Davide Campari-Milano N.V.

LSE:0ROY Stock Report

Market Cap: €6.4b

Davide Campari-Milano Valuation

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

Discounted Cash Flow
Simply Wall St
€8.85
Fair Value
14.4% overvalued intrinsic discount
21
Number of Analysts

Below Fair Value: 0ROY (€10.12) is trading above our estimate of fair value (€8.85)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for 0ROY. This is calculated by dividing 0ROY's market cap by their current earnings.
What is 0ROY's PE Ratio?
PE Ratio20.3x
Earnings€308.30m
Market Cap€6.43b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for 0ROY vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average19.8x
DGE Diageo
17x7.2%UK£49.4b
CCH Coca-Cola HBC
20.9x12.6%UK£11.0b
CWK Cranswick
23x8.0%UK£2.7b
TATE Tate & Lyle
18.4x14.3%UK£2.9b
0ROY Davide Campari-Milano
20.3x14.3%€6.3b

Price-To-Earnings vs Peers: 0ROY is expensive based on its Price-To-Earnings Ratio (20.3x) compared to the peer average (19.8x).

Price to Earnings Ratio vs Industry

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

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
0ROY 20.3xIndustry Avg. 16.8xNo. of Companies8PE01020304050+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0ROY is expensive based on its Price-To-Earnings Ratio (20.3x) compared to the European Beverage industry average (16.8x).

Price to Earnings Ratio vs Fair Ratio

What is 0ROY'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.

0ROY PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio20.3x
Fair PE Ratio21.2x

Price-To-Earnings vs Fair Ratio: 0ROY is good value based on its Price-To-Earnings Ratio (20.3x) compared to the estimated Fair Price-To-Earnings Ratio (38.8x).

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 0ROY forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€10.12
€7.60
-24.9%
20.8%€10.50€4.50n/a21
Jan ’26€6.03
€7.85
+30.2%
18.2%€10.80€5.00n/a21
Dec ’25€5.68
€8.05
+41.6%
17.4%€10.80€5.00n/a21
Nov ’25€6.21
€8.19
+32.0%
15.5%€10.80€6.00n/a21
Oct ’25€7.60
€9.54
+25.5%
13.2%€12.00€6.50n/a21
Sep ’25€8.34
€9.64
+15.6%
12.0%€12.00€7.70n/a21
Aug ’25€8.15
€9.71
+19.1%
12.5%€12.00€7.70n/a20
Jul ’25€8.68
€10.30
+18.6%
13.3%€12.80€7.80n/a20
Jun ’25€9.17
€10.30
+12.3%
13.3%€12.80€7.80n/a20
May ’25€9.42
€10.28
+9.1%
13.8%€13.50€7.80n/a20
Apr ’25€9.31
€10.33
+10.9%
11.7%€12.20€7.80n/a20
Mar ’25€9.46
€10.52
+11.2%
13.0%€13.50€7.80n/a21
Feb ’25€9.40
€10.84
+15.4%
13.0%€13.50€8.20€5.5921
Jan ’25€10.22
€11.36
+11.2%
13.0%€13.50€8.30€6.0321
Dec ’24€10.01
€11.45
+14.3%
12.7%€13.50€8.30€5.6821
Nov ’24€10.37
€11.61
+11.9%
10.8%€13.50€8.75€6.2121
Oct ’24€11.18
€12.30
+10.0%
13.6%€14.30€8.10€7.6021
Sep ’24€12.02
€12.25
+1.9%
13.7%€14.30€8.10€8.3422
Aug ’24€12.31
€12.27
-0.4%
13.8%€14.30€8.10€8.1522
Jul ’24€12.68
€12.46
-1.8%
11.5%€14.30€9.00€8.6820
Jun ’24€12.48
€12.46
-0.2%
11.5%€14.30€9.00€9.1720
May ’24€11.61
€11.73
+1.0%
12.3%€14.00€8.30€9.4220
Apr ’24€11.25
€11.64
+3.5%
12.1%€14.00€8.20€9.3120
Mar ’24€10.47
€11.67
+11.4%
12.1%€14.00€8.20€9.4621
Feb ’24€9.88
€11.36
+15.0%
13.5%€14.00€8.00€9.4021
Analyst Price Target
Consensus Narrative from 21 Analysts
€14.76
Fair Value
31.4% undervalued intrinsic discount
21
Number of Analysts

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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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/07 19:40
End of Day Share Price 2025/02/07 00:00
Earnings2024/09/30
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.

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 Github.

Analyst Sources

Davide Campari-Milano N.V. is covered by 46 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Paola SagliettiBanca Akros S.p.A. (ESN)
Samar ChandBarclays
Mandeep SanghaBarclays