NL

Novolipetsk SteelMOEX NLMK Stock Report

Last reporting period 30 Jun, 2024

Updated 13 Nov, 2024

Last price

Market cap $B

7.928

Middle

Exchange

MISX - Moscow Exchange

View Section: Eyestock Rating

Novolipetsk Fair Value

NL

The fair market value of NLMK.ME stock is 214.69 RUB. Relative to the market price of 131.18 RUB Novolipetsk is undervalued by 63.7%

Eyestock's quantitative valuation approach is based on the method of estimating historical multipliers. To determine whether a stock is undervalued, we compare its current price to our estimated of fair value. The more undervalued a stock is, the more investment is profitable.

Fair Relative Value

Undervalued 63.7%
214.69 RUB
NLMK.ME Fair Value
131.18 RUB
Market price of NLMK.ME

Novolipetsk Valuation

Current NLMK.ME share ticker price is 131.18 RUB.

The fair value level of 214.69 RUB can be considered as an effective entry point for long-term investors to start investing in NLMK.ME stock. For a more in-depth assessment, we provide a minimum value that can be used to increase a stock position and a maximum one that can be used to reduce it.

Price chart is not available

1y
3y
5y
All time
Market price

Current market price

Fair value

Current price is 64% lower its fair value

Min value

Current price is 11% higher its minimum value

Max value

Current price is 240% lower its maximum value

14.11.2024

Market price:

* Eyestock is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on eyestock.io represent a recommendation to buy or sell a security.

NLMK.ME stock is undervalued

It means the current price may concern as a Moderate Risk Entry Point

Novolipetsk Steel Stock Valuation Calculator

How do we value a stock?

As fair value, we use the product of the median Price-to-earnings ratios at the end of each reporting period for the last 5 years and earnings per share for the last 12 months. By analogy with the fair value, we calculate the maximum and minimum ones using the corresponding P/E extremums.

1

Maximum P/E over 5 years

13.43

2

Median P/E over 5 years

6.46

3

Minimum P/E over 5 years

3.52

4

Earning per share (last 12 months)

33.22 RUB

Maximum value

1

x

4

=

446.02 RUB

Fair value

2

x

4

=

214.69 RUB

Minimum value

3

x

4

=

116.94 RUB

Novolipetsk Steel price metrics

0.29

Annual return (geometric mean)

34.76

Risk (standard deviation) of returns

β

0.2

Beta (volatility compared to market)

It means that NLMK.ME stock is less volatile than the broader market

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View Section: Profitability