Shanghai XNG Holdings Valuation

Q: What is the Fair Price of 3666 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

3666 (HK$0.02) is trading below our estimate of [[fair value]] (HK$0.05)

Is 3666 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

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 3666 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 3666 (HK$0.02) is trading below our estimate of fair value (HK$0.05)

Significantly Below Fair Value: 3666 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 3666?

Key metric: As 3666 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 3666. This is calculated by dividing 3666's market cap by their current revenue.
What is 3666's PS Ratio?
PS Ratio	0.1x
Sales	CN¥390.65m
Market Cap	CN¥49.33m

3666 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	0.4x
Enterprise Value/EBITDA	-4.6x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 3666's PS Ratio compare to its peers?

The above table shows the PS ratio for 3666 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	0.5x
1703 Welife Technology	0.2x	n/a	HK$55.2m
657 G-Vision International (Holdings)	0.8x	n/a	HK$40.9m
8120 China Demeter Financial Investments	0.3x	n/a	HK$47.9m
8232 Classified Group (Holdings)	0.6x	n/a	HK$22.3m
3666 Shanghai XNG Holdings	0.1x	n/a	HK$53.0m

Price-To-Sales vs Peers: 3666 is good value based on its Price-To-Sales Ratio (0.1x) compared to the peer average (0.4x).

Price to Sales Ratio vs Industry

How does 3666's PS Ratio compare vs other companies in the HK Hospitality Industry?

4 Companies	Price / Sales	Estimated Growth	Market Cap
Industry Avg.	0.7x	12.3%
3666 Shanghai XNG Holdings	0.1x	n/a	US$6.81m
1443 Fulum Group Holdings	0.1x	n/a	US$22.71m
1901 Feiyang International Holdings Group	0.1x	n/a	US$7.70m

4 Companies		Estimated Growth	Market Cap
Industry Avg.	0.7x	27.6%
3666 Shanghai XNG Holdings	0.1x	n/a	US$6.81m

No more companies

Price-To-Sales vs Industry: 3666 is good value based on its Price-To-Sales Ratio (0.1x) compared to the Hong Kong Hospitality industry average (0.7x).

Price to Sales Ratio vs Fair Ratio

What is 3666'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.

3666 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.1x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 3666'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.