Technoprobe Valuation
Is TPRO undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
3/6Valuation 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 TPRO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: TPRO (€5.93) is trading above our estimate of fair value (€3.51)
Significantly Below Fair Value: TPRO is trading above our estimate of fair value.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for TPRO?
Key metric: As TPRO is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.
| What is TPRO's PE Ratio? | |
|---|---|
| PE Ratio | 40.9x |
| Earnings | €93.76m |
| Market Cap | €3.84b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 7x |
| Enterprise Value/EBITDA | 27.8x |
| PEG Ratio | 1.6x |
Price to Earnings Ratio vs Peers
How does TPRO's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 61.3x | ||
ELES ELES Semiconductor Equipment | 29.1x | 34.8% | €24.1m |
300604 Hangzhou Changchuan TechnologyLtd | 74.7x | 41.8% | CN¥30.0b |
522 ASMPT | 74.8x | 45.7% | HK$31.1b |
300623 Jiangsu JieJie Microelectronics | 66.7x | 17.9% | CN¥27.3b |
TPRO Technoprobe | 40.9x | 25.2% | €3.8b |
Price-To-Earnings vs Peers: TPRO is good value based on its Price-To-Earnings Ratio (40.9x) compared to the peer average (61.3x).
Price to Earnings Ratio vs Industry
How does TPRO's PE Ratio compare vs other companies in the European Semiconductor Industry?
| 3 Companies | Price / Earnings | Estimated Growth | Market Cap |
|---|---|---|---|
| 3 Companies | Estimated Growth | Market Cap | |
|---|---|---|---|
Price-To-Earnings vs Industry: TPRO is expensive based on its Price-To-Earnings Ratio (40.9x) compared to the European Semiconductor industry average (14.4x).
Price to Earnings Ratio vs Fair Ratio
What is TPRO'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.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 40.9x |
| Fair PE Ratio | 42.2x |
Price-To-Earnings vs Fair Ratio: TPRO is good value based on its Price-To-Earnings Ratio (40.9x) compared to the estimated Fair Price-To-Earnings Ratio (42.2x).
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | €5.93 | €7.37 +24.3% | 9.1% | €8.50 | €6.30 | n/a | 6 |
| Nov ’25 | €6.20 | €7.50 +21.0% | 10.9% | €8.70 | €6.60 | n/a | 6 |
| Oct ’25 | €6.19 | €7.85 +26.9% | 14.5% | €10.00 | €6.80 | n/a | 6 |
| Sep ’25 | €7.47 | €7.85 +5.1% | 14.5% | €10.00 | €6.80 | n/a | 6 |
| Aug ’25 | €8.40 | €8.92 +6.2% | 15.0% | €10.60 | €7.50 | n/a | 6 |
| Jul ’25 | €9.06 | €8.48 -6.4% | 13.0% | €10.50 | €7.50 | n/a | 6 |
| Jun ’25 | €9.10 | €8.00 -12.1% | 9.7% | €9.40 | €7.10 | n/a | 5 |
| May ’25 | €7.51 | €7.76 +3.4% | 11.7% | €9.40 | €7.00 | n/a | 5 |
| Apr ’25 | €8.42 | €7.64 -9.3% | 13.4% | €9.40 | €6.50 | n/a | 5 |
| Mar ’25 | €9.46 | €7.75 -18.0% | 17.4% | €10.00 | €6.50 | n/a | 4 |
| Feb ’25 | €9.12 | €7.33 -19.7% | 9.1% | €8.30 | €6.50 | n/a | 4 |
| Jan ’25 | €8.65 | €7.12 -17.6% | 10.1% | €8.30 | €6.30 | n/a | 5 |
| Dec ’24 | €7.79 | €7.04 -9.6% | 11.3% | €8.40 | €6.30 | n/a | 5 |
| Nov ’24 | €7.00 | €7.06 +0.9% | 11.5% | €8.40 | €6.30 | €6.20 | 5 |
| Oct ’24 | €7.45 | €7.06 -5.2% | 11.5% | €8.40 | €6.30 | €6.19 | 5 |
| Sep ’24 | €7.90 | €6.93 -12.3% | 12.4% | €8.40 | €6.30 | €7.47 | 4 |
| Aug ’24 | €8.28 | €7.10 -14.2% | 12.7% | €8.60 | €6.30 | €8.40 | 4 |
| Jul ’24 | €7.24 | €7.00 -3.3% | 12.5% | €8.50 | €6.30 | €9.06 | 4 |
| Jun ’24 | €7.33 | €7.00 -4.5% | 12.5% | €8.50 | €6.30 | €9.10 | 4 |
| May ’24 | €6.45 | €7.28 +12.8% | 14.9% | €9.10 | €6.30 | €7.51 | 4 |
| Apr ’24 | €6.67 | €7.50 +12.5% | 19.5% | €10.00 | €6.30 | €8.42 | 4 |
| Mar ’24 | €6.13 | €7.75 +26.4% | 18.4% | €10.00 | €6.30 | €9.46 | 4 |
| Feb ’24 | €6.80 | €8.50 +25.0% | 12.1% | €10.20 | €7.50 | €9.12 | 4 |
| Jan ’24 | €6.70 | €8.45 +26.1% | 11.2% | €10.00 | €7.50 | €8.65 | 4 |
| Dec ’23 | €7.30 | €8.50 +16.4% | 11.2% | €10.00 | €7.50 | €7.79 | 4 |
| Nov ’23 | €7.07 | €8.50 +20.2% | 11.2% | €10.00 | €7.50 | €7.00 | 4 |
Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.
Discover undervalued companies
ON Semiconductor
US$27.6b
Provides intelligent sensing and power solutions in the United States and internationally.
1ON
US$62.21
7D
-4.9%
1Y
n/a
ELES Semiconductor Equipment
€24.8m
Designs, manufactures, and sells test equipment, fixtures, solutions, and services for the semiconductor industry in Italy.
ELES
€1.37
7D
-3.9%
1Y
1.9%
Lam Research
US$90.1b
Designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits.
1LRCX
US$66.81
7D
-6.4%
1Y
n/a