EuroGroup Laminations S.p.A.

BIT:EGLA Stock Report

Market Cap: €442.1m

EuroGroup Laminations Valuation

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

Below Fair Value: EGLA (€2.72) is trading below our estimate of fair value (€3.17)

Significantly Below Fair Value: EGLA 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 EGLA?

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

The above table shows the Price to Earnings ratio for EGLA. This is calculated by dividing EGLA's market cap by their current earnings.
What is EGLA's PE Ratio?
PE Ratio18.8x
Earnings€23.51m
Market Cap€442.12m

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for EGLA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average10x
CMB Cembre
17.7x8.6%€669.4m
IRC IRCE
6.8x33.2%€59.3m
ESPE Espe
12.8xn/a€31.9m
ATON ATON Green Storage
2.6x-58.9%€14.6m
EGLA EuroGroup Laminations
18.8x41.1%€442.1m

Price-To-Earnings vs Peers: EGLA is expensive based on its Price-To-Earnings Ratio (18.8x) compared to the peer average (10x).


Price to Earnings Ratio vs Industry

How does EGLA's PE Ratio compare vs other companies in the European Electrical Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
EGLA 18.8xIndustry Avg. 16.6xNo. of Companies9PE01224364860+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: EGLA is expensive based on its Price-To-Earnings Ratio (18.8x) compared to the European Electrical industry average (16.9x).


Price to Earnings Ratio vs Fair Ratio

What is EGLA'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.

EGLA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio18.8x
Fair PE Ratio26.8x

Price-To-Earnings vs Fair Ratio: EGLA is good value based on its Price-To-Earnings Ratio (18.8x) compared to the estimated Fair Price-To-Earnings Ratio (26.8x).


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 EGLA forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€2.72
€4.92
+81.0%
11.6%€6.00€4.40n/a5
Nov ’25€3.43
€5.14
+49.9%
9.7%€6.00€4.50n/a5
Oct ’25€3.28
€5.14
+56.7%
9.7%€6.00€4.50n/a5
Sep ’25€3.69
€5.14
+39.1%
9.7%€6.00€4.50n/a5
Aug ’25€3.41
€5.32
+55.8%
6.9%€6.00€5.00n/a5
Jul ’25€4.13
€5.32
+28.9%
6.9%€6.00€5.00n/a5
Jun ’25€4.24
€5.32
+25.5%
6.9%€6.00€5.00n/a5
May ’25€4.10
€5.32
+29.8%
6.9%€6.00€5.00n/a5
Apr ’25€3.77
€5.33
+41.1%
7.7%€6.00€5.00n/a4
Mar ’25€3.46
€5.75
+66.1%
9.7%€6.50€5.00n/a4
Feb ’25€3.07
€6.00
+95.3%
5.9%€6.50€5.50n/a4
Jan ’25€3.88
€6.00
+54.6%
5.9%€6.50€5.50n/a4
Dec ’24€3.59
€6.00
+66.9%
5.9%€6.50€5.50n/a4
Nov ’24€3.10
€6.73
+117.2%
6.8%€7.20€6.00€3.434
Oct ’24€4.18
€6.75
+61.4%
7.1%€7.30€6.00€3.284
Sep ’24€5.00
€6.67
+33.4%
8.0%€7.30€6.00€3.693
Aug ’24€5.01
€6.57
+31.2%
11.1%€7.60€6.00€3.413
Jul ’24€6.57
€6.57
-0.05%
11.1%€7.60€6.00€4.133
Jun ’24€6.18
€6.57
+6.3%
11.1%€7.60€6.00€4.243
May ’24€5.30
€6.57
+23.9%
11.1%€7.60€6.00€4.103
Apr ’24€4.85
€6.57
+35.4%
11.1%€7.60€6.00€3.773

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.


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