Ceconomy Valuation

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

Valuation Score

4/6

Valuation Score 4/6

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

Discounted Cash Flow
Simply Wall St
€3.97
Fair Value
30.7% undervalued intrinsic discount
7
Number of Analysts

Below Fair Value: 0MPM (€2.75) is trading below our estimate of fair value (€3.97)

Significantly Below Fair Value: 0MPM is trading below fair value by more than 20%.


Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for 0MPM. This is calculated by dividing 0MPM's market cap by their current earnings.
What is 0MPM's PE Ratio?
PE Ratio17.7x
Earnings€76.00m
Market Cap€1.34b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for 0MPM vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average19.9x
CURY Currys
17.2x13.3%UK£963.5m
AO. AO World
21.2x18.3%UK£560.2m
PETS Pets at Home Group
10.5x11.3%UK£957.8m
WOSG Watches of Switzerland Group
30.8x26.8%UK£1.3b
0MPM Ceconomy
17.7x37.1%€1.3b

Price-To-Earnings vs Peers: 0MPM is good value based on its Price-To-Earnings Ratio (17.7x) compared to the peer average (19.9x).


Price to Earnings Ratio vs Industry

How does 0MPM's PE Ratio compare vs other companies in the GB Specialty Retail Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
WRKS TheWorks.co.uk
1xn/aUS$16.04m
No more companies available in this PE range
0MPM 17.7xIndustry Avg. 12.8xNo. of Companies4PE0816243240+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0MPM is expensive based on its Price-To-Earnings Ratio (17.7x) compared to the UK Specialty Retail industry average (12.8x).


Price to Earnings Ratio vs Fair Ratio

What is 0MPM'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.

0MPM PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio17.7x
Fair PE Ratio21.5x

Price-To-Earnings vs Fair Ratio: 0MPM is good value based on its Price-To-Earnings Ratio (17.7x) compared to the estimated Fair Price-To-Earnings Ratio (21.5x).


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 0MPM forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€2.75
€3.17
+15.3%
7.9%€3.50€2.70n/a7
Jan ’26€2.62
€3.13
+19.3%
8.0%€3.50€2.70n/a7
Dec ’25€3.20
€3.00
-6.3%
10.9%€3.50€2.60n/a8
Nov ’25€2.98
€3.00
+0.6%
10.9%€3.50€2.60n/a8
Oct ’25€3.24
€3.00
-7.5%
10.9%€3.50€2.60n/a8
Sep ’25€2.67
€3.00
+12.5%
10.9%€3.50€2.60n/a8
Aug ’25€2.68
€2.94
+9.8%
12.5%€3.50€2.50n/a8
Jul ’25€3.00
€2.93
-2.2%
13.4%€3.50€2.50n/a7
Jun ’25€3.07
€2.76
-10.1%
11.1%€3.40€2.50n/a7
May ’25€2.17
€2.27
+4.7%
14.7%€2.80€1.90n/a8
Apr ’25€1.86
€2.27
+21.9%
14.7%€2.80€1.90n/a8
Mar ’25€2.02
€2.34
+15.7%
15.9%€2.90€1.90n/a9
Feb ’25€2.23
€2.34
+4.7%
15.9%€2.90€1.90n/a9
Jan ’25€2.47
€2.34
-5.3%
15.9%€2.90€1.90€2.629
Dec ’24€2.22
€2.28
+2.4%
16.0%€2.90€1.80€3.209
Nov ’24€1.75
€2.28
+30.3%
16.0%€2.90€1.80€2.989
Oct ’24€1.99
€2.37
+18.7%
17.8%€3.10€1.80€3.249
Sep ’24€2.44
€2.37
-2.7%
17.9%€3.10€1.80€2.679
Aug ’24€2.64
€2.35
-10.9%
17.0%€3.10€1.80€2.689
Jul ’24€2.26
€2.27
+0.5%
15.6%€2.70€1.80€3.009
Jun ’24€2.19
€2.07
-5.5%
18.5%€2.70€1.60€3.079
May ’24€2.76
€1.90
-31.1%
17.9%€2.70€1.60€2.179
Apr ’24€2.49
€1.80
-27.7%
9.4%€2.10€1.60€1.869
Mar ’24€2.53
€1.80
-28.9%
9.4%€2.10€1.60€2.029
Feb ’24€2.23
€1.71
-23.5%
13.1%€2.00€1.20€2.239
Jan ’24€1.87
€2.09
+11.4%
61.8%€5.90€1.20€2.4710
Analyst Price Target
Consensus Narrative from 7 Analysts
€3.15
Fair Value
12.7% undervalued intrinsic discount
7
Number of Analysts

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


Discover undervalued companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/27 13:21
End of Day Share Price 2025/01/24 00:00
Earnings2024/09/30
Annual Earnings2024/09/30

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 here.

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 .

Analyst Sources

Ceconomy AG is covered by 53 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Pierre-Yves GauthierAlphaValue
Fabrice FarigouleAlphaValue
Volker BosseBaader Helvea Equity Research