Maximus Valuation

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

Valuation Score

4/6

Valuation Score 4/6

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

Below Fair Value: MMS * (MX$1630) is trading below our estimate of fair value (MX$6942.18)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for MMS *. This is calculated by dividing MMS *'s market cap by their current earnings.
What is MMS *'s PE Ratio?
PE Ratio	14.4x
Earnings	US$306.91m
Market Cap	US$4.41b

MMS * 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/Revenue	1x
Enterprise Value/EBITDA	9.1x
PEG Ratio	14.8x

Price to Earnings Ratio vs Peers

How does MMS *'s PE Ratio compare to its peers?

The above table shows the PE ratio for MMS * vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	27.9x
TEP Teleperformance	8.6x	11.4%	€5.4b
VRRM Verra Mobility	38.5x	23.5%	US$3.9b
MAJ Majorel Group Luxembourg	19.9x	13.0%	€2.9b
FSL Firstsource Solutions	44.4x	23.0%	₹237.7b
MMS * Maximus	14.4x	1.0%	Mex$4.4b

Price-To-Earnings vs Peers: MMS * is good value based on its Price-To-Earnings Ratio (14.4x) compared to the peer average (27.9x).

Price to Earnings Ratio vs Industry

How does MMS *'s PE Ratio compare vs other companies in the Global Professional Services Industry?

20 Companies	Price / Earnings	Estimated Growth	Market Cap

20 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: MMS * is good value based on its Price-To-Earnings Ratio (14.4x) compared to the Global Professional Services industry average (20.4x).

Price to Earnings Ratio vs Fair Ratio

What is MMS *'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.

MMS * PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	14.4x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate MMS *'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?

Analyst Forecast: Insufficient data to show price forecast.