Stolt-Nielsen Limited

OB:SNI Stock Report

Market Cap: NOK 14.9b

Stolt-Nielsen Valuation

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

Below Fair Value: SNI (NOK279) is trading below our estimate of fair value (NOK869.83)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for SNI. This is calculated by dividing SNI's market cap by their current earnings.
What is SNI's PE Ratio?
PE Ratio3.3x
EarningsUS$401.70m
Market CapUS$1.32b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for SNI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average2.9x
WWI Wilh. Wilhelmsen Holding
3.1x6.5%NOK 16.8b
HAUTO Höegh Autoliners
2.6x-13.2%NOK 20.2b
MPCC MPC Container Ships
3.3x-36.7%NOK 8.9b
ODF Odfjell
2.7x-11.4%NOK 8.4b
SNI Stolt-Nielsen
3.3x-6.1%NOK 14.9b

Price-To-Earnings vs Peers: SNI is expensive based on its Price-To-Earnings Ratio (3.3x) compared to the peer average (2.9x).

Price to Earnings Ratio vs Industry

How does SNI's PE Ratio compare vs other companies in the European Shipping Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
SNI 3.3xIndustry Avg. 7.4xNo. of Companies6PE0612182430+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: SNI is good value based on its Price-To-Earnings Ratio (3.3x) compared to the European Shipping industry average (7.4x).

Price to Earnings Ratio vs Fair Ratio

What is SNI'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.

SNI PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio3.3x
Fair PE Ratio5.7x

Price-To-Earnings vs Fair Ratio: SNI is good value based on its Price-To-Earnings Ratio (3.3x) compared to the estimated Fair Price-To-Earnings Ratio (5.7x).

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 SNI forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentNOK 279.00
NOK 501.28
+79.7%
6.8%NOK 556.06NOK 464.11n/a5
Dec ’25NOK 280.00
NOK 501.17
+79.0%
6.8%NOK 555.74NOK 464.71n/a5
Nov ’25NOK 314.50
NOK 496.02
+57.7%
6.5%NOK 548.75NOK 461.35n/a5
Oct ’25NOK 388.00
NOK 513.59
+32.4%
4.2%NOK 542.19NOK 483.46n/a5
Sep ’25NOK 422.50
NOK 519.47
+23.0%
6.1%NOK 560.22NOK 480.07n/a5
Aug ’25NOK 425.00
NOK 526.03
+23.8%
6.3%NOK 569.55NOK 488.06n/a5
Jul ’25NOK 488.00
NOK 518.60
+6.3%
5.8%NOK 566.17NOK 485.44n/a5
Jun ’25NOK 484.50
NOK 509.66
+5.2%
5.7%NOK 554.95NOK 477.29n/a5
May ’25NOK 475.00
NOK 529.61
+11.5%
4.7%NOK 566.45NOK 505.21n/a5
Apr ’25NOK 400.00
NOK 493.37
+23.3%
1.9%NOK 501.21NOK 478.24n/a5
Mar ’25NOK 393.00
NOK 483.43
+23.0%
2.3%NOK 493.78NOK 466.44n/a5
Feb ’25NOK 405.00
NOK 455.14
+12.4%
6.4%NOK 495.73NOK 424.39n/a5
Jan ’25NOK 311.50
NOK 443.19
+42.3%
2.8%NOK 463.39NOK 429.66n/a6
Dec ’24NOK 315.50
NOK 443.19
+40.5%
2.8%NOK 463.39NOK 429.66NOK 280.006
Nov ’24NOK 364.00
NOK 443.19
+21.8%
2.8%NOK 463.39NOK 429.66NOK 314.506
Oct ’24NOK 310.00
NOK 414.02
+33.6%
4.7%NOK 448.14NOK 391.21NOK 388.006
Sep ’24NOK 276.00
NOK 412.65
+49.5%
4.6%NOK 447.22NOK 390.08NOK 422.506
Aug ’24NOK 256.00
NOK 406.93
+59.0%
4.4%NOK 439.46NOK 385.15NOK 425.006
Jul ’24NOK 273.00
NOK 419.09
+53.5%
5.4%NOK 450.91NOK 385.80NOK 488.006
Jun ’24NOK 281.00
NOK 431.10
+53.4%
5.3%NOK 459.76NOK 399.54NOK 484.505
May ’24NOK 307.50
NOK 413.81
+34.6%
3.0%NOK 430.57NOK 399.96NOK 475.005
Apr ’24NOK 333.00
NOK 405.89
+21.9%
5.3%NOK 430.22NOK 369.26NOK 400.005
Mar ’24NOK 318.00
NOK 374.22
+17.7%
6.2%NOK 398.26NOK 338.99NOK 393.005
Feb ’24NOK 275.00
NOK 333.47
+21.3%
7.7%NOK 365.06NOK 302.90NOK 405.004
Jan ’24NOK 269.50
NOK 296.23
+9.9%
9.2%NOK 322.86NOK 252.50NOK 311.504
Dec ’23NOK 257.50
NOK 305.76
+18.7%
8.7%NOK 337.07NOK 263.61NOK 315.504

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 Analysis2024/12/22 00:50
End of Day Share Price 2024/12/20 00:00
Earnings2024/08/31
Annual Earnings2023/11/30

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 here.

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 .

Analyst Sources

Stolt-Nielsen Limited is covered by 16 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Lukas DaulABG Sundal Collier
Wilhelm FlinderABN AMRO Bank N.V.
Robert Jan VosABN AMRO Bank N.V.