DPC Dash Ltd

SHSC:1405 Stock Report

Market Cap: HK$13.1b

DPC Dash Valuation

Is 1405 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • 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 1405 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
HK$120.03
Fair Value
16.5% undervalued intrinsic discount
8
Number of Analysts

Below Fair Value: 1405 (HK$100.2) is trading below our estimate of fair value (HK$120.03)

Significantly Below Fair Value: 1405 is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 1405?

Key metric: As 1405 is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 1405. This is calculated by dividing 1405's market cap by their current revenue.
What is 1405's PS Ratio?
PS Ratio2.9x
SalesCN¥4.31b
Market CapCN¥12.30b

Price to Sales Ratio vs Peers

How does 1405's PS Ratio compare to its peers?

The above table shows the PS ratio for 1405 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1.7x
9658 Super Hi International Holding
1.8x12.8%HK$10.8b
999 Xiaocaiyuan International Holding
1.9x18.0%HK$10.4b
2555 Sichuan Baicha Baidao Industrial
2.5x9.4%HK$13.0b
9922 Jiumaojiu International Holdings
0.5x7.0%HK$3.5b
1405 DPC Dash
2.9x21.9%HK$13.1b

Price-To-Sales vs Peers: 1405 is expensive based on its Price-To-Sales Ratio (2.9x) compared to the peer average (1.7x).

Price to Sales Ratio vs Industry

How does 1405's PS Ratio compare vs other companies in the HK Hospitality Industry?

21 CompaniesPrice / SalesEstimated GrowthMarket Cap
200 Melco International Development
0.1x2.7%US$632.08m
520 Xiabuxiabu Catering Management (China) Holdings
0.2x5.0%US$104.78m
617 Paliburg Holdings
0.2xn/aUS$56.09m
573 Tao Heung Holdings
0.1xn/aUS$41.88m
1405 2.9xIndustry Avg. 0.6xNo. of Companies21PS00.81.62.43.24+
21 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 1405 is expensive based on its Price-To-Sales Ratio (2.9x) compared to the Hong Kong Hospitality industry average (0.6x).

Price to Sales Ratio vs Fair Ratio

What is 1405'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.

1405 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio2.9x
Fair PS Ratio2.1x

Price-To-Sales vs Fair Ratio: 1405 is expensive based on its Price-To-Sales Ratio (2.9x) compared to the estimated Fair Price-To-Sales Ratio (2.1x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 1405 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentHK$100.20
HK$121.58
+21.3%
7.6%HK$138.43HK$111.19n/a8
Apr ’26HK$99.55
HK$122.11
+22.7%
7.6%HK$138.79HK$111.81n/a8
Mar ’26HK$99.35
HK$84.37
-15.1%
18.5%HK$125.00HK$70.49n/a9
Feb ’26HK$79.30
HK$79.81
+0.6%
8.2%HK$92.43HK$70.95n/a8
Jan ’26HK$78.00
HK$77.05
-1.2%
3.3%HK$80.99HK$72.04n/a8
Dec ’25HK$77.95
HK$77.05
-1.2%
3.3%HK$80.99HK$72.04n/a8
Nov ’25HK$63.55
HK$77.05
+21.2%
3.3%HK$80.99HK$72.04n/a8
Oct ’25HK$78.40
HK$77.00
-1.8%
3.5%HK$80.93HK$72.36n/a8
Sep ’25n/a
HK$75.81
0%
6.2%HK$81.19HK$65.49n/a8
Aug ’25n/a
HK$73.16
0%
6.5%HK$79.98HK$64.44n/a8
Jul ’25n/a
HK$71.50
0%
5.8%HK$79.40HK$63.98n/a9
Jun ’25n/a
HK$71.51
0%
6.0%HK$79.84HK$64.19n/a8
May ’25n/a
HK$73.58
0%
9.5%HK$89.78HK$64.26HK$98.559
Apr ’25n/a
HK$73.41
0%
9.4%HK$89.96HK$64.08HK$99.559
Mar ’25HK$59.20
HK$74.27
+25.5%
9.0%HK$90.23HK$64.28HK$99.359
Feb ’25HK$55.00
HK$75.96
+38.1%
9.1%HK$90.70HK$70.25HK$79.306
Jan ’25HK$61.95
HK$78.19
+26.2%
9.4%HK$90.57HK$71.14HK$78.004
Dec ’24HK$61.95
HK$78.05
+26.0%
9.4%HK$90.42HK$71.02HK$77.954
Nov ’24HK$66.20
HK$79.11
+19.5%
12.2%HK$88.75HK$69.46HK$63.552
AnalystConsensusTarget
Consensus Narrative from 8 Analysts
HK$121.58
Fair Value
17.6% undervalued intrinsic discount
8
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/02 18:01
End of Day Share Price 2025/05/02 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

DPC Dash Ltd is covered by 18 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Lucy YuBofA Global Research
Ningfei LiuChina International Capital Corporation Limited
Sijie LinChina International Capital Corporation Limited