Relative Value

The Relative Value of one NWG stock under the Base Case scenario is 67.88 PLN. Compared to the current market price of 127 PLN, Newag SA is Overvalued by 47%.

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.

NWG Relative Value
Base Case
67.88 PLN
Overvaluation 47%
Relative Value
Price
N
Worst Case
Base Case
Best Case

Multiples Across Competitors

NWG Competitors Multiples
Newag 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
PL
Newag SA
WSE:NWG
5.7B PLN 2.6 18.3 12.1 13.9
US
Caterpillar Inc
NYSE:CAT
323.8B USD 4.8 36.5 23.7 28
US
Cummins Inc
NYSE:CMI
83.5B USD 2.5 31.3 17.1 21.8
SE
Volvo AB
STO:VOLV B
703.2B SEK 1.5 20.4 10.4 15.3
US
Paccar Inc
NASDAQ:PCAR
68.2B USD 2.4 28.6 11.2 13.3
JP
Komatsu Ltd
TSE:6301
6.5T JPY 1.6 15.7 9.2 11.5
DE
Daimler Truck Holding AG
XETRA:DTG
34.7B EUR 0.7 14.9 10.9 14.9
US
Westinghouse Air Brake Technologies Corp
NYSE:WAB
41.1B USD 3.8 34.8 19.4 24.6
CN
China CSSC Holdings Ltd
SSE:600150
264.2B CNY 2 36.7 25.4 25.4
JP
Toyota Industries Corp
TSE:6201
5.8T JPY 1.4 28.1 13.7 48.5
SE
Epiroc AB
STO:EPI A
318.3B SEK 5.1 37.1 21.7 27.4
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
PL
N
Newag SA
WSE:NWG
Average EV/EBITDA: 15.9
12.1
42%
0.3
US
Caterpillar Inc
NYSE:CAT
23.7
N/A N/A
US
Cummins Inc
NYSE:CMI
17.1
14%
1.2
SE
Volvo AB
STO:VOLV B
10.4
11%
0.9
US
Paccar Inc
NASDAQ:PCAR
11.2
-11%
N/A
JP
Komatsu Ltd
TSE:6301
9.2
-1%
N/A
DE
Daimler Truck Holding AG
XETRA:DTG
10.9
5%
2.2
US
Westinghouse Air Brake Technologies Corp
NYSE:WAB
19.4
12%
1.6
CN
China CSSC Holdings Ltd
SSE:600150
25.4
157%
0.2
JP
Toyota Industries Corp
TSE:6201
13.7
-7%
N/A
SE
Epiroc AB
STO:EPI A
21.7
10%
2.2
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
PL
N
Newag SA
WSE:NWG
Average EV/EBIT: 22.2
13.9
50%
0.3
US
Caterpillar Inc
NYSE:CAT
28
18%
1.6
US
Cummins Inc
NYSE:CMI
21.8
16%
1.4
SE
Volvo AB
STO:VOLV B
15.3
12%
1.3
US
Paccar Inc
NASDAQ:PCAR
13.3
1%
13.3
JP
Komatsu Ltd
TSE:6301
11.5
4%
2.9
DE
Daimler Truck Holding AG
XETRA:DTG
14.9
4%
3.7
US
Westinghouse Air Brake Technologies Corp
NYSE:WAB
24.6
18%
1.4
CN
China CSSC Holdings Ltd
SSE:600150
25.4
139%
0.2
JP
Toyota Industries Corp
TSE:6201
48.5
N/A N/A
SE
Epiroc AB
STO:EPI A
27.4
10%
2.7