GR Engineering Services Ltd
ASX:GNG

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GR Engineering Services Ltd
ASX:GNG
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Price: 3.23 AUD
Market Cap: 540.5m AUD

Relative Value

The Relative Value of one GNG stock under the Base Case scenario is 4.93 AUD. Compared to the current market price of 3.23 AUD, GR Engineering Services Ltd is Undervalued by 34%.

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.

GNG Relative Value
Base Case
4.93 AUD
Undervaluation 34%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
0
vs Industry
64
Median 3Y
0.7
Median 5Y
0.6
Industry
1.8
Forward
1.2
vs History
4
vs Industry
18
Median 3Y
11.5
Median 5Y
11.5
Industry
16.2
Forward
14.7
vs History
50
vs Industry
25
Median 3Y
11.8
Median 5Y
7.7
Industry
9.6
vs History
50
vs Industry
21
Median 3Y
15
Median 5Y
7.6
Industry
15.8
vs History
0
vs Industry
9
Median 3Y
5.7
Median 5Y
5.3
Industry
1.6
vs History
0
vs Industry
69
Median 3Y
0.5
Median 5Y
0.4
Industry
2.2
Forward
1
vs History
11
vs Industry
72
Median 3Y
1.2
Median 5Y
1.2
Industry
7.3
vs History
9
vs Industry
21
Median 3Y
6.5
Median 5Y
6
Industry
10.5
Forward
8
vs History
9
vs Industry
23
Median 3Y
6.5
Median 5Y
6
Industry
13.4
Forward
9.5
vs History
49
vs Industry
29
Median 3Y
9.6
Median 5Y
4.9
Industry
10.9
vs History
49
vs Industry
21
Median 3Y
11.4
Median 5Y
5.4
Industry
14.5
vs History
17
vs Industry
12
Median 3Y
5.5
Median 5Y
5.9
Industry
1.4

Multiples Across Competitors

GNG Competitors Multiples
GR Engineering Services Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
AU
GR Engineering Services Ltd
ASX:GNG
540m AUD 1.1 14 8 8
AU
BHP Group Ltd
ASX:BHP
199.2B AUD 2.4 11.5 5.2 6.5
AU
Rio Tinto Ltd
ASX:RIO
178.9B AUD 2.2 10.2 5.6 7.7
UK
Rio Tinto PLC
LSE:RIO
69.8B GBP 1.8 8.3 24.9 34.3
CH
Glencore PLC
LSE:GLEN
37.2B GBP 0.2 -31.1 222.8 564.9
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
894.1B MXN 2.9 12.9 5.6 6.6
SA
Saudi Arabian Mining Company SJSC
SAU:1211
154.3B SAR 4.6 44.8 16.5 29.4
UK
Anglo American PLC
LSE:AAL
29.9B GBP 1.5 -13.3 104.9 169.5
ZA
African Rainbow Minerals Ltd
JSE:ARI
35.3B Zac 0 0 0 0
CN
CMOC Group Ltd
SSE:603993
187B CNY 0.9 12.2 5.5 5.5
IN
Hindustan Zinc Ltd
NSE:HINDZINC
1.9T INR 5.5 18.2 10.6 13.4
P/E Multiple
Earnings Growth PEG
AU
GR Engineering Services Ltd
ASX:GNG
Average P/E: 16.5
14
9%
1.6
AU
BHP Group Ltd
ASX:BHP
11.5
-13%
N/A
AU
Rio Tinto Ltd
ASX:RIO
10.2
-1%
N/A
UK
Rio Tinto PLC
LSE:RIO
8.3
-1%
N/A
CH
Glencore PLC
LSE:GLEN
Negative Multiple: -31.1 N/A N/A
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
12.9
9%
1.4
SA
Saudi Arabian Mining Company SJSC
SAU:1211
44.8
33%
1.4
UK
Anglo American PLC
LSE:AAL
Negative Multiple: -13.3 N/A N/A
ZA
A
African Rainbow Minerals Ltd
JSE:ARI
Not Available
-76%
N/A
CN
CMOC Group Ltd
SSE:603993
12.2
12%
1
IN
Hindustan Zinc Ltd
NSE:HINDZINC
18.2
N/A N/A