Bosideng International Holdings Ltd
F:3BD

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Bosideng International Holdings Ltd Logo
Bosideng International Holdings Ltd
F:3BD
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Price: 0.444 EUR Market Closed
Market Cap: €4.9B

P/B

2.7
Current
8%
Cheaper
vs 3-y average of 3

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
2.7
=
Market Cap
€55.7B
/
Total Equity
¥16B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
2.7
=
Market Cap
€55.7B
/
Total Equity
¥16B

Valuation Scenarios

Bosideng International Holdings Ltd is trading below its 3-year average

If P/B returns to its 3-Year Average (3), the stock would be worth €0.48 (8% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-72%
Maximum Upside
+12%
Average Downside
30%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 2.7 €0.44
0%
3-Year Average 3 €0.48
+8%
5-Year Average 3.1 €0.5
+12%
Industry Average 0.8 €0.13
-70%
Country Average 0.8 €0.13
-72%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
HK
Bosideng International Holdings Ltd
F:3BD
49.5B EUR 2.7 12.2
FR
LVMH Moet Hennessy Louis Vuitton SE
PAR:MC
234.1B EUR 3.5 21.5
FR
Hermes International SCA
PAR:RMS
172.8B EUR 9.2 38.2
KR
SBW
KRX:102280
235.5T KRW 2 461.2 -117 637.1
CH
Compagnie Financiere Richemont SA
SIX:CFR
88.6B CHF 4.4 23.8
FR
EssilorLuxottica SA
PAR:EL
85.9B EUR 2.2 37.1
FR
Christian Dior SE
PAR:CDI
80.1B EUR 3.3 17.7
IN
Titan Company Ltd
NSE:TITAN
4T INR 30.6 82.1
FR
Kering SA
PAR:KER
29.4B EUR 2 413
CN
ANTA Sports Products Ltd
HKEX:2020
235.3B HKD 3.1 14.9
US
Tapestry Inc
NYSE:TPR
29.7B USD 53.8 56.7

Market Distribution

Lower than 85% of companies in Hong Kong
Percentile
15th
Based on 1 630 companies
15th percentile
0.3
Low
0 — 0.5
Typical Range
0.5 — 1.3
High
1.3 —
Distribution Statistics
Hong Kong
Min 0
30th Percentile 0.5
Median 0.8
70th Percentile 1.3
Max 2 018.4

Bosideng International Holdings Ltd
Glance View

Bosideng International Holdings Ltd. began its journey from the modest roots of a small workshop in Jiangsu, China, morphing into a global leader in down apparel. Founded in 1976, the company has meticulously crafted its path to success by focusing on high-quality winter wear, leveraging technological innovation and sophisticated design. Bosideng has not only conquered the domestic market but has also expanded its footprint across various international territories, resonating with fashion-conscious consumers who prioritize both warmth and style. This strategic focus on a niche market has enabled Bosideng to carve out a formidable presence in the apparel industry, setting it apart from its rivals and attracting a loyal customer base. The company generates revenue primarily through the design, manufacture, and sale of down jackets, its flagship product, which accounts for a significant portion of its income. Operating under a multi-brand strategy, Bosideng tailors its offerings to different consumer segments under various labels, enhancing its market penetration and brand recognition. It capitalizes on a vertically integrated business model, overseeing every stage from production to retail, which ensures quality control and operational efficiency. By consistently reinvesting in research and development, Bosideng stays ahead of fashion trends and consumer preferences, maintaining its competitive edge in a rapidly evolving market. This dedication to innovation and excellence has helped the company sustain growth and profitability, even amidst the fluctuating dynamics of the global apparel industry.

3BD Intrinsic Value
0.721 EUR
Undervaluation 38%
Intrinsic Value
Price €0.444
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