Medicover AB (OTC:MCVEF)

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Price: 16.49 USD

Market Cap: 2.5B USD

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Section:

Relative Value

The Relative Value of one MCVEF stock under the Base Case scenario is 35.02 USD. Compared to the current market price of 16.49 USD, Medicover AB is Undervalued by 53%.

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.

What is Relative Valuation?

How is Relative Value calculated?

MCVEF Relative Value

Base Case

Worst Case

Base Case

Best Case

Valuation Multiples

1.2

P/S

vs History	77
vs Industry	58

Median 5Y

1.4

Industry

2.4

Forward

1.1

More Details

117

P/E

vs History	33
vs Industry	3

Median 5Y

Industry

23.2

Forward

59.6

More Details

9.6

P/OCF

vs History	74
vs Industry	31

Median 5Y

11.2

Industry

14.9

More Details

22.4

P/FCFE

vs History	33
vs Industry	21

Median 5Y

Industry

20.6

More Details

4.6

P/B

vs History	42
vs Industry	16

Median 5Y

4.5

Industry

2.2

More Details

1.5

EV/S

vs History	79
vs Industry	51

Median 5Y

1.8

Industry

2.5

Forward

1.5

More Details

7.5

EV/GP

vs History	63
vs Industry	24

Median 5Y

8.1

Industry

5.1

More Details

11.1

EV/EBITDA

vs History	65
vs Industry	27

Median 5Y

12.2

Industry

12.9

Forward

10.5

More Details

46.8

EV/EBIT

vs History	25
vs Industry	7

Median 5Y

38.8

Industry

17.4

Forward

33.6

More Details

12.9

EV/OCF

vs History	69
vs Industry	27

Median 5Y

14.2

Industry

14.6

More Details

25.3

EV/FCFF

vs History	87
vs Industry	16

Median 5Y

32.2

Industry

18.4

More Details

1.8

EV/IC

vs History	65
vs Industry	38

Median 5Y

1.9

Industry

1.9

More Details

Multiples Across Competitors

All Multiples

P/S

P/E

EV/EBITDA

EV/EBIT

Forward Multiples

			Market Cap	P/S	P/E	EV/EBITDA	EV/EBIT
SE		Medicover AB OTC:MCVEF	26.7B USD	1.2	117	11.1	46.8
US		Cigna Corp NYSE:CI	95B USD	0.4	31.3	9.3	12.1
US	C	Cigna Group XMUN:CGN	89.7B EUR	0.4	31.3	9.4	12.1
US		CVS Health Corp NYSE:CVS	68B USD	0.2	13.6	10.6	10.6
DE		Fresenius Medical Care AG XMUN:FME	23.5B EUR	1.2	44.3	10.4	24.1
US		Laboratory Corporation of America Holdings NYSE:LH	20.4B USD	1.6	46.9	13.9	21.4
DE		Fresenius SE & Co KGaA XETRA:FRE	18.7B EUR	0.8	-16.8	14.5	22.4
US		Quest Diagnostics Inc NYSE:DGX	18.1B USD	1.9	21.6	12.9	17.4
US		DaVita Inc NYSE:DVA	13.1B USD	1	15.8	8.1	11.3
DE	F	Fresenius Medical Care AG & Co KGaA XETRA:FME	11.8B EUR	0.6	22.2	6.7	15.5
US		Chemed Corp NYSE:CHE	8.5B USD	3.6	28.2	17.8	20.6

				Revenue Growth
SE		Medicover AB OTC:MCVEF	Average P/S: 1.2 1.2	54%
US		Cigna Corp NYSE:CI	0.4	39%
US	C	Cigna Group XMUN:CGN	0.4	39%
US		CVS Health Corp NYSE:CVS	0.2	16%
DE		Fresenius Medical Care AG XMUN:FME	1.2	7%
US		Laboratory Corporation of America Holdings NYSE:LH	1.6	23%
DE		Fresenius SE & Co KGaA XETRA:FRE	0.8	8%
US		Quest Diagnostics Inc NYSE:DGX	1.9	21%
US		DaVita Inc NYSE:DVA	1	14%
DE	F	Fresenius Medical Care AG & Co KGaA XETRA:FME	0.6	7%
US		Chemed Corp NYSE:CHE	3.6	21%

