Risk factor
High price volatility
Profitability factor
Strong margins and returns
About
XD Inc., an investment holding company, develops, publishes, operates, and distributes mobile and web games in Mainland China and internationally. It operates through the Game and TapTap platform segments. The company operates TapTap, a game community and platform that provides online marketing services to game developers, and game publishers or their agents, as well as provides information services. Its game portfolio comprises online games and premium games. In addition, the company is involved in the catering business; and invests in game development entities. XD Inc. was founded in 2011 and is headquartered in Shanghai, the People’s Republic of China.
Company Valuation
From both historical and forecast perspectives, the stock is fairly priced compared to similar stocks. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBITDA
Target Price
The average target price of 2400.HK is 68.5 and suggests 73.8% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to i