Mercan Kimya Sanayi ve Ticaret AS
IST:MERCN.E

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Mercan Kimya Sanayi ve Ticaret AS Logo
Mercan Kimya Sanayi ve Ticaret AS
IST:MERCN.E
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Price: 15.4 TRY 3.01% Market Closed
Market Cap: 2.9B TRY
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one MERCN.E stock under the Base Case scenario is 13.81 TRY. Compared to the current market price of 15.4 TRY, Mercan Kimya Sanayi ve Ticaret AS is Overvalued by 10%.

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.

MERCN.E Relative Value
Base Case
13.81 TRY
Overvaluation 10%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

1.1
P/S
P/S
Price to Sales
1.1
vs History
12
vs Industry
44
Median 3Y
0.6
Median 5Y
0.4
Industry
1.4
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
12
Median 3Y
0.7
Median 5Y
1.7
Industry
20
More Details
5.8
P/OCF
P/OCF
Price to OCF
5.8
vs History
32
vs Industry
13
Median 3Y
3.7
Median 5Y
0
Industry
11.9
More Details
Negative
P/FCFE
P/FCFE
Price to FCFE
N/A
vs History
vs Industry
26
Median 3Y
-7.4
Median 5Y
-1.2
Industry
19.8
More Details
1.8
P/B
P/B
Price to Book Value
1.8
vs History
18
vs Industry
25
Median 3Y
1.4
Median 5Y
1
Industry
1.5
More Details
1.3
EV/S
EV/S
Enterprise Value to Sales
1.3
vs History
12
vs Industry
43
Median 3Y
0.7
Median 5Y
0.5
Industry
1.5
More Details
6
EV/GP
EV/GP
Enterprise Value to Gross Profit
6
vs History
12
vs Industry
38
Median 3Y
4
Median 5Y
2.8
Industry
6.7
More Details
11.5
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
11.5
vs History
12
vs Industry
33
Median 3Y
7.1
Median 5Y
4.8
Industry
12
More Details
14.5
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
14.5
vs History
12
vs Industry
35
Median 3Y
8.2
Median 5Y
5.3
Industry
16.2
More Details
6.9
EV/OCF
EV/OCF
Enterprise Value to OCF
6.9
vs History
26
vs Industry
12
Median 3Y
4.6
Median 5Y
0
Industry
13
More Details
8.5
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
8.5
vs History
12
vs Industry
Median 3Y
-2.6
Median 5Y
-2.4
Industry
18.3
More Details
1.5
EV/IC
EV/IC
Enterprise Value to IC
1.5
vs History
18
vs Industry
27
Median 3Y
1.2
Median 5Y
0.9
Industry
1.2
More Details

Multiples Across Competitors

MERCN.E Competitors Multiples
Mercan Kimya Sanayi ve Ticaret AS Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
TR
Mercan Kimya Sanayi ve Ticaret AS
IST:MERCN.E
2.9B TRY 1.1 -48.9 11.5 14.5
SA
Saudi Basic Industries Corporation SJSC
SAU:2010
228.3B SAR 1.6 148.4 11.8 37.9
ID
Chandra Asri Petrochemical Tbk PT
IDX:TPIA
674.8T IDR 22.5 -579.7 -708.8 -708.8
ID
Chandra Asri Pacific PT Tbk
OTC:PTPIF
33.8B USD 18.9 -488.5 -597.6 -597.6
US
Dow Inc
NYSE:DOW
21.2B USD 0.5 74.7 8.5 26.8
UK
LyondellBasell Industries NV
NYSE:LYB
19.3B USD 0.5 14.2 6.2 9.6
CN
Hengli Petrochemical Co Ltd
SSE:600346
109B CNY 0.5 15.7 19.1 19.1
IN
Solar Industries India Ltd
NSE:SOLARINDS
1.2T INR 16.5 102.9 65.6 72.1
KR
LG Chem Ltd
KRX:051910
17.6T KRW 0.4 -25.4 5.5 33.7
US
Westlake Corp
NYSE:WLK
12B USD 1 20 6.5 14.1
CN
Rongsheng Petrochemical Co Ltd
SZSE:002493
78.6B CNY 0.2 40.8 20.9 20.9
P/E Multiple
Earnings Growth PEG
TR
Mercan Kimya Sanayi ve Ticaret AS
IST:MERCN.E
Average P/E: 59.5
Negative Multiple: -48.9 		N/A N/A
SA
Saudi Basic Industries Corporation SJSC
SAU:2010
148.4
92%
1.6
ID
Chandra Asri Petrochemical Tbk PT
IDX:TPIA
Negative Multiple: -579.7 N/A N/A
ID
Chandra Asri Pacific PT Tbk
OTC:PTPIF
Negative Multiple: -488.5 N/A N/A
US
Dow Inc
NYSE:DOW
74.7
21%
3.6
UK
LyondellBasell Industries NV
NYSE:LYB
14.2
27%
0.5
CN
Hengli Petrochemical Co Ltd
SSE:600346
15.7
17%
0.9
IN
Solar Industries India Ltd
NSE:SOLARINDS
102.9
35%
2.9
KR
LG Chem Ltd
KRX:051910
Negative Multiple: -25.4 N/A N/A
US
Westlake Corp
NYSE:WLK
20
25%
0.8
CN
Rongsheng Petrochemical Co Ltd
SZSE:002493
40.8
61%
0.7

See Also

Summary
MERCN.E intrinsic value, competitors valuation, and company profile.
DCF Valuation
MERCN.E stock valuation using Discount Cash Flow valuation method.
Relative Valuation
MERCN.E stock valuation using valuation multiples.
Wall Street Estimates
MERCN.E price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
MERCN.E stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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