Jungheinrich Aktiengesellschaft

LSE:0EXP Stock Report

Market Cap: €2.4b

Jungheinrich Valuation

Is 0EXP undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • 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 0EXP when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 0EXP (€24.07) is trading below our estimate of fair value (€46.11)

Significantly Below Fair Value: 0EXP is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0EXP?

Key metric: As 0EXP is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 0EXP. This is calculated by dividing 0EXP's market cap by their current earnings.
What is 0EXP's PE Ratio?
PE Ratio8.6x
Earnings€282.08m
Market Cap€2.44b

Price to Earnings Ratio vs Peers

How does 0EXP's PE Ratio compare to its peers?

The above table shows the PE ratio for 0EXP vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average16.7x
SOM Somero Enterprises
7.8xn/aUK£148.3m
ROR Rotork
23.5x8.9%UK£2.8b
BOY Bodycote
17.9x20.2%UK£1.1b
IMI IMI
17.6x12.0%UK£4.5b
0EXP Jungheinrich
8.6x6.9%€2.4b

Price-To-Earnings vs Peers: 0EXP is good value based on its Price-To-Earnings Ratio (8.6x) compared to the peer average (16.7x).

Price to Earnings Ratio vs Industry

How does 0EXP's PE Ratio compare vs other companies in the European Machinery Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
0EXP 8.6xIndustry Avg. 17.7xNo. of Companies29PE01020304050+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0EXP is good value based on its Price-To-Earnings Ratio (8.6x) compared to the European Machinery industry average (17.7x).

Price to Earnings Ratio vs Fair Ratio

What is 0EXP'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.

0EXP PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio8.6x
Fair PE Ratio17x

Price-To-Earnings vs Fair Ratio: 0EXP is good value based on its Price-To-Earnings Ratio (8.6x) compared to the estimated Fair Price-To-Earnings Ratio (17x).

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 0EXP forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€24.07
€37.92
+57.6%
17.5%€47.00€24.00n/a12
Nov ’25€24.76
€39.64
+60.1%
16.2%€49.00€24.00n/a11
Oct ’25€26.97
€40.45
+50.0%
17.0%€49.00€24.00n/a11
Sep ’25€28.42
€41.23
+45.0%
14.8%€49.00€27.50n/a11
Aug ’25€28.47
€41.38
+45.3%
13.4%€50.00€29.50n/a12
Jul ’25€31.22
€41.54
+33.1%
13.0%€50.00€29.50n/a12
Jun ’25€36.26
€40.27
+11.1%
14.8%€50.00€29.50n/a13
May ’25€35.14
€38.27
+8.9%
16.2%€50.00€30.00n/a13
Apr ’25€34.47
€36.92
+7.1%
16.3%€49.00€27.00n/a13
Mar ’25€30.56
€35.83
+17.3%
15.5%€49.00€27.00n/a12
Feb ’25€31.82
€35.38
+11.2%
15.7%€49.00€27.00n/a13
Jan ’25€33.48
€35.73
+6.7%
19.5%€49.00€23.50n/a13
Dec ’24€30.07
€35.73
+18.8%
19.5%€49.00€23.50n/a13
Nov ’24€25.17
€35.88
+42.6%
18.6%€49.00€23.50€24.7613
Oct ’24€28.78
€36.00
+25.1%
18.8%€49.00€22.00€26.9713
Sep ’24€30.81
€36.73
+19.2%
19.5%€49.00€22.00€28.4211
Aug ’24€33.92
€37.90
+11.7%
19.8%€49.00€22.00€28.4710
Jul ’24€33.32
€38.00
+14.0%
20.4%€51.00€22.00€31.2210
Jun ’24€29.90
€37.27
+24.7%
20.8%€51.00€22.00€36.2611
May ’24€35.04
€36.82
+5.1%
21.6%€51.00€22.00€35.1411
Apr ’24€32.52
€35.82
+10.2%
19.7%€46.00€22.00€34.4711
Mar ’24€35.22
€35.36
+0.4%
19.7%€46.00€22.00€30.5611
Feb ’24€36.82
€35.36
-4.0%
19.7%€46.00€22.00€31.8211
Jan ’24€26.42
€34.14
+29.2%
16.3%€43.00€22.50€33.4811
Dec ’23€28.35
€34.14
+20.4%
16.3%€43.00€22.50€30.0711
Nov ’23€25.50
€34.32
+34.6%
20.5%€45.00€20.00€25.1711

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.

Discover undervalued companies

Renold

UK£95.0m

Engages in the manufacture and sale of high precision engineered products and solutions in the United Kingdom, rest of Europe, the United States, Canada, Australasia, China, India, and internationally.

RNO

UK£0.48

7D

-12.1%

1Y

48.6%

Rieter Holding

CHF 390.3m

Supplies systems for manufacturing yarn from staple fibers in spinning mills in Switzerland and internationally.

0QKA

CHF 87.30

7D

-3.5%

1Y

0.3%

Nilfisk Holding

DKK 2.9b

Develops, manufactures, and sells cleaning solutions and services worldwide.

0RUZ

DKK 106.20

7D

-0.2%

1Y

-5.5%