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DPC Dash Ltd
HKEX:1405

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DPC Dash Ltd
HKEX:1405
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Price: 50.4 HKD 5%
Market Cap: HK$6.6B

P/S

1.1
Current
51%
Cheaper
vs 3-y average of 2.2

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
1.1
=
Market Cap
HK$6.7B
/
Revenue
¥5.4B

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
1.1
=
Market Cap
HK$6.7B
/
Revenue
¥5.4B

Valuation Scenarios

DPC Dash Ltd is trading below its 3-year average

If P/S returns to its 3-Year Average (2.2), the stock would be worth HK$103.86 (106% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+154%
Average Upside
124%
Scenario P/S Value Implied Price Upside/Downside
Current Multiple 1.1 HK$50.4
0%
3-Year Average 2.2 HK$103.86
+106%
5-Year Average 2.2 HK$103.86
+106%
Industry Average 2.5 HK$115.27
+129%
Country Average 2.8 HK$128.2
+154%

Forward P/S
Today’s price vs future revenue

Today's Market Cap Revenue Forward P/S
HK$6.7B
/
Jan 2026
¥5.4B
=
1.1
Current
HK$6.7B
/
Dec 2026
¥6.7B
=
1
Forward
HK$6.7B
/
Dec 2027
¥8.2B
=
0.8
Forward
HK$6.7B
/
Dec 2028
¥9.5B
=
0.7
Forward

Forward P/S shows whether today’s P/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
P/S
P/E
All Countries
Close
Market Cap P/S P/E
CN
DPC Dash Ltd
HKEX:1405
6.6B HKD 1.1 41.2
US
McDonald's Corp
NYSE:MCD
209.1B USD 7.8 24.4
US
Starbucks Corp
NASDAQ:SBUX
120B USD 3.2 87.6
UK
Compass Group PLC
LSE:CPG
44.8B GBP 0 0.3
US
Yum! Brands Inc
NYSE:YUM
44.2B USD 5.4 28.4
US
Chipotle Mexican Grill Inc
NYSE:CMG
44.3B USD 3.7 28.9
CA
Restaurant Brands International Inc
NYSE:QSR
28B USD 3 36
IN
Eternal Ltd
NSE:ETERNAL
2.2T INR 5.2 971.5
US
Darden Restaurants Inc
NYSE:DRI
23B USD 1.8 20.8
JP
Friendly Corp
TSE:8209
2.9T JPY 0.4 -6.5

Market Distribution

Lower than 77% of companies in China
Percentile
23nd
Based on 7 736 companies
23nd percentile
1.1
Low
0 — 1.5
Typical Range
1.5 — 5.4
High
5.4 —
Distribution Statistics
China
Min 0
30th Percentile 1.5
Median 2.8
70th Percentile 5.4
Max 5 034 353.9

DPC Dash Ltd
Glance View

DPC Dash Ltd. has carved a niche for itself in the competitive landscape of China's quick-service restaurant sector as a formidable franchisee of Domino’s Pizza. The company emerged in 2010, spearheading the rollout of Domino’s branded stores across numerous Chinese cities. Catering to a dynamic urban workforce, DPC Dash zeroes in on consumers who prioritize both speed and quality in their food options. Their business model is intricately built upon the vast reach of Domino's global brand, yet it's uniquely tailored to local tastes and preferences. From crafting enticing promotional deals to refining menu options that integrate traditional Chinese flavors with classic Italian-inspired pizzas, DPC Dash has strategically positioned itself to capture a growing market segment that craves a blend of international appeal with local sensibilities. Revenue streams are diversified primarily through a combination of dine-in services, robust takeaway options, and an efficient delivery system. This multifaceted approach addresses both the social dining experiences desired by some patrons and the convenience imperative for those on the go. Technological innovation underpins their operation, leveraging advanced online ordering systems complemented by data-driven insights that fine-tune customer interactions and improve operational efficiency. By simultaneously enhancing customer satisfaction and streamlining costs, DPC Dash not only boosts its profitability but also fortifies its foothold in the fast-paced Chinese dining ecosystem, navigating the challenges peculiar to the region while steadily expanding its footprint.

Intrinsic Value
114.24 HKD
Undervaluation 56%
Intrinsic Value
Price HK$50.4
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