Traton SE

BATS-CHIXE:8TRAD Stock Report

Market Cap: €14.4b

Traton Valuation

Is 8TRAD undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • 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 8TRAD when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 8TRAD (€29) is trading below our estimate of fair value (€82.21)

Significantly Below Fair Value: 8TRAD is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 8TRAD?

Key metric: As 8TRAD is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 8TRAD. This is calculated by dividing 8TRAD's market cap by their current earnings.
What is 8TRAD's PE Ratio?
PE Ratio5.6x
Earnings€2.57b
Market Cap€14.35b

Price to Earnings Ratio vs Peers

How does 8TRAD's PE Ratio compare to its peers?

The above table shows the PE ratio for 8TRAD vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average20.8x
WEIR Weir Group
25.4x19.0%UK£5.6b
SPX Spirax Group
26.1x9.0%UK£5.0b
SOM Somero Enterprises
7.8xn/aUK£148.3m
BNZL Bunzl
23.8x7.0%UK£11.6b
8TRAD Traton
5.6x8.4%€14.4b

Price-To-Earnings vs Peers: 8TRAD is good value based on its Price-To-Earnings Ratio (5.6x) compared to the peer average (20.8x).

Price to Earnings Ratio vs Industry

How does 8TRAD's PE Ratio compare vs other companies in the European Machinery Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No. of Companies29PE01020304050+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 8TRAD is good value based on its Price-To-Earnings Ratio (5.6x) compared to the European Machinery industry average (17.4x).

Price to Earnings Ratio vs Fair Ratio

What is 8TRAD'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.

8TRAD PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio5.6x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 8TRAD's Price-To-Earnings Fair Ratio for valuation analysis.

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 8TRAD forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€29.00
€37.32
+28.7%
23.5%€55.00€21.00n/a15
Nov ’25n/a
€37.19
0%
23.9%€55.00€21.00n/a15
Oct ’25n/a
€36.24
0%
24.0%€55.00€21.00n/a16
Sep ’25€29.45
€36.55
+24.1%
24.1%€55.00€22.00n/a15
Aug ’25€29.18
€36.94
+26.6%
23.2%€55.00€22.00n/a15
Jul ’25n/a
€36.67
0%
22.4%€55.00€22.00n/a15
Jun ’25n/a
€36.85
0%
22.1%€55.00€22.00n/a15
May ’25€34.03
€35.31
+3.8%
25.3%€55.00€21.00n/a16
Apr ’25n/a
€32.05
0%
29.1%€50.00€19.80n/a15
Mar ’25n/a
€26.76
0%
21.7%€40.00€19.80n/a14
Feb ’25€22.72
€26.18
+15.2%
22.1%€40.00€19.80n/a15
Jan ’25n/a
€25.98
0%
22.1%€40.00€19.80n/a15
Dec ’24n/a
€25.88
0%
22.5%€40.00€19.80n/a15
Nov ’24n/a
€25.38
0%
23.3%€40.00€19.80n/a16
Oct ’24n/a
€24.98
0%
25.2%€40.00€16.00n/a16
Sep ’24n/a
€24.98
0%
25.2%€40.00€16.00€29.4516
Aug ’24€19.35
€24.48
+26.5%
26.0%€40.00€16.00€29.1816
Jul ’24€19.28
€24.32
+26.1%
25.1%€38.00€16.00n/a15
Jun ’24n/a
€24.03
0%
25.1%€38.00€16.00n/a16
May ’24€20.80
€22.79
+9.6%
23.4%€35.00€16.00€34.0316
Apr ’24€17.97
€20.91
+16.4%
25.0%€35.00€15.00n/a15
Mar ’24€15.51
€18.86
+21.6%
22.5%€30.00€14.00n/a14
Feb ’24€15.98
€18.68
+16.9%
23.6%€30.00€13.50€22.7214
Jan ’24€14.16
€18.36
+29.6%
24.0%€30.00€13.50n/a14
Dec ’23€15.18
€18.90
+24.5%
27.3%€30.00€13.00n/a15
Nov ’23€13.07
€18.97
+45.1%
27.1%€30.00€13.00n/a15

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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