Muehlhan Valuation
Is M4N undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
4/6Valuation Score 4/6
Below Fair Value
Significantly Below Fair Value
Price-To-Book vs Peers
Price-To-Book vs Industry
Price-To-Book vs Fair Ratio
Analyst Forecast
Share Price vs Fair Value
What is the Fair Price of M4N when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: M4N (€1.65) is trading below our estimate of fair value (€13.58)
Significantly Below Fair Value: M4N is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for M4N?
Key metric: As M4N is unprofitable and pre-revenue we use its Price-To-Book Ratio for relative valuation analysis.
| What is M4N's PB Ratio? | |
|---|---|
| PB Ratio | 0.8x |
| Book | €42.19m |
| Market Cap | €31.91m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | -0.06x |
| Enterprise Value/EBITDA | -0.4x |
| PEG Ratio | n/a |
Price to Book Ratio vs Peers
How does M4N's PB Ratio compare to its peers?
| Company | Forward PB | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 2.4x | ||
EBGK Aleia Holding | 0.4x | n/a | €6.3m |
B5A BAUER | 0.3x | 38.2% | €170.0m |
3SQ1 AHT Syngas Technology | 7.5x | n/a | €32.3m |
NCH2 thyssenkrupp nucera KGaA | 1.4x | 57.3% | €1.0b |
M4N Muehlhan | 0.8x | n/a | €31.9m |
Price-To-Book vs Peers: M4N is good value based on its Price-To-Book Ratio (0.8x) compared to the peer average (14.3x).
Price to Book Ratio vs Industry
How does M4N's PB Ratio compare vs other companies in the European Construction Industry?
| 7 Companies | Price / Book | Estimated Growth | Market Cap |
|---|---|---|---|
| 7 Companies | Estimated Growth | Market Cap | |
|---|---|---|---|
Price-To-Book vs Industry: M4N is good value based on its Price-To-Book Ratio (0.8x) compared to the European Construction industry average (1.4x).
Price to Book Ratio vs Fair Ratio
What is M4N's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PB Ratio | 0.8x |
| Fair PB Ratio | n/a |
Price-To-Book vs Fair Ratio: Insufficient data to calculate M4N's Price-To-Book 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?
Analyst Forecast: Insufficient data to show price forecast.
Discover undervalued companies
Andritz
€5.2b
Provides plants, equipment, and services for pulp and paper industry, metalworking and steel industries, hydropower stations, and solid/liquid separation in the municipal and industrial sectors in Europe, North America, South America, China, Asia, and internationally.
AZ2
€51.75
7D
-2.1%
1Y
4.7%
Mota-Engil SGPS
€777.0m
Provides public and private construction works and related services in Europe, Africa, and Latin America.
M09
€2.56
7D
1.7%
1Y
-19.7%
Stabilus
€852.2m
Engages in the manufacture and sale of gas springs, dampers, vibration isolation products, and electric tailgate opening and closing equipment in Europe, the Middle East, Africa, North and South America, the Asia-Pacific, and internationally.
STM
€34.50
7D
-9.4%
1Y
-41.1%