Shortlist

Read off the statements over three years, not from any view about the company's prospects. What the numbers cannot tell you is whether management already has an answer.

EV/EBIT of 11.0 against a Consumer Cyclical median of 17.5 — 37% below peers. Free cash flow yield 9.9%. Trading 46% below its all-time high set 2018-09-27.

At the Consumer Cyclical median EV/EBIT of 17.5 instead of its current 11.0, and with earnings unchanged, the equity would be worth about 59% more. That is the size of the gap, not a forecast that it closes.

• ROIC 51% — still earning above a plausible cost of capital
• free cash flow positive
• Piotroski F-Score 7/9 — accounts improving year on year
• net debt 0.0x EBITDA — balance sheet not forcing anything
• Altman Z 9.3 — outside the distress zone

Consensus buy from 12 analysts, mean target 41.50 USD, 37% above the current price. No revision activity in the last quarter.

Price target levels are shown as context only and never feed the score. Targets are reached roughly half the time and the most optimistic ones tend to underperform. Revision direction is the part that carries information.

Read off the statements over three years, not from any view about the company's prospects. What the numbers cannot tell you is whether management already has an answer.

EV/EBIT of 10.6 against a Technology median of 26.4 — 60% below peers. Free cash flow yield 10.3%. Trading 64% below its all-time high set 2021-11-19.

At the Technology median EV/EBIT of 26.4 instead of its current 10.6, and with earnings unchanged, the equity would be worth about 148% more. That is the size of the gap, not a forecast that it closes.

• ROIC 63% — still earning above a plausible cost of capital
• free cash flow positive
• Piotroski F-Score 7/9 — accounts improving year on year
• revenue compounding at 11% over three years
• net debt 0.0x EBITDA — balance sheet not forcing anything

Consensus hold from 34 analysts, mean target 270.61 USD, 10% above the current price. Revisions over the last quarter have been net negative — the sell side is marking this down.

Targets spread 70% of the mean — analysts disagree sharply, and consensus loses its information content when they do.

Price target levels are shown as context only and never feed the score. Targets are reached roughly half the time and the most optimistic ones tend to underperform. Revision direction is the part that carries information.

EV/EBIT of 5.8 against a Consumer Defensive median of 16.2 — 64% below peers. Free cash flow yield 6.8%. Trading 44% below its all-time high set 2025-04-23.

At the Consumer Defensive median EV/EBIT of 16.2 instead of its current 5.8, and with earnings unchanged, the equity would be worth about 246% more. That is the size of the gap, not a forecast that it closes.

• ROIC 19% — still earning above a plausible cost of capital
• free cash flow positive
• Piotroski F-Score 7/9 — accounts improving year on year
• net debt 1.3x EBITDA — balance sheet not forcing anything
• Altman Z 3.4 — outside the distress zone

Consensus hold from 7 analysts, mean target 33.64 USD, 14% above the current price. No revision activity in the last quarter.

Targets spread 42% of the mean — analysts disagree sharply, and consensus loses its information content when they do.

Price target levels are shown as context only and never feed the score. Targets are reached roughly half the time and the most optimistic ones tend to underperform. Revision direction is the part that carries information.

Read off the statements over three years, not from any view about the company's prospects. What the numbers cannot tell you is whether management already has an answer.

EV/EBIT of 0.4 against a Technology median of 26.4 — 98% below peers. Free cash flow yield 171.6%. Trading 85% below its all-time high set 2000-03-03.

At the Technology median EV/EBITDA of 17.9 instead of its current 0.3, and with earnings unchanged, the equity would be worth about n/a more. That is the size of the gap, not a forecast that it closes.

• ROIC 33% — still earning above a plausible cost of capital
• free cash flow positive
• Piotroski F-Score 8/9 — accounts improving year on year
• net debt -0.3x EBITDA — balance sheet not forcing anything
• operating margin 17%

mean target 9.67 SEK, 8% below the current price. No revision activity in the last quarter.

