MMG Ltd
HKEX:1208

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MMG Ltd
HKEX:1208
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Price: 3.89 HKD -3.95% Market Closed
Market Cap: 47.2B HKD

Relative Value

The Relative Value of one MMG Ltd stock under the Base Case scenario is 14.75 HKD. Compared to the current market price of 3.89 HKD, MMG Ltd is Undervalued by 74%.

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
14.75 HKD
Undervaluation 74%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
4
vs Industry
63
Median 3Y
0.8
Median 5Y
0.8
Industry
1.8
Forward
1
vs History
28
vs Industry
8
Median 3Y
36.6
Median 5Y
12.1
Industry
16.2
Forward
11.9
vs History
0
vs Industry
30
Median 3Y
2.2
Median 5Y
2.2
Industry
9.6
vs History
11
vs Industry
18
Median 3Y
6.6
Median 5Y
6.6
Industry
15.8
vs History
36
vs Industry
44
Median 3Y
1.2
Median 5Y
1.6
Industry
1.6
vs History
22
vs Industry
52
Median 3Y
1.9
Median 5Y
2
Industry
2.2
Forward
1.6
vs History
vs Industry
Median 3Y
0
Median 5Y
0
Industry
7.3
vs History
49
vs Industry
20
Median 3Y
9.2
Median 5Y
9.4
Industry
10.5
Forward
3.7
vs History
49
vs Industry
21
Median 3Y
9.2
Median 5Y
9.4
Industry
13.4
Forward
6.5
vs History
30
vs Industry
27
Median 3Y
4.8
Median 5Y
4.9
Industry
10.9
vs History
12
vs Industry
14
Median 3Y
10.5
Median 5Y
10.8
Industry
14.5
vs History
30
vs Industry
64
Median 3Y
0.6
Median 5Y
0.6
Industry
1.4

Multiples Across Competitors

Competitors Multiples
MMG Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
AU
MMG Ltd
HKEX:1208
47.2B HKD 1.3 37.1 9.2 9.2
AU
BHP Group Ltd
ASX:BHP
196.5B AUD 2.4 11.4 5.1 6.4
AU
Rio Tinto Ltd
ASX:RIO
176.5B AUD 2.2 10.1 5.5 7.6
UK
Rio Tinto PLC
LSE:RIO
69.3B GBP 1.8 8.2 24.8 34.2
CH
Glencore PLC
LSE:GLEN
36.8B GBP 0.2 -30.8 222.4 564
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
874.3B MXN 2.9 12.8 5.5 6.5
SA
Saudi Arabian Mining Company SJSC
SAU:1211
154.3B SAR 4.6 44.8 16.5 29.4
UK
Anglo American PLC
LSE:AAL
29.6B GBP 1.5 -13.2 104.7 169.1
ZA
African Rainbow Minerals Ltd
JSE:ARI
34.6B Zac 0 0 0 0
CN
CMOC Group Ltd
SSE:603993
184.5B CNY 0.9 12 5.4 5.4
IN
Hindustan Zinc Ltd
NSE:HINDZINC
1.9T INR 5.5 18.2 10.6 13.4
P/E Multiple
Earnings Growth PEG
AU
MMG Ltd
HKEX:1208
Average P/E: 19.3
37.1
66%
0.6
AU
BHP Group Ltd
ASX:BHP
11.4
-13%
N/A
AU
Rio Tinto Ltd
ASX:RIO
10.1
-1%
N/A
UK
Rio Tinto PLC
LSE:RIO
8.2
-1%
N/A
CH
Glencore PLC
LSE:GLEN
Negative Multiple: -30.8 N/A N/A
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
12.8
9%
1.4
SA
Saudi Arabian Mining Company SJSC
SAU:1211
44.8
33%
1.4
UK
Anglo American PLC
LSE:AAL
Negative Multiple: -13.2 N/A N/A
ZA
A
African Rainbow Minerals Ltd
JSE:ARI
Not Available
-76%
N/A
CN
CMOC Group Ltd
SSE:603993
12
12%
1
IN
Hindustan Zinc Ltd
NSE:HINDZINC
18.2
N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
AU
MMG Ltd
HKEX:1208
Average EV/EBITDA: 41
9.2
44%
0.2
AU
BHP Group Ltd
ASX:BHP
5.1
-4%
N/A
AU
Rio Tinto Ltd
ASX:RIO
5.5
5%
1.1
UK
Rio Tinto PLC
LSE:RIO
24.8
6%
4.1
CH
Glencore PLC
LSE:GLEN
222.4
17%
13.1
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
5.5
7%
0.8
SA
Saudi Arabian Mining Company SJSC
SAU:1211
16.5
2%
8.2
UK
Anglo American PLC
LSE:AAL
104.7
7%
15
ZA
A
African Rainbow Minerals Ltd
JSE:ARI
Not Available
283%
N/A
CN
CMOC Group Ltd
SSE:603993
5.4
14%
0.4
IN
Hindustan Zinc Ltd
NSE:HINDZINC
10.6
N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
AU
MMG Ltd
HKEX:1208
Average EV/EBIT: 84.5
9.2
26%
0.4
AU
BHP Group Ltd
ASX:BHP
6.4
-5%
N/A
AU
Rio Tinto Ltd
ASX:RIO
7.6
5%
1.5
UK
Rio Tinto PLC
LSE:RIO
34.2
4%
8.5
CH
Glencore PLC
LSE:GLEN
564
32%
17.6
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
6.5
6%
1.1
SA
Saudi Arabian Mining Company SJSC
SAU:1211
29.4
5%
5.9
UK
Anglo American PLC
LSE:AAL
169.1
10%
16.9
ZA
A
African Rainbow Minerals Ltd
JSE:ARI
Not Available
242%
N/A
CN
CMOC Group Ltd
SSE:603993
5.4
8%
0.7
IN
Hindustan Zinc Ltd
NSE:HINDZINC
13.4
N/A N/A