Regina Miracle International (Holdings) Valuation

Q: What is the Fair Price of 2199 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

2199 (HK$2.23) is trading above our estimate of [[fair value]] (HK$2.16)

Is 2199 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-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 2199 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 2199 (HK$2.23) is trading above our estimate of fair value (HK$2.16)

Significantly Below Fair Value: 2199 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 2199?

Key metric: As 2199 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 2199. This is calculated by dividing 2199's market cap by their current earnings.
What is 2199's PE Ratio?
PE Ratio	19.1x
Earnings	HK$143.18m
Market Cap	HK$2.73b

2199 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	0.9x
Enterprise Value/EBITDA	5.9x
PEG Ratio	0.5x

Price to Earnings Ratio vs Peers

How does 2199's PE Ratio compare to its peers?

The above table shows the PE ratio for 2199 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	37.9x
2368 Eagle Nice (International) Holdings	10.2x	n/a	HK$2.2b
256 Citychamp Watch & Jewellery Group	128.4x	n/a	HK$4.1b
1982 Nameson Holdings	5x	n/a	HK$1.8b
1234 China Lilang	7.9x	11.3%	HK$4.6b
2199 Regina Miracle International (Holdings)	19.1x	37.8%	HK$2.7b

Price-To-Earnings vs Peers: 2199 is good value based on its Price-To-Earnings Ratio (19.1x) compared to the peer average (37.9x).

Price to Earnings Ratio vs Industry

How does 2199's PE Ratio compare vs other companies in the HK Luxury Industry?

1 Company	Price / Earnings	Estimated Growth	Market Cap
8211 Zhejiang Yongan Rongtong Holdings	1x	n/a	US$5.47m

No more companies available in this PE range

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 2199 is expensive based on its Price-To-Earnings Ratio (19.1x) compared to the Hong Kong Luxury industry average (8.4x).

Price to Earnings Ratio vs Fair Ratio

What is 2199'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.

2199 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	19.1x
Fair PE Ratio	14.2x

Price-To-Earnings vs Fair Ratio: 2199 is expensive based on its Price-To-Earnings Ratio (19.1x) compared to the estimated Fair Price-To-Earnings Ratio (14.2x).

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.