Kerry Properties Limited

OTCPK:KRYP.Y Stock Report

Market Cap: US$2.9b

Kerry Properties Valuation

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

Valuation Score

4/6

Valuation Score 4/6

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

Below Fair Value: KRYP.Y ($10.09) is trading below our estimate of fair value ($34.47)

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

Key Valuation Metric

Which metric is best to use when looking at relative valuation for KRYP.Y?

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

The above table shows the Price to Earnings ratio for KRYP.Y. This is calculated by dividing KRYP.Y's market cap by their current earnings.
What is KRYP.Y's PE Ratio?
PE Ratio9.8x
EarningsHK$2.29b
Market CapHK$22.38b

Price to Earnings Ratio vs Peers

How does KRYP.Y's PE Ratio compare to its peers?

The above table shows the PE ratio for KRYP.Y vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average20.2x
JOE St. Joe
43.8xn/aUS$3.0b
RMR RMR Group
16.4x4.7%US$370.8m
FPH Five Point Holdings
5.5xn/aUS$269.9m
CHCI Comstock Holding Companies
15xn/aUS$89.5m
KRYP.Y Kerry Properties
9.8x15.2%US$22.4b

Price-To-Earnings vs Peers: KRYP.Y is good value based on its Price-To-Earnings Ratio (9.8x) compared to the peer average (20.2x).

Price to Earnings Ratio vs Industry

How does KRYP.Y's PE Ratio compare vs other companies in the US Real Estate Industry?

6 CompaniesPrice / EarningsEstimated GrowthMarket Cap
STHO Star Holdings
1.8xn/aUS$149.31m
STSR Strategic Student & Senior Housing Trust
2.5xn/aUS$41.23m
XIN Xinyuan Real Estate
0.4xn/aUS$18.75m
ILAL International Land Alliance
0.8xn/aUS$7.83m
KRYP.Y 9.8xIndustry Avg. 32.7xNo. of Companies6PE020406080100+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: KRYP.Y is good value based on its Price-To-Earnings Ratio (9.8x) compared to the US Real Estate industry average (32.7x).

Price to Earnings Ratio vs Fair Ratio

What is KRYP.Y'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.

KRYP.Y PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio9.8x
Fair PE Ration/a

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

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