OKG Technology Holdings Valuation

Q: What is the Fair Price of 1499 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

1499 (HK$0.23) is trading below our estimate of [[fair value]] (HK$0.7)

Is 1499 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 1499 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 1499 (HK$0.23) is trading below our estimate of fair value (HK$0.7)

Significantly Below Fair Value: 1499 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 1499?

Key metric: As 1499 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 1499. This is calculated by dividing 1499's market cap by their current revenue.
What is 1499's PS Ratio?
PS Ratio	3x
Sales	HK$409.51m
Market Cap	HK$1.22b

1499 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	3.5x
Enterprise Value/EBITDA	-46.4x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 1499's PS Ratio compare to its peers?

The above table shows the PS ratio for 1499 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	1x
8053 Pizu Group Holdings	0.8x	n/a	HK$1.3b
2153 Tat Hong Equipment Service	2.1x	n/a	HK$1.5b
1727 Hebei Construction Group	0.03x	n/a	HK$1.1b
1662 Yee Hop Holdings	1.2x	n/a	HK$1.4b
1499 OKG Technology Holdings	3x	n/a	HK$1.2b

Price-To-Sales vs Peers: 1499 is expensive based on its Price-To-Sales Ratio (3x) compared to the peer average (1x).

Price to Sales Ratio vs Industry

How does 1499's PS Ratio compare vs other companies in the HK Construction Industry?

37 Companies	Price / Sales	Estimated Growth	Market Cap
3996 China Energy Engineering	0.09x	n/a	US$11.58b
1618 Metallurgical Corporation of China	0.05x	6.9%	US$8.80b
2355 Baoye Group	0.08x	n/a	US$291.02m
240 Build King Holdings	0.09x	n/a	US$154.79m

37 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: 1499 is expensive based on its Price-To-Sales Ratio (3x) compared to the Hong Kong Construction industry average (0.3x).

Price to Sales Ratio vs Fair Ratio

What is 1499'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.

1499 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	3x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 1499'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.

Discover undervalued companies

BOC Aviation

HK$41.8b

Operates as an aircraft operating leasing company in Mainland China, Hong Kong, Macau, Taiwan, rest of the Asia Pacific, the Americas, Europe, the Middle East, and Africa.

2588

HK$60.20

-0.8%

7.1%

Greentown Management Holdings

HK$5.9b

An investment holding company, provides project management services in the People’s Republic of China.

9979

HK$2.93

-2.7%

-48.4%

Zhengzhou Coal Mining Machinery Group

CN¥21.0b

Manufactures and sells coal mining and excavating equipment in the People’s Republic of China.

564

CN¥9.48

-5.1%

24.4%