Henderson Land Development Company Limited (HKG:12) received a lot of attention from a substantial price movement on the SEHK over the last few months, increasing to HK$52.6 at one point, and dropping to the lows of HK$41.15. This high level of volatility gives investors the opportunity to enter into the stock, and potentially buy at an artificially low price. A question to answer is whether Henderson Land Development’s current trading price of HK$42 reflective of the actual value of the large-cap? Or is it currently undervalued, providing us with the opportunity to buy? Let’s take a look at Henderson Land Development’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change.
Source: Simply Wall St.