Deere & Company

BIT:1DE Stock Report

Market Cap: €122.5b

Deere Valuation

Is 1DE 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 1DE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
€560.42
Fair Value
20.0% undervalued intrinsic discount
22
Number of Analysts

Below Fair Value: 1DE (€447.9) is trading below our estimate of fair value (€559.63)

Significantly Below Fair Value: 1DE is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 1DE?

Key metric: As 1DE is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 1DE. This is calculated by dividing 1DE's market cap by their current earnings.
What is 1DE's PE Ratio?
PE Ratio24.4x
EarningsUS$5.65b
Market CapUS$138.32b

Price to Earnings Ratio vs Peers

How does 1DE's PE Ratio compare to its peers?

The above table shows the PE ratio for 1DE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average57.1x
COM Comer Industries
12.8x5.74%€859.5m
LDO Leonardo
31.8x13.64%€31.3b
PRY Prysmian
24x16.07%€16.7b
FCT Fincantieri
159.7x50.28%€5.3b
1DE Deere
24.5x12.33%€138.4b

Price-To-Earnings vs Peers: 1DE is good value based on its Price-To-Earnings Ratio (24.5x) compared to the peer average (57x).

Price to Earnings Ratio vs Industry

How does 1DE's PE Ratio compare vs other companies in the IT Machinery Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
1DE 24.4xIndustry Avg. 19.7xNo. of Companies5PE01224364860+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 1DE is expensive based on its Price-To-Earnings Ratio (24.5x) compared to the European Machinery industry average (19.7x).

Price to Earnings Ratio vs Fair Ratio

What is 1DE'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.

1DE PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio24.4x
Fair PE Ratio30.4x

Price-To-Earnings vs Fair Ratio: 1DE is good value based on its Price-To-Earnings Ratio (24.5x) compared to the estimated Fair Price-To-Earnings Ratio (30.4x).

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 1DE forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€448.60
€470.40
+4.86%
8.37%€544.91€382.05n/a22
May ’26€403.70
€428.80
+6.22%
9.13%€510.30€350.12n/a22
Apr ’26€441.60
€456.60
+3.40%
9.04%€540.38€370.76n/a22
Mar ’26€462.55
€471.23
+1.88%
8.32%€524.87€384.52n/a22
Feb ’26€459.80
€453.48
-1.37%
10.34%€527.23€327.08n/a22
Jan ’26€409.00
€445.15
+8.84%
11.30%€527.12€327.02n/a22
Dec ’25€443.40
€432.39
-2.48%
11.61%€512.61€325.10n/a21
Nov ’25€369.60
€381.72
+3.28%
10.17%€456.82€313.14n/a22
Oct ’25€377.40
€369.21
-2.17%
9.83%€445.75€306.17n/a22
Sep ’25€344.35
€370.35
+7.55%
9.21%€442.28€303.79n/a22
Aug ’25€332.25
€384.22
+15.64%
8.78%€454.71€313.24n/a22
Jul ’25€341.90
€394.12
+15.27%
8.78%€462.53€318.63n/a24
Jun ’25€339.40
€390.40
+15.03%
8.90%€456.29€312.49n/a23
May ’25€367.90
€396.18
+7.69%
9.11%€465.84€323.74€403.7026
Apr ’25€380.20
€382.81
+0.69%
8.48%€452.31€314.97€441.6026
Mar ’25€335.80
€383.04
+14.07%
7.72%€445.33€317.17€462.5526
Feb ’25€359.80
€387.36
+7.66%
8.17%€450.06€321.34€459.8025
Jan ’25€360.50
€392.35
+8.83%
8.39%€458.00€334.44€409.0024
Dec ’24€338.80
€387.03
+14.24%
8.76%€449.32€328.10€443.4024
Nov ’24€347.80
€414.31
+19.12%
8.60%€481.90€358.12€369.6024
Oct ’24€358.70
€415.36
+15.80%
8.41%€479.04€355.99€377.4024
Sep ’24€386.20
€413.15
+6.98%
9.94%€505.71€347.85€344.3524
Aug ’24€395.80
€407.57
+2.97%
11.51%€506.69€332.06€332.2524
Jul ’24€373.30
€409.40
+9.67%
11.38%€515.26€337.68€341.9024
Jun ’24€328.40
€416.79
+26.92%
11.01%€522.54€342.45€339.4025
May ’24€339.50
€436.39
+28.54%
9.95%€544.13€339.74€367.9025
AnalystConsensusTarget
Consensus Narrative from 22 Analysts
€471.89
Fair Value
4.9% undervalued intrinsic discount
22
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 Analysis2025/05/28 22:56
End of Day Share Price 2025/05/28 00:00
Earnings2025/04/27
Annual Earnings2024/10/27

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

Deere & Company is covered by 60 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
John EadeArgus Research Company
Igor MaryasisAvondale Partners
Mircea DobreBaird