Mutares SE & Co. KGaA

WBAG:MUXG Stock Report

Market Cap: €744.0m

Mutares SE KGaA Valuation

Is MUXG undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of MUXG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
€209.79
Fair Value
83.5% undervalued intrinsic discount
5
Number of Analysts

Below Fair Value: MUXG (€34.7) is trading below our estimate of fair value (€209.79)

Significantly Below Fair Value: MUXG is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for MUXG?

Key metric: As MUXG is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for MUXG. This is calculated by dividing MUXG's market cap by their current revenue.
What is MUXG's PS Ratio?
PS Ratio0.1x
Sales€5.21b
Market Cap€744.05m

Price to Sales Ratio vs Peers

How does MUXG's PS Ratio compare to its peers?

The above table shows the PS ratio for MUXG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average4.2x
WPB Wiener Privatbank
3.5xn/a€41.0m
AIL African Rainbow Capital Investments
5.7xn/aR14.3b
TRIN Trinity Capital
4.5x11.0%US$1.0b
AFPCAPITAL Administradora de Fondos de Pensiones Capital
3xn/aCL$773.1b
MUXG Mutares SE KGaA
0.1x12.7%€744.0m

Price-To-Sales vs Peers: MUXG is good value based on its Price-To-Sales Ratio (0.1x) compared to the peer average (4.2x).

Price to Sales Ratio vs Industry

How does MUXG's PS Ratio compare vs other companies in the European Capital Markets Industry?

71 CompaniesPrice / SalesEstimated GrowthMarket Cap
Industry Avg.3.4x4.0%
MUXG Mutares SE KGaA
 0.1x12.7%US$800.05m
MUXG 0.1xIndustry Avg. 3.4xNo. of Companies70PS03.67.210.814.418+
71 CompaniesEstimated GrowthMarket Cap
Industry Avg.3.4x17.3%
MUXG Mutares SE KGaA
 0.1x-53.4%US$800.05m
No more companies

Price-To-Sales vs Industry: MUXG is good value based on its Price-To-Sales Ratio (0.1x) compared to the European Capital Markets industry average (3.5x).

Price to Sales Ratio vs Fair Ratio

What is MUXG's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

MUXG PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.1x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate MUXG's Price-To-Sales Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst MUXG forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€34.70
€43.70
+25.9%
13.6%€50.00€36.00n/a5
Mar ’26n/a
€43.70
0%
13.6%€50.00€36.00n/a5
Feb ’26n/a
€43.70
0%
13.6%€50.00€36.00n/a5
Jan ’26n/a
€43.70
0%
13.6%€50.00€36.00n/a5
Dec ’25n/a
€43.70
0%
13.6%€50.00€36.00n/a5
Nov ’25n/a
€43.70
0%
13.6%€50.00€36.00n/a5
Oct ’25n/a
€46.10
0%
10.0%€50.00€37.00n/a5
Sep ’25n/a
€46.10
0%
10.0%€50.00€37.00n/a5
Aug ’25n/a
€44.70
0%
16.6%€50.00€30.00n/a5
Jul ’25n/a
€44.70
0%
16.6%€50.00€30.00n/a5
Jun ’25n/a
€43.38
0%
17.8%€48.00€30.00n/a4
May ’25n/a
€40.70
0%
17.8%€47.50€30.00n/a5
Apr ’25n/a
€39.28
0%
16.5%€46.40€30.00n/a5
Mar ’25n/a
€39.28
0%
16.5%€46.40€30.00n/a5
Feb ’25n/a
€39.28
0%
16.5%€46.40€30.00n/a5
Jan ’25n/a
€38.48
0%
17.1%€46.40€30.00n/a5
Dec ’24n/a
€38.48
0%
17.1%€46.40€30.00n/a5
Nov ’24n/a
€33.60
0%
8.5%€38.00€30.00n/a5
Oct ’24n/a
€33.60
0%
8.5%€38.00€30.00n/a5
Sep ’24n/a
€33.60
0%
8.5%€38.00€30.00n/a5
Aug ’24n/a
€33.40
0%
7.7%€37.00€30.00n/a5
Jul ’24n/a
€34.00
0%
7.5%€37.00€30.00n/a4
Jun ’24n/a
€34.00
0%
7.5%€37.00€30.00n/a4
May ’24n/a
€31.00
0%
15.3%€37.00€24.00n/a4
Apr ’24n/a
€31.00
0%
15.3%€37.00€24.00n/a4
Mar ’24n/a
€31.00
0%
15.3%€37.00€24.00n/a4
Analyst Price Target
Consensus Narrative from 5 Analysts
€43.51
Fair Value
20.3% undervalued intrinsic discount
5
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/03/27 17:43
End of Day Share Price 2025/03/26 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Mutares SE & Co. KGaA is covered by 8 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Marie-Therese GruebnerHauck Aufhäuser Investment Banking
Thomas MillsJefferies LLC
Michael BrownKeefe, Bruyette, & Woods