Chiho Environmental Group Valuation

Is 976 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 976 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 976's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 976's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 976?

Key metric: As 976 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 976. This is calculated by dividing 976's market cap by their current revenue.
What is 976's PS Ratio?
PS Ratio	0.06x
Sales	HK$16.51b
Market Cap	HK$947.04m

976 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	0.1x
Enterprise Value/EBITDA	5.9x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 976's PS Ratio compare to its peers?

The above table shows the PS ratio for 976 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	2.3x
1483 Net-a-Go Technology	3.9x	n/a	HK$818.9m
2265 Hongcheng Environmental Technology	4.7x	n/a	HK$830.0m
2377 China Boqi Environmental (Holding)	0.4x	n/a	HK$885.0m
154 Beijing Enterprises Environment Group	0.3x	n/a	HK$645.2m
976 Chiho Environmental Group	0.06x	n/a	HK$947.0m

Price-To-Sales vs Peers: 976 is good value based on its Price-To-Sales Ratio (0.1x) compared to the peer average (2.3x).

Price to Sales Ratio vs Industry

How does 976's PS Ratio compare vs other companies in the HK Commercial Services Industry?

8 Companies	Price / Sales	Estimated Growth	Market Cap
Industry Avg.	0.5x	5.8%
976 Chiho Environmental Group	0.06x	n/a	US$121.72m
8472 Lapco Holdings	0.09x	n/a	US$10.61m
1417 Riverine China Holdings	0.07x	n/a	US$9.42m

8 Companies		Estimated Growth	Market Cap
Industry Avg.	0.5x	-17.1%
976 Chiho Environmental Group	0.06x	n/a	US$121.72m

No more companies

Price-To-Sales vs Industry: 976 is good value based on its Price-To-Sales Ratio (0.1x) compared to the Hong Kong Commercial Services industry average (0.5x).

Price to Sales Ratio vs Fair Ratio

What is 976'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.

976 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.06x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 976'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.