HELLENiQ ENERGY Holdings S.A.

ATSE:ELPE Stock Report

Market Cap: €2.0b

HELLENiQ ENERGY Holdings Valuation

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

Valuation Score

0/6

Valuation Score 0/6

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

Below Fair Value: ELPE (€6.68) is trading above our estimate of fair value (€5.38)

Significantly Below Fair Value: ELPE is trading above our estimate of fair value.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for ELPE. This is calculated by dividing ELPE's market cap by their current earnings.
What is ELPE's PE Ratio?
PE Ratio75.3x
Earnings€27.10m
Market Cap€2.04b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for ELPE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average15.3x
MOH Motor Oil (Hellas) Corinth Refineries
6.7x-11.1%€2.1b
REVOIL Revoil
18.4xn/a€34.6m
TOP Thai Oil
8.9x21.5%฿90.5b
CVI CVR Energy
27.3x26.2%US$1.9b
ELPE HELLENiQ ENERGY Holdings
75.3x25.0%€2.0b

Price-To-Earnings vs Peers: ELPE is expensive based on its Price-To-Earnings Ratio (75.3x) compared to the peer average (15.3x).

Price to Earnings Ratio vs Industry

How does ELPE's PE Ratio compare vs other companies in the European Oil and Gas Industry?

5 CompaniesPrice / EarningsEstimated GrowthMarket Cap
ELPE 75.3xIndustry Avg. 9.2xNo. of Companies18PE0612182430+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ELPE is expensive based on its Price-To-Earnings Ratio (75.3x) compared to the European Oil and Gas industry average (9.2x).

Price to Earnings Ratio vs Fair Ratio

What is ELPE'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.

ELPE PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio75.3x
Fair PE Ratio7.1x

Price-To-Earnings vs Fair Ratio: ELPE is expensive based on its Price-To-Earnings Ratio (75.3x) compared to the estimated Fair Price-To-Earnings Ratio (7.1x).

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 ELPE forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€6.68
€7.86
+17.8%
14.7%€9.70€6.30n/a8
Nov ’25€6.80
€7.86
+15.5%
14.8%€9.70€6.30n/a8
Oct ’25€7.04
€8.19
+16.3%
14.2%€9.70€6.30n/a8
Sep ’25€7.14
€8.25
+15.5%
13.5%€9.70€6.30n/a8
Aug ’25€7.32
€8.42
+15.0%
10.3%€9.70€7.20n/a8
Jul ’25€7.82
€8.48
+8.5%
10.8%€9.70€7.20n/a7
Jun ’25€8.36
€8.44
+1.0%
10.2%€9.50€7.20n/a7
May ’25€8.43
€8.26
-2.0%
9.7%€9.40€7.20n/a6
Apr ’25€8.34
€8.26
-0.9%
9.7%€9.40€7.20n/a6
Mar ’25€8.22
€7.93
-3.5%
15.1%€9.40€6.40n/a6
Feb ’25€7.34
€8.15
+11.1%
15.7%€9.70€6.40n/a7
Jan ’25€7.28
€7.95
+9.1%
15.0%€9.40€6.40n/a6
Dec ’24€7.58
€7.80
+2.9%
14.7%€9.40€6.40n/a6
Nov ’24€7.30
€7.73
+5.9%
16.0%€9.40€6.00€6.806
Oct ’24€7.41
€7.54
+1.8%
16.6%€9.50€6.00€7.045
Sep ’24€8.16
€7.82
-4.2%
16.6%€9.50€6.00€7.146
Aug ’24€8.17
€7.82
-4.3%
16.6%€9.50€6.00€7.326
Jul ’24€7.83
€7.77
-0.8%
16.7%€9.50€6.00€7.826
Jun ’24€7.82
€8.18
+4.6%
12.6%€9.50€6.70€8.365
May ’24€7.20
€8.28
+15.0%
12.3%€9.50€6.70€8.435
Apr ’24€7.56
€8.28
+9.5%
12.3%€9.50€6.70€8.345
Mar ’24€8.30
€8.67
+4.5%
8.3%€9.50€7.70€8.224
Feb ’24€7.68
€8.63
+12.3%
9.1%€9.50€7.50€7.344
Jan ’24€7.59
€8.48
+11.7%
8.4%€9.50€7.50€7.284
Dec ’23€7.21
€8.17
+13.3%
5.0%€8.60€7.50€7.584
Nov ’23€6.52
€8.10
+24.2%
6.6%€8.60€7.20€7.304

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

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