B&M European Value Retail plc

LSE:BME Stock Report

Market Cap: UK£2.0b

B&M European Value Retail Valuation

Is BME undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of BME when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: BME (£2.01) is trading below our estimate of future cash flow value (£2.69)

Significantly Below Future Cash Flow Value: BME is trading below future cash flow value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for BME?

Key metric: As BME is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for BME. This is calculated by dividing BME's market cap by their current earnings.
What is BME's PE Ratio?
PE Ratio12.3x
EarningsUK£164.00m
Market CapUK£2.02b

Price to Earnings Ratio vs Peers

How does BME's PE Ratio compare to its peers?

The above table shows the PE ratio for BME vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average16x
NXT NEXT
18.5x5.78%UK£16.5b
WOSG Watches of Switzerland Group
24x19.65%UK£1.7b
DNLM Dunelm Group
10.8x4.54%UK£1.6b
INCH Inchcape
10.7x7.30%UK£2.9b
BME B&M European Value Retail
12.3x9.49%UK£2.0b

Price-To-Earnings vs Peers: BME is good value based on its Price-To-Earnings Ratio (12.3x) compared to the peer average (16x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does BME's PE Ratio compare vs other companies in the Global Multiline Retail Industry?

5 CompaniesPrice / EarningsEstimated GrowthMarket Cap
BME 12.3xIndustry Avg. 18.7xNo. of Companies17PE01224364860+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: BME is good value based on its Price-To-Earnings Ratio (12.3x) compared to the Global Multiline Retail industry average (18.7x).

Price to Earnings Ratio vs Fair Ratio

What is BME's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

BME PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio12.3x
Fair PE Ratio14.5x

Price-To-Earnings vs Fair Ratio: BME is good value based on its Price-To-Earnings Ratio (12.3x) compared to the estimated Fair Price-To-Earnings Ratio (14.5x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst BME forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUK£2.01
UK£2.17
+8.29%
17.63%UK£2.90UK£1.40n/a18
Jun ’27UK£1.68
UK£2.08
+23.71%
20.66%UK£2.90UK£1.40n/a18
May ’27UK£1.72
UK£2.16
+25.20%
18.40%UK£3.00UK£1.65n/a17
Apr ’27UK£1.74
UK£2.15
+23.92%
19.04%UK£3.00UK£1.65n/a16
Mar ’27UK£1.91
UK£2.15
+12.57%
19.04%UK£3.00UK£1.65n/a16
Feb ’27UK£1.76
UK£2.06
+16.81%
18.15%UK£3.00UK£1.65n/a15
Jan ’27UK£1.69
UK£2.32
+37.66%
24.43%UK£3.40UK£1.63n/a16
Dec ’26UK£1.65
UK£2.51
+51.85%
27.79%UK£4.50UK£1.75n/a16
Nov ’26UK£1.80
UK£2.85
+58.82%
26.35%UK£4.50UK£2.00n/a16
Oct ’26UK£2.63
UK£4.01
+52.40%
25.75%UK£6.00UK£2.07n/a16
Sep ’26UK£2.38
UK£4.01
+68.13%
25.75%UK£6.00UK£2.07n/a16
Aug ’26UK£2.19
UK£4.08
+86.19%
24.48%UK£6.00UK£2.07n/a16
Jul ’26UK£2.88
UK£4.28
+48.81%
21.74%UK£6.00UK£2.81n/a17
Jun ’26UK£3.42
UK£4.35
+27.23%
20.25%UK£6.00UK£2.99UK£1.6818
May ’26UK£3.43
UK£4.31
+25.53%
21.17%UK£6.00UK£2.99UK£1.7218
Apr ’26UK£2.74
UK£4.44
+62.28%
24.29%UK£6.40UK£2.99UK£1.7418
Mar ’26UK£2.78
UK£4.47
+60.86%
23.96%UK£6.40UK£2.99UK£1.9117
Feb ’26UK£3.24
UK£5.09
+57.17%
21.83%UK£6.70UK£3.20UK£1.7618
Jan ’26UK£3.67
UK£5.52
+50.30%
17.23%UK£6.85UK£3.49UK£1.6917
Dec ’25UK£3.47
UK£5.58
+60.87%
17.63%UK£6.85UK£3.49UK£1.6517
Nov ’25UK£3.92
UK£5.85
+49.23%
13.61%UK£7.00UK£4.33UK£1.8017
Oct ’25UK£4.11
UK£5.80
+41.15%
15.30%UK£7.00UK£3.90UK£2.6318
Sep ’25UK£4.45
UK£5.88
+32.05%
13.20%UK£7.00UK£4.33UK£2.3818
Aug ’25UK£4.59
UK£5.88
+27.99%
13.20%UK£7.00UK£4.33UK£2.1918
Jul ’25UK£4.42
UK£5.94
+34.48%
14.26%UK£7.20UK£4.33UK£2.8818
Jun ’25UK£5.45
UK£6.29
+15.48%
9.11%UK£7.20UK£5.20UK£3.4218
UK£2.17
Fair Value
7.7% undervalued intrinsic discount
18
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/12 04:31
End of Day Share Price 2026/06/12 00:00
Earnings2026/03/28
Annual Earnings2026/03/28

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

B&M European Value Retail plc is covered by 28 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
James AnsteadBarclays
Matthew ClementsBarclays
Adam TomlinsonBerenberg