Haichang Ocean Park Holdings Valuation

Is 2255 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 2255 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 2255's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 2255's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 2255?

Key metric: As 2255 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 2255. This is calculated by dividing 2255's market cap by their current revenue.
What is 2255's PS Ratio?
PS Ratio	1.8x
Sales	CN¥1.87b
Market Cap	CN¥3.43b

2255 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	4.4x
Enterprise Value/EBITDA	33.6x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 2255's PS Ratio compare to its peers?

The above table shows the PS ratio for 2255 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	1.7x
419 Hony Media Group	0.9x	n/a	HK$1.1b
9869 Helens International Holdings	3.1x	20.9%	HK$3.2b
341 Café de Coral Holdings	0.5x	4.4%	HK$4.3b
1803 Beijing Sports and Entertainment Industry Group	2.2x	n/a	HK$157.7m
2255 Haichang Ocean Park Holdings	1.8x	21.4%	HK$3.7b

Price-To-Sales vs Peers: 2255 is expensive based on its Price-To-Sales Ratio (1.8x) compared to the peer average (1.7x).

Price to Sales Ratio vs Industry

How does 2255's PS Ratio compare vs other companies in the HK Hospitality Industry?

14 Companies	Price / Sales	Estimated Growth	Market Cap
520 Xiabuxiabu Catering Management (China) Holdings	0.2x	10.0%	US$136.25m
6811 Tai Hing Group Holdings	0.2x	4.9%	US$82.63m
573 Tao Heung Holdings	0.2x	n/a	US$61.22m
6882 EGL Holdings	0.2x	n/a	US$39.36m

14 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: 2255 is expensive based on its Price-To-Sales Ratio (1.8x) compared to the Hong Kong Hospitality industry average (0.7x).

Price to Sales Ratio vs Fair Ratio

What is 2255'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.

2255 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	1.8x
Fair PS Ratio	1.1x

Price-To-Sales vs Fair Ratio: 2255 is expensive based on its Price-To-Sales Ratio (1.8x) compared to the estimated Fair Price-To-Sales Ratio (1.1x).

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.