Smart-Core Holdings Limited

SEHK:2166 Stock Report

Market Cap: HK$765.9m

Smart-Core Holdings Valuation

Is 2166 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-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 2166 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 2166 (HK$1.63) is trading below our estimate of fair value (HK$2.87)

Significantly Below Fair Value: 2166 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 2166?

Key metric: As 2166 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 2166. This is calculated by dividing 2166's market cap by their current earnings.
What is 2166's PE Ratio?
PE Ratio8.1x
EarningsHK$94.78m
Market CapHK$765.91m

Price to Earnings Ratio vs Peers

How does 2166's PE Ratio compare to its peers?

The above table shows the PE ratio for 2166 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average40.3x
595 AV Concept Holdings
3.8xn/aHK$418.0m
6036 Apex Ace Holding
148.8xn/aHK$632.4m
529 SiS International Holdings
4.3xn/aHK$433.6m
3991 Changhong Jiahua Holdings
4.1xn/aHK$1.5b
2166 Smart-Core Holdings
8.1xn/aHK$765.9m

Price-To-Earnings vs Peers: 2166 is good value based on its Price-To-Earnings Ratio (8.1x) compared to the peer average (40.3x).

Price to Earnings Ratio vs Industry

How does 2166's PE Ratio compare vs other companies in the HK Electronic Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
76 Elate Holdings
0.6xn/aUS$18.41m
1822 China Wood International Holding
0.07xn/aUS$10.88m
911 Qianhai Health Holdings
0.7xn/aUS$6.86m
No more companies available in this PE range
2166 8.1xIndustry Avg. 8.7xNo. of Companies7PE0612182430+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 2166 is good value based on its Price-To-Earnings Ratio (8.1x) compared to the Hong Kong Electronic industry average (8.7x).

Price to Earnings Ratio vs Fair Ratio

What is 2166's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

2166 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio8.1x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 2166's Price-To-Earnings 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

Lenovo Group

HK$112.5b

An investment holding company, develops, manufactures, and markets technology products and services.

80992

HK$8.46

7D

-1.2%

1Y

-3.4%

BYD Electronic (International)

HK$77.1b

An investment holding company, primarily engages in the design, manufacture, assembly, and sale of mobile handset components, modules, and other products in the People’s Republic of China and internationally.

285

HK$34.20

7D

20.4%

1Y

-6.9%

Legend Holdings

HK$16.4b

Operates in the industrial operations, and industrial incubations and investments business in the People’s Republic of China and internationally.

3396

HK$6.94

7D

-4.8%

1Y

0.7%