Multiverse Mining and Exploration Plc

NGSE:MULTIVERSE Stock Report

Market Cap: ₦3.1b

Multiverse Mining and Exploration Valuation

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

Valuation Score

3/6

Valuation Score 3/6

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

Below Fair Value: MULTIVERSE (NGN7.2) is trading below our estimate of fair value (NGN8.07)

Significantly Below Fair Value: MULTIVERSE is trading below fair value, but not by a significant amount.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for MULTIVERSE. This is calculated by dividing MULTIVERSE's market cap by their current earnings.
What is MULTIVERSE's PE Ratio?
PE Ratio9.5x
Earnings₦322.21m
Market Cap₦3.07b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for MULTIVERSE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average17.5x
MEYER Meyer
10.8xn/a₦3.8b
BERGER Berger Paints Nigeria
18xn/a₦5.0b
IMG Industrial and Medical Gases Nigeria
10.2xn/a₦19.0b
531778 Kachchh Minerals
30.9xn/a₹145.6m
MULTIVERSE Multiverse Mining and Exploration
9.5xn/a₦3.1b

Price-To-Earnings vs Peers: MULTIVERSE is good value based on its Price-To-Earnings Ratio (9.5x) compared to the peer average (17.5x).

Price to Earnings Ratio vs Industry

How does MULTIVERSE's PE Ratio compare vs other companies in the African Metals and Mining Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
MULTIVERSE 9.5xIndustry Avg. 12.1xNo. of Companies4PE01224364860+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: MULTIVERSE is good value based on its Price-To-Earnings Ratio (9.5x) compared to the African Metals and Mining industry average (12.1x).

Price to Earnings Ratio vs Fair Ratio

What is MULTIVERSE'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.

MULTIVERSE PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio9.5x
Fair PE Ration/a

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

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