Chewy, Inc.

BIT:1CHWY Stock Report

Market Cap: €12.4b

Chewy Valuation

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

Below Fair Value: 1CHWY (€30.3) is trading below our estimate of fair value (€49.73)

Significantly Below Fair Value: 1CHWY is trading below fair value by more than 20%.


Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for 1CHWY. This is calculated by dividing 1CHWY's market cap by their current earnings.
What is 1CHWY's PE Ratio?
PE Ratio95.6x
EarningsUS$151.14m
Market CapUS$14.45b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for 1CHWY vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average23.7x
DKS DICK'S Sporting Goods
19.3x12.20%US$19.6b
FIVE Five Below
31.7x9.74%US$9.8b
1929 Chow Tai Fook Jewellery Group
21.5x20.02%HK$127.3b
ULTA Ulta Beauty
22.4x4.81%US$26.6b
1CHWY Chewy
95.6x29.00%€14.5b

Price-To-Earnings vs Peers: 1CHWY is expensive based on its Price-To-Earnings Ratio (95.6x) compared to the peer average (23.7x).


Price to Earnings Ratio vs Industry

How does 1CHWY's PE Ratio compare vs other companies in the European Specialty Retail Industry?

6 CompaniesPrice / EarningsEstimated GrowthMarket Cap
1CHWY 95.6xIndustry Avg. 17.9xNo. of Companies16PE01224364860+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 1CHWY is expensive based on its Price-To-Earnings Ratio (95.6x) compared to the European Specialty Retail industry average (17.8x).


Price to Earnings Ratio vs Fair Ratio

What is 1CHWY'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.

1CHWY PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio95.6x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 1CHWY's Price-To-Earnings Fair Ratio for valuation analysis.


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 1CHWY forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€30.30
€38.72
+27.81%
9.65%€44.65€29.19n/a21
Dec ’26€29.98
€38.80
+29.43%
9.62%€44.79€29.29n/a22
Nov ’26n/a
€39.31
0%
9.53%€45.11€29.50n/a22
Oct ’26n/a
€38.52
0%
9.53%€44.19€28.90n/a22
Sep ’26n/a
€39.60
0%
10.22%€44.67€28.35n/a21
Aug ’26n/a
€39.25
0%
10.22%€44.27€28.10n/a21
Jul ’26n/a
€38.22
0%
12.57%€44.15€27.17n/a22
Jun ’26n/a
€35.30
0%
13.92%€44.04€23.78n/a22
May ’26n/a
€34.61
0%
12.45%€41.34€23.75n/a22
Apr ’26n/a
€36.95
0%
10.83%€43.56€28.73n/a22
Mar ’26n/a
€36.87
0%
11.60%€44.79€28.59n/a22
Feb ’26n/a
€36.62
0%
11.08%€45.12€28.80n/a22
Jan ’26n/a
€34.97
0%
13.12%€40.53€23.16n/a21
Dec ’25n/a
€32.67
0%
12.40%€37.86€22.72€29.9821
Nov ’25n/a
€29.30
0%
12.18%€35.23€22.25n/a21
Oct ’25n/a
€27.97
0%
11.48%€31.35€21.49n/a21
Sep ’25n/a
€28.06
0%
12.03%€31.67€21.72n/a21
Aug ’25n/a
€24.40
0%
17.65%€32.18€17.01n/a22
Jul ’25n/a
€24.37
0%
19.53%€32.60€14.90n/a23
Jun ’25n/a
€23.20
0%
17.94%€32.32€14.77n/a23
May ’25n/a
€21.98
0%
18.53%€29.89€14.95n/a25
Apr ’25n/a
€21.78
0%
17.71%€29.48€15.20n/a25
Mar ’25n/a
€23.59
0%
20.79%€33.38€15.76n/a24
Feb ’25n/a
€23.19
0%
20.79%€32.81€15.49n/a24
Jan ’25n/a
€23.06
0%
23.48%€36.58€13.72n/a24
Dec ’24n/a
€30.21
0%
28.46%€44.14€14.71n/a22
€39.21
Fair Value
22.7% undervalued intrinsic discount
21
Number of Analysts

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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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/12/10 03:52
End of Day Share Price 2025/12/10 00:00
Earnings2025/08/03
Annual Earnings2025/02/02

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

Chewy, Inc. is covered by 45 analysts. 23 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Justin KleberBaird
Trevor YoungBarclays
Christopher BottiglieriBNP Paribas