Hongkong Land Holdings Limited

DB:HLH Stock Report

Market Cap: €9.0b

Hongkong Land Holdings Valuation

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

Valuation Score

0/6

Valuation Score 0/6

Share Price vs Fair Value

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

Discounted Cash Flow
Simply Wall St
€5.60
Fair Value
26.5% undervalued intrinsic discount
13
Number of Analysts


Key Valuation Metric

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

Key metric:

The above table shows the Price to Sales ratio for HLH. This is calculated by dividing HLH's market cap by their current revenue.
What is HLH's PS Ratio?
PS Ratio4.3x
SalesUS$2.15b
Market CapUS$9.22b

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for HLH vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average4x
DWNI Deutsche Wohnen
6.1xn/a€9.1b
LEG LEG Immobilien
4.1x-14.7%€5.8b
VNA Vonovia
3.8x-15.9%€23.5b
AT1 Aroundtown
2x2.4%€3.0b
HLH Hongkong Land Holdings
4.4x-1.4%€9.5b


Price to Sales Ratio vs Industry

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

7 CompaniesPrice / SalesEstimated GrowthMarket Cap
DMRE DEMIRE Deutsche Mittelstand Real Estate
0.4x-42.0%US$80.65m
ADJ Adler Group
0.1xn/aUS$45.46m
NUVA Noratis
0.3x6.1%US$15.30m
A4Y ACCENTRO Real Estate
0.1x4.4%US$8.10m
HLH 4.3xIndustry Avg. 3.2xNo. of Companies7PS02.44.87.29.612+
7 CompaniesEstimated GrowthMarket Cap
No more companies


Price to Sales Ratio vs Fair Ratio

What is HLH'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.

HLH PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio4.3x
Fair PS Ratio2x


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Price Target
Consensus Narrative from 13 Analysts
€4.58
Fair Value
10.1% undervalued intrinsic discount
13
Number of Analysts


Discover undervalued companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/20 20:44
End of Day Share Price 2025/01/17 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Hongkong Land Holdings Limited is covered by 32 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kwok Yi LouieBarclays
Andrew LawrenceBarclays
C WongBNP Paribas Securities (Asia)