Megaport Limited

OTCPK:MGPP.F Stock Report

Market Cap: US$787.7m

Megaport Valuation

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

Valuation Score

2/6

Valuation Score 2/6

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

Below Fair Value: MGPP.F ($4.6) is trading below our estimate of fair value ($7.8)

Significantly Below Fair Value: MGPP.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 MGPP.F?

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

The above table shows the Price to Earnings ratio for MGPP.F. This is calculated by dividing MGPP.F's market cap by their current earnings.
What is MGPP.F's PE Ratio?
PE Ratio126.2x
EarningsAU$9.61m
Market CapAU$1.21b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for MGPP.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average79.2x
CD Chindata Group Holdings
26.6x25.6%US$3.1b
DOCN DigitalOcean Holdings
44.5x18.2%US$3.7b
CXDO Crexendo
115.4x30.9%US$142.0m
WIX Wix.com
130.4x36.4%US$12.2b
MGPP.F Megaport
126.2x30.5%US$1.2b

Price-To-Earnings vs Peers: MGPP.F is expensive based on its Price-To-Earnings Ratio (126.2x) compared to the peer average (79.2x).

Price to Earnings Ratio vs Industry

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

5 CompaniesPrice / EarningsEstimated GrowthMarket Cap
TAOP Taoping
1xn/aUS$2.25m
DLTI DLT Resolution
0.3xn/aUS$228.03k
TMNA Agri-Fintech Holdings
0.0004xn/aUS$129.25k
COWI CarbonMeta Technologies
0.06xn/aUS$21.99k
MGPP.F 126.2xIndustry Avg. 41.6xNo. of Companies5PE020406080100+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: MGPP.F is expensive based on its Price-To-Earnings Ratio (126.2x) compared to the US IT industry average (41.6x).

Price to Earnings Ratio vs Fair Ratio

What is MGPP.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.

MGPP.F PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio126.2x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate MGPP.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 MGPP.F forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentn/a
US$7.10
0%
18.0%US$10.43US$5.20n/a15
Nov ’25n/a
US$7.84
0%
17.2%US$10.52US$5.24n/a15
Oct ’25US$5.00
US$8.41
+68.2%
16.7%US$11.05US$5.51n/a16
Sep ’25US$6.00
US$8.51
+41.8%
14.4%US$10.91US$6.80n/a16
Aug ’25n/a
US$9.88
0%
10.6%US$11.97US$8.17n/a16
Jul ’25US$7.22
US$10.10
+39.9%
10.8%US$12.18US$8.32n/a15
Jun ’25n/a
US$10.27
0%
10.5%US$12.25US$8.37n/a15
May ’25n/a
US$9.92
0%
10.3%US$11.85US$8.10n/a15
Apr ’25US$8.98
US$9.97
+11.0%
12.0%US$12.49US$7.54n/a15
Mar ’25US$9.23
US$9.58
+3.8%
11.8%US$12.48US$7.54n/a15
Feb ’25n/a
US$9.38
0%
12.0%US$12.15US$7.59n/a15
Jan ’25n/a
US$8.71
0%
18.2%US$12.26US$6.61n/a14
Dec ’24n/a
US$8.71
0%
18.2%US$12.26US$6.61n/a14
Nov ’24US$6.00
US$8.36
+39.4%
18.2%US$11.76US$6.34n/a14
Oct ’24n/a
US$8.78
0%
19.8%US$11.59US$5.15US$5.0014
Sep ’24n/a
US$8.75
0%
20.5%US$11.65US$5.18US$6.0014
Aug ’24n/a
US$7.58
0%
18.9%US$11.15US$4.59n/a14
Jul ’24n/a
US$5.65
0%
35.7%US$10.90US$3.21US$7.2214
Jun ’24US$4.25
US$5.49
+29.2%
37.1%US$10.73US$3.16n/a14
May ’24n/a
US$5.41
0%
39.0%US$10.82US$3.18n/a14
Apr ’24n/a
US$5.55
0%
38.9%US$10.41US$3.29US$8.9814
Mar ’24n/a
US$5.77
0%
35.5%US$10.65US$3.50US$9.2315
Feb ’24n/a
US$6.27
0%
37.7%US$11.67US$3.67n/a15
Jan ’24n/a
US$6.65
0%
35.7%US$12.52US$4.01n/a15
Dec ’23n/a
US$6.65
0%
35.7%US$12.52US$4.01n/a15
Nov ’23n/a
US$6.65
0%
35.7%US$12.52US$4.01US$6.0015

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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