Oeneo SA

LSE:0O33 Stock Report

Market Cap: €637.9m

Oeneo Valuation

Is 0O33 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • 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 0O33 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 0O33 (€9.88) is trading above our estimate of fair value (€9.18)

Significantly Below Fair Value: 0O33 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0O33?

Key metric: As 0O33 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 0O33. This is calculated by dividing 0O33's market cap by their current earnings.
What is 0O33's PE Ratio?
PE Ratio22.1x
Earnings€28.85m
Market Cap€637.85m

Price to Earnings Ratio vs Peers

How does 0O33's PE Ratio compare to its peers?

The above table shows the PE ratio for 0O33 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average40.1x
PAF Pan African Resources
10.8x29.0%UK£643.0m
ATYM Atalaya Mining
22.5x40.0%UK£488.4m
VCT Victrex
24.6x37.8%UK£749.6m
IBST Ibstock
102.4x36.5%UK£738.9m
0O33 Oeneo
22.1x9.1%€637.9m

Price-To-Earnings vs Peers: 0O33 is good value based on its Price-To-Earnings Ratio (22.1x) compared to the peer average (39.8x).

Price to Earnings Ratio vs Industry

How does 0O33's PE Ratio compare vs other companies in the European Packaging Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
0O33 22.1xIndustry Avg. 18.0xNo. of Companies7PE01020304050+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0O33 is expensive based on its Price-To-Earnings Ratio (22.1x) compared to the European Packaging industry average (18x).

Price to Earnings Ratio vs Fair Ratio

What is 0O33'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.

0O33 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio22.1x
Fair PE Ratio13.3x

Price-To-Earnings vs Fair Ratio: 0O33 is expensive based on its Price-To-Earnings Ratio (22.1x) compared to the estimated Fair Price-To-Earnings Ratio (13.3x).

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 0O33 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€9.88
€12.27
+24.2%
2.7%€12.50€11.80n/a3
Nov ’25€9.62
€12.47
+29.6%
1.6%€12.70€12.20n/a3
Oct ’25€10.35
€12.47
+20.5%
1.6%€12.70€12.20n/a3
Sep ’25€10.00
€12.47
+24.7%
1.6%€12.70€12.20n/a3
Aug ’25€10.70
€12.47
+16.5%
1.6%€12.70€12.20n/a3
Jul ’25€11.15
€12.47
+11.8%
1.6%€12.70€12.20n/a3
Jun ’25€11.75
€12.40
+5.5%
0.8%€12.50€12.30n/a2
May ’25€10.30
€12.45
+20.9%
0.4%€12.50€12.40n/a2
Apr ’25€10.15
€12.87
+26.8%
4.6%€13.70€12.40n/a3
Mar ’25€10.95
€12.87
+17.5%
4.6%€13.70€12.40n/a3
Feb ’25€11.80
€12.87
+9.0%
4.6%€13.70€12.40n/a3
Jan ’25€12.80
€13.53
+5.7%
3.4%€14.00€12.90n/a3
Dec ’24€13.35
€13.57
+1.6%
3.1%€14.00€13.00n/a3
Nov ’24€13.20
€14.33
+8.6%
5.8%€15.50€13.70€9.623
Oct ’24€14.00
€14.33
+2.4%
5.8%€15.50€13.70€10.353
Sep ’24€14.00
€14.43
+3.1%
5.3%€15.50€13.80€10.003
Aug ’24€13.85
€14.43
+4.2%
5.3%€15.50€13.80€10.703
Jul ’24€14.01
€15.07
+7.5%
2.2%€15.50€14.70€11.153
Jun ’24€14.30
€15.07
+5.4%
2.2%€15.50€14.70€11.753
May ’24€14.58
€15.10
+3.6%
2.6%€15.50€14.70€10.302
Apr ’24€13.55
€15.10
+11.4%
2.6%€15.50€14.70€10.152
Mar ’24€15.25
€15.10
-1.0%
2.6%€15.50€14.70€10.952
Feb ’24€14.20
€15.10
+6.3%
2.6%€15.50€14.70€11.802
Jan ’24€14.50
€15.10
+4.1%
2.6%€15.50€14.70€12.802
Dec ’23€14.09
€15.10
+7.2%
2.6%€15.50€14.70€13.352

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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