Grocery Outlet Holding Corp.

NasdaqGS:GO Stock Report

Market Cap: US$1.6b

Grocery Outlet Holding Valuation

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

Valuation Score

0/6

Valuation Score 0/6

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

Below Fair Value: Insufficient data to calculate GO's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate GO's fair value for valuation analysis.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for GO. This is calculated by dividing GO's market cap by their current earnings.
What is GO's PE Ratio?
PE Ratio31.7x
EarningsUS$51.26m
Market CapUS$1.63b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for GO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average21.6x
WMK Weis Markets
19.4xn/aUS$1.9b
IMKT.A Ingles Markets
7.9xn/aUS$1.3b
NGVC Natural Grocers by Vitamin Cottage
26.5xn/aUS$897.9m
DDL Dingdong (Cayman)
32.6x33.0%US$886.7m
GO Grocery Outlet Holding
31.7x19.8%US$1.6b

Price-To-Earnings vs Peers: GO is expensive based on its Price-To-Earnings Ratio (31.7x) compared to the peer average (21.6x).

Price to Earnings Ratio vs Industry

How does GO's PE Ratio compare vs other companies in the US Consumer Retailing Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
GO 31.7xIndustry Avg. 24.8xNo. of Companies4PE01632486480+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: GO is expensive based on its Price-To-Earnings Ratio (31.7x) compared to the US Consumer Retailing industry average (24.8x).

Price to Earnings Ratio vs Fair Ratio

What is GO'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.

GO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio31.7x
Fair PE Ratio19.8x

Price-To-Earnings vs Fair Ratio: GO is expensive based on its Price-To-Earnings Ratio (31.7x) compared to the estimated Fair Price-To-Earnings Ratio (19.8x).

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 GO forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$16.73
US$17.21
+2.9%
20.1%US$26.00US$13.00n/a14
Dec ’25US$21.00
US$17.21
-18.0%
20.1%US$26.00US$13.00n/a14
Nov ’25US$15.05
US$19.86
+31.9%
22.0%US$29.00US$14.00n/a14
Oct ’25US$17.34
US$23.08
+33.1%
17.0%US$29.00US$17.00n/a13
Sep ’25US$18.94
US$23.58
+24.5%
15.5%US$29.00US$19.00n/a12
Aug ’25US$19.21
US$25.17
+31.0%
13.7%US$31.00US$20.00n/a12
Jul ’25US$22.05
US$26.36
+19.6%
16.6%US$36.00US$21.00n/a11
Jun ’25US$21.99
US$26.36
+19.9%
16.6%US$36.00US$21.00n/a11
May ’25US$25.56
US$31.14
+21.8%
17.3%US$43.00US$23.00n/a12
Apr ’25US$28.67
US$31.27
+9.1%
17.9%US$43.00US$23.00n/a11
Mar ’25US$26.38
US$31.27
+18.5%
17.9%US$43.00US$23.00n/a11
Feb ’25US$24.86
US$31.82
+28.0%
19.9%US$41.00US$20.00n/a11
Jan ’25US$26.96
US$31.82
+18.0%
19.9%US$41.00US$20.00n/a11
Dec ’24US$28.47
US$32.64
+14.6%
17.9%US$41.00US$20.00US$21.0011
Nov ’24US$27.94
US$35.45
+26.9%
11.4%US$41.00US$27.00US$15.0511
Oct ’24US$28.85
US$36.36
+26.0%
11.1%US$41.00US$27.00US$17.3411
Sep ’24US$30.57
US$36.08
+18.0%
11.1%US$41.00US$27.00US$18.9412
Aug ’24US$33.33
US$32.00
-4.0%
12.3%US$38.00US$25.00US$19.2112
Jul ’24US$30.61
US$31.83
+4.0%
11.7%US$38.00US$25.00US$22.0512
Jun ’24US$27.97
US$31.83
+13.8%
11.7%US$38.00US$25.00US$21.9912
May ’24US$29.66
US$30.83
+4.0%
10.5%US$35.00US$25.00US$25.5612
Apr ’24US$28.26
US$30.83
+9.1%
10.5%US$35.00US$25.00US$28.6712
Mar ’24US$26.44
US$31.25
+18.2%
9.2%US$35.00US$25.00US$26.3812
Feb ’24US$31.49
US$38.33
+21.7%
20.0%US$53.00US$26.00US$24.8612
Jan ’24US$29.19
US$39.17
+34.2%
17.8%US$53.00US$30.00US$26.9612
Dec ’23US$30.57
US$40.00
+30.8%
16.8%US$53.00US$30.00US$28.4711

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

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 01:45
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/28
Annual Earnings2023/12/30

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

Grocery Outlet Holding Corp. is covered by 20 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ishan MajumdarBaptista Research
Karen ShortBarclays
Brian McNamaraBerenberg