Relative Value

The Relative Value of one MC stock under the Base Case scenario is 11.11 THB. Compared to the current market price of 10.1 THB, MC Group PCL is Undervalued by 9%.

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.

MC Relative Value
Base Case
11.11 THB
Undervaluation 9%
Relative Value
Price
M
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
63
vs Industry
23
Median 3Y
2.4
Median 5Y
2.2
Industry
1
Forward
1.8
vs History
92
vs Industry
47
Median 3Y
13.6
Median 5Y
14
Industry
17.3
Forward
10.4
vs History
41
vs Industry
33
Median 3Y
9.8
Median 5Y
10.2
Industry
9.9
vs History
41
vs Industry
27
Median 3Y
15.8
Median 5Y
15.4
Industry
16.6
vs History
41
vs Industry
25
Median 3Y
2.2
Median 5Y
2
Industry
1.3
vs History
65
vs Industry
29
Median 3Y
2
Median 5Y
1.9
Industry
1.1
Forward
1.6
vs History
69
vs Industry
51
Median 3Y
3.1
Median 5Y
2.9
Industry
3.8
vs History
88
vs Industry
54
Median 3Y
6.1
Median 5Y
6.2
Industry
9.6
Forward
5
vs History
92
vs Industry
48
Median 3Y
9.3
Median 5Y
9.5
Industry
12.8
Forward
7.1
vs History
38
vs Industry
38
Median 3Y
8.7
Median 5Y
8.7
Industry
10.8
vs History
53
vs Industry
35
Median 3Y
10.5
Median 5Y
10.1
Industry
13.8
vs History
47
vs Industry
21
Median 3Y
2.1
Median 5Y
1.9
Industry
1

Multiples Across Competitors

MC Competitors Multiples
MC Group PCL Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
TH
MC Group PCL
SET:MC
8B THB 2 10.8 5.2 7.5
FR
Hermes International SCA
PAR:RMS
261.5B EUR 17.2 56.8 35.8 40.7
FR
LVMH Moet Hennessy Louis Vuitton SE
PAR:MC
246.5B EUR 2.9 19.6 9.8 13.7
FR
EssilorLuxottica SA
PAR:EL
118.9B EUR 4.5 50.4 19.6 37.2
CH
Compagnie Financiere Richemont SA
SIX:CFR
95.5B CHF 5 77.8 22.9 22.9
FR
Christian Dior SE
PAR:CDI
83.6B EUR 1 16.1 4.1 5.7
DE
Adidas AG
XETRA:ADS
39.3B EUR 1.6 38.5 14.7 25.8
CA
Lululemon Athletica Inc
NASDAQ:LULU
40.1B USD 3.8 22.1 12.9 15.2
IN
Titan Company Ltd
NSE:TITAN
3.2T INR 5.2 94.7 57.4 65.3
CN
ANTA Sports Products Ltd
HKEX:2020
262.3B HKD 3.4 15.5 10.5 13.9
FR
Kering SA
PAR:KER
21.8B EUR 1.3 19.3 8 14.9