Mongolia Energy Valuation

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

MOAE.Y ($0.55) is trading below our estimate of [[fair value]] ($6.54)

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

Below Fair Value: MOAE.Y ($0.55) is trading below our estimate of fair value ($6.54)

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

Key Valuation Metric

Which metric is best to use when looking at relative valuation for MOAE.Y?

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

The above table shows the Price to Earnings ratio for MOAE.Y. This is calculated by dividing MOAE.Y's market cap by their current earnings.
What is MOAE.Y's PE Ratio?
PE Ratio	0.07x
Earnings	HK$1.68b
Market Cap	HK$112.88m

MOAE.Y 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/Revenue	1.7x
Enterprise Value/EBITDA	1.9x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does MOAE.Y's PE Ratio compare to its peers?

The above table shows the PE ratio for MOAE.Y vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	16.4x
MTR Mesa Royalty Trust	20.9x	n/a	US$13.6m
AMEN AMEN Properties	12x	n/a	US$27.2m
RSRV Reserve Petroleum	12.9x	n/a	US$25.3m
MXC Mexco Energy	19.8x	n/a	US$24.2m
MOAE.Y Mongolia Energy	0.07x	n/a	US$112.9m

Price-To-Earnings vs Peers: MOAE.Y is good value based on its Price-To-Earnings Ratio (0.1x) compared to the peer average (10.2x).

Price to Earnings Ratio vs Industry

How does MOAE.Y's PE Ratio compare vs other companies in the US Oil and Gas Industry?

4 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	11.5x	8.5%
MOAE.Y Mongolia Energy	0.07x	n/a	US$14.48m
AXAS Abraxas Petroleum	0.09x	n/a	US$10.27m
BYRO.F Byron Energy	0.03x	-10.3%	US$312.17k

4 Companies		Estimated Growth	Market Cap
Industry Avg.	11.5x	8.5%
MOAE.Y Mongolia Energy	0.07x	n/a	US$14.48m

No more companies

Price-To-Earnings vs Industry: MOAE.Y is good value based on its Price-To-Earnings Ratio (0.1x) compared to the US Oil and Gas industry average (9.7x).

Price to Earnings Ratio vs Fair Ratio

What is MOAE.Y'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.

MOAE.Y PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	0.07x
Fair PE Ratio	n/a

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