New World Development Co Ltd
HKEX:17

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New World Development Co Ltd
HKEX:17
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Price: 8.82 HKD 3.16%
Market Cap: HK$22.2B

EV/EBITDA

-17.4
Current
252%
Cheaper
vs 3-y average of 11.5

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
-17.4
=
Enterprise Value
HK$146.9B
/
EBITDA
HK$-8.3B

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
-17.4
=
Enterprise Value
HK$146.9B
/
EBITDA
HK$-8.3B

Valuation Scenarios

New World Development Co Ltd is trading above its 3-year average

If EV/EBITDA returns to its 3-Year Average (11.5), the stock would be worth HK$-5.81 (166% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-196%
Maximum Upside
No Upside Scenarios
Average Downside
174%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple -17.4 HK$8.82
0%
3-Year Average 11.5 HK$-5.81
-166%
5-Year Average 16.8 HK$-8.47
-196%
Industry Average 13.8 HK$-7
-179%
Country Average 9.6 HK$-4.84
-155%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
HK$146.9B
/
Jan 2026
HK$-8.3B
=
-17.4
Current
HK$146.9B
/
Jun 2026
HK$6.7B
=
21.9
Forward
HK$146.9B
/
Jun 2027
HK$7.2B
=
20.3
Forward
HK$146.9B
/
Jun 2028
HK$7.5B
=
19.5
Forward

Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close

Market Distribution

Lower than 100% of companies in Hong Kong
Percentile
0th
Based on 1 325 companies
0th percentile
-17.4
Low
0 — 4.8
Typical Range
4.8 — 14.9
High
14.9 —
Distribution Statistics
Hong Kong
Min 0
30th Percentile 4.8
Median 9.6
70th Percentile 14.9
Max 9 749.3

New World Development Co Ltd
Glance View

Market Cap
22.2B HKD
Industry
Real Estate

New World Development Co Ltd is a venerable name in the Asian real estate and infrastructure scene, embodying a tale of ambition and transformation. Established in 1970 by entrepreneur Cheng Yu-tung, the company has evolved into a multifaceted conglomerate with significant influence in the realms of property development, infrastructure, and services. Headquartered in Hong Kong, New World Development stands out for its strategic developments that span commercial, retail, and residential sectors. Central to its business is the creation and sale of real estate projects that resonate with modern urban planning and design aesthetics. From large-scale mixed-use projects in vibrant city districts to innovative residential communities, the company demonstrates a strong ability to capitalize on the enduring demand for quality urban spaces. What sets New World Development apart is its integrated model, allowing it to sustain revenue through a blend of steady rental income from owned properties, alongside profits from property sales. Beyond traditional real estate, the company has diversified its portfolio into infrastructure and logistics, including the operation of roads, telecommunications, and power supply assets. This diversification not only stabilizes cash flow but also positions the company to tap into the growing needs of developing economies across Asia. By intertwining sustainability and innovation with its core operations, New World Development maintains a compelling growth narrative, in which it adeptly balances traditional real estate pursuits with new ventures, showcasing an agile adaptation to the dynamic market landscapes in which it operates.

Intrinsic Value
55.09 HKD
Undervaluation 84%
Intrinsic Value
Price HK$8.82
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