Bosideng International Holdings Ltd
HKEX:3998

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Bosideng International Holdings Ltd
HKEX:3998
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Price: 4.26 HKD -1.84% Market Closed
Market Cap: HK$49.8B

EV/IC

12.3
Current
181%
More Expensive
vs 3-y average of 4.4

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
12.3
=
Enterprise Value
HK$47.7B
/
Invested Capital
¥3B

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
12.3
=
Enterprise Value
HK$47.7B
/
Invested Capital
¥3B

Valuation Scenarios

Bosideng International Holdings Ltd is trading above its 3-year average

If EV/IC returns to its 3-Year Average (4.4), the stock would be worth HK$1.52 (64% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-97%
Maximum Upside
No Upside Scenarios
Average Downside
82%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 12.3 HK$4.26
0%
3-Year Average 4.4 HK$1.52
-64%
5-Year Average 3.7 HK$1.27
-70%
Industry Average 0.3 HK$0.11
-97%
Country Average 0.5 HK$0.18
-96%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
Close
Market Cap EV/IC P/E
HK
Bosideng International Holdings Ltd
HKEX:3998
49.3B HKD 12.3 12.2
FR
LVMH Moet Hennessy Louis Vuitton SE
PAR:MC
224.1B EUR 2 20.6
FR
Hermes International SCA
PAR:RMS
170.2B EUR 15 37.6
KR
SBW
KRX:102280
235.5T KRW 2 224.6 -117 637.1
CH
Compagnie Financiere Richemont SA
SIX:CFR
87.3B CHF 4.1 23.5
FR
EssilorLuxottica SA
PAR:EL
84B EUR 1.5 36.3
FR
Christian Dior SE
PAR:CDI
76.7B EUR 0.8 16.9
IN
Titan Company Ltd
NSE:TITAN
3.9T INR 8.8 81.6
FR
Kering SA
PAR:KER
28.5B EUR 1.1 396.2
DE
Adidas AG
XETRA:ADS
26.3B EUR 1.9 19.7
US
Tapestry Inc
NYSE:TPR
28.9B USD 6.2 55.4
P/E Multiple
Earnings Growth PEG
HK
Bosideng International Holdings Ltd
HKEX:3998
Average P/E: 70
12.2
11%
1.1
FR
LVMH Moet Hennessy Louis Vuitton SE
PAR:MC
20.6
11%
1.9
FR
Hermes International SCA
PAR:RMS
37.6
12%
3.1
KR
SBW
KRX:102280
Negative Multiple: -117 637.1 N/A N/A
CH
Compagnie Financiere Richemont SA
SIX:CFR
23.5
16%
1.5
FR
EssilorLuxottica SA
PAR:EL
36.3
26%
1.4
FR
Christian Dior SE
PAR:CDI
16.9
N/A N/A
IN
Titan Company Ltd
NSE:TITAN
81.6
32%
2.6
FR
Kering SA
PAR:KER
396.2
186%
2.1
DE
Adidas AG
XETRA:ADS
19.7
23%
0.9
US
Tapestry Inc
NYSE:TPR
55.4
107%
0.5

Market Distribution

Higher than 95% of companies in Hong Kong
Percentile
95th
Based on 1 589 companies
95th percentile
12.3
Low
0 — 0.3
Typical Range
0.3 — 0.9
High
0.9 —
Distribution Statistics
Hong Kong
Min 0
30th Percentile 0.3
Median 0.5
70th Percentile 0.9
Max 59 382.5

Bosideng International Holdings Ltd
Glance View

Bosideng International Holdings Ltd. began its journey from the modest roots of a small workshop in Jiangsu, China, morphing into a global leader in down apparel. Founded in 1976, the company has meticulously crafted its path to success by focusing on high-quality winter wear, leveraging technological innovation and sophisticated design. Bosideng has not only conquered the domestic market but has also expanded its footprint across various international territories, resonating with fashion-conscious consumers who prioritize both warmth and style. This strategic focus on a niche market has enabled Bosideng to carve out a formidable presence in the apparel industry, setting it apart from its rivals and attracting a loyal customer base. The company generates revenue primarily through the design, manufacture, and sale of down jackets, its flagship product, which accounts for a significant portion of its income. Operating under a multi-brand strategy, Bosideng tailors its offerings to different consumer segments under various labels, enhancing its market penetration and brand recognition. It capitalizes on a vertically integrated business model, overseeing every stage from production to retail, which ensures quality control and operational efficiency. By consistently reinvesting in research and development, Bosideng stays ahead of fashion trends and consumer preferences, maintaining its competitive edge in a rapidly evolving market. This dedication to innovation and excellence has helped the company sustain growth and profitability, even amidst the fluctuating dynamics of the global apparel industry.

Intrinsic Value
7.17 HKD
Undervaluation 41%
Intrinsic Value
Price HK$4.26
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