Zhidao International (Holdings) Valuation

Is 1220 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

Below Fair Value
Significantly Below Fair Value
Price-To-Book vs Peers
Price-To-Book vs Industry
Price-To-Book vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 1220 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 1220's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 1220's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 1220?

Key metric: As 1220 is unprofitable and pre-revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for 1220. This is calculated by dividing 1220's market cap by their current book value.
What is 1220's PB Ratio?
PB Ratio	0.7x
Book	HK$199.77m
Market Cap	HK$148.50m

1220 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	-1.4x
Enterprise Value/EBITDA	-1.9x
PEG Ratio	n/a

Price to Book Ratio vs Peers

How does 1220's PB Ratio compare to its peers?

The above table shows the PB ratio for 1220 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PB	Estimated Growth	Market Cap
Peer Average	1.1x
1615 AB Builders Group	0.7x	n/a	HK$132.6m
1823 Huayu Expressway Group	0.2x	n/a	HK$175.4m
589 Jianzhong Construction Development	0.2x	n/a	HK$118.8m
1592 Anchorstone Holdings	3.5x	n/a	HK$94.1m
1220 Zhidao International (Holdings)	0.7x	n/a	HK$148.5m

Price-To-Book vs Peers: 1220 is good value based on its Price-To-Book Ratio (0.7x) compared to the peer average (1.1x).

Price to Book Ratio vs Industry

How does 1220's PB Ratio compare vs other companies in the HK Construction Industry?

9 Companies	Price / Book	Estimated Growth	Market Cap
1727 Hebei Construction Group	0.1x	n/a	US$126.85m
610 Wai Kee Holdings	0.08x	n/a	US$74.46m
2163 Changsha Broad Homes Industrial Group	0.1x	n/a	US$52.68m
896 Hanison Construction Holdings	0.09x	n/a	US$41.40m

9 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Book vs Industry: 1220 is expensive based on its Price-To-Book Ratio (0.7x) compared to the Hong Kong Construction industry average (0.6x).

Price to Book Ratio vs Fair Ratio

What is 1220's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

1220 PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio	0.7x
Fair PB Ratio	n/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate 1220's Price-To-Book 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.