Marsa Marsa Alam For Tourism Development SAE

CASE:MMAT Stock Report

Market Cap: ج.م105.0m

Marsa Marsa Alam For Tourism Development SAE Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • 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 MMAT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate MMAT's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate MMAT's fair value for valuation analysis.


Key Valuation Metric

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

Key metric: As MMAT is unprofitable and pre-revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for MMAT. This is calculated by dividing MMAT's market cap by their current book value.
What is MMAT's PB Ratio?
PB Ratio3.2x
Bookج.م32.74m
Market Capج.م105.00m

Price to Book Ratio vs Peers

How does MMAT's PB Ratio compare to its peers?

The above table shows the PB ratio for MMAT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average1.8x
ELWA El Wadi for International and Investment Development SAE
0.4xn/aج.م121.4m
TRTO Trans Oceans Tours
2.3xn/aUS$3.9m
ROTO Rowad Tourism
4.1xn/aج.م605.0m
RTVC Remco Tourism Villages Construction
0.4xn/aج.م841.6m
MMAT Marsa Marsa Alam For Tourism Development SAE
3.2xn/aج.م105.0m

Price-To-Book vs Peers: MMAT is expensive based on its Price-To-Book Ratio (3.2x) compared to the peer average (1.8x).


Price to Book Ratio vs Industry

How does MMAT's PB Ratio compare vs other companies in the African Hospitality Industry?

3 CompaniesPrice / BookEstimated GrowthMarket Cap
MMAT 3.2xIndustry Avg. 1.5xNo. of Companies8PB01.22.43.64.86+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: MMAT is expensive based on its Price-To-Book Ratio (3.2x) compared to the African Hospitality industry average (1.5x).


Price to Book Ratio vs Fair Ratio

What is MMAT'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.

MMAT PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio3.2x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate MMAT'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.


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