528.HK
Kingdom Holdings Ltd
Price:
1.14
HKD
Volume:
30,000
China | Textiles, Apparel & Luxury Goods
Discounted Cash Flow
Trading Multiples
Peter Lynch Fair Value
Earnings Power Value
Dividend Discount Model
WACC
528.HK DCF Valuation - Growth Exit 5Y
40.5 %
Upside
What is the DCF valuation of 528.HK?
The Discounted Cash Flow (DCF) valuation of Kingdom Holdings Ltd (528.HK) is 1.60 HKD. With the latest stock price at 1.14 HKD, the upside of Kingdom Holdings Ltd based on DCF is 40.5%.
Is 528.HK a buy or a sell?
Based on the latest price of 1.14 HKD and our DCF valuation, Kingdom Holdings Ltd (528.HK) is a buy. Buying 528.HK stocks now will result in a potential gain of 40.5%.
| Range | Selected | |
| WACC / Discount Rate | 6.7% - 9.4% | 8.1% |
| Long-term Growth Rate | 1.0% - 3.0% | 2.0% |
| Fair Price | 0.84 - 3.3 | 1.60 |
| Upside | -26.0% - 189.8% | 40.5% |
1.14 HKD
Stock Price
1.60 HKD
Fair Price
| (CNY in millions) | Projections | |||||
| 12-2024 | 12-2025 | 12-2026 | 12-2027 | 12-2028 | 12-2029 | |
| Revenue | 2,572 | 2,691 | 2,802 | 2,948 | 3,032 | 3,126 |
| % Growth | 5% | 5% | 4% | 5% | 3% | 3% |
| Cost of goods sold | (2,418) | (2,480) | (2,530) | (2,609) | (2,630) | (2,658) |
| % of Revenue | 94% | 92% | 90% | 89% | 87% | 85% |
| Selling, G&A expenses | (147) | (154) | (160) | (168) | (173) | (179) |
| % of Revenue | 6% | 6% | 6% | 6% | 6% | 6% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 |
| % of Revenue | 0% | 0% | 0% | 0% | 0% | 0% |
| Net interest & other expenses | (50) | (53) | (55) | (58) | (59) | (61) |
| % of Revenue | 2% | 2% | 2% | 2% | 2% | 2% |
| Tax expense | 1 | (1) | (15) | (30) | (45) | (61) |
| Tax rate | -1% | 26% | 26% | 26% | 26% | 26% |
| Net profit | (43) | 3 | 42 | 83 | 125 | 168 |
| % Margin | -2% | 0% | 1% | 3% | 4% | 5% |