Metals X Ltd
ASX:MLX

Watchlist Manager
Metals X Ltd Logo
Metals X Ltd
ASX:MLX
Watchlist
Price: 1.01 AUD 4.66% Market Closed
Market Cap: 895.3m AUD
Section:
 

Relative Value

The Relative Value of one MLX stock under the Base Case scenario is 0.73 AUD. Compared to the current market price of 1.01 AUD, Metals X Ltd is Overvalued by 27%.

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.

MLX Relative Value
Base Case
0.73 AUD
Overvaluation 27%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

3.3
P/S
P/S
Price to Sales
3.3
vs History
20
vs Industry
45
Median 3Y
2.1
Median 5Y
2.2
Industry
2
Forward
3.6
More Details
6.4
P/E
P/E
Price to Earnings
6.4
vs History
38
vs Industry
25
Median 3Y
12.3
Median 5Y
4.9
Industry
18.8
Forward
11.8
More Details
6.2
P/OCF
P/OCF
Price to OCF
6.2
vs History
38
vs Industry
27
Median 3Y
4.7
Median 5Y
4.7
Industry
10.9
More Details
8.7
P/FCFE
P/FCFE
Price to FCFE
8.7
vs History
9
vs Industry
20
Median 3Y
4.9
Median 5Y
-2.6
Industry
18.4
More Details
1.9
P/B
P/B
Price to Book Value
1.9
vs History
23
vs Industry
42
Median 3Y
1.1
Median 5Y
1.1
Industry
2.1
More Details
2.5
EV/S
EV/S
Enterprise Value to Sales
2.5
vs History
25
vs Industry
53
Median 3Y
1.2
Median 5Y
1.3
Industry
2.5
Forward
2.7
More Details
5.4
EV/GP
EV/GP
Enterprise Value to Gross Profit
5.4
vs History
44
vs Industry
50
Median 3Y
3.8
Median 5Y
4.5
Industry
8.3
More Details
5.3
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
5.3
vs History
41
vs Industry
26
Median 3Y
4
Median 5Y
4.5
Industry
12.3
Forward
6.2
More Details
5.3
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
5.3
vs History
41
vs Industry
26
Median 3Y
4
Median 5Y
4.5
Industry
14.9
Forward
8.1
More Details
4.6
EV/OCF
EV/OCF
Enterprise Value to OCF
4.6
vs History
28
vs Industry
32
Median 3Y
2.8
Median 5Y
2.8
Industry
12.4
More Details
6.3
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
6.3
vs History
22
vs Industry
22
Median 3Y
3.4
Median 5Y
2.6
Industry
16.8
More Details
2.1
EV/IC
EV/IC
Enterprise Value to IC
2.1
vs History
11
vs Industry
38
Median 3Y
0.8
Median 5Y
0.9
Industry
1.9
More Details

Multiples Across Competitors

MLX Competitors Multiples
Metals X Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
AU
Metals X Ltd
ASX:MLX
895.3m AUD 3.3 6.4 5.3 5.3
AU
Rio Tinto Ltd
ASX:RIO
232.9B AUD 2.9 15.1 8 11.4
AU
BHP Group Ltd
ASX:BHP
231.4B AUD 3 17.1 6.5 8.4
UK
Rio Tinto PLC
LSE:RIO
90.8B GBP 2.3 11.8 120.5 173.2
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
1.3T MXN 4.4 17.3 8.4 9.8
SA
Saudi Arabian Mining Company SJSC
SAU:1211
248.9B SAR 6.6 44.7 20 30.2
CH
Glencore PLC
LSE:GLEN
44.8B GBP 0.3 -29.2 259.1 780.6
CN
CMOC Group Ltd
SSE:603993
376.1B CNY 1.8 19.3 12 12
CN
China Molybdenum Co Ltd
OTC:CMCLF
51.1B USD 1.8 18.5 11.5 11.5
UK
Anglo American PLC
LSE:AAL
33.2B GBP 2 -10.4 129.2 229.2
ZA
African Rainbow Minerals Ltd
JSE:ARI
37.6B Zac 0 0 0 0
P/E Multiple
Earnings Growth PEG
AU
Metals X Ltd
ASX:MLX
Average P/E: 18.8
6.4
-13%
N/A
AU
Rio Tinto Ltd
ASX:RIO
15.1
1%
15.1
AU
BHP Group Ltd
ASX:BHP
17.1
6%
2.8
UK
Rio Tinto PLC
LSE:RIO
11.8
1%
11.8
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
17.3
15%
1.2
SA
Saudi Arabian Mining Company SJSC
SAU:1211
44.7
45%
1
CH
Glencore PLC
LSE:GLEN
Negative Multiple: -29.2 N/A N/A
CN
CMOC Group Ltd
SSE:603993
19.3
23%
0.8
CN
C
China Molybdenum Co Ltd
OTC:CMCLF
18.5
23%
0.8
UK
Anglo American PLC
LSE:AAL
Negative Multiple: -10.4 N/A N/A
ZA
A
African Rainbow Minerals Ltd
JSE:ARI
Not Available
-49%
N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
AU
Metals X Ltd
ASX:MLX
Average EV/EBITDA: 58.1
5.3
1%
5.3
AU
Rio Tinto Ltd
ASX:RIO
8
7%
1.1
AU
BHP Group Ltd
ASX:BHP
6.5
2%
3.3
UK
Rio Tinto PLC
LSE:RIO
120.5
8%
15.1
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
8.4
10%
0.8
SA
Saudi Arabian Mining Company SJSC
SAU:1211
20
12%
1.7
CH
Glencore PLC
LSE:GLEN
259.1
16%
16.2
CN
CMOC Group Ltd
SSE:603993
12
24%
0.5
CN
C
China Molybdenum Co Ltd
OTC:CMCLF
11.5
24%
0.5
UK
Anglo American PLC
LSE:AAL
129.2
4%
32.3
ZA
A
African Rainbow Minerals Ltd
JSE:ARI
Not Available N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
AU
Metals X Ltd
ASX:MLX
Average EV/EBIT: 127.2
5.3
-4%
N/A
AU
Rio Tinto Ltd
ASX:RIO
11.4
9%
1.3
AU
BHP Group Ltd
ASX:BHP
8.4
2%
4.2
UK
Rio Tinto PLC
LSE:RIO
173.2
8%
21.6
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
9.8
10%
1
SA
Saudi Arabian Mining Company SJSC
SAU:1211
30.2
18%
1.7
CH
Glencore PLC
LSE:GLEN
780.6
29%
26.9
CN
CMOC Group Ltd
SSE:603993
12
18%
0.7
CN
C
China Molybdenum Co Ltd
OTC:CMCLF
11.5
18%
0.6
UK
Anglo American PLC
LSE:AAL
229.2
9%
25.5
ZA
A
African Rainbow Minerals Ltd
JSE:ARI
Not Available N/A N/A

See Also

Summary
MLX intrinsic value, competitors valuation, and company profile.
DCF Valuation
MLX stock valuation using Discount Cash Flow valuation method.
Relative Valuation
MLX stock valuation using valuation multiples.
Wall Street Estimates
MLX price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
MLX stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
Back to Top
ALPHA SPREAD
Follow us
Join more than 302,800+ value investors using Alpha Spread
Create Free Account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2025 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.