M

Matrix Composites & Engineering Ltd
ASX:MCE

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Matrix Composites & Engineering Ltd
ASX:MCE
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Price: 0.39 AUD Market Closed
Market Cap: AU$87.6m

EV/FCFF

12.2
Current
284%
Cheaper
vs 3-y average of -6.6

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
12.2
=
Enterprise Value
AU$100.3m
/
Free Cash Flow to Firm
AU$8.8m

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
12.2
=
Enterprise Value
AU$100.3m
/
Free Cash Flow to Firm
AU$8.8m

Valuation Scenarios

Matrix Composites & Engineering Ltd is trading above its industry average

If EV/FCFF returns to its Industry Average (11.6), the stock would be worth AU$0.37 (5% downside from current price).

Statistics
Positive Scenarios
1/2
Maximum Downside
-5%
Maximum Upside
+71%
Average Upside
33%
Scenario EV/FCFF Value Implied Price Upside/Downside
Current Multiple 12.2 AU$0.39
0%
Industry Average 11.6 AU$0.37
-5%
Country Average 21 AU$0.67
+71%

Forward EV/FCFF
Today’s price vs future free cash flow to firm

Not enough data available to calculate forward EV/FCFF

Peer Comparison

All Multiples
EV/FCFF
P/E
All Countries
Close
Market Cap EV/FCFF P/E
AU
Matrix Composites & Engineering Ltd
ASX:MCE
87.6m AUD 12.2 -6.9
US
Schlumberger NV
NYSE:SLB
84B USD 18.5 24.5
US
Baker Hughes Co
NASDAQ:BKR
68B USD 26.8 26.1
US
Halliburton Co
NYSE:HAL
33.7B USD 23 21.8
LU
Tenaris SA
MIL:TEN
27.1B EUR 14.8 16.6
UK
TechnipFMC PLC
NYSE:FTI
30B USD 20.2 31.3
CN
Yantai Jereh Oilfield Services Group Co Ltd
SZSE:002353
134.1B CNY 57.7 47.8
UK
Subsea 7 SA
OSE:SUBC
93.6B NOK 8.1 24.5
IT
Saipem SpA
MIL:SPM
8.4B EUR 7.1 18.4
FR
Technip Energies NV
PAR:TE
7B EUR 9 19.3
US
Weatherford International PLC
NASDAQ:WFRD
7.8B USD 18.1 17.3

Market Distribution

Lower than 74% of companies in Australia
Percentile
26th
Based on 1 159 companies
26th percentile
12.2
Low
0 — 13.2
Typical Range
13.2 — 32.6
High
32.6 —
Distribution Statistics
Australia
Min 0
30th Percentile 13.2
Median 21
70th Percentile 32.6
Max 583 153.2

Matrix Composites & Engineering Ltd
Glance View

Market Cap
87.6m AUD
Industry
N/A

Matrix Composites & Engineering Ltd. engages in the design, engineering, and manufacture of composite and material technology solutions for the oil and gas, civil and infrastructure, resources, defense, and transportation industries. The company is headquartered in Perth, Western Australia. The company went IPO on 2009-11-16. Its principal activities include manufacture and supply of capital drilling equipment, subsea umbilical risers and flowline (SURF) ancillary equipment and associated services, well construction products, including centralizers and conductors. The company is also engaged in the supply of vortex-induced vibration (VIV) suppression equipment for rigid pipelines, supply of Epoxy based coating system and consultancy for, and manufacture of, advanced composite materials, products and solutions for the defense, energy, resource and transport sectors. Its subsidiaries include Specialist Engineering Services Pty Ltd, Matrix Henderson Property Pty Ltd, Matrix Coating Technologies Pty Ltd and Matrix Composites & Engineering Inc.

MCE Intrinsic Value
0.49 AUD
Undervaluation 20%
Intrinsic Value
Price AU$0.39
M
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