8990 Holdings, Inc., through its subsidiaries, develops housing projects in the Philippines. It operates through four segments: Low-Cost Mass Housing, Medium-Rise Condominium Units, High-Rise Condominium, and Hotel Operations. The company develops and sells residential lots and units under Low-Cost Mass Housing segment; condominium units of up to four storeys, and sale of parking spaces under Medium-Rise Condominium segment; condominium units with more than four storeys, and sale of parking spaces under high-Rise Condominium segment; and sells developed subdivision of lots, operates hotels and resorts, and leases the properties. The company was formerly known as IP-Converge Data Center, Inc. and changed its name to 8990 Holdings, Inc. in October 2013. The company was founded in 1991 and is headquartered in Makati City, the Philippines.
Metrics to compare | 8990B | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship Relationship8990BPeersSector | |
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P/E Ratio | 8.4x | 3.3x | 8.4x | |
PEG Ratio | −0.47 | 0.01 | 0.01 | |
Price/Book | 0.8x | 0.4x | 0.9x | |
Price / LTM Sales | 2.4x | 2.2x | 3.7x | |
Upside (Analyst Target) | - | 2.7% | 16.5% | |
Fair Value Upside | Unlock | 12.0% | 2.8% | Unlock |