Be Friends Holding Limited

SEHK:1450 Stock Report

Market Cap: HK$1.3b

Be Friends Holding Valuation

Is 1450 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • 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 1450 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 1450 (HK$0.92) is trading below our estimate of fair value (HK$5.54)

Significantly Below Fair Value: 1450 is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 1450?

Key metric: As 1450 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 1450. This is calculated by dividing 1450's market cap by their current earnings.
What is 1450's PE Ratio?
PE Ratio7.4x
EarningsCN¥160.36m
Market CapCN¥1.19b

Price to Earnings Ratio vs Peers

How does 1450's PE Ratio compare to its peers?

The above table shows the PE ratio for 1450 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average19.5x
752 Pico Far East Holdings
6.8xn/aHK$2.2b
2405 Powerwin Tech Group
46.2xn/aHK$2.0b
2540 Lesi Group
11.6xn/aHK$800.0m
18 Oriental Enterprise Holdings
13.5xn/aHK$935.2m
1450 Be Friends Holding
7.4x30.5%HK$1.3b

Price-To-Earnings vs Peers: 1450 is good value based on its Price-To-Earnings Ratio (7.4x) compared to the peer average (19.5x).


Price to Earnings Ratio vs Industry

How does 1450's PE Ratio compare vs other companies in the HK Media Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
1450 7.4xIndustry Avg. 10.2xNo. of Companies4PE0612182430+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 1450 is good value based on its Price-To-Earnings Ratio (7.4x) compared to the Hong Kong Media industry average (10.2x).


Price to Earnings Ratio vs Fair Ratio

What is 1450'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.

1450 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio7.4x
Fair PE Ratio14x

Price-To-Earnings vs Fair Ratio: 1450 is good value based on its Price-To-Earnings Ratio (7.4x) compared to the estimated Fair Price-To-Earnings Ratio (14x).


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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