Is Morphic Ethical Equities Fund Ltd overvalued?

Morphic Ethical Equities Fund Ltd (MEC.AX) looks undervalued — trading about 17% below its fair value.

Undervalued

Price

$1.33

Fair value

$1.56

Current P/E

6.2

Normal P/E

7.2

Market cap

$40.6M

Dividend yield

0.0%

Return on equity

13.1%

Sector

Financial Services

Fair value compares MEC.AX's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 1 Jul 2026.

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