New Provenance Everlasting Holdings Valuation

Is 2326 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 2326 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 2326's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 2326's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 2326?

Key metric: As 2326 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 2326. This is calculated by dividing 2326's market cap by their current revenue.
What is 2326's PS Ratio?
PS Ratio	0.5x
Sales	HK$428.38m
Market Cap	HK$210.84m

2326 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	0.5x
Enterprise Value/EBITDA	-4.4x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 2326's PS Ratio compare to its peers?

The above table shows the PS ratio for 2326 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	0.4x
731 C&D Newin Paper & Pulp	0.2x	n/a	HK$325.4m
1102 Enviro Energy International Holdings	0.2x	n/a	HK$110.8m
936 Kaisa Capital Investment Holdings	1.1x	n/a	HK$243.8m
2280 HC Group	0.01x	n/a	HK$212.2m
2326 New Provenance Everlasting Holdings	0.5x	n/a	HK$210.8m

Price-To-Sales vs Peers: 2326 is expensive based on its Price-To-Sales Ratio (0.5x) compared to the peer average (0.4x).

Price to Sales Ratio vs Industry

How does 2326's PS Ratio compare vs other companies in the HK Trade Distributors Industry?

19 Companies	Price / Sales	Estimated Growth	Market Cap
9878 Huitongda Network	0.1x	10.2%	US$1.41b
990 Theme International Holdings	0.09x	n/a	US$692.25m
2098 Zall Smart Commerce Group	0.03x	n/a	US$501.78m
1733 E-Commodities Holdings	0.09x	n/a	US$484.99m

19 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: 2326 is expensive based on its Price-To-Sales Ratio (0.5x) compared to the Hong Kong Trade Distributors industry average (0.5x).

Price to Sales Ratio vs Fair Ratio

What is 2326'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.

2326 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.5x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 2326'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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