Iochpe-Maxion S.A. (MYPK3.SA)

Industry: Auto - Parts Model: Peers Multiples Valuation

Valuation Snapshot

Ticker	Rank	Name	Rev TTM (M)	Trailing P/E	Forward P/E	Trailing EV/EBITDA	Forward EV/EBITDA	Trailing EV/EBIT	Forward EV/EBIT
603997.SS	80	Ningbo Jifeng Auto	3,049	77.46	77.46	23.23	21.64	25.88	70.40
015750.KQ	81	Sungwoo Hitech Co.	3,002	2.38	2.38	2.79	2.30	7.50	2.92
200880.KS	82	Seoyon E-Hwa Co.,	3,001	2.65	2.65	2.02	1.11	4.59	4.24
2105.TW	83	Cheng Shin Rubber	2,998	21.08	14.82	7.18	7.09	18.52	14.65
APOLLOTYRE.BO	84	Apollo Tyres Limit	2,960	37.82	31.49	10.90	9.34	13.19	12.56
7242.T	85	KYB Corporation	2,927	6.42	6.42	4.18	4.18	9.59	8.95
7313.T	86	TS TECH Co., Ltd.	2,895	29.90	28.07	2.80	2.72	15.69	5.64
MYPK3.SA	87	Iochpe-Maxion S.A.	2,854	8.88	8.88	3.77	2.90	5.86	5.92
600742.SS	88	Changchun FAWAY Au	2,805	15.18	15.67	2.25	2.16	3.35	2.45
600480.SS	89	Ling Yun Industria	2,776	22.46	12.23	12.34	11.28	22.05	12.91
CPS	90	Cooper-Standard Ho	2,729	20.14	20.14	8.65	8.65	15.66	14.08
MOD	91	Modine Manufacturi	2,686	40.24	40.24	22.62	18.71	27.18	19.00
000887.SZ	92	Anhui Zhongding Se	2,684	21.72	15.76	13.62	11.23	18.15	15.61
003620.KS	93	KG Mobility Corp.	2,589	-	-	10.45	10.45	33.28	-
OSR.DE	94	OSRAM Licht AG	2,471	-	-	16.36	18.49	-	-
007340.KS	95	DN Automotive Corp	2,457	4.76	3.47	4.05	2.75	6.16	3.90

Line Item	Trailing P/E	Forward P/E	Trailing EV/EBITDA	Forward EV/EBITDA	Trailing EV/EBIT	Forward EV/EBIT
Winsorized Median Multiple	20.14	14.82	7.18	7.09	14.42	8.95
Full Range Median Multiple	21.08	15.67	8.65	8.65	15.68	12.56
Industry Multiple	23.25	20.83	9.56	8.81	15.77	14.41
Market Implied Multiple	7.45	7.45	3.58	2.75	5.57	5.63
Company (MYPK3.SA) Multiple	8.88	8.88	3.77	2.90	5.86	5.92
(*) Net Income / EBITDA / Revenue	36	36	279	362	179	177
Winsorized Enterprise Value	N/A	N/A	2,000	2,568	2,584	1,587
Full Range Median Enterprise Value	N/A	N/A	2,411	3,135	2,808	2,227
(-) Net Debt	726	726	726	726	726	726
Winsorized Equity Value	734	540	1,274	1,842	1,858	862
Full Range Median Equity Value	768	571	1,685	2,410	2,083	1,502
(/) Shares Outstanding	27	27	27	27	27	27
Winsorized Fair Value	$27.04	$19.91	$46.96	$67.91	$68.51	$31.76
Full Range Median Fair Value	$28.31	$21.05	$62.13	$88.83	$76.78	$55.35
Current Price	$10.01	$10.01	$10.01	$10.01	$10.01	$10.01
Upside / Downside	170.16%	98.90%	369.16%	578.45%	584.42%	217.31%
Safety Margin	30.0%	30.0%	30.0%	30.0%	30.0%	30.0%
Buy Price	$18.93	$13.94	$32.87	$47.54	$47.96	$22.23
Buy / Don't Buy	BUY	BUY	BUY	BUY	BUY	BUY