M

MCS Steel PCL
SET:MCS

Watchlist Manager
MCS Steel PCL
SET:MCS
Watchlist
Price: 8.25 THB -0.6% Market Closed
Market Cap: 3.9B THB

Relative Value

The Relative Value of one MCS stock under the Base Case scenario is 14.29 THB. Compared to the current market price of 8.25 THB, MCS Steel PCL is Undervalued by 42%.

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.

MCS Relative Value
Base Case
14.29 THB
Undervaluation 42%
Relative Value
Price
M
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
71
vs Industry
72
Median 3Y
0.7
Median 5Y
0.9
Industry
2.1
vs History
84
vs Industry
26
Median 3Y
7.2
Median 5Y
5.6
Industry
19.2
vs History
65
vs Industry
30
Median 3Y
5.9
Median 5Y
7.8
Industry
11.1
vs History
65
vs Industry
7
Median 3Y
13
Median 5Y
12.1
Industry
18.4
vs History
58
vs Industry
55
Median 3Y
1
Median 5Y
1.1
Industry
2.2
vs History
71
vs Industry
71
Median 3Y
0.7
Median 5Y
0.9
Industry
2.6
vs History
84
vs Industry
63
Median 3Y
2.7
Median 5Y
2.7
Industry
8.5
vs History
80
vs Industry
27
Median 3Y
4.5
Median 5Y
4
Industry
12.5
vs History
80
vs Industry
26
Median 3Y
5.6
Median 5Y
4.6
Industry
15.2
vs History
61
vs Industry
30
Median 3Y
6.1
Median 5Y
7.5
Industry
12.4
vs History
17
vs Industry
22
Median 3Y
3.4
Median 5Y
10
Industry
16.8
vs History
63
vs Industry
54
Median 3Y
0.9
Median 5Y
1
Industry
1.9

Multiples Across Competitors

MCS Competitors Multiples
MCS Steel PCL Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
TH
MCS Steel PCL
SET:MCS
3.9B THB 0.7 3.8 3.1 3.5
ZA
Kumba Iron Ore Ltd
JSE:KIO
111.5B Zac 0 0 0 0
BR
Vale SA
BOVESPA:VALE3
312.1B BRL 1.5 10.3 4.9 6.4
AU
Fortescue Metals Group Ltd
ASX:FMG
68.5B AUD 3 13.6 9.1 9.1
AU
Fortescue Ltd
XMUN:FVJ
38.4B EUR 2.9 13.4 8.9 8.9
US
Nucor Corp
NYSE:NUE
38.1B USD 1.2 23.1 10.6 16.8
LU
ArcelorMittal SA
AEX:MT
29.5B EUR 0.6 13.5 6.4 12.4
IN
JSW Steel Ltd
NSE:JSWSTEEL
2.7T INR 1.5 44.3 12.9 20.4
US
Steel Dynamics Inc
NASDAQ:STLD
25.8B USD 1.5 22.9 14.9 20.6
IN
Tata Steel Ltd
NSE:TATASTEEL
2.1T INR 1 31 9.5 15.3
CN
Baoshan Iron & Steel Co Ltd
SSE:600019
160.1B CNY 0.5 17 16.3 16.3
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
TH
M
MCS Steel PCL
SET:MCS
Average EV/EBITDA: 9.7
3.1
N/A N/A
ZA
K
Kumba Iron Ore Ltd
JSE:KIO
Not Available
6%
N/A
BR
Vale SA
BOVESPA:VALE3
4.9
9%
0.5
AU
Fortescue Metals Group Ltd
ASX:FMG
9.1
10%
0.9
AU
F
Fortescue Ltd
XMUN:FVJ
8.9
10%
0.9
US
Nucor Corp
NYSE:NUE
10.6
10%
1.1
LU
ArcelorMittal SA
AEX:MT
6.4
13%
0.5
IN
JSW Steel Ltd
NSE:JSWSTEEL
12.9
24%
0.5
US
Steel Dynamics Inc
NASDAQ:STLD
14.9
13%
1.1
IN
Tata Steel Ltd
NSE:TATASTEEL
9.5
20%
0.5
CN
Baoshan Iron & Steel Co Ltd
SSE:600019
16.3
59%
0.3
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
TH
M
MCS Steel PCL
SET:MCS
Average EV/EBIT: 13
3.5
N/A N/A
ZA
K
Kumba Iron Ore Ltd
JSE:KIO
Not Available
-4%
N/A
BR
Vale SA
BOVESPA:VALE3
6.4
7%
0.9
AU
Fortescue Metals Group Ltd
ASX:FMG
9.1
-7%
N/A
AU
F
Fortescue Ltd
XMUN:FVJ
8.9
-7%
N/A
US
Nucor Corp
NYSE:NUE
16.8
13%
1.3
LU
ArcelorMittal SA
AEX:MT
12.4
16%
0.8
IN
JSW Steel Ltd
NSE:JSWSTEEL
20.4
37%
0.6
US
Steel Dynamics Inc
NASDAQ:STLD
20.6
14%
1.5
IN
Tata Steel Ltd
NSE:TATASTEEL
15.3
29%
0.5
CN
Baoshan Iron & Steel Co Ltd
SSE:600019
16.3
24%
0.7