MMG Limited (MMLTF) fair value: what the stock is really worth
As of Sep 25, 2026: fair value of MMG Limited $1.32, price $1.09, upside +21.1%, quality 45 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? Yes
- Good quality? No
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MMG Limited
MMLTF · USSpeculativeQuality growthUpside exists, but weak quality makes the signal speculative.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 23, 2026.
How to read this chart
60‑month range $0.1998 – $1.43 · fair‑value band $0.8693 – $1.76 · the $1.09 price screens below the $1.32 fair value. Dashed = 300-day average. As of Sep 23, 2026.
Company profile
MMG Limited, an investment holding company, engages in the exploration, development, and mining of mineral properties. It operates through Las Bambas, Kinsevere, Khoemacau, Dugald River, and Rosebery segments. The company explore for copper, zinc, gold, silver, molybdenum, cobalt, and lead deposits.
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MMG Limited, an investment holding company, engages in the exploration, development, and mining of mineral properties. It operates through Las Bambas, Kinsevere, Khoemacau, Dugald River, and Rosebery segments. The company explore for copper, zinc, gold, silver, molybdenum, cobalt, and lead deposits. It holds a portfolio of projects in Peru, Australia, Botswana, and the Democratic Republic of Congo. MMG Limited was formerly known as Minmetals Resources Limited and changed its name to MMG Limited in September 2012. The company was incorporated in 1988 and is headquartered in Southbank, Australia. MMG Limited operates as a subsidiary of China Minmetals H.K. (Holdings) Limited.
Stock analysis
MMG Limited (MMLTF) currently trades at $1.09, while our model-based Fair Value estimate is $1.32, implying the stock looks roughly 17.4% undervalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of $1.45 per share, and 15 of the 24 models we run sit above the $1.09 price.
Bear case: the Asset-Based group reads lowest at $0.2100, and 9 of the 24 models stay below the price. Evidence for this calculation is medium.
Scenario range: $0.8693 (bear) to $1.76 (bull), the price of $1.09 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 45/100 (below-average quality), in the Basic Materials sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
MMG Limited reported revenue of $6.2B in FY2025 versus $4.2B in FY2021, a compound +10.1%/yr. Reported net income was $510M in FY2025, compounding −6.5%/yr from FY2021.
Key figures
Market cap $13.4B · P/E ratio 27.3 · P/S ratio 2.23 · EPS (TTM) $0.0400 · Net margin 8.2% · Return on equity 14.5% · Return on assets (EBIT) 10.9% · Operating margin 35.6%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 32 out of 100 (medium confidence).
What moves the price
The share trades about 24% below its 52-week high and 36% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −33% fair-value upside, at 21%, MMLTF screens cheaper than that median.
Fair Value models
All 24 models by family
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Set up alert →Quality Score breakdown
Of which business quality 47 · Market factors (momentum, volatility) 47
Revenue & earnings trend
Growth Forecast
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Compare MMG Limited with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Copper · 61 stocks
Valuation Multiplesvs Copper median · lower = cheaper
Context: sector, industry, market
- Is the Materials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: US Stocks
- Valuation of the USA market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Copper stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Southern Copper Corporation SCCO | $202.64 | $157.34 | −22% |
| Freeport-McMoRan Inc FCX | $71.96 | $16.47 | −77% |
| First Quantum Minerals Ltd FM | C$45.54 | C$20.04 | −56% |
| Jiangxi Copper Company 600362 | ¥42.40 | ¥25.87 | −39% |
| Lundin Mining Corporation LUN | C$33.93 | C$37.32 | +10% |
| Hudbay Minerals Inc HBM | $26.87 | $21.22 | −21% |
| Tongling Nonferrous Metals Group 000630 | ¥5.89 | ¥2.16 | −63% |
| Capstone Copper Corp CS | C$14.54 | C$9.74 | −33% |
| China Nonferrous Mining Corporation 1258 | HK$15.49 | HK$13.82 | −11% |
| Zhejiang Hailiang Co 002203 | ¥17.78 | ¥6.39 | −64% |
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Key figures of MMG Limited
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