K

Kelfred Holdings Ltd
HKEX:1134

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Kelfred Holdings Ltd
HKEX:1134
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Price: 0.34 HKD -6.85% Market Closed
Market Cap: HK$170m

EV/FCFF

7.5
Current
59%
More Expensive
vs 3-y average of 4.7

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
7.5
=
Enterprise Value
HK$99.5m
/
Free Cash Flow to Firm
HK$17m

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
7.5
=
Enterprise Value
HK$99.5m
/
Free Cash Flow to Firm
HK$17m

Valuation Scenarios

Kelfred Holdings Ltd is trading above its 3-year average

If EV/FCFF returns to its 3-Year Average (4.7), the stock would be worth HK$0.21 (37% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-43%
Maximum Upside
+28%
Average Downside
7%
Scenario EV/FCFF Value Implied Price Upside/Downside
Current Multiple 7.5 HK$0.34
0%
3-Year Average 4.7 HK$0.21
-37%
5-Year Average 4.2 HK$0.19
-43%
Industry Average 9.5 HK$0.43
+28%
Country Average 9.3 HK$0.42
+24%

Forward EV/FCFF
Today’s price vs future free cash flow to firm

Not enough data available to calculate forward EV/FCFF

Peer Comparison

All Multiples
EV/FCFF
P/E
All Countries
Close
Market Cap EV/FCFF P/E
HK
Kelfred Holdings Ltd
HKEX:1134
170m HKD 7.5 -11.2
JP
Hoya Corp
TSE:7741
9.4T JPY 44.9 37.6
US
Medline Inc
NASDAQ:MDLN
58.8B USD 0 0
CH
Alcon AG
SIX:ALC
28.4B CHF 24 36.3
DK
Coloplast A/S
CSE:COLO B
88.8B DKK 20.8 22.8
US
Align Technology Inc
NASDAQ:ALGN
12.8B USD 23.7 31.1
CA
Bausch + Lomb Corp
NYSE:BLCO
5.8B USD -158.3 -16
UK
ConvaTec Group PLC
LSE:CTEC
4.1B GBP 24.1 31.1
CN
Shenzhen New Industries Biomedical Engineering Co Ltd
SZSE:300832
37.9B CNY 31.7 23
CN
Intco Medical Technology Co Ltd
SZSE:300677
37.3B CNY -31.5 21.9
KR
HLB Inc
KOSDAQ:028300
8.1T KRW -73.3 -36.5
P/E Multiple
Earnings Growth PEG
HK
K
Kelfred Holdings Ltd
HKEX:1134
Average P/E: 29.1
Negative Multiple: -11.2
N/A N/A
JP
Hoya Corp
TSE:7741
37.6
15%
2.5
US
M
Medline Inc
NASDAQ:MDLN
Not Available
30%
N/A
CH
Alcon AG
SIX:ALC
36.3
32%
1.1
DK
Coloplast A/S
CSE:COLO B
22.8
21%
1.1
US
Align Technology Inc
NASDAQ:ALGN
31.1
34%
0.9
CA
Bausch + Lomb Corp
NYSE:BLCO
Negative Multiple: -16 N/A N/A
UK
ConvaTec Group PLC
LSE:CTEC
31.1
41%
0.8
CN
Shenzhen New Industries Biomedical Engineering Co Ltd
SZSE:300832
23
9%
2.6
CN
Intco Medical Technology Co Ltd
SZSE:300677
21.9
12%
1.8
KR
H
HLB Inc
KOSDAQ:028300
Negative Multiple: -36.5 N/A N/A

Market Distribution

In line with most companies in Hong Kong
Percentile
42st
Based on 1 194 companies
42st percentile
7.5
Low
0 — 4.7
Typical Range
4.7 — 16.9
High
16.9 —
Distribution Statistics
Hong Kong
Min 0
30th Percentile 4.7
Median 9.3
70th Percentile 16.9
Max 20 343.5

Kelfred Holdings Ltd
Glance View

Market Cap
170m HKD
Industry
Health Care

Kelfred Holdings Ltd. is an investment holding company, which engages in the manufacture and sale of eyewear. The firm mainly produces and sells various spectacle frames and sunglasses. In addition, the Company offers integrated and customized services including eyewear products design and development, raw materials procurement, production, quality control, packaging and delivery. The firm supplies eyewear products under the brand name of miga. The firm distributes its products within the domestic market and to overseas markets, including Europe, United States, and Asia.

Intrinsic Value
0.45 HKD
Undervaluation 25%
Intrinsic Value
Price HK$0.34
K
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