Munters Group Valuation
Is MTRS undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
0/6Valuation 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 MTRS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: MTRS (SEK231.6) is trading above our estimate of fair value (SEK179.34)
Significantly Below Fair Value: MTRS is trading above our estimate of fair value.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for MTRS?
Other financial metrics that can be useful for relative valuation.
| What is MTRS's n/a Ratio? | |
|---|---|
| n/a | 0x |
| n/a | n/a |
| Market Cap | SEK 42.28b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 3.2x |
| Enterprise Value/EBITDA | 21.5x |
| PEG Ratio | 1.8x |
Price to Earnings Ratio vs Peers
How does MTRS's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 27.6x | ||
NIBE B NIBE Industrier | 35.7x | 29.5% | SEK 94.8b |
LIAB Lindab International | 26.8x | 25.7% | SEK 20.3b |
SYSR Systemair | 26.1x | 13.4% | SEK 16.8b |
NMAN Nederman Holding | 21.8x | n/a | SEK 7.6b |
MTRS Munters Group | 49x | 27.9% | SEK 42.3b |
Price-To-Earnings vs Peers: MTRS is expensive based on its Price-To-Earnings Ratio (49x) compared to the peer average (27.6x).
Price to Earnings Ratio vs Industry
How does MTRS's PE Ratio compare vs other companies in the European Building Industry?
Price-To-Earnings vs Industry: MTRS is expensive based on its Price-To-Earnings Ratio (49x) compared to the European Building industry average (17.3x).
Price to Earnings Ratio vs Fair Ratio
What is MTRS'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.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 49x |
| Fair PE Ratio | 41.5x |
Price-To-Earnings vs Fair Ratio: MTRS is expensive based on its Price-To-Earnings Ratio (49x) compared to the estimated Fair Price-To-Earnings Ratio (41.5x).
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | SEK 231.60 | SEK 245.00 +5.8% | 10.7% | SEK 280.00 | SEK 215.00 | n/a | 4 |
| Jul ’25 | SEK 198.30 | SEK 220.00 +10.9% | 17.1% | SEK 260.00 | SEK 180.00 | n/a | 4 |
| Jun ’25 | SEK 228.00 | SEK 220.00 -3.5% | 17.1% | SEK 260.00 | SEK 180.00 | n/a | 4 |
| May ’25 | SEK 223.00 | SEK 196.25 -12.0% | 8.9% | SEK 225.00 | SEK 180.00 | n/a | 4 |
| Apr ’25 | SEK 192.10 | SEK 186.25 -3.0% | 9.9% | SEK 210.00 | SEK 160.00 | n/a | 4 |
| Mar ’25 | SEK 188.30 | SEK 180.00 -4.4% | 7.1% | SEK 195.00 | SEK 160.00 | n/a | 4 |
| Feb ’25 | SEK 157.90 | SEK 170.00 +7.7% | 9.1% | SEK 195.00 | SEK 155.00 | n/a | 4 |
| Jan ’25 | SEK 163.50 | SEK 160.00 -2.1% | 5.8% | SEK 175.00 | SEK 150.00 | n/a | 4 |
| Dec ’24 | SEK 147.50 | SEK 156.25 +5.9% | 2.7% | SEK 160.00 | SEK 150.00 | n/a | 4 |
| Nov ’24 | SEK 136.20 | SEK 148.75 +9.2% | 5.0% | SEK 160.00 | SEK 140.00 | n/a | 4 |
| Oct ’24 | SEK 140.50 | SEK 143.80 +2.3% | 4.2% | SEK 155.00 | SEK 139.00 | n/a | 5 |
| Sep ’24 | SEK 130.40 | SEK 143.80 +10.3% | 4.2% | SEK 155.00 | SEK 139.00 | n/a | 5 |
| Aug ’24 | SEK 134.70 | SEK 143.80 +6.8% | 4.2% | SEK 155.00 | SEK 139.00 | SEK 231.60 | 5 |
| Jul ’24 | SEK 122.30 | SEK 122.00 -0.2% | 8.8% | SEK 135.00 | SEK 105.00 | SEK 198.30 | 5 |
| Jun ’24 | SEK 130.20 | SEK 118.00 -9.4% | 6.3% | SEK 125.00 | SEK 105.00 | SEK 228.00 | 5 |
| May ’24 | SEK 100.40 | SEK 114.80 +14.3% | 7.3% | SEK 125.00 | SEK 100.00 | SEK 223.00 | 5 |
| Apr ’24 | SEK 95.55 | SEK 106.00 +10.9% | 14.9% | SEK 123.00 | SEK 78.00 | SEK 192.10 | 5 |
| Mar ’24 | SEK 100.30 | SEK 106.00 +5.7% | 14.9% | SEK 123.00 | SEK 78.00 | SEK 188.30 | 5 |
| Feb ’24 | SEK 101.10 | SEK 109.40 +8.2% | 15.1% | SEK 125.00 | SEK 78.00 | SEK 157.90 | 5 |
| Jan ’24 | SEK 102.90 | SEK 99.00 -3.8% | 13.6% | SEK 120.00 | SEK 78.00 | SEK 163.50 | 5 |
| Dec ’23 | SEK 94.00 | SEK 96.00 +2.1% | 10.0% | SEK 105.00 | SEK 78.00 | SEK 147.50 | 5 |
| Nov ’23 | SEK 86.60 | SEK 96.00 +10.9% | 10.0% | SEK 105.00 | SEK 78.00 | SEK 136.20 | 5 |
| Oct ’23 | SEK 78.15 | SEK 84.00 +7.5% | 20.4% | SEK 102.00 | SEK 64.00 | SEK 140.50 | 4 |
| Sep ’23 | SEK 75.85 | SEK 70.25 -7.4% | 12.8% | SEK 85.00 | SEK 62.00 | SEK 130.40 | 4 |
| Aug ’23 | SEK 74.35 | SEK 70.25 -5.5% | 12.8% | SEK 85.00 | SEK 62.00 | SEK 134.70 | 4 |
Analyst Forecast: Target price is less than 20% higher than the current share price.