Carel Industries S.p.A.

LSE:0YQA Stock Report

Market Cap: €2.0b

Carel Industries Valuation

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

Valuation Score

0/6

Valuation Score 0/6

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

Below Fair Value: 0YQA (€17.8) is trading above our estimate of fair value (€8.65)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for 0YQA. This is calculated by dividing 0YQA's market cap by their current earnings.
What is 0YQA's PE Ratio?
PE Ratio38.2x
Earnings€51.59m
Market Cap€1.97b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for 0YQA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average24.2x
FAN Volution Group
25.9x12.1%UK£1.1b
GEN Genuit Group
43.2x30.7%UK£1.0b
JHD James Halstead
19.2x4.1%UK£796.1m
NXR Norcros
8.7x-1.2%UK£232.5m
0YQA Carel Industries
38.2x20.1%€2.0b

Price-To-Earnings vs Peers: 0YQA is expensive based on its Price-To-Earnings Ratio (38.2x) compared to the peer average (24.2x).

Price to Earnings Ratio vs Industry

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

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
0YQA 38.2xIndustry Avg. 19.5xNo. of Companies12PE01224364860+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0YQA is expensive based on its Price-To-Earnings Ratio (38.2x) compared to the European Building industry average (20x).

Price to Earnings Ratio vs Fair Ratio

What is 0YQA'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.

0YQA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio38.2x
Fair PE Ratio22.8x

Price-To-Earnings vs Fair Ratio: 0YQA is expensive based on its Price-To-Earnings Ratio (38.2x) compared to the estimated Fair Price-To-Earnings Ratio (22.8x).

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 0YQA forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€17.80
€19.83
+11.4%
12.6%€23.00€16.90n/a3
Nov ’25€18.78
€18.23
-2.9%
5.8%€19.60€17.00n/a3
Oct ’25€19.58
€18.40
-6.0%
5.8%€19.60€17.00n/a3
Sep ’25€17.90
€18.40
+2.8%
5.8%€19.60€17.00n/a3
Aug ’25€16.36
€18.87
+15.3%
8.7%€21.00€17.00n/a3
Jul ’25€17.32
€19.37
+11.8%
7.9%€21.50€18.00n/a3
Jun ’25€17.42
€19.37
+11.2%
7.9%€21.50€18.00n/a3
May ’25€19.02
€21.70
+14.1%
6.6%€23.50€20.00n/a3
Apr ’25€20.37
€25.15
+23.5%
6.6%€26.80€23.50n/a2
Mar ’25€21.40
€25.15
+17.5%
6.6%€26.80€23.50n/a2
Feb ’25€22.75
€25.15
+10.5%
6.6%€26.80€23.50n/a2
Jan ’25€24.74
€25.01
+1.1%
6.0%€26.51€23.50n/a2
Dec ’24€23.41
€25.01
+6.8%
6.0%€26.51€23.50n/a2
Nov ’24€19.78
€26.55
+34.2%
9.6%€29.10€24.00€18.782
Oct ’24€23.09
€28.55
+23.7%
1.9%€29.10€28.00€19.582

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

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