Update shared on 31 Oct 2025
Fair value Decreased 0.037%Analysts have slightly lowered their price target for MMG from $5.86 to $5.86, citing minor revisions in profit margin and discount rate assumptions.
What's in the News
- MMG Limited plans to change its independent auditor after working with Deloitte Touche Tohmatsu since 2016. The company aims to enhance audit independence and objectivity. Deloitte will conclude its role at the annual general meeting scheduled for 28 May 2026 (Key Developments).
- For the third quarter and year to date ended September 30, 2025, MMG Limited reported total contained copper production of 112,236 tonnes for the quarter and 345,470 tonnes for the year to date (Key Developments).
- Total copper cathode production reached 14,794 tonnes in the third quarter and 40,219 tonnes for the year to date (Key Developments).
- The company reported zinc production (contained metal in concentrate) of 58,747 tonnes for the quarter and 166,678 tonnes for the year to date (Key Developments).
- Lead and molybdenum production for the year to date reached 26,978 tonnes and 2,067 tonnes, respectively (Key Developments).
Valuation Changes
- Fair Value: The fair value estimate has been revised marginally downward, from HK$5.86 to HK$5.86.
- Discount Rate: The discount rate has increased slightly, rising from 7.45% to 7.48%.
- Revenue Growth: No notable change has been observed in the revenue growth rate, which remains steady at approximately 8.69%.
- Net Profit Margin: The projected net profit margin has increased moderately, moving from 13.61% to 13.73%.
- Future P/E: The future price-to-earnings (P/E) ratio estimate has fallen slightly, from 12.12x to 12.02x.
Disclaimer
AnalystConsensusTarget is a tool utilizing a Large Language Model (LLM) that ingests data on consensus price targets, forecasted revenue and earnings figures, as well as the transcripts of earnings calls to produce qualitative analysis. The narratives produced by AnalystConsensusTarget are general in nature and are based solely on analyst data and publicly-available material published by the respective companies. These scenarios are not indicative of the company's future performance and are exploratory in nature. Simply Wall St has no position in the company(s) mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The price targets and estimates used are consensus data, and do not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that AnalystConsensusTarget's analysis may not factor in the latest price-sensitive company announcements or qualitative material.