Kerry Properties Ltd
HKEX:683
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EV/IC
Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.
Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.
Valuation Scenarios
If EV/IC returns to its 3-Year Average (0.3), the stock would be worth HK$20.15 (15% downside from current price).
| Scenario | EV/IC Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 0.4 | HK$23.74 |
0%
|
| 3-Year Average | 0.3 | HK$20.15 |
-15%
|
| 5-Year Average | 0.3 | HK$18.77 |
-21%
|
| Industry Average | 0.3 | HK$20.76 |
-13%
|
| Country Average | 0.5 | HK$30.51 |
+29%
|
Forward EV/IC
Today’s price vs future invested capital
Peer Comparison
| Market Cap | EV/IC | P/E | ||||
|---|---|---|---|---|---|---|
| HK |
|
Kerry Properties Ltd
HKEX:683
|
34.5B HKD | 0.4 | 54.5 | |
| VN |
V
|
Vingroup JSC
VN:VIC
|
1 655T VND | 1.9 | 155 | |
| HK |
|
Sun Hung Kai Properties Ltd
HKEX:16
|
393.5B HKD | 0.6 | 17.9 | |
| JP |
|
Mitsubishi Estate Co Ltd
TSE:8802
|
5.3T JPY | 1.1 | 22.1 | |
| JP |
|
Mitsui Fudosan Co Ltd
TSE:8801
|
4.6T JPY | 0.9 | 14.3 | |
| JP |
|
Sumitomo Realty & Development Co Ltd
TSE:8830
|
4.4T JPY | 1.1 | 20 | |
| JP |
|
Daiwa House Industry Co Ltd
TSE:1925
|
2.9T JPY | 0.8 | 9.4 | |
| IN |
|
DLF Ltd
NSE:DLF
|
1.5T INR | 2.3 | 32.8 | |
| HK |
|
Swire Pacific Ltd
HKEX:19
|
114.4B HKD | 0.4 | 38.9 | |
| HK |
W
|
Wharf Holdings Ltd
HKEX:4
|
76B HKD | 0.4 | 1 520.7 | |
| CN |
|
Shanghai Zhangjiang Hi-Tech Park Development Co Ltd
SSE:600895
|
56.7B CNY | 1.6 | 59.1 |
Market Distribution
| Min | 0 |
| 30th Percentile | 0.3 |
| Median | 0.5 |
| 70th Percentile | 0.9 |
| Max | 59 382.5 |
Other Multiples
Kerry Properties Ltd
Glance View
Kerry Properties Ltd., a prominent real estate investment and development enterprise based in Hong Kong, has carved a niche for itself as a master builder in the bustling Asia-Pacific property market. Founded in the 1970s, the company has grown into a powerhouse that intricately weaves residential, commercial, and mixed-use developments across key cities such as Hong Kong, Beijing, and Shanghai. By strategically focusing on locations with high growth prospects, Kerry Properties has built an impressive portfolio that includes upscale residential communities, high-end office towers, and luxury hotels. Its significant investments in mainland China underscore a forward-thinking approach, aiming to capture the booming demand driven by urbanization and economic expansion. Central to Kerry Properties' business model is its ability to create value through holistic property management and development. This is achieved by integrating construction with savvy asset and property management capabilities, ensuring sustainable revenue streams. Beyond building, the company manages a significant roster of premium properties, offering specialized services that enhance the user experience and tenant satisfaction, thus fostering long-term occupancy. The balance of robust development activities and an astute rental portfolio positions Kerry Properties to capitalize on both one-time capital gains from property sales and recurrent income through rentals, crafting a resilient framework to weather the cyclical nature of the real estate market.