Pacific Century Premium Developments Valuation

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

Valuation Score

2/6

Valuation Score 2/6

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 PCPD.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 PCPD.F's fair value for valuation analysis.

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

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for PCPD.F. This is calculated by dividing PCPD.F's market cap by their current revenue.
What is PCPD.F's PS Ratio?
PS Ratio	0.4x
Sales	HK$915.00m
Market Cap	HK$403.57m

PCPD.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	10.4x
Enterprise Value/EBITDA	77.4x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for PCPD.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	2.1x
STRS Stratus Properties	4.5x	n/a	US$218.3m
AXR AMREP	3.2x	n/a	US$195.5m
XIN Xinyuan Real Estate	0.03x	n/a	US$18.1m
AEI Alset	0.8x	n/a	US$10.0m
PCPD.F Pacific Century Premium Developments	0.4x	n/a	US$403.6m

Price-To-Sales vs Peers: PCPD.F is good value based on its Price-To-Sales Ratio (0.4x) compared to the peer average (2.3x).

Price to Sales Ratio vs Industry

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

32 Companies	Price / Sales	Estimated Growth	Market Cap
Industry Avg.	2.3x	11.6%
PCPD.F Pacific Century Premium Developments	0.4x	n/a	US$51.84m
JLL Jones Lang LaSalle	0.6x	6.4%	US$12.28b
COMP Compass	0.7x	11.5%	US$3.43b

32 Companies		Estimated Growth	Market Cap
Industry Avg.	2.3x	39.6%
PCPD.F Pacific Century Premium Developments	0.4x	n/a	US$51.84m

No more companies

Price-To-Sales vs Industry: PCPD.F is good value based on its Price-To-Sales Ratio (0.4x) compared to the US Real Estate industry average (2.3x).

Price to Sales Ratio vs Fair Ratio

What is PCPD.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.

PCPD.F PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.4x
Fair PS Ratio	n/a

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

Discover undervalued companies

Sun Hung Kai Properties

HK$221.1b

Develops and invests in properties for sale and rent in Hong Kong, Mainland China, and internationally.

SUHJ.Y

HK$9.85

0.3%

-2.9%

Longfor Group Holdings

HK$74.1b

An investment holding company, engages in the property development, investment, and management businesses in the People’s Republic of China.

LGFR.Y

HK$13.75

-6.2%

-30.6%

Pakuwon Jati

Rp20.6t

Operates as a real estate developer in Indonesia.

PTPK.F

Rp0.16

n/a