VAT Group AG

LSE:0RFL Stock Report

Market Cap: CHF 10.3b

VAT Group Valuation

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

Valuation Score

2/6

Valuation Score 2/6

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

Below Fair Value: 0RFL (CHF343.2) is trading below our estimate of fair value (CHF494.27)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for 0RFL. This is calculated by dividing 0RFL's market cap by their current earnings.
What is 0RFL's PE Ratio?
PE Ratio51.4x
EarningsCHF 200.11m
Market CapCHF 10.29b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for 0RFL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average22.6x
WEIR Weir Group
25.3x19.0%UK£5.6b
SPX Spirax Group
25.1x9.0%UK£4.8b
IMI IMI
17.3x12.0%UK£4.4b
ROR Rotork
22.6x8.8%UK£2.7b
0RFL VAT Group
51.4x21.8%CHF 10.3b

Price-To-Earnings vs Peers: 0RFL is expensive based on its Price-To-Earnings Ratio (51.4x) compared to the peer average (22.6x).

Price to Earnings Ratio vs Industry

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

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
0RFL 51.4xIndustry Avg. 17.5xNo. of Companies29PE01224364860+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0RFL is expensive based on its Price-To-Earnings Ratio (51.4x) compared to the European Machinery industry average (17.5x).

Price to Earnings Ratio vs Fair Ratio

What is 0RFL'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.

0RFL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio51.4x
Fair PE Ratio29.5x

Price-To-Earnings vs Fair Ratio: 0RFL is expensive based on its Price-To-Earnings Ratio (51.4x) compared to the estimated Fair Price-To-Earnings Ratio (29.5x).

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 0RFL forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCHF 343.20
CHF 420.53
+22.5%
16.1%CHF 550.00CHF 325.00n/a15
Nov ’25CHF 362.45
CHF 423.20
+16.8%
16.0%CHF 550.00CHF 325.00n/a15
Oct ’25CHF 436.82
CHF 473.67
+8.4%
18.0%CHF 700.00CHF 350.00n/a15
Sep ’25CHF 438.40
CHF 485.00
+10.6%
16.3%CHF 700.00CHF 370.00n/a15
Aug ’25CHF 440.30
CHF 475.75
+8.1%
17.7%CHF 700.00CHF 343.00n/a16
Jul ’25CHF 506.60
CHF 467.40
-7.7%
18.7%CHF 625.00CHF 322.00n/a15
Jun ’25CHF 486.34
CHF 456.31
-6.2%
18.2%CHF 625.00CHF 322.00n/a16
May ’25CHF 461.40
CHF 456.31
-1.1%
18.2%CHF 625.00CHF 322.00n/a16
Apr ’25CHF 467.39
CHF 428.89
-8.2%
17.1%CHF 585.00CHF 322.00n/a16
Mar ’25CHF 446.27
CHF 396.08
-11.2%
20.4%CHF 585.00CHF 278.00n/a16
Feb ’25CHF 410.46
CHF 393.64
-4.1%
20.2%CHF 585.00CHF 278.00n/a16
Jan ’25CHF 421.84
CHF 367.28
-12.9%
17.7%CHF 500.00CHF 278.00n/a16
Dec ’24CHF 404.04
CHF 348.71
-13.7%
17.5%CHF 500.00CHF 259.00n/a16
Nov ’24CHF 321.03
CHF 337.30
+5.1%
14.1%CHF 440.00CHF 259.00CHF 362.4515
Oct ’24CHF 329.00
CHF 338.50
+2.9%
16.9%CHF 440.00CHF 259.00CHF 436.8212
Sep ’24CHF 355.24
CHF 339.77
-4.4%
16.1%CHF 440.00CHF 259.00CHF 438.4013
Aug ’24CHF 371.05
CHF 336.67
-9.3%
16.5%CHF 440.00CHF 259.00CHF 440.3012
Jul ’24CHF 366.57
CHF 335.77
-8.4%
17.2%CHF 440.00CHF 259.00CHF 506.6013
Jun ’24CHF 368.02
CHF 327.08
-11.1%
15.7%CHF 412.00CHF 259.00CHF 486.3412
May ’24CHF 313.27
CHF 314.83
+0.5%
15.9%CHF 412.00CHF 259.00CHF 461.4012
Apr ’24CHF 321.59
CHF 308.73
-4.0%
15.3%CHF 405.00CHF 249.00CHF 467.3911
Mar ’24CHF 285.82
CHF 298.82
+4.5%
9.9%CHF 350.00CHF 249.00CHF 446.2711
Feb ’24CHF 287.67
CHF 298.82
+3.9%
9.9%CHF 350.00CHF 249.00CHF 410.4611
Jan ’24CHF 252.80
CHF 290.36
+14.9%
9.2%CHF 325.00CHF 249.00CHF 421.8411
Dec ’23CHF 266.77
CHF 278.09
+4.2%
9.3%CHF 320.00CHF 230.00CHF 404.0411
Nov ’23CHF 229.86
CHF 278.18
+21.0%
10.1%CHF 322.00CHF 230.00CHF 321.0311

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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