Técnicas Reunidas, S.A.

LSE:0MKT Stock Report

Market Cap: €828.0m

Técnicas Reunidas Valuation

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

Valuation Score

1/6

Valuation Score 1/6

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

Below Fair Value: 0MKT (€10.62) is trading above our estimate of fair value (€7.68)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for 0MKT. This is calculated by dividing 0MKT's market cap by their current earnings.
What is 0MKT's PE Ratio?
PE Ratio9.8x
Earnings€84.15m
Market Cap€828.03m

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for 0MKT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average5.4x
HTG Hunting
4.6x-7.9%UK£481.6m
GMS Gulf Marine Services
5.5xn/aUK£174.9m
SQZ Serica Energy
5.6x-19.4%UK£508.3m
DEC Diversified Energy
5.9x1.1%UK£660.7m
0MKT Técnicas Reunidas
9.8x15.4%€828.0m

Price-To-Earnings vs Peers: 0MKT is expensive based on its Price-To-Earnings Ratio (9.8x) compared to the peer average (5.4x).

Price to Earnings Ratio vs Industry

How does 0MKT's PE Ratio compare vs other companies in the European Energy Services Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
0MKT 9.8xIndustry Avg. 9.4xNo. of Companies7PE0816243240+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0MKT is expensive based on its Price-To-Earnings Ratio (9.8x) compared to the European Energy Services industry average (9.5x).

Price to Earnings Ratio vs Fair Ratio

What is 0MKT'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.

0MKT PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio9.8x
Fair PE Ratio14x

Price-To-Earnings vs Fair Ratio: 0MKT is good value based on its Price-To-Earnings Ratio (9.8x) compared to the estimated Fair Price-To-Earnings Ratio (14x).

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 0MKT forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€10.62
€17.18
+61.8%
19.0%€20.50€10.50n/a8
Nov ’25€11.11
€16.42
+47.8%
21.7%€20.50€10.50n/a8
Oct ’25€11.76
€16.42
+39.7%
21.7%€20.50€10.50n/a8
Sep ’25€11.27
€16.42
+45.6%
21.7%€20.50€10.50n/a8
Aug ’25€11.31
€16.42
+45.1%
21.7%€20.50€10.50n/a8
Jul ’25€13.02
€16.42
+26.1%
21.7%€20.50€10.50n/a8
Jun ’25€12.53
€13.74
+9.7%
25.8%€20.00€10.00n/a8
May ’25€9.43
€11.58
+22.7%
20.1%€14.25€8.00n/a8
Apr ’25€7.52
€11.45
+52.3%
20.3%€14.25€8.00n/a8
Mar ’25€7.77
€11.45
+47.5%
20.3%€14.25€8.00n/a8
Feb ’25€7.66
€11.49
+50.1%
18.5%€14.20€8.00n/a8
Jan ’25€8.38
€11.58
+38.2%
18.3%€14.20€8.00n/a8
Dec ’24€8.96
€11.32
+26.4%
18.8%€14.20€8.00n/a9
Nov ’24€8.38
€11.32
+35.1%
18.8%€14.20€8.00€11.119
Oct ’24€9.24
€11.33
+22.6%
18.8%€14.25€8.00€11.769
Sep ’24€8.55
€11.33
+32.5%
18.8%€14.25€8.00€11.279
Aug ’24€8.61
€11.33
+31.6%
18.8%€14.25€8.00€11.319
Jul ’24€8.41
€11.47
+36.5%
18.4%€14.00€7.50€13.029
Jun ’24€8.46
€11.52
+36.2%
18.4%€14.00€7.50€12.539
May ’24€8.28
€11.93
+44.0%
19.9%€15.10€7.50€9.4310
Apr ’24€10.10
€12.49
+23.6%
22.3%€18.30€7.20€7.5211
Mar ’24€11.18
€12.35
+10.5%
22.7%€18.00€7.20€7.7711
Feb ’24€11.07
€11.78
+6.4%
19.3%€15.10€7.20€7.6610
Jan ’24€9.19
€10.46
+13.9%
18.5%€12.50€7.20€8.389
Dec ’23€9.20
€10.46
+13.7%
18.5%€12.50€7.20€8.969
Nov ’23€7.22
€10.08
+39.6%
20.7%€13.00€7.00€8.389

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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