Fortescue Metals Group Ltd
ASX:FMG

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Fortescue Metals Group Ltd
ASX:FMG
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Price: 17.94 AUD -1.91% Market Closed
Market Cap: 55.2B AUD
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Relative Value

The Relative Value of one FMG stock under the Base Case scenario is 22.58 AUD. Compared to the current market price of 17.94 AUD, Fortescue Metals Group Ltd is Undervalued by 21%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

FMG Relative Value
Base Case
22.58 AUD
Undervaluation 21%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
44
vs Industry
46
Median 3Y
2.1
Median 5Y
2
Industry
1.8
Forward
2.3
vs History
28
vs Industry
23
Median 3Y
6.4
Median 5Y
5.2
Industry
16
Forward
10.2
vs History
39
vs Industry
23
Median 3Y
5
Median 5Y
4.3
Industry
9.6
vs History
30
vs Industry
18
Median 3Y
6.4
Median 5Y
5.3
Industry
15.3
vs History
60
vs Industry
25
Median 3Y
2.1
Median 5Y
2
Industry
1.5
vs History
46
vs Industry
46
Median 3Y
2.2
Median 5Y
2
Industry
2.2
Forward
2.3
vs History
33
vs Industry
52
Median 3Y
4.1
Median 5Y
3.4
Industry
7.6
vs History
31
vs Industry
24
Median 3Y
4.5
Median 5Y
3.4
Industry
10.5
Forward
4.8
vs History
31
vs Industry
24
Median 3Y
4.5
Median 5Y
3.4
Industry
13.5
Forward
6.4
vs History
39
vs Industry
25
Median 3Y
5.1
Median 5Y
4.3
Industry
10.8
vs History
46
vs Industry
18
Median 3Y
8
Median 5Y
7.2
Industry
13.9
vs History
55
vs Industry
29
Median 3Y
1.7
Median 5Y
1.7
Industry
1.3

Multiples Across Competitors

FMG Competitors Multiples
Fortescue Metals Group Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
AU
Fortescue Metals Group Ltd
ASX:FMG
55.2B AUD 2 6.3 4.2 4.2
ZA
Kumba Iron Ore Ltd
JSE:KIO
107.9B Zac 0 0 0 0
BR
Vale SA
BOVESPA:VALE3
244.6B BRL 1.2 5 3.2 3.9
AU
Fortescue Ltd
XMUN:FVJ
33.9B EUR 2 6.3 4.2 4.2
US
Nucor Corp
NYSE:NUE
35.8B USD 1.1 14.3 7.5 10.2
IN
JSW Steel Ltd
NSE:JSWSTEEL
2.3T INR 1.3 45.8 12 18.6
US
Steel Dynamics Inc
NASDAQ:STLD
21.7B USD 1.2 12.3 8.5 10.3
JP
Nippon Steel Corp
TSE:5401
3.2T JPY 0.4 6.1 5.5 9
IN
Tata Steel Ltd
NSE:TATASTEEL
1.7T INR 0.8 -41.9 9.2 15.9
CN
Baoshan Iron & Steel Co Ltd
SSE:600019
144.9B CNY 0.4 12.1 11.4 11.4
LU
ArcelorMittal SA
AEX:MT
19.2B EUR 0.3 -34.2 8.6 -362.2

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