FSE Lifestyle Services Limited

SEHK:331 Stock Report

Market Cap: HK$2.5b

FSE Lifestyle Services Valuation

Is 331 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-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 331 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
HK$52.43
Fair Value
89.4% undervalued intrinsic discount
2
Number of Analysts

Below Fair Value: 331 (HK$5.56) is trading below our estimate of fair value (HK$52.43)

Significantly Below Fair Value: 331 is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 331?

Key metric: As 331 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 331. This is calculated by dividing 331's market cap by their current earnings.
What is 331's PE Ratio?
PE Ratio5.1x
EarningsHK$492.65m
Market CapHK$2.50b

Price to Earnings Ratio vs Peers

How does 331's PE Ratio compare to its peers?

The above table shows the PE ratio for 331 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average30.4x
9913 Chi Kan Holdings
97xn/aHK$2.4b
2355 Baoye Group
3.7xn/aHK$2.2b
2520 Shanxi Installation Group
17.6xn/aHK$3.0b
1599 Beijing Urban Construction Design & Development Group
3xn/aHK$2.2b
331 FSE Lifestyle Services
5.1x8.0%HK$2.5b

Price-To-Earnings vs Peers: 331 is good value based on its Price-To-Earnings Ratio (5.1x) compared to the peer average (30.4x).


Price to Earnings Ratio vs Industry

How does 331's PE Ratio compare vs other companies in the HK Construction Industry?

5 CompaniesPrice / EarningsEstimated GrowthMarket Cap
385 Chinney Alliance Group
1.9xn/aUS$26.74m
8188 GME Group Holdings
1.8xn/aUS$26.63m
2515 Tianjin Construction Development Group
2.3xn/aUS$10.53m
1315 Green Economy Development
2.1xn/aUS$8.71m
331 5.1xIndustry Avg. 10.4xNo. of Companies17PE01020304050+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 331 is good value based on its Price-To-Earnings Ratio (5.1x) compared to the Hong Kong Construction industry average (10.4x).


Price to Earnings Ratio vs Fair Ratio

What is 331'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.

331 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio5.1x
Fair PE Ratio4.4x

Price-To-Earnings vs Fair Ratio: 331 is expensive based on its Price-To-Earnings Ratio (5.1x) compared to the estimated Fair Price-To-Earnings Ratio (4.4x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 331 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentHK$5.56
HK$7.29
+31.1%
17.7%HK$8.58HK$6.00n/a2
Jan ’26HK$5.60
HK$7.29
+30.2%
17.7%HK$8.58HK$6.00n/a2
Jun ’25HK$5.65
HK$7.40
+30.9%
12.8%HK$8.34HK$6.45n/a2
May ’25HK$5.43
HK$7.40
+36.2%
12.8%HK$8.34HK$6.45n/a2
Apr ’25HK$5.45
HK$7.40
+35.7%
12.8%HK$8.34HK$6.45n/a2
Mar ’25HK$5.67
HK$7.40
+30.4%
12.8%HK$8.34HK$6.45n/a2
Feb ’25HK$5.42
HK$7.40
+36.4%
12.8%HK$8.34HK$6.45n/a2
Analyst Price Target
Consensus Narrative from 2 Analysts
HK$7.29
Fair Value
23.7% undervalued intrinsic discount
2
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.


Discover undervalued companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/10 18:48
End of Day Share Price 2025/01/10 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

FSE Lifestyle Services Limited is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ho Yin LiPhillip Securities (HK)
Tsz Wang PoonQuam Securities Limited