Janco Holdings Valuation

Q: What is the Fair Price of 8035 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

8035 (HK$0.08) is trading below our estimate of [[fair value]] (HK$0.5)

Is 8035 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

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 8035 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 8035 (HK$0.08) is trading below our estimate of fair value (HK$0.5)

Significantly Below Fair Value: 8035 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 8035?

Key metric: As 8035 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 8035. This is calculated by dividing 8035's market cap by their current revenue.
What is 8035's PS Ratio?
PS Ratio	0.2x
Sales	HK$259.90m
Market Cap	HK$49.80m

8035 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	0.4x
Enterprise Value/EBITDA	-9.8x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 8035's PS Ratio compare to its peers?

The above table shows the PS ratio for 8035 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	0.1x
8620 Asia-express Logistics Holdings	0.1x	n/a	HK$50.7m
1529 Yues International Holdings Group	0.2x	n/a	HK$40.7m
8489 Grand Power Logistics Group	0.05x	n/a	HK$46.8m
8482 Wan Leader International	0.2x	n/a	HK$31.2m
8035 Janco Holdings	0.2x	n/a	HK$49.8m

Price-To-Sales vs Peers: 8035 is expensive based on its Price-To-Sales Ratio (0.2x) compared to the peer average (0.2x).

Price to Sales Ratio vs Industry

How does 8035's PS Ratio compare vs other companies in the HK Logistics Industry?

4 Companies	Price / Sales	Estimated Growth	Market Cap
6123 YTO International Express and Supply Chain Technology	0.09x	n/a	US$68.21m
1292 Changan Minsheng APLL Logistics	0.04x	n/a	US$47.48m
8348 Tianjin Binhai Teda Logistics (Group)	0.02x	n/a	US$13.89m
8489 Grand Power Logistics Group	0.05x	n/a	US$6.01m

No more companies available in this PS range

4 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: 8035 is good value based on its Price-To-Sales Ratio (0.2x) compared to the Hong Kong Logistics industry average (0.2x).

Price to Sales Ratio vs Fair Ratio

What is 8035'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.

8035 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.2x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 8035'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.