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Symphony Holdings Ltd
HKEX:1223

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Symphony Holdings Ltd
HKEX:1223
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Price: 1.42 HKD Market Closed
Market Cap: HK$4.2B

EV/FCFF

23.4
Current
29%
More Expensive
vs 3-y average of 18.2

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
23.4
=
Enterprise Value
HK$4.4B
/
Free Cash Flow to Firm
HK$196.6m

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
23.4
=
Enterprise Value
HK$4.4B
/
Free Cash Flow to Firm
HK$196.6m

Valuation Scenarios

Symphony Holdings Ltd is trading above its 3-year average

If EV/FCFF returns to its 3-Year Average (18.2), the stock would be worth HK$1.1 (22% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-77%
Maximum Upside
No Upside Scenarios
Average Downside
40%
Scenario EV/FCFF Value Implied Price Upside/Downside
Current Multiple 23.4 HK$1.42
0%
3-Year Average 18.2 HK$1.1
-22%
5-Year Average 22.8 HK$1.38
-3%
Industry Average 5.4 HK$0.33
-77%
Country Average 9.3 HK$0.56
-60%

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
Symphony Holdings Ltd
HKEX:1223
4.2B HKD 23.4 -128.2
ES
Industria de Diseno Textil SA
MAD:ITX
157.6B EUR 23.2 25.3
US
TJX Companies Inc
NYSE:TJX
173.5B USD 34.5 31.8
JP
Fast Retailing Co Ltd
TSE:9983
22.4T JPY 31.2 46.7
ZA
Pepkor Holdings Ltd
JSE:PPH
80.9B ZAR 60.2 14.3
US
Ross Stores Inc
NASDAQ:ROST
73.4B USD 31.7 34.4
ZA
Mr Price Group Ltd
JSE:MRP
41.1B ZAR 6 11
SE
H & M Hennes & Mauritz AB
STO:HM B
263.1B SEK 15.2 21.4
ZA
Foschini Group Ltd
JSE:TFG
22.5B ZAR 8.8 7.7
ZA
Truworths International Ltd
JSE:TRU
20.9B ZAR 12 7.5
US
Burlington Stores Inc
NYSE:BURL
20.1B USD 121.3 32.9

Market Distribution

Higher than 78% of companies in Hong Kong
Percentile
78th
Based on 1 194 companies
78th percentile
23.4
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

Symphony Holdings Ltd
Glance View

Market Cap
4.2B HKD
Industry
Retail

Symphony Holdings Ltd engages in operation of sports brands and retail business. The firm operates through three business segments. The Branding segment is engaged in the development and management of PONY and SKINS trademarks to derive revenue from sales of goods and royalty income in a worldwide basis; retailing and provision of sourcing services for branded apparel, swimwear and accessories in The People’s Republic of China (the PRC); sourcing, manufacturing and trading of healthcare products in Hong Kong; as well as operation of duty free shops. The Retailing segment is involved in rental income from investment properties; as well as commission income from concessionaire sales by managing and operating outlet malls in the PRC. The Financial Services segment is involved in the provision of securities brokerage, margin financing, money lending, underwriting and placing of listed securities as well as financial consultancy services.

Intrinsic Value
0.14 HKD
Overvaluation 90%
Intrinsic Value
Price HK$1.42
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