-6.8%
21.5%DKK 16,698.34DKK 8,093.66n/a18
May ’25DKK 10,105.00
DKK 11,270.01
+11.5%
22.2%DKK 17,731.28DKK 8,252.24n/a17
Apr ’25DKK 8,994.00
DKK 12,025.79
+33.7%
24.6%DKK 17,503.87DKK 8,179.35n/a18
Mar ’25DKK 9,622.00
DKK 12,279.84
+27.6%
24.2%DKK 17,465.81DKK 8,161.56n/a18
Feb ’25DKK 12,455.00
DKK 13,105.63
+5.2%
23.8%DKK 17,364.77DKK 8,190.17n/a17
Jan ’25DKK 12,140.00
DKK 12,101.43
-0.3%
30.3%DKK 19,925.89DKK 8,111.83n/a17
Dec ’24DKK 10,925.00
DKK 12,264.07
+12.3%
29.6%DKK 20,094.42DKK 8,341.26DKK 11,975.0017
Nov ’24DKK 11,900.00
DKK 13,339.69
+12.1%
26.4%DKK 20,440.42DKK 9,304.78DKK 11,235.0017
Oct ’24DKK 12,735.00
DKK 13,864.87
+8.9%
26.0%DKK 20,864.21DKK 9,423.06DKK 10,710.0016
Sep ’24DKK 12,715.00
DKK 14,181.98
+11.5%
25.6%DKK 20,455.16DKK 9,655.31DKK 10,065.0016
Aug ’24DKK 13,760.00
DKK 14,348.07
+4.3%
24.9%DKK 20,506.73DKK 9,477.09DKK 11,200.0016
Jul ’24DKK 11,975.00
DKK 14,277.38
+19.2%
28.9%DKK 23,644.32DKK 9,043.65DKK 12,860.0016
Jun ’24DKK 11,935.00
DKK 14,611.46
+22.4%
29.9%DKK 24,341.88DKK 9,205.18DKK 12,465.0015
May ’24DKK 12,425.00
DKK 14,710.95
+18.4%
29.4%DKK 21,035.45DKK 8,583.06DKK 10,105.0016
Apr ’24DKK 12,445.00
DKK 15,795.61
+26.9%
33.4%DKK 23,855.31DKK 8,715.33DKK 8,994.0015
Mar ’24DKK 16,940.00
DKK 17,272.11
+2.0%
33.4%DKK 28,856.86DKK 10,475.82DKK 9,622.0015
Feb ’24DKK 15,275.00
DKK 18,489.17
+21.0%
33.9%DKK 27,825.95DKK 10,101.57DKK 12,455.0015
Jan ’24DKK 15,620.00
DKK 18,973.72
+21.5%
33.5%DKK 27,696.76DKK 10,456.69DKK 12,140.0016
Dec ’23DKK 15,300.00
DKK 18,628.71
+21.8%
33.0%DKK 27,911.44DKK 10,120.80DKK 10,925.0016

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 Analysis2024/12/18 08:55
End of Day Share Price 2024/12/18 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

A.P. Møller - Mærsk A/S is covered by 47 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Lars HeindorffABG Sundal Collier
Robert Jan VosABN AMRO Bank N.V.
Hélène CoumesAlphaValue