P/B

4.8
Current
164%
More Expensive
vs 3-y average of 1.8

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
4.8
=
Market Cap
€5.4B
/
Total Equity
zł1.1B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
4.8
=
Market Cap
€5.4B
/
Total Equity
zł1.1B

Valuation Scenarios

Newag SA is trading above its 3-year average

If P/B returns to its 3-Year Average (1.8), the stock would be worth €10.34 (62% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-77%
Maximum Upside
No Upside Scenarios
Average Downside
68%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 4.8 €27.35
0%
3-Year Average 1.8 €10.34
-62%
5-Year Average 1.5 €8.27
-70%
Industry Average 1.1 €6.33
-77%
Country Average 1.7 €9.62
-65%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
PL
Newag SA
F:N0GA
5.1B EUR 4.8 16.4
US
Caterpillar Inc
NYSE:CAT
388.8B USD 18.2 43.8
US
Cummins Inc
NYSE:CMI
91.2B USD 7.4 32.1
SE
Volvo AB
STO:VOLV B
655B SEK 3.7 19.1
US
Paccar Inc
NASDAQ:PCAR
66.7B USD 3.5 28.1
KR
Hyundai Heavy Industries Co Ltd
KRX:329180
70.4T KRW 7.3 48
US
Westinghouse Air Brake Technologies Corp
NYSE:WAB
45.4B USD 4.1 37.5
CN
China CSSC Holdings Ltd
SSE:600150
292B CNY 2.1 40.6
JP
Komatsu Ltd
TSE:6301
6.4T JPY 1.9 15.9
DE
Daimler Truck Holding AG
XETRA:DTG
33.7B EUR 1.6 17.1
JP
Toyota Industries Corp
TSE:6201
6.2T JPY 1 30.6

Market Distribution

In line with most companies in Poland
Percentile
36th
Based on 458 companies
36th percentile
1.1
Low
0.1 — 1
Typical Range
1 — 2.9
High
2.9 —
Distribution Statistics
Poland
Min 0.1
30th Percentile 1
Median 1.7
70th Percentile 2.9
Max 168

Newag SA
Glance View

Market Cap
1.2B EUR
Industry
Machinery

Newag SA engages in the manufacture of rolling stock, passenger trains, and electric and diesel locomotives. The company is headquartered in Nowy Sacz, Woj. Malopolskie. The company went IPO on 2013-12-05. The firm operations are divided into four segments: the Electric and Diesel Multiple Units (MUs) segment produces electric MUs for electrified railway lines of passenger transportation and diesel MUs for non-electrified, regional railway lines of passenger transportation; the Electric Locomotives segment offers four- and six-person electric locomotives for freight, as well as passenger transportation; the Repair and Modernization segment provides modernization services of diesel and electric locomotives, as well as modernization of passenger carriages and electric MUs, and in addition, offers repair and maintenance of rolling stocks; the Other Services segment is engaged in design and production of accessories for electric rolling stocks, control and power systems and passenger information systems (PIS). The firm operates through subsidiaries, including Newag Gliwice SA, Inteco SA, among others.

N0GA Intrinsic Value
26.5 EUR
Overvaluation 3%
Intrinsic Value
Price €27.35
N
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