MMG Ltd
HKEX:1208

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MMG Ltd
HKEX:1208
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Price: 8.47 HKD 3.29% Market Closed
Market Cap: 102.8B HKD

Relative Value

The Relative Value of one MMG Ltd stock under the Base Case scenario is 16.22 HKD. Compared to the current market price of 8.47 HKD, MMG Ltd is Undervalued by 48%.

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.

Relative Value
Base Case
16.22 HKD
Undervaluation 48%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
0
vs Industry
63
Median 3Y
0.9
Median 5Y
0.8
Industry
2
Forward
2.2
vs History
30
vs Industry
8
Median 3Y
26.6
Median 5Y
14.4
Industry
18.8
Forward
19.3
vs History
0
vs Industry
30
Median 3Y
2.4
Median 5Y
2.2
Industry
11.1
vs History
vs Industry
18
Median 3Y
2.2
Median 5Y
3.9
Industry
18.3
vs History
11
vs Industry
44
Median 3Y
1.3
Median 5Y
1.6
Industry
2.1
vs History
11
vs Industry
52
Median 3Y
1.9
Median 5Y
2
Industry
2.4
Forward
2.7
vs History
vs Industry
Median 3Y
0
Median 5Y
0
Industry
8.2
vs History
41
vs Industry
20
Median 3Y
9.2
Median 5Y
8.5
Industry
12.1
Forward
5.4
vs History
41
vs Industry
21
Median 3Y
9.2
Median 5Y
8.5
Industry
14.9
Forward
8.3
vs History
17
vs Industry
27
Median 3Y
4.9
Median 5Y
4.8
Industry
12.3
vs History
28
vs Industry
14
Median 3Y
10.5
Median 5Y
9
Industry
16.8
vs History
0
vs Industry
64
Median 3Y
0.6
Median 5Y
0.6
Industry
1.9

Multiples Across Competitors

Competitors Multiples
MMG 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
MMG Ltd
HKEX:1208
102.8B HKD 2.5 27.5 9.6 9.6
AU
BHP Group Ltd
ASX:BHP
227.6B AUD 2.9 16.8 6.4 8.2
AU
Rio Tinto Ltd
ASX:RIO
224.8B AUD 2.8 14.5 7.7 11
UK
Rio Tinto PLC
LSE:RIO
89.4B GBP 2.2 11.6 120.3 172.9
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
1.3T MXN 4.3 18.6 8.4 9.9
SA
Saudi Arabian Mining Company SJSC
SAU:1211
248.9B SAR 6.6 44.7 20 30.2
CH
Glencore PLC
LSE:GLEN
45.3B GBP 0.3 -29.4 259 780.2
CN
CMOC Group Ltd
SSE:603993
394.1B CNY 1.9 20.2 12.5 12.5
CN
China Molybdenum Co Ltd
OTC:CMCLF
51.1B USD 1.8 18.5 11.5 11.5
UK
Anglo American PLC
LSE:AAL
35.1B GBP 2.1 -10.9 129.5 229.8
ZA
African Rainbow Minerals Ltd
JSE:ARI
36.7B Zac 0 0 0 0
P/E Multiple
Earnings Growth PEG
AU
MMG Ltd
HKEX:1208
Average P/E: 21.5
27.5
83%
0.3
AU
BHP Group Ltd
ASX:BHP
16.8
6%
2.8
AU
Rio Tinto Ltd
ASX:RIO
14.5
1%
14.5
UK
Rio Tinto PLC
LSE:RIO
11.6
1%
11.6
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
18.6
15%
1.2
SA
Saudi Arabian Mining Company SJSC
SAU:1211
44.7
45%
1
CH
Glencore PLC
LSE:GLEN
Negative Multiple: -29.4 N/A N/A
CN
CMOC Group Ltd
SSE:603993
20.2
23%
0.9
CN
C
China Molybdenum Co Ltd
OTC:CMCLF
18.5
23%
0.8
UK
Anglo American PLC
LSE:AAL
Negative Multiple: -10.9 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
MMG Ltd
HKEX:1208
Average EV/EBITDA: 58.5
9.6
46%
0.2
AU
BHP Group Ltd
ASX:BHP
6.4
2%
3.2
AU
Rio Tinto Ltd
ASX:RIO
7.7
7%
1.1
UK
Rio Tinto PLC
LSE:RIO
120.3
8%
15
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
8.4
10%
0.8
SA
Saudi Arabian Mining Company SJSC
SAU:1211
20
8%
2.5
CH
Glencore PLC
LSE:GLEN
259
16%
16.2
CN
CMOC Group Ltd
SSE:603993
12.5
24%
0.5
CN
C
China Molybdenum Co Ltd
OTC:CMCLF
11.5
24%
0.5
UK
Anglo American PLC
LSE:AAL
129.5
4%
32.4
ZA
A
African Rainbow Minerals Ltd
JSE:ARI
Not Available N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
AU
MMG Ltd
HKEX:1208
Average EV/EBIT: 127.6
9.6
34%
0.3
AU
BHP Group Ltd
ASX:BHP
8.2
2%
4.1
AU
Rio Tinto Ltd
ASX:RIO
11
9%
1.2
UK
Rio Tinto PLC
LSE:RIO
172.9
8%
21.6
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
9.9
10%
1
SA
Saudi Arabian Mining Company SJSC
SAU:1211
30.2
11%
2.7
CH
Glencore PLC
LSE:GLEN
780.2
29%
26.9
CN
CMOC Group Ltd
SSE:603993
12.5
18%
0.7
CN
C
China Molybdenum Co Ltd
OTC:CMCLF
11.5
18%
0.6
UK
Anglo American PLC
LSE:AAL
229.8
9%
25.5
ZA
A
African Rainbow Minerals Ltd
JSE:ARI
Not Available N/A N/A