Robertet SA

ENXTPA:CBE Stock Report

Market Cap: €1.8b

Robertet Valuation

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

Below Fair Value: CBE (€785) is trading below our estimate of fair value (€933.82)

Significantly Below Fair Value: CBE is trading below fair value, but not by a significant amount.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for CBE. This is calculated by dividing CBE's market cap by their current earnings.
What is CBE's PE Ratio?
PE Ratio21x
Earnings€86.35m
Market Cap€1.81b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for CBE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average31.3x
AKE Arkema
16.9x20.6%€5.8b
ALBKK Baikowski
91.1xn/a€60.9m
VCT Vicat
6.1x2.3%€1.6b
VRLA Verallia Société Anonyme
10.9x10.5%€3.1b
CBE Robertet
21x8.0%€1.8b

Price-To-Earnings vs Peers: CBE is good value based on its Price-To-Earnings Ratio (21x) compared to the peer average (31.3x).

Price to Earnings Ratio vs Industry

How does CBE's PE Ratio compare vs other companies in the European Chemicals Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
CBE 21.0xIndustry Avg. 17.1xNo. of Companies11PE01224364860+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: CBE is expensive based on its Price-To-Earnings Ratio (21x) compared to the European Chemicals industry average (17.9x).

Price to Earnings Ratio vs Fair Ratio

What is CBE'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.

CBE PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio21x
Fair PE Ratio12x

Price-To-Earnings vs Fair Ratio: CBE is expensive based on its Price-To-Earnings Ratio (21x) compared to the estimated Fair Price-To-Earnings Ratio (12x).

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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