YTO International Express and Supply Chain Technology Valuation

Is 6123 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

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 6123 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 6123 (HK$1.28) is trading above our estimate of fair value (HK$0.45)

Significantly Below Fair Value: 6123 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 6123?

Key metric: As 6123 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 6123. This is calculated by dividing 6123's market cap by their current revenue.
What is 6123's PS Ratio?
PS Ratio	0.09x
Sales	HK$5.80b
Market Cap	HK$535.03m

6123 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	n/a
Enterprise Value/EBITDA	n/a
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 6123's PS Ratio compare to its peers?

The above table shows the PS ratio for 6123 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	0.5x
500 Frontier Services Group	0.5x	n/a	HK$382.1m
2130 CN Logistics International Holdings	0.4x	n/a	HK$1.0b
1442 Infinity Logistics and Transport Ventures	0.9x	n/a	HK$639.8m
2516 FAR International Holdings Group	0.3x	n/a	HK$936.0m
6123 YTO International Express and Supply Chain Technology	0.09x	n/a	HK$535.0m

Price-To-Sales vs Peers: 6123 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 6123's PS Ratio compare vs other companies in the HK Logistics Industry?

4 Companies	Price / Sales	Estimated Growth	Market Cap
Industry Avg.	0.2x	8.0%
6123 YTO International Express and Supply Chain Technology	0.09x	n/a	US$68.73m
1292 Changan Minsheng APLL Logistics	0.04x	n/a	US$48.51m
8348 Tianjin Binhai Teda Logistics (Group)	0.02x	n/a	US$13.88m

4 Companies		Estimated Growth	Market Cap
Industry Avg.	0.2x	25.8%
6123 YTO International Express and Supply Chain Technology	0.09x	n/a	US$68.73m

No more companies

Price-To-Sales vs Industry: 6123 is good value based on its Price-To-Sales Ratio (0.1x) compared to the Hong Kong Logistics industry average (0.2x).

Price to Sales Ratio vs Fair Ratio

What is 6123'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.

6123 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.09x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 6123'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.