MMG Limited

SEHK:1208 株式レポート

時価総額：HK$100.5b

MMG 将来の成長

Future 基準チェック /56

MMG利益と収益がそれぞれ年間28%と9%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に20.5% 27.7%なると予測されています。

主要情報

28.0%

収益成長率

27.65%

EPS成長率

Metals and Mining 収益成長21.0%
収益成長率9.0%
将来の株主資本利益率20.48%
アナリストカバレッジ

Good

最終更新日01 May 2026

今後の成長に関する最新情報

MMG Limited Recorded A 12% Miss On Revenue: Analysts Are Revisiting Their Models

Aug 15
MMG Limited Recorded A 12% Miss On Revenue: Analysts Are Revisiting Their Models

Recent updates

1208: Higher Profitability Assumptions And Earnings Guidance Will Support A Stronger Outlook

Analysts now set MMG's fair value at HK$13.52, up from HK$13.01, reflecting updated assumptions for revenue growth, profit margin and the stock's future P/E. What's in the News MMG plans to amend and replace its existing Articles of Association, aiming to align with the updated Hong Kong Companies Ordinance and Stock Exchange listing rules.

1208: Production Guidance And Earnings Outlook Will Drive Future Share Upside

Analysts have slightly reduced their MMG price target to HK$11.10 from about HK$11.14, reflecting updated assumptions for the discount rate, revenue growth, profit margin and future P/E that they consider better aligned with current conditions. What's in the News MMG issued earnings guidance for 2025, indicating expected unaudited net profit after tax attributable to equity holders in the range of US$500m to US$520m (Key Developments).

1208: Mine Expansion And Higher Margins Will Drive Future Share Upside

Analysts have revised their MMG price target to HK$11.14 from HK$10.35, reflecting updated assumptions about revenue growth, profit margins and the price-to-earnings (P/E) ratio they consider appropriate for the shares. What's in the News MMG plans to amend its Articles of Association to reflect recent changes to Hong Kong company and listing rules, including provisions for hybrid and virtual general meetings, with shareholder approval to be sought at the AGM scheduled for May 28, 2026 (company announcement).

1208: Expansion Spending And Higher Margins Will Likely Keep Shares Overstretched

Analysts have nudged their HK$ fair value estimate for MMG slightly higher to HK$5.89, highlighting updated assumptions around revenue growth, profit margins and a lower future P/E multiple as key drivers of the change. What's in the News MMG issued earnings guidance for 2025, indicating expected unaudited net profit after tax attributable to equity holders in a range of US$500 million to US$520 million (Corporate Guidance).

1208: Mine Expansion And Stable Guidance Will Shape Future Share Performance

Analysts now place MMG's price target at HK$10.35, up from HK$7.60 previously, reflecting updated views on fair value, revenue growth, profit margins and forward P/E assumptions. What's in the News MMG issued earnings guidance for 2025, indicating an expected unaudited net profit after tax attributable to equity holders in the range of US$500m to US$520m.

1208: Khoemacau Expansion And New Guidance Will Support A Stronger Outlook

Analysts have raised their price target for MMG from US$10.00 to US$13.01, citing updated assumptions for revenue growth, profit margins, discount rate and forward P/E as the key drivers behind this change. What's in the News MMG issued earnings guidance for 2025, indicating expected unaudited net profit after tax attributable to equity holders in a range of US$500 million to US$520 million.

MMG Limited's (HKG:1208) P/E Is Still On The Mark Following 25% Share Price Bounce

Jan 28
MMG Limited's (HKG:1208) P/E Is Still On The Mark Following 25% Share Price Bounce

1208: Expansion Push And Wider Margins Will Likely Leave Shares Overstretched

Narrative Update Analysts have lifted their price target on MMG, citing higher estimated fair value per share, slightly adjusted discount rates, modestly stronger revenue growth assumptions, a wider projected profit margin of about 6 percentage points, and a higher expected future P/E multiple. What's in the News MMG reported fourth quarter and full year 2025 production results, including 108,638 tonnes of copper in concentrate, 12,572 tonnes of copper cathode, 65,382 tonnes of zinc in concentrate, 12,630 tonnes of lead in concentrate, and 843 tonnes of molybdenum in concentrate (company announcement).

