Eutelsat Group Valuation

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

Below Fair Value: ETL (€4.27) is trading above our estimate of fair value (€0.88)

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


Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

ETL 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/Revenue4x
Enterprise Value/EBITDA5.2x
PEG Ratio-11.2x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for ETL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average32.2x
ITV ITV
13.3x16.1%UK£2.8b
FOUR 4imprint Group
20.6x7.1%UK£1.8b
YOU YouGov
44.7x39.4%UK£1.0b
BCG Baltic Classifieds Group
50.2x25.2%UK£1.2b
ETL Eutelsat Group
25.1x-2.2%€1.8b

Price-To-Earnings vs Peers: ETL is good value based on its Price-To-Earnings Ratio (25.1x) compared to the peer average (32.2x).


Price to Earnings Ratio vs Industry

How does ETL's PE Ratio compare vs other companies in the European Media Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a21.4%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a21.4%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: ETL is expensive based on its Price-To-Earnings Ratio (25.1x) compared to the European Media industry average (14.1x).


Price to Earnings Ratio vs Fair Ratio

What is ETL'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.

ETL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio25.1x
Fair PE Ratio17.4x

Price-To-Earnings vs Fair Ratio: ETL is expensive based on its Price-To-Earnings Ratio (25.1x) compared to the estimated Fair Price-To-Earnings Ratio (17.4x).


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 ETL forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€4.27
€4.16
-2.6%
47.7%€9.50€3.00n/a9
Apr ’25€4.27
€4.47
+4.8%
48.0%€9.50€3.00n/a7
Mar ’25€4.27
€4.48
+4.9%
44.7%€9.50€3.00n/a8
Feb ’25€4.27
€4.73
+10.8%
42.5%€9.50€3.00n/a8
Jan ’25€4.26
€4.97
+16.8%
40.8%€9.50€3.00n/a7
Dec ’24€3.88
€5.84
+50.8%
30.1%€9.50€4.00n/a7
Nov ’24€4.10
€7.81
+90.5%
34.8%€14.00€5.30n/a8
Oct ’24€5.50
€8.13
+47.7%
32.0%€14.00€5.30n/a8
Sep ’24€5.57
€8.13
+45.8%
32.0%€14.00€5.30n/a8
Aug ’24€6.23
€8.09
+29.8%
32.6%€14.00€5.30n/a8
Jul ’24€5.99
€8.29
+38.4%
30.7%€14.00€5.40n/a8
Jun ’24€5.94
€8.36
+40.7%
29.4%€14.00€6.00n/a8
May ’24€5.99
€8.43
+40.8%
29.7%€14.00€6.00€4.278
Apr ’24€6.13
€8.81
+43.7%
27.2%€14.00€6.00€4.279
Mar ’24€6.62
€9.04
+36.5%
23.8%€14.00€6.00€4.2710
Feb ’24€7.00
€9.74
+39.1%
22.2%€14.00€6.00€4.2710
Jan ’24€7.02
€9.94
+41.5%
22.7%€14.00€6.00€4.2610
Dec ’23€7.75
€9.94
+28.3%
22.7%€14.00€6.00€3.8810
Nov ’23€10.01
€10.14
+1.3%
23.9%€14.00€6.00€4.1010
Oct ’23€7.85
€10.54
+34.4%
22.1%€14.00€6.00€5.509
Sep ’23€9.06
€10.24
+13.0%
23.3%€14.00€6.00€5.5710
Aug ’23€7.49
€10.92
+45.8%
21.7%€14.00€6.00€6.2310
Jul ’23€10.93
€11.92
+9.0%
11.7%€14.00€8.40€5.9911
Jun ’23€11.15
€11.81
+5.9%
11.8%€14.00€8.40€5.9411
May ’23€10.63
€11.90
+12.0%
11.8%€14.00€8.40€5.9911

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


Discover undervalued companies

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.