Company Valuation: MMG Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,770 2,216 2,560 3,997 13,679 14,143 - -
Change - -19.99% 15.5% 56.17% 242.2% 3.39% - -
Enterprise Value (EV) 1 7,944 7,301 6,861 8,440 17,031 14,559 12,343 9,328
Change - -8.09% -6.03% 23.02% 101.79% -14.51% -15.22% -24.43%
P/E 4.08x 13x 296x 21.7x 26.9x 8.11x 7.59x 7.2x
PBR 1.43x 1.04x 1.2x 1.17x 3.45x 2.34x 1.83x 1.49x
PEG - -0.2x -3.1x 0x 0x 0x 1.12x 1.34x
Capitalization / Revenue 0.65x 0.68x 0.59x 0.89x 2.2x 1.59x 1.56x 1.53x
EV / Revenue 1.87x 2.24x 1.58x 1.88x 2.74x 1.63x 1.36x 1.01x
EV / EBITDA 2.91x 4.75x 4.69x 4.12x 4.99x 2.6x 2.15x 1.61x
EV / EBIT 4.35x 9.8x 12.9x 8.53x 8.52x 3.21x 2.66x 2.1x
EV / FCF 4.01x 27.3x 6.47x 11.9x 10.6x 8.75x 6.97x 4.82x
FCF Yield 24.9% 3.67% 15.4% 8.37% 9.45% 11.4% 14.3% 20.8%
Dividend per Share 2 - - - - - - 0.005 0.0133
Rate of return - - - - - - 0.45% 1.21%
EPS 2 0.0786 0.0198 0.001 0.0152 0.0419 0.1358 0.145 0.1528
Distribution rate - - - - - - 3.45% 8.72%
Net sales 1 4,255 3,254 4,346 4,479 6,218 8,917 9,080 9,254
EBITDA 1 2,725 1,535 1,462 2,049 3,412 5,602 5,752 5,781
EBIT 1 1,827 745.3 531.7 990 1,999 4,534 4,642 4,450
Net income 1 667.1 172.4 9 161.9 509.4 1,677 1,773 1,902
Net Debt 1 5,174 5,085 4,301 4,442 3,351 416.2 -1,800 -4,814
Reference price 2 0.321 0.256 0.296 0.330 1.127 1.101 1.101 1.101
Nbr of stocks (in thousands) 8,639,126 8,639,767 8,656,047 12,129,014 12,140,530 12,846,422 - -
Announcement Date 3/24/22 3/7/23 3/5/24 3/4/25 3/3/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
8.52x1.71x2.73x-.--% 14.86B
24.97x9.65x14.79x2.07% 163B
23.95x3.58x8.53x0.84% 102B
12.11x1.4x5.81x2.92% 55.26B
19.92x3.73x12.72x0.88% 22.88B
6.82x0.29x7.6x6.22% 20.27B
32.57x - - 1.25% 19.88B
20.71x1.2x10.33x2.12% 17.94B
10.97x1.51x10.4x2.96% 16.58B
Average 17.84x 2.88x 9.11x 2.14% 48.12B
Weighted average by Cap. 21.04x 5.28x 10.77x 1.95%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

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