ME Group International plc

BATS-CHIXE:MEGPL Stock Report

Market Cap: UK£632.5m

ME Group International Valuation

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

Valuation Score

6/6

Valuation Score 6/6

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

Below Fair Value: MEGPL (£1.69) is trading below our estimate of fair value (£4.15)

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


Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

MEGPL key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2.1x
Enterprise Value/EBITDA6x
PEG Ratio1.9x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for MEGPL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average21.7x
ATG Auction Technology Group
34.7x18.5%UK£588.2m
ANX Anexo Group
5.4x12.1%UK£81.4m
RNK Rank Group
26x38.4%UK£413.2m
YNGA Young's Brewery
20.9x18.4%UK£495.6m
MEGPL ME Group International
12.5x6.7%UK£632.5m

Price-To-Earnings vs Peers: MEGPL is good value based on its Price-To-Earnings Ratio (12.5x) compared to the peer average (22x).


Price to Earnings Ratio vs Industry

How does MEGPL's PE Ratio compare vs other companies in the European Consumer Services Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a8.1%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a8.1%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: MEGPL is good value based on its Price-To-Earnings Ratio (12.5x) compared to the Global Consumer Services industry average (18x).


Price to Earnings Ratio vs Fair Ratio

What is MEGPL'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.

MEGPL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio12.5x
Fair PE Ratio18.5x

Price-To-Earnings vs Fair Ratio: MEGPL is good value based on its Price-To-Earnings Ratio (12.5x) compared to the estimated Fair Price-To-Earnings Ratio (18.5x).


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 MEGPL forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUK£1.69
UK£2.03
+19.9%
1.0%UK£2.05UK£2.00n/a3
May ’25UK£1.58
UK£2.03
+28.0%
1.0%UK£2.05UK£2.00n/a3
Apr ’25UK£1.66
UK£2.03
+21.9%
1.0%UK£2.05UK£2.00n/a3
Mar ’25UK£1.66
UK£2.03
+21.8%
1.0%UK£2.05UK£2.00n/a3
Feb ’25UK£1.26
UK£1.94
+54.5%
3.4%UK£2.00UK£1.85n/a3
Jan ’25UK£1.26
UK£1.94
+54.0%
3.4%UK£2.00UK£1.85n/a3
Dec ’24UK£1.30
UK£1.94
+49.0%
3.4%UK£2.00UK£1.85n/a3
Nov ’24UK£1.43
UK£1.94
+35.7%
3.4%UK£2.00UK£1.85n/a3
Oct ’24UK£1.59
UK£1.94
+22.2%
3.4%UK£2.00UK£1.85n/a3
Sep ’24UK£1.62
UK£1.94
+19.8%
3.4%UK£2.00UK£1.85n/a3
Aug ’24UK£1.55
UK£1.94
+25.1%
3.4%UK£2.00UK£1.85n/a3
Jul ’24UK£1.63
UK£1.94
+19.1%
3.4%UK£2.00UK£1.85n/a3
Jun ’24UK£1.48
UK£1.92
+29.2%
3.4%UK£1.98UK£1.85n/a2
May ’24UK£1.29
UK£1.82
+41.3%
1.1%UK£1.84UK£1.80UK£1.582
Apr ’24UK£1.28
UK£1.82
+42.7%
1.1%UK£1.84UK£1.80UK£1.662
Mar ’24UK£1.42
UK£1.82
+28.6%
1.1%UK£1.84UK£1.80UK£1.662
Feb ’24UK£1.26
UK£1.50
+19.0%
13.3%UK£1.70UK£1.30UK£1.262
Jan ’24UK£1.15
UK£1.50
+31.0%
13.3%UK£1.70UK£1.30UK£1.262
Dec ’23UK£1.05
UK£1.50
+42.9%
13.3%UK£1.70UK£1.30UK£1.302
Nov ’23UK£0.93
UK£1.35
+45.2%
3.7%UK£1.40UK£1.30UK£1.432
Oct ’23UK£0.84
UK£1.35
+60.7%
3.7%UK£1.40UK£1.30UK£1.592
Sep ’23UK£0.89
UK£1.35
+51.9%
3.7%UK£1.40UK£1.30UK£1.622
Aug ’23n/a
UK£1.35
0%
3.7%UK£1.40UK£1.30UK£1.552
Jul ’23n/a
UK£1.32
0%
6.5%UK£1.40UK£1.23UK£1.632
Jun ’23n/a
UK£1.18
0%
10.6%UK£1.30UK£1.05UK£1.482
May ’23n/a
UK£1.18
0%
10.6%UK£1.30UK£1.05UK£1.292

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


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