| Valuation method | Value, £ | Upside, % |
|---|---|---|
| Artificial intelligence (AI) | n/a | n/a |
| Intrinsic value (DCF) | n/a | |
| Graham-Dodd Method | n/a | |
| Graham Formula | n/a |
Hidong Estate Plc is a Malaysia-based company listed on the London Stock Exchange under the ticker HID.L. Originally incorporated in 1923, the company was historically engaged in the production of natural rubber and oil palm fresh fruit bunches. However, as of its latest financial reporting, Hidong Estate Plc no longer maintains significant operational activities and is classified under the Shell Companies industry within the Financial Services sector. The company is headquartered in Georgetown, Malaysia, and currently holds a market capitalization of approximately £1.71 million. With no revenue reported for the fiscal year ending March 31, 2023, Hidong Estate's financials reflect a net income of £43,820 and a diluted EPS of 0.0026 GBp. The company maintains a strong cash position with £6.57 million in cash and equivalents and no debt, but its operating cash flow was negative at £4.19 million, indicating limited ongoing business activity. Investors should note that Hidong Estate does not pay dividends, and its beta of 0 suggests minimal correlation with broader market movements.
Hidong Estate Plc presents a unique case for investors due to its lack of significant operations and its classification as a shell company. The company's strong cash position (£6.57 million) and absence of debt provide a degree of financial stability, but the negative operating cash flow (£4.19 million) raises concerns about its ability to sustain itself without operational income. The net income of £43,820 and diluted EPS of 0.0026 GBp are minimal, reflecting the company's inactive status. Given its shell company classification, Hidong Estate may be attractive to investors looking for a potential acquisition or reverse merger target, but it carries inherent risks due to its lack of revenue-generating activities. The stock's beta of 0 indicates it may not follow broader market trends, which could appeal to those seeking uncorrelated assets, but this also suggests limited liquidity and investor interest. Prospective investors should closely monitor any announcements regarding potential business reactivation or strategic shifts.
Hidong Estate Plc operates in the Shell Companies industry, a niche segment with limited direct competition. As a non-operational entity, its competitive positioning is largely defined by its financial reserves and potential for future reactivation or acquisition. The company's historical background in natural rubber and oil palm production does not currently contribute to its competitive advantage, as it no longer engages in these activities. Its primary 'competitors' would be other shell companies or special purpose acquisition companies (SPACs) listed on the London Stock Exchange, though Hidong Estate's small market cap (£1.71 million) and lack of operational focus place it at a disadvantage compared to larger, more active shell companies with clearer strategic directions. The company's competitive edge lies solely in its clean balance sheet (no debt and £6.57 million in cash), which could make it an attractive vehicle for a reverse takeover or as a holding company. However, without a defined business model or revenue stream, Hidong Estate lacks the operational advantages that typically drive investor interest in more dynamic shell companies or SPACs. Its geographic base in Malaysia offers no discernible competitive benefit given its inactive status and London listing.