Metlen Energy & Metals PLC (MTLN) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Metlen Energy & Metals PLC stock €45.78, price €45.20, upside +1.3%, quality 37 out of 100. Rating: fairly valued. Calculated from audited financials with 16 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 8, 2026.
How to read this chart
15‑month range €31.92 – €55.05 · fair‑value band €33.81 – €57.21 · the €45.20 price screens below the €45.78 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.
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Metlen Energy & Metals PLC (MTLN) currently trades at €45.20, while our model-based Fair Value estimate is €45.78, so the stock looks roughly fairly valued today (gap 1.3%).
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Valuation
Bull case: the Growth Earnings group reads highest at a median of €32.20 per share, and 1 of the 16 models we run sit above the €45.20 price.
Bear case: the Economic Profit group reads lowest at €9.95, and 15 of the 16 models stay below the price. Data coverage for this calculation is medium.
Scenario range: €33.81 (bear) to €57.21 (bull), the price of €45.20 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 37/100 (below-average quality), in the Utilities sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Metlen Energy & Metals PLC reported revenue of €7.1B in FY2025 versus €6.3B in FY2022, a compound +4.1%/yr. Reported net income was €314M in FY2025, compounding −12.3%/yr from FY2022.
Key figures
Market cap €6.5B Mid · P/E ratio 20.6 · P/S ratio 0.96 · EPS (TTM) €2.20 · Dividend yield 2.2% · Net margin 5.0% · Return on equity 11.7% · Return on assets (EBIT) 8.3% (4-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 41 out of 100 (low confidence).
What moves the price
The last reported earnings sit well below what analysts expect (earnings in transition, for example after write-downs or an earnings dip); whether the stock is cheap or expensive hinges on the expected recovery actually arriving. Read the fair value with that caveat.
The share trades about 10% below its 52-week high and 42% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Utilities peers we cover trades at −47% fair-value upside, at 1%, MTLN screens cheaper than that median.
Fair Value models
Bear€33.81Fair Value €45.78Bull€57.21
Price €45.20 · Upside +1.3%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (€1.31 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
Residual Income€17.20€18.60€20.8873
EPVn/a€1.29€2.7365
Gordon GGM€10.60€17.86€23.3065
All 16 models by family
Earnings-Based
Graham-Dodd€15.04€55.22€74.5661
Lynch FV€13.19€18.84€24.4958
PEG = 1.0€13.19€18.84€24.4955
EPVn/a€1.29€2.7365
Dividend Discount
Gordon GGM€10.60€17.86€23.3065
DDM Multi-Stage€10.60€16.89€19.2165
Multiples
P/E Multiple€29.85€39.80€49.7663
P/S Multiple€28.19€37.59€46.9958
P/B Multiple€22.89€30.52€38.1455
EV/EBIT€6.73€16.29€25.8461
EV/EBITDA€7.41€17.20€26.9863
EV/Revenue€1.25€11.19€21.1347
Asset-Based
NCAV (Graham)€8.48€11.36€16.9554
Economic Profit
Residual Income€17.20€18.60€20.8873
ROIC Compoundern/a€1.29€2.7365
Growth Earnings
Growth-Adj P/E€22.54€32.20€41.8665
The fair value above starts from this blend and is adjusted for a year distorted by one-off effects.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.35/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+25.1%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+4.1%
’22
’23
’24
’25
What shareholders gained per year (last 3 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 3 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
−17.3%
Earnings growth per share plus dividend.
Earnings per share, growth per year−19.5%
Dividend (yield on the price)2.2%
Profit margin 2022 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.12% → 5%
News mood ⓘNews mood, the average tone of recent news (14 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Hype
Recent news coverage is unusually upbeat, far more positive than stocks are typically covered.
AI conclusion: Emerging defense and tech partnerships support gallium demand while low margins and negative free cash flow with high leverage limit overall resilience.
