Horizon Robotics Valuation

Is 9660 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 9660 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 9660's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 9660's fair value for valuation analysis.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 9660?

Key metric: As 9660 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 9660. This is calculated by dividing 9660's market cap by their current revenue.
What is 9660's PS Ratio?
PS Ratio23.5x
SalesCN¥2.11b
Market CapCN¥49.70b

Price to Sales Ratio vs Peers

How does 9660's PS Ratio compare to its peers?

The above table shows the PS ratio for 9660 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average9.8x
20 SenseTime Group
13.7x26.7%HK$54.5b
268 Kingdee International Software Group
5.2x14.1%HK$33.5b
2556 Marketingforce Management
16.2x28.0%HK$24.1b
6682 Beijing Fourth Paradigm Technology
4.1x19.3%HK$20.2b
9660 Horizon Robotics
23.5xn/aHK$53.4b

Price-To-Sales vs Peers: 9660 is expensive based on its Price-To-Sales Ratio (23.5x) compared to the peer average (9.8x).


Price to Sales Ratio vs Industry

How does 9660's PS Ratio compare vs other companies in the HK Software Industry?

3 CompaniesPrice / SalesEstimated GrowthMarket Cap
6638 OneConnect Financial Technology
0.3x-6.0%US$100.72m
1933 OneForce Holdings
0.2xn/aUS$11.39m
8060 Global Link Communications Holdings
0.2xn/aUS$3.52m
No more companies available in this PS range
9660 23.5xIndustry Avg. 1.6xNo. of Companies6PS01.22.43.64.86+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 9660 is expensive based on its Price-To-Sales Ratio (23.5x) compared to the Hong Kong Software industry average (1.6x).


Price to Sales Ratio vs Fair Ratio

What is 9660'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.

9660 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio23.5x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 9660'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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