MAGN Relative Valuation - Magnitogorskiy Metallurgicheskiy Kombinat PAO - Alpha Spread

Magnitogorskiy Metallurgicheskiy Kombinat PAO
MOEX:MAGN

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Magnitogorskiy Metallurgicheskiy Kombinat PAO
MOEX:MAGN
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Price: 44.3 RUB 1.56% Market Closed
Market Cap: 495B RUB
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Relative Value

The Relative Value of one MAGN stock under the Base Case scenario is 57.01 RUB. Compared to the current market price of 44.3 RUB, Magnitogorskiy Metallurgicheskiy Kombinat PAO is Undervalued by 22%.

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.

MAGN Relative Value
Base Case
57.01 RUB
Undervaluation 22%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
66
vs Industry
71
Median 3Y
0.7
Median 5Y
0.9
Industry
1.7
vs History
68
vs Industry
27
Median 3Y
4.1
Median 5Y
8.5
Industry
15.4
vs History
44
vs Industry
30
Median 3Y
4.4
Median 5Y
14.4
Industry
8.8
vs History
vs Industry
22
Median 3Y
3.9
Median 5Y
10.2
Industry
14.4
vs History
73
vs Industry
57
Median 3Y
0.9
Median 5Y
0.9
Industry
1.4
vs History
71
vs Industry
78
Median 3Y
0.5
Median 5Y
0.9
Industry
2.1
vs History
66
vs Industry
69
Median 3Y
1.8
Median 5Y
3.4
Industry
7
vs History
63
vs Industry
29
Median 3Y
2.4
Median 5Y
3.8
Industry
9.9
vs History
66
vs Industry
28
Median 3Y
2.7
Median 5Y
5.6
Industry
12.7
vs History
49
vs Industry
31
Median 3Y
4.5
Median 5Y
12.1
Industry
10.1
vs History
30
vs Industry
21
Median 3Y
7.5
Median 5Y
34.1
Industry
12.9
vs History
73
vs Industry
57
Median 3Y
0.8
Median 5Y
0.8
Industry
1.2

Multiples Across Competitors

MAGN Competitors Multiples
Magnitogorskiy Metallurgicheskiy Kombinat PAO Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
RU
Magnitogorskiy Metallurgicheskiy Kombinat PAO
MOEX:MAGN
495B RUB 0.6 4.2 2.5 2.8
ZA
Kumba Iron Ore Ltd
JSE:KIO
112.2B Zac 0 0 0 0
BR
Vale SA
BOVESPA:VALE3
249.8B BRL 1.2 5.1 3.3 4
AU
Fortescue Ltd
XMUN:FVJ
32.1B EUR 2 6.3 4.2 4.2
AU
Fortescue Metals Group Ltd
ASX:FMG
52.9B AUD 2 6.3 4.2 4.2
US
Nucor Corp
NYSE:NUE
33.9B USD 1 10 5.8 7.4
IN
JSW Steel Ltd
NSE:JSWSTEEL
2.3T INR 1.3 32 10.8 15.5
IN
Tata Steel Ltd
NSE:TATASTEEL
1.9T INR 0.9 -46.8 10.1 17.3
KR
Posco Holdings Inc
KRX:005490
28.1T KRW 0.4 20.8 4.6 10.9
JP
Nippon Steel Corp
TSE:5401
2.8T JPY 0.3 5.2 5 8.2
LU
ArcelorMittal SA
NYSE:MT
18.7B USD 0.3 -31.5 8 -337.4

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