				Earnings Growth
SE		Medicover AB OTC:MCVEF	Average P/E: 37.2 117	456%
US		Cigna Corp NYSE:CI	31.3	96%
US	C	Cigna Group XMUN:CGN	31.3	96%
US		CVS Health Corp NYSE:CVS	13.6	17%
DE		Fresenius Medical Care AG XMUN:FME	44.3	127%
US		Laboratory Corporation of America Holdings NYSE:LH	46.9	264%
DE		Fresenius SE & Co KGaA XETRA:FRE	Negative Multiple: -16.8	N/A
US		Quest Diagnostics Inc NYSE:DGX	21.6	41%
US		DaVita Inc NYSE:DVA	15.8	65%
DE	F	Fresenius Medical Care AG & Co KGaA XETRA:FME	22.2	127%
US		Chemed Corp NYSE:CHE	28.2	46%

				EBITDA Growth
SE		Medicover AB OTC:MCVEF	Average EV/EBITDA: 11.3 11.1	70%
US		Cigna Corp NYSE:CI	9.3	26%
US	C	Cigna Group XMUN:CGN	9.4	26%
US		CVS Health Corp NYSE:CVS	10.6	26%
DE		Fresenius Medical Care AG XMUN:FME	10.4	27%
US		Laboratory Corporation of America Holdings NYSE:LH	13.9	55%
DE		Fresenius SE & Co KGaA XETRA:FRE	14.5	59%
US		Quest Diagnostics Inc NYSE:DGX	12.9	31%
US		DaVita Inc NYSE:DVA	8.1	25%
DE	F	Fresenius Medical Care AG & Co KGaA XETRA:FME	6.7	27%
US		Chemed Corp NYSE:CHE	17.8	34%

				EBIT Growth
SE		Medicover AB OTC:MCVEF	Average EV/EBIT: 19.5 46.8	181%
US		Cigna Corp NYSE:CI	12.1	42%
US	C	Cigna Group XMUN:CGN	12.1	42%
US		CVS Health Corp NYSE:CVS	10.6	9%
DE		Fresenius Medical Care AG XMUN:FME	24.1	78%
US		Laboratory Corporation of America Holdings NYSE:LH	21.4	95%
DE		Fresenius SE & Co KGaA XETRA:FRE	22.4	146%
US		Quest Diagnostics Inc NYSE:DGX	17.4	36%
US		DaVita Inc NYSE:DVA	11.3	35%
DE	F	Fresenius Medical Care AG & Co KGaA XETRA:FME	15.5	78%
US		Chemed Corp NYSE:CHE	20.6	41%

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	Estee Lauder Companies Inc NYSE:EL	US
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	Church & Dwight Co Inc NYSE:CHD	US
	Pfizer Inc NYSE:PFE	US
	American Express Co NYSE:AXP	US
	Nike Inc NYSE:NKE	US
	Visa Inc NYSE:V	US
	Alibaba Group Holding Ltd NYSE:BABA	CN
	3M Co NYSE:MMM	US
	JPMorgan Chase & Co NYSE:JPM	US
	Coca-Cola Co NYSE:KO	US
	Target Corp NYSE:TGT	US
	Walt Disney Co NYSE:DIS	US
	Mueller Industries Inc NYSE:MLI	US
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Medicover AB
OTC:MCVEF

Relative Value

Valuation Multiples

Multiples Across Competitors

MCVEF Competitors Multiples
Medicover AB Competitors

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Company

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52 Week Range	11.26 18.32
Price Target

Medicover AB OTC:MCVEF

Relative Value

Valuation Multiples

Multiples Across Competitors

MCVEF Competitors Multiples Medicover AB Competitors

See Also

Company

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Medicover AB
OTC:MCVEF

MCVEF Competitors Multiples
Medicover AB Competitors