New City Development Group Valuation
Is 456 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation 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 456 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 456 (HK$0.58) is trading above our estimate of fair value (HK$0.17)
Significantly Below Fair Value: 456 is trading above our estimate of fair value.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 456?
Key metric: As 456 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.
| What is 456's PS Ratio? | |
|---|---|
| PS Ratio | 0.5x |
| Sales | HK$138.90m |
| Market Cap | HK$68.00m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 5.4x |
| Enterprise Value/EBITDA | -46.2x |
| PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does 456's PS Ratio compare to its peers?
| Company | Forward PS | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 4.9x | ||
1124 Coastal Greenland | 18.8x | n/a | HK$72.6m |
1902 Yincheng International Holding | 0.007x | n/a | HK$66.6m |
106 Landsea Green Management | 0.01x | n/a | HK$89.7m |
262 Deson Development International Holdings | 0.6x | n/a | HK$86.5m |
456 New City Development Group | 0.5x | n/a | HK$68.0m |
Price-To-Sales vs Peers: 456 is good value based on its Price-To-Sales Ratio (0.5x) compared to the peer average (5x).
Price to Sales Ratio vs Industry
How does 456's PS Ratio compare vs other companies in the HK Real Estate Industry?
Price-To-Sales vs Industry: 456 is good value based on its Price-To-Sales Ratio (0.5x) compared to the Hong Kong Real Estate industry average (0.6x).
Price to Sales Ratio vs Fair Ratio
What is 456'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.
| Fair Ratio | |
|---|---|
| Current PS Ratio | 0.5x |
| Fair PS Ratio | n/a |
Price-To-Sales vs Fair Ratio: Insufficient data to calculate 456'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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