Meituan Valuation

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

Below Fair Value: MPNG.F ($13.9) is trading below our estimate of fair value ($22.04)

Significantly Below Fair Value: MPNG.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 MPNG.F?

Other financial metrics that can be useful for relative valuation.

MPNG.F 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/Revenue2x
Enterprise Value/EBITDA38.6x
PEG Ratio1.2x

Price to Earnings Ratio vs Peers

How does MPNG.F's PE Ratio compare to its peers?

The above table shows the PE ratio for MPNG.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average33.4x
CMG Chipotle Mexican Grill
66.5x16.2%US$86.8b
SBUX Starbucks
20.3x11.6%US$100.2b
MCD McDonald's
23.1x6.6%US$197.1b
YUM Yum! Brands
23.6x7.2%US$39.7b
MPNG.F Meituan
45.3x37.8%US$678.9b

Price-To-Earnings vs Peers: MPNG.F is expensive based on its Price-To-Earnings Ratio (45.3x) compared to the peer average (33.4x).


Price to Earnings Ratio vs Industry

How does MPNG.F's PE Ratio compare vs other companies in the US Hospitality Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a19.5%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a19.5%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: MPNG.F is expensive based on its Price-To-Earnings Ratio (45.3x) compared to the US Hospitality industry average (20.1x).


Price to Earnings Ratio vs Fair Ratio

What is MPNG.F'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.

MPNG.F PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio45.3x
Fair PE Ratio46.4x

Price-To-Earnings vs Fair Ratio: MPNG.F is good value based on its Price-To-Earnings Ratio (45.3x) compared to the estimated Fair Price-To-Earnings Ratio (46.4x).


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 MPNG.F forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$13.90
US$17.27
+24.2%
20.8%US$25.82US$11.95n/a41
Apr ’25US$12.62
US$17.17
+36.0%
21.8%US$25.87US$10.20n/a41
Mar ’25US$11.42
US$18.20
+59.4%
32.2%US$35.03US$8.55n/a41
Feb ’25US$8.00
US$18.97
+137.1%
28.2%US$35.19US$9.63n/a41
Jan ’25US$10.34
US$20.03
+93.8%
25.6%US$35.52US$9.40n/a41
Dec ’24US$11.24
US$20.54
+82.7%
27.3%US$38.80US$11.52n/a41
Nov ’24US$13.81
US$24.61
+78.2%
17.1%US$37.85US$14.92n/a40
Oct ’24US$14.25
US$24.93
+74.9%
16.6%US$37.94US$14.96n/a41
Sep ’24US$16.81
US$25.02
+48.9%
15.0%US$33.54US$15.04n/a42
Aug ’24US$18.60
US$25.15
+35.2%
15.7%US$34.78US$14.58n/a42
Jul ’24US$15.75
US$24.77
+57.3%
15.9%US$34.25US$14.36n/a42
Jun ’24US$14.88
US$25.44
+71.0%
15.6%US$35.01US$14.68n/a42
May ’24US$16.74
US$26.08
+55.8%
15.7%US$34.82US$14.57US$13.9042
Apr ’24US$17.87
US$26.17
+46.4%
16.1%US$35.03US$12.62US$12.6242
Mar ’24US$17.82
US$28.58
+60.4%
16.7%US$36.91US$12.62US$11.4241
Feb ’24US$23.00
US$29.68
+29.1%
15.7%US$39.89US$17.08US$8.0039
Jan ’24US$21.82
US$28.73
+31.7%
15.7%US$38.61US$16.53US$10.3443
Dec ’23US$21.32
US$28.37
+33.1%
16.4%US$38.25US$16.37US$11.2442
Nov ’23US$17.62
US$29.37
+66.7%
17.0%US$40.11US$15.95US$13.8141
Oct ’23US$21.10
US$30.68
+45.4%
14.2%US$40.80US$20.35US$14.2540
Sep ’23US$22.93
US$31.23
+36.2%
15.9%US$41.59US$17.61US$16.8141
Aug ’23US$22.61
US$30.33
+34.2%
15.9%US$41.61US$18.04US$18.6041
Jul ’23US$24.51
US$30.10
+22.8%
15.8%US$40.92US$17.98US$15.7541
Jun ’23US$22.65
US$28.79
+27.1%
21.2%US$41.48US$18.00US$14.8840
May ’23US$21.35
US$28.86
+35.2%
24.7%US$45.53US$12.93US$16.7440

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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