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Maoyan Entertainment
HKEX:1896

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Maoyan Entertainment
HKEX:1896
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Price: 5.96 HKD -0.5% Market Closed
Market Cap: HK$6.9B

EV/FCFF

-10.2
Current
378%
Cheaper
vs 3-y average of 3.7

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
-10.2
=
Enterprise Value
HK$4.2B
/
Free Cash Flow to Firm
¥-365.2m

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
-10.2
=
Enterprise Value
HK$4.2B
/
Free Cash Flow to Firm
¥-365.2m

Valuation Scenarios

Maoyan Entertainment is trading above its 3-year average

If EV/FCFF returns to its 3-Year Average (3.7), the stock would be worth HK$-2.15 (136% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-382%
Maximum Upside
No Upside Scenarios
Average Downside
239%
Scenario EV/FCFF Value Implied Price Upside/Downside
Current Multiple -10.2 HK$5.96
0%
3-Year Average 3.7 HK$-2.15
-136%
5-Year Average 6 HK$-3.53
-159%
Industry Average 18.3 HK$-10.72
-280%
Country Average 28.8 HK$-16.83
-382%

Forward EV/FCFF
Today’s price vs future free cash flow to firm

Not enough data available to calculate forward EV/FCFF

Peer Comparison

All Multiples
EV/FCFF
P/E
All Countries
Close
Market Cap EV/FCFF P/E
CN
Maoyan Entertainment
HKEX:1896
6.9B HKD -10.2 10.8
US
Amazon.com Inc
NASDAQ:AMZN
2.9T USD -1 167.2 32
ZA
Naspers Ltd
JSE:NPN
702.2B ZAR 19.9 7.5
CN
Alibaba Group Holding Ltd
NYSE:BABA
314.7B USD -69.9 23.3
CN
PDD Holdings Inc
NASDAQ:PDD
141.8B USD 5.1 9.7
NL
Prosus NV
AEX:PRX
97.7B EUR 67.1 8.5
AR
Mercadolibre Inc
NASDAQ:MELI
90.5B USD 8.4 46.1
UY
MercadoLibre Inc
BMV:MELIN
1.5T MXN 8.2 45.4
US
DoorDash Inc
NASDAQ:DASH
73.2B USD 40.6 81.6
CN
Meituan
HKEX:3690
508.8B HKD -25.8 -19.3
CN
JD.Com Inc
HKEX:9618
369.8B HKD 9.2 16.5
P/E Multiple
Earnings Growth PEG
CN
Maoyan Entertainment
HKEX:1896
Average P/E: 28.2
10.8
10%
1.1
US
Amazon.com Inc
NASDAQ:AMZN
32
19%
1.7
ZA
N
Naspers Ltd
JSE:NPN
7.5
1%
7.5
CN
Alibaba Group Holding Ltd
NYSE:BABA
23.3
11%
2.1
CN
PDD Holdings Inc
NASDAQ:PDD
9.7
16%
0.6
NL
Prosus NV
AEX:PRX
8.5
4%
2.1
AR
Mercadolibre Inc
NASDAQ:MELI
46.1
37%
1.2
UY
MercadoLibre Inc
BMV:MELIN
45.4
36%
1.3
US
D
DoorDash Inc
NASDAQ:DASH
81.6
47%
1.7
CN
Meituan
HKEX:3690
Negative Multiple: -19.3 N/A N/A
CN
JD.Com Inc
HKEX:9618
16.5
8%
2.1

Market Distribution

Lower than 100% of companies in China
Percentile
0th
Based on 4 731 companies
0th percentile
-10.2
Low
0 — 14.5
Typical Range
14.5 — 57
High
57 —
Distribution Statistics
China
Min 0
30th Percentile 14.5
Median 28.8
70th Percentile 57
Max 307 555.7

Maoyan Entertainment
Glance View

Market Cap
6.9B HKD
Industry
Retail

In the bustling world of Chinese cinema, Maoyan Entertainment stands out as a pivotal player, weaving its influence through the vast labyrinth of entertainment avenues. Originally sprouting from the seed of a movie ticket sales platform, Maoyan quickly evolved into a comprehensive entertainment service juggernaut. At its core, it operates as China's leading online ticketing service, where it provides a seamless interface for consumers to purchase tickets for movies, along with promotional services that benefit film producers and distributors alike. Maoyan capitalizes on its massive user base and data analytics to offer targeted marketing solutions, ensuring that films reach their optimal audience. This strategic intertwining of ticketing and marketing not only allows the company to enjoy multiple revenue streams but also cements its reputation as the go-to destination for all things cinema in China. Beyond ticketing, Maoyan has expanded its tentacles into film production and distribution, a testament to its ambition to be more than just a middleman. By co-producing movies and owning intellectual property rights, the company dives right into the creative process, allowing it to share in the financial success of blockbusters while also mitigating risks associated with ticket sales alone. This diversification into the content creation sphere complements its digital presence, driving synergies between its online platforms and production initiatives. As Maoyan continues to navigate the ever-evolving landscape of China's entertainment industry, it combines the robust power of data analytics with strategic partnerships to carve out a niche that keeps film enthusiasts constantly engaging with its offerings.

Intrinsic Value
8.7 HKD
Undervaluation 31%
Intrinsic Value
Price HK$5.96
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