Yonghe Medical Group Valuation

Is 2279 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 2279 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 2279's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 2279's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 2279?

Key metric: As 2279 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 2279. This is calculated by dividing 2279's market cap by their current revenue.
What is 2279's PS Ratio?
PS Ratio	0.2x
Sales	CN¥1.85b
Market Cap	CN¥349.35m

2279 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	-4.5x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 2279's PS Ratio compare to its peers?

The above table shows the PS ratio for 2279 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	1x
722 UMP Healthcare Holdings	0.4x	n/a	HK$335.8m
8405 Hang Chi Holdings	1.2x	n/a	HK$264.0m
2189 Kato (Hong Kong) Holdings	1.9x	n/a	HK$520.0m
1518 New Century Healthcare Holding	0.5x	n/a	HK$463.9m
2279 Yonghe Medical Group	0.2x	n/a	HK$375.2m

Price-To-Sales vs Peers: 2279 is good value based on its Price-To-Sales Ratio (0.2x) compared to the peer average (1x).

Price to Sales Ratio vs Industry

How does 2279's PS Ratio compare vs other companies in the HK Healthcare Industry?

11 Companies	Price / Sales	Estimated Growth	Market Cap
Industry Avg.	0.9x	10.4%
2279 Yonghe Medical Group	0.2x	n/a	US$48.20m
1099 Sinopharm Group	0.1x	5.8%	US$8.04b
9885 YSB	0.2x	n/a	US$505.49m

11 Companies		Estimated Growth	Market Cap
Industry Avg.	0.9x	18.5%
2279 Yonghe Medical Group	0.2x	n/a	US$48.20m

No more companies

Price-To-Sales vs Industry: 2279 is good value based on its Price-To-Sales Ratio (0.2x) compared to the Hong Kong Healthcare industry average (0.9x).

Price to Sales Ratio vs Fair Ratio

What is 2279'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.

2279 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.2x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 2279'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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