Time Interconnect Technology Valuation

Q: What is the Fair Price of 1729 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

1729 (HK$4.69) is trading below our estimate of [[fair value]] (HK$78.68)

Is 1729 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

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 1729 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 1729 (HK$4.69) is trading below our estimate of fair value (HK$78.68)

Significantly Below Fair Value: 1729 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 1729?

Key metric: As 1729 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 1729. This is calculated by dividing 1729's market cap by their current earnings.
What is 1729's PE Ratio?
PE Ratio	21.7x
Earnings	HK$421.01m
Market Cap	HK$9.14b

1729 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	1.6x
Enterprise Value/EBITDA	16x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does 1729's PE Ratio compare to its peers?

The above table shows the PE ratio for 1729 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	15.1x
842 Leoch International Technology	3.7x	n/a	HK$2.2b
2551 APT Electronics	28.2x	n/a	HK$2.0b
580 Sun.King Technology Group	24.3x	n/a	HK$1.9b
1979 Ten Pao Group Holdings	4.3x	13.8%	HK$1.6b
1729 Time Interconnect Technology	21.7x	n/a	HK$9.1b

Price-To-Earnings vs Peers: 1729 is expensive based on its Price-To-Earnings Ratio (21.7x) compared to the peer average (15.1x).

Price to Earnings Ratio vs Industry

How does 1729's PE Ratio compare vs other companies in the Asian Electrical Industry?

23 Companies	Price / Earnings	Estimated Growth	Market Cap

23 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 1729 is good value based on its Price-To-Earnings Ratio (21.7x) compared to the Asian Electrical industry average (28.3x).

Price to Earnings Ratio vs Fair Ratio

What is 1729'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.

1729 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	21.7x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 1729'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.

Discover undervalued companies

Greentown Management Holdings

HK$6.1b

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

9979

HK$3.01

-1.6%

-52.7%

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%

Shanghai Electric Group

HK$146.5b

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

2727

HK$3.25

8.7%

85.7%