Asia Orient Holdings Valuation

Is ASD1 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

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 ASD1 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate ASD1's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate ASD1's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ASD1?

Key metric: As ASD1 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for ASD1. This is calculated by dividing ASD1's market cap by their current revenue.
What is ASD1's PS Ratio?
PS Ratio	0.2x
Sales	HK$1.90b
Market Cap	HK$315.33m

ASD1 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	11.9x
Enterprise Value/EBITDA	17.4x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does ASD1's PS Ratio compare to its peers?

The above table shows the PS ratio for ASD1 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	2.3x
FFM1 Franconofurt	2.1x	n/a	€37.5m
ADJ Adler Group	0.1x	n/a	€46.9m
DMRE DEMIRE Deutsche Mittelstand Real Estate	0.5x	-42.0%	€82.3m
ABHA Hasen-Immobilien	6.7x	n/a	€73.4m
ASD1 Asia Orient Holdings	0.2x	n/a	€315.3m

Price-To-Sales vs Peers: ASD1 is good value based on its Price-To-Sales Ratio (0.2x) compared to the peer average (2.3x).

Price to Sales Ratio vs Industry

How does ASD1's PS Ratio compare vs other companies in the DE Real Estate Industry?

11 Companies	Price / Sales	Estimated Growth	Market Cap
Industry Avg.	3.7x	-11.0%
ASD1 Asia Orient Holdings	0.2x	n/a	US$40.51m
DIC Branicks Group	0.7x	-21.8%	US$193.71m
DMRE DEMIRE Deutsche Mittelstand Real Estate	0.5x	-42.0%	US$85.55m

11 Companies		Estimated Growth	Market Cap
Industry Avg.	3.7x	97.9%
ASD1 Asia Orient Holdings	0.2x	n/a	US$40.51m

No more companies

Price-To-Sales vs Industry: ASD1 is good value based on its Price-To-Sales Ratio (0.2x) compared to the German Real Estate industry average (3.6x).

Price to Sales Ratio vs Fair Ratio

What is ASD1'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.

ASD1 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.2x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate ASD1'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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