A2 Milk Company Ltd
NZX:ATM

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A2 Milk Company Ltd Logo
A2 Milk Company Ltd
NZX:ATM
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Price: 10.88 NZD -0.91% Market Closed
Market Cap: 7.9B NZD
Section:
 

Relative Value

The Relative Value of one ATM stock under the Base Case scenario is 7.85 NZD. Compared to the current market price of 10.88 NZD, A2 Milk Company Ltd is Overvalued by 28%.

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.

ATM Relative Value
Base Case
7.85 NZD
Overvaluation 28%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

4.1
P/S
P/S
Price to Sales
4.1
vs History
6
vs Industry
12
Median 3Y
3
Median 5Y
3.3
Industry
1
Forward
3.9
More Details
38.8
P/E
P/E
Price to Earnings
38.8
vs History
23
vs Industry
14
Median 3Y
30.6
Median 5Y
33.3
Industry
16.1
Forward
36.4
More Details
39.1
P/OCF
P/OCF
Price to OCF
39.1
vs History
19
vs Industry
14
Median 3Y
27.8
Median 5Y
26.9
Industry
10
More Details
34.1
P/FCFE
P/FCFE
Price to FCFE
34.1
vs History
41
vs Industry
25
Median 3Y
33.9
Median 5Y
32.5
Industry
17.3
More Details
5.4
P/B
P/B
Price to Book Value
5.4
vs History
6
vs Industry
10
Median 3Y
4.1
Median 5Y
4.1
Industry
1.5
More Details
3.6
EV/S
EV/S
Enterprise Value to Sales
3.6
vs History
6
vs Industry
15
Median 3Y
2.5
Median 5Y
2.8
Industry
1.1
Forward
3.4
More Details
7.8
EV/GP
EV/GP
Enterprise Value to Gross Profit
7.8
vs History
12
vs Industry
31
Median 3Y
5.5
Median 5Y
6.2
Industry
4.8
More Details
27.5
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
27.5
vs History
19
vs Industry
13
Median 3Y
20.6
Median 5Y
20.8
Industry
10.1
Forward
21.6
More Details
27.5
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
27.5
vs History
19
vs Industry
15
Median 3Y
20.6
Median 5Y
20.8
Industry
13.3
Forward
23.3
More Details
33.9
EV/OCF
EV/OCF
Enterprise Value to OCF
33.9
vs History
19
vs Industry
18
Median 3Y
23.1
Median 5Y
21.3
Industry
11.5
More Details
34.6
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
34.6
vs History
19
vs Industry
22
Median 3Y
25.5
Median 5Y
23
Industry
16.1
More Details
14
EV/IC
EV/IC
Enterprise Value to IC
14
vs History
15
vs Industry
2
Median 3Y
8.4
Median 5Y
8.6
Industry
1.1
More Details

Multiples Across Competitors

ATM Competitors Multiples
A2 Milk Company Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
NZ
A2 Milk Company Ltd
NZX:ATM
7.9B NZD 4.1 38.8 27.5 27.5
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
193.5B CHF 2.1 18.8 12.6 15.7
US
Mondelez International Inc
NASDAQ:MDLZ
73.9B USD 2 20.9 16.2 21.2
FR
Danone SA
PAR:BN
49.2B EUR 1.8 26.8 11.6 15.6
ZA
Tiger Brands Ltd
JSE:TBS
53.4B Zac 0 0 0 0
US
Hershey Co
NYSE:HSY
40.8B USD 3.5 30 18 22.4
CN
Muyuan Foods Co Ltd
SZSE:002714
263.9B CNY 1.7 11.9 12.2 12.2
ZA
Avi Ltd
JSE:AVI
36.4B Zac 0 0 0 0
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
26.4B CHF 4.7 41.1 23.9 32.6
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
216.8B CNY 7.7 31.6 28.8 28.8
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
NZ
A2 Milk Company Ltd
NZX:ATM
Average EV/EBITDA: 20 743.7
27.5
22%
1.3
JP
G
Goyo Foods Industry Co Ltd
TSE:2230
186 542.5
N/A N/A
CH
Nestle SA
SIX:NESN
12.6
1%
12.6
US
Mondelez International Inc
NASDAQ:MDLZ
16.2
-2%
N/A
FR
Danone SA
PAR:BN
11.6
5%
2.3
ZA
T
Tiger Brands Ltd
JSE:TBS
Not Available
11%
N/A
US
Hershey Co
NYSE:HSY
18
-4%
N/A
CN
Muyuan Foods Co Ltd
SZSE:002714
12.2
31%
0.4
ZA
A
Avi Ltd
JSE:AVI
Not Available
7%
N/A
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
23.9
8%
3
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
28.8
16%
1.8
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
NZ
A2 Milk Company Ltd
NZX:ATM
Average EV/EBIT: 35 384.5
27.5
19%
1.4
JP
G
Goyo Foods Industry Co Ltd
TSE:2230
318 284.3
N/A N/A
CH
Nestle SA
SIX:NESN
15.7
0%
N/A
US
Mondelez International Inc
NASDAQ:MDLZ
21.2
-3%
N/A
FR
Danone SA
PAR:BN
15.6
6%
2.6
ZA
T
Tiger Brands Ltd
JSE:TBS
Not Available
12%
N/A
US
Hershey Co
NYSE:HSY
22.4
-6%
N/A
CN
Muyuan Foods Co Ltd
SZSE:002714
12.2
20%
0.6
ZA
A
Avi Ltd
JSE:AVI
Not Available
8%
N/A
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
32.6
8%
4.1
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
28.8
11%
2.6

See Also

Summary
ATM intrinsic value, competitors valuation, and company profile.
DCF Valuation
ATM stock valuation using Discount Cash Flow valuation method.
Relative Valuation
ATM stock valuation using valuation multiples.
Wall Street Estimates
ATM 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
ATM 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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