Fluidra Valuation

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

Below Fair Value: FDR (€19.14) is trading below our estimate of fair value (€30.69)

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


Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

FDR key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2.4x
Enterprise Value/EBITDA15.5x
PEG Ratio1.4x

Price to Earnings Ratio vs Peers

How does FDR's PE Ratio compare to its peers?

The above table shows the PE ratio for FDR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average20.1x
AZK Azkoyen
9.1xn/a€157.5m
NEA Nicolás Correa
7.9x8.6%€82.9m
NBI NBI Bearings Europe
50.2xn/a€57.1m
CAF Construcciones y Auxiliar de Ferrocarriles
13.4x16.3%€1.2b
FDR Fluidra
33.1x23.7%€3.6b

Price-To-Earnings vs Peers: FDR is expensive based on its Price-To-Earnings Ratio (33.1x) compared to the peer average (20.1x).


Price to Earnings Ratio vs Industry

How does FDR's PE Ratio compare vs other companies in the European Machinery Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a22.9%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a22.9%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: FDR is expensive based on its Price-To-Earnings Ratio (33.1x) compared to the European Machinery industry average (17.5x).


Price to Earnings Ratio vs Fair Ratio

What is FDR'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.

FDR PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio33.1x
Fair PE Ratio30.3x

Price-To-Earnings vs Fair Ratio: FDR is expensive based on its Price-To-Earnings Ratio (33.1x) compared to the estimated Fair Price-To-Earnings Ratio (30.3x).


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 FDR forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€19.14
€22.98
+20.0%
11.7%€26.20€17.50n/a16
Jul ’25€19.35
€22.73
+17.5%
11.9%€26.00€17.50n/a15
Jun ’25€22.34
€22.08
-1.1%
12.4%€26.00€16.00n/a15
May ’25€19.90
€21.48
+7.9%
10.9%€25.00€16.00n/a15
Apr ’25€21.92
€21.46
-2.1%
10.8%€25.00€16.00n/a15
Mar ’25€21.62
€21.46
-0.8%
10.8%€25.00€16.00n/a15
Feb ’25€20.00
€20.67
+3.3%
10.9%€23.20€15.00n/a15
Jan ’25€18.85
€20.56
+9.0%
10.9%€23.20€15.00n/a13
Dec ’24€18.78
€20.49
+9.1%
10.7%€23.20€15.00n/a14
Nov ’24€16.71
€20.64
+23.5%
11.6%€24.20€15.00n/a14
Oct ’24€19.37
€20.61
+6.4%
13.5%€25.10€15.50n/a14
Sep ’24€20.72
€20.90
+0.9%
14.4%€27.00€15.50n/a15
Aug ’24€19.80
€20.77
+4.9%
14.4%€27.00€15.50n/a15
Jul ’24€17.83
€20.21
+13.3%
13.2%€27.00€15.00€19.3515
Jun ’24€16.72
€20.46
+22.4%
18.5%€32.00€15.00€22.3415
May ’24€15.53
€20.84
+34.2%
19.9%€32.00€15.00€19.9015
Apr ’24€16.19
€20.92
+29.2%
20.4%€32.00€15.00€21.9214
Mar ’24€16.53
€21.09
+27.6%
20.0%€32.00€15.00€21.6214
Feb ’24€16.63
€20.51
+23.3%
22.2%€32.00€13.85€20.0014
Jan ’24€14.52
€20.51
+41.2%
21.5%€32.00€13.85€18.8515
Dec ’23€13.81
€20.51
+48.5%
21.5%€32.00€13.85€18.7815
Nov ’23€13.45
€21.80
+62.1%
30.5%€40.40€13.85€16.7115
Oct ’23€15.52
€30.93
+99.3%
18.6%€40.40€20.00€19.3715
Sep ’23€15.11
€30.93
+104.7%
18.6%€40.40€20.00€20.7215
Aug ’23€17.94
€33.46
+86.5%
11.5%€40.40€23.38€19.8015
Jul ’23€19.32
€36.85
+90.7%
11.1%€42.50€29.40€17.8315

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.


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