Caitong Securities Co.,Ltd.

SHSE:601108 Stock Report

Mkt Cap: CN¥35.9b

We’ve recently updated our valuation analysis.

Caitong SecuritiesLtd Valuation

Is 601108 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 601108?

Other financial metrics that can be useful for relative valuation.

601108 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ratio1x

Price to Earnings Ratio vs Peers

How does 601108's PE Ratio compare to its peers?

The above table shows the PE ratio for 601108 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average45.2x
000783 Changjiang Securities
27.5x25.9%CN¥32.1b
002945 ChinaLin Securities
90x19.6%CN¥39.6b
600109 Sinolink Securities
22.9x21.5%CN¥36.7b
601696 BOC International (China)
40.1x24.9%CN¥31.5b
601108 Caitong SecuritiesLtd
17.5x17.5%CN¥35.9b

Price-To-Earnings vs Peers: 601108 is good value based on its Price-To-Earnings Ratio (17.5x) compared to the peer average (45.2x).


Price to Earnings Ratio vs Industry

How does 601108's PE Ratio compare vs other companies in the CN Capital Markets Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a21.3%
n/an/an/a

Price-To-Earnings vs Industry: 601108 is good value based on its Price-To-Earnings Ratio (17.5x) compared to the CN Capital Markets industry average (27.5x)


Price to Earnings Ratio vs Fair Ratio

What is 601108's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

601108 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio17.5x
Fair PE Ratio17.7x

Price-To-Earnings vs Fair Ratio: 601108 is good value based on its Price-To-Earnings Ratio (17.5x) compared to the estimated Fair Price-To-Earnings Ratio (17.7x).


Share Price vs Fair Value

What is the Fair Price of 601108 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 601108 (CN¥7.74) is trading above our estimate of fair value (CN¥5.04)

Significantly Below Fair Value: 601108 is trading above our estimate of fair value.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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