Innovax Holdings Ltd
HKEX:2680

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Innovax Holdings Ltd
HKEX:2680
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Price: 10.69 HKD 10.21% Market Closed
Market Cap: HK$641.4m

P/B

3.1
Current
661%
More Expensive
vs 3-y average of 0.4

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
3.1
=
Market Cap
HK$714m
/
Total Equity
HK$205.2m

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
3.1
=
Market Cap
HK$714m
/
Total Equity
HK$205.2m

Valuation Scenarios

Innovax Holdings Ltd is trading above its 3-year average

If P/B returns to its 3-Year Average (0.4), the stock would be worth HK$1.41 (87% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-87%
Maximum Upside
No Upside Scenarios
Average Downside
80%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 3.1 HK$10.69
0%
3-Year Average 0.4 HK$1.41
-87%
5-Year Average 0.4 HK$1.46
-86%
Industry Average 0.9 HK$2.98
-72%
Country Average 0.8 HK$2.64
-75%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close

Market Distribution

Higher than 86% of companies in Hong Kong
Percentile
86th
Based on 1 630 companies
86th percentile
3.1
Low
0 — 0.5
Typical Range
0.5 — 1.3
High
1.3 —
Distribution Statistics
Hong Kong
Min 0
30th Percentile 0.5
Median 0.8
70th Percentile 1.3
Max 2 018.4

Innovax Holdings Ltd
Glance View

Market Cap
641.4m HKD
Industry
Financial Services

Innovax Holdings Ltd. operates as an investment holding company. The company employs 38 full-time employees The company went IPO on 2018-09-14. The corporate finance advisory services include initial public offerings (IPO) sponsorship services, financial and independent financial advisory services and compliance advisory services, among others. In addition, the Company is also involved in the provision of placing and underwriting services, securities dealing and brokerage services, securities financing services as well as asset management services. The company provides placing and underwriting services by acting as placing or sub-placing agent for issue of new shares by listed companies; and global coordinator or bookrunner or lead manager or underwriter for IPOs of listing applicants.

Intrinsic Value
2.28 HKD
Overvaluation 79%
Intrinsic Value
Price HK$10.69
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