Hong Kong Technology Venture Valuation
Is XHN1 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
3/6Valuation Score 3/6
Below Fair Value
Significantly Below Fair Value
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast
Share Price vs Fair Value
What is the Fair Price of XHN1 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: XHN1 (€0.17) is trading below our estimate of fair value (€0.55)
Significantly Below Fair Value: XHN1 is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for XHN1?
Key metric: As XHN1 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.
| What is XHN1's PS Ratio? | |
|---|---|
| PS Ratio | 0.3x |
| Sales | HK$3.88b |
| Market Cap | HK$1.11b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 0.2x |
| Enterprise Value/EBITDA | 59.8x |
| PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does XHN1's PS Ratio compare to its peers?
| Company | Forward PS | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 0.2x | ||
K7L Dispensa Group | 0.4x | n/a | €2.1m |
HAW Hawesko Holding | 0.3x | 3.1% | €205.7m |
MSH WASGAU Produktions & Handels | 0.09x | n/a | €59.4m |
B4B Metro | 0.05x | 2.9% | €1.6b |
XHN1 Hong Kong Technology Venture | 0.3x | n/a | €1.1b |
Price-To-Sales vs Peers: XHN1 is expensive based on its Price-To-Sales Ratio (0.3x) compared to the peer average (0.2x).
Price to Sales Ratio vs Industry
How does XHN1's PS Ratio compare vs other companies in the European Consumer Retailing Industry?
| 10 Companies | Price / Sales | Estimated Growth | Market Cap |
|---|---|---|---|
| 10 Companies | Estimated Growth | Market Cap | |
|---|---|---|---|
Price-To-Sales vs Industry: XHN1 is good value based on its Price-To-Sales Ratio (0.3x) compared to the European Consumer Retailing industry average (0.3x).
Price to Sales Ratio vs Fair Ratio
What is XHN1's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PS Ratio | 0.3x |
| Fair PS Ratio | n/a |
Price-To-Sales vs Fair Ratio: Insufficient data to calculate XHN1's Price-To-Sales Fair Ratio for valuation analysis.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.