Man Sang International Valuation

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

Below Fair Value: Insufficient data to calculate MSGN.F's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate MSGN.F's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for MSGN.F?

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

The above table shows the Price to Sales ratio for MSGN.F. This is calculated by dividing MSGN.F's market cap by their current revenue.
What is MSGN.F's PS Ratio?
PS Ratio	3.5x
Sales	HK$128.52m
Market Cap	HK$453.04m

MSGN.F 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	26.6x
Enterprise Value/EBITDA	-112.1x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does MSGN.F's PS Ratio compare to its peers?

The above table shows the PS ratio for MSGN.F 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	1.3x
AXR AMREP	3.1x	n/a	US$189.4m
AEI Alset	0.8x	n/a	US$12.0m
STHO Star Holdings	1.3x	n/a	US$149.8m
XIN Xinyuan Real Estate	0.03x	n/a	US$18.5m
MSGN.F Man Sang International	3.5x	n/a	US$453.0m

Price-To-Sales vs Peers: MSGN.F is expensive based on its Price-To-Sales Ratio (3.5x) compared to the peer average (1.3x).

Price to Sales Ratio vs Industry

How does MSGN.F's PS Ratio compare vs other companies in the US Real Estate Industry?

32 Companies	Price / Sales	Estimated Growth	Market Cap
JLL Jones Lang LaSalle	0.6x	6.4%	US$13.31b
COMP Compass	0.7x	11.5%	US$3.62b
CWK Cushman & Wakefield	0.4x	5.8%	US$3.51b
EXPI eXp World Holdings	0.5x	5.7%	US$2.13b

32 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: MSGN.F is expensive based on its Price-To-Sales Ratio (3.5x) compared to the US Real Estate industry average (2.3x).

Price to Sales Ratio vs Fair Ratio

What is MSGN.F'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.

MSGN.F PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	3.5x
Fair PS Ratio	n/a

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