Wharf Real Estate Investment Company Ltd Relative Valuation - Wharf Real Estate Investment Company Ltd - Alpha Spread
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Wharf Real Estate Investment Company Ltd
HKEX:1997

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Wharf Real Estate Investment Company Ltd
HKEX:1997
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Price: 23.05 HKD 1.1% Market Closed
Market Cap: 70B HKD
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Relative Value

The Relative Value of one Wharf Real Estate Investment Company Ltd stock under the Base Case scenario is 44.37 HKD. Compared to the current market price of 23.05 HKD, Wharf Real Estate Investment Company Ltd is Undervalued by 48%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

Relative Value
Base Case
44.37 HKD
Undervaluation 48%
Relative Value
Price
W
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
90
vs Industry
40
Median 3Y
7.1
Median 5Y
7.1
Industry
3.8
Forward
5.2
vs History
0
vs Industry
34
Median 3Y
-14.8
Median 5Y
-13.1
Industry
16.5
Forward
11.1
vs History
74
vs Industry
39
Median 3Y
13.9
Median 5Y
13.7
Industry
11.1
vs History
vs Industry
31
Median 3Y
14.9
Median 5Y
13.1
Industry
13.1
vs History
90
vs Industry
76
Median 3Y
0.5
Median 5Y
0.5
Industry
0.8
vs History
92
vs Industry
46
Median 3Y
9.8
Median 5Y
9.6
Industry
6.7
Forward
7
vs History
90
vs Industry
57
Median 3Y
14.2
Median 5Y
13.2
Industry
12
vs History
90
vs Industry
57
Median 3Y
16.2
Median 5Y
15.2
Industry
16
Forward
9
vs History
90
vs Industry
57
Median 3Y
16.4
Median 5Y
15.2
Industry
19.2
Forward
9.2
vs History
76
vs Industry
44
Median 3Y
19.2
Median 5Y
19.2
Industry
18.5
vs History
76
vs Industry
39
Median 3Y
19.4
Median 5Y
19.4
Industry
20.1
vs History
90
vs Industry
71
Median 3Y
0.6
Median 5Y
0.6
Industry
0.7

Multiples Across Competitors

Competitors Multiples
Wharf Real Estate Investment Company Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
HK
Wharf Real Estate Investment Company Ltd
HKEX:1997
70B HKD 5.2 36.7 9.1 9.4
PL
Globe Trade Centre SA
JSE:GTC
1.3T Zac 0 0 0 0
DE
Vonovia SE
XETRA:VNA
26B EUR 53.9 -9.2 -36.4 -32.6
PH
SM Prime Holdings Inc
XPHS:SMPH
952.3B PHP 7.2 22.3 15.8 19.3
SE
Sagax AB
STO:SAGA A
126.9B SEK 27.4 56.2 42.5 42.5
SG
Capitaland Investment Ltd
SGX:9CI
15.6B SGD 5.6 85.9 25.2 29.5
DE
Deutsche Wohnen SE
XETRA:DWNI
10.7B EUR 13.5 -56 24.4 39.7
HK
Swire Properties Ltd
HKEX:1972
84.5B HKD 5.8 38.2 14 14
SE
Fastighets AB Balder
STO:BALD B
96.9B SEK 7.8 -17.1 37.8 38.3
TH
Central Pattana PCL
SET:CPN
306.3B THB 6.2 18.2 14.2 20.4
CH
Swiss Prime Site AG
SIX:SPSN
7.3B CHF 11 39.6 29.7 30.2

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