EL.En Valuation

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

Valuation Score

4/6

Valuation Score 4/6

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

Below Fair Value: ELN (€9.42) is trading above our estimate of fair value (€7.54)

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


Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

ELN 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/Revenue1.1x
Enterprise Value/EBITDA10.1x
PEG Ratio1.3x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for ELN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average61.1x
DIA DiaSorin
32.2x16.5%€5.4b
IMD I.M.D. International Medical Devices
10.9x15.9%€24.1m
GPI GPI
180.1x47.2%€468.2m
GHC Garofalo Health Care
21.3x10.2%€471.2m
ELN EL.En
16.4x13.1%€754.2m

Price-To-Earnings vs Peers: ELN is good value based on its Price-To-Earnings Ratio (16.4x) compared to the peer average (61.1x).


Price to Earnings Ratio vs Industry

How does ELN's PE Ratio compare vs other companies in the European Medical Equipment Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a18.7%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a18.7%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: ELN is good value based on its Price-To-Earnings Ratio (16.4x) compared to the European Medical Equipment industry average (30.4x).


Price to Earnings Ratio vs Fair Ratio

What is ELN'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.

ELN PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio16.4x
Fair PE Ratio20.5x

Price-To-Earnings vs Fair Ratio: ELN is good value based on its Price-To-Earnings Ratio (16.4x) compared to the estimated Fair Price-To-Earnings Ratio (20.5x).


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 ELN forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€9.42
€12.03
+27.7%
12.1%€13.30€10.00n/a3
Aug ’25€9.54
€12.03
+26.1%
12.1%€13.30€10.00n/a3
Jul ’25€9.37
€12.03
+28.4%
12.1%€13.30€10.00n/a3
Jun ’25€10.06
€12.03
+19.6%
12.1%€13.30€10.00n/a3
May ’25€11.83
€12.23
+3.4%
13.0%€13.60€10.00n/a3
Apr ’25€11.74
€12.23
+4.2%
13.0%€13.60€10.00n/a3
Mar ’25€8.67
€11.23
+29.6%
8.2%€12.20€10.00n/a3
Feb ’25€9.09
€11.23
+23.6%
8.2%€12.20€10.00n/a3
Jan ’25€9.75
€11.23
+15.2%
8.2%€12.20€10.00n/a3
Dec ’24€9.36
€11.23
+20.1%
8.2%€12.20€10.00n/a3
Nov ’24€8.69
€11.83
+36.2%
7.2%€13.00€11.00n/a3
Oct ’24€8.71
€11.83
+35.9%
7.2%€13.00€11.00n/a3
Sep ’24€10.85
€14.77
+36.1%
2.6%€15.30€14.50€10.363
Aug ’24€10.74
€14.77
+37.5%
2.6%€15.30€14.50€9.543
Jul ’24€10.99
€14.77
+34.4%
2.6%€15.30€14.50€9.373
Jun ’24€10.59
€14.77
+39.4%
2.6%€15.30€14.50€10.063
May ’24€11.70
€14.77
+26.2%
2.6%€15.30€14.50€11.833
Apr ’24€12.03
€14.77
+22.7%
2.6%€15.30€14.50€11.743
Mar ’24€15.79
€16.97
+7.5%
8.5%€19.00€15.80€8.673
Feb ’24€14.55
€16.97
+16.6%
8.5%€19.00€15.80€9.093
Jan ’24€14.25
€16.97
+19.1%
8.5%€19.00€15.80€9.753
Dec ’23€14.80
€16.97
+14.6%
8.5%€19.00€15.80€9.363
Nov ’23€12.21
€16.93
+38.7%
8.7%€19.00€15.70€8.693
Oct ’23€11.62
€16.93
+45.7%
8.7%€19.00€15.70€8.713
Sep ’23€13.26
€17.40
+31.2%
6.9%€19.00€16.10€10.853

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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