As of 2025-11-13, the Intrinsic Value of City Merchants High Yield Trust Ltd (CMHY.L) is 197.24 GBP. This CMHY.L valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 185.00 GBP, the upside of City Merchants High Yield Trust Ltd is 6.60%.
The range of the Intrinsic Value is 144.58 - 317.65 GBP
Based on its market price of 185.00 GBP and our intrinsic valuation, City Merchants High Yield Trust Ltd (CMHY.L) is undervalued by 6.60%.
| Range | Selected | Upside | |
| a | |||
| DCF (Growth 5y) | 144.58 - 317.65 | 197.24 | 6.6% |
| DCF (Growth 10y) | 154.38 - 315.26 | 203.91 | 10.2% |
| DCF (EBITDA 5y) | 94.27 - 149.90 | 119.46 | -35.4% |
| DCF (EBITDA 10y) | 117.68 - 176.79 | 143.58 | -22.4% |
| Fair Value | 163.61 - 163.61 | 163.61 | -11.56% |
| P/E | 34.78 - 271.58 | 127.40 | -31.1% |
| EV/EBITDA | 100.48 - 350.20 | 198.67 | 7.4% |
| EPV | 105.24 - 151.76 | 128.50 | -30.5% |
| DDM - Stable | 267.33 - 792.50 | 529.91 | 186.4% |
| DDM - Multi | 122.98 - 268.44 | 167.10 | -9.7% |
| Market Cap (mil) | 199.16 |
| Beta | 0.50 |
| Outstanding shares (mil) | 1.08 |
| Enterprise Value (mil) | 209.76 |
| Market risk premium | 5.34% |
| Cost of Equity | 8.14% |
| Cost of Debt | 5.00% |
| WACC | 7.94% |