Linklogis Valuation

Is 9959 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 9959 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 9959 (HK$1.77) is trading above our estimate of fair value (HK$0.41)

Significantly Below Fair Value: 9959 is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 9959?

Key metric: As 9959 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 9959. This is calculated by dividing 9959's market cap by their current revenue.
What is 9959's PS Ratio?
PS Ratio3.7x
SalesCN¥889.84m
Market CapCN¥3.26b

Price to Sales Ratio vs Peers

How does 9959's PS Ratio compare to its peers?

The above table shows the PS ratio for 9959 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average2.7x
8083 Youzan Technology
2.3x1.7%HK$3.5b
9669 Beisen Holding
3.3x15.0%HK$3.1b
2013 Weimob
2.6x10.9%HK$5.2b
2121 AInnovation Technology Group
2.4x15.6%HK$3.6b
9959 Linklogis
3.7x10.2%HK$3.5b

Price-To-Sales vs Peers: 9959 is expensive based on its Price-To-Sales Ratio (3.7x) compared to the peer average (2.7x).


Price to Sales Ratio vs Industry

How does 9959's PS Ratio compare vs other companies in the HK Software Industry?

7 CompaniesPrice / SalesEstimated GrowthMarket Cap
6638 OneConnect Financial Technology
0.3x-6.5%US$103.76m
1522 BII Railway Transportation Technology Holdings
0.3xn/aUS$68.74m
2392 Xuan Wu Cloud Technology Holdings
0.3xn/aUS$62.35m
1933 OneForce Holdings
0.2xn/aUS$10.12m
9959 3.7xIndustry Avg. 1.6xNo. of Companies7PS01.63.24.86.48+
7 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 9959 is expensive based on its Price-To-Sales Ratio (3.7x) compared to the Hong Kong Software industry average (1.6x).


Price to Sales Ratio vs Fair Ratio

What is 9959'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.

9959 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio3.7x
Fair PS Ratio1.7x

Price-To-Sales vs Fair Ratio: 9959 is expensive based on its Price-To-Sales Ratio (3.7x) compared to the estimated Fair Price-To-Sales Ratio (1.7x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 9959 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentHK$1.77
HK$2.19
+23.7%
8.7%HK$2.38HK$2.00n/a2
Dec ’25HK$1.68
HK$2.19
+30.4%
8.7%HK$2.38HK$2.00n/a2
Nov ’25HK$1.61
HK$2.19
+36.0%
8.7%HK$2.38HK$2.00n/a2
Oct ’25HK$1.88
HK$2.19
+16.5%
8.7%HK$2.38HK$2.00n/a2
Sep ’25HK$1.53
HK$2.19
+43.1%
8.7%HK$2.38HK$2.00n/a2
Aug ’25HK$1.69
HK$2.26
+34.0%
11.7%HK$2.53HK$2.00n/a2
Jul ’25HK$2.17
HK$2.33
+7.1%
14.0%HK$2.65HK$2.00n/a2
Jun ’25HK$2.06
HK$2.33
+12.9%
14.0%HK$2.65HK$2.00n/a2
May ’25HK$1.72
HK$2.33
+35.2%
14.0%HK$2.65HK$2.00n/a2
Apr ’25HK$1.40
HK$2.33
+66.1%
14.0%HK$2.65HK$2.00n/a2
Mar ’25HK$1.28
HK$2.85
+122.7%
22.8%HK$3.50HK$2.20n/a2
Feb ’25HK$1.13
HK$2.85
+152.2%
22.8%HK$3.50HK$2.20n/a2
Jan ’25HK$1.58
HK$2.85
+80.4%
22.8%HK$3.50HK$2.20n/a2
Dec ’24HK$1.59
HK$3.57
+124.3%
32.1%HK$5.00HK$2.20HK$1.683
Nov ’24HK$1.56
HK$3.57
+128.6%
32.1%HK$5.00HK$2.20HK$1.613
Oct ’24HK$1.75
HK$3.75
+114.3%
24.7%HK$5.00HK$2.44HK$1.884
Sep ’24HK$1.77
HK$3.75
+111.9%
24.7%HK$5.00HK$2.44HK$1.534
Aug ’24HK$3.06
HK$5.54
+81.2%
25.3%HK$7.50HK$4.06HK$1.695
Jul ’24HK$2.79
HK$5.54
+98.7%
25.3%HK$7.50HK$4.06HK$2.175
Jun ’24HK$3.33
HK$5.54
+66.5%
25.3%HK$7.50HK$4.06HK$2.065
May ’24HK$2.96
HK$5.62
+90.0%
24.6%HK$7.50HK$4.06HK$1.725
Apr ’24HK$3.62
HK$5.78
+59.8%
24.1%HK$7.50HK$4.06HK$1.405
Mar ’24HK$3.96
HK$6.64
+67.8%
24.8%HK$9.40HK$4.92HK$1.285
Feb ’24HK$4.90
HK$6.99
+42.6%
20.3%HK$9.40HK$5.20HK$1.135
Jan ’24HK$4.08
HK$6.86
+68.1%
22.7%HK$9.40HK$5.20HK$1.584
Dec ’23HK$3.88
HK$7.96
+105.2%
26.9%HK$10.60HK$5.20HK$1.594

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.


Discover undervalued companies