Antin Infrastructure Partners SAS

LSE:0AA5 Stock Report

Market Cap: €1.9b

Antin Infrastructure Partners SAS Valuation

Is 0AA5 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 0AA5 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
€11.57
Fair Value
5.4% undervalued intrinsic discount
9
Number of Analysts

Below Fair Value: 0AA5 (€10.94) is trading below our estimate of fair value (€11.57)

Significantly Below Fair Value: 0AA5 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 0AA5?

Key metric: As 0AA5 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 0AA5. This is calculated by dividing 0AA5's market cap by their current earnings.
What is 0AA5's PE Ratio?
PE Ratio16.8x
Earnings€115.88m
Market Cap€1.95b

Price to Earnings Ratio vs Peers

How does 0AA5's PE Ratio compare to its peers?

The above table shows the PE ratio for 0AA5 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average33.8x
RAT Rathbones Group
28.1x33.9%UK£1.8b
JTC JTC
55.2x29.2%UK£1.6b
QLT Quilter
42.9x39.8%UK£2.1b
N91 Ninety One Group
8.9x4.4%UK£1.4b
0AA5 Antin Infrastructure Partners SAS
16.8x19.0%€1.9b

Price-To-Earnings vs Peers: 0AA5 is good value based on its Price-To-Earnings Ratio (16.8x) compared to the peer average (33.8x).

Price to Earnings Ratio vs Industry

How does 0AA5's PE Ratio compare vs other companies in the GB Capital Markets Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
PNIX Phoenix Digital Assets
1.3xn/aUS$34.78m
IX. i(x) Net Zero
0.1xn/aUS$8.94m
APQ APQ Global
0.5xn/aUS$6.30m
HRIP Hot Rocks Investments
1.8xn/aUS$588.66k
No more companies available in this PE range
0AA5 16.8xIndustry Avg. 11.9xNo. of Companies16PE01020304050+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0AA5 is expensive based on its Price-To-Earnings Ratio (16.8x) compared to the UK Capital Markets industry average (11.9x).

Price to Earnings Ratio vs Fair Ratio

What is 0AA5'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.

0AA5 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio16.8x
Fair PE Ratio19.5x

Price-To-Earnings vs Fair Ratio: 0AA5 is good value based on its Price-To-Earnings Ratio (16.8x) compared to the estimated Fair Price-To-Earnings Ratio (19.5x).

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 0AA5 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€10.94
€14.14
+29.3%
13.7%€18.50€11.70n/a9
Jan ’26€11.01
€14.24
+29.4%
13.7%€18.50€11.70n/a9
Dec ’25€10.32
€14.61
+41.6%
13.2%€18.50€11.70n/a9
Nov ’25€10.56
€15.17
+43.6%
15.2%€21.00€12.50n/a9
Oct ’25€12.24
€15.28
+24.8%
14.7%€21.00€12.50n/a9
Sep ’25€12.64
€15.86
+25.4%
14.8%€21.50€13.60n/a9
Aug ’25€12.38
€15.97
+29.0%
15.0%€21.50€13.00n/a9
Jul ’25€11.56
€16.02
+38.6%
13.4%€20.00€13.00n/a9
Jun ’25€12.82
€16.38
+27.8%
13.1%€20.00€13.00n/a9
May ’25€12.00
€16.54
+37.9%
13.4%€20.00€13.00n/a9
Apr ’25€13.40
€16.84
+25.7%
15.6%€22.00€13.00n/a9
Mar ’25€15.45
€17.94
+16.1%
17.5%€25.00€14.00n/a8
Feb ’25€16.66
€17.13
+2.8%
20.3%€25.00€13.50n/a8
Jan ’25€13.75
€17.44
+26.8%
21.5%€25.00€14.00€11.018
Dec ’24€12.18
€16.96
+39.3%
23.7%€25.00€13.10€10.328
Nov ’24€11.21
€20.08
+79.1%
23.9%€31.00€14.60€10.568
Oct ’24€12.23
€20.26
+65.7%
23.2%€31.00€14.60€12.248
Sep ’24€13.52
€20.26
+49.9%
23.2%€31.00€14.60€12.648
Aug ’24€16.19
€19.73
+21.9%
20.4%€28.00€14.60€12.388
Jul ’24€14.86
€21.25
+43.0%
20.5%€28.00€14.60€11.568
Jun ’24€14.80
€22.29
+50.5%
16.6%€28.00€17.20€12.827
May ’24€15.28
€22.29
+45.9%
16.6%€28.00€17.20€12.007
Apr ’24€16.72
€23.44
+40.2%
16.4%€30.00€18.10€13.407
Mar ’24€20.32
€25.59
+25.9%
8.2%€30.00€23.00€15.457
Feb ’24€20.90
€25.92
+24.0%
10.4%€30.00€22.30€16.666
Jan ’24€20.42
€26.25
+28.6%
10.8%€30.00€22.30€13.756
Analyst Price Target
Consensus Narrative from 9 Analysts
€14.20
Fair Value
22.9% undervalued intrinsic discount
9
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/21 03:24
End of Day Share Price 2025/01/21 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

Antin Infrastructure Partners SAS is covered by 12 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Arnaud Maurice GiblatBNP Paribas Exane
Alexandre TissieresBofA Global Research
Hubert LamBofA Global Research