Synlait Milk Ltd
NZX:SML

Watchlist Manager
Synlait Milk Ltd Logo
Synlait Milk Ltd
NZX:SML
Watchlist
Price: 0.67 NZD -4.29% Market Closed
Market Cap: 404.1m NZD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one SML stock under the Base Case scenario is 1.28 NZD. Compared to the current market price of 0.67 NZD, Synlait Milk 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.

SML Relative Value
Base Case
1.28 NZD
Undervaluation 48%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

0.2
P/S
P/S
Price to Sales
0.2
vs History
68
vs Industry
79
Median 3Y
0.2
Median 5Y
0.5
Industry
0.9
Forward
0.2
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
31
Median 3Y
-0.9
Median 5Y
-0.5
Industry
16.3
Forward
132.7
More Details
9.8
P/OCF
P/OCF
Price to OCF
9.8
vs History
31
vs Industry
70
Median 3Y
3
Median 5Y
7.4
Industry
9.5
More Details
Negative
P/FCFE
P/FCFE
Price to FCFE
N/A
vs History
vs Industry
56
Median 3Y
1.6
Median 5Y
1.6
Industry
16.8
More Details
0.5
P/B
P/B
Price to Book Value
0.5
vs History
63
vs Industry
66
Median 3Y
0.4
Median 5Y
0.9
Industry
1.4
More Details
0.4
EV/S
EV/S
Enterprise Value to Sales
0.4
vs History
68
vs Industry
74
Median 3Y
0.4
Median 5Y
0.7
Industry
1.1
Forward
0.3
More Details
5.8
EV/GP
EV/GP
Enterprise Value to Gross Profit
5.8
vs History
66
vs Industry
16
Median 3Y
6.2
Median 5Y
7.1
Industry
4.7
More Details
Negative
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
N/A
vs History
vs Industry
22
Median 3Y
10.8
Median 5Y
11.2
Industry
9.9
Forward
6.3
More Details
Negative
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
N/A
vs History
vs Industry
31
Median 3Y
10.8
Median 5Y
11.2
Industry
13.2
Forward
14
More Details
16.2
EV/OCF
EV/OCF
Enterprise Value to OCF
16.2
vs History
25
vs Industry
67
Median 3Y
5
Median 5Y
12.3
Industry
10.6
More Details
45.5
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
45.5
vs History
6
vs Industry
37
Median 3Y
7.1
Median 5Y
-5.8
Industry
14.6
More Details
0.5
EV/IC
EV/IC
Enterprise Value to IC
0.5
vs History
61
vs Industry
73
Median 3Y
0.4
Median 5Y
0.7
Industry
1.1
More Details

Multiples Across Competitors

SML Competitors Multiples
Synlait Milk Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
NZ
Synlait Milk Ltd
NZX:SML
404.1m NZD 0.2 -5 -47.5 -47.5
JP
Goyo Foods Industry Co Ltd
TSE:2230
53.2T JPY 23 895.9 540 752.8 186 542.5 318 284.3
CH
Nestle SA
SIX:NESN
216.8B CHF 2.4 19.9 13.6 16.7
US
Mondelez International Inc
NASDAQ:MDLZ
86.7B USD 2.4 24.1 17.4 22.3
FR
Danone SA
PAR:BN
46.8B EUR 1.7 23.2 11.1 14.7
ZA
Tiger Brands Ltd
JSE:TBS
50.4B Zac 0 0 0 0
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
30.5B CHF 5.6 45.3 25.8 34.3
US
Hershey Co
NYSE:HSY
34.3B USD 3.2 20.8 13.7 16.4
CN
Muyuan Foods Co Ltd
SZSE:002714
239.2B CNY 1.6 9.7 10.3 10.3
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
227.7B CNY 8.3 34.4 28 28
US
Kraft Heinz Co
NASDAQ:KHC
31.1B USD 1.2 11.7 7.9 9.3
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
NZ
Synlait Milk Ltd
NZX:SML
Average EV/EBITDA: 20 741.1
Negative Multiple: -47.5 		N/A N/A
JP
G
Goyo Foods Industry Co Ltd
TSE:2230
186 542.5
N/A N/A
CH
Nestle SA
SIX:NESN
13.6
3%
4.5
US
Mondelez International Inc
NASDAQ:MDLZ
17.4
-1%
N/A
FR
Danone SA
PAR:BN
11.1
5%
2.2
ZA
T
Tiger Brands Ltd
JSE:TBS
Not Available
12%
N/A
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
25.8
8%
3.2
US
Hershey Co
NYSE:HSY
13.7
-8%
N/A
CN
Muyuan Foods Co Ltd
SZSE:002714
10.3
33%
0.3
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
28
17%
1.6
US
Kraft Heinz Co
NASDAQ:KHC
7.9
-1%
N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
NZ
Synlait Milk Ltd
NZX:SML
Average EV/EBIT: 35 381.8
Negative Multiple: -47.5 		N/A N/A
JP
G
Goyo Foods Industry Co Ltd
TSE:2230
318 284.3
N/A N/A
CH
Nestle SA
SIX:NESN
16.7
2%
8.3
US
Mondelez International Inc
NASDAQ:MDLZ
22.3
-2%
N/A
FR
Danone SA
PAR:BN
14.7
6%
2.5
ZA
T
Tiger Brands Ltd
JSE:TBS
Not Available
15%
N/A
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
34.3
9%
3.8
US
Hershey Co
NYSE:HSY
16.4
-10%
N/A
CN
Muyuan Foods Co Ltd
SZSE:002714
10.3
18%
0.6
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
28
13%
2.2
US
Kraft Heinz Co
NASDAQ:KHC
9.3
-1%
N/A

See Also

Summary
SML intrinsic value, competitors valuation, and company profile.
DCF Valuation
SML stock valuation using Discount Cash Flow valuation method.
Relative Valuation
SML stock valuation using valuation multiples.
Wall Street Estimates
SML price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
SML stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
Back to Top
ALPHA SPREAD
Follow us
Join more than 261,600+ value investors using Alpha Spread
Create Free Account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2025 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.