Asia-express Logistics Holdings Valuation
Is 8620 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
4/6Valuation 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 8620 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 8620 (HK$0.1) is trading below our estimate of fair value (HK$2.53)
Significantly Below Fair Value: 8620 is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 8620?
Key metric: As 8620 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.
| What is 8620's PS Ratio? | |
|---|---|
| PS Ratio | 0.1x |
| Sales | HK$356.16m |
| Market Cap | HK$51.74m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 0.2x |
| Enterprise Value/EBITDA | 19.4x |
| PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does 8620's PS Ratio compare to its peers?
| Company | Forward PS | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 0.2x | ||
8489 Grand Power Logistics Group | 0.05x | n/a | HK$46.8m |
1529 Yues International Holdings Group | 0.2x | n/a | HK$40.7m |
8035 Janco Holdings | 0.2x | n/a | HK$49.8m |
8020 Unitas Holdings | 0.5x | n/a | HK$52.3m |
8620 Asia-express Logistics Holdings | 0.1x | n/a | HK$51.7m |
Price-To-Sales vs Peers: 8620 is good value based on its Price-To-Sales Ratio (0.1x) compared to the peer average (0.3x).
Price to Sales Ratio vs Industry
How does 8620'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$68.73m |
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 |
8489 Grand Power Logistics Group | 0.05x | n/a | US$6.01m |
| 4 Companies | Estimated Growth | Market Cap |
|---|
Price-To-Sales vs Industry: 8620 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 8620'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.
| Fair Ratio | |
|---|---|
| Current PS Ratio | 0.1x |
| Fair PS Ratio | n/a |
Price-To-Sales vs Fair Ratio: Insufficient data to calculate 8620'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.