Mitchell Services Ltd
ASX:MSV

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Mitchell Services Ltd
ASX:MSV
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Price: 0.49 AUD -4.85% Market Closed
Market Cap: AU$103.9m

EV/IC

1.1
Current
40%
More Expensive
vs 3-y average of 0.8

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
1.1
=
Enterprise Value
AU$79.1m
/
Invested Capital
AU$81.8m

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
1.1
=
Enterprise Value
AU$79.1m
/
Invested Capital
AU$81.8m

Valuation Scenarios

Mitchell Services Ltd is trading above its 3-year average

If EV/IC returns to its 3-Year Average (0.8), the stock would be worth AU$0.35 (29% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-29%
Maximum Upside
+111%
Average Upside
28%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 1.1 AU$0.49
0%
3-Year Average 0.8 AU$0.35
-29%
5-Year Average 0.9 AU$0.38
-22%
Industry Average 2.4 AU$1.03
+111%
Country Average 1.7 AU$0.75
+53%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
Close
Market Cap EV/IC P/E
AU
Mitchell Services Ltd
ASX:MSV
103.9m AUD 1.1 11.6
AU
BHP Group Ltd
ASX:BHP
272.8B AUD 2.2 19.2
AU
Rio Tinto Ltd
ASX:RIO
271.8B AUD 2.4 19.9
UK
Rio Tinto PLC
LSE:RIO
120.1B GBP 1.5 15.9
CH
Glencore PLC
LSE:GLEN
66.1B GBP 1.6 241.2
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
1.5T MXN 2.9 17.2
SA
Saudi Arabian Mining Company SJSC
SAU:1211
248.9B SAR 2.6 33.9
CN
CMOC Group Ltd
SSE:603993
398.4B CNY 2.4 19.6
UK
Anglo American PLC
LSE:AAL
42.3B GBP 1.5 -15
CN
China Molybdenum Co Ltd
OTC:CMCLF
47.3B USD 2 16
ZA
African Rainbow Minerals Ltd
JSE:ARI
43B ZAR 0.5 33.3

Market Distribution

In line with most companies in Australia
Percentile
32st
Based on 2 047 companies
32st percentile
1.1
Low
0 — 1.1
Typical Range
1.1 — 3.5
High
3.5 —
Distribution Statistics
Australia
Min 0
30th Percentile 1.1
Median 1.7
70th Percentile 3.5
Max 3 073.7

Mitchell Services Ltd
Glance View

Market Cap
103.9m AUD
Industry
Metals & Mining

Mitchell Services Ltd. engages in the provision of drilling services to the mining industry. The company is headquartered in Brisbane, Queensland and currently employs 650 full-time employees. The company went IPO on 2011-08-02. The firm provides mine site drilling services to the global exploration, mining and energy industries. The firm offers a range of services, including coal exploration, mineral exploration, mine services, large diameter, coal seam gas, directional drilling services, coal mine gas drainage and wireline services. The firm through its subsidiary Deepcore Holdings Pty Ltd provides services to the mining and infrastructure industries, including underground mobile drilling, diamond drilling, acoustic and deep directional drilling. The firm carries out its mine and exploration service in brownfields and greenfields projects in Australia.

MSV Intrinsic Value
0.81 AUD
Undervaluation 39%
Intrinsic Value
Price AU$0.49
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