Sa Sa International Holdings Limited

DB:SSW Stock Report

Market Cap: €215.8m

Sa Sa International Holdings Valuation

Is SSW 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-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Discounted Cash Flow
Simply Wall St
€0.05
Fair Value
28.1% overvalued intrinsic discount
3
Number of Analysts

Below Fair Value: SSW (€0.06) is trading above our estimate of fair value (€0.05)

Significantly Below Fair Value: SSW is trading above our estimate of fair value.


Key Valuation Metric

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

Key metric: As SSW is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for SSW. This is calculated by dividing SSW's market cap by their current earnings.
What is SSW's PE Ratio?
PE Ratio12.7x
EarningsHK$148.87m
Market CapHK$1.89b

Price to Earnings Ratio vs Peers

How does SSW's PE Ratio compare to its peers?

The above table shows the PE ratio for SSW vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average16.3x
DOU Douglas
9.3x17.3%€1.2b
FIE Fielmann Group
29.7x15.8%€4.6b
TPG Platform Group
6.5x0.04%€221.5m
CEC Ceconomy
19.8x42.0%€1.5b
SSW Sa Sa International Holdings
12.7x0.8%€1.9b

Price-To-Earnings vs Peers: SSW is good value based on its Price-To-Earnings Ratio (12.7x) compared to the peer average (16.5x).


Price to Earnings Ratio vs Industry

How does SSW's PE Ratio compare vs other companies in the European Specialty Retail Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
SSW 12.7xIndustry Avg. 19.5xNo. of Companies13PE01224364860+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: SSW is good value based on its Price-To-Earnings Ratio (12.7x) compared to the European Specialty Retail industry average (19.6x).


Price to Earnings Ratio vs Fair Ratio

What is SSW's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SSW PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio12.7x
Fair PE Ratio9.4x

Price-To-Earnings vs Fair Ratio: SSW is expensive based on its Price-To-Earnings Ratio (12.7x) compared to the estimated Fair Price-To-Earnings Ratio (9.4x).


Analyst Price Targets

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

The above table shows the analyst SSW forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€0.064
€0.10
+58.1%
24.7%€0.13€0.072n/a3
Apr ’26€0.069
€0.11
+58.8%
21.2%€0.14€0.084n/a3
Mar ’26€0.071
€0.11
+58.7%
21.2%€0.15€0.088n/a3
Feb ’26€0.074
€0.11
+52.3%
21.2%€0.15€0.088n/a3
Jan ’26€0.076
€0.11
+49.3%
21.2%€0.15€0.088n/a3
Dec ’25€0.081
€0.11
+39.4%
21.2%€0.14€0.087n/a3
Nov ’25€0.071
€0.13
+80.8%
25.7%€0.18€0.10n/a3
Oct ’25€0.081
€0.14
+74.8%
23.7%€0.18€0.11n/a2
Sep ’25€0.069
€0.14
+106.7%
23.7%€0.18€0.11n/a2
Aug ’25€0.075
€0.14
+88.8%
23.7%€0.18€0.11n/a2
Jul ’25€0.088
€0.16
+77.9%
25.1%€0.21€0.11n/a4
Jun ’25€0.086
€0.19
+126.1%
20.2%€0.24€0.13n/a4
May ’25€0.086
€0.19
+126.1%
20.2%€0.24€0.13€0.0594
Apr ’25€0.088
€0.19
+120.9%
20.2%€0.24€0.13€0.0694
Mar ’25€0.10
€0.19
+85.5%
20.2%€0.23€0.13€0.0714
Feb ’25€0.088
€0.19
+119.2%
20.2%€0.23€0.13€0.0744
Jan ’25€0.11
€0.20
+88.8%
18.6%€0.23€0.13€0.0765
Dec ’24€0.12
€0.20
+72.5%
18.6%€0.23€0.13€0.0815
Nov ’24€0.11
€0.22
+93.6%
22.6%€0.29€0.15€0.0714
Oct ’24€0.12
€0.22
+90.2%
22.6%€0.29€0.15€0.0814
Sep ’24€0.13
€0.22
+77.4%
17.5%€0.28€0.18€0.0694
Aug ’24€0.16
€0.23
+46.5%
17.1%€0.28€0.18€0.0755
Jul ’24€0.16
€0.23
+43.8%
17.1%€0.28€0.18€0.0885
Jun ’24€0.15
€0.21
+35.8%
37.4%€0.30€0.11€0.0864
May ’24€0.21
€0.21
+0.2%
37.4%€0.30€0.11€0.0864
AnalystConsensusTarget
Consensus Narrative from 3 Analysts
€0.094
Fair Value
32.0% undervalued intrinsic discount
3
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.


Discover undervalued companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/05 16:52
End of Day Share Price 2025/05/05 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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.

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 Github.

Analyst Sources

Sa Sa International Holdings Limited is covered by 36 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Phoebe TseBarclays
Xiao XingBNP Paribas Securities (Asia)
Hay Mun NgBOCI Research Ltd.