Risk factor
Considerable default risk
Profitability factor
Greatly overvalued vs peers
About
Next Digital Limited, an investment holding company, operates as a multimedia company. It operates through Digital Business and Print Business segments. The Digital Business segment provides Internet advertising, online subscription, and content services, as well as develops mobile games and apps in Hong Kong, Taiwan, and North America. The Print Business segment sells newspapers, books, and magazines; and provides newspapers, books, and magazines printing and advertising services in Hong Kong, Taiwan, North America, Europe, and Australasia. It is also involved in the mobile, platform development, movie production, and mobile commerce businesses, as well as provides promotion and management services. The company was formerly known as Next Media Limited and changed its name to Next Digital Limited in October 2015. Next Digital Limited was incorporated in 1981 and is based in Quarry Bay, Hong Kong.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. Specifically, the stock is 'expensive' on P/E, overvalued on EV/EBI