Persistence Resources Group Ltd

SEHK:2489 Stock Report

Market Cap: HK$1.9b

Persistence Resources Group Valuation

Is 2489 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-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 2489 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 2489 (HK$0.94) is trading below our estimate of fair value (HK$1.46)

Significantly Below Fair Value: 2489 is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 2489?

Key metric: As 2489 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 2489. This is calculated by dividing 2489's market cap by their current earnings.
What is 2489's PE Ratio?
PE Ratio18x
EarningsCN¥97.49m
Market CapCN¥1.73b

Price to Earnings Ratio vs Peers

How does 2489's PE Ratio compare to its peers?

The above table shows the PE ratio for 2489 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average12.2x
340 Tongguan Gold Group
15.7xn/aHK$2.0b
3330 Lingbao Gold Group
9.6xn/aHK$3.5b
8299 GT Gold Holdings
17.2xn/aHK$1.0b
1712 Dragon Mining
6.3xn/aHK$222.9m
2489 Persistence Resources Group
18xn/aHK$1.9b

Price-To-Earnings vs Peers: 2489 is expensive based on its Price-To-Earnings Ratio (18x) compared to the peer average (12.2x).


Price to Earnings Ratio vs Industry

How does 2489's PE Ratio compare vs other companies in the HK Metals and Mining Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
6890 KangLi International Holdings
1.7xn/aUS$30.02m
No more companies available in this PE range
2489 18.0xIndustry Avg. 9.9xNo. of Companies7PE01020304050+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 2489 is expensive based on its Price-To-Earnings Ratio (18x) compared to the Hong Kong Metals and Mining industry average (9.9x).


Price to Earnings Ratio vs Fair Ratio

What is 2489's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

2489 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio18x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 2489's Price-To-Earnings 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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