NSE SA
PAR:ALNSE

Watchlist Manager
NSE SA Logo
NSE SA
PAR:ALNSE
Watchlist
Price: 41 EUR Market Closed
Market Cap: 138.6m EUR

Relative Value

The Relative Value of one ALNSE stock under the Base Case scenario is 69.34 EUR. Compared to the current market price of 41 EUR, NSE SA is Undervalued by 41%.

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.

ALNSE Relative Value
Base Case
69.34 EUR
Undervaluation 41%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
7
vs Industry
74
Median 3Y
1
Median 5Y
1
Industry
4.3
Forward
1.4
vs History
6
vs Industry
39
Median 3Y
20.8
Median 5Y
18.9
Industry
34.3
Forward
19.6
vs History
22
vs Industry
28
Median 3Y
11.8
Median 5Y
11.7
Industry
19.7
vs History
53
vs Industry
1
Median 3Y
68
Median 5Y
68
Industry
33
vs History
11
vs Industry
38
Median 3Y
2.1
Median 5Y
2
Industry
4.1
vs History
7
vs Industry
74
Median 3Y
1
Median 5Y
0.9
Industry
4.6
Forward
1.3
vs History
7
vs Industry
79
Median 3Y
1.9
Median 5Y
1.5
Industry
14.3
vs History
6
vs Industry
48
Median 3Y
8.8
Median 5Y
8.1
Industry
19.4
Forward
10.1
vs History
6
vs Industry
43
Median 3Y
13.8
Median 5Y
12
Industry
26.5
Forward
13.1
vs History
23
vs Industry
29
Median 3Y
11.4
Median 5Y
11.1
Industry
21
vs History
17
vs Industry
8
Median 3Y
23.7
Median 5Y
15.6
Industry
26.8
vs History
11
vs Industry
52
Median 3Y
1.3
Median 5Y
1.2
Industry
2.7

Multiples Across Competitors

ALNSE Competitors Multiples
NSE SA Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
FR
NSE SA
PAR:ALNSE
135.2m EUR 1.4 64.6 14.2 23.5
US
Raytheon Technologies Corp
NYSE:RTX
238B USD 2.7 35.7 20.9 31.4
US
RTX Corp
LSE:0R2N
235.3B USD 2.7 35.7 20.6 31.1
NL
Airbus SE
PAR:AIR
162.1B EUR 2.2 31.9 19 28.7
FR
Safran SA
PAR:SAF
126.6B EUR 4.3 29.2 21.2 27.7
US
Boeing Co
NYSE:BA
144.7B USD 1.8 -14.2 -25.6 -19.7
UK
Rolls-Royce Holdings PLC
LSE:RR
90.9B GBP 4.6 15.6 21.4 27.3
US
Lockheed Martin Corp
NYSE:LMT
109B USD 1.5 25.9 16.1 20.5
DE
Rheinmetall AG
XETRA:RHM
80.3B EUR 7.2 94.9 41.4 54.9
US
General Dynamics Corp
NYSE:GD
93.2B USD 1.8 21.9 16.1 18.8
US
Howmet Aerospace Inc
NYSE:HWM
81.2B USD 10.1 55.5 36.7 41.9
P/S Multiple
Revenue Growth P/S to Growth
FR
NSE SA
PAR:ALNSE
Average P/S: 3.7
1.4
17%
0.1
US
Raytheon Technologies Corp
NYSE:RTX
2.7
7%
0.4
US
RTX Corp
LSE:0R2N
2.7
7%
0.4
NL
Airbus SE
PAR:AIR
2.2
11%
0.2
FR
Safran SA
PAR:SAF
4.3
12%
0.4
US
Boeing Co
NYSE:BA
1.8
19%
0.1
UK
Rolls-Royce Holdings PLC
LSE:RR
4.6
8%
0.6
US
Lockheed Martin Corp
NYSE:LMT
1.5
5%
0.3
DE
Rheinmetall AG
XETRA:RHM
7.2
34%
0.2
US
General Dynamics Corp
NYSE:GD
1.8
7%
0.3
US
Howmet Aerospace Inc
NYSE:HWM
10.1
11%
0.9
P/E Multiple
Earnings Growth PEG
FR
NSE SA
PAR:ALNSE
Average P/E: 41.1
64.6
52%
1.2
US
Raytheon Technologies Corp
NYSE:RTX
35.7
29%
1.2
US
RTX Corp
LSE:0R2N
35.7
29%
1.2
NL
Airbus SE
PAR:AIR
31.9
22%
1.4
FR
Safran SA
PAR:SAF
29.2
N/A N/A
US
Boeing Co
NYSE:BA
Negative Multiple: -14.2 N/A N/A
UK
Rolls-Royce Holdings PLC
LSE:RR
15.6
8%
2
US
Lockheed Martin Corp
NYSE:LMT
25.9
11%
2.4
DE
Rheinmetall AG
XETRA:RHM
94.9
61%
1.6
US
General Dynamics Corp
NYSE:GD
21.9
11%
2
US
Howmet Aerospace Inc
NYSE:HWM
55.5
22%
2.5
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
FR
NSE SA
PAR:ALNSE
Average EV/EBITDA: 22.8
14.2
29%
0.5
US
Raytheon Technologies Corp
NYSE:RTX
20.9
17%
1.2
US
RTX Corp
LSE:0R2N
20.6
17%
1.2
NL
Airbus SE
PAR:AIR
19
19%
1
FR
Safran SA
PAR:SAF
21.2
15%
1.4
US
Boeing Co
NYSE:BA
Negative Multiple: -25.6 N/A N/A
UK
Rolls-Royce Holdings PLC
LSE:RR
21.4
15%
1.4
US
Lockheed Martin Corp
NYSE:LMT
16.1
10%
1.6
DE
Rheinmetall AG
XETRA:RHM
41.4
41%
1
US
General Dynamics Corp
NYSE:GD
16.1
8%
2
US
Howmet Aerospace Inc
NYSE:HWM
36.7
17%
2.2
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
FR
NSE SA
PAR:ALNSE
Average EV/EBIT: 30.6
23.5
34%
0.7
US
Raytheon Technologies Corp
NYSE:RTX
31.4
30%
1
US
RTX Corp
LSE:0R2N
31.1
30%
1
NL
Airbus SE
PAR:AIR
28.7
26%
1.1
FR
Safran SA
PAR:SAF
27.7
18%
1.5
US
Boeing Co
NYSE:BA
Negative Multiple: -19.7 N/A N/A
UK
Rolls-Royce Holdings PLC
LSE:RR
27.3
21%
1.3
US
Lockheed Martin Corp
NYSE:LMT
20.5
11%
1.9
DE
Rheinmetall AG
XETRA:RHM
54.9
45%
1.2
US
General Dynamics Corp
NYSE:GD
18.8
10%
1.9
US
Howmet Aerospace Inc
NYSE:HWM
41.9
18%
2.3