Monadelphous Group Ltd
MND: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| lzr | LOCK|C$m | LOCK|p>RR>< |
Monadelphous: Contract Awards Encourage That Business Is Trending Favorably
We increase our fair value estimate for no-moat Monadelphous by 2% to AUD 15.10, due to the time value of money. At around AUD 13.00, Monadelphous shares are undervalued in 3-star territory.
