Howkingtech International Holding Limited

SEHK:2440 Stock Report

Market Cap: HK$192.9m

Howkingtech International Holding Valuation

Is 2440 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 2440 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 2440's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 2440's fair value for valuation analysis.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 2440?

Key metric: As 2440 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 2440. This is calculated by dividing 2440's market cap by their current revenue.
What is 2440's PS Ratio?
PS Ratio0.6x
SalesCN¥294.86m
Market CapCN¥179.46m

Price to Sales Ratio vs Peers

How does 2440's PS Ratio compare to its peers?

The above table shows the PS ratio for 2440 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average2.9x
6113 UTS Marketing Solutions Holdings
1.7xn/aHK$288.0m
536 Tradelink Electronic Commerce
2.7xn/aHK$723.1m
1463 C-Link Squared
6.7xn/aHK$1.2b
1486 C Cheng Holdings
0.3xn/aHK$115.3m
2440 Howkingtech International Holding
0.6xn/aHK$192.9m

Price-To-Sales vs Peers: 2440 is good value based on its Price-To-Sales Ratio (0.6x) compared to the peer average (2.9x).


Price to Sales Ratio vs Industry

How does 2440's PS Ratio compare vs other companies in the Asian Professional Services Industry?

42 CompaniesPrice / SalesEstimated GrowthMarket Cap
2440 0.6xIndustry Avg. 1.4xNo. of Companies64PS01.63.24.86.48+
42 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 2440 is good value based on its Price-To-Sales Ratio (0.6x) compared to the Asian Professional Services industry average (1.4x).


Price to Sales Ratio vs Fair Ratio

What is 2440'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.

2440 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.6x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 2440'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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