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home / news releases / HLDCY - Henderson Land: Relative Undervaluation Is Fair


HLDCY - Henderson Land: Relative Undervaluation Is Fair

  • Henderson Land's pace of farmland asset monetization in 2020 was significantly slower as compared to 2019, and this likely disappointed the market.
  • Henderson Land deserves a larger conglomerate discount as compared to its peers, given the company's significant non-real estate businesses.
  • The market values Henderson Land at 0.54 times P/B, and it offers a consensus forward FY 2021 dividend yield of 5.0%.

For further details see:

Henderson Land: Relative Undervaluation Is Fair
Stock Information

Company Name: Henderson Land Development Co. Ltd. ADR
Stock Symbol: HLDCY
Market: OTC

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