New Concepts Holdings Limited

SEHK:2221 Stock Report

Market Cap: HK$128.5m

New Concepts Holdings Valuation

Is 2221 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 2221 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 2221's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 2221's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 2221?

Key metric: As 2221 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 2221. This is calculated by dividing 2221's market cap by their current revenue.
What is 2221's PS Ratio?
PS Ratio0.2x
SalesHK$683.43m
Market CapHK$128.49m

Price to Sales Ratio vs Peers

How does 2221's PS Ratio compare to its peers?

The above table shows the PS ratio for 2221 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average0.9x
1793 Wecon Holdings
0.1xn/aHK$127.2m
1987 Beng Soon Machinery Holdings
0.7xn/aHK$140.0m
1751 Kingland Group Holdings
0.8xn/aHK$98.0m
1592 Anchorstone Holdings
1.8xn/aHK$120.6m
2221 New Concepts Holdings
0.2xn/aHK$128.5m

Price-To-Sales vs Peers: 2221 is good value based on its Price-To-Sales Ratio (0.2x) compared to the peer average (0.9x).

Price to Sales Ratio vs Industry

How does 2221's PS Ratio compare vs other companies in the HK Construction Industry?

35 CompaniesPrice / SalesEstimated GrowthMarket Cap
3996 China Energy Engineering
0.09xn/aUS$11.61b
1618 Metallurgical Corporation of China
0.05x6.9%US$8.80b
2355 Baoye Group
0.08xn/aUS$287.58m
240 Build King Holdings
0.09xn/aUS$154.74m
2221 0.2xIndustry Avg. 0.3xNo. of Companies35PS00.40.81.21.62+
35 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 2221 is good value based on its Price-To-Sales Ratio (0.2x) compared to the Hong Kong Construction industry average (0.3x).

Price to Sales Ratio vs Fair Ratio

What is 2221'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.

2221 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.2x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 2221'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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