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Mongolian Mining Corp
HKEX:975

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Mongolian Mining Corp
HKEX:975
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Price: 9.45 HKD -3.28% Market Closed
Market Cap: HK$9.8B

EV/IC

0.7
Current
25%
More Expensive
vs 3-y average of 0.6

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
0.7
=
Enterprise Value
HK$12.2B
/
Invested Capital
$2B

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
0.7
=
Enterprise Value
HK$12.2B
/
Invested Capital
$2B

Valuation Scenarios

Mongolian Mining Corp is trading above its 3-year average

If EV/IC returns to its 3-Year Average (0.6), the stock would be worth HK$7.58 (20% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-34%
Maximum Upside
+86%
Average Upside
30%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 0.7 HK$9.45
0%
3-Year Average 0.6 HK$7.58
-20%
5-Year Average 0.5 HK$6.24
-34%
Industry Average 1.3 HK$17.58
+86%
Country Average 1.3 HK$17.58
+86%

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
MN
Mongolian Mining Corp
HKEX:975
9.8B HKD 0.7 204.7
ZA
Kumba Iron Ore Ltd
JSE:KIO
100.1B ZAR 1.1 6.9
BR
Vale SA
BOVESPA:VALE3
346.5B BRL 1 25.2
US
Nucor Corp
NYSE:NUE
51.7B USD 1.8 29.8
LU
ArcelorMittal SA
AEX:MT
37.5B EUR 0.6 15
AU
Fortescue Metals Group Ltd
ASX:FMG
61.6B AUD 1.7 11.2
AU
Fortescue Ltd
XMUN:FVJ
36.9B EUR 1.7 11.4
US
Steel Dynamics Inc
NASDAQ:STLD
33.2B USD 2.5 24.2
IN
JSW Steel Ltd
NSE:JSWSTEEL
3.1T INR 1.8 41.2
IN
Tata Steel Ltd
NSE:TATASTEEL
2.6T INR 1.3 28.7
KR
Posco Holdings Inc
KRX:005490
34.9T KRW 0.5 53.1

Market Distribution

Lower than 72% of companies in Mongolia
Percentile
28th
Based on 10 companies
28th percentile
0.7
Low
0.1 — 1
Typical Range
1 — 1.8
High
1.8 —
Distribution Statistics
Mongolia
Min 0.1
30th Percentile 1
Median 1.3
70th Percentile 1.8
Max 2.8

Mongolian Mining Corp
Glance View

Market Cap
9.8B HKD
Industry
Metals & Mining

Mongolian Mining Corp. engages in the mining, processing, and trading of coal. The company is mainly involved in the production and exporting of washed hard coking coal. The firm owns and operates two open-pit mines of coking coal in Southern Gobi of Mongolia, including Ukhaa Khudag mine and Baruun Naran mine. The firm mainly exports its products to China. The firm is also involved in the management of railway projects, the operation and management of airports, the exploration and supply of water, the management of power supply projects, as well as the construction of roads through its subsidiaries.

Intrinsic Value
10.61 HKD
Undervaluation 11%
Intrinsic Value
Price HK$9.45
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