Relative Value

The Relative Value of one CCC stock under the Base Case scenario is 255.26 PLN. Compared to the current market price of 213.2 PLN, CCC SA is Undervalued by 16%.

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.

CCC Relative Value
Base Case
255.26 PLN
Undervaluation 16%
Relative Value
Price
C
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
4
vs Industry
30
Median 3Y
0.5
Median 5Y
0.7
Industry
0.9
Forward
1.4
vs History
19
vs Industry
18
Median 3Y
-7.1
Median 5Y
-6.6
Industry
17.4
Forward
17.7
vs History
39
vs Industry
23
Median 3Y
6.9
Median 5Y
9.2
Industry
10
vs History
4
vs Industry
33
Median 3Y
-7.9
Median 5Y
-8.7
Industry
16.5
vs History
33
vs Industry
3
Median 3Y
6.7
Median 5Y
7.1
Industry
1.3
vs History
4
vs Industry
29
Median 3Y
0.8
Median 5Y
0.9
Industry
1.1
Forward
1.6
vs History
4
vs Industry
42
Median 3Y
1.6
Median 5Y
1.9
Industry
3.8
vs History
31
vs Industry
28
Median 3Y
10
Median 5Y
10.1
Industry
9.5
Forward
9.1
vs History
49
vs Industry
19
Median 3Y
24.8
Median 5Y
19.5
Industry
12.8
Forward
13.1
vs History
46
vs Industry
22
Median 3Y
11.7
Median 5Y
12.4
Industry
11
vs History
22
vs Industry
16
Median 3Y
12.7
Median 5Y
6
Industry
13.9
vs History
4
vs Industry
13
Median 3Y
1.2
Median 5Y
1.3
Industry
1

Multiples Across Competitors

CCC Competitors Multiples
CCC SA Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
PL
CCC SA
WSE:CCC
16.4B PLN 1.6 17.2 11.9 18.9
US
Nike Inc
NYSE:NKE
92.7B USD 1.9 20.6 15.7 18.3
CH
On Holding AG
NYSE:ONON
18.8B USD 6.1 74 40.7 58.7
JP
Asics Corp
TSE:7936
2.5T JPY 3.5 36.2 17.8 22.8
US
Deckers Outdoor Corp
NYSE:DECK
15.9B USD 3.2 16.5 11.2 11.8
UK
Birkenstock Holding PLC
NYSE:BIRK
10.5B USD 4.7 36.4 16.8 20.3
US
Skechers USA Inc
NYSE:SKX
9.3B USD 1 14.6 7.8 9.7
CN
Huali Industrial Group Co Ltd
SZSE:300979
61.9B CNY 2.5 16.2 11.7 11.7
US
Crocs Inc
NASDAQ:CROX
5.6B USD 1.4 5.8 6.3 6.7
TW
Feng Tay Enterprises Co Ltd
TWSE:9910
115B TWD 1.3 20 11.1 15.8
DE
Puma SE
XETRA:PUM
3.3B EUR 0.4 17 4.7 8.2
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
PL
C
CCC SA
WSE:CCC
Average EV/EBITDA: 14.1
11.9
24%
0.5
US
Nike Inc
NYSE:NKE
15.7
-13%
N/A
CH
On Holding AG
NYSE:ONON
40.7
39%
1
JP
Asics Corp
TSE:7936
17.8
15%
1.2
US
Deckers Outdoor Corp
NYSE:DECK
11.2
6%
1.9
UK
Birkenstock Holding PLC
NYSE:BIRK
16.8
20%
0.8
US
Skechers USA Inc
NYSE:SKX
7.8
2%
3.9
CN
Huali Industrial Group Co Ltd
SZSE:300979
11.7
19%
0.6
US
Crocs Inc
NASDAQ:CROX
6.3
-5%
N/A
TW
Feng Tay Enterprises Co Ltd
TWSE:9910
11.1
8%
1.4
DE
Puma SE
XETRA:PUM
4.7
3%
1.6
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
PL
C
CCC SA
WSE:CCC
Average EV/EBIT: 18.5
18.9
29%
0.7
US
Nike Inc
NYSE:NKE
18.3
-13%
N/A
CH
On Holding AG
NYSE:ONON
58.7
43%
1.4
JP
Asics Corp
TSE:7936
22.8
N/A N/A
US
Deckers Outdoor Corp
NYSE:DECK
11.8
5%
2.4
UK
Birkenstock Holding PLC
NYSE:BIRK
20.3
21%
1
US
Skechers USA Inc
NYSE:SKX
9.7
0%
N/A
CN
Huali Industrial Group Co Ltd
SZSE:300979
11.7
14%
0.8
US
Crocs Inc
NASDAQ:CROX
6.7
-3%
N/A
TW
Feng Tay Enterprises Co Ltd
TWSE:9910
15.8
9%
1.8
DE
Puma SE
XETRA:PUM
8.2
5%
1.6