TOM Group Valuation

Is 2383 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

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 2383 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 2383's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 2383's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 2383?

Key metric: As 2383 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 2383. This is calculated by dividing 2383's market cap by their current revenue.
What is 2383's PS Ratio?
PS Ratio	2.6x
Sales	HK$748.11m
Market Cap	HK$1.98b

2383 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	7.5x
Enterprise Value/EBITDA	62.4x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 2383's PS Ratio compare to its peers?

The above table shows the PS ratio for 2383 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	0.6x
18 Oriental Enterprise Holdings	1.4x	n/a	HK$911.2m
423 Hong Kong Economic Times Holdings	0.4x	n/a	HK$345.3m
685 Media Chinese International	0.2x	n/a	HK$280.9m
1105 Sing Tao News	0.3x	n/a	HK$195.5m
2383 TOM Group	2.6x	n/a	HK$2.0b

Price-To-Sales vs Peers: 2383 is expensive based on its Price-To-Sales Ratio (2.6x) compared to the peer average (0.6x).

Price to Sales Ratio vs Industry

How does 2383's PS Ratio compare vs other companies in the HK Media Industry?

5 Companies	Price / Sales	Estimated Growth	Market Cap
1948 Uju Holding	0.07x	n/a	US$75.94m
2131 Netjoy Holdings	0.1x	n/a	US$48.15m
6988 Joy Spreader Group	0.08x	60.5%	US$34.44m
1351 Bright Future Technology Holdings	0.1x	n/a	US$17.73m

5 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: 2383 is expensive based on its Price-To-Sales Ratio (2.6x) compared to the Hong Kong Media industry average (0.8x).

Price to Sales Ratio vs Fair Ratio

What is 2383'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.

2383 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	2.6x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 2383'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.

Discover undervalued companies

Baidu

US$29.7b

Provides online marketing and cloud services through an internet platform in the People’s Republic of China.

89888

US$74.95

-4.2%

-29.3%

Maoyan Entertainment

HK$9.7b

An investment holding company, operates a platform in the entertainment industry in the People’s Republic of China.

1896

HK$8.30

0.7%

-11.7%

Xinhua Winshare Publishing and Media

HK$16.4b

Xinhua Winshare Publishing and Media Co., Ltd.

811

HK$9.50

0.4%

39.7%