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Four Seas Mercantile Holdings Ltd
HKEX:374

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Four Seas Mercantile Holdings Ltd
HKEX:374
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Price: 2.51 HKD -0.4% Market Closed
Market Cap: HK$953.9m

EV/EBITDA

9
Current
76%
More Expensive
vs 3-y average of 5.1

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

EV/EBITDA
9
=
Enterprise Value
HK$688.6m
/
EBITDA
HK$67.8m

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

EV/EBITDA
9
=
Enterprise Value
HK$688.6m
/
EBITDA
HK$67.8m

Valuation Scenarios

Four Seas Mercantile Holdings Ltd is trading above its 3-year average

If EV/EBITDA returns to its 3-Year Average (5.1), the stock would be worth HK$1.42 (43% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-66%
Maximum Upside
+7%
Average Downside
41%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 9 HK$2.51
0%
3-Year Average 5.1 HK$1.42
-43%
5-Year Average 3.1 HK$0.86
-66%
Industry Average 3.3 HK$0.92
-63%
Country Average 9.6 HK$2.68
+7%

Forward EV/EBITDA
Today’s price vs future ebitda

Not enough data available to calculate forward EV/EBITDA

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close
Market Cap EV/EBITDA P/E
HK
Four Seas Mercantile Holdings Ltd
HKEX:374
954m HKD 9 342.9
JP
Goyo Foods Industry Co Ltd
TSE:2230
53.2T JPY 186 542.5 540 752.8
CH
Nestle SA
SIX:NESN
194.3B CHF 14 22.8
US
Mondelez International Inc
NASDAQ:MDLZ
74B USD 18.3 30.2
FR
Danone SA
PAR:BN
43.6B EUR 9.8 24
ZA
Tiger Brands Ltd
JSE:TBS
49.6B ZAR 9.6 13
US
Hershey Co
NYSE:HSY
39B USD 21.4 44.1
CN
Muyuan Foods Co Ltd
SZSE:002714
244.3B CNY 15.3 15.4
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
232.6B CNY 24.8 33
ZA
Avi Ltd
JSE:AVI
33.7B ZAR 8.9 13.1
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
23.3B CHF 19.2 32.5

Market Distribution

In line with most companies in Hong Kong
Percentile
48th
Based on 1 325 companies
48th percentile
9
Low
0 — 4.8
Typical Range
4.8 — 14.9
High
14.9 —
Distribution Statistics
Hong Kong
Min 0
30th Percentile 4.8
Median 9.6
70th Percentile 14.9
Max 9 749.3

Four Seas Mercantile Holdings Ltd
Glance View

Market Cap
953.9m HKD
Industry
Food Products

Four Seas Mercantile Holdings Ltd. is an investment company, which engages in the food enterprises. The company employs 2,900 full-time employees The firm operates through two segments. The Hong Kong segment is engaged in the operation of restaurants, the manufacture and trading of snack foods, confectionery, beverages, frozen food products, ham and ham-related products and noodles, as well as the retailing of snack foods, confectionery and beverages. The Mainland China segment is engaged in the operation of restaurants and the manufacture and trading of snack foods, confectionery, beverages, frozen food products, noodles, poultry products, ham and ham-related products. The firm is also engaged in the processing of chestnuts, the trading of food materials and the provision of transportation services.

Intrinsic Value
2.92 HKD
Undervaluation 14%
Intrinsic Value
Price HK$2.51
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