Yida China Holdings Valuation

Q: What is the Fair Price of YC2 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

YC2 (€0.01) is trading below our estimate of [[fair value]] (€0.08)

Is YC2 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

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 YC2 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: YC2 (€0.01) is trading below our estimate of fair value (€0.08)

Significantly Below Fair Value: YC2 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for YC2?

Key metric: As YC2 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for YC2. This is calculated by dividing YC2's market cap by their current revenue.
What is YC2's PS Ratio?
PS Ratio	0.08x
Sales	CN¥2.85b
Market Cap	CN¥233.09m

YC2 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	4.8x
Enterprise Value/EBITDA	48.7x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does YC2's PS Ratio compare to its peers?

The above table shows the PS ratio for YC2 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	1.2x
NUVA Noratis	0.3x	16.6%	€15.2m
2GI GIEAG Immobilien	0.9x	n/a	€14.0m
ZYW China Properties Group	3.1x	n/a	€66.9m
AMMN Grounds Real Estate Development	0.6x	n/a	€9.3m
YC2 Yida China Holdings	0.08x	n/a	€250.6m

Price-To-Sales vs Peers: YC2 is good value based on its Price-To-Sales Ratio (0.1x) compared to the peer average (0.4x).

Price to Sales Ratio vs Industry

How does YC2's PS Ratio compare vs other companies in the DE Real Estate Industry?

11 Companies	Price / Sales	Estimated Growth	Market Cap
Industry Avg.	3.8x	-11.0%
YC2 Yida China Holdings	0.08x	n/a	US$32.11m
DMRE DEMIRE Deutsche Mittelstand Real Estate	0.5x	-42.0%	US$88.78m
ADJ Adler Group	0.1x	n/a	US$50.43m

11 Companies		Estimated Growth	Market Cap
Industry Avg.	3.8x	96.6%
YC2 Yida China Holdings	0.08x	n/a	US$32.11m

No more companies

Price-To-Sales vs Industry: YC2 is good value based on its Price-To-Sales Ratio (0.1x) compared to the German Real Estate industry average (3.1x).

Price to Sales Ratio vs Fair Ratio

What is YC2'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.

YC2 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.08x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate YC2'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.

Discover undervalued companies

Murapol

zł1.4b

Engages in the residential real estate development in Poland.

44L

zł7.66

2.1%

n/a

Tokyu Fudosan Holdings

JP¥697.2b

Engages in the real estate business in Japan and internationally.

T8F

JP¥6.00

3.4%

4.3%

Relo Group

JP¥265.3b

Engages in the provision of property management services in Japan.

665

JP¥10.70

16.3%