DevGreat Group Valuation

Q: What is the Fair Price of 755 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

755 (HK$0.01) is trading below our estimate of [[fair value]] (HK$0.15)

Is 755 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

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

Below Fair Value: 755 (HK$0.01) is trading below our estimate of fair value (HK$0.15)

Significantly Below Fair Value: 755 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 755?

Key metric: As 755 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 755. This is calculated by dividing 755's market cap by their current revenue.
What is 755's PS Ratio?
PS Ratio	0.6x
Sales	HK$344.34m
Market Cap	HK$193.43m

755 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	1.3x
Enterprise Value/EBITDA	3.9x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 755's PS Ratio compare to its peers?

The above table shows the PS ratio for 755 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	7.7x
199 ITC Properties Group	20.8x	n/a	HK$200.5m
313 Richly Field China Development	6.2x	n/a	HK$233.4m
9968 Huijing Holdings	0.1x	n/a	HK$131.4m
298 Chuang's China Investments	3.6x	n/a	HK$220.6m
755 DevGreat Group	0.6x	n/a	HK$193.4m

Price-To-Sales vs Peers: 755 is good value based on its Price-To-Sales Ratio (0.6x) compared to the peer average (7.7x).

Price to Sales Ratio vs Industry

How does 755's PS Ratio compare vs other companies in the HK Real Estate Industry?

89 Companies	Price / Sales	Estimated Growth	Market Cap
1908 C&D International Investment Group	0.2x	3.1%	US$3.42b
3900 Greentown China Holdings	0.2x	-0.4%	US$3.11b
1918 Sunac China Holdings	0.2x	-14.2%	US$2.89b
1030 Seazen Group	0.1x	-22.7%	US$1.81b

89 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: 755 is good value based on its Price-To-Sales Ratio (0.6x) compared to the Hong Kong Real Estate industry average (0.6x).

Price to Sales Ratio vs Fair Ratio

What is 755'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.

755 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.6x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 755'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.