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Metrics | Range | Conclusion |
---|---|---|
Selected LTM P/E Multiple | -0.8x - -0.9x | -0.9x |
Selected Fwd P/E Multiple | -0.4x - -0.5x | -0.5x |
Fair Value | HK$ 0.064 - HK$ 0.071 | HK$ 0.068 |
Upside | -28.4% - -20.8% | -24.6% |
Benchmarks | - | Full Ticker |
Sheng Yuan Holdings Limited | 85,100.0% | SEHK:851 |
China Development Bank International Investment Limited | 106,200.0% | SEHK:1062 |
Gemini Investments (Holdings) Limited | 17,400.0% | SEHK:174 |
Finet Group Limited | 831,700.0% | SEHK:8317 |
Future World Holdings Limited | 57,200.0% | SEHK:572 |
Renze Harvest International Limited | 128,200.0% | SEHK:1282 |
- | - | - |
Select Price / LTM EPS Ratio | ||||||||
Benchmark Companies | ||||||||
851 | 1062 | 174 | 8317 | 572 | 1282 | |||
SEHK:851 | SEHK:1062 | SEHK:174 | SEHK:8317 | SEHK:572 | SEHK:1282 | |||
Historical Net Income Growth | ||||||||
5Y CAGR | NM- | NM- | NM- | NM- | NM- | NM- | ||
3Y CAGR | 90.0% | NM- | NM- | NM- | NM- | NM- | ||
Latest Twelve Months | 214.8% | 32.0% | 85.5% | 52.1% | 108.9% | -321.6% | ||
Historical Net Income Profit Margin | ||||||||
5 Year Average Margin | -1608.1% | 31.8% | -26.4% | -85.0% | -98.5% | -19.9% | ||
Prior Fiscal Year | -28925.0% | 80.1% | -61.8% | -127.0% | -440.8% | 13.8% | ||
Latest Fiscal Year | 62.5% | 92.3% | -9.1% | -63.3% | 16.0% | -19.9% | ||
Latest Twelve Months | 62.5% | 92.3% | -9.1% | -109.7% | 16.0% | -19.9% | ||
Current Trading Multiples | ||||||||
EV / LTM EBITDA | 0.9x | 0.7x | 17.6x | -8.5x | 530.4x | -25.7x | ||
Price / LTM Sales | 2.8x | -1.1x | 0.1x | 8.5x | 1.4x | 0.2x | ||
LTM P/E Ratio | 4.5x | -1.2x | -1.3x | -7.8x | 8.7x | -1.1x | ||
Low | Mid | High | ||||||
Benchmark LTM P/E Ratio | -7.8x | -1.2x | 8.7x | |||||
Historical LTM P/E Ratio | -1.1x | 0.1x | 76.3x | |||||
Selected P/E Multiple | -0.8x | -0.9x | -0.9x | |||||
(x) LTM Net Income | (227) | (227) | (227) | |||||
(=) Equity Value | 188 | 198 | 208 | |||||
(/) Shares Outstanding | 2,680.0 | 2,680.0 | 2,680.0 | |||||
Implied Value Range | 0.07 | 0.07 | 0.08 | |||||
FX Rate: HKD/HKD | 1.0 | 1.0 | 1.0 | Market Price | ||||
Implied Value Range (Trading Cur) | 0.07 | 0.07 | 0.08 | 0.09 | ||||
Upside / (Downside) | -22.0% | -17.9% | -13.8% |
Equity Value | |||||||
Benchmark Companies | |||||||
(in millions) | 851 | 1062 | 174 | 8317 | 572 | 1282 | |
Value of Common Equity | 145 | 177 | 126 | 70 | 118 | 241 | |
(/) Shares Outstanding | 882.0 | 2,902.2 | 635.6 | 999.8 | 301.5 | 2,680.0 | |
Implied Stock Price | 0.16 | 0.06 | 0.20 | 0.07 | 0.39 | 0.09 | |
FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
Implied Stock Price (Trading Cur) | 0.16 | 0.06 | 0.20 | 0.07 | 0.39 | 0.09 | |
Trading Currency | HKD | HKD | HKD | HKD | HKD | HKD | |
FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |