Risk factor
Considerable default risk
Profitability factor
Very poor margins and returns
About
New World Development Company Limited, an investment holding company, engages in the property development and investment business in Hong Kong and internationally. Its property portfolio comprises residential, retail, office, and industrial properties. The company also provides commercial aircraft leasing services; operates expressways; and constructs residential and commercial projects, as well as provides protection and savings-related...
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. Specifically, the stock is overvalued on EV/EBITDA.
Target Price
The average target price of 0017.HK is 5.7 and suggests 22% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to d
Buy
Sell