1208: Khoemacau Expansion And Cost Outlook Will Shape A Balanced Future

Analysts have lifted their price target on MMG to about $10.00 from roughly $6.79, citing updated assumptions for higher revenue growth, stronger profit margins and a slightly richer future P/E multiple to justify the change. What's in the News The board has approved a major expansion of the Khoemacau Copper Mine in Botswana, including a new 4.5 million tonnes per annum processing plant that would lift total milling capacity to over 8.0 million tonnes per annum, with capital expenditure estimated at about US$900 million and first copper concentrate targeted in the first half of 2028 (Key Developments).

1208: Leadership Transition And Auditor Change Will Weigh On Future Share Performance

Analysts have raised their price target on MMG from approximately $6.35 to $7.60 per share, citing stronger expected revenue growth, improving profit margins and a slightly higher future earnings multiple as key drivers of the upward revision. What's in the News MMG signed the Rosebery Concentrate Sales Agreement with related party Minmetals North-Europe, covering 100% of Rosebery production for 2026 and 2027 at pricing deemed superior to third party offers and compliant with Hong Kong Listing Rules connected transaction requirements (company announcement).

1208: Leadership And Auditor Uncertainty Will Pressure Future Earnings Performance

Narrative Update on MMG Analysts have raised their price target on MMG to approximately $6.35 from about $6.16, reflecting modestly lower perceived risk along with slightly improved expectations for valuation multiples and earnings quality. 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, signaling potential leadership changes at MMG Limited (Key Developments).

MMG Limited (HKG:1208) Stocks Shoot Up 27% But Its P/E Still Looks Reasonable

Dec 04
MMG Limited (HKG:1208) Stocks Shoot Up 27% But Its P/E Still Looks Reasonable

We Think MMG (HKG:1208) Can Stay On Top Of Its Debt

Dec 02
We Think MMG (HKG:1208) Can Stay On Top Of Its Debt

1208: Rising Discount Rate Will Pressure Future Earnings Performance

Analysts have raised their price target for MMG from $5.86 to $6.16, citing slightly improved growth forecasts and stable profitability estimates. What's in the News MMG Limited will hold a board meeting on December 2, 2025 to consider the resignation of Mr Xu as Chairman and Non-Executive Director.

1208: Rising Discount Rate Will Undermine Future Share Performance

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.

1208: Rising Discount Rate Will Weigh On Copper Producer Outlook

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.

Global Electrification And Urbanization Will Support Copper Upswing

Analysts have raised their price target for MMG from $5.12 to $5.86. They cite projected improvements in revenue growth and profit margins as key factors supporting a more optimistic outlook.

Global Electrification And Urbanization Will Support Copper Upswing

Analysts have increased their price target for MMG from $4.91 to $5.12, citing improved revenue growth forecasts and a more favorable profit margin outlook. What's in the News MMG Limited reported strong Q2 and year-to-date production results through June 30, 2025, with copper (contained metal in concentrate) at 126,633 tonnes for the quarter and 233,234 tonnes for the year to date (Key Developments).

MMG Limited's (HKG:1208) 25% Jump Shows Its Popularity With Investors

Sep 28
MMG Limited's (HKG:1208) 25% Jump Shows Its Popularity With Investors

Global Electrification And Urbanization Will Support Copper Upswing

The consensus price target for MMG has increased, driven by a substantial rise in both future P/E ratio and net profit margin expectations, resulting in a new fair value estimate of HK$4.91. What's in the News MMG reported Q2 2025 production: 126,633 tonnes copper concentrate, 13,735 tonnes copper cathode, 56,176 tonnes zinc concentrate, 8,436 tonnes lead concentrate, and 707 tonnes molybdenum concentrate.

Global Electrification And Urbanization Will Support Copper Upswing

The significant rise in MMG's future P/E ratio, despite reduced consensus revenue growth forecasts, suggests higher anticipated premiums or improved sentiment, contributing to the analyst price target increase from HK$4.26 to HK$4.52. What's in the News MMG reported Q2 copper production of 126,633 tonnes (contained metal in concentrate) and 13,735 tonnes copper cathode; zinc production was 56,176 tonnes, lead 8,436 tonnes, and molybdenum 707 tonnes.

MMG Limited Recorded A 12% Miss On Revenue: Analysts Are Revisiting Their Models

Aug 15
MMG Limited Recorded A 12% Miss On Revenue: Analysts Are Revisiting Their Models

MMG Limited's (HKG:1208) P/S Is Still On The Mark Following 29% Share Price Bounce

Aug 13
MMG Limited's (HKG:1208) P/S Is Still On The Mark Following 29% Share Price Bounce

MMG's (HKG:1208) Returns On Capital Are Heading Higher

Jul 21
MMG's (HKG:1208) Returns On Capital Are Heading Higher

Is MMG (HKG:1208) A Risky Investment?

