Kin Pang Holdings Valuation

Is 1722 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

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 1722 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 1722 (HK$0.05) is trading below our estimate of fair value (HK$0.31)

Significantly Below Fair Value: 1722 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 1722?

Key metric: As 1722 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 1722. This is calculated by dividing 1722's market cap by their current revenue.
What is 1722's PS Ratio?
PS Ratio	0.08x
Sales	MO$708.22m
Market Cap	MO$60.05m

1722 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	0.2x
Enterprise Value/EBITDA	-15.3x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 1722's PS Ratio compare to its peers?

The above table shows the PS ratio for 1722 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	0.6x
9938 Wah Wo Holdings Group	0.4x	n/a	HK$95.0m
1500 In Construction Holdings	0.2x	n/a	HK$65.6m
8321 Tai Kam Holdings	1.6x	n/a	HK$61.6m
1826 FDB Holdings	0.1x	n/a	HK$58.6m
1722 Kin Pang Holdings	0.08x	n/a	HK$58.3m

Price-To-Sales vs Peers: 1722 is good value based on its Price-To-Sales Ratio (0.1x) compared to the peer average (0.6x).

Price to Sales Ratio vs Industry

How does 1722's PS Ratio compare vs other companies in the HK Construction Industry?

35 Companies	Price / Sales	Estimated Growth	Market Cap
Industry Avg.	0.3x	7.3%
1722 Kin Pang Holdings	0.08x	n/a	US$7.49m
3996 China Energy Engineering	0.09x	n/a	US$11.92b
1618 Metallurgical Corporation of China	0.05x	6.9%	US$9.10b

35 Companies		Estimated Growth	Market Cap
Industry Avg.	0.3x	13.4%
1722 Kin Pang Holdings	0.08x	n/a	US$7.49m

No more companies

Price-To-Sales vs Industry: 1722 is good value based on its Price-To-Sales Ratio (0.1x) compared to the Hong Kong Construction industry average (0.3x).

Price to Sales Ratio vs Fair Ratio

What is 1722'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.

1722 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.08x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 1722'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$42.1b

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$60.70

2.5%

5.7%

CITIC

HK$262.1b

Operates in financial services, advanced intelligent manufacturing, advanced materials, consumption, urbanization, resources and energy, and engineering contracting businesses worldwide.

267

HK$8.68

-0.6%

17.0%

Shanghai Electric Group

HK$146.7b

Provides industrial-grade eco-friendly smart system solutions in Mainland China and internationally.

2727

HK$3.11

3.0%

77.7%