Macau Property Opportunities Fund (“MPO”, or the “Company”) is a closed-end investment fund and the only listed company dedicated to investing in real estate in Macau, the world’s largest gaming market and the only Chinese city in which gaming is permitted. As a member of the Equity Shares in Commercial Companies (“ESCC”) segment of the London Stock Exchange, the Company has historically held multi-segment property assets in Macau and Zhuhai. It has been in divestment mode since 2018. Its current portfolio comprises prime residential assets fair valued at US$152.7 million, which are being progressively divested with the objective of distributing the remaining liquidity to shareholders. MPO is managed by Sniper Capital Limited, an Asia-based property investment manager.
Metrics to compare | MPO | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipMPOPeersSector | |
|---|---|---|---|---|
P/E Ratio | −0.7x | −0.2x | 9.5x | |
PEG Ratio | −0.03 | 0.00 | 0.03 | |
Price/Book | 0.3x | 0.7x | 1.0x | |
Price / LTM Sales | 2.5x | 2.0x | 2.9x | |
Upside (Analyst Target) | - | 11.7% | 14.5% | |
Fair Value Upside | Unlock | 11.0% | 1.1% | Unlock |