Man Group Plc

OTCPK:MNGP.F Stock Report

Market Cap: US$3.1b

Man Group Valuation

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

Valuation Score

5/6

Valuation Score 5/6

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

Discounted Cash Flow
Simply Wall St
US$6.28
Fair Value
56.8% undervalued intrinsic discount
14
Number of Analysts

Below Fair Value: MNGP.F ($2.71) is trading below our estimate of fair value ($6.28)

Significantly Below Fair Value: MNGP.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 MNGP.F?

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

The above table shows the Price to Earnings ratio for MNGP.F. This is calculated by dividing MNGP.F's market cap by their current earnings.
What is MNGP.F's PE Ratio?
PE Ratio9.9x
EarningsUS$315.00m
Market CapUS$3.13b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for MNGP.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average18x
APAM Artisan Partners Asset Management
11.7x3.8%US$3.5b
GCMG GCM Grosvenor
33.3x24.6%US$2.6b
FHI Federated Hermes
11.7x5.1%US$3.0b
VCTR Victory Capital Holdings
15.2x23.4%US$4.4b
MNGP.F Man Group
9.9x13.0%US$2.5b

Price-To-Earnings vs Peers: MNGP.F is good value based on its Price-To-Earnings Ratio (9.9x) compared to the peer average (18x).

Price to Earnings Ratio vs Industry

How does MNGP.F's PE Ratio compare vs other companies in the US Capital Markets Industry?

20 CompaniesPrice / EarningsEstimated GrowthMarket Cap
ADX Adams Diversified Equity Fund
3.7xn/aUS$2.33b
CET Central Securities
4.8xn/aUS$1.39b
ASA ASA Gold and Precious Metals
4.2xn/aUS$482.99m
FRMO FRMO
2.1xn/aUS$428.34m
MNGP.F 9.9xIndustry Avg. 22.1xNo. of Companies73PE020406080100+
20 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: MNGP.F is good value based on its Price-To-Earnings Ratio (9.9x) compared to the US Capital Markets industry average (22.1x).

Price to Earnings Ratio vs Fair Ratio

What is MNGP.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.

MNGP.F PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio9.9x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate MNGP.F'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?

The above table shows the analyst MNGP.F forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$2.71
US$3.26
+20.2%
11.2%US$4.00US$2.68n/a14
Feb ’26n/a
US$3.26
0%
10.5%US$4.00US$2.68n/a14
Jan ’26US$2.65
US$3.49
+31.8%
11.1%US$4.16US$2.87n/a14
Dec ’25US$2.55
US$3.42
+34.1%
13.8%US$4.16US$2.48n/a14
Nov ’25US$2.59
US$3.44
+32.9%
13.7%US$4.16US$2.48n/a14
Oct ’25US$2.64
US$3.77
+42.8%
10.6%US$4.22US$2.48n/a14
Sep ’25n/a
US$3.76
0%
10.7%US$4.24US$2.48n/a14
Aug ’25US$3.23
US$3.79
+17.5%
10.6%US$4.24US$2.48n/a14
Jul ’25US$3.02
US$3.84
+27.1%
11.4%US$4.32US$2.43n/a14
Jun ’25n/a
US$3.84
0%
11.2%US$4.32US$2.43n/a14
May ’25n/a
US$3.80
0%
11.1%US$4.32US$2.43n/a14
Apr ’25n/a
US$3.76
0%
11.1%US$4.16US$2.43n/a14
Mar ’25n/a
US$3.58
0%
11.3%US$4.04US$2.43n/a14
Feb ’25n/a
US$3.55
0%
11.5%US$4.10US$2.43n/a14
Jan ’25US$2.99
US$3.47
+16.0%
12.7%US$4.25US$2.43US$2.6514
Dec ’24n/a
US$3.44
0%
12.0%US$4.25US$2.42US$2.5514
Nov ’24n/a
US$3.46
0%
12.4%US$4.25US$2.42US$2.5914
Oct ’24n/a
US$3.50
0%
14.8%US$4.70US$2.42US$2.6414
Sep ’24n/a
US$3.50
0%
14.9%US$4.70US$2.42n/a14
Aug ’24US$2.87
US$3.49
+21.4%
13.9%US$4.71US$2.42US$3.2314
Jul ’24n/a
US$3.41
0%
15.7%US$4.87US$2.42US$3.0214
Jun ’24US$2.75
US$3.35
+21.7%
18.2%US$4.87US$2.19n/a12
May ’24US$2.80
US$3.31
+18.3%
19.1%US$4.87US$2.19n/a12
Apr ’24US$3.09
US$3.45
+11.5%
19.1%US$4.69US$2.19n/a12
Mar ’24US$3.00
US$3.42
+13.9%
17.5%US$4.69US$2.19n/a12
Feb ’24n/a
US$3.32
0%
19.0%US$4.73US$2.19n/a12
Analyst Price Target
Consensus Narrative from 14 Analysts
US$3.25
Fair Value
16.7% undervalued intrinsic discount
14
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/16 22:34
End of Day Share Price 2025/02/12 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Man Group Plc is covered by 35 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael SandersonBarclays
Michael SandersonBarclays
Daniel GarrodBarclays