ACEA S.p.A.

LSE:0MHD Stock Report

Market Cap: €3.7b

ACEA Valuation

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

Valuation Score

5/6

Valuation Score 5/6

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

Below Fair Value: 0MHD (€17.34) is trading below our estimate of fair value (€39.56)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for 0MHD. This is calculated by dividing 0MHD's market cap by their current earnings.
What is 0MHD's PE Ratio?
PE Ratio10.1x
Earnings€369.47m
Market Cap€3.72b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for 0MHD vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average14x
CNA Centrica
5.7x-10.8%UK£6.2b
TEP Telecom Plus
19.4x11.3%UK£1.4b
NG. National Grid
27.3x15.5%UK£47.1b
DRX Drax Group
3.7x-27.6%UK£2.4b
0MHD ACEA
10.1x-1.0%€3.7b

Price-To-Earnings vs Peers: 0MHD is good value based on its Price-To-Earnings Ratio (10.1x) compared to the peer average (14x).

Price to Earnings Ratio vs Industry

How does 0MHD's PE Ratio compare vs other companies in the Global Integrated Utilities Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
0MHD 10.1xIndustry Avg. 17.3xNo. of Companies7PE0816243240+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0MHD is good value based on its Price-To-Earnings Ratio (10.1x) compared to the Global Integrated Utilities industry average (17.2x).

Price to Earnings Ratio vs Fair Ratio

What is 0MHD'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.

0MHD PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio10.1x
Fair PE Ratio13.3x

Price-To-Earnings vs Fair Ratio: 0MHD is good value based on its Price-To-Earnings Ratio (10.1x) compared to the estimated Fair Price-To-Earnings Ratio (13.3x).

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 0MHD forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€17.34
€19.28
+11.2%
5.4%€21.00€18.40n/a4
Nov ’25€17.37
€18.65
+7.4%
5.9%€20.00€17.00n/a4
Oct ’25€17.62
€18.53
+5.1%
5.8%€20.00€17.00n/a4
Sep ’25€16.50
€18.28
+10.8%
4.2%€19.00€17.00n/a4
Aug ’25€16.11
€18.28
+13.4%
4.2%€19.00€17.00n/a4
Jul ’25€15.19
€18.35
+20.8%
4.5%€19.00€17.00n/a4
Jun ’25€17.28
€18.35
+6.2%
4.5%€19.00€17.00n/a4
May ’25€16.28
€17.60
+8.1%
7.5%€19.00€15.50n/a4
Apr ’25€16.42
€16.60
+1.1%
11.1%€19.10€14.30n/a4
Mar ’25€13.75
€14.13
+2.7%
11.1%€16.60€12.60n/a4
Feb ’25€14.32
€14.13
-1.4%
11.1%€16.60€12.60n/a4
Jan ’25€13.83
€13.80
-0.2%
10.3%€15.80€12.60n/a3
Dec ’24€12.43
€13.60
+9.4%
9.4%€15.80€12.60n/a4
Nov ’24€11.54
€14.37
+24.5%
13.2%€17.00€12.60€17.373
Oct ’24€10.34
€14.37
+38.9%
13.2%€17.00€12.60€17.623
Sep ’24€10.95
€14.37
+31.2%
13.2%€17.00€12.60€16.503
Aug ’24€11.03
€14.37
+30.3%
13.2%€17.00€12.60€16.113
Jul ’24€11.99
€18.33
+52.9%
16.4%€22.50€15.50€15.193
Jun ’24€13.56
€18.33
+35.3%
16.4%€22.50€15.50€17.283
May ’24€13.27
€18.28
+37.7%
14.3%€22.50€15.50€16.284
Apr ’24€12.64
€18.28
+44.6%
14.3%€22.50€15.50€16.424
Mar ’24€13.74
€19.18
+39.6%
13.7%€22.50€15.50€13.754
Feb ’24€14.08
€19.18
+36.2%
13.7%€22.50€15.50€14.324
Jan ’24€13.03
€19.18
+47.2%
13.7%€22.50€15.50€13.834
Dec ’23€13.22
€19.18
+45.0%
13.7%€22.50€15.50€12.434
Nov ’23€12.87
€20.10
+56.2%
10.9%€22.50€17.20€11.543

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

Discover undervalued companies

Centrica

UK£6.2b

Operates as an integrated energy company in the United Kingdom, Ireland, Scandinavia, North America, and internationally.

CNA

UK£1.23

7D

1.0%

1Y

-16.6%

Enagás

€3.3b

Develops, operates, and maintains gas infrastructures in Spain and internationally.

0EBQ

€12.69

7D

0.4%

1Y

-23.5%

Greencoat Renewables

€954.3m

Owns and operates renewable infrastructure in the Republic of Ireland, France, Finland, Germany, Spain, and Sweden.

GRP

€0.85

7D

4.9%

1Y

-11.1%