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1208: Rising Discount Rate Will Undermine Future Share Performance

Update shared on 15 Nov 2025

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AnalystConsensusTarget's Fair Value
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1Y
165.9%
7D
2.5%

Analysts have modestly raised their price target for MMG to $5.86 per share. They cite a slight increase in the discount rate while maintaining stable assumptions for revenue growth and profit margins.

What's in the News

  • A board meeting is scheduled for December 2, 2025, to consider the resignation of Mr Xu as Chairman and Non-Executive Director (Board Meeting).
  • The company reported third quarter and year-to-date 2025 production results, including 112,236 tonnes of copper in concentrate for the quarter and 345,470 tonnes year to date (Announcement of Operating Results).
  • A proposal has been made to change the independent auditor. Deloitte Touche Tohmatsu will cease as auditor at the 2026 annual general meeting after nearly a decade of service (Auditor Changes).

Valuation Changes

  • Fair Value: Remains steady at HK$5.86 per share, reflecting no change from previous estimates.
  • Discount Rate: Has risen slightly from 7.48% to 7.91%. This indicates marginally higher perceived risk.
  • Revenue Growth: Stays consistent at 8.69%, with no adjustments since the last assessment.
  • Net Profit Margin: Holds at 13.73%, showing no movement compared to prior valuations.
  • Future P/E: Edged up modestly from 12.02x to 12.16x. This suggests a minor increase in expected valuation multiples.

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.