` MI6 (Midway Ltd) vs DAX Index Comparison - Alpha Spread

MI6
vs
D
DAX Index

Over the past 12 months, MI6 has underperformed DAX Index, delivering a return of 0% compared to the DAX Index's +10% growth.

Stocks Performance
MI6 vs DAX Index

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MI6
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Performance Gap
MI6 vs DAX Index

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MI6
DAX Index
Difference
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Performance By Year
MI6 vs DAX Index

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Competitors Performance
Midway Ltd vs Peers

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Midway Ltd
Glance View

Market Cap
62.4m EUR
Industry
Paper & Forest

Midway Ltd. engages in the production and exploration of hardwood and softwood woodchips. The company is headquartered in Geelong, Victoria. The company went IPO on 2016-12-08. The firm's segments include Woodfibre, Forestry Logistics, and Plantation Management. The Woodfibre segment includes primary operations whereby the Company purchases and sells both its own- and third-party wood. Its Forestry Logistics segment offers support services to third parties engaged in growing Woodfibre, including harvest, infield chipping, and haulage. Its Plantation Management segment offers provision of silviculture services, including on group-owned plantation land and trees. The firm has operations in Victoria, Queensland and the Northern Territory covering all stages of the wood chipping process from plantation to export. Its subsidiaries include Queensland Commodity Exports Pty Ltd, Plantation Management Partners Pty Ltd and others.

MI6 Intrinsic Value
0.36 EUR
Overvaluation 50%
Intrinsic Value
Price €0.715
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