Main risk: Volatile project risks in the defense telecommunications program could hit demand and margins in the metals division.
Metlen has formed a collaboration with Thales Alenia Space to explore opportunities in Greece's defense telecommunications satellite program, potentially incorporating its gallium production. This builds on recent supply deals that point to strong demand for its upcoming 50-tonne annual capacity starting in 2027. Our models currently see it as overvalued. Will the defense and tech linkages accelerate growth in the metals division more than they expose the business to volatile project risks?
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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.Utilities - Diversified · 49 stocks
Beats the industry median on 5/13 measures
Overall it trails its industry peers.
Valuation
Quality Score37 · Bottom 25%
Fair Value upside+1.3% · Top 25%
Profitability
Return on equity (12 months)11.7% · Above median
Return on assets2.8% · Below median
Net margin (12 months)5.0% · Below median
Operating margin (12 months)11.2% · Above median
Growth and dividend
Revenue growth (quarter YoY)10.5% · Above median
Dividend yield (12 months)2.2% · Bottom 25%
Balance sheet
Debt / equity1.29× · Above median
Valuation Multiplesvs Utilities - Diversified median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Metlen Energy & Metals PLC Fair Value". https://www.fairvalue-calculator.com/stock/MTLN
Frequently asked questions
Is Metlen Energy & Metals PLC (MTLN) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of €45.78 versus a price of €45.20, about +1% upside (fairly valued).
What is the fair value of MTLN?
Our model-based fair value for Metlen Energy & Metals PLC is €45.78 (as of Nov 8, 2026), built from audited fundamentals. The current price: €45.20.
What is the quality score of MTLN?
Metlen Energy & Metals PLC has a Quality Score of 37/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Metlen Energy & Metals PLC (MTLN)?
Our model-based price target is the fair value of €45.78 (as of Nov 8, 2026) from 16 valuation models. Cautious scenario €33.81, optimistic scenario €57.21. It is a calculation from audited fundamentals, not an analyst target.
What is the Metlen Energy & Metals PLC stock forecast for 2026?
Our models put fair value at €45.78, about +1% upside versus a price of €45.20 (fairly valued). Cautious scenario €33.81, optimistic scenario €57.21. The calculation is refreshed regularly with new filings.
What is the revenue of Metlen Energy & Metals PLC (MTLN)?
Metlen Energy & Metals PLC reported trailing-twelve-month revenue of about €7.5B (latest available figure, as of Nov 8, 2026).
Does Metlen Energy & Metals PLC pay a dividend?
Metlen Energy & Metals PLC currently shows a dividend yield of 2.21% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of Metlen Energy & Metals PLC (MTLN) and when is the ex-dividend date?
Metlen Energy & Metals PLC pays a dividend of €1.00 per share a year, a dividend yield of 2.2%. The last ex-dividend date was Jun 25, 2026. The payout ratio is 39.5% of earnings. Our assessment: Watch coverage. The dividend isn’t fully covered by free cash flow or earnings, part of it is funded from reserves or debt. Fine for now, but worth watching: if it stays uncovered, the dividend could be cut.
What is the intrinsic value of Metlen Energy & Metals PLC (MTLN)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Metlen Energy & Metals PLC it is €45.78 per share (as of Nov 8, 2026), against a price of €45.20. It is the blended result of 16 valuation models in 6 families (Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is Metlen Energy & Metals PLC stock overvalued or undervalued in 2026?
As of Nov 8, 2026, MTLN trades below its calculated fair value: price €45.20, fair value €45.78, a gap of about +1% (fairly valued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of MTLN?
No. The price is what the market pays today (€45.20); the fair value is what the company's own numbers justify (€45.78). For Metlen Energy & Metals PLC the two are €0.5800 per share apart. That gap is exactly why we show both numbers side by side.
How much is Metlen Energy & Metals PLC worth?
