Palasino Holdings Valuation

Is 2536 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 2536 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 2536 (HK$4.15) is trading above our estimate of fair value (HK$0.14)

Significantly Below Fair Value: 2536 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 2536?

Key metric: As 2536 is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 2536. This is calculated by dividing 2536's market cap by their current revenue.
What is 2536's PS Ratio?
PS Ratio	5.9x
Sales	HK$564.34m
Market Cap	HK$3.35b

2536 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	5.6x
Enterprise Value/EBITDA	44.6x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 2536's PS Ratio compare to its peers?

The above table shows the PS ratio for 2536 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	1.3x
200 Melco International Development	0.2x	7.1%	HK$6.9b
6889 DYNAM JAPAN HOLDINGS	0.3x	n/a	HK$2.2b
1180 Paradise Entertainment	1.3x	3.3%	HK$1.1b
3918 NagaCorp	3.2x	10.5%	HK$13.3b
2536 Palasino Holdings	5.9x	n/a	HK$3.3b

Price-To-Sales vs Peers: 2536 is expensive based on its Price-To-Sales Ratio (5.9x) compared to the peer average (1.3x).

Price to Sales Ratio vs Industry

How does 2536's PS Ratio compare vs other companies in the HK Hospitality Industry?

4 Companies	Price / Sales	Estimated Growth	Market Cap
1443 Fulum Group Holdings	0.1x	n/a	US$22.72m
1901 Feiyang International Holdings Group	0.1x	n/a	US$7.38m
3666 Shanghai XNG Holdings	0.1x	n/a	US$6.81m
8069 Flydoo Technology Holding	0.07x	n/a	US$3.59m

No more companies available in this PS range

4 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: 2536 is expensive based on its Price-To-Sales Ratio (5.9x) compared to the Hong Kong Hospitality industry average (0.7x).

Price to Sales Ratio vs Fair Ratio

What is 2536'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.

2536 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	5.9x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 2536'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.