Winton Land Valuation

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

WIN (NZ$2.06) is trading above our estimate of [[fair value]] (NZ$0.35)

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

Below Fair Value: WIN (NZ$2.06) is trading above our estimate of fair value (NZ$0.35)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for WIN. This is calculated by dividing WIN's market cap by their current earnings.
What is WIN's PE Ratio?
PE Ratio	38.8x
Earnings	NZ$15.75m
Market Cap	NZ$611.02m

WIN 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	3.8x
Enterprise Value/EBITDA	21.1x
PEG Ratio	0.7x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for WIN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	11.6x
CDI CDL Investments New Zealand	20.5x	n/a	NZ$229.1m
VLL Vista Land & Lifescapes	2.1x	-1.7%	₱21.2b
SC SC Asset Corporation	6.1x	7.8%	฿12.7b
IES I.E.S Holdings	17.7x	n/a	₪1.3b
WIN Winton Land	38.8x	54.8%	NZ$611.0m

Price-To-Earnings vs Peers: WIN is expensive based on its Price-To-Earnings Ratio (38.8x) compared to the peer average (11.6x).

Price to Earnings Ratio vs Industry

How does WIN's PE Ratio compare vs other companies in the Global Real Estate Industry?

95 Companies	Price / Earnings	Estimated Growth	Market Cap

95 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: WIN is expensive based on its Price-To-Earnings Ratio (38.8x) compared to the Global Real Estate industry average (14.9x).

Price to Earnings Ratio vs Fair Ratio

What is WIN'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.

WIN PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	38.8x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate WIN'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.