Lap Kei Engineering (Holdings) Limited

SEHK:1690 Stock Report

Market Cap: HK$106.9m

Lap Kei Engineering (Holdings) Valuation

Is 1690 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • 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 1690 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 1690 (HK$0.07) is trading above our estimate of fair value (HK$0.05)

Significantly Below Fair Value: 1690 is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 1690?

Key metric: As 1690 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 1690. This is calculated by dividing 1690's market cap by their current earnings.
What is 1690's PE Ratio?
PE Ratio18.7x
EarningsHK$5.72m
Market CapHK$106.92m

Price to Earnings Ratio vs Peers

How does 1690's PE Ratio compare to its peers?

The above table shows the PE ratio for 1690 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average16.4x
1751 Kingland Group Holdings
16.1xn/aHK$98.0m
2227 Solis Holdings
24.7xn/aHK$82.4m
1647 Grandshores Technology Group
9.1xn/aHK$115.9m
1987 Beng Soon Machinery Holdings
15.6xn/aHK$140.0m
1690 Lap Kei Engineering (Holdings)
18.7xn/aHK$109.8m

Price-To-Earnings vs Peers: 1690 is expensive based on its Price-To-Earnings Ratio (18.7x) compared to the peer average (16.4x).


Price to Earnings Ratio vs Industry

How does 1690's PE Ratio compare vs other companies in the HK Construction Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
385 Chinney Alliance Group
1.9xn/aUS$26.75m
8188 GME Group Holdings
1.5xn/aUS$22.05m
1591 Shun Wo Group Holdings
1.8xn/aUS$9.25m
8373 Indigo Star Holdings
1.5xn/aUS$3.19m
No more companies available in this PE range
1690 18.7xIndustry Avg. 9.5xNo. of Companies14PE0816243240+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 1690 is expensive based on its Price-To-Earnings Ratio (18.7x) compared to the Hong Kong Construction industry average (9.5x).


Price to Earnings Ratio vs Fair Ratio

What is 1690'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.

1690 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio18.7x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 1690's Price-To-Earnings 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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