MTAG Group Berhad Valuation

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

Below Fair Value: MTAG (MYR0.35) is trading below our estimate of fair value (MYR0.56)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for MTAG. This is calculated by dividing MTAG's market cap by their current earnings.
What is MTAG's PE Ratio?
PE Ratio	11.6x
Earnings	RM 20.29m
Market Cap	RM 235.16m

MTAG 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	0.8x
Enterprise Value/EBITDA	3.7x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for MTAG 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	34.7x
FIMACOR Fima Corporation Berhad	15.6x	n/a	RM 424.1m
TIENWAH Tien Wah Press Holdings Berhad	17.4x	n/a	RM 121.6m
NGGB Nextgreen Global Berhad	46x	n/a	RM 939.4m
JAG JAG Berhad	59.6x	n/a	RM 226.3m
MTAG MTAG Group Berhad	11.6x	n/a	RM 235.2m

Price-To-Earnings vs Peers: MTAG is good value based on its Price-To-Earnings Ratio (11.6x) compared to the peer average (34.7x).

Price to Earnings Ratio vs Industry

How does MTAG's PE Ratio compare vs other companies in the Asian Commercial Services Industry?

16 Companies	Price / Earnings	Estimated Growth	Market Cap

16 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: MTAG is good value based on its Price-To-Earnings Ratio (11.6x) compared to the Asian Commercial Services industry average (16.5x).

Price to Earnings Ratio vs Fair Ratio

What is MTAG'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.

MTAG PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	11.6x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate MTAG'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.