Winson Holdings Hong Kong Valuation

Q: What is the Fair Price of 6812 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

6812 (HK$0.14) is trading below our estimate of [[fair value]] (HK$0.15)

Is 6812 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

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 6812 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 6812 (HK$0.14) is trading below our estimate of fair value (HK$0.15)

Significantly Below Fair Value: 6812 is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 6812?

Key metric: As 6812 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 6812. This is calculated by dividing 6812's market cap by their current revenue.
What is 6812's PS Ratio?
PS Ratio	0.2x
Sales	HK$479.45m
Market Cap	HK$84.60m

6812 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	n/a
Enterprise Value/EBITDA	n/a
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 6812's PS Ratio compare to its peers?

The above table shows the PS ratio for 6812 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	0.5x
1941 Ye Xing Group Holdings	0.2x	n/a	HK$76.2m
8472 Lapco Holdings	0.09x	n/a	HK$82.6m
309 Xinhua News Media Holdings	0.3x	n/a	HK$71.4m
8320 Allied Sustainability and Environmental Consultants Group	1.3x	n/a	HK$69.5m
6812 Winson Holdings Hong Kong	0.2x	n/a	HK$84.6m

Price-To-Sales vs Peers: 6812 is good value based on its Price-To-Sales Ratio (0.2x) compared to the peer average (0.5x).

Price to Sales Ratio vs Industry

How does 6812's PS Ratio compare vs other companies in the HK Commercial Services Industry?

8 Companies	Price / Sales	Estimated Growth	Market Cap
976 Chiho Environmental Group	0.06x	n/a	US$117.56m
8472 Lapco Holdings	0.09x	n/a	US$10.61m
1417 Riverine China Holdings	0.07x	n/a	US$9.42m
55 Neway Group Holdings	0.07x	n/a	US$5.37m

8 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: 6812 is good value based on its Price-To-Sales Ratio (0.2x) compared to the Hong Kong Commercial Services industry average (0.5x).

Price to Sales Ratio vs Fair Ratio

What is 6812'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.

6812 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.2x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 6812'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.