K & P International Holdings Valuation

Q: What is the Fair Price of 675 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

675 (HK$0.36) is trading above our estimate of [[fair value]] (HK$0.06)

Is 675 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 675 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 675 (HK$0.36) is trading above our estimate of fair value (HK$0.06)

Significantly Below Fair Value: 675 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 675?

Key metric: As 675 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 675. This is calculated by dividing 675's market cap by their current revenue.
What is 675's PS Ratio?
PS Ratio	0.5x
Sales	HK$179.86m
Market Cap	HK$96.12m

675 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	0.06x
Enterprise Value/EBITDA	6.9x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 675's PS Ratio compare to its peers?

The above table shows the PS ratio for 675 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	0.3x
515 China Silver Technology Holdings	0.4x	n/a	HK$69.1m
2078 PanAsialum Holdings	0.1x	n/a	HK$147.6m
889 Datronix Holdings	0.5x	n/a	HK$96.0m
2323 Renco Holdings Group	0.2x	n/a	HK$42.4m
675 K & P International Holdings	0.5x	n/a	HK$96.1m

Price-To-Sales vs Peers: 675 is expensive based on its Price-To-Sales Ratio (0.5x) compared to the peer average (0.3x).

Price to Sales Ratio vs Industry

How does 675's PS Ratio compare vs other companies in the HK Electronic Industry?

13 Companies	Price / Sales	Estimated Growth	Market Cap
856 VSTECS Holdings	0.09x	9.2%	US$923.55m
1184 S.A.S. Dragon Holdings	0.1x	n/a	US$326.48m
3991 Changhong Jiahua Holdings	0.04x	n/a	US$201.46m
40 Gold Peak Technology Group	0.07x	n/a	US$58.81m

13 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: 675 is expensive based on its Price-To-Sales Ratio (0.5x) compared to the Hong Kong Electronic industry average (0.4x).

Price to Sales Ratio vs Fair Ratio

What is 675'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.

675 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.5x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 675'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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