Risk factor
Very high price volatility
Profitability factor
Undervalued vs peers
About
New City Development Group Limited operates as an investment holding firm, with its main activities centered on property development and investments across the People's Republic of China. The company also diversifies its operations through bus sales, the provision of general management services, and the management of supermarket businesses. Established in 1998, the organization was previously known as New City (China) Development Limited before officially changing its name to New City Development Group Limited in May 2012. Its corporate headquarters are located in Kwun Tong, Hong Kong.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. Specifically, the stock is underpriced on P/FCF.