As of 2025-07-11, the Relative Valuation of New Century Real Estate Investment Trust (1275.HK) is (13.47) HKD. This relative valuation is based on P/E multiples. With the latest stock price at 2.01 HKD, the upside of New Century Real Estate Investment Trust based on Relative Valuation is -770.3%.
The range of the Relative Valuation is (10.86) - (17.41) HKD.
Note: valuation result may not be accurate due to the company's negative earnings.
Range | Selected | |
Trailing P/E multiples | 11.3x - 26.0x | 18.3x |
Forward P/E multiples | 16.2x - 26.8x | 22x |
Fair Price | (10.86) - (17.41) | (13.47) |
Upside | -640.5% - -966.1% | -770.3% |
(CNY in millions except Fair Price) | |||
Market Cap (HKD mil) | Trailing P/E | Forward P/E | |
New Century Real Estate Investment Trust | 1,986 | N/A | N/A |
Ichigo Hotel REIT Investment Corp | 2,315 | 9.9x | 20.1x |
Ooedo Onsen Reit Investment Corp | 1,251 | 28.9x | 56.6x |
Mori Trust Hotel Reit Inc | 3,633 | 39.9x | 38.9x |
Frasers Hospitality Trust | 8,304 | 74.1x | 31.2x |
Erawan Hotel Growth Property Fund | 376 | 8.5x | 10.1x |
Luxury Real Estate Investment Fund | 381 | 11.4x | 10.3x |
MFC Patong Heritage Property Fund | 95 | 27.4x | 34.5x |
Far East Hospitality Trust | 7,222 | 25.1x | 23.8x |
YTL Hospitality REIT | 3,518 | 11.2x | 10.1x |
Industry median | 18.3x | 22x | |
(*) Profit after tax | -603 | -606 | |
Equity value | -11,011 | -13,292 | |
(/) Outstanding shares | 988 | 988 | |
Fair price (CNY) | -11 | -13 | |
Fair price (HKD) | -12 | -15 | |