Valuation Lai Sun Development Company Limited

Equities

Market Closed - Hong Kong S.E. Other stock markets 09:08:11 19/09/2024 BST			5-day change	1st Jan Change
0.5700 ^HKD	-1.72%		+3.64%	-32.94%

07-03	Lai Sun Development JV to Offload Hong Kong Property for HK$540 Million	MT
06-24	Lai Sun Garment Shareholders to Vote July 12 on Proposed Sale by Unit Lai Sun Development	MT

Fiscal Period: July	2018	2019	2020	2021	2022	2023
Capitalization ¹	8,134	6,720	5,061	3,789	4,176	1,991
Change	-	-17.38%	-24.69%	-25.13%	10.22%	-52.32%
Enterprise Value (EV) ¹	16,178	20,997	23,373	22,537	27,318	24,442
Change	-	29.78%	11.32%	-3.58%	21.21%	-10.53%
P/E ratio	1.88x	1.39x	-1.72x	-2.04x	-2.02x	-0.56x
PBR	0.26x	0.19x	0.14x	0.11x	0.13x	0.07x
PEG	-	0.1x	0x	0.1x	0.1x	-0x
Capitalization / Revenue	4.8x	1.03x	0.97x	0.63x	0.82x	0.41x
EV / Revenue	9.56x	3.23x	4.48x	3.76x	5.36x	4.99x
EV / EBITDA	38.3x	31.7x	-197x	-43.5x	-51.3x	-22.5x
EV / EBIT	47.8x	79.1x	-38.2x	-22.3x	-27x	-16.3x
EV / FCF	-8.15x	-5.79x	-5.27x	204x	-7.69x	11.8x
FCF Yield	-12.3%	-17.3%	-19%	0.49%	-13%	8.45%
Dividend per Share ²	0.108	0.108	-	-	-	-
Rate of return	0.8%	0.97%	-	-	-	-
EPS ²	7.128	7.958	-4.825	-3.034	-2.133	-2.448
Distribution rate	1.52%	1.36%	-	-	-	-
Net sales ¹	1,693	6,494	5,214	5,987	5,094	4,902
EBITDA ¹	422.7	662.5	-118.5	-517.9	-532.9	-1,087
EBIT ¹	338.5	265.3	-612	-1,009	-1,013	-1,495
Net income ¹	4,335	4,843	-2,935	-2,088	-1,967	-2,966
Net Debt ¹	8,045	14,277	18,313	18,748	23,142	22,451
Reference price ²	13.4200	11.0800	8.2800	6.1900	4.3100	1.3700
Nbr of stocks (in thousands)	606,077	606,464	611,174	612,089	968,886	1,453,329
Announcement Date	21/11/18	20/11/19	18/11/20	17/11/21	16/11/22	16/11/23

¹HKD in Million²HKD

Estimates

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E ratio	EV / Sales	EV / EBITDA	Yield (Y)	Capi. ($)
SUN HUNG KAI PROPERTIES LIMITED	10.12x	4.45x	10.59x	+4.81%	28.3B
MITSUI FUDOSAN CO., LTD.	15.65x	3.08x	16.47x	+2.23%	26.62B
DLF LIMITED	61.36x	28.28x	77.15x	+0.57%	25.46B
EMAAR PROPERTIES	6.45x	1.48x	3x	+5.86%	20.53B
MITSUBISHI ESTATE CO., LTD.	16.05x	3.75x	14.77x	+1.90%	19.97B
CHINA RESOURCES LAND LIMITED	4.59x	0.93x	5.11x	+7.73%	17.66B
SM PRIME HOLDINGS, INC.	21.41x	9.58x	16.25x	+1.03%	16.76B
ALDAR PROPERTIES	10.65x	2.64x	8.19x	+2.45%	15.75B
SUMITOMO REALTY & DEVELOPMENT CO., LTD.	11.56x	6.04x	17.63x	+1.50%	15.56B
Average	17.54x	6.69x	18.80x	+3.12%	20.73B
Weighted average by Cap.	18.79x	7.21x	20.50x	+3.13%