PACCAR Inc

LSE:0KET Stock Report

Market Cap: US$55.0b

PACCAR Valuation

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

Below Fair Value: 0KET ($104.29) is trading below our estimate of fair value ($130.12)

Significantly Below Fair Value: 0KET 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 0KET?

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

The above table shows the Price to Earnings ratio for 0KET. This is calculated by dividing 0KET's market cap by their current earnings.
What is 0KET's PE Ratio?
PE Ratio11.7x
EarningsUS$4.71b
Market CapUS$55.00b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for 0KET vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average20.8x
RR. Rolls-Royce Holdings
21.2x-0.9%UK£49.4b
BA. BAE Systems
18.7x8.0%UK£34.5b
AHT Ashtead Group
17.4x1.8%UK£21.6b
WEIR Weir Group
25.7x18.5%UK£5.7b
0KET PACCAR
11.7x-0.1%US$55.0b

Price-To-Earnings vs Peers: 0KET is good value based on its Price-To-Earnings Ratio (11.7x) compared to the peer average (20.7x).

Price to Earnings Ratio vs Industry

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

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
0KET 11.7xIndustry Avg. 17.6xNo. of Companies27PE01224364860+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0KET is good value based on its Price-To-Earnings Ratio (11.7x) compared to the European Machinery industry average (17.6x).

Price to Earnings Ratio vs Fair Ratio

What is 0KET'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.

0KET PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio11.7x
Fair PE Ratio22x

Price-To-Earnings vs Fair Ratio: 0KET is good value based on its Price-To-Earnings Ratio (11.7x) compared to the estimated Fair Price-To-Earnings Ratio (22x).

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 0KET forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$104.29
US$115.35
+10.6%
10.9%US$134.00US$92.59n/a18
Dec ’25US$117.00
US$113.99
-2.6%
10.4%US$129.00US$89.21n/a18
Nov ’25US$103.81
US$110.33
+6.3%
10.3%US$126.00US$88.00n/a18
Oct ’25US$97.85
US$108.98
+11.4%
11.5%US$139.00US$88.00n/a18
Sep ’25US$94.82
US$110.01
+16.0%
11.8%US$139.00US$88.00n/a18
Aug ’25US$96.01
US$112.54
+17.2%
10.0%US$139.00US$88.00n/a19
Jul ’25US$102.17
US$120.51
+18.0%
11.0%US$147.00US$88.00n/a20
Jun ’25US$105.60
US$119.51
+13.2%
12.2%US$147.00US$88.00n/a20
May ’25US$106.37
US$115.39
+8.5%
14.5%US$147.00US$88.00n/a21
Apr ’25US$123.73
US$109.34
-11.6%
12.7%US$136.00US$84.00n/a21
Mar ’25US$113.07
US$103.22
-8.7%
9.9%US$125.00US$84.00n/a19
Feb ’25US$101.98
US$102.43
+0.4%
10.5%US$125.00US$84.00n/a19
Jan ’25US$97.31
US$93.33
-4.1%
12.2%US$116.00US$78.00US$103.9618
Dec ’24US$93.08
US$92.50
-0.6%
11.2%US$115.00US$78.00US$117.0018
Nov ’24US$82.31
US$92.50
+12.4%
11.2%US$115.00US$78.00US$103.8118
Oct ’24US$84.68
US$88.67
+4.7%
10.3%US$115.00US$74.00US$97.8518
Sep ’24US$83.22
US$89.16
+7.1%
10.8%US$115.00US$74.00US$94.8220
Aug ’24US$86.78
US$87.81
+1.2%
11.4%US$115.00US$74.00US$96.0120
Jul ’24US$83.86
US$80.12
-4.5%
5.2%US$90.00US$73.00US$102.1719
Jun ’24US$69.52
US$80.70
+16.1%
8.0%US$103.00US$73.00US$105.6021
May ’24US$74.84
US$80.08
+7.0%
9.1%US$103.00US$71.00US$106.3719
Apr ’24US$72.63
US$74.91
+3.1%
10.9%US$98.00US$61.00US$123.7319
Mar ’24US$72.98
US$74.74
+2.4%
11.2%US$98.00US$61.00US$113.0718
Feb ’24US$73.01
US$72.93
-0.1%
11.1%US$97.33US$60.67US$101.9818
Jan ’24US$65.87
US$68.51
+4.0%
10.5%US$90.67US$60.00US$97.3117

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 Analysis2025/01/04 07:51
End of Day Share Price 2025/01/03 00:00
Earnings2024/09/30
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 here.

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 .

Analyst Sources

PACCAR Inc is covered by 52 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
John EadeArgus Research Company
Kristine KubackiAvondale Partners
David LeikerBaird