Trio Industrial Electronics Group Limited

SEHK:1710 Stock Report

Market Cap: HK$143.0m

Trio Industrial Electronics Group Valuation

Is 1710 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 1710 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 1710 (HK$0.14) is trading below our estimate of fair value (HK$1.02)

Significantly Below Fair Value: 1710 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 1710?

Key metric: As 1710 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 1710. This is calculated by dividing 1710's market cap by their current revenue.
What is 1710's PS Ratio?
PS Ratio0.1x
SalesHK$983.61m
Market CapHK$143.00m

Price to Sales Ratio vs Peers

How does 1710's PS Ratio compare to its peers?

The above table shows the PS ratio for 1710 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average0.5x
76 Elate Holdings
0.2xn/aHK$143.3m
8218 Echo International Holdings Group
1.5xn/aHK$99.3m
8070 Keen Ocean International Holding
0.3xn/aHK$71.0m
9918 Wise Ally International Holdings
0.05xn/aHK$68.0m
1710 Trio Industrial Electronics Group
0.1xn/aHK$143.0m

Price-To-Sales vs Peers: 1710 is good value based on its Price-To-Sales Ratio (0.1x) compared to the peer average (0.5x).

Price to Sales Ratio vs Industry

How does 1710's PS Ratio compare vs other companies in the HK Electronic Industry?

12 CompaniesPrice / SalesEstimated GrowthMarket Cap
856 VSTECS Holdings
0.09x9.2%US$919.75m
1184 S.A.S. Dragon Holdings
0.1xn/aUS$329.63m
3991 Changhong Jiahua Holdings
0.04xn/aUS$191.53m
40 Gold Peak Technology Group
0.07xn/aUS$59.98m
1710 0.1xIndustry Avg. 0.3xNo. of Companies21PS00.40.81.21.62+
12 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 1710 is good value based on its Price-To-Sales Ratio (0.1x) compared to the Hong Kong Electronic industry average (0.3x).

Price to Sales Ratio vs Fair Ratio

What is 1710'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.

1710 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 1710'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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