Palantir Technologies Inc.

SET:PLTR23 Stock Report

Market Cap: ฿10.6t

Palantir Technologies Valuation

Is PLTR23 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of PLTR23 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: PLTR23 (THB2.28) is trading below our estimate of future cash flow value (THB2.71)

Significantly Below Future Cash Flow Value: PLTR23 is trading below future cash flow value, but not by a significant amount.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for PLTR23?

Key metric: As PLTR23 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for PLTR23. This is calculated by dividing PLTR23's market cap by their current earnings.
What is PLTR23's PE Ratio?
PE Ratio142x
EarningsUS$2.28b
Market CapUS$323.97b

Price to Earnings Ratio vs Peers

How does PLTR23's PE Ratio compare to its peers?

The above table shows the PE ratio for PLTR23 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average27.8x
APP AppLovin
42.3x21.61%US$165.4b
SAP SAP
23.6x15.25%€172.3b
CRM Salesforce
19.7x10.90%US$141.9b
INTU Intuit
25.7x14.62%US$108.7b
PLTR23 Palantir Technologies
140.8x30.33%฿321.2b

Price-To-Earnings vs Peers: PLTR23 is expensive based on its Price-To-Earnings Ratio (140.8x) compared to the peer average (27.5x).


Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data


Price to Earnings Ratio vs Industry

How does PLTR23's PE Ratio compare vs other companies in the Asian Software Industry?

8 CompaniesPrice / EarningsEstimated GrowthMarket Cap
PLTR23 142.0xIndustry Avg. 21.7xNo. of Companies77PE020406080100+
8 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: PLTR23 is expensive based on its Price-To-Earnings Ratio (140.8x) compared to the Asian Software industry average (22x).


Price to Earnings Ratio vs Fair Ratio

What is PLTR23'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.

PLTR23 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio142x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate PLTR23'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?

฿3.15
Fair Value
26.4% undervalued intrinsic discount
27
Number of Analysts

Analyst Forecast: Insufficient data to show price forecast.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/19 11:38
End of Day Share Price 2026/05/19 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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

Palantir Technologies Inc. is covered by 42 analysts. 30 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
William PowerBaird
Yi Fu LeeBenchmark Company
Mariana Perez MoraBofA Global Research