Best Food Holding Valuation

Is 1488 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

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 1488 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 1488 (HK$1.05) is trading above our estimate of fair value (HK$0.31)

Significantly Below Fair Value: 1488 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 1488?

Key metric: As 1488 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 1488. This is calculated by dividing 1488's market cap by their current revenue.
What is 1488's PS Ratio?
PS Ratio	2.7x
Sales	CN¥569.24m
Market Cap	CN¥1.54b

1488 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	4x
Enterprise Value/EBITDA	-112.1x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 1488's PS Ratio compare to its peers?

The above table shows the PS ratio for 1488 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	0.9x
520 Xiabuxiabu Catering Management (China) Holdings	0.2x	9.7%	HK$920.3m
538 Ajisen (China) Holdings	0.4x	n/a	HK$840.5m
9869 Helens International Holdings	2.8x	20.9%	HK$2.8b
2150 Nayuki Holdings	0.4x	14.5%	HK$2.4b
1488 Best Food Holding	2.7x	n/a	HK$1.7b

Price-To-Sales vs Peers: 1488 is expensive based on its Price-To-Sales Ratio (2.7x) compared to the peer average (0.9x).

Price to Sales Ratio vs Industry

How does 1488's PS Ratio compare vs other companies in the HK Hospitality Industry?

15 Companies	Price / Sales	Estimated Growth	Market Cap
520 Xiabuxiabu Catering Management (China) Holdings	0.2x	9.7%	US$118.22m
6811 Tai Hing Group Holdings	0.2x	4.9%	US$82.66m
573 Tao Heung Holdings	0.2x	n/a	US$56.68m
6882 EGL Holdings	0.2x	n/a	US$39.37m

15 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: 1488 is expensive based on its Price-To-Sales Ratio (2.7x) compared to the Hong Kong Hospitality industry average (0.7x).

Price to Sales Ratio vs Fair Ratio

What is 1488'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.

1488 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	2.7x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 1488'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.