Phoenix Mecano AG

BATS-CHIXE:PMNZ Stock Report

Market Cap: CHF 408.8m

Phoenix Mecano Valuation

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

Discounted Cash Flow
Simply Wall St
CHF 558.21
Fair Value
23.3% undervalued intrinsic discount
4
Number of Analysts

Below Fair Value: PMNZ (CHF428) is trading below our estimate of fair value (CHF558.21)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for PMNZ. This is calculated by dividing PMNZ's market cap by their current earnings.
What is PMNZ's PE Ratio?
PE Ratio10.3x
Earnings€42.47m
Market Cap€435.53m

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for PMNZ vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average19.1x
TFW FW Thorpe
15.2xn/aUK£369.0m
LUCE Luceco
12.4x6.6%UK£226.1m
DSCV discoverIE Group
34x22.4%UK£544.6m
VLX Volex
14.8x14.3%UK£508.6m
PMNZ Phoenix Mecano
10.3x8.9%CHF 408.8m

Price-To-Earnings vs Peers: PMNZ is good value based on its Price-To-Earnings Ratio (10.3x) compared to the peer average (19.1x).

Price to Earnings Ratio vs Industry

How does PMNZ's PE Ratio compare vs other companies in the European Electrical Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No. of Companies10PE01020304050+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: PMNZ is good value based on its Price-To-Earnings Ratio (10.3x) compared to the European Electrical industry average (16.7x).

Price to Earnings Ratio vs Fair Ratio

What is PMNZ'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.

PMNZ PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio10.3x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate PMNZ'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 PMNZ forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCHF 428.00
CHF 488.39
+14.1%
10.8%CHF 578.07CHF 443.46n/a4
Feb ’26CHF 415.00
CHF 488.33
+17.7%
13.0%CHF 577.86CHF 437.82n/a3
Jan ’26CHF 423.00
CHF 488.33
+15.4%
13.0%CHF 577.86CHF 437.82n/a3
Dec ’25CHF 459.00
CHF 488.33
+6.4%
13.0%CHF 577.86CHF 437.82n/a3
Nov ’25CHF 452.00
CHF 449.05
-0.7%
1.3%CHF 454.87CHF 443.23n/a2
Oct ’25CHF 460.00
CHF 460.56
+0.1%
2.1%CHF 470.18CHF 450.94n/a2
Sep ’25n/a
CHF 460.56
0%
2.1%CHF 470.18CHF 450.94n/a2
Aug ’25n/a
CHF 456.93
0%
1.2%CHF 462.52CHF 451.33n/a2
Jul ’25n/a
CHF 456.93
0%
1.2%CHF 462.52CHF 451.33n/a2
Jun ’25n/a
CHF 464.39
0%
1.3%CHF 470.38CHF 458.40n/a2
May ’25n/a
CHF 464.39
0%
1.3%CHF 470.38CHF 458.40n/a2
Apr ’25n/a
CHF 461.04
0%
2.4%CHF 472.04CHF 450.04n/a2
Mar ’25n/a
CHF 461.04
0%
2.4%CHF 472.04CHF 450.04n/a2
Feb ’25n/a
CHF 481.36
0%
23.2%CHF 592.98CHF 369.74CHF 415.002
Jan ’25n/a
CHF 481.36
0%
23.2%CHF 592.98CHF 369.74CHF 423.002
Dec ’24n/a
CHF 473.38
0%
26.3%CHF 597.96CHF 348.79CHF 459.002
Nov ’24n/a
CHF 473.38
0%
26.3%CHF 597.96CHF 348.79CHF 452.002
Oct ’24n/a
CHF 475.94
0%
26.2%CHF 600.61CHF 351.27CHF 460.002
Sep ’24n/a
CHF 475.94
0%
26.2%CHF 600.61CHF 351.27n/a2
Aug ’24n/a
CHF 478.51
0%
25.3%CHF 599.63CHF 357.40n/a2
Jul ’24n/a
CHF 478.51
0%
25.3%CHF 599.63CHF 357.40n/a2
Jun ’24CHF 419.00
CHF 478.51
+14.2%
25.3%CHF 599.63CHF 357.40n/a2
May ’24CHF 443.00
CHF 385.78
-12.9%
6.5%CHF 410.72CHF 360.85n/a2
Apr ’24CHF 381.00
CHF 371.65
-2.5%
10.3%CHF 409.94CHF 333.37n/a2
Mar ’24CHF 360.00
CHF 371.65
+3.2%
10.3%CHF 409.94CHF 333.37n/a2
Feb ’24CHF 343.00
CHF 357.90
+4.3%
6.2%CHF 380.20CHF 335.60n/a2
Analyst Price Target
Consensus Narrative from 4 Analysts
CHF 488.39
Fair Value
12.4% undervalued intrinsic discount
4
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/22 03:17
End of Day Share Price 2025/02/21 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Phoenix Mecano AG is covered by 8 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael RoostBaader Helvea Equity Research
Andreas EscherBank Vontobel AG
Reto HuberResearch Partners AG