DSV A/S

BATS-CHIXE:DSVC Stock Report

Market Cap: DKK 332.2b

DSV Valuation

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

Valuation Score

3/6

Valuation Score 3/6

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

DKK 2.44k
Fair Value
42.4% undervalued intrinsic discount
18
Number of Analysts

Below Fair Value: DSVC (DKK1407.5) is trading below our estimate of fair value (DKK2443.11)

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


Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for DSVC. This is calculated by dividing DSVC's market cap by their current earnings.
What is DSVC's PE Ratio?
PE Ratio35.1x
EarningsDKK 9.48b
Market CapDKK 332.21b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for DSVC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average12.2x
IAG International Consolidated Airlines Group
7.1x3.36%UK£19.5b
DHL Deutsche Post
13x6.37%€43.9b
FDX FedEx
14.4x8.96%US$59.7b
UPS United Parcel Service
14.4x7.59%US$79.7b
35.1x24.40%DKK 332.2b

Price-To-Earnings vs Peers: DSVC is expensive based on its Price-To-Earnings Ratio (35.1x) compared to the peer average (12.2x).


Price to Earnings Ratio vs Industry

How does DSVC's PE Ratio compare vs other companies in the European Logistics Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
No. of Companies5PE0816243240+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: DSVC is expensive based on its Price-To-Earnings Ratio (35.1x) compared to the European Logistics industry average (14.8x).


Price to Earnings Ratio vs Fair Ratio

What is DSVC'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.

DSVC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio35.1x
Fair PE Ratio25.1x

Price-To-Earnings vs Fair Ratio: DSVC is expensive based on its Price-To-Earnings Ratio (35.1x) compared to the estimated Fair Price-To-Earnings Ratio (25.1x).


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 DSVC forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentDKK 1,407.50
DKK 1,782.00
+26.61%
8.48%DKK 2,094.00DKK 1,481.00n/a18
Oct ’26DKK 1,278.75
DKK 1,774.00
+38.73%
8.08%DKK 2,040.00DKK 1,481.00n/a18
Sep ’26DKK 1,419.75
DKK 1,779.06
+25.31%
7.45%DKK 2,000.00DKK 1,481.00n/a18
Aug ’26DKK 1,424.00
DKK 1,783.67
+25.26%
7.38%DKK 2,000.00DKK 1,499.00n/a18
Jul ’26DKK 1,517.50
DKK 1,773.72
+16.88%
8.44%DKK 2,000.00DKK 1,490.00n/a18
Jun ’26DKK 1,558.75
DKK 1,733.11
+11.19%
7.45%DKK 2,000.00DKK 1,490.00n/a19
May ’26DKK 1,392.00
DKK 1,723.31
+23.80%
11.31%DKK 2,300.00DKK 1,363.00n/a16
Apr ’26DKK 1,368.00
DKK 1,784.44
+30.44%
8.66%DKK 2,300.00DKK 1,600.00n/a16
Mar ’26DKK 1,451.00
DKK 1,780.73
+22.72%
8.93%DKK 2,300.00DKK 1,600.00n/a15
Feb ’26DKK 1,438.00
DKK 1,808.33
+25.75%
9.13%DKK 2,300.00DKK 1,600.00n/a15
Jan ’26n/a
DKK 1,804.67
0%
9.08%DKK 2,300.00DKK 1,600.00n/a15
Dec ’25DKK 1,483.00
DKK 1,721.79
+16.10%
7.64%DKK 2,000.00DKK 1,450.00n/a14
Nov ’25DKK 1,520.75
DKK 1,631.07
+7.25%
15.27%DKK 2,000.00DKK 1,100.00DKK 1,383.7514
Oct ’25DKK 1,366.50
DKK 1,568.18
+14.76%
13.30%DKK 1,900.00DKK 1,120.00DKK 1,278.7511
Sep ’25DKK 1,239.25
DKK 1,440.31
+16.22%
10.70%DKK 1,670.00DKK 1,100.00DKK 1,419.7516
Aug ’25DKK 1,256.25
DKK 1,431.94
+13.99%
10.66%DKK 1,640.00DKK 1,100.00DKK 1,424.0016
Jul ’25DKK 1,066.75
DKK 1,404.13
+31.63%
12.39%DKK 1,652.00DKK 1,040.00DKK 1,517.5016
Jun ’25DKK 1,049.25
DKK 1,405.75
+33.98%
12.72%DKK 1,690.00DKK 1,040.00DKK 1,558.7516
May ’25DKK 998.10
DKK 1,409.50
+41.22%
12.35%DKK 1,690.00DKK 1,080.00DKK 1,392.0016
Apr ’25DKK 1,119.25
DKK 1,443.24
+28.95%
12.32%DKK 1,690.00DKK 1,080.00DKK 1,368.0017
Mar ’25DKK 1,100.50
DKK 1,458.82
+32.56%
11.35%DKK 1,690.00DKK 1,120.00DKK 1,451.0017
Feb ’25DKK 1,268.00
DKK 1,451.41
+14.46%
11.53%DKK 1,674.00DKK 1,120.00DKK 1,438.0017
Jan ’25DKK 1,180.75
DKK 1,417.00
+20.01%
13.28%DKK 1,674.00DKK 1,060.00n/a17
Dec ’24n/a
DKK 1,399.65
0%
13.29%DKK 1,674.00DKK 1,060.00DKK 1,483.0017
Nov ’24DKK 1,055.50
DKK 1,407.06
+33.31%
14.13%DKK 1,800.00DKK 1,060.00DKK 1,520.7517
DKK 1.78k
Fair Value
21.0% undervalued intrinsic discount
18
Number of Analysts

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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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/05 21:47
End of Day Share Price 2025/11/05 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

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

DSV A/S is covered by 39 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
David FintzenBarclays
Marco LimiteBarclays