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ESR Cayman Ltd
HKEX:1821

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ESR Cayman Ltd
HKEX:1821
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Price: 596 HKD Market Closed
Market Cap: HK$54.9B

EV/OCF

40.3
Current
0%
More Expensive
vs 3-y average of 40.2

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
40.3
=
Enterprise Value
HK$90.7B
/
Operating Cash Flow
$288m

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
40.3
=
Enterprise Value
HK$90.7B
/
Operating Cash Flow
$288m

Valuation Scenarios

ESR Cayman Ltd is trading above its 3-year average

If EV/OCF returns to its 3-Year Average (40.2), the stock would be worth HK$595.4 (0% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-82%
Maximum Upside
No Upside Scenarios
Average Downside
49%
Scenario EV/OCF Value Implied Price Upside/Downside
Current Multiple 40.3 HK$596
0%
3-Year Average 40.2 HK$595.4
0%
5-Year Average 22.6 HK$335.02
-44%
Industry Average 11.4 HK$168.64
-72%
Country Average 7.4 HK$109.74
-82%

Forward EV/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward EV/OCF

Peer Comparison

All Multiples
EV/OCF
P/E
All Countries
Close

Market Distribution

Higher than 89% of companies in Hong Kong
Percentile
89th
Based on 1 314 companies
89th percentile
40.3
Low
0 — 4
Typical Range
4 — 12.2
High
12.2 —
Distribution Statistics
Hong Kong
Min 0
30th Percentile 4
Median 7.4
70th Percentile 12.2
Max 20 343.5

ESR Cayman Ltd
Glance View

Market Cap
54.9B HKD
Industry
Real Estate

ESR Cayman Ltd., a behemoth born from the convergence of demand in the logistics and warehousing industry, has cultivated its presence across the Asia-Pacific region with remarkable astuteness. Emerging as a force from the merger of e-Shang and Redwood, this logistics real estate developer and fund manager capitalizes on the exponential growth of e-commerce and the need for modern, efficient distribution hubs. The company’s foundation is reminiscent of a finely-tuned machine, designed to capture the escalating demand for state-of-the-art logistics facilities. By deploying capital into strategic locations across countries like China, Japan, South Korea, and Australia, ESR Cayman Ltd. ensures that it is at the forefront of supporting supply chain efficiencies for global giants in retail and manufacturing. Central to ESR's business strategy is its dual focus on development and fund management, which creates a robust revenue stream. On one hand, the company acquires and develops prime real estate assets, adding value through enhancements tailored to logistics needs. On the other, ESR harnesses its fund management prowess by involving institutional investors, allowing it to capitalize on the appetite for returns in real estate. Its development arm provides the tangible assets and infrastructure, while fund management offers access to capital, reducing risk and promoting growth. This synergistic operation enables ESR to not just ride the wave of e-commerce but to anchor it, positioning the company as a pivotal player in the logistics real estate landscape.

Intrinsic Value
231.12 HKD
Overvaluation 61%
Intrinsic Value
Price HK$596
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