Bosideng International Holdings Ltd
HKEX:3998

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Bosideng International Holdings Ltd
HKEX:3998
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Price: 4.26 HKD -1.84% Market Closed
Market Cap: HK$49.8B

EV/GP

2.4
Current
10%
Cheaper
vs 3-y average of 2.7

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
2.4
=
Enterprise Value
HK$47.7B
/
Gross Profit
¥14.9B

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
2.4
=
Enterprise Value
HK$47.7B
/
Gross Profit
¥14.9B

Valuation Scenarios

Bosideng International Holdings Ltd is trading below its 3-year average

If EV/GP returns to its 3-Year Average (2.7), the stock would be worth HK$4.74 (11% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-38%
Maximum Upside
+73%
Average Upside
17%
Scenario EV/GP Value Implied Price Upside/Downside
Current Multiple 2.4 HK$4.26
0%
3-Year Average 2.7 HK$4.74
+11%
5-Year Average 3 HK$5.16
+21%
Industry Average 1.5 HK$2.64
-38%
Country Average 4.2 HK$7.36
+73%

Forward EV/GP
Today’s price vs future gross profit

Not enough data available to calculate forward EV/GP

Peer Comparison

All Multiples
EV/GP
P/E
All Countries
Close
Market Cap EV/GP P/E
HK
Bosideng International Holdings Ltd
HKEX:3998
50.3B HKD 2.4 12.2
FR
LVMH Moet Hennessy Louis Vuitton SE
PAR:MC
222.6B EUR 4.4 20.1
FR
Hermes International SCA
PAR:RMS
168.5B EUR 13.7 36.7
KR
SBW
KRX:102280
235.5T KRW 8 462.8 -117 637.1
CH
Compagnie Financiere Richemont SA
SIX:CFR
85.8B CHF 6.2 23
FR
EssilorLuxottica SA
PAR:EL
83.7B EUR 5.4 35.7
FR
Christian Dior SE
PAR:CDI
76.1B EUR 1.8 16.6
IN
Titan Company Ltd
NSE:TITAN
3.9T INR 25.1 81.8
FR
Kering SA
PAR:KER
28.5B EUR 3.7 391.1
US
Tapestry Inc
NYSE:TPR
28.7B USD 5.3 55
CN
ANTA Sports Products Ltd
HKEX:2020
232.7B HKD 3.8 14.8

Market Distribution

In line with most companies in Hong Kong
Percentile
35th
Based on 1 375 companies
35th percentile
2.4
Low
0 — 1.9
Typical Range
1.9 — 9
High
9 —
Distribution Statistics
Hong Kong
Min 0
30th Percentile 1.9
Median 4.2
70th Percentile 9
Max 31 061 831.6

Bosideng International Holdings Ltd
Glance View

Bosideng International Holdings Ltd. began its journey from the modest roots of a small workshop in Jiangsu, China, morphing into a global leader in down apparel. Founded in 1976, the company has meticulously crafted its path to success by focusing on high-quality winter wear, leveraging technological innovation and sophisticated design. Bosideng has not only conquered the domestic market but has also expanded its footprint across various international territories, resonating with fashion-conscious consumers who prioritize both warmth and style. This strategic focus on a niche market has enabled Bosideng to carve out a formidable presence in the apparel industry, setting it apart from its rivals and attracting a loyal customer base. The company generates revenue primarily through the design, manufacture, and sale of down jackets, its flagship product, which accounts for a significant portion of its income. Operating under a multi-brand strategy, Bosideng tailors its offerings to different consumer segments under various labels, enhancing its market penetration and brand recognition. It capitalizes on a vertically integrated business model, overseeing every stage from production to retail, which ensures quality control and operational efficiency. By consistently reinvesting in research and development, Bosideng stays ahead of fashion trends and consumer preferences, maintaining its competitive edge in a rapidly evolving market. This dedication to innovation and excellence has helped the company sustain growth and profitability, even amidst the fluctuating dynamics of the global apparel industry.

Intrinsic Value
7.17 HKD
Undervaluation 41%
Intrinsic Value
Price HK$4.26
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