MMG Ltd
HKEX:1208

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MMG Ltd
HKEX:1208
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Price: 5.8 HKD 3.2% Market Closed
Market Cap: 70.4B HKD

Relative Value

The Relative Value of one MMG Ltd stock under the Base Case scenario is 15.11 HKD. Compared to the current market price of 5.8 HKD, MMG Ltd is Undervalued by 62%.

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
15.11 HKD
Undervaluation 62%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
0
vs Industry
63
Median 3Y
0.8
Median 5Y
0.8
Industry
1.9
Forward
1.5
vs History
38
vs Industry
8
Median 3Y
25.9
Median 5Y
12.3
Industry
18.1
Forward
15.2
vs History
0
vs Industry
30
Median 3Y
2.3
Median 5Y
2.2
Industry
10.7
vs History
vs Industry
18
Median 3Y
2.2
Median 5Y
4.7
Industry
18.2
vs History
15
vs Industry
44
Median 3Y
1.2
Median 5Y
1.6
Industry
2
vs History
19
vs Industry
52
Median 3Y
1.9
Median 5Y
2
Industry
2.3
Forward
2.1
vs History
vs Industry
Median 3Y
0
Median 5Y
0
Industry
8
vs History
61
vs Industry
20
Median 3Y
8.9
Median 5Y
8.5
Industry
11.5
Forward
4.8
vs History
61
vs Industry
21
Median 3Y
8.9
Median 5Y
8.5
Industry
14.5
Forward
6.7
vs History
38
vs Industry
27
Median 3Y
4.8
Median 5Y
4.8
Industry
12.2
vs History
49
vs Industry
14
Median 3Y
9
Median 5Y
9
Industry
16.2
vs History
6
vs Industry
64
Median 3Y
0.6
Median 5Y
0.6
Industry
1.7

Multiples Across Competitors

Competitors Multiples
MMG Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
AU
MMG Ltd
HKEX:1208
70.4B HKD 1.7 18.8 7.2 7.2
AU
BHP Group Ltd
ASX:BHP
201.2B AUD 2.6 14.7 5.7 7.3
AU
Rio Tinto Ltd
ASX:RIO
185.1B AUD 2.3 11.9 6.3 9.1
UK
Rio Tinto PLC
LSE:RIO
74.7B GBP 1.9 9.8 119.4 171.6
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
1T MXN 3.4 14.7 6.7 7.9
CH
Glencore PLC
LSE:GLEN
37.3B GBP 0.2 -24.5 258.1 777.6
SA
Saudi Arabian Mining Company SJSC
SAU:1211
154.3B SAR 4.3 35.6 15 24.9
UK
Anglo American PLC
LSE:AAL
29.9B GBP 1.9 -9.4 128.5 228
CN
CMOC Group Ltd
SSE:603993
269B CNY 1.3 15.8 8.8 8.8
CN
China Molybdenum Co Ltd
OTC:CMCLF
35.5B USD 1.2 14.8 8.3 8.3
ZA
African Rainbow Minerals Ltd
JSE:ARI
33.5B Zac 0 0 0 0
P/E Multiple
Earnings Growth PEG
AU
MMG Ltd
HKEX:1208
Average P/E: 17
18.8
75%
0.3
AU
BHP Group Ltd
ASX:BHP
14.7
4%
3.7
AU
Rio Tinto Ltd
ASX:RIO
11.9
-3%
N/A
UK
Rio Tinto PLC
LSE:RIO
9.8
-2%
N/A
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
14.7
8%
1.8
CH
Glencore PLC
LSE:GLEN
Negative Multiple: -24.5 N/A N/A
SA
Saudi Arabian Mining Company SJSC
SAU:1211
35.6
37%
1
UK
Anglo American PLC
LSE:AAL
Negative Multiple: -9.4 N/A N/A
CN
CMOC Group Ltd
SSE:603993
15.8
11%
1.4
CN
C
China Molybdenum Co Ltd
OTC:CMCLF
14.8
12%
1.2
ZA
A
African Rainbow Minerals Ltd
JSE:ARI
Not Available N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
AU
MMG Ltd
HKEX:1208
Average EV/EBITDA: 56.4
7.2
44%
0.2
AU
BHP Group Ltd
ASX:BHP
5.7
1%
5.7
AU
Rio Tinto Ltd
ASX:RIO
6.3
5%
1.3
UK
Rio Tinto PLC
LSE:RIO
119.4
6%
19.9
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
6.7
7%
1
CH
Glencore PLC
LSE:GLEN
258.1
17%
15.2
SA
Saudi Arabian Mining Company SJSC
SAU:1211
15
2%
7.5
UK
Anglo American PLC
LSE:AAL
128.5
7%
18.4
CN
CMOC Group Ltd
SSE:603993
8.8
14%
0.6
CN
C
China Molybdenum Co Ltd
OTC:CMCLF
8.3
14%
0.6
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: 125.1
7.2
31%
0.2
AU
BHP Group Ltd
ASX:BHP
7.3
-2%
N/A
AU
Rio Tinto Ltd
ASX:RIO
9.1
3%
3
UK
Rio Tinto PLC
LSE:RIO
171.6
2%
85.8
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
7.9
6%
1.3
CH
Glencore PLC
LSE:GLEN
777.6
27%
28.8
SA
Saudi Arabian Mining Company SJSC
SAU:1211
24.9
7%
3.6
UK
Anglo American PLC
LSE:AAL
228
5%
45.6
CN
CMOC Group Ltd
SSE:603993
8.8
10%
0.9
CN
C
China Molybdenum Co Ltd
OTC:CMCLF
8.3
10%
0.8
ZA
A
African Rainbow Minerals Ltd
JSE:ARI
Not Available N/A N/A