Jun 25
Is MMG (HKG:1208) A Risky Investment?
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Kinsevere And Khoemacau Expansions Will Increase Copper And Nickel Production By 2028

Strategic acquisitions and mine expansions are expected to boost production, improve margins, and drive revenue growth for MMG.

業績と収益の成長予測

SEHK:1208 - アナリストの将来予測と過去の財務データ ( )USD Millions
日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数
12/31/20288,3711,643N/A3,7587
12/31/20278,4591,5751,7353,74910
12/31/20268,3541,4901,0703,29310
12/31/20256,2185091,6082,690N/A
9/30/20255,7984951,4802,486N/A
6/30/20255,3784811,3522,282N/A
3/31/20254,9293211,0181,947N/A
12/31/20244,4791626841,612N/A
9/30/20244,4241258561,776N/A
6/30/20244,369891,0281,940N/A
3/31/20244,358491,0441,895N/A
12/31/20234,34791,0591,850N/A
9/30/20234,044227591,486N/A
6/30/20233,742344601,123N/A
3/31/20233,498103363978N/A
12/31/20223,254172266832N/A
9/30/20223,2412595721,105N/A
6/30/20223,2273478771,378N/A
3/31/20223,7405071,4271,965N/A
12/31/20214,2536671,9782,552N/A
9/30/20214,2705801,8692,426N/A
6/30/20214,2874931,7612,300N/A
3/31/20213,6602141,3011,829N/A
12/31/20203,034-658421,358N/A
9/30/20202,919-1867401,290N/A
6/30/20202,805-3076381,222N/A
3/31/20202,908-2696531,183N/A
12/31/20193,012-2306691,145N/A
9/30/20193,085-185N/A1,113N/A
6/30/20193,159-140N/A1,080N/A
3/31/20193,415-38N/A1,406N/A
12/31/20183,67065N/A1,732N/A
9/30/20183,785163N/AN/AN/A
6/30/20183,900261N/A2,195N/A
3/31/20183,826203N/A2,283N/A
12/31/20173,751144N/A2,370N/A
9/30/20173,70245N/AN/AN/A
6/30/20173,653-53N/A1,781N/A
3/31/20173,071-103N/A1,251N/A
12/31/20162,489-153N/A722N/A
9/30/20161,956-613N/A430N/A
6/30/20161,423-1,073N/A137N/A
3/31/20161,687-1,050N/A210N/A
12/31/20151,951-1,026N/A282N/A
9/30/20152,178-504N/A476N/A
6/30/20152,40418N/A669N/A

アナリストによる今後の成長予測

収入対貯蓄率: 1208の予測収益成長率 (年間28% ) は 貯蓄率 ( 2.9% ) を上回っています。

収益対市場: 1208の収益 ( 28% ) はHong Kong市場 ( 12.4% ) よりも速いペースで成長すると予測されています。

高成長収益: 1208の収益は今後 3 年間で 大幅に 増加すると予想されています。

収益対市場: 1208の収益 ( 9% ) Hong Kong市場 ( 8.5% ) よりも速いペースで成長すると予測されています。

高い収益成長: 1208の収益 ( 9% ) 20%よりも低い成長が予測されています。

一株当たり利益成長率予想

将来の株主資本利益率

将来のROE: 1208の 自己資本利益率 は、3年後には高くなると予測されています ( 20.5 %)

成長企業の発掘

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1Y

7D

1Y

7D

1Y

企業分析と財務データの現状

データ最終更新日（UTC時間）
企業分析2026/05/04 03:03
終値2026/05/04 00:00
収益2025/12/31
年間収益2025/12/31

データソース

企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。

パッケージデータタイムフレーム米国ソース例
会社財務10年
  • 損益計算書
  • キャッシュ・フロー計算書
  • 貸借対照表
アナリストのコンセンサス予想+プラス3年
  • 予想財務
  • アナリストの目標株価
市場価格30年
  • 株価
  • 配当、分割、措置
所有権10年
  • トップ株主
  • インサイダー取引
マネジメント10年
  • リーダーシップ・チーム
  • 取締役会
主な進展10年
  • 会社からのお知らせ

* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。

特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。

分析モデルとスノーフレーク

本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。

シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。

業界およびセクターの指標

私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。

アナリスト筋

MMG Limited 10 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。24

アナリスト機関
Ephrem RaviBarclays
Aleksandra BukachevaBMO Capital Markets Equity Research
Miriam ChanBofA Global Research