Neinor Homes Valuation
Is HOME 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 HOME when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: HOME (€15.26) is trading above our estimate of fair value (€0.04)
Significantly Below Fair Value: HOME is trading above our estimate of fair value.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for HOME?
Key metric: As HOME is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.
| What is HOME's PE Ratio? | |
|---|---|
| PE Ratio | 11.9x |
| Earnings | €95.88m |
| Market Cap | €1.14b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 2.3x |
| Enterprise Value/EBITDA | 13.7x |
| PEG Ratio | -1.8x |
Price to Earnings Ratio vs Peers
How does HOME's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 22.7x | ||
AZRM Azorim-Investment Development & Construction | 24.5x | n/a | ₪4.3b |
JM JM | 52.5x | 58.3% | SEK 11.5b |
3254 Pressance | 7x | 1.3% | JP¥125.9b |
BZH Beazer Homes USA | 7.1x | 12.5% | US$1.0b |
HOME Neinor Homes | 11.9x | -6.5% | €1.1b |
Price-To-Earnings vs Peers: HOME is good value based on its Price-To-Earnings Ratio (11.9x) compared to the peer average (22.8x).
Price to Earnings Ratio vs Industry
How does HOME's PE Ratio compare vs other companies in the European Consumer Durables Industry?
| 5 Companies | Price / Earnings | Estimated Growth | Market Cap |
|---|---|---|---|
| 5 Companies | Estimated Growth | Market Cap | |
|---|---|---|---|
Price-To-Earnings vs Industry: HOME is good value based on its Price-To-Earnings Ratio (11.9x) compared to the European Consumer Durables industry average (12.4x).
Price to Earnings Ratio vs Fair Ratio
What is HOME'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 | 11.9x |
| Fair PE Ratio | 11.8x |
Price-To-Earnings vs Fair Ratio: HOME is expensive based on its Price-To-Earnings Ratio (11.9x) compared to the estimated Fair Price-To-Earnings Ratio (11.8x).
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 | €15.26 | €15.06 -1.3% | 13.8% | €17.80 | €12.30 | n/a | 6 |
| Nov ’25 | €15.36 | €15.06 -2.0% | 13.8% | €17.80 | €12.30 | n/a | 6 |
| Oct ’25 | €14.96 | €13.96 -6.7% | 8.2% | €15.90 | €12.30 | n/a | 6 |
| Sep ’25 | €13.30 | €13.96 +4.9% | 8.2% | €15.90 | €12.30 | n/a | 6 |
| Aug ’25 | €13.04 | €13.96 +7.0% | 8.2% | €15.90 | €12.30 | n/a | 6 |
| Jul ’25 | €12.70 | €13.19 +3.8% | 5.0% | €14.33 | €12.50 | n/a | 5 |
| Jun ’25 | €11.66 | €12.67 +8.7% | 4.4% | €13.50 | €11.77 | n/a | 5 |
| May ’25 | €10.50 | €12.61 +20.1% | 4.2% | €13.50 | €11.77 | n/a | 6 |
| Apr ’25 | €10.16 | €12.54 +23.4% | 4.2% | €13.50 | €11.77 | n/a | 7 |
| Mar ’25 | €10.04 | €12.54 +24.9% | 4.2% | €13.50 | €11.77 | n/a | 7 |
| Feb ’25 | €10.50 | €12.82 +22.1% | 8.9% | €15.50 | €11.77 | n/a | 7 |
| Jan ’25 | €10.56 | €12.46 +18.0% | 11.9% | €15.50 | €10.15 | n/a | 7 |
| Dec ’24 | €10.58 | €12.46 +17.8% | 11.9% | €15.50 | €10.15 | n/a | 7 |
| Nov ’24 | €9.71 | €12.22 +25.8% | 12.5% | €15.50 | €10.15 | €15.36 | 8 |
| Oct ’24 | €9.43 | €11.30 +19.9% | 17.4% | €15.50 | €8.20 | €14.96 | 9 |
| Sep ’24 | €9.18 | €10.94 +19.1% | 17.8% | €15.50 | €8.20 | €13.30 | 9 |
| Aug ’24 | €8.99 | €11.15 +24.0% | 19.3% | €15.50 | €8.20 | €13.04 | 9 |
| Jul ’24 | €9.23 | €10.50 +13.8% | 15.4% | €14.00 | €8.20 | €12.70 | 10 |
| Jun ’24 | €8.91 | €11.29 +26.7% | 19.8% | €14.84 | €8.20 | €11.66 | 10 |
| May ’24 | €9.17 | €11.34 +23.7% | 19.5% | €14.84 | €8.20 | €10.50 | 10 |
| Apr ’24 | €9.06 | €11.42 +26.0% | 19.2% | €14.84 | €8.20 | €10.16 | 10 |
| Mar ’24 | €9.28 | €11.40 +22.8% | 19.4% | €14.84 | €8.20 | €10.04 | 10 |
| Feb ’24 | €9.27 | €11.41 +23.1% | 19.4% | €14.84 | €8.20 | €10.50 | 10 |
| Jan ’24 | €8.18 | €11.32 +38.4% | 19.7% | €14.84 | €8.20 | €10.56 | 9 |
| Dec ’23 | €8.88 | €12.39 +39.6% | 16.5% | €14.84 | €8.20 | €10.58 | 9 |
| Nov ’23 | €7.98 | €12.66 +58.6% | 15.3% | €14.84 | €8.20 | €9.71 | 9 |
Analyst Forecast: Target price is lower than the current share price.