Tokyo Chuo Auction Holdings Valuation

Is 1939 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 1939 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 1939's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 1939's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 1939?

Key metric: As 1939 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 1939. This is calculated by dividing 1939's market cap by their current revenue.
What is 1939's PS Ratio?
PS Ratio	6x
Sales	HK$57.85m
Market Cap	HK$350.00m

1939 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	5.8x
Enterprise Value/EBITDA	-13.9x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 1939's PS Ratio compare to its peers?

The above table shows the PS ratio for 1939 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	3x
2700 Green International Holdings	5.3x	n/a	HK$264.0m
2262 Steve Leung Design Group	1.3x	n/a	HK$473.7m
922 Anxian Yuan China Holdings	1.2x	n/a	HK$344.3m
8360 AL Group	4.1x	n/a	HK$216.2m
1939 Tokyo Chuo Auction Holdings	6x	n/a	HK$350.0m

Price-To-Sales vs Peers: 1939 is expensive based on its Price-To-Sales Ratio (6x) compared to the peer average (3x).

Price to Sales Ratio vs Industry

How does 1939's PS Ratio compare vs other companies in the HK Consumer Services Industry?

7 Companies	Price / Sales	Estimated Growth	Market Cap
2138 EC Healthcare	0.2x	6.0%	US$108.13m
1739 Qeeka Home (Cayman)	0.2x	n/a	US$27.86m
1598 China 21st Century Education Group	0.2x	n/a	US$16.13m
8181 Shi Shi Services	0.2x	n/a	US$14.22m

7 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: 1939 is expensive based on its Price-To-Sales Ratio (6x) compared to the Hong Kong Consumer Services industry average (1.1x).

Price to Sales Ratio vs Fair Ratio

What is 1939'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.

1939 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	6x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 1939'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.