United Energy Group Limited

SZSC:467 Stock Report

Market Cap: HK$9.2b

United Energy Group Valuation

Is 467 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 467 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 467 (HK$0.36) is trading below our estimate of fair value (HK$1.37)

Significantly Below Fair Value: 467 is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 467?

Key metric: As 467 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 467. This is calculated by dividing 467's market cap by their current revenue.
What is 467's PS Ratio?
PS Ratio0.6x
SalesHK$15.80b
Market CapHK$9.18b

Price to Sales Ratio vs Peers

How does 467's PS Ratio compare to its peers?

The above table shows the PS ratio for 467 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average2.2x
228 China Energy Development Holdings
2.2xn/aHK$717.8m
353 Energy International Investments Holdings
3.3xn/aHK$529.5m
1164 CGN Mining
1.4x14.9%HK$12.2b
1277 Kinetic Development Group
1.8xn/aHK$11.0b
467 United Energy Group
0.6x6.1%HK$9.2b

Price-To-Sales vs Peers: 467 is good value based on its Price-To-Sales Ratio (0.6x) compared to the peer average (2.2x).


Price to Sales Ratio vs Industry

How does 467's PS Ratio compare vs other companies in the HK Oil and Gas Industry?

11 CompaniesPrice / SalesEstimated GrowthMarket Cap
386 China Petroleum & Chemical
0.2x1.0%US$103.60b
346 Yanchang Petroleum International
0.009xn/aUS$37.53m
1393 Hidili Industry International Development
0.1xn/aUS$36.76m
681 Chinese People Holdings
0.08xn/aUS$27.61m
467 0.6xIndustry Avg. 0.7xNo. of Companies11PS00.81.62.43.24+
11 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 467 is good value based on its Price-To-Sales Ratio (0.6x) compared to the Hong Kong Oil and Gas industry average (0.7x).


Price to Sales Ratio vs Fair Ratio

What is 467'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.

467 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.6x
Fair PS Ratio0.4x

Price-To-Sales vs Fair Ratio: 467 is expensive based on its Price-To-Sales Ratio (0.6x) compared to the estimated Fair Price-To-Sales Ratio (0.4x).


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 467 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentHK$0.35
HK$0.47
+31.0%
35.5%HK$0.63HK$0.30n/a2
Dec ’25HK$0.29
HK$0.47
+60.3%
35.5%HK$0.63HK$0.30n/a2
Nov ’25HK$0.33
HK$0.47
+40.9%
35.5%HK$0.63HK$0.30n/a2
Oct ’25HK$0.39
HK$0.47
+20.8%
35.5%HK$0.63HK$0.30n/a2
Sep ’25HK$0.43
HK$0.47
+6.9%
35.5%HK$0.63HK$0.30n/a2
Aug ’25HK$0.33
HK$0.47
+40.9%
35.5%HK$0.63HK$0.30n/a2
Jul ’25HK$0.30
HK$0.78
+154.6%
59.3%HK$1.40HK$0.30n/a3
Jun ’25HK$0.64
HK$1.18
+84.4%
18.6%HK$1.40HK$0.96n/a2
May ’25HK$0.56
HK$1.35
+141.1%
8.0%HK$1.45HK$1.20n/a3
Apr ’25HK$0.56
HK$1.35
+141.1%
8.0%HK$1.45HK$1.20n/a3
Mar ’25HK$0.49
HK$1.35
+175.5%
8.0%HK$1.45HK$1.20n/a3
Feb ’25HK$0.83
HK$1.35
+62.7%
8.0%HK$1.45HK$1.20n/a3
Jan ’25HK$0.85
HK$1.35
+58.8%
8.0%HK$1.45HK$1.20n/a3
Dec ’24HK$0.74
HK$1.35
+82.4%
8.0%HK$1.45HK$1.20HK$0.293
Nov ’24HK$1.24
HK$1.33
+6.9%
9.4%HK$1.45HK$1.20HK$0.332
Oct ’24HK$1.15
HK$1.40
+21.7%
14.3%HK$1.60HK$1.20HK$0.392
Sep ’24HK$1.04
HK$1.48
+41.8%
8.5%HK$1.60HK$1.35HK$0.432
Aug ’24HK$0.99
HK$1.48
+49.0%
8.5%HK$1.60HK$1.35HK$0.332
Jul ’24HK$0.76
HK$1.48
+94.1%
8.5%HK$1.60HK$1.35HK$0.302
Jun ’24HK$1.02
HK$1.48
+44.6%
8.5%HK$1.60HK$1.35HK$0.642
May ’24HK$1.18
HK$1.40
+18.6%
14.3%HK$1.60HK$1.20HK$0.562
Mar ’24HK$0.72
HK$1.49
+106.3%
19.2%HK$1.77HK$1.20HK$0.492
Feb ’24HK$0.78
HK$1.49
+90.4%
19.2%HK$1.77HK$1.20HK$0.832
Jan ’24HK$0.77
HK$1.49
+92.9%
19.2%HK$1.77HK$1.20HK$0.852
Dec ’23HK$0.71
HK$1.49
+109.2%
19.2%HK$1.77HK$1.20HK$0.742

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 03:01
End of Day Share Price 2024/12/24 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

United Energy Group Limited is covered by 6 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Helen LauCCB International Securities Limited
Jimmy WongCitigroup Inc
null nullCMB International Securities Limited