Clarkson PLC

LSE:CKN Stock Report

Market Cap: UK£1.4b

Clarkson Valuation

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

Discounted Cash Flow
Simply Wall St
UK£81.61
Fair Value
45.6% undervalued intrinsic discount
7
Number of Analysts

Below Fair Value: CKN (£44.4) is trading below our estimate of fair value (£81.61)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for CKN. This is calculated by dividing CKN's market cap by their current earnings.
What is CKN's PE Ratio?
PE Ratio16.6x
EarningsUK£82.30m
Market CapUK£1.37b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for CKN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average9.3x
ICGC Irish Continental Group
13.9xn/aUK£730.7m
WIZZ Wizz Air Holdings
5.5x21.4%UK£1.4b
ZIG Zigup
7.4x5.4%UK£697.9m
FGP FirstGroup
10.4x3.1%UK£984.7m
CKN Clarkson
16.6x2.3%UK£1.4b

Price-To-Earnings vs Peers: CKN is expensive based on its Price-To-Earnings Ratio (16.6x) compared to the peer average (9.3x).

Price to Earnings Ratio vs Industry

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

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
CKN 16.6xIndustry Avg. 8.0xNo. of Companies7PE0612182430+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: CKN is expensive based on its Price-To-Earnings Ratio (16.6x) compared to the European Shipping industry average (8.1x).

Price to Earnings Ratio vs Fair Ratio

What is CKN'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.

CKN PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio16.6x
Fair PE Ratio9.3x

Price-To-Earnings vs Fair Ratio: CKN is expensive based on its Price-To-Earnings Ratio (16.6x) compared to the estimated Fair Price-To-Earnings Ratio (9.3x).

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 CKN forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUK£44.40
UK£49.07
+10.5%
5.6%UK£52.00UK£45.00n/a7
Jan ’26UK£39.55
UK£48.79
+23.4%
6.6%UK£52.00UK£43.00n/a7
Dec ’25UK£39.80
UK£48.79
+22.6%
6.6%UK£52.00UK£43.00n/a7
Nov ’25UK£36.00
UK£49.15
+36.5%
6.7%UK£52.00UK£43.00n/a5
Oct ’25UK£36.35
UK£47.89
+31.7%
7.7%UK£52.00UK£42.45n/a5
Sep ’25UK£38.10
UK£47.89
+25.7%
7.7%UK£52.00UK£42.45n/a5
Aug ’25UK£45.45
UK£47.49
+4.5%
7.1%UK£52.00UK£42.45n/a5
Jul ’25UK£41.45
UK£47.49
+14.6%
7.1%UK£52.00UK£42.45n/a5
Jun ’25UK£41.15
UK£47.49
+15.4%
7.1%UK£52.00UK£42.45n/a5
May ’25UK£39.20
UK£45.06
+14.9%
12.2%UK£52.00UK£35.30n/a5
Apr ’25UK£40.10
UK£44.35
+10.6%
11.9%UK£52.00UK£35.30n/a6
Mar ’25UK£36.75
UK£43.89
+19.4%
11.5%UK£51.00UK£35.30n/a6
Feb ’25UK£34.90
UK£42.63
+22.1%
17.4%UK£51.00UK£27.70n/a6
Jan ’25UK£31.65
UK£41.99
+32.7%
17.3%UK£50.00UK£27.70UK£39.556
Dec ’24UK£29.55
UK£41.74
+41.3%
17.6%UK£50.00UK£27.70UK£39.806
Nov ’24UK£26.75
UK£41.74
+56.0%
17.6%UK£50.00UK£27.70UK£36.006
Oct ’24UK£27.35
UK£43.04
+57.4%
11.9%UK£50.00UK£35.50UK£36.356
Sep ’24UK£26.90
UK£43.04
+60.0%
11.9%UK£50.00UK£35.50UK£38.106
Aug ’24UK£27.95
UK£43.19
+54.5%
11.7%UK£50.00UK£35.50UK£45.456
Jul ’24UK£29.60
UK£43.19
+45.9%
11.7%UK£50.00UK£35.50UK£41.456
Jun ’24UK£29.25
UK£43.03
+47.1%
12.1%UK£50.00UK£35.50UK£41.156
May ’24UK£31.00
UK£43.03
+38.8%
12.1%UK£50.00UK£35.50UK£39.206
Apr ’24UK£30.90
UK£43.03
+39.2%
12.1%UK£50.00UK£35.50UK£40.106
Mar ’24UK£32.85
UK£41.48
+26.3%
10.2%UK£48.00UK£34.00UK£36.756
Feb ’24UK£32.05
UK£41.48
+29.4%
10.2%UK£48.00UK£34.00UK£34.906
Jan ’24UK£32.35
UK£41.60
+28.6%
10.7%UK£47.50UK£34.00UK£31.655
Analyst Price Target
Consensus Narrative from 7 Analysts
UK£49.07
Fair Value
9.5% undervalued intrinsic discount
7
Number of Analysts

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

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/18 09:00
End of Day Share Price 2025/01/17 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

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 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

Clarkson PLC is covered by 17 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
Gerald KhooArbuthnot Securities Limited
James FletcherBerenberg
Robert JoynsonBNP Paribas Exane