Britvic Valuation

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

Valuation Score

5/6

Valuation Score 5/6

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

Below Fair Value: BVIC (£8.21) is trading below our estimate of fair value (£14.11)

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


Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

BVIC 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/Revenue1.5x
Enterprise Value/EBITDA11.3x
PEG Ratio1.6x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for BVIC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average35.9x
FEVR Fevertree Drinks
90.7x30.1%UK£1.4b
BAG A.G. BARR
16.7x9.4%UK£642.9m
CCH Coca-Cola HBC
16.9x10.3%UK£9.2b
NICL Nichols
19.2x9.9%UK£352.4m
BVIC Britvic
16.4x10.5%UK£2.0b

Price-To-Earnings vs Peers: BVIC is good value based on its Price-To-Earnings Ratio (16.4x) compared to the peer average (35.9x).


Price to Earnings Ratio vs Industry

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

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a6.5%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a6.5%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: BVIC is good value based on its Price-To-Earnings Ratio (16.4x) compared to the European Beverage industry average (18.8x).


Price to Earnings Ratio vs Fair Ratio

What is BVIC'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.

BVIC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio16.4x
Fair PE Ratio19.4x

Price-To-Earnings vs Fair Ratio: BVIC is good value based on its Price-To-Earnings Ratio (16.4x) compared to the estimated Fair Price-To-Earnings Ratio (19.4x).


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 BVIC forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUK£8.22
UK£9.75
+18.6%
7.8%UK£11.00UK£8.70n/a14
Mar ’25UK£8.57
UK£9.82
+14.6%
8.2%UK£11.00UK£8.70n/a15
Feb ’25UK£8.79
UK£9.74
+10.9%
8.5%UK£11.00UK£8.70n/a16
Jan ’25UK£8.41
UK£9.80
+16.6%
8.4%UK£11.00UK£8.70n/a16
Dec ’24UK£8.32
UK£9.84
+18.4%
8.3%UK£11.00UK£8.70n/a17
Nov ’24UK£8.43
UK£10.00
+18.7%
6.9%UK£11.00UK£8.75n/a15
Oct ’24UK£8.72
UK£9.96
+14.2%
7.6%UK£11.00UK£8.70n/a16
Sep ’24UK£8.77
UK£9.90
+13.0%
7.9%UK£11.00UK£8.65n/a16
Aug ’24UK£8.64
UK£9.84
+13.9%
7.5%UK£11.00UK£8.65n/a16
Jul ’24UK£8.56
UK£9.75
+14.0%
8.8%UK£11.00UK£7.60n/a16
Jun ’24UK£8.85
UK£9.69
+9.5%
8.7%UK£11.00UK£7.60n/a16
May ’24UK£9.14
UK£9.21
+0.8%
8.4%UK£10.50UK£7.60n/a14
Apr ’24UK£8.91
UK£9.13
+2.5%
9.0%UK£10.50UK£7.60n/a15
Mar ’24UK£8.18
UK£9.21
+12.5%
9.2%UK£10.50UK£7.60UK£8.5716
Feb ’24UK£7.79
UK£9.20
+18.1%
9.3%UK£10.50UK£7.50UK£8.7916
Jan ’24UK£7.77
UK£9.22
+18.7%
8.9%UK£10.50UK£7.80UK£8.4117
Dec ’23UK£8.19
UK£9.28
+13.4%
8.9%UK£10.50UK£7.80UK£8.3218
Nov ’23UK£7.39
UK£9.38
+26.9%
8.8%UK£10.50UK£7.70UK£8.4318
Oct ’23UK£7.18
UK£9.60
+33.8%
8.0%UK£10.50UK£7.70UK£8.7218
Sep ’23UK£7.63
UK£9.61
+26.0%
7.8%UK£10.50UK£7.70UK£8.7718
Aug ’23UK£8.55
UK£9.61
+12.4%
7.8%UK£10.50UK£7.70UK£8.6418
Jul ’23UK£8.17
UK£9.63
+17.9%
7.9%UK£10.60UK£7.70UK£8.5618
Jun ’23UK£8.06
UK£9.71
+20.5%
8.1%UK£10.60UK£7.70UK£8.8518
May ’23UK£8.57
UK£9.73
+13.5%
10.0%UK£10.80UK£7.20UK£9.1417
Apr ’23UK£8.04
UK£9.75
+21.2%
9.8%UK£10.80UK£7.20UK£8.9117
Mar ’23UK£8.18
UK£10.00
+22.4%
6.7%UK£11.20UK£8.85UK£8.1817

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


Discover undervalued companies

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.