Sun Hung Kai Properties Ltd
HKEX:16
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EV/S
Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.
Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.
Valuation Scenarios
If EV/S returns to its 3-Year Average (4.6), the stock would be worth HK$124.88 (9% downside from current price).
| Scenario | EV/S Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 5 | HK$137.5 |
0%
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| 3-Year Average | 4.6 | HK$124.88 |
-9%
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| 5-Year Average | 4.4 | HK$120.88 |
-12%
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| Industry Average | 4.1 | HK$111.84 |
-19%
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| Country Average | 1.4 | HK$38.24 |
-72%
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Forward EV/S
Today’s price vs future revenue
| Today's Enterprise Value | Revenue | Forward EV/S | ||
|---|---|---|---|---|
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HK$445.3B
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/ |
Jan 2026
HK$92.5B
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= |
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HK$445.3B
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/ |
Jun 2026
HK$89.7B
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= |
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HK$445.3B
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/ |
Jun 2027
HK$84.4B
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= |
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HK$445.3B
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/ |
Jun 2028
HK$90B
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= |
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HK$445.3B
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/ |
Jun 2029
HK$104B
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= |
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HK$445.3B
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/ |
Jun 2030
HK$111.5B
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= |
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Forward EV/S shows whether today’s EV/S still looks high or low once future revenue are taken into account.
Peer Comparison
| Market Cap | EV/S | P/E | ||||
|---|---|---|---|---|---|---|
| HK |
|
Sun Hung Kai Properties Ltd
HKEX:16
|
395.3B HKD | 5 | 18.1 | |
| VN |
V
|
Vingroup JSC
VN:VIC
|
1 640.3T VND | 5.9 | 164 | |
| JP |
|
Mitsubishi Estate Co Ltd
TSE:8802
|
5.5T JPY | 4.2 | 22.7 | |
| JP |
|
Mitsui Fudosan Co Ltd
TSE:8801
|
4.7T JPY | 2.9 | 14.4 | |
| JP |
|
Sumitomo Realty & Development Co Ltd
TSE:8830
|
4.4T JPY | 7.9 | 20.2 | |
| JP |
|
Daiwa House Industry Co Ltd
TSE:1925
|
3T JPY | 1 | 9.6 | |
| IN |
|
DLF Ltd
NSE:DLF
|
1.5T INR | 14.6 | 33 | |
| HK |
|
Swire Pacific Ltd
HKEX:19
|
113.6B HKD | 1.8 | 38.8 | |
| HK |
W
|
Wharf Holdings Ltd
HKEX:4
|
72.4B HKD | 6.2 | 1 448.5 | |
| CN |
|
Shanghai Zhangjiang Hi-Tech Park Development Co Ltd
SSE:600895
|
55.6B CNY | 18.2 | 57.9 | |
| JP |
|
Daito Trust Construction Co Ltd
TSE:1878
|
1.2T JPY | 0.6 | 12.5 |
Market Distribution
| Min | 0 |
| 30th Percentile | 0.6 |
| Median | 1.4 |
| 70th Percentile | 3.5 |
| Max | 59 382.5 |
Other Multiples
Sun Hung Kai Properties Ltd
Glance View
Sun Hung Kai Properties Ltd., a towering presence in Hong Kong's real estate landscape, was founded in the early 1970s by the visionary Kwok family. Crafted from the city's characteristic blend of tradition and modernity, the company has intricately woven itself into the urban fabric, becoming synonymous with high-quality residential, commercial, and retail developments. Over the decades, it has evolved from its humble beginnings, laying brick by brick the foundations of an empire that goes beyond mere concrete structures. At its core, Sun Hung Kai Properties operates by adhering to meticulous standards of quality and innovation. This commitment is reflected in its diverse portfolio, spanning grand skyscrapers that pierce Hong Kong's skyline to lush residential complexes that offer a serene escape from the bustling urban life. Key to Sun Hung Kai's financial prowess is its strategic business model, which pivots on the pillars of property development and investment holding. The company efficiently capitalizes on Hong Kong's dense population and limited land resources, making it a master orchestrator in a high-demand market for residential and commercial spaces. Income streams flow abundantly not only from sales of newly developed properties but also from rental incomes from a vast array of properties retained in its investment portfolio. Furthermore, with distinct business segments like property management, hotel operations, and telecommunications, Sun Hung Kai fortifies its revenue base, ensuring a steady cash flow that supports its growth ambitions. This multifaceted approach cultivates a stable ecosystem that not only underpins its financial strength but also positions Sun Hung Kai Properties as a guardian of Hong Kong's real estate heritage and future.