Hysan Development Co Ltd
HKEX:14

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Hysan Development Co Ltd
HKEX:14
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Price: 19.35 HKD -0.72% Market Closed
Market Cap: HK$19.9B

EV/EBITDA

16.8
Current
11%
More Expensive
vs 3-y average of 15.1

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
16.8
=
Enterprise Value
HK$42.1B
/
EBITDA
HK$2.5B

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
16.8
=
Enterprise Value
HK$42.1B
/
EBITDA
HK$2.5B

Valuation Scenarios

Hysan Development Co Ltd is trading above its 3-year average

If EV/EBITDA returns to its 3-Year Average (15.1), the stock would be worth HK$17.38 (10% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-43%
Maximum Upside
No Upside Scenarios
Average Downside
21%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 16.8 HK$19.35
0%
3-Year Average 15.1 HK$17.38
-10%
5-Year Average 14.5 HK$16.64
-14%
Industry Average 13.8 HK$15.94
-18%
Country Average 9.6 HK$11.02
-43%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
HK$42.1B
/
Jan 2026
HK$2.5B
=
16.8
Current
HK$42.1B
/
Dec 2026
HK$3.1B
=
13.4
Forward
HK$42.1B
/
Dec 2027
HK$3B
=
14
Forward
HK$42.1B
/
Dec 2028
HK$3B
=
13.8
Forward

Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close

Market Distribution

Higher than 75% of companies in Hong Kong
Percentile
75th
Based on 1 325 companies
75th percentile
16.8
Low
0 — 4.8
Typical Range
4.8 — 14.9
High
14.9 —
Distribution Statistics
Hong Kong
Min 0
30th Percentile 4.8
Median 9.6
70th Percentile 14.9
Max 9 749.3

Hysan Development Co Ltd
Glance View

Market Cap
19.9B HKD
Industry
Real Estate

Hysan Development Co Ltd, a significant player in Hong Kong’s bustling real estate sector, weaves its operations through the intricate landscape of this vibrant city. Established in the early 20th century by the Lee family, Hysan has grown alongside Hong Kong itself, transitioning from its humble beginnings to become a stalwart of commercial property management and development. The company primarily focuses on the premier district of Causeway Bay, a hub known for its unparalleled retail and business vibrancy. Much of its success is rooted in its ability to blend the heritage of its properties with modern, upscale amenities. By maintaining a keen focus on premium office buildings, retail spaces, and high-end residential units, Hysan plays a critical role in aligning historical architecture with contemporary needs. The firm continues to capitalize on this dynamic interplay between tradition and modernity, ensuring that its properties remain desirable spaces for tenants and consumers alike. From a financial perspective, Hysan Development Co Ltd generates revenue through its strategic property leasing operations, which form the core of its business model. The company adeptly structures its leasing agreements to ensure steady rental income, underpinning its financial stability and robustness. Additionally, Hysan benefits from a diversified portfolio, balancing its income streams across retail, office, and residential sectors—each offering unique value propositions. The retail arm, particularly in Causeway Bay, attracts significant foot traffic and high-profile brands, cementing Hysan’s reputation as a facilitator of premium retail experiences. Meanwhile, its office spaces cater to a variety of enterprises, from established global firms to emerging local startups, driving Hysan's prominence as a key player in real estate. This balanced approach not only stimulates consistent revenue growth but also reinforces its prominence within Hong Kong's ever-evolving real estate market.

Intrinsic Value
22.98 HKD
Undervaluation 16%
Intrinsic Value
Price HK$19.35
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