Cogelec SA

ENXTPA:ALLEC Stock Report

Market Cap: €134.4m

Cogelec Valuation

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

Below Fair Value: ALLEC (€16.1) is trading below our estimate of fair value (€16.44)

Significantly Below Fair Value: ALLEC 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 ALLEC?

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

The above table shows the Price to Earnings ratio for ALLEC. This is calculated by dividing ALLEC's market cap by their current earnings.
What is ALLEC's PE Ratio?
PE Ratio20.1x
Earnings€6.70m
Market Cap€134.43m

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for ALLEC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average13.7x
ALTXC TXCOM Société Anonyme
12.4xn/a€10.8m
ALNN6 ENENSYS Technologies
5.9x27.4%€5.0m
LBIRD Lumibird
24.7x46.1%€160.6m
ALMDG MGI Digital Technology Société Anonyme
11.6x18.3%€95.4m
ALLEC Cogelec
20.1x18.6%€134.4m

Price-To-Earnings vs Peers: ALLEC is expensive based on its Price-To-Earnings Ratio (20.1x) compared to the peer average (13.7x).

Price to Earnings Ratio vs Industry

How does ALLEC's PE Ratio compare vs other companies in the European Communications Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
ALLEC 20.1xIndustry Avg. 30.5xNo. of Companies7PE020406080100+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ALLEC is good value based on its Price-To-Earnings Ratio (20.1x) compared to the Global Communications industry average (31.4x).

Price to Earnings Ratio vs Fair Ratio

What is ALLEC'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.

ALLEC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio20.1x
Fair PE Ratio9.9x

Price-To-Earnings vs Fair Ratio: ALLEC is expensive based on its Price-To-Earnings Ratio (20.1x) compared to the estimated Fair Price-To-Earnings Ratio (9.9x).

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 ALLEC forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€16.10
€14.60
-9.3%
8.9%€15.90€13.30n/a2
Nov ’25€15.00
€14.60
-2.7%
8.9%€15.90€13.30n/a2
Oct ’25€12.40
€13.25
+6.9%
0.4%€13.30€13.20n/a2
Sep ’25€10.80
€12.05
+11.6%
1.2%€12.20€11.90n/a2
Aug ’25€11.50
€12.05
+4.8%
1.2%€12.20€11.90n/a2
Jul ’25€10.70
€10.90
+1.9%
0.9%€11.00€10.80n/a2
Jun ’25€9.80
€10.90
+11.2%
0.9%€11.00€10.80n/a2
May ’25€9.50
€10.90
+14.7%
0.9%€11.00€10.80n/a2
Nov ’24€7.40
€8.10
+9.5%
1.2%€8.20€8.00€15.002
Sep ’24€8.00
€8.60
+7.5%
4.7%€9.00€8.20€10.802
Aug ’24€7.90
€8.60
+8.9%
4.7%€9.00€8.20€11.502
Jul ’24€7.90
€8.60
+8.9%
4.7%€9.00€8.20€10.702
Jun ’24€7.25
€8.60
+18.6%
4.7%€9.00€8.20€9.802
May ’24€7.05
€8.75
+24.1%
2.9%€9.00€8.50€9.502
Apr ’24€7.14
€8.75
+22.5%
2.9%€9.00€8.50€8.152
Mar ’24€6.96
€8.85
+27.2%
1.7%€9.00€8.70€8.252
Feb ’24€6.98
€8.85
+26.8%
1.7%€9.00€8.70€8.102
Jan ’24€6.66
€8.85
+32.9%
1.7%€9.00€8.70€7.252
Dec ’23€7.16
€8.85
+23.6%
1.7%€9.00€8.70€7.402
Nov ’23€6.44
€8.85
+37.4%
1.7%€9.00€8.70€7.402

Analyst Forecast: Target price is lower than the current share price.

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