Marfrig Global Foods SA
BOVESPA:MRFG3

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Marfrig Global Foods SA Logo
Marfrig Global Foods SA
BOVESPA:MRFG3
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Price: 16.31 BRL -3.09%
Market Cap: 14.2B BRL
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Relative Value

The Relative Value of one MRFG3 stock under the Base Case scenario is 47.4 BRL. Compared to the current market price of 16.31 BRL, Marfrig Global Foods SA is Undervalued by 66%.

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.

MRFG3 Relative Value
Base Case
47.4 BRL
Undervaluation 66%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
39
vs Industry
95
Median 3Y
0.1
Median 5Y
0.1
Industry
1
Forward
0.1
vs History
7
vs Industry
68
Median 3Y
1.2
Median 5Y
2.4
Industry
16.8
Forward
-7.6
vs History
28
vs Industry
71
Median 3Y
0.8
Median 5Y
1
Industry
9.9
vs History
0
vs Industry
52
Median 3Y
1.3
Median 5Y
1.5
Industry
17.2
vs History
36
vs Industry
44
Median 3Y
1.2
Median 5Y
2.3
Industry
1.5
vs History
9
vs Industry
87
Median 3Y
0.3
Median 5Y
0.3
Industry
1.1
Forward
0.4
vs History
11
vs Industry
69
Median 3Y
1.9
Median 5Y
1.9
Industry
4.8
vs History
31
vs Industry
62
Median 3Y
2.4
Median 5Y
2.4
Industry
10.6
Forward
5.2
vs History
19
vs Industry
23
Median 3Y
3.7
Median 5Y
3
Industry
13.7
Forward
12.8
vs History
30
vs Industry
65
Median 3Y
3.3
Median 5Y
3.2
Industry
11.2
vs History
39
vs Industry
52
Median 3Y
4
Median 5Y
4
Industry
15.5
vs History
52
vs Industry
84
Median 3Y
0.4
Median 5Y
0.6
Industry
1.1

Multiples Across Competitors

MRFG3 Competitors Multiples
Marfrig Global Foods SA Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
BR
Marfrig Global Foods SA
BOVESPA:MRFG3
15B BRL 0.1 63.3 3.7 8.7
JP
Goyo Foods Industry Co Ltd
TSE:2230
53.2T JPY 23 895.9 540 752.8 186 542.5 318 284.3
CH
Nestle SA
SIX:NESN
191.5B CHF 2.1 17.1 12.4 15.2
US
Mondelez International Inc
NASDAQ:MDLZ
80B USD 2.2 21 12.9 15.5
ZA
Tiger Brands Ltd
JSE:TBS
45.5B Zac 0 0 0 0
FR
Danone SA
PAR:BN
41.3B EUR 1.5 41.2 9.4 13.8
US
Kraft Heinz Co
NASDAQ:KHC
36.9B USD 1.4 27 8.7 10.3
ZA
Avi Ltd
JSE:AVI
35.9B Zac 0 0 0 0
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
258.6B CNY 10 43.2 37.1 37.1
US
General Mills Inc
NYSE:GIS
35.2B USD 1.8 13.5 10.7 12.3
US
Hershey Co
NYSE:HSY
34.4B USD 3.1 19.4 12.8 15.1
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
BR
Marfrig Global Foods SA
BOVESPA:MRFG3
Average EV/EBITDA: 20 738.9
3.7
8%
0.5
JP
G
Goyo Foods Industry Co Ltd
TSE:2230
186 542.5
N/A N/A
CH
Nestle SA
SIX:NESN
12.4
2%
6.2
US
Mondelez International Inc
NASDAQ:MDLZ
12.9
6%
2.1
ZA
T
Tiger Brands Ltd
JSE:TBS
Not Available
20%
N/A
FR
Danone SA
PAR:BN
9.4
1%
9.4
US
Kraft Heinz Co
NASDAQ:KHC
8.7
2%
4.4
ZA
A
Avi Ltd
JSE:AVI
Not Available
7%
N/A
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
37.1
18%
2.1
US
General Mills Inc
NYSE:GIS
10.7
1%
10.7
US
Hershey Co
NYSE:HSY
12.8
0%
N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
BR
Marfrig Global Foods SA
BOVESPA:MRFG3
Average EV/EBIT: 35 379.1
8.7
56%
0.2
JP
G
Goyo Foods Industry Co Ltd
TSE:2230
318 284.3
N/A N/A
CH
Nestle SA
SIX:NESN
15.2
1%
15.2
US
Mondelez International Inc
NASDAQ:MDLZ
15.5
6%
2.6
ZA
T
Tiger Brands Ltd
JSE:TBS
Not Available
12%
N/A
FR
Danone SA
PAR:BN
13.8
5%
2.8
US
Kraft Heinz Co
NASDAQ:KHC
10.3
2%
5.2
ZA
A
Avi Ltd
JSE:AVI
Not Available
7%
N/A
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
37.1
13%
2.9
US
General Mills Inc
NYSE:GIS
12.3
1%
12.3
US
Hershey Co
NYSE:HSY
15.1
-1%
N/A

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