Drax Group PLC
LSE:DRX

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Drax Group PLC
LSE:DRX
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Price: 761 GBX 1.94%
Market Cap: 2.6B GBX

Relative Value

The Relative Value of one DRX stock under the Base Case scenario is 1 188.52 GBX. Compared to the current market price of 761 GBX, Drax Group PLC is Undervalued by 36%.

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.

DRX Relative Value
Base Case
1 188.52 GBX
Undervaluation 36%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
9
vs Industry
82
Median 3Y
0.3
Median 5Y
0.4
Industry
1.8
Forward
0.4
vs History
38
vs Industry
69
Median 3Y
5.9
Median 5Y
4.6
Industry
15.6
Forward
6.1
vs History
58
vs Industry
71
Median 3Y
2.9
Median 5Y
5.1
Industry
7.6
vs History
28
vs Industry
28
Median 3Y
6.4
Median 5Y
4.2
Industry
14.7
vs History
36
vs Industry
57
Median 3Y
1.2
Median 5Y
1.2
Industry
1.4
vs History
6
vs Industry
84
Median 3Y
0.5
Median 5Y
0.5
Industry
2.9
Forward
0.6
vs History
46
vs Industry
85
Median 3Y
1.7
Median 5Y
2.2
Industry
7.9
vs History
50
vs Industry
78
Median 3Y
2.9
Median 5Y
4
Industry
10.8
Forward
4.2
vs History
52
vs Industry
76
Median 3Y
3.7
Median 5Y
6.5
Industry
15.4
Forward
5.8
vs History
61
vs Industry
73
Median 3Y
4.3
Median 5Y
7.8
Industry
11.4
vs History
71
vs Industry
44
Median 3Y
8.8
Median 5Y
18
Industry
16.9
vs History
58
vs Industry
50
Median 3Y
0.7
Median 5Y
0.8
Industry
0.9

Multiples Across Competitors

DRX Competitors Multiples
Drax Group PLC Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
UK
Drax Group PLC
LSE:DRX
2.6B GBP 0.5 6.4 3.9 5.3
DE
Uniper SE
XETRA:UN01
562.9B EUR 2.1 -29.7 -142.5 -87.5
US
Vistra Corp
NYSE:VST
60.4B USD 3.5 62.9 15.3 36.9
SA
ACWA Power Co
SAU:2082
184.5B SAR 25.9 103.5 73.8 94.7
IN
NTPC Ltd
NSE:NTPC
3.2T INR 1.7 13.4 9.2 13.9
IN
Adani Power Ltd
NSE:ADANIPOWER
2.9T INR 5.4 24.7 15.6 19.9
CN
CGN Power Co Ltd
SZSE:003816
208.6B CNY 2.5 22.2 17.2 17.2
CN
China National Nuclear Power Co Ltd
SSE:601985
184.7B CNY 2.3 21.4 20.8 20.8
TH
Gulf Energy Development PCL
SET:GULF
631.2B THB 5.2 29.5 35.2 43.1
US
Talen Energy Corp
NASDAQ:TLN
17.1B USD 7.5 75.9 31.5 80.1
CN
SDIC Power Holdings Co Ltd
SSE:600886
116.9B CNY 2.2 17.9 14.4 14.4
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
UK
Drax Group PLC
LSE:DRX
Average EV/EBITDA: 23.7
3.9
-17%
N/A
DE
Uniper SE
XETRA:UN01
Negative Multiple: -142.5 N/A N/A
US
Vistra Corp
NYSE:VST
15.3
4%
3.8
SA
ACWA Power Co
SAU:2082
73.8
51%
1.4
IN
NTPC Ltd
NSE:NTPC
9.2
11%
0.8
IN
Adani Power Ltd
NSE:ADANIPOWER
15.6
13%
1.2
CN
CGN Power Co Ltd
SZSE:003816
17.2
22%
0.8
CN
China National Nuclear Power Co Ltd
SSE:601985
20.8
30%
0.7
TH
G
Gulf Energy Development PCL
SET:GULF
35.2
12%
2.9
US
Talen Energy Corp
NASDAQ:TLN
31.5
54%
0.6
CN
SDIC Power Holdings Co Ltd
SSE:600886
14.4
26%
0.6
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
UK
Drax Group PLC
LSE:DRX
Average EV/EBIT: 34.6
5.3
-26%
N/A
DE
Uniper SE
XETRA:UN01
Negative Multiple: -87.5 N/A N/A
US
Vistra Corp
NYSE:VST
36.9
7%
5.3
SA
ACWA Power Co
SAU:2082
94.7
58%
1.6
IN
NTPC Ltd
NSE:NTPC
13.9
12%
1.2
IN
Adani Power Ltd
NSE:ADANIPOWER
19.9
14%
1.4
CN
CGN Power Co Ltd
SZSE:003816
17.2
2%
8.6
CN
China National Nuclear Power Co Ltd
SSE:601985
20.8
8%
2.6
TH
G
Gulf Energy Development PCL
SET:GULF
43.1
16%
2.7
US
Talen Energy Corp
NASDAQ:TLN
80.1
105%
0.8
CN
SDIC Power Holdings Co Ltd
SSE:600886
14.4
3%
4.8