CT Vision S.L. (International) Holdings Valuation

Q: What is the Fair Price of 994 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

994 (HK$0.16) is trading above our estimate of [[fair value]] (HK$0.01)

Is 994 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

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

Below Fair Value: 994 (HK$0.16) is trading above our estimate of fair value (HK$0.01)

Significantly Below Fair Value: 994 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 994?

Key metric: As 994 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 994. This is calculated by dividing 994's market cap by their current revenue.
What is 994's PS Ratio?
PS Ratio	0.4x
Sales	HK$334.12m
Market Cap	HK$147.55m

994 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	0.02x
Enterprise Value/EBITDA	-0.2x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 994's PS Ratio compare to its peers?

The above table shows the PS ratio for 994 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	0.6x
1987 Beng Soon Machinery Holdings	0.7x	n/a	HK$140.0m
1420 Chuan Holdings	0.2x	n/a	HK$165.5m
8040 Coolpoint Innonism Holding	0.4x	n/a	HK$139.4m
8023 Kwong Man Kee Group	1.1x	n/a	HK$167.3m
994 CT Vision S.L. (International) Holdings	0.4x	n/a	HK$147.6m

Price-To-Sales vs Peers: 994 is good value based on its Price-To-Sales Ratio (0.4x) compared to the peer average (0.6x).

Price to Sales Ratio vs Industry

How does 994'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$11.64b
1618 Metallurgical Corporation of China	0.05x	6.9%	US$8.84b
2355 Baoye Group	0.08x	n/a	US$290.30m
240 Build King Holdings	0.09x	n/a	US$151.58m

37 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: 994 is expensive based on its Price-To-Sales Ratio (0.4x) compared to the Hong Kong Construction industry average (0.3x).

Price to Sales Ratio vs Fair Ratio

What is 994'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.

994 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.4x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 994'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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