Metals X Ltd
ASX:MLX

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Metals X Ltd
ASX:MLX
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Price: 0.515 AUD -0.96% Market Closed
Market Cap: 456.5m AUD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one MLX stock under the Base Case scenario is 0.645 AUD. Compared to the current market price of 0.515 AUD, Metals X Ltd is Undervalued by 20%.

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
0.645 AUD
Undervaluation 20%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

2.1
P/S
P/S
Price to Sales
2.1
vs History
55
vs Industry
45
Median 3Y
2.1
Median 5Y
2.1
Industry
1.8
Forward
2.3
More Details
4.5
P/E
P/E
Price to Earnings
4.5
vs History
52
vs Industry
25
Median 3Y
12.3
Median 5Y
4.4
Industry
16.1
Forward
7.8
More Details
3.2
P/OCF
P/OCF
Price to OCF
3.2
vs History
66
vs Industry
27
Median 3Y
4.2
Median 5Y
4.2
Industry
9.6
More Details
4.5
P/FCFE
P/FCFE
Price to FCFE
4.5
vs History
25
vs Industry
20
Median 3Y
3.1
Median 5Y
-2.9
Industry
15.9
More Details
1.1
P/B
P/B
Price to Book Value
1.1
vs History
63
vs Industry
42
Median 3Y
1
Median 5Y
1.1
Industry
1.6
More Details
1.1
EV/S
EV/S
Enterprise Value to Sales
1.1
vs History
65
vs Industry
53
Median 3Y
1.1
Median 5Y
1.2
Industry
2.1
Forward
1.2
More Details
2.7
EV/GP
EV/GP
Enterprise Value to Gross Profit
2.7
vs History
80
vs Industry
50
Median 3Y
3.4
Median 5Y
5.6
Industry
7.3
More Details
2.7
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
2.7
vs History
73
vs Industry
26
Median 3Y
3.8
Median 5Y
4.4
Industry
10.5
Forward
2.2
More Details
2.7
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
2.7
vs History
73
vs Industry
26
Median 3Y
3.8
Median 5Y
4.4
Industry
13.3
Forward
3.2
More Details
1.7
EV/OCF
EV/OCF
Enterprise Value to OCF
1.7
vs History
66
vs Industry
32
Median 3Y
2.6
Median 5Y
2.6
Industry
11
More Details
2.3
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
2.3
vs History
44
vs Industry
22
Median 3Y
3.1
Median 5Y
1.6
Industry
14.4
More Details
0.9
EV/IC
EV/IC
Enterprise Value to IC
0.9
vs History
50
vs Industry
38
Median 3Y
0.8
Median 5Y
0.9
Industry
1.4
More Details

Multiples Across Competitors

MLX Competitors Multiples
Metals X Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
AU
Metals X Ltd
ASX:MLX
456.5m AUD 2.1 4.5 2.7 2.7
AU
BHP Group Ltd
ASX:BHP
193.9B AUD 2.3 11.1 5 6.2
AU
Rio Tinto Ltd
ASX:RIO
177.8B AUD 2.2 10 5.5 7.5
UK
Rio Tinto PLC
LSE:RIO
70.7B GBP 1.8 8.3 24.9 34.3
CH
Glencore PLC
LSE:GLEN
35B GBP 0.2 -29 222.2 563.3
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
842.6B MXN 2.7 11.9 5.2 6.1
SA
Saudi Arabian Mining Company SJSC
SAU:1211
154.3B SAR 4.7 53.7 12.4 18.5
UK
Anglo American PLC
LSE:AAL
29.7B GBP 1.5 -13.1 104.7 169.1
ZA
African Rainbow Minerals Ltd
JSE:ARI
34B Zac 0 0 0 0
IN
Hindustan Zinc Ltd
NSE:HINDZINC
2.1T INR 6.2 20.5 12 15.2
CN
CMOC Group Ltd
SSE:603993
163.9B CNY 0.8 10.7 4.8 4.8
P/E Multiple
Earnings Growth PEG
AU
Metals X Ltd
ASX:MLX
Average P/E: 16.3
4.5
N/A N/A
AU
BHP Group Ltd
ASX:BHP
11.1
-13%
N/A
AU
Rio Tinto Ltd
ASX:RIO
10
-1%
N/A
UK
Rio Tinto PLC
LSE:RIO
8.3
-1%
N/A
CH
Glencore PLC
LSE:GLEN
Negative Multiple: -29 N/A N/A
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
11.9
9%
1.3
SA
Saudi Arabian Mining Company SJSC
SAU:1211
53.7
33%
1.6
UK
Anglo American PLC
LSE:AAL
Negative Multiple: -13.1 N/A N/A
ZA
A
African Rainbow Minerals Ltd
JSE:ARI
Not Available
-76%
N/A
IN
Hindustan Zinc Ltd
NSE:HINDZINC
20.5
N/A N/A
CN
CMOC Group Ltd
SSE:603993
10.7
12%
0.9
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
AU
Metals X Ltd
ASX:MLX
Average EV/EBITDA: 39.9
2.7
N/A N/A
AU
BHP Group Ltd
ASX:BHP
5
-4%
N/A
AU
Rio Tinto Ltd
ASX:RIO
5.5
5%
1.1
UK
Rio Tinto PLC
LSE:RIO
24.9
6%
4.1
CH
Glencore PLC
LSE:GLEN
222.2
17%
13.1
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
5.2
7%
0.7
SA
Saudi Arabian Mining Company SJSC
SAU:1211
12.4
1%
12.4
UK
Anglo American PLC
LSE:AAL
104.7
7%
15
ZA
A
African Rainbow Minerals Ltd
JSE:ARI
Not Available
283%
N/A
IN
Hindustan Zinc Ltd
NSE:HINDZINC
12
N/A N/A
CN
CMOC Group Ltd
SSE:603993
4.8
14%
0.3
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
AU
Metals X Ltd
ASX:MLX
Average EV/EBIT: 82.8
2.7
N/A N/A
AU
BHP Group Ltd
ASX:BHP
6.2
-5%
N/A
AU
Rio Tinto Ltd
ASX:RIO
7.5
5%
1.5
UK
Rio Tinto PLC
LSE:RIO
34.3
4%
8.6
CH
Glencore PLC
LSE:GLEN
563.3
32%
17.6
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
6.1
6%
1
SA
Saudi Arabian Mining Company SJSC
SAU:1211
18.5
3%
6.2
UK
Anglo American PLC
LSE:AAL
169.1
10%
16.9
ZA
A
African Rainbow Minerals Ltd
JSE:ARI
Not Available
242%
N/A
IN
Hindustan Zinc Ltd
NSE:HINDZINC
15.2
N/A N/A
CN
CMOC Group Ltd
SSE:603993
4.8
8%
0.6

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
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