Distribuzione Elettrica Adriatica S.p.a.

BIT:DEA Stock Report

Market Cap: €63.2m

Distribuzione Elettrica Adriatica Valuation

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

Below Fair Value: DEA (€8.04) is trading below our estimate of fair value (€24.2)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for DEA. This is calculated by dividing DEA's market cap by their current earnings.
What is DEA's PE Ratio?
PE Ratio12.9x
Earnings€4.91m
Market Cap€63.15m

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for DEA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average31.9x
EVISO eVISO
30x25.9%€146.5m
IB Iniziative Bresciane
24.2x24.5%€73.9m
RNG Renergetica
46.6x49.8%€81.8m
ECK Ecosuntek
26.7xn/a€27.4m
DEA Distribuzione Elettrica Adriatica
12.9xn/a€63.2m

Price-To-Earnings vs Peers: DEA is good value based on its Price-To-Earnings Ratio (12.9x) compared to the peer average (31.9x).

Price to Earnings Ratio vs Industry

How does DEA's PE Ratio compare vs other companies in the European Electric Utilities Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
DEA 12.9xIndustry Avg. 12.7xNo. of Companies10PE0612182430+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: DEA is expensive based on its Price-To-Earnings Ratio (12.9x) compared to the European Electric Utilities industry average (12.7x).

Price to Earnings Ratio vs Fair Ratio

What is DEA'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.

DEA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio12.9x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate DEA'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?

Analyst Forecast: Insufficient data to show price forecast.

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