Mayr-Melnhof Karton AG

XTRA:MYM Stock Report

Market Cap: €1.4b

Mayr-Melnhof Karton Valuation

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

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: MYM (€71.7) is trading below our estimate of fair value (€245.87)

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

Key Valuation Metric

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

Key metric: As MYM is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for MYM. This is calculated by dividing MYM's market cap by their current earnings.
What is MYM's PE Ratio?
PE Ratio29.8x
Earnings€48.09m
Market Cap€1.43b

Price to Earnings Ratio vs Peers

How does MYM's PE Ratio compare to its peers?

The above table shows the PE ratio for MYM vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average27.7x
SDF K+S
78.9x61.1%€2.0b
STO3 Sto SE KGaA
11x3.5%€723.6m
ACT AlzChem Group
12.1x12.6%€606.5m
NDA Aurubis
9x-6.2%€3.4b
MYM Mayr-Melnhof Karton
29.8x57.9%€1.4b

Price-To-Earnings vs Peers: MYM is expensive based on its Price-To-Earnings Ratio (29.8x) compared to the peer average (27.7x).

Price to Earnings Ratio vs Industry

How does MYM's PE Ratio compare vs other companies in the European Packaging Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
MYM 29.8xIndustry Avg. 18.2xNo. of Companies6PE01020304050+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: MYM is expensive based on its Price-To-Earnings Ratio (29.8x) compared to the European Packaging industry average (18.2x).

Price to Earnings Ratio vs Fair Ratio

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

MYM PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio29.8x
Fair PE Ratio30.9x

Price-To-Earnings vs Fair Ratio: MYM is good value based on its Price-To-Earnings Ratio (29.8x) compared to the estimated Fair Price-To-Earnings Ratio (30.9x).

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 MYM forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€71.70
€106.25
+48.2%
8.2%€115.00€97.50n/a2
Nov ’25€81.50
€116.75
+43.3%
16.5%€136.00€97.50n/a2
Oct ’25€89.60
€131.60
+46.9%
3.3%€136.00€127.20n/a2
Sep ’25€97.30
€131.60
+35.3%
3.3%€136.00€127.20n/a2
Aug ’25€106.00
€137.60
+29.8%
7.6%€148.00€127.20n/a2
Jul ’25€114.60
€137.60
+20.1%
7.6%€148.00€127.20n/a2
Jun ’25€114.40
€137.60
+20.3%
7.6%€148.00€127.20n/a2
May ’25€112.20
€137.60
+22.6%
7.6%€148.00€127.20n/a2
Apr ’25€115.40
€140.10
+21.4%
9.2%€153.00€127.20n/a2
Mar ’25€118.00
€151.90
+28.7%
5.3%€160.00€143.80n/a2
Feb ’25€121.80
€151.90
+24.7%
5.3%€160.00€143.80n/a2
Jan ’25€125.40
€151.90
+21.1%
5.3%€160.00€143.80n/a2
Dec ’24€112.80
€151.90
+34.7%
5.3%€160.00€143.80n/a2
Nov ’24€109.40
€156.90
+43.4%
8.3%€170.00€143.80€81.502
Oct ’24€127.80
€156.90
+22.8%
8.3%€170.00€143.80€89.602
Sep ’24€130.80
€156.90
+20.0%
8.3%€170.00€143.80€97.302
Aug ’24€139.80
€163.00
+16.6%
4.3%€170.00€156.00€106.002
Jul ’24€134.40
€163.00
+21.3%
4.3%€170.00€156.00€114.602
Jun ’24€138.60
€172.00
+24.1%
6.6%€180.00€156.00€114.403
May ’24€144.60
€169.00
+16.9%
6.6%€180.00€156.00€112.204
Apr ’24€152.20
€170.25
+11.9%
7.3%€185.00€156.00€115.404
Mar ’24€161.20
€174.00
+7.9%
7.2%€190.00€156.00€118.004
Feb ’24€154.60
€168.67
+9.1%
5.8%€180.00€156.00€121.803
Jan ’24€151.80
€168.67
+11.1%
5.8%€180.00€156.00€125.403
Dec ’23€162.40
€168.67
+3.9%
5.8%€180.00€156.00€112.803
Nov ’23€143.60
€178.33
+24.2%
12.6%€209.00€156.00€109.403

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

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