IRC Ltd
HKEX:1029

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IRC Ltd
HKEX:1029
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Price: 0.09 HKD
Market Cap: 766.8m HKD
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Relative Value

The Relative Value of one IRC Ltd stock under the Base Case scenario is 0.14 HKD. Compared to the current market price of 0.09 HKD, IRC Ltd is Undervalued by 34%.

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.

Relative Value
Base Case
0.14 HKD
Undervaluation 34%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
66
vs Industry
75
Median 3Y
0.5
Median 5Y
0.5
Industry
1.8
vs History
vs Industry
Median 3Y
-1.1
Median 5Y
-1.1
Industry
16
vs History
17
vs Industry
31
Median 3Y
2.9
Median 5Y
2.4
Industry
9.6
vs History
vs Industry
11
Median 3Y
-1.6
Median 5Y
2.7
Industry
15.3
vs History
49
vs Industry
75
Median 3Y
0.4
Median 5Y
0.4
Industry
1.5
vs History
87
vs Industry
78
Median 3Y
0.5
Median 5Y
0.6
Industry
2.2
vs History
39
vs Industry
71
Median 3Y
1.7
Median 5Y
2
Industry
7.6
vs History
vs Industry
28
Median 3Y
2.1
Median 5Y
3.3
Industry
10.5
vs History
vs Industry
24
Median 3Y
2.1
Median 5Y
6.2
Industry
13.5
vs History
52
vs Industry
32
Median 3Y
2.8
Median 5Y
5.1
Industry
10.8
vs History
6
vs Industry
18
Median 3Y
2.8
Median 5Y
7.4
Industry
13.9
vs History
76
vs Industry
77
Median 3Y
0.3
Median 5Y
0.4
Industry
1.3

Multiples Across Competitors

Competitors Multiples
IRC 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
HK
IRC Ltd
HKEX:1029
766.8m HKD 0.4 -0.9 -57.7 -57.7
ZA
Kumba Iron Ore Ltd
JSE:KIO
107.4B Zac 0 0 0 0
BR
Vale SA
BOVESPA:VALE3
242.8B BRL 1.2 5 3.2 3.9
AU
Fortescue Ltd
XMUN:FVJ
34.1B EUR 2 6.3 4.2 4.2
AU
Fortescue Metals Group Ltd
ASX:FMG
55.2B AUD 2 6.3 4.2 4.2
US
Nucor Corp
NYSE:NUE
34.7B USD 1.1 13.8 7.3 9.9
IN
JSW Steel Ltd
NSE:JSWSTEEL
2.3T INR 1.3 45.8 12 18.6
US
Steel Dynamics Inc
NASDAQ:STLD
21.3B USD 1.2 12.1 8.3 10.1
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
LU
ArcelorMittal SA
AEX:MT
19.3B EUR 0.3 -34.1 8.6 -361.7
P/E Multiple
Earnings Growth
HK
IRC Ltd
HKEX:1029
Average P/E: 13.6
Negative Multiple: -0.9
N/A
ZA
K
Kumba Iron Ore Ltd
JSE:KIO
Not Available
-35%
BR
Vale SA
BOVESPA:VALE3
5
28%
AU
F
Fortescue Ltd
XMUN:FVJ
6.3
-54%
AU
Fortescue Metals Group Ltd
ASX:FMG
6.3
-54%
US
Nucor Corp
NYSE:NUE
13.8
-36%
IN
JSW Steel Ltd
NSE:JSWSTEEL
45.8
108%
US
Steel Dynamics Inc
NASDAQ:STLD
12.1
-23%
JP
Nippon Steel Corp
TSE:5401
6.1
16%
IN
Tata Steel Ltd
NSE:TATASTEEL
Negative Multiple: -41.9 N/A
LU
ArcelorMittal SA
AEX:MT
Negative Multiple: -34.1
334%
EV/EBIT Multiple
EBIT Growth
HK
IRC Ltd
HKEX:1029
Average EV/EBIT: 9.5
Negative Multiple: -57.7
N/A
ZA
K
Kumba Iron Ore Ltd
JSE:KIO
Not Available
-35%
BR
Vale SA
BOVESPA:VALE3
3.9
-4%
AU
F
Fortescue Ltd
XMUN:FVJ
4.2
-52%
AU
Fortescue Metals Group Ltd
ASX:FMG
4.2
-52%
US
Nucor Corp
NYSE:NUE
9.9
-31%
IN
JSW Steel Ltd
NSE:JSWSTEEL
18.6
62%
US
Steel Dynamics Inc
NASDAQ:STLD
10.1
-19%
JP
Nippon Steel Corp
TSE:5401
9
N/A
IN
Tata Steel Ltd
NSE:TATASTEEL
15.9
166%
LU
ArcelorMittal SA
AEX:MT
Negative Multiple: -361.7
6%

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