€0.89
0.75% yesterday
L&S, Jul 05, 10:55 pm CET
ISIN
HK0000608585
Symbol
17
Index
Sector
Industry

New World Development Co. Ltd. Target price 2024 - Analyst rating & recommendation

New World Development Co. Ltd. Classifications & Recommendation:

Buy
10%
Hold
20%
Sell
70%

New World Development Co. Ltd. Price Target

Target Price HKD7.69
Price HKD7.54
Potential
Number of Estimates 9
9 Analysts have issued a price target New World Development Co. Ltd. 2025 . The average New World Development Co. Ltd. target price is HKD7.69. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 10 analysts: 1 Analysts recommend New World Development Co. Ltd. to buy, 2 to hold and 7 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the New World Development Co. Ltd. stock has an average upside potential 2025 of . Most analysts recommend the New World Development Co. Ltd. stock at Sale.

Sales and Margin forecast 2024, 2025 & 2026

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Jun '23 2024
Estimates
Revenue Billion HKD 95.55 41.35
39.10% 56.72%
EBITDA Margin 14.56% 25.69%
10.86% 76.45%
Net Margin 0.95% 2.10%
48.24% 121.48%

7 Analysts have issued a sales forecast New World Development Co. Ltd. 2024 . The average New World Development Co. Ltd. sales estimate is

HKD41.4b
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. This is
43.06% lower
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than the revenue of the last 12 months(TTM). The highest sales forecast is
HKD51.9b 28.56%
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, the lowest is
HKD20.6b 71.65%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 HKD95.6b 39.10%
2024
HKD41.4b 56.72%
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2025
HKD34.8b 15.89%
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2026
HKD34.5b 0.93%
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7 Analysts have issued an New World Development Co. Ltd. EBITDA forecast 2024. The average New World Development Co. Ltd. EBITDA estimate is

HKD10.6b
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. This is
16.02% lower
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
HKD15.5b 22.66%
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, the lowest is
HKD4.6b 63.87%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 HKD13.9b 23.98%
2024
HKD10.6b 23.62%
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2025
HKD8.9b 16.67%
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2026
HKD11.2b 27.03%
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EBITDA Margin

2023 14.56% 10.86%
2024
25.69% 76.45%
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2025
25.46% 0.90%
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2026
32.64% 28.20%
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3 New World Development Co. Ltd. Analysts have issued a net profit forecast 2024. The average New World Development Co. Ltd. net profit estimate is

HKD867m
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. This is
49.80% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
HKD1.3b 132.98%
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, the lowest is
HKD576m 0.46%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 HKD906m 28.00%
2024
HKD867m 4.29%
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2025
HKD918m 5.84%
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2026
HKD1.8b 101.08%
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Net Margin

2023 0.95% 48.24%
2024
2.10% 121.48%
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2025
2.64% 25.71%
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2026
5.36% 103.03%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026

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Jun '23 2024
Estimates
Earnings Per Share HKD 0.36 0.34
28.00% 5.56%
P/E 21.88
EV/Sales 4.60

3 Analysts have issued a New World Development Co. Ltd. forecast for earnings per share. The average New World Development Co. Ltd. <a href=/blog/eps>EPS is

HKD0.34
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. This is
47.83% higher
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than earnings per share in the financial year 2023. The highest <a href=/blog/eps>EPS forecast is
HKD0.54 134.78%
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, the lowest is
HKD0.23 0.00%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 HKD0.36 28.00%
2024
HKD0.34 5.56%
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2025
HKD0.36 5.88%
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2026
HKD0.73 102.78%
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P/E ratio

Current 33.04 10.85%
2024
21.88 33.78%
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2025
20.68 5.48%
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2026
10.28 50.29%
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Based on analysts' sales estimates for 2024, the New World Development Co. Ltd. stock is valued at an <a href=/blog/ev-sales-einfach-erklaert>EV/Sales of

and an <a href=/blog/kurs-umsatz-verhaeltnis-kuv-einfach-erklaert>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 2.62 22.71%
2024
4.60 75.62%
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2025
5.47 18.90%
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2026
5.52 0.93%
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P/S ratio

Current 0.26 60.61%
2024
0.46 75.62%
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2025
0.55 18.89%
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2026
0.55 0.93%
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