A.P. Møller - Mærsk A/S

BATS-CHIXE:MAERBC Stock Report

Market Cap: DKK 187.7b

A.P. Møller - Mærsk Valuation

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

Discounted Cash Flow
Simply Wall St
DKK 22.53k
Fair Value
46.9% undervalued intrinsic discount
17
Number of Analysts

Below Fair Value: MAERBC (DKK11957.5) is trading below our estimate of fair value (DKK22534.07)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for MAERBC. This is calculated by dividing MAERBC's market cap by their current earnings.
What is MAERBC's PE Ratio?
PE Ratio4.4x
EarningsUS$6.11b
Market CapUS$26.40b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for MAERBC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average14.6x
CKN Clarkson
16.4x2.7%UK£1.4b
ICGC Irish Continental Group
13.7xn/aUK£711.0m
IAG International Consolidated Airlines Group
6.9x6.8%UK£16.3b
KNIN Kuehne + Nagel International
21.7x5.8%CHF 24.8b
MAERBC A.P. Møller - Mærsk
4.4x-92.1%DKK 187.7b

Price-To-Earnings vs Peers: MAERBC is good value based on its Price-To-Earnings Ratio (4.4x) compared to the peer average (14.6x).

Price to Earnings Ratio vs Industry

How does MAERBC's PE Ratio compare vs other companies in the European Shipping Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No. of Companies8PE0612182430+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: MAERBC is good value based on its Price-To-Earnings Ratio (4.4x) compared to the European Shipping industry average (8.4x).

Price to Earnings Ratio vs Fair Ratio

What is MAERBC'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.

MAERBC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio4.4x
Fair PE Ratio1.7x

Price-To-Earnings vs Fair Ratio: MAERBC is expensive based on its Price-To-Earnings Ratio (4.4x) compared to the estimated Fair Price-To-Earnings Ratio (1.7x).

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 MAERBC forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentDKK 11,957.50
DKK 10,908.41
-8.8%
13.0%DKK 13,842.77DKK 8,355.11n/a17
Feb ’26DKK 10,305.00
DKK 11,608.65
+12.7%
17.0%DKK 15,193.96DKK 8,437.82n/a18
Jan ’26DKK 11,960.00
DKK 12,292.49
+2.8%
17.9%DKK 15,690.13DKK 8,554.46n/a19
Dec ’25DKK 11,965.00
DKK 12,497.40
+4.4%
19.0%DKK 16,159.24DKK 9,116.04n/a18
Nov ’25DKK 11,265.00
DKK 12,011.58
+6.6%
18.6%DKK 15,529.76DKK 8,760.92n/a18
Oct ’25DKK 10,735.00
DKK 12,087.21
+12.6%
20.1%DKK 15,401.31DKK 8,537.88n/a17
Sep ’25DKK 10,050.00
DKK 12,445.01
+23.8%
17.3%DKK 15,423.82DKK 9,189.46n/a17
Aug ’25DKK 11,170.00
DKK 12,841.02
+15.0%
20.3%DKK 17,085.72DKK 9,079.82n/a18
Jul ’25DKK 12,830.00
DKK 12,184.80
-5.0%
22.3%DKK 17,159.32DKK 8,177.61n/a18
Jun ’25DKK 12,497.50
DKK 11,613.09
-7.1%
21.5%DKK 16,698.34DKK 8,093.66n/a18
May ’25DKK 10,135.00
DKK 11,270.01
+11.2%
22.2%DKK 17,731.28DKK 8,252.24n/a17
Apr ’25DKK 8,990.00
DKK 12,025.79
+33.8%
24.6%DKK 17,503.87DKK 8,179.35n/a18
Mar ’25DKK 9,606.00
DKK 12,279.84
+27.8%
24.2%DKK 17,465.81DKK 8,161.56n/a18
Feb ’25DKK 12,455.00
DKK 13,105.63
+5.2%
23.8%DKK 17,364.77DKK 8,190.17DKK 10,305.0017
Jan ’25DKK 12,085.00
DKK 12,101.43
+0.1%
30.3%DKK 19,925.89DKK 8,111.83DKK 11,960.0017
Dec ’24DKK 10,965.00
DKK 12,264.07
+11.8%
29.6%DKK 20,094.42DKK 8,341.26DKK 11,965.0017
Nov ’24DKK 11,920.00
DKK 13,339.69
+11.9%
26.4%DKK 20,440.42DKK 9,304.78DKK 11,265.0017
Oct ’24DKK 12,650.00
DKK 13,864.87
+9.6%
26.0%DKK 20,864.21DKK 9,423.06DKK 10,735.0016
Sep ’24DKK 12,705.00
DKK 14,181.98
+11.6%
25.6%DKK 20,455.16DKK 9,655.31DKK 10,050.0016
Aug ’24DKK 13,745.00
DKK 14,348.07
+4.4%
24.9%DKK 20,506.73DKK 9,477.09DKK 11,170.0016
Jul ’24DKK 12,010.00
DKK 14,277.38
+18.9%
28.9%DKK 23,644.32DKK 9,043.65DKK 12,830.0016
Jun ’24DKK 11,970.00
DKK 14,611.46
+22.1%
29.9%DKK 24,341.88DKK 9,205.18DKK 12,497.5015
May ’24DKK 12,395.00
DKK 14,710.95
+18.7%
29.4%DKK 21,035.45DKK 8,583.06DKK 10,135.0016
Apr ’24DKK 12,480.00
DKK 15,795.61
+26.6%
33.4%DKK 23,855.31DKK 8,715.33DKK 8,990.0015
Mar ’24DKK 16,900.00
DKK 17,272.11
+2.2%
33.4%DKK 28,856.86DKK 10,475.82DKK 9,606.0015
Feb ’24DKK 15,230.00
DKK 18,489.17
+21.4%
33.9%DKK 27,825.95DKK 10,101.57DKK 12,455.0015
Analyst Price Target
Consensus Narrative from 17 Analysts
DKK 10.78k
Fair Value
10.9% overvalued intrinsic discount
17
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/17 20:04
End of Day Share Price 2025/02/14 00:00
Earnings2024/12/31
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

A.P. Møller - Mærsk A/S is covered by 45 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
Robert Jan VosABN AMRO Bank N.V.
Hélène CoumesAlphaValue