Kingspan Group plc

LSE:0KGP Stock Report

Market Cap: €12.8b

Kingspan Group Valuation

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

Valuation Score

3/6

Valuation Score 3/6

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

Below Fair Value: 0KGP (€70.31) is trading above our estimate of fair value (€58.49)

Significantly Below Fair Value: 0KGP is trading above our estimate of fair value.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for 0KGP. This is calculated by dividing 0KGP's market cap by their current earnings.
What is 0KGP's PE Ratio?
PE Ratio20.4x
Earnings€625.60m
Market Cap€12.75b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for 0KGP vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average27.3x
FAN Volution Group
25.4x12.1%UK£1.1b
GEN Genuit Group
39.9x29.9%UK£940.9m
JHD James Halstead
17.8x4.1%UK£737.7m
NXR Norcros
26.2x41.7%UK£233.5m
0KGP Kingspan Group
20.4x10.7%€12.8b

Price-To-Earnings vs Peers: 0KGP is good value based on its Price-To-Earnings Ratio (20.4x) compared to the peer average (27.3x).

Price to Earnings Ratio vs Industry

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

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
0KGP 20.4xIndustry Avg. 20.9xNo. of Companies10PE01224364860+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0KGP is good value based on its Price-To-Earnings Ratio (20.4x) compared to the European Building industry average (20.5x).

Price to Earnings Ratio vs Fair Ratio

What is 0KGP'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.

0KGP PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio20.4x
Fair PE Ratio22.6x

Price-To-Earnings vs Fair Ratio: 0KGP is good value based on its Price-To-Earnings Ratio (20.4x) compared to the estimated Fair Price-To-Earnings Ratio (22.6x).

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 0KGP forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€70.31
€89.73
+27.6%
17.4%€130.00€65.00n/a15
Dec ’25€71.09
€90.03
+26.6%
17.5%€130.00€65.00n/a15
Nov ’25€80.49
€89.48
+11.2%
18.2%€130.00€61.00n/a15
Oct ’25€83.55
€89.48
+7.1%
18.2%€130.00€61.00n/a15
Sep ’25€78.61
€88.65
+12.8%
18.5%€130.00€61.00n/a15
Aug ’25€84.68
€88.01
+3.9%
18.9%€130.00€61.00n/a15
Jul ’25€79.80
€84.83
+6.3%
15.1%€105.00€61.00n/a14
Jun ’25€88.85
€82.47
-7.2%
12.7%€96.00€61.00n/a14
May ’25€83.70
€80.18
-4.2%
13.4%€94.00€61.00n/a14
Apr ’25€84.45
€79.46
-5.9%
12.9%€92.00€61.00n/a14
Mar ’25€83.38
€79.77
-4.3%
12.5%€92.00€61.00n/a15
Feb ’25€75.81
€78.46
+3.5%
10.8%€91.00€65.00n/a14
Jan ’25€78.58
€76.50
-2.6%
12.9%€90.00€54.50€69.8314
Dec ’24€72.20
€77.46
+7.3%
12.5%€90.00€54.50€71.0913
Nov ’24€63.76
€79.12
+24.1%
11.7%€90.00€56.00€80.4913
Oct ’24€71.66
€78.68
+9.8%
12.7%€90.00€56.00€83.5514
Sep ’24€77.50
€78.49
+1.3%
14.0%€90.00€49.80€78.6114
Aug ’24€72.78
€77.20
+6.1%
14.3%€90.00€49.80€84.6814
Jul ’24€58.70
€73.77
+25.7%
15.1%€88.00€49.80€79.8014
Jun ’24€63.60
€73.81
+16.1%
15.8%€88.00€47.40€88.8514
May ’24€62.65
€73.42
+17.2%
15.8%€88.00€47.40€83.7014
Apr ’24€61.28
€72.76
+18.7%
16.9%€88.00€47.40€84.4513
Mar ’24€61.86
€72.76
+17.6%
20.4%€110.00€45.90€83.3815
Feb ’24€59.36
€68.85
+16.0%
23.0%€110.00€45.00€75.8114
Jan ’24€50.60
€68.89
+36.1%
23.1%€110.00€45.00€78.5814

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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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 14:32
End of Day Share Price 2025/01/02 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 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

Kingspan Group plc is covered by 24 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Pierre Sylvain RousseauBarclays
Pierre Sylvain RousseauBarclays
Robert ChantryBerenberg