New World Development Co Ltd
HKEX:17
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EV/EBITDA
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.
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.
Valuation Scenarios
If EV/EBITDA returns to its 3-Year Average (11.5), the stock would be worth HK$-5.81 (166% downside from current price).
| Scenario | EV/EBITDA Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | -17.4 | HK$8.82 |
0%
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| 3-Year Average | 11.5 | HK$-5.81 |
-166%
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| 5-Year Average | 16.8 | HK$-8.47 |
-196%
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| Industry Average | 13.8 | HK$-7 |
-179%
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| 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 | ||
|---|---|---|---|---|
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HK$146.9B
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/ |
Jan 2026
HK$-8.3B
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= |
|
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HK$146.9B
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/ |
Jun 2026
HK$6.7B
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= |
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HK$146.9B
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/ |
Jun 2027
HK$7.2B
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= |
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HK$146.9B
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/ |
Jun 2028
HK$7.5B
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= |
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Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.
Peer Comparison
| Market Cap | EV/EBITDA | P/E | ||||
|---|---|---|---|---|---|---|
| HK |
|
New World Development Co Ltd
HKEX:17
|
22.2B HKD | -17.4 | -1.6 | |
| VN |
V
|
Vingroup JSC
VN:VIC
|
1 492.7T VND | 44.9 | 110.9 | |
| HK |
|
Sun Hung Kai Properties Ltd
HKEX:16
|
401.1B HKD | 17.3 | 18.2 | |
| JP |
|
Mitsubishi Estate Co Ltd
TSE:8802
|
5.6T JPY | 16.5 | 23.1 | |
| JP |
|
Mitsui Fudosan Co Ltd
TSE:8801
|
4.8T JPY | 14.3 | 14.8 | |
| JP |
|
Sumitomo Realty & Development Co Ltd
TSE:8830
|
4.4T JPY | 21.5 | 19.9 | |
| JP |
|
Daiwa House Industry Co Ltd
TSE:1925
|
3T JPY | 8.1 | 9.7 | |
| IN |
|
DLF Ltd
NSE:DLF
|
1.5T INR | 70.9 | 34.1 | |
| HK |
|
Swire Pacific Ltd
HKEX:19
|
116.5B HKD | 10.6 | 39.6 | |
| HK |
W
|
Wharf Holdings Ltd
HKEX:4
|
69.7B HKD | 11.3 | 1 393.5 | |
| CN |
|
Shanghai Zhangjiang Hi-Tech Park Development Co Ltd
SSE:600895
|
58.4B CNY | 59.6 | 60.9 |
Market Distribution
| Min | 0 |
| 30th Percentile | 4.8 |
| Median | 9.6 |
| 70th Percentile | 14.9 |
| Max | 9 749.3 |
Other Multiples
New World Development Co Ltd
Glance View
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.