Melrose Industries PLC

OTCPK:MLSP.F Stock Report

Market Cap: US$8.4b

Melrose Industries Valuation

Is MLSP.F 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-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of MLSP.F when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: MLSP.F ($6.53) is trading below our estimate of fair value ($20.46)

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

Key Valuation Metric

Which metric is best to use when looking at relative valuation for MLSP.F?

Key metric: As MLSP.F is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for MLSP.F. This is calculated by dividing MLSP.F's market cap by their current revenue.
What is MLSP.F's PS Ratio?
PS Ratio1.9x
SalesUK£3.46b
Market CapUK£6.59b

Price to Sales Ratio vs Peers

How does MLSP.F's PS Ratio compare to its peers?

The above table shows the PS ratio for MLSP.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average6.6x
LOAR Loar Holdings
20.8x15.2%US$7.9b
SARO StandardAero
1.9x10.0%US$9.5b
DRS Leonardo DRS
2.9x6.2%US$9.3b
HII Huntington Ingalls Industries
0.6x3.9%US$7.5b
MLSP.F Melrose Industries
1.9x6.9%US$6.6b

Price-To-Sales vs Peers: MLSP.F is good value based on its Price-To-Sales Ratio (1.9x) compared to the peer average (6.6x).

Price to Sales Ratio vs Industry

How does MLSP.F's PS Ratio compare vs other companies in the US Aerospace & Defense Industry?

7 CompaniesPrice / SalesEstimated GrowthMarket Cap
VVX V2X
0.4x5.2%US$1.88b
LLAP Terran Orbital
0.4x29.5%US$51.22m
SIF SIFCO Industries
0.2xn/aUS$21.69m
AIRI Air Industries Group
0.3x8.9%US$14.28m
MLSP.F 1.9xIndustry Avg. 2.5xNo. of Companies9PS0246810+
7 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: MLSP.F is good value based on its Price-To-Sales Ratio (1.9x) compared to the US Aerospace & Defense industry average (2.5x).

Price to Sales Ratio vs Fair Ratio

What is MLSP.F's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

MLSP.F PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.9x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate MLSP.F's Price-To-Sales 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?

The above table shows the analyst MLSP.F forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$6.53
US$7.86
+20.4%
16.2%US$9.38US$5.07n/a13
Nov ’25US$6.29
US$8.10
+28.8%
16.2%US$9.67US$5.23n/a13
Oct ’25US$6.38
US$8.19
+28.3%
16.1%US$9.71US$5.25n/a13
Sep ’25US$6.40
US$8.50
+32.9%
14.8%US$9.78US$5.28n/a12
Aug ’25US$7.09
US$8.94
+26.1%
9.2%US$11.09US$7.96n/a11
Jul ’25US$6.70
US$8.98
+34.1%
9.1%US$11.05US$7.94n/a12
Jun ’25n/a
US$8.93
0%
9.6%US$10.93US$7.85n/a12
May ’25US$7.97
US$8.89
+11.5%
9.6%US$10.87US$7.81n/a12
Apr ’25n/a
US$8.87
0%
7.6%US$10.03US$7.99n/a11
Mar ’25US$7.90
US$8.01
+1.4%
8.7%US$9.28US$6.82n/a11
Feb ’25US$7.58
US$7.93
+4.6%
7.2%US$9.15US$6.86n/a11
Jan ’25US$7.11
US$7.66
+7.7%
8.6%US$9.09US$6.82n/a11
Dec ’24US$6.39
US$7.62
+19.2%
6.9%US$8.25US$6.86n/a11
Nov ’24n/a
US$7.21
0%
6.5%US$7.78US$6.57US$6.2911
Oct ’24US$5.85
US$7.24
+23.7%
5.9%US$7.81US$6.59US$6.3811
Sep ’24US$6.60
US$7.49
+13.5%
7.0%US$8.37US$6.61US$6.4011
Aug ’24n/a
US$7.63
0%
6.5%US$8.23US$6.75US$7.0911
Jul ’24n/a
US$7.34
0%
9.8%US$8.01US$5.63US$6.7010
Jun ’24US$6.00
US$6.97
+16.1%
12.6%US$7.91US$5.56n/a10
May ’24US$5.09
US$6.11
+20.0%
14.8%US$8.41US$5.48US$7.978
Apr ’24US$6.00
US$6.83
+13.9%
15.7%US$8.25US$4.11n/a9
Mar ’24US$5.25
US$6.19
+17.9%
15.4%US$7.36US$4.15US$7.909
Feb ’24US$5.10
US$6.25
+22.6%
14.3%US$7.24US$4.27US$7.589
Jan ’24US$4.76
US$6.77
+42.1%
22.8%US$10.31US$4.38US$7.1110
Dec ’23US$4.60
US$6.77
+47.0%
22.8%US$10.31US$4.38US$6.3910
Nov ’23US$4.10
US$6.05
+47.7%
26.6%US$9.49US$4.03n/a9

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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