Symphony Holdings Valuation

Is 1223 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation 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 1223 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 1223 (HK$0.82) is trading below our estimate of fair value (HK$1.48)

Significantly Below Fair Value: 1223 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 1223?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for 1223. This is calculated by dividing 1223's market cap by their current preferred multiple.
What is 1223's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	HK$2.44b

1223 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	12.7x
Enterprise Value/EBITDA	77.1x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 1223's PS Ratio compare to its peers?

The above table shows the PS ratio for 1223 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
3813 Pou Sheng International (Holdings)	0.1x	6.2%	HK$3.0b
2420 Zibuyu Group	0.6x	8.9%	HK$2.1b
709 Giordano International	0.7x	4.0%	HK$2.7b
113 Dickson Concepts (International)	0.8x	n/a	HK$2.0b
1223 Symphony Holdings	8.1x	n/a	HK$2.4b

Price-To-Sales vs Peers: 1223 is expensive based on its Price-To-Sales Ratio (8.1x) compared to the peer average (0.6x).

Price to Earnings Ratio vs Industry

How does 1223's PE Ratio compare vs other companies in the HK Specialty Retail Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	20.8%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	20.8%
	n/a	n/a	n/a

No more companies

Price-To-Sales vs Industry: 1223 is expensive based on its Price-To-Sales Ratio (8.1x) compared to the Hong Kong Specialty Retail industry average (0.4x).

Price to Sales Ratio vs Fair Ratio

What is 1223'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.

1223 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	8.1x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 1223'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.