Dom Development Valuation

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

Valuation Score

1/6

Valuation Score 1/6

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

Below Fair Value: DOM (PLN200) is trading above our estimate of fair value (PLN176.96)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for DOM. This is calculated by dividing DOM's market cap by their current earnings.
What is DOM's PE Ratio?
PE Ratio	11x
Earnings	zł468.71m
Market Cap	zł5.13b

DOM 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/Revenue	2x
Enterprise Value/EBITDA	9x
PEG Ratio	3.4x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for DOM vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	5.7x
1AT Atal	5.8x	-4.9%	zł2.4b
ARH Archicom	7.8x	28.9%	zł2.0b
WIK Wikana	8.6x	n/a	zł141.2m
EKP Elkop	0.5x	n/a	zł23.8m
DOM Dom Development	11x	3.2%	zł5.1b

Price-To-Earnings vs Peers: DOM is expensive based on its Price-To-Earnings Ratio (11x) compared to the peer average (5.7x).

Price to Earnings Ratio vs Industry

How does DOM's PE Ratio compare vs other companies in the European Consumer Durables Industry?

5 Companies	Price / Earnings	Estimated Growth	Market Cap

5 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: DOM is good value based on its Price-To-Earnings Ratio (11x) compared to the European Consumer Durables industry average (12.6x).

Price to Earnings Ratio vs Fair Ratio

What is DOM'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.

DOM PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	11x
Fair PE Ratio	8x

Price-To-Earnings vs Fair Ratio: DOM is expensive based on its Price-To-Earnings Ratio (11x) compared to the estimated Fair Price-To-Earnings Ratio (8x).

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 DOM forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	zł200.00	zł211.06 +5.5%	4.8%	zł227.00	zł197.04	n/a	6
Nov ’25	zł190.20	zł211.06 +11.0%	4.8%	zł227.00	zł197.04	n/a	6
Oct ’25	zł188.00	zł206.60 +9.9%	7.1%	zł227.00	zł182.46	n/a	6
Sep ’25	zł169.00	zł206.60 +22.2%	7.1%	zł227.00	zł182.46	n/a	6
Aug ’25	zł165.00	zł201.58 +22.2%	9.9%	zł227.00	zł171.00	n/a	6
Jul ’25	zł175.80	zł195.33 +11.1%	8.1%	zł218.00	zł177.50	n/a	6
Jun ’25	zł185.00	zł195.33 +5.6%	8.1%	zł218.00	zł177.50	n/a	6
May ’25	zł176.40	zł187.44 +6.3%	9.9%	zł218.00	zł160.73	n/a	5
Apr ’25	zł175.40	zł157.24 -10.4%	26.1%	zł183.00	zł77.00	n/a	5
Mar ’25	zł157.60	zł177.25 +12.5%	4.8%	zł183.00	zł160.73	n/a	5
Feb ’25	zł163.80	zł170.77 +4.3%	7.7%	zł183.00	zł150.14	n/a	5
Jan ’25	zł149.40	zł170.77 +14.3%	7.7%	zł183.00	zł150.14	n/a	5
Dec ’24	zł163.00	zł170.77 +4.8%	7.7%	zł183.00	zł150.14	n/a	5
Nov ’24	zł156.60	zł168.93 +7.9%	8.5%	zł183.00	zł150.14	zł190.20	5
Oct ’24	zł153.00	zł166.04 +8.5%	8.1%	zł183.00	zł150.14	zł188.00	4
Sep ’24	zł154.60	zł145.29 -6.0%	19.1%	zł175.00	zł100.00	zł169.00	4
Aug ’24	zł146.80	zł139.79 -4.8%	16.5%	zł156.00	zł100.00	zł165.00	4
Jul ’24	zł138.80	zł125.12 -9.9%	23.6%	zł156.00	zł91.48	zł175.80	4
Jun ’24	zł138.00	zł116.94 -15.3%	26.6%	zł156.00	zł84.20	zł185.00	5
May ’24	zł136.00	zł114.34 -15.9%	24.8%	zł156.00	zł84.20	zł176.40	5
Apr ’24	zł129.00	zł107.34 -16.8%	19.1%	zł140.00	zł84.20	zł175.40	5
Mar ’24	zł112.20	zł103.34 -7.9%	14.4%	zł121.00	zł84.20	zł157.60	5
Feb ’24	zł104.00	zł103.34 -0.6%	14.4%	zł121.00	zł84.20	zł163.80	5
Jan ’24	zł95.00	zł98.54 +3.7%	14.4%	zł125.00	zł84.20	zł149.40	5
Dec ’23	zł93.00	zł98.54 +6.0%	14.4%	zł125.00	zł84.20	zł163.00	5
Nov ’23	zł84.40	zł106.86 +26.6%	12.3%	zł125.00	zł90.00	zł156.60	4

Analyst Forecast: Target price is less than 20% higher than the current share price.