Migros Ticaret AS
IST:MGROS.E

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Migros Ticaret AS Logo
Migros Ticaret AS
IST:MGROS.E
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Price: 588 TRY 1.2% Market Closed
Market Cap: 106.5B TRY

Relative Value

The Relative Value of one MGROS.E stock under the Base Case scenario is 1 178.59 TRY. Compared to the current market price of 588 TRY, Migros Ticaret AS is Undervalued by 50%.

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.

MGROS.E Relative Value
Base Case
1 178.59 TRY
Undervaluation 50%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
28
vs Industry
67
Median 3Y
0.3
Median 5Y
0.3
Industry
0.6
Forward
0.3
vs History
17
vs Industry
53
Median 3Y
11.5
Median 5Y
12.1
Industry
17.1
Forward
15.4
vs History
17
vs Industry
29
Median 3Y
5
Median 5Y
3.6
Industry
8.5
vs History
vs Industry
20
Median 3Y
-4.5
Median 5Y
-4.9
Industry
17.6
vs History
77
vs Industry
40
Median 3Y
1.8
Median 5Y
6.6
Industry
1.7
vs History
22
vs Industry
74
Median 3Y
0.3
Median 5Y
0.3
Industry
0.7
Forward
0.3
vs History
30
vs Industry
65
Median 3Y
1.3
Median 5Y
1.1
Industry
2.3
vs History
46
vs Industry
20
Median 3Y
6
Median 5Y
5.1
Industry
8.5
Forward
3.6
vs History
14
vs Industry
39
Median 3Y
8.3
Median 5Y
8.3
Industry
13.1
Forward
9.6
vs History
19
vs Industry
37
Median 3Y
4.7
Median 5Y
3.5
Industry
10
vs History
14
vs Industry
1
Median 3Y
8.7
Median 5Y
4.4
Industry
14.2
vs History
77
vs Industry
33
Median 3Y
1.4
Median 5Y
1.7
Industry
1.1

Multiples Across Competitors

MGROS.E Competitors Multiples
Migros Ticaret AS Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
TR
Migros Ticaret AS
IST:MGROS.E
104.7B TRY 0.3 19.1 5.1 13.4
ZA
Shoprite Holdings Ltd
JSE:SHP
151.2B Zac 0 0 0 0
CA
Loblaw Companies Ltd
TSX:L
73.4B CAD 1.2 29.9 12.3 20.2
CA
Alimentation Couche-Tard Inc
TSX:ATD
70.2B CAD 0.7 19.3 10.2 16.3
US
Kroger Co
NYSE:KR
37.8B USD 0.3 49.5 10.1 32.1
UK
Tesco PLC
LSE:TSCO
28B GBP 0.4 18.3 7.4 11.8
JP
Seven & i Holdings Co Ltd
TSE:3382
5.6T JPY 0.5 23 8.1 18.6
NL
Koninklijke Ahold Delhaize NV
AEX:AD
30B EUR 0.3 14.5 6.5 13.9
IN
Avenue Supermarts Ltd
NSE:DMART
2.5T INR 3.9 90.5 52.8 66.4
CA
George Weston Ltd
TSX:WN
37.1B CAD 0.6 25.2 7.2 10.6
ZA
Pick N Pay Stores Ltd
JSE:PIK
25.4B Zac 0 0 0 0
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
TR
Migros Ticaret AS
IST:MGROS.E
Average EV/EBITDA: 13.3
5.1
40%
0.1
ZA
S
Shoprite Holdings Ltd
JSE:SHP
Not Available
28%
N/A
CA
Loblaw Companies Ltd
TSX:L
12.3
7%
1.8
CA
Alimentation Couche-Tard Inc
TSX:ATD
10.2
7%
1.5
US
Kroger Co
NYSE:KR
10.1
7%
1.4
UK
Tesco PLC
LSE:TSCO
7.4
3%
2.5
JP
Seven & i Holdings Co Ltd
TSE:3382
8.1
-2%
N/A
NL
Koninklijke Ahold Delhaize NV
AEX:AD
6.5
6%
1.1
IN
Avenue Supermarts Ltd
NSE:DMART
52.8
19%
2.8
CA
George Weston Ltd
TSX:WN
7.2
6%
1.2
ZA
P
Pick N Pay Stores Ltd
JSE:PIK
Not Available
14%
N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
TR
Migros Ticaret AS
IST:MGROS.E
Average EV/EBIT: 22.6
13.4
56%
0.2
ZA
S
Shoprite Holdings Ltd
JSE:SHP
Not Available
11%
N/A
CA
Loblaw Companies Ltd
TSX:L
20.2
12%
1.7
CA
Alimentation Couche-Tard Inc
TSX:ATD
16.3
8%
2
US
Kroger Co
NYSE:KR
32.1
10%
3.2
UK
Tesco PLC
LSE:TSCO
11.8
3%
3.9
JP
Seven & i Holdings Co Ltd
TSE:3382
18.6
-4%
N/A
NL
Koninklijke Ahold Delhaize NV
AEX:AD
13.9
13%
1.1
IN
Avenue Supermarts Ltd
NSE:DMART
66.4
20%
3.3
CA
George Weston Ltd
TSX:WN
10.6
14%
0.8
ZA
P
Pick N Pay Stores Ltd
JSE:PIK
Not Available
30%
N/A