MNHFF (Mayr-Melnhof Karton AG) Intrinsic Value: Projected FCF: $211.81 (As of Sep. 21, 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MNHFF Mayr-Melnhof Karton AG MNHFF
70 GF Score
Price $92.59
GF Value $100.85
! 5 Warning Signs
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What is Mayr-Melnhof Karton AG Intrinsic Value: Projected FCF?

Mayr-Melnhof Karton AG MNHFF -6.47% 70 Intrinsic Value: Projected FCF is $211.81 as of Sep. 21, 2026. GuruFocus rates MNHFF with a GF Score™ of 70/100 and a GF Value™ of $100.85. The stock has 5 warning signs investors should review. Among 296 Packaging & Containers companies, Mayr-Melnhof Karton AG ranks better than 82.09% on this metric.

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2026-09-21), Mayr-Melnhof Karton AG's Intrinsic Value: Projected FCF is $211.81. The stock price of Mayr-Melnhof Karton AG is $92.59. Therefore, Mayr-Melnhof Karton AG's Price-to-Intrinsic-Value-Projected-FCF of today is 0.4.

The historical rank and industry rank for Mayr-Melnhof Karton AG's Intrinsic Value: Projected FCF or its related term are showing as below:

MNHFF' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.41   Med: 1.07   Max: 1.59
Current: 0.44

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Mayr-Melnhof Karton AG was 1.59. The lowest was 0.41. And the median was 1.07.

MNHFF's Price-to-Projected-FCF is ranked better than
82.09% of 296 companies
in the Packaging & Containers industry
Industry Median: 0.91 vs MNHFF: 0.44

Mayr-Melnhof Karton AG  (OTCPK:MNHFF) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Mayr-Melnhof Karton AG's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=92.59/170.8652315498
=0.54

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Mayr-Melnhof Karton AG Intrinsic Value: Projected FCF Related Terms


Mayr-Melnhof Karton AG Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for Mayr-Melnhof Karton AG's Intrinsic Value: Projected FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mayr-Melnhof Karton AG Intrinsic Value: Projected FCF Chart

Mayr-Melnhof Karton AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 136.00 145.42 175.20 183.53 175.37

Mayr-Melnhof Karton AG Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Intrinsic Value: Projected FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 185.02 164.58 168.35 163.43 170.96

MNHFF vs SW, AMCR, PKG: Intrinsic Value: Projected FCF Comparison

For the Packaging & Containers subindustry, Mayr-Melnhof Karton AG's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mayr-Melnhof Karton AG Price-to-Projected-FCF vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Mayr-Melnhof Karton AG's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Mayr-Melnhof Karton AG's Price-to-Projected-FCF falls into.


MNHFF
70GF Score
Mayr-Melnhof Karton AG MNHFF
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mayr-Melnhof Karton AG Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Mayr-Melnhof Karton AG's Free Cash Flow(6 year avg) = $121.55.

Mayr-Melnhof Karton AG's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Dec25)*0.8)/Shares Outstanding (Diluted Average)
=(11.069452086404*121.550032+2468.2335156*0.8)/19.430981
=170.87

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Intrinsic Value: Projected FCF of $211.81 mean?
Mayr-Melnhof Karton AG (MNHFF) has a Intrinsic Value: Projected FCF of $211.81 as of Sep. 21, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Mayr-Melnhof Karton AG and its competitors. According to the industry distribution chart, Mayr-Melnhof Karton AG ranks #53 out of 296 companies in the Packaging & Containers industry, placing it in the top 17.9%.
Is Mayr-Melnhof Karton AG's Intrinsic Value: Projected FCF too high?
Mayr-Melnhof Karton AG's current Intrinsic Value: Projected FCF is $211.81. The Packaging & Containers industry median Intrinsic Value: Projected FCF is 0.91. Mayr-Melnhof Karton AG's value of $211.81 is 23175.8% above this industry median. Based on the distribution chart, Mayr-Melnhof Karton AG ranks #53 out of 296 companies in the Packaging & Containers industry, which is in the top quartile — a strong position relative to peers. Overall, Mayr-Melnhof Karton AG has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does Mayr-Melnhof Karton AG's Intrinsic Value: Projected FCF compare to SW and AMCR?
According to the Packaging & Containers industry distribution chart, Mayr-Melnhof Karton AG ranks #53 out of 296 companies for Intrinsic Value: Projected FCF. This places Mayr-Melnhof Karton AG in the top 18% of its industry — outperforming the majority of peers. The industry median Intrinsic Value: Projected FCF is 0.91. Mayr-Melnhof Karton AG's value of $211.81 is 23175.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for a Packaging & Containers company?
The median Intrinsic Value: Projected FCF among Packaging & Containers companies is 0.91, based on 296 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mayr-Melnhof Karton AG's current Intrinsic Value: Projected FCF of $211.81 is 23175.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Mayr-Melnhof Karton AG and its competitors. For the Packaging & Containers industry, the median Intrinsic Value: Projected FCF is 0.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mayr-Melnhof Karton AG's current Intrinsic Value: Projected FCF is $211.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mayr-Melnhof Karton AG stock overvalued right now?
Mayr-Melnhof Karton AG (MNHFF) has a current Intrinsic Value: Projected FCF of $211.81. The stock's GF Value™ is $100.85, compared to a current price of $92.59 — trading 8.2% below its estimated fair value. The current Intrinsic Value: Projected FCF is $211.81 and 23175.8% above the Packaging & Containers industry median of 0.91. Mayr-Melnhof Karton AG's overall GF Score™ is 70/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Mayr-Melnhof Karton AG (MNHFF), the current Intrinsic Value: Projected FCF is $211.81 as of Sep. 21, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Mayr-Melnhof Karton AG (MNHFF) Overvalued in 2026?

Based on GuruFocus' analysis, Mayr-Melnhof Karton AG stock appears to be undervalued. The current stock price of $92.59 is trading 8.2% below its estimated GF Value™ of $100.85.

Key valuation signals for MNHFF:

  • Intrinsic Value: Projected FCF: $211.81
  • GF Value™: $100.85 vs. price of $92.59 (8.2% below fair value)
  • GF Score™: 70/100 with 5 warning signs
  • Industry Position: 23175.8% above the Packaging & Containers median (#53 of 296)

No single metric tells the full story. See the MNHFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mayr-Melnhof Karton AG Business Description

Address Brahmsplatz 6, Vienna, AUT, A-1040
Mayr-Melnhof Karton AG manufactures and sells a variety of folding cartons for consumer goods packaging. The firm organizes itself into two segments based on the product type. The MM packaging segment, which generates the majority of revenue, sells packaging for consumer goods, which include cigarettes, pharmaceuticals, detergents, personal care products, and luxury products. The MM Board & Paper segment manufactures and markets numerous grades of cartonboard, focusing on coated cartonboard produced predominantly from recycled fibers as well as virgin fiber-based cartonboard. The vast majority of revenue comes from Europe.
70GF Score

Get the complete analysis for MNHFF

Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$92.59
Price
$100.85
GF Value