The market values Metlen Energy & Metals PLC at about €6.5B (market capitalisation, as of Nov 8, 2026). Per share that is €45.20; our models calculate a fair value of €45.78 per share.
What do the bullish and bearish scenarios say about MTLN?
Our models span a range for Metlen Energy & Metals PLC: cautious scenario €33.81, base €45.78, optimistic €57.21 per share (as of Nov 8, 2026, price €45.20). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of MTLN?
Metlen Energy & Metals PLC trades at a price-to-earnings ratio of 20.6 (as of Nov 8, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of €45.78 is built from several models across several years. Other multiples: P/B 2.4, P/S 1.0, EV/EBITDA 16.2.
How solid is the balance sheet of Metlen Energy & Metals PLC (MTLN)?
Balance-sheet figures for Metlen Energy & Metals PLC (as of Nov 8, 2026): return on equity 11.7%, debt of 1.29 per unit of equity. They feed the Quality Score of 37/100, which measures business quality independently of the share price.
How far is MTLN from its 52-week high?
Metlen Energy & Metals PLC trades at €45.20, about 10% below its 52-week high of €50.50 and 42% above the low of €31.92 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of €45.78 is for.
Which stocks are comparable to Metlen Energy & Metals PLC?
From the same area (Utilities) we also value Iberdrola, S.A, Enel SpA, Engie SA, E.ON SE, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Metlen Energy & Metals PLC stock attractive at the current price?
The data as of Nov 8, 2026: price €45.20, calculated fair value €45.78 (+1%), Quality Score 37/100, from 16 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of MTLN calculated?
We run Metlen Energy & Metals PLC through 16 models from 6 families: Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of €45.78 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0% above its aggregate fair value. Metlen Energy & Metals PLC currently trades 1% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Metlen Energy & Metals PLC (MTLN)?
The closing price on Nov 6, 2026 was €45.20. Our model-based fair value is €45.78, about +1% upside (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Metlen Energy & Metals PLC right now?
The price sits close to our fair value, market and models broadly agree here, little valuation tension. The price sits in the lower half of our model range, the side with the larger margin of safety. Read the verdict with care: some models are missing inputs, so the estimate scatters more than usual.
Key figures of Metlen Energy & Metals PLC
How large is the market capitalisation of Metlen Energy & Metals PLC (MTLN)?
The market capitalisation of Metlen Energy & Metals PLC is €6.5B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Metlen Energy & Metals PLC (MTLN)?
The price-to-sales ratio of Metlen Energy & Metals PLC is 0.96 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Metlen Energy & Metals PLC (MTLN)?
Earnings per share at Metlen Energy & Metals PLC are €2.20 (price ÷ EPS = P/E 20.6). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Metlen Energy & Metals PLC (MTLN)?
The dividend yield of Metlen Energy & Metals PLC is 2.2% (payout 45.5%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Metlen Energy & Metals PLC (MTLN)?
The net margin of Metlen Energy & Metals PLC is 5.0% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Metlen Energy & Metals PLC (MTLN)?
The return on equity (ROE) of Metlen Energy & Metals PLC is 11.7% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Metlen Energy & Metals PLC (MTLN)?
On an EBIT basis the return on assets of Metlen Energy & Metals PLC is 8.3% (avg 4y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Metlen Energy & Metals PLC (MTLN)?
The operating margin of Metlen Energy & Metals PLC is 11.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Metlen Energy & Metals PLC (MTLN)?
Revenue at Metlen Energy & Metals PLC is growing +10.5% versus a year earlier (3y avg +4.1%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Metlen Energy & Metals PLC (MTLN)?
Earnings per share at Metlen Energy & Metals PLC are growing +22.1% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Metlen Energy & Metals PLC (MTLN) generate?
The free cash flow of Metlen Energy & Metals PLC is −€242M (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Metlen Energy & Metals PLC (MTLN) carry?
The net debt of Metlen Energy & Metals PLC is €3.1B (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Some data
Nov 8, 2026