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Kingboard Laminates Holdings Ltd
HKEX:1888

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Kingboard Laminates Holdings Ltd
HKEX:1888
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Price: 34.14 HKD 10.63% Market Closed
Market Cap: HK$107B

EV/EBIT

37.7
Current
201%
More Expensive
vs 3-y average of 12.5

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

EV/EBIT
37.7
=
Enterprise Value
HK$69.9B
/
EBIT
HK$2.8B

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

EV/EBIT
37.7
=
Enterprise Value
HK$69.9B
/
EBIT
HK$2.8B

Valuation Scenarios

Kingboard Laminates Holdings Ltd is trading above its 3-year average

If EV/EBIT returns to its 3-Year Average (12.5), the stock would be worth HK$11.32 (67% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-79%
Maximum Upside
No Upside Scenarios
Average Downside
73%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple 37.7 HK$34.14
0%
3-Year Average 12.5 HK$11.32
-67%
5-Year Average 9.9 HK$8.96
-74%
Industry Average 8 HK$7.27
-79%
Country Average 10.3 HK$9.31
-73%

Forward EV/EBIT
Today’s price vs future ebit

Today's Enterprise Value EBIT Forward EV/EBIT
HK$69.9B
/
Jan 2026
HK$2.8B
=
37.7
Current
HK$69.9B
/
Dec 2026
HK$4.3B
=
16.4
Forward
HK$69.9B
/
Dec 2027
HK$5.6B
=
12.4
Forward
HK$69.9B
/
Dec 2028
HK$8B
=
8.7
Forward

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

Peer Comparison

All Multiples
EV/EBIT
P/E
All Countries
Close

Market Distribution

Higher than 87% of companies in Hong Kong
Percentile
87th
Based on 1 277 companies
87th percentile
37.7
Low
0 — 5.4
Typical Range
5.4 — 15.8
High
15.8 —
Distribution Statistics
Hong Kong
Min 0
30th Percentile 5.4
Median 10.3
70th Percentile 15.8
Max 9 749.3

Kingboard Laminates Holdings Ltd
Glance View

Kingboard Laminates Holdings Ltd. stands as a pivotal player in the global laminates industry with a storied history rooted in relentless innovation and strategic expansion. Emerging as a force in the 1980s, the company leveraged the burgeoning demand for printed circuit board (PCB) materials, which are integral to a wide array of electronic devices. Headquartered in Hong Kong, Kingboard Laminates carved its niche by producing high-quality laminates, which serve as the backbone for PCBs. These laminates are essential in providing a stable base and protective shielding for electronic components, ensuring durability and efficiency. Through vertical integration, the company not only dominates the market with its laminates but also manufactures its core raw materials, ensuring cost-effectiveness and streamlined production processes. The economic engine powering Kingboard Laminates is its strategic control over the value chain. By producing everything from copper foil to phenolic and epoxy resins in-house, the company mitigates supply chain disruptions and optimizes its profit margins. Additionally, this self-reliance in raw material production allows for significant pricing flexibility, enabling the company to maintain a competitive edge in an industry characterized by thin margins and high competition. The focus on research and development further propels Kingboard Laminates' growth, as it continually adapts to the evolving technological landscape and environmental standards, responding proactively to the shifting demands of global tech giants that rely on its products.

Intrinsic Value
12.89 HKD
Overvaluation 62%
Intrinsic Value
Price HK$34.14
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