Targets spread 35% of the mean — analysts disagree sharply, and consensus loses its information content when they do.

Trading 8% above the consensus target — the sell side thinks it is expensive.

Price target levels are shown as context only and never feed the score. Targets are reached roughly half the time and the most optimistic ones tend to underperform. Revision direction is the part that carries information.

EV/EBIT of 7.2 against a Consumer Defensive median of 16.2 — 56% below peers. Free cash flow yield 13.5%. Trading 49% below its all-time high set 2004-04-21.

At the Consumer Defensive median EV/EBIT of 16.2 instead of its current 7.2, and with earnings unchanged, the equity would be worth about 95% more. That is the size of the gap, not a forecast that it closes.

• ROIC 35% — still earning above a plausible cost of capital
• free cash flow positive
• Piotroski F-Score 7/9 — accounts improving year on year
• revenue compounding at 7% over three years
• net debt -1.9x EBITDA — balance sheet not forcing anything

mean target 44.00 USD, 30% above the current price. No revision activity in the last quarter.

Only 1 analyst estimate(s) — too few for a consensus to mean much.

Price target levels are shown as context only and never feed the score. Targets are reached roughly half the time and the most optimistic ones tend to underperform. Revision direction is the part that carries information.

EV/EBIT of 5.0 against a Financial Services median of 7.9 — 36% below peers. Free cash flow yield 23.8%.

At the Financial Services median EV/EBIT of 7.9 instead of its current 5.0, and with earnings unchanged, the equity would be worth about 43% more. That is the size of the gap, not a forecast that it closes.

• ROIC 28% — still earning above a plausible cost of capital
• free cash flow positive
• revenue compounding at 26% over three years
• operating margin 27%

Consensus buy from 19 analysts, mean target 111.87 USD, 10% above the current price. No revision activity in the last quarter.

Price target levels are shown as context only and never feed the score. Targets are reached roughly half the time and the most optimistic ones tend to underperform. Revision direction is the part that carries information.

EV/EBIT of 7.2 against a Financial Services median of 7.9 — 9% below peers. Free cash flow yield 11.5%. Trading 81% below its all-time high set 2021-07-23.

At the Financial Services median EV/EBIT of 7.9 instead of its current 7.2, and with earnings unchanged, the equity would be worth about 10% more. That is the size of the gap, not a forecast that it closes.

• ROIC 28% — still earning above a plausible cost of capital
• free cash flow positive
• Piotroski F-Score 9/9 — accounts improving year on year
• revenue compounding at 6% over three years
• net debt -0.1x EBITDA — balance sheet not forcing anything

Consensus hold from 33 analysts, mean target 59.77 USD, 5% above the current price. Revisions over the last quarter have been net positive, which is the part of analyst output the evidence actually supports.

Targets spread 186% of the mean — analysts disagree sharply, and consensus loses its information content when they do.

Price target levels are shown as context only and never feed the score. Targets are reached roughly half the time and the most optimistic ones tend to underperform. Revision direction is the part that carries information.

P/E of 2.4 against a Communication Services median of 14.2 — 83% below peers.

No usable re-rating gap: the multiple is at or above its sector median, or the inputs were missing.

• ROIC 692% — still earning above a plausible cost of capital
• free cash flow positive
• Piotroski F-Score 7/9 — accounts improving year on year
• revenue compounding at 5% over three years
• net debt -4.1x EBITDA — balance sheet not forcing anything

Consensus strong buy from 32 analysts, mean target 161.33 CNY, 28% above the current price. No revision activity in the last quarter.

Targets spread 42% of the mean — analysts disagree sharply, and consensus loses its information content when they do.

Price target levels are shown as context only and never feed the score. Targets are reached roughly half the time and the most optimistic ones tend to underperform. Revision direction is the part that carries information.

Read off the statements over three years, not from any view about the company's prospects. What the numbers cannot tell you is whether management already has an answer.

