M

Mayr Melnhof Karton AG
VSE:MMK

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Mayr Melnhof Karton AG
VSE:MMK
Watchlist
Price: 80 EUR
Market Cap: €1.6B

EV/GP

1.2
Current
22%
Cheaper
vs 3-y average of 1.6

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
1.2
=
Enterprise Value
€2.3B
/
Gross Profit
€1.9B

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
1.2
=
Enterprise Value
€2.3B
/
Gross Profit
€1.9B

Valuation Scenarios

Mayr Melnhof Karton AG is trading below its 3-year average

If EV/GP returns to its 3-Year Average (1.6), the stock would be worth €102.38 (28% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+134%
Average Upside
73%
Scenario EV/GP Value Implied Price Upside/Downside
Current Multiple 1.2 €80
0%
3-Year Average 1.6 €102.38
+28%
5-Year Average 2.9 €187.21
+134%
Industry Average 1.4 €87.42
+9%
Country Average 2.7 €175.67
+120%

Forward EV/GP
Today’s price vs future gross profit

Not enough data available to calculate forward EV/GP

Peer Comparison

All Multiples
EV/GP
P/E
All Countries
Close
Market Cap EV/GP P/E
AT
Mayr Melnhof Karton AG
VSE:MMK
1.6B EUR 1.2 20.6
US
Westrock Co
LSE:0LW9
1.3T USD 392.6 4 402.6
US
Packaging Corp of America
NYSE:PKG
19B USD 11.8 25.9
UK
Amcor PLC
NYSE:AMCR
17.6B USD 8.4 29.4
US
International Paper Co
NYSE:IP
16.1B USD 3.4 -4.5
US
Avery Dennison Corp
NYSE:AVY
12.6B USD 6 18.3
UK
DS Smith PLC
LSE:SMDS
8B GBP 4.4 20.9
IE
Smurfit Kappa Group PLC
F:SK3
8.3B EUR 2.9 10.9
US
Sealed Air Corp
NYSE:SEE
6.2B USD 5.8 12.3
CH
SIG Group AG
SIX:SIGN
4.8B CHF 8.8 -59.1
CN
ShenZhen YUTO Packaging Technology Co Ltd
SZSE:002831
34.8B CNY 8.6 23.8
P/E Multiple
Earnings Growth PEG
AT
M
Mayr Melnhof Karton AG
VSE:MMK
Average P/E: 507.2
20.6
N/A N/A
US
W
Westrock Co
LSE:0LW9
4 402.6
N/A N/A
US
Packaging Corp of America
NYSE:PKG
25.9
16%
1.6
UK
Amcor PLC
NYSE:AMCR
29.4
64%
0.5
US
International Paper Co
NYSE:IP
Negative Multiple: -4.5 N/A N/A
US
Avery Dennison Corp
NYSE:AVY
18.3
12%
1.5
UK
DS Smith PLC
LSE:SMDS
20.9
7%
3
IE
S
Smurfit Kappa Group PLC
F:SK3
10.9
13%
0.8
US
Sealed Air Corp
NYSE:SEE
12.3
N/A N/A
CH
SIG Group AG
SIX:SIGN
Negative Multiple: -59.1 N/A N/A
CN
S
ShenZhen YUTO Packaging Technology Co Ltd
SZSE:002831
23.8
15%
1.6

Market Distribution

Lower than 83% of companies in Austria
Percentile
17th
Based on 307 companies
17th percentile
1.2
Low
0 — 1.9
Typical Range
1.9 — 3.1
High
3.1 —
Distribution Statistics
Austria
Min 0
30th Percentile 1.9
Median 2.7
70th Percentile 3.1
Max 52.5

Mayr Melnhof Karton AG
Glance View

Market Cap
1.6B EUR
Industry
Packaging

Mayr Melnhof Karton AG, an Austrian heavyweight in the paper and packaging industry, traces its roots back to the late 19th century. From its modest beginnings as a cardboard manufacturer, it has grown into Europe’s leading producer of coated recycled cartonboard and a significant player in the folding carton sector. The company's journey is a testament to the power of strategic acquisitions and organic growth, effectively expanding its footprint beyond Austria to encompass several key European markets and, more recently, markets beyond the continent. At its core, Mayr Melnhof Karton integrates sustainability into its operations, reflecting a longstanding recognition of the importance of recycling and efficient resource use. The company generates its revenues primarily by producing and converting cartonboard, tailored to a broad range of industries including food, personal care, and pharmaceuticals. For producers of goods in these industries, cartons not only provide a medium for branding and differentiation but also ensure product safety and compliance with regulations. By continually investing in technology and innovation, Mayr Melnhof Karton enhances its product offerings to meet the evolving needs of its customers. This ability to adapt, paired with strategic positioning across the value chain from raw material sourcing to finished products, allows it to maintain strong margins and deliver consistent value to shareholders. Through a combination of shrewd business acumen and a commitment to environmental stewardship, Mayr Melnhof Karton charts a course through the ever-changing landscape of the global packaging industry.

MMK Intrinsic Value
117.72 EUR
Undervaluation 32%
Intrinsic Value
Price €80
M
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