Montauk Renewables, Inc.

JSE:MKR Stock Report

Market Cap: R4.0b

Montauk Renewables Valuation

Is MKR 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-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: Insufficient data to calculate MKR's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate MKR's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for MKR?

Key metric: As MKR is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for MKR. This is calculated by dividing MKR's market cap by their current revenue.
What is MKR's PS Ratio?
PS Ratio1.4x
SalesUS$160.68m
Market CapUS$231.88m

Price to Sales Ratio vs Peers

How does MKR's PS Ratio compare to its peers?

The above table shows the PS ratio for MKR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average5.5x
A389260 Daemyoung EnergyLtd
3.5xn/a₩348.5b
1257 China Everbright Greentech
0.3x3.28%HK$1.9b
ARVEN Arverne Group
9.9x60.46%€186.9m
KEEN Kencana Energi Lestari
8.1x63.17%Rp4.4t
MKR Montauk Renewables
1.4x21.69%R231.9m

Price-To-Sales vs Peers: MKR is good value based on its Price-To-Sales Ratio (1.4x) compared to the peer average (5.5x).

Price to Sales Ratio vs Industry

How does MKR's PS Ratio compare vs other companies in the Global Renewable Energy Industry?

47 CompaniesPrice / SalesEstimated GrowthMarket Cap
MKR 1.4xIndustry Avg. 2.3xNo. of Companies61PS0246810+
47 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: MKR is good value based on its Price-To-Sales Ratio (1.4x) compared to the Global Renewable Energy industry average (2.3x).

Price to Sales Ratio vs Fair Ratio

What is MKR's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

MKR PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.4x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate MKR's Price-To-Sales 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 MKR forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentR28.75
R51.49
+79.08%
23.97%R69.52R34.76n/a4
Nov ’26R37.67
R49.19
+30.58%
31.36%R69.34R26.00n/a4
Oct ’26R37.20
R50.04
+34.53%
31.36%R70.55R26.46n/a4
Sep ’26R36.53
R50.04
+37.00%
31.36%R70.55R26.46n/a4
Aug ’26R40.00
R51.05
+27.63%
31.36%R71.97R26.99n/a4
Jul ’26R43.60
R51.50
+18.12%
31.05%R71.65R26.87n/a4
Jun ’26R37.80
R51.50
+36.24%
31.05%R71.65R26.87n/a4
May ’26R40.50
R58.52
+44.49%
17.44%R74.91R46.82n/a4
Apr ’26R46.99
R67.86
+44.42%
34.64%R108.58R54.29n/a4
Mar ’26R70.01
R98.05
+40.05%
16.76%R115.36R73.83n/a4
Feb ’26R78.10
R108.96
+39.51%
8.26%R117.16R93.73n/a4
Jan ’26R83.00
R107.52
+29.54%
4.59%R113.18R99.60n/a4
Dec ’25R79.31
R107.52
+35.57%
4.59%R113.18R99.60R28.754
Nov ’25R98.00
R110.55
+12.80%
6.49%R122.59R105.07R37.674
Oct ’25R90.50
R120.55
+33.21%
11.42%R141.57R106.17R37.204
Sep ’25R86.31
R120.55
+39.67%
11.42%R141.57R106.17R36.534
Aug ’25R108.00
R126.90
+17.50%
13.33%R143.74R107.81R40.004
Jul ’25R104.00
R129.88
+24.88%
15.37%R149.77R107.65R43.604
Jun ’25R100.00
R123.75
+23.75%
17.86%R145.32R95.37R37.804
May ’25R68.29
R133.25
+95.12%
17.50%R152.29R95.18R40.504
Apr ’25R79.66
R158.73
+99.26%
11.46%R180.05R132.67R46.994
Mar ’25R114.93
R173.13
+50.64%
8.10%R189.73R151.79R70.014
Feb ’25R127.26
R173.13
+36.05%
8.10%R189.73R151.79R78.104
Jan ’25R172.00
R166.36
-3.28%
8.10%R182.31R145.85R83.004
Dec ’24R175.00
R166.36
-4.94%
8.10%R182.31R145.85R79.314
R52.25
Fair Value
45.0% undervalued intrinsic discount
4
Number of Analysts

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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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/30 03:40
End of Day Share Price 2025/11/28 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

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

Montauk Renewables, Inc. is covered by 6 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Christopher SoutherB. Riley Securities, Inc.
Ryan PfingstB. Riley Securities, Inc.
Craig IrwinRoth Capital Partners