EV/EBIT of 6.9 against a Energy median of 14.8 — 53% below peers. Free cash flow yield 8.4%. Trading 53% below its all-time high set 2008-05-20.

At the Energy median EV/EBIT of 14.8 instead of its current 6.9, and with earnings unchanged, the equity would be worth about 140% more. That is the size of the gap, not a forecast that it closes.

• ROIC 18% — still earning above a plausible cost of capital
• free cash flow positive
• Piotroski F-Score 7/9 — accounts improving year on year
• net debt 0.8x EBITDA — balance sheet not forcing anything
• operating margin 34%

Consensus hold from 24 analysts, mean target 43.67 USD, 11% below the current price. Revisions over the last quarter have been net positive, which is the part of analyst output the evidence actually supports.

Targets spread 50% of the mean — analysts disagree sharply, and consensus loses its information content when they do.

Trading 11% above the consensus target — the sell side thinks it is expensive.

Price target levels are shown as context only and never feed the score. Targets are reached roughly half the time and the most optimistic ones tend to underperform. Revision direction is the part that carries information.

Read off the statements over three years, not from any view about the company's prospects. What the numbers cannot tell you is whether management already has an answer.

EV/EBIT of 6.3 against a Financial Services median of 7.9 — 20% below peers. Free cash flow yield 14.6%.

At the Financial Services median EV/EBIT of 7.9 instead of its current 6.3, and with earnings unchanged, the equity would be worth about 22% more. That is the size of the gap, not a forecast that it closes.

• ROIC 54% — still earning above a plausible cost of capital
• free cash flow positive
• revenue compounding at 31% over three years
• operating margin 19%

mean target 150.00 ILS, 22% below the current price. Revisions over the last quarter are balanced.

Only 1 analyst estimate(s) — too few for a consensus to mean much.

Trading 22% above the consensus target — the sell side thinks it is expensive.

Price target levels are shown as context only and never feed the score. Targets are reached roughly half the time and the most optimistic ones tend to underperform. Revision direction is the part that carries information.

EV/EBIT of 11.2 against a Consumer Defensive median of 16.2 — 31% below peers. Free cash flow yield 6.0%. Trading 64% below its all-time high set 2025-06-02.

At the Consumer Defensive median EV/EBIT of 16.2 instead of its current 11.2, and with earnings unchanged, the equity would be worth about 56% more. That is the size of the gap, not a forecast that it closes.

• ROIC 17% — still earning above a plausible cost of capital
• free cash flow positive
• revenue compounding at 11% over three years
• net debt 1.7x EBITDA — balance sheet not forcing anything
• Altman Z 4.2 — outside the distress zone

Consensus buy from 14 analysts, mean target 94.64 USD, 45% above the current price. Revisions over the last quarter have been net positive, which is the part of analyst output the evidence actually supports.

Targets spread 46% of the mean — analysts disagree sharply, and consensus loses its information content when they do.

Price target levels are shown as context only and never feed the score. Targets are reached roughly half the time and the most optimistic ones tend to underperform. Revision direction is the part that carries information.

EV/EBIT of 8.8 against a Energy median of 14.8 — 40% below peers. Free cash flow yield 7.4%. Trading 41% below its all-time high set 2024-07-16.

At the Energy median EV/EBIT of 14.8 instead of its current 8.8, and with earnings unchanged, the equity would be worth about 76% more. That is the size of the gap, not a forecast that it closes.

• ROIC 24% — still earning above a plausible cost of capital
• free cash flow positive
• net debt 0.7x EBITDA — balance sheet not forcing anything

Consensus buy from 12 analysts, mean target 116.92 USD, 53% above the current price. Revisions over the last quarter have been net positive, which is the part of analyst output the evidence actually supports.

Targets spread 50% of the mean — analysts disagree sharply, and consensus loses its information content when they do.

Price target levels are shown as context only and never feed the score. Targets are reached roughly half the time and the most optimistic ones tend to underperform. Revision direction is the part that carries information.