Munters Group AB (publ)

BATS-CHIXE:MTRSS Stock Report

Market Cap: SEK 31.4b

Munters Group Valuation

Is MTRSS 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-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 MTRSS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: MTRSS (SEK181) is trading above our estimate of fair value (SEK166.9)

Significantly Below Fair Value: MTRSS is trading above our estimate of fair value.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for MTRSS. This is calculated by dividing MTRSS's market cap by their current earnings.
What is MTRSS's PE Ratio?
PE Ratio36.3x
EarningsSEK 865.00m
Market CapSEK 31.36b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for MTRSS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average28.3x
FAN Volution Group
26.5x12.1%UK£1.1b
GEN Genuit Group
42.7x29.9%UK£1.0b
JHD James Halstead
18.6x4.1%UK£773.1m
NXR Norcros
25.2x29.5%UK£224.5m
MTRSS Munters Group
36.3x20.9%SEK 31.4b

Price-To-Earnings vs Peers: MTRSS is expensive based on its Price-To-Earnings Ratio (36.3x) compared to the peer average (28.3x).

Price to Earnings Ratio vs Industry

How does MTRSS's PE Ratio compare vs other companies in the European Building Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
No. of Companies15PE01224364860+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: MTRSS is expensive based on its Price-To-Earnings Ratio (36.3x) compared to the European Building industry average (19.9x).

Price to Earnings Ratio vs Fair Ratio

What is MTRSS'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.

MTRSS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio36.3x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate MTRSS's Price-To-Earnings 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 MTRSS forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentn/a
SEK 211.00
0%
15.7%SEK 260.00SEK 160.00n/a5
Nov ’25SEK 181.00
SEK 227.00
+25.4%
8.2%SEK 260.00SEK 205.00n/a5
Oct ’25SEK 230.20
SEK 245.00
+6.4%
10.7%SEK 280.00SEK 215.00n/a4
Sep ’25n/a
SEK 245.00
0%
10.7%SEK 280.00SEK 215.00n/a4
Aug ’25SEK 236.40
SEK 245.00
+3.6%
10.7%SEK 280.00SEK 215.00n/a4
Jul ’25n/a
SEK 220.00
0%
17.1%SEK 260.00SEK 180.00n/a4
Jun ’25n/a
SEK 220.00
0%
17.1%SEK 260.00SEK 180.00n/a4
May ’25n/a
SEK 196.25
0%
8.9%SEK 225.00SEK 180.00n/a4
Apr ’25n/a
SEK 186.25
0%
9.9%SEK 210.00SEK 160.00n/a4
Mar ’25n/a
SEK 180.00
0%
7.1%SEK 195.00SEK 160.00n/a4
Feb ’25n/a
SEK 170.00
0%
9.1%SEK 195.00SEK 155.00n/a4
Jan ’25n/a
SEK 160.00
0%
5.8%SEK 175.00SEK 150.00n/a4
Dec ’24n/a
SEK 156.25
0%
2.7%SEK 160.00SEK 150.00n/a4
Nov ’24SEK 116.30
SEK 148.75
+27.9%
5.0%SEK 160.00SEK 140.00SEK 181.004
Oct ’24n/a
SEK 143.80
0%
4.2%SEK 155.00SEK 139.00SEK 230.205
Sep ’24SEK 142.00
SEK 143.80
+1.3%
4.2%SEK 155.00SEK 139.00n/a5
Aug ’24n/a
SEK 143.80
0%
4.2%SEK 155.00SEK 139.00SEK 236.405
Jul ’24n/a
SEK 122.00
0%
8.8%SEK 135.00SEK 105.00n/a5
Jun ’24n/a
SEK 118.00
0%
6.3%SEK 125.00SEK 105.00n/a5
May ’24SEK 94.50
SEK 114.80
+21.5%
7.3%SEK 125.00SEK 100.00n/a5
Apr ’24n/a
SEK 106.00
0%
14.9%SEK 123.00SEK 78.00n/a5
Mar ’24SEK 100.60
SEK 106.00
+5.4%
14.9%SEK 123.00SEK 78.00n/a5
Feb ’24n/a
SEK 109.40
0%
15.1%SEK 125.00SEK 78.00n/a5
Jan ’24n/a
SEK 99.00
0%
13.6%SEK 120.00SEK 78.00n/a5
Dec ’23SEK 93.00
SEK 96.00
+3.2%
10.0%SEK 105.00SEK 78.00n/a5
Nov ’23SEK 87.25
SEK 96.00
+10.0%
10.0%SEK 105.00SEK 78.00SEK 116.305

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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