Nordex SE
XETRA:NDX1

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Nordex SE
XETRA:NDX1
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Price: 11.28 EUR 1.44% Market Closed
Market Cap: 2.7B EUR
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Relative Value

The Relative Value of one NDX1 stock under the Base Case scenario is 12.51 EUR. Compared to the current market price of 11.28 EUR, Nordex SE is Undervalued by 10%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

NDX1 Relative Value
Base Case
12.51 EUR
Undervaluation 10%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
55
vs Industry
78
Median 3Y
0.4
Median 5Y
0.4
Industry
1.7
Forward
0.4
vs History
3
vs Industry
Median 3Y
-5.6
Median 5Y
-8.9
Industry
22.7
Forward
201.5
vs History
50
vs Industry
4
Median 3Y
6
Median 5Y
6
Industry
14.3
vs History
17
vs Industry
14
Median 3Y
-3.8
Median 5Y
-4.1
Industry
19.7
vs History
41
vs Industry
20
Median 3Y
2.8
Median 5Y
2.7
Industry
1.9
vs History
82
vs Industry
81
Median 3Y
0.3
Median 5Y
0.4
Industry
1.7
Forward
0.2
vs History
79
vs Industry
56
Median 3Y
4.6
Median 5Y
4.8
Industry
7.1
vs History
52
vs Industry
33
Median 3Y
-5.8
Median 5Y
7
Industry
14.6
Forward
5.9
vs History
26
vs Industry
Median 3Y
-6.1
Median 5Y
-5.1
Industry
17.9
Forward
17.6
vs History
50
vs Industry
6
Median 3Y
3.9
Median 5Y
3.9
Industry
14
vs History
12
vs Industry
5
Median 3Y
-4.2
Median 5Y
-4.9
Industry
17.5
vs History
63
vs Industry
66
Median 3Y
0.8
Median 5Y
0.8
Industry
1.6

Multiples Across Competitors

NDX1 Competitors Multiples
Nordex SE Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
DE
Nordex SE
XETRA:NDX1
2.7B EUR 0.4 119.6 6.5 22.9
DE
Siemens Energy AG
XETRA:ENR
41.5B EUR 1.2 34.9 26.3 -436.5
JP
Mitsubishi Electric Corp
TSE:6503
5.4T JPY 1 19 8.2 12.9
CN
NARI Technology Co Ltd
SSE:600406
190.5B CNY 3.4 25.4 20.9 20.9
CN
Goldwind Science & Technology Co Ltd
XMUN:CXGH
21.5B EUR 2.9 92 83.5 83.5
IN
ABB India Ltd
NSE:ABB
1.4T INR 11.9 81.7 64.1 68.3
DK
Vestas Wind Systems A/S
CSE:VWS
97.5B DKK 0.9 -266.8 -904.1 -904.1
CN
Shanghai Electric Group Co Ltd
SSE:601727
90.5B CNY 0.8 407.2 42.4 42.4
CN
Hangzhou Steam Turbine Co Ltd
SZSE:200771
11.4B 0 0 0 0
KR
Hyundai Electric & Energy Systems Co Ltd
KRX:267260
14.9T KRW 4.5 29.2 20 21.8
IN
Suzlon Energy Ltd
NSE:SUZLON
789.8B INR 10.1 82.3 61.7 72.2
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
DE
Nordex SE
XETRA:NDX1
Average EV/EBIT: 43.1
22.9
N/A N/A
DE
Siemens Energy AG
XETRA:ENR
Negative Multiple: -436.5 N/A N/A
JP
Mitsubishi Electric Corp
TSE:6503
12.9
N/A N/A
CN
NARI Technology Co Ltd
SSE:600406
20.9
13%
1.6
CN
G
Goldwind Science & Technology Co Ltd
XMUN:CXGH
83.5
64%
1.3
IN
ABB India Ltd
NSE:ABB
68.3
29%
2.4
DK
Vestas Wind Systems A/S
CSE:VWS
Negative Multiple: -904.1
269%
N/A
CN
Shanghai Electric Group Co Ltd
SSE:601727
42.4
13%
3.3
CN
H
Hangzhou Steam Turbine Co Ltd
SZSE:200771
Not Available N/A N/A
KR
Hyundai Electric & Energy Systems Co Ltd
KRX:267260
21.8
52%
0.4
IN
Suzlon Energy Ltd
NSE:SUZLON
72.2
57%
1.3