Dexin China Holdings Company Limited

DB:26X Stock Report

Market Cap: €29.2m

Dexin China Holdings Valuation

Is 26X 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 26X when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 26X (€0.01) is trading below our estimate of fair value (€1.7)

Significantly Below Fair Value: 26X is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 26X?

Key metric: As 26X is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 26X. This is calculated by dividing 26X's market cap by their current revenue.
What is 26X's PS Ratio?
PS Ratio0.009x
SalesCN¥24.51b
Market CapCN¥229.52m

Price to Sales Ratio vs Peers

How does 26X's PS Ratio compare to its peers?

The above table shows the PS ratio for 26X vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1.2x
ZYW China Properties Group
3.1xn/a€66.9m
NUVA Noratis
0.3x16.6%€15.4m
2GI GIEAG Immobilien
0.9xn/a€15.1m
AMMN Grounds Real Estate Development
0.6xn/a€9.5m
26X Dexin China Holdings
0.009xn/a€252.4m

Price-To-Sales vs Peers: 26X is good value based on its Price-To-Sales Ratio (0x) compared to the peer average (0.9x).

Price to Sales Ratio vs Industry

How does 26X's PS Ratio compare vs other companies in the DE Real Estate Industry?

11 CompaniesPrice / SalesEstimated GrowthMarket Cap
Industry Avg.3.7x-11.0%
26X Dexin China Holdings
 0.009xn/aUS$32.38m
DIC Branicks Group
0.7x-21.8%US$193.71m
DMRE DEMIRE Deutsche Mittelstand Real Estate
0.5x-42.0%US$85.55m
26X 0.0xIndustry Avg. 3.7xNo. of Companies10PS02.85.68.411.214+
11 CompaniesEstimated GrowthMarket Cap
Industry Avg.3.7x97.9%
26X Dexin China Holdings
 0.009xn/aUS$32.38m
No more companies

Price-To-Sales vs Industry: 26X is good value based on its Price-To-Sales Ratio (0x) compared to the German Real Estate industry average (3.4x).

Price to Sales Ratio vs Fair Ratio

What is 26X'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.

26X PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.009x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 26X'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.

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