Mingfa Group (International) Company Limited

SEHK:846 Stock Report

Market Cap: HK$968.9m

Mingfa Group (International) Valuation

Is 846 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

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

Below Fair Value: Insufficient data to calculate 846's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 846's fair value for valuation analysis.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 846?

Key metric: As 846 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 846. This is calculated by dividing 846's market cap by their current revenue.
What is 846's PS Ratio?
PS Ratio0.1x
SalesCN¥7.83b
Market CapCN¥902.07m

Price to Sales Ratio vs Peers

How does 846's PS Ratio compare to its peers?

The above table shows the PS ratio for 846 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average0.09x
1098 Road King Infrastructure
0.09xn/aHK$899.2m
337 Greenland Hong Kong Holdings
0.03xn/aHK$816.9m
1233 Times China Holdings
0.03xn/aHK$630.5m
1622 Redco Properties Group
0.2xn/aHK$1.2b
846 Mingfa Group (International)
0.1xn/aHK$968.9m

Price-To-Sales vs Peers: 846 is expensive based on its Price-To-Sales Ratio (0.1x) compared to the peer average (0.1x).


Price to Sales Ratio vs Industry

How does 846's PS Ratio compare vs other companies in the HK Real Estate Industry?

89 CompaniesPrice / SalesEstimated GrowthMarket Cap
Industry Avg.0.6x4.7%
846 Mingfa Group (International)
0.1xn/aUS$124.46m
1908 C&D International Investment Group
0.2x3.1%US$3.29b
3900 Greentown China Holdings
0.1x-0.4%US$2.97b
846 0.1xIndustry Avg. 0.6xNo. of Companies89PS00.81.62.43.24+
89 CompaniesEstimated GrowthMarket Cap
Industry Avg.0.6x21.1%
846 Mingfa Group (International)
0.1xn/aUS$124.46m
No more companies

Price-To-Sales vs Industry: 846 is good value based on its Price-To-Sales Ratio (0.1x) compared to the Hong Kong Real Estate industry average (0.6x).


Price to Sales Ratio vs Fair Ratio

What is 846'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.

846 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.1x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 846'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