We’ve recently updated our valuation analysis.

De La Rue Valuation

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

Valuation Score

5/6

Valuation Score 5/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

DLAR key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.7x
Enterprise Value/EBITDA5.6x
PEG Ratio0.3x

Price to Earnings Ratio vs Peers

How does DLAR's PE Ratio compare to its peers?

DLAR PE Ratio vs Peers
The above table shows the PE ratio for DLAR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average18.8x
MER Mears Group
9.4x-1.4%UK£214.2m
SUR Sureserve Group
10.9xn/aUK£134.4m
JSG Johnson Service Group
15.6x17.5%UK£349.8m
INSE Inspired
39.2x44.5%UK£109.7m
DLAR De La Rue
8.1x26.2%UK£168.7m

Price-To-Earnings vs Peers: DLAR is good value based on its Price-To-Earnings Ratio (8.1x) compared to the peer average (18.8x).


Price to Earnings Ratio vs Industry

How does DLAR's PE Ratio compare vs other companies in the GB Commercial Services Industry?

Price-To-Earnings vs Industry: DLAR is good value based on its Price-To-Earnings Ratio (8.1x) compared to the European Commercial Services industry average (13.1x)


Price to Earnings Ratio vs Fair Ratio

What is DLAR'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.

DLAR PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio8.1x
Fair PE Ratio27.5x

Price-To-Earnings vs Fair Ratio: DLAR is good value based on its Price-To-Earnings Ratio (8.1x) compared to the estimated Fair Price-To-Earnings Ratio (27.5x).


Share Price vs Fair Value

What is the Fair Price of DLAR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: DLAR (£0.86) is trading below our estimate of fair value (£3.21)

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


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.


Discover undervalued companies