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ESR Cayman Ltd
HKEX:1821

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ESR Cayman Ltd
HKEX:1821
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Price: 596 HKD Market Closed
Market Cap: HK$54.9B

P/B

1
Current
5 282%
More Expensive
vs 3-y average of 0

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1
=
Market Cap
HK$54.9B
/
Total Equity
$7.2B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1
=
Market Cap
HK$54.9B
/
Total Equity
$7.2B

Valuation Scenarios

ESR Cayman Ltd is trading above its 3-year average

If P/B returns to its 3-Year Average (0), the stock would be worth HK$11.07 (98% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-98%
Maximum Upside
No Upside Scenarios
Average Downside
72%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 1 HK$596
0%
3-Year Average 0 HK$11.07
-98%
5-Year Average 0 HK$13.4
-98%
Industry Average 0.3 HK$182.05
-69%
Country Average 0.8 HK$471.2
-21%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close

Market Distribution

In line with most companies in Hong Kong
Percentile
58th
Based on 1 630 companies
58th percentile
1
Low
0 — 0.5
Typical Range
0.5 — 1.3
High
1.3 —
Distribution Statistics
Hong Kong
Min 0
30th Percentile 0.5
Median 0.8
70th Percentile 1.3
Max 2 018.4

ESR Cayman Ltd
Glance View

Market Cap
54.9B HKD
Industry
Real Estate

ESR Cayman Ltd., a behemoth born from the convergence of demand in the logistics and warehousing industry, has cultivated its presence across the Asia-Pacific region with remarkable astuteness. Emerging as a force from the merger of e-Shang and Redwood, this logistics real estate developer and fund manager capitalizes on the exponential growth of e-commerce and the need for modern, efficient distribution hubs. The company’s foundation is reminiscent of a finely-tuned machine, designed to capture the escalating demand for state-of-the-art logistics facilities. By deploying capital into strategic locations across countries like China, Japan, South Korea, and Australia, ESR Cayman Ltd. ensures that it is at the forefront of supporting supply chain efficiencies for global giants in retail and manufacturing. Central to ESR's business strategy is its dual focus on development and fund management, which creates a robust revenue stream. On one hand, the company acquires and develops prime real estate assets, adding value through enhancements tailored to logistics needs. On the other, ESR harnesses its fund management prowess by involving institutional investors, allowing it to capitalize on the appetite for returns in real estate. Its development arm provides the tangible assets and infrastructure, while fund management offers access to capital, reducing risk and promoting growth. This synergistic operation enables ESR to not just ride the wave of e-commerce but to anchor it, positioning the company as a pivotal player in the logistics real estate landscape.

Intrinsic Value
231.12 HKD
Overvaluation 61%
Intrinsic Value
Price HK$596
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