Tat Hong Equipment Service Valuation

Is 2153 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-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 2153 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 2153's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 2153's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 2153?

Key metric: As 2153 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 2153. This is calculated by dividing 2153's market cap by their current revenue.
What is 2153's PS Ratio?
PS Ratio	2.1x
Sales	CN¥664.57m
Market Cap	CN¥1.37b

2153 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	3.8x
Enterprise Value/EBITDA	12.8x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 2153's PS Ratio compare to its peers?

The above table shows the PS ratio for 2153 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	2x
8053 Pizu Group Holdings	0.8x	n/a	HK$1.3b
1499 OKG Technology Holdings	3x	n/a	HK$1.2b
1662 Yee Hop Holdings	1.2x	n/a	HK$1.4b
2535 WK Group (Holdings)	3x	n/a	HK$1.2b
2153 Tat Hong Equipment Service	2.1x	n/a	HK$1.5b

Price-To-Sales vs Peers: 2153 is expensive based on its Price-To-Sales Ratio (2.1x) compared to the peer average (2x).

Price to Sales Ratio vs Industry

How does 2153'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: 2153 is expensive based on its Price-To-Sales Ratio (2.1x) compared to the Hong Kong Construction industry average (0.3x).

Price to Sales Ratio vs Fair Ratio

What is 2153'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.

2153 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	2.1x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 2153'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.

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