DeTai New Energy Group Limited

SEHK:2993 Stock Report

Market Cap: HK$96.3m

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DeTai New Energy Group Valuation

Is 2993 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 2993 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 2993's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 2993's fair value for valuation analysis.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 2993?

Key metric: As 2993 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 2993. This is calculated by dividing 2993's market cap by their current revenue.
What is 2993's PS Ratio?
PS Ratio3.1x
SalesHK$31.27m
Market CapHK$96.27m

Price to Sales Ratio vs Peers

How does 2993's PS Ratio compare to its peers?

The above table shows the PS ratio for 2993 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average2x
1355 Legend Strategy International Holdings Group
1.7xn/aHK$93.1m
8237 Link Holdings
1.5xn/aHK$87.9m
181 Fujian Holdings
2.9xn/aHK$91.6m
234 New Century Group Hong Kong
1.9xn/aHK$167.6m
2993 DeTai New Energy Group
3.1xn/aHK$96.3m

Price-To-Sales vs Peers: 2993 is expensive based on its Price-To-Sales Ratio (3.1x) compared to the peer average (2.1x).


Price to Sales Ratio vs Industry

How does 2993's PS Ratio compare vs other companies in the HK Hospitality Industry?

15 CompaniesPrice / SalesEstimated GrowthMarket Cap
520 Xiabuxiabu Catering Management (China) Holdings
0.2x9.7%US$118.26m
6811 Tai Hing Group Holdings
0.2x4.9%US$82.68m
573 Tao Heung Holdings
0.2xn/aUS$59.31m
6882 EGL Holdings
0.2xn/aUS$38.74m
2993 3.1xIndustry Avg. 0.7xNo. of Companies19PS00.81.62.43.24+
15 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 2993 is expensive based on its Price-To-Sales Ratio (3.1x) compared to the Hong Kong Hospitality industry average (0.7x).


Price to Sales Ratio vs Fair Ratio

What is 2993'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.

2993 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio3.1x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 2993'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.


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