MMG Limited, an investment holding company, engages in the exploration, development, and mining of copper, zinc, gold, silver, nickel, and lead deposits in Australia and internationally.
No risks detected for MMLT.F from our risk checks.
Moderate growth potential and slightly overvalued.
Share Price & News
How has MMG's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MMLT.F has not had significant price volatility in the past 3 months.
7 Day Return
US Metals and Mining
1 Year Return
US Metals and Mining
Return vs Industry: Insufficient data to determine how MMLT.F performed against the US Metals and Mining industry.
Return vs Market: Insufficient data to determine how MMLT.F performed against the US Market.
Price Volatility Vs. Market
How volatile is MMG's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is MMG undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MMLT.F ($0.19) is trading below our estimate of fair value ($0.76)
Significantly Below Fair Value: MMLT.F is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MMLT.F is unprofitable, so we can't compare its PE Ratio to the US Metals and Mining industry average.
PE vs Market: MMLT.F is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MMLT.F's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MMLT.F is overvalued based on its PB Ratio (2.1x) compared to the US Metals and Mining industry average (1.9x).
How is MMG forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MMLT.F is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).
Earnings vs Market: MMLT.F is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: MMLT.F's is expected to become profitable in the next 3 years.
Revenue vs Market: MMLT.F's revenue (7.1% per year) is forecast to grow slower than the US market (9.4% per year).
High Growth Revenue: MMLT.F's revenue (7.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MMLT.F's Return on Equity is forecast to be low in 3 years time (9%).
How has MMG performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MMLT.F is currently unprofitable.
Growing Profit Margin: MMLT.F is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MMLT.F is unprofitable, but has reduced losses over the past 5 years at a rate of 30.7% per year.
Accelerating Growth: Unable to compare MMLT.F's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MMLT.F is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-22.6%).
Return on Equity
High ROE: MMLT.F has a negative Return on Equity (-7.29%), as it is currently unprofitable.
How is MMG's financial position?
Financial Position Analysis
Short Term Liabilities: MMLT.F's short term assets ($1.1B) do not cover its short term liabilities ($1.5B).
Long Term Liabilities: MMLT.F's short term assets ($1.1B) do not cover its long term liabilities ($8.5B).
Debt to Equity History and Analysis
Debt Level: MMLT.F's debt to equity ratio (284.9%) is considered high.
Reducing Debt: MMLT.F's debt to equity ratio has increased from 275.9% to 284.9% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable MMLT.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MMLT.F is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 40% per year.
What is MMG current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MMLT.F's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MMLT.F's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MMLT.F's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MMLT.F's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: MMLT.F is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MMLT.F's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Xiaoyu Gao (50 yo)
Mr.Geoffrey Gao, also known as Xiaoyu , is Chief Executive Officer and Executive Director of MMG Limited since August 1, 2018. He was Non-Executive Director of MMG Limited since April 1, 2011 until August ...
CEO Compensation Analysis
Compensation vs Market: Xiaoyu's total compensation ($USD2.99M) is below average for companies of similar size in the US market ($USD4.53M).
Compensation vs Earnings: Xiaoyu's compensation has increased whilst the company is unprofitable.
|CEO & Executive Director||2yrs||US$2.99m||no data|
|Chief Financial Officer||4.67yrs||no data||no data|
|Head of Investor Relations||no data||no data||no data|
|General Counsel||no data||no data||no data|
|Head of China Relations||no data||no data||no data|
|Head of Corporate Affairs||no data||no data||no data|
|Company Secretary||19.17yrs||no data||no data|
|Executive General Manager of Operations – Americas||1yr||no data||no data|
Experienced Management: MMLT.F's management team is considered experienced (3.5 years average tenure).
|CEO & Executive Director||2yrs||US$2.99m||no data|
|Independent Non-Executive Director||9.67yrs||US$158.00k||no data|
|Chairman of the Board||3.5yrs||no data||no data|
|Non-Executive Director||11.25yrs||US$704.00k||no data|
|Non-Executive Director||9.67yrs||US$161.00k||no data|
|Independent Non-Executive Director||8.08yrs||US$149.00k||no data|
|Independent Non-Executive Director||0.67yr||US$14.00k||no data|
|Non-Executive Director||3.5yrs||US$143.00k||no data|
Experienced Board: MMLT.F's board of directors are considered experienced (8.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
MMG Limited's company bio, employee growth, exchange listings and data sources
- Name: MMG Limited
- Ticker: MMLT.F
- Exchange: OTCPK
- Founded: 1988
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: HK$16.450b
- Listing Market Cap: HK$2.122b
- Shares outstanding: 8.06b
- Website: https://www.mmg.com
Number of Employees
- MMG Limited
- 28 Freshwater Place
- Level 23
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|1208||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Dec 1994|
|OMS1||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Dec 1994|
|MMLT.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Dec 1994|
|1208||SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect)||Yes||Ordinary Shares||HK||HKD||Dec 1994|
|1208||SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)||Yes||Ordinary Shares||HK||HKD||Dec 1994|
MMG Limited, an investment holding company, engages in the exploration, development, and mining of copper, zinc, gold, silver, nickel, and lead deposits in Australia and internationally. It operates throug ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/10 23:48|
|End of Day Share Price||2020/06/08 00:00|
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 here.