iDreamSky Technology Holdings Ltd
HKEX:1119
Intrinsic Value
iDreamSky Technology Holdings Ltd. engages in licensing and operating of single player mobile games and mobile online games. [ Read More ]
The intrinsic value of one
iDreamSky Technology Holdings Ltd
stock under the Base Case scenario is
4.01
HKD.
Compared to the current market price of 2.31 HKD,
iDreamSky Technology Holdings Ltd
is
Undervalued by 42%.
iDreamSky Technology Holdings Ltd's market capitalization is 3.6B HKD.
iDreamSky Technology Holdings Ltd stock price is 2.31 HKD.
iDreamSky Technology Holdings Ltd stock price (2.31 HKD) is 42% less than its Intrinsic Value (4.01 HKD).
iDreamSky Technology Holdings Ltd stock price (2.31 HKD) is 48% less than its DCF Value (4.43 HKD). Open DCF Valuation
iDreamSky Technology Holdings Ltd stock price (2.31 HKD) is 36% less than its Relative Value (3.6 HKD). Open Relative Valuation
iDreamSky Technology Holdings Ltd has upside potential of 94% compared to the average analyst price target.
Open Wall St Estimates
iDreamSky Technology Holdings Ltd's short-term assets (2B CNY) exceed its short-term liabilties (2B CNY).
iDreamSky Technology Holdings Ltd's Revenue has dropped by 7% over the past 12 months.
iDreamSky Technology Holdings Ltd's Revenue is forecast to grow at a rate of 7% per year over the next 3 years.
iDreamSky Technology Holdings Ltd has positive Net Debt. This means that the company has more debt (363m CNY) than cash and short-term investments (293m CNY).
iDreamSky Technology Holdings Ltd's Revenue has been falling by 6% per year for the last 3 years.
iDreamSky Technology Holdings Ltd's long-term assets (4B CNY) exceed its long-term liabilties (2B CNY).
iDreamSky Technology Holdings Ltd has positive Gross Profit for the last twelve months.
iDreamSky Technology Holdings Ltd's ROE (Return on Equity) has significantly decreased in the last 3 years from -13% to -80%, and is approaching profitability.
iDreamSky Technology Holdings Ltd's ROIC (Return on Invested Capital) has significantly decreased in the last 3 years from 6% to -17%.
iDreamSky Technology Holdings Ltd has negative Operating Income for the last twelve months.
iDreamSky Technology Holdings Ltd's ROIC (Return on Invested Capital) for the past 12 months is negative and is equal to -17%.
iDreamSky Technology Holdings Ltd has negative Net Income for the last twelve months.
iDreamSky Technology Holdings Ltd has positive Free Cash Flow for the last twelve months.
iDreamSky Technology Holdings Ltd's ROE (Return on Equity) for the past 12 months is negative and is equal to -80%.
iDreamSky Technology Holdings Ltd has negative three-year average ROIC (Return on Invested Capital): -4%. The company is not efficient at using invested capital to generate operating income.
iDreamSky Technology Holdings Ltd's D/E (Debt to Equity) is very low and is equal to 0.22.
iDreamSky Technology Holdings Ltd has negative three-year average ROE (Return on Equity): -29%. The company is not efficient at transforming stockholders' equity into net income.
iDreamSky Technology Holdings Ltd's Altman Z-Score is very low and is equal to 0.68.
iDreamSky Technology Holdings Ltd doesn't generate enough operating income (-798m CNY) to safely cover interest payments on its debt (88m CNY).
Valuation Backtest
iDreamSky Technology Holdings Ltd
Run backtest to discover the historical profit from buying and selling
iDreamSky Technology Holdings Ltd
stocks based on their intrinsic value.
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Fundamental Analysis
iDreamSky Technology Holdings Ltd
Balance Sheet Decomposition
iDreamSky Technology Holdings Ltd
| Current Assets | 2.1B |
| Cash & Short-Term Investments | 293.4m |
| Receivables | 750.1m |
| Other Current Assets | 1B |
| Non-Current Assets | 2.1B |
| Long-Term Investments | 697m |
| PP&E | 184.4m |
| Intangibles | 998.1m |
| Other Non-Current Assets | 188m |
| Current Liabilities | 1.9B |
| Accounts Payable | 280.8m |
| Accrued Liabilities | 43.9m |
| Other Current Liabilities | 1.6B |
| Non-Current Liabilities | 547.3m |
| Long-Term Debt | 363.2m |
| Other Non-Current Liabilities | 184.1m |
Earnings Waterfall
iDreamSky Technology Holdings Ltd
|
Revenue
|
2.5B
CNY
|
|
Cost of Revenue
|
-2.1B
CNY
|
|
Gross Profit
|
335.1m
CNY
|
|
Operating Expenses
|
-1.1B
CNY
|
|
Operating Income
|
-797.6m
CNY
|
|
Other Expenses
|
-1.5B
CNY
|
|
Net Income
|
-2.2B
CNY
|
Free Cash Flow Analysis
iDreamSky Technology Holdings Ltd
What is Free Cash Flow?
Profitability Score
Profitability Due Diligence
iDreamSky Technology Holdings Ltd's profitability score is 23/100. The higher the profitability score, the more profitable the company is.
Score
iDreamSky Technology Holdings Ltd's profitability score is 23/100. The higher the profitability score, the more profitable the company is.
Solvency Score
Solvency Due Diligence
iDreamSky Technology Holdings Ltd's solvency score is 39/100. The higher the solvency score, the more solvent the company is.
Score
iDreamSky Technology Holdings Ltd's solvency score is 39/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
Price Targets Summary
iDreamSky Technology Holdings Ltd
According to Wall Street analysts, the average 1-year price target for
iDreamSky Technology Holdings Ltd
is 4.47 HKD
with a low forecast of 3.74 HKD and a high forecast of 5.09 HKD.
Shareholder Return
Price
iDreamSky Technology Holdings Ltd
| Average Annual Return | -10.31% |
| Standard Deviation of Annual Returns | 42.24% |
| Max Drawdown | -83% |
| Market Capitalization | 3.6B HKD |
| Shares Outstanding | 1 570 000 000 |
| Percentage of Shares Shorted |
N/A
|
Company Profile
iDreamSky Technology Holdings Ltd
Country
Industry
Market Cap
Dividend Yield
Description
iDreamSky Technology Holdings Ltd. engages in licensing and operating of single player mobile games and mobile online games. The company is headquartered in Shenzhen, Guangdong and currently employs 1,113 full-time employees. The company went IPO on 2018-12-06. The firm operates through three segments. Game and Information Services segment primarily involves the independent research and development (R&D) and operation of match-three puzzle games and competitive games, releasing of mid-and hardcore games and in-game advertising services. Software-as-a-service (SaaS) and Other Related Services segment mainly provides customers with digital project management tools, applications and other services. Offline Entertainment segment mainly provides services such as console game experiencing and retails of consoles and designer toys through operating offline regular chain stores.
Contact
IPO
Employees
Officers
The intrinsic value of one
iDreamSky Technology Holdings Ltd
stock under the Base Case scenario is
4.01
HKD.
Compared to the current market price of 2.31 HKD,
iDreamSky Technology Holdings Ltd
is
Undervalued by 42%.
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