Indel B Valuation

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

Below Fair Value: INDB (€22) is trading below our estimate of fair value (€27.08)

Significantly Below Fair Value: INDB 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 INDB?

Other financial metrics that can be useful for relative valuation.

INDB key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.7x
Enterprise Value/EBITDA8.1x
PEG Ratio0.6x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for INDB vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average22.5x
ELC Elica
43.5x73.2%€108.0m
EM Emak
13.7x31.8%€158.1m
SAB Sabaf
17.9x22.7%€230.3m
DLG De'Longhi
14.9x8.9%€4.1b
INDB Indel B
12.6x21.0%€116.3m

Price-To-Earnings vs Peers: INDB is good value based on its Price-To-Earnings Ratio (12.6x) compared to the peer average (22.5x).


Price to Earnings Ratio vs Industry

How does INDB's PE Ratio compare vs other companies in the European Consumer Durables Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a12.6%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a12.6%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: INDB is good value based on its Price-To-Earnings Ratio (12.6x) compared to the European Consumer Durables industry average (13.3x).


Price to Earnings Ratio vs Fair Ratio

What is INDB'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.

INDB PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio12.6x
Fair PE Ratio15.6x

Price-To-Earnings vs Fair Ratio: INDB is good value based on its Price-To-Earnings Ratio (12.6x) compared to the estimated Fair Price-To-Earnings Ratio (15.6x).


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 INDB forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€22.00
€28.70
+30.5%
6.4%€31.00€26.50n/a3
Oct ’25€22.00
€28.70
+30.5%
6.4%€31.00€26.50n/a3
Sep ’25€23.00
€28.70
+24.8%
6.4%€31.00€26.50n/a3
Aug ’25€21.40
€28.70
+34.1%
6.4%€31.00€26.50n/a3
Jul ’25€23.00
€28.70
+24.8%
6.4%€31.00€26.50n/a3
Jun ’25€22.20
€28.70
+29.3%
6.4%€31.00€26.50n/a3
May ’25€22.60
€28.70
+27.0%
6.4%€31.00€26.50n/a3
Apr ’25€23.70
€31.37
+32.3%
1.4%€32.00€31.00n/a3
Mar ’25€23.00
€31.37
+36.4%
1.4%€32.00€31.00n/a3
Feb ’25€23.80
€31.37
+31.8%
1.4%€32.00€31.00n/a3
Jan ’25€24.00
€31.37
+30.7%
1.4%€32.00€31.00n/a3
Dec ’24€24.20
€31.37
+29.6%
1.4%€32.00€31.00n/a3
Nov ’24€23.50
€31.37
+33.5%
1.4%€32.00€31.00n/a3
Oct ’24€23.40
€32.60
+39.3%
1.4%€33.10€32.00€22.003
Sep ’24€22.90
€32.93
+43.8%
0.5%€33.10€32.70€23.003
Aug ’24€23.20
€32.93
+42.0%
0.5%€33.10€32.70€21.403
Jul ’24€23.00
€30.27
+31.6%
12.3%€33.10€25.00€23.003
Jun ’24€24.20
€30.27
+25.1%
12.3%€33.10€25.00€22.203
Apr ’24€24.50
€26.80
+9.4%
6.7%€28.60€25.00€23.702
Mar ’24€25.00
€26.80
+7.2%
6.7%€28.60€25.00€23.002
Feb ’24€23.80
€26.80
+12.6%
6.7%€28.60€25.00€23.802
Jan ’24€25.10
€26.80
+6.8%
6.7%€28.60€25.00€24.002
Dec ’23€22.60
€26.80
+18.6%
6.7%€28.60€25.00€24.202
Nov ’23€20.20
€26.80
+32.7%
6.7%€28.60€25.00€23.502
Oct ’23€23.90
€26.80
+12.1%
6.7%€28.60€25.00€23.402

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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