Shimao Group Holdings Valuation

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

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

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

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for SHMA.Y. This is calculated by dividing SHMA.Y's market cap by their current revenue.
What is SHMA.Y's PS Ratio?
PS Ratio	0.06x
Sales	CN¥58.26b
Market Cap	CN¥3.74b

SHMA.Y 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	4.9x
Enterprise Value/EBITDA	-37.2x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does SHMA.Y's PS Ratio compare to its peers?

The above table shows the PS ratio for SHMA.Y 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	11.1x
MLP Maui Land & Pineapple Company	39.2x	n/a	US$478.0m
STHO Star Holdings	1.3x	n/a	US$150.2m
AXR AMREP	3.1x	n/a	US$186.0m
FOR Forestar Group	1x	9.3%	US$1.5b
SHMA.Y Shimao Group Holdings	0.06x	-24.4%	US$4.0b

Price-To-Sales vs Peers: SHMA.Y is good value based on its Price-To-Sales Ratio (0.1x) compared to the peer average (11.1x).

Price to Sales Ratio vs Industry

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

33 Companies	Price / Sales	Estimated Growth	Market Cap
Industry Avg.	2.3x	11.8%
SHMA.Y Shimao Group Holdings	0.06x	-24.4%	US$515.79m
JLL Jones Lang LaSalle	0.6x	6.4%	US$13.39b
COMP Compass	0.7x	11.5%	US$3.67b

33 Companies		Estimated Growth	Market Cap
Industry Avg.	2.3x	40.4%
SHMA.Y Shimao Group Holdings	0.06x	72.6%	US$515.79m

No more companies

Price-To-Sales vs Industry: SHMA.Y is good value based on its Price-To-Sales Ratio (0.1x) compared to the US Real Estate industry average (2.3x).

Price to Sales Ratio vs Fair Ratio

What is SHMA.Y'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.

SHMA.Y PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.06x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate SHMA.Y'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$224.6b

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

SUHJ.Y

HK$9.97

1.2%

2.5%

Longfor Group Holdings

HK$73.4b

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

LGFR.Y

HK$13.79

0.3%

-21.2%

Pakuwon Jati

Rp20.4t

Operates as a real estate developer in Indonesia.

PTPK.F

Rp0.16

n/a