Megaport Ltd
ASX:MP1

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Megaport Ltd
ASX:MP1
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Price: 12.65 AUD -3.95% Market Closed
Market Cap: 2.2B AUD

Relative Value

The Relative Value of one MP1 stock under the Base Case scenario is 18 AUD. Compared to the current market price of 12.65 AUD, Megaport Ltd is Undervalued by 30%.

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.

MP1 Relative Value
Base Case
18 AUD
Undervaluation 30%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
73
vs Industry
24
Median 3Y
6.3
Median 5Y
7.2
Industry
2.4
Forward
4.6
vs History
vs Industry
4
Median 3Y
-13.7
Median 5Y
-27.2
Industry
22.5
Forward
-214.4
vs History
34
vs Industry
30
Median 3Y
21.9
Median 5Y
-70.8
Industry
16.2
vs History
25
vs Industry
21
Median 3Y
27.1
Median 5Y
-19.7
Industry
20.8
vs History
52
vs Industry
19
Median 3Y
7.6
Median 5Y
8
Industry
3
vs History
71
vs Industry
25
Median 3Y
6
Median 5Y
6.9
Industry
2.4
Forward
4.3
vs History
77
vs Industry
32
Median 3Y
8.6
Median 5Y
10
Industry
4.9
vs History
11
vs Industry
0
Median 3Y
196.9
Median 5Y
-17.1
Industry
12.3
Forward
20.7
vs History
11
vs Industry
0
Median 3Y
196.9
Median 5Y
-17.1
Industry
15.8
Forward
120.1
vs History
34
vs Industry
31
Median 3Y
20.6
Median 5Y
-62.2
Industry
14.8
vs History
20
vs Industry
23
Median 3Y
20.9
Median 5Y
-21.2
Industry
17.4
vs History
52
vs Industry
16
Median 3Y
6.7
Median 5Y
8.5
Industry
2.4

Multiples Across Competitors

MP1 Competitors Multiples
Megaport Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
AU
Megaport Ltd
ASX:MP1
2B AUD 6 -4 627.5 1 125.4 1 125.4
CA
Shopify Inc
NYSE:SHOP
213.7B USD 20 120 153.9 157.6
US
Snowflake Inc.
NYSE:SNOW
74.5B USD 17 -55.2 -62.2 -52.8
US
Cloudflare Inc
NYSE:NET
70.9B USD 35.2 -687 -4 454.3 -363.9
ID
DCI Indonesia Tbk PT
IDX:DCII
583.5T IDR 221.7 497.9 415.1 415.1
US
MongoDB Inc
NASDAQ:MDB
33.8B USD 14.6 -476.4 -236.6 -202
US
Verisign Inc
NASDAQ:VRSN
22.5B USD 13.8 27.7 20.9 21.5
US
Twilio Inc
NYSE:TWLO
20.2B USD 4.1 300.7 61 171.1
US
GoDaddy Inc
NYSE:GDDY
16.9B USD 3.5 20.4 16.4 18.2
US
Okta Inc
NASDAQ:OKTA
16B USD 5.6 82 62 110.8
US
Akamai Technologies Inc
NASDAQ:AKAM
12.3B USD 3 24.4 11.5 24.1
P/S Multiple
Revenue Growth P/S to Growth
AU
Megaport Ltd
ASX:MP1
Average P/S: 31.3
6
30%
0.2
CA
Shopify Inc
NYSE:SHOP
20
25%
0.8
US
Snowflake Inc.
NYSE:SNOW
17
26%
0.7
US
Cloudflare Inc
NYSE:NET
35.2
28%
1.3
ID
DCI Indonesia Tbk PT
IDX:DCII
221.7
N/A N/A
US
MongoDB Inc
NASDAQ:MDB
14.6
18%
0.8
US
Verisign Inc
NASDAQ:VRSN
13.8
6%
2.3
US
Twilio Inc
NYSE:TWLO
4.1
10%
0.4
US
GoDaddy Inc
NYSE:GDDY
3.5
8%
0.4
US
Okta Inc
NASDAQ:OKTA
5.6
11%
0.5
US
Akamai Technologies Inc
NASDAQ:AKAM
3
6%
0.5
P/E Multiple
Earnings Growth PEG
AU
Megaport Ltd
ASX:MP1
Average P/E: 153.3
Negative Multiple: -4 627.5
N/A N/A
CA
Shopify Inc
NYSE:SHOP
120
14%
8.6
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -55.2 N/A N/A
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -687 N/A N/A
ID
DCI Indonesia Tbk PT
IDX:DCII
497.9
N/A N/A
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -476.4 N/A N/A
US
Verisign Inc
NASDAQ:VRSN
27.7
7%
4
US
Twilio Inc
NYSE:TWLO
300.7
N/A N/A
US
GoDaddy Inc
NYSE:GDDY
20.4
11%
1.9
US
Okta Inc
NASDAQ:OKTA
82
197%
0.4
US
Akamai Technologies Inc
NASDAQ:AKAM
24.4
33%
0.7
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
AU
Megaport Ltd
ASX:MP1
Average EV/EBITDA: 233.3
1 125.4
395%
2.8
CA
Shopify Inc
NYSE:SHOP
153.9
46%
3.3
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -62.2 N/A N/A
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -4 454.3 N/A N/A
ID
DCI Indonesia Tbk PT
IDX:DCII
415.1
N/A N/A
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -236.6 N/A N/A
US
Verisign Inc
NASDAQ:VRSN
20.9
8%
2.6
US
Twilio Inc
NYSE:TWLO
61
104%
0.6
US
GoDaddy Inc
NYSE:GDDY
16.4
22%
0.7
US
Okta Inc
NASDAQ:OKTA
62
246%
0.3
US
Akamai Technologies Inc
NASDAQ:AKAM
11.5
16%
0.7
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
AU
Megaport Ltd
ASX:MP1
Average EV/EBIT: 255.5
1 125.4
290%
3.9
CA
Shopify Inc
NYSE:SHOP
157.6
45%
3.5
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -52.8 N/A N/A
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -363.9 N/A N/A
ID
DCI Indonesia Tbk PT
IDX:DCII
415.1
N/A N/A
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -202 N/A N/A
US
Verisign Inc
NASDAQ:VRSN
21.5
6%
3.6
US
Twilio Inc
NYSE:TWLO
171.1
N/A N/A
US
GoDaddy Inc
NYSE:GDDY
18.2
21%
0.9
US
Okta Inc
NASDAQ:OKTA
110.8
N/A N/A
US
Akamai Technologies Inc
NASDAQ:AKAM
24.1
26%
0.9