Denbury Inc.

LSE:0I8A Stock Report

Market Cap: US$4.6b

Denbury Valuation

Is 0I8A 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 0I8A when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 0I8A ($89.85) is trading below our estimate of fair value ($1037.93)

Significantly Below Fair Value: 0I8A is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0I8A?

Key metric: As 0I8A is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 0I8A. This is calculated by dividing 0I8A's market cap by their current earnings.
What is 0I8A's PE Ratio?
PE Ratio9.5x
EarningsUS$482.02m
Market CapUS$4.56b

Price to Earnings Ratio vs Peers

How does 0I8A's PE Ratio compare to its peers?

The above table shows the PE ratio for 0I8A vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average23.1x
HBR Harbour Energy
48.9x14.4%UK£3.8b
ITH Ithaca Energy
14.9x-8.4%UK£1.9b
ENOG Energean
9.2x7.0%UK£1.9b
SEPL Seplat Energy
19.4x13.4%UK£1.3b
0I8A Denbury
9.5x-18.5%US$4.6b

Price-To-Earnings vs Peers: 0I8A is good value based on its Price-To-Earnings Ratio (9.5x) compared to the peer average (10.6x).

Price to Earnings Ratio vs Industry

How does 0I8A's PE Ratio compare vs other companies in the GB Oil and Gas Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
ROSN Rosneft Oil
1.5xn/aUS$21.03b
INDI Indus Gas
0.9xn/aUS$17.30m
No more companies available in this PE range
0I8A 9.5xIndustry Avg. 8.9xNo. of Companies5PE0612182430+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0I8A is expensive based on its Price-To-Earnings Ratio (9.5x) compared to the UK Oil and Gas industry average (4x).

Price to Earnings Ratio vs Fair Ratio

What is 0I8A'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.

0I8A PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio9.5x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 0I8A's Price-To-Earnings Fair Ratio for valuation analysis.

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 0I8A forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentn/a
US$96.38
0%
8.9%US$115.00US$87.00n/a8
Nov ’25n/a
US$96.38
0%
8.9%US$115.00US$87.00n/a8
Oct ’25n/a
US$96.38
0%
8.9%US$115.00US$87.00n/a8
Sep ’25n/a
US$96.38
0%
8.9%US$115.00US$87.00n/a8
Aug ’25n/a
US$96.38
0%
8.9%US$115.00US$87.00n/a8
Jul ’25n/a
US$96.38
0%
8.9%US$115.00US$87.00n/a8
Jun ’25n/a
US$96.38
0%
8.9%US$115.00US$87.00n/a8
May ’25n/a
US$96.38
0%
8.9%US$115.00US$87.00n/a8
Apr ’25n/a
US$96.38
0%
8.9%US$115.00US$87.00n/a8
Mar ’25n/a
US$96.38
0%
8.9%US$115.00US$87.00n/a8
Feb ’25n/a
US$96.38
0%
8.9%US$115.00US$87.00n/a8
Jan ’25n/a
US$96.38
0%
8.9%US$115.00US$87.00n/a8
Dec ’24n/a
US$96.38
0%
8.9%US$115.00US$87.00n/a8
Nov ’24US$89.85
US$96.38
+7.3%
8.9%US$115.00US$87.00n/a8
Oct ’24US$99.34
US$98.89
-0.5%
11.1%US$120.00US$87.00n/a9
Sep ’24US$93.41
US$98.89
+5.9%
11.1%US$120.00US$87.00n/a9
Aug ’24US$86.94
US$100.70
+15.8%
12.7%US$120.00US$85.00n/a10
Jul ’24US$87.11
US$108.17
+24.2%
14.9%US$140.00US$73.00n/a12
Jun ’24US$90.09
US$109.64
+21.7%
15.1%US$140.00US$73.00n/a11
May ’24US$91.43
US$109.82
+20.1%
14.7%US$140.00US$73.00n/a11
Apr ’24US$88.03
US$109.36
+24.2%
14.7%US$138.00US$73.00n/a11
Mar ’24US$83.91
US$112.45
+34.0%
17.9%US$156.00US$73.00n/a11
Feb ’24US$84.70
US$113.27
+33.7%
18.0%US$156.00US$73.00n/a11
Jan ’24n/a
US$113.08
0%
17.3%US$155.00US$73.00n/a12
Dec ’23US$89.78
US$110.82
+23.4%
14.7%US$144.00US$81.00n/a11
Nov ’23US$90.46
US$109.18
+20.7%
15.7%US$146.00US$81.00US$89.8511

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

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