Beijing Urban Construction Investment & Development Co., Ltd.

SHSE:600266 Stock Report

Market Cap: CN¥11.8b

Beijing Urban Construction Investment & Development Valuation

Is 600266 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 600266 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 600266 (CN¥5.69) is trading below our estimate of fair value (CN¥8.77)

Significantly Below Fair Value: 600266 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 600266?

Key metric: As 600266 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 600266. This is calculated by dividing 600266's market cap by their current earnings.
What is 600266's PE Ratio?
PE Ratio32.9x
EarningsCN¥358.88m
Market CapCN¥11.81b

Price to Earnings Ratio vs Peers

How does 600266's PE Ratio compare to its peers?

The above table shows the PE ratio for 600266 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average46x
000620 Macrolink Culturaltainment Development
5.6xn/aCN¥12.3b
000886 Hainan Expressway
72.9xn/aCN¥6.1b
600325 Zhuhai Huafa PropertiesLtd
19x21.3%CN¥18.3b
600657 Cinda Real Estate
86.6xn/aCN¥13.9b
600266 Beijing Urban Construction Investment & Development
32.9x28.7%CN¥11.8b

Price-To-Earnings vs Peers: 600266 is good value based on its Price-To-Earnings Ratio (32.9x) compared to the peer average (46x).

Price to Earnings Ratio vs Industry

How does 600266's PE Ratio compare vs other companies in the CN Real Estate Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
002147 Neoglory prosperity
1xn/aUS$100.99m
No more companies available in this PE range
600266 32.9xIndustry Avg. 49.7xNo. of Companies8PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 600266 is good value based on its Price-To-Earnings Ratio (32.9x) compared to the CN Real Estate industry average (49.7x).

Price to Earnings Ratio vs Fair Ratio

What is 600266'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.

600266 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio32.9x
Fair PE Ratio25.1x

Price-To-Earnings vs Fair Ratio: 600266 is expensive based on its Price-To-Earnings Ratio (32.9x) compared to the estimated Fair Price-To-Earnings Ratio (25.1x).

Analyst Price Targets

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

The above table shows the analyst 600266 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥5.69
CN¥7.92
+39.1%
5.0%CN¥8.45CN¥7.50n/a3
Nov ’25CN¥6.39
CN¥7.78
+21.8%
6.1%CN¥8.45CN¥7.40n/a3
Oct ’25CN¥6.06
CN¥5.97
-1.4%
18.1%CN¥7.50CN¥5.17n/a3
Sep ’25CN¥4.21
CN¥5.34
+26.8%
3.5%CN¥5.60CN¥5.17n/a3
Aug ’25CN¥3.89
CN¥5.34
+37.3%
3.5%CN¥5.60CN¥5.17n/a3
Jul ’25CN¥4.11
CN¥5.34
+29.9%
3.5%CN¥5.60CN¥5.17n/a3
Jun ’25CN¥4.72
CN¥5.34
+13.1%
3.5%CN¥5.60CN¥5.17n/a3
May ’25CN¥3.94
CN¥5.34
+35.5%
3.5%CN¥5.60CN¥5.17n/a3
Apr ’25CN¥4.04
CN¥8.54
+111.5%
16.7%CN¥10.00CN¥6.60n/a3
Mar ’25CN¥4.25
CN¥8.54
+101.0%
16.7%CN¥10.00CN¥6.60n/a3
Feb ’25CN¥4.16
CN¥8.54
+105.4%
16.7%CN¥10.00CN¥6.60n/a3
Jan ’25CN¥4.84
CN¥9.28
+91.7%
5.6%CN¥10.00CN¥8.80n/a3
Dec ’24CN¥5.37
CN¥9.28
+72.7%
5.6%CN¥10.00CN¥8.80n/a3
Nov ’24CN¥5.92
CN¥9.28
+56.7%
5.6%CN¥10.00CN¥8.80CN¥6.393
Oct ’24CN¥6.32
CN¥9.28
+46.8%
5.6%CN¥10.00CN¥8.80CN¥6.063
Sep ’24CN¥6.88
CN¥8.92
+29.6%
1.3%CN¥9.03CN¥8.80CN¥4.212
Aug ’24CN¥7.56
CN¥8.92
+17.9%
1.3%CN¥9.03CN¥8.80CN¥3.892
Jul ’24CN¥5.08
CN¥6.53
+28.4%
1.1%CN¥6.60CN¥6.45CN¥4.112
Jun ’24CN¥4.83
CN¥5.99
+23.9%
7.8%CN¥6.45CN¥5.52CN¥4.722
May ’24CN¥4.66
CN¥5.99
+28.4%
7.8%CN¥6.45CN¥5.52CN¥3.942
Apr ’24CN¥4.44
CN¥5.99
+34.8%
7.8%CN¥6.45CN¥5.52CN¥4.042
Mar ’24CN¥5.14
CN¥5.73
+11.5%
12.6%CN¥6.45CN¥5.01CN¥4.252
Feb ’24CN¥4.54
CN¥4.33
-4.6%
9.9%CN¥4.76CN¥3.90CN¥4.162
Jan ’24CN¥4.65
CN¥4.33
-6.9%
9.9%CN¥4.76CN¥3.90CN¥4.842
Dec ’23CN¥5.17
CN¥4.33
-16.2%
9.9%CN¥4.76CN¥3.90CN¥5.372
Nov ’23CN¥3.36
CN¥4.33
+28.9%
9.9%CN¥4.76CN¥3.90CN¥5.922

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

Discover undervalued companies

Gemdale

CN¥24.0b

Engages in the real estate development business in China and internationally.

600383

CN¥5.31

7D

-4.0%

1Y

-7.8%

Shenzhen Kingkey Smart Agriculture TimesLtd

CN¥8.5b

Engages in the real estate and breeding businesses in China.

48

CN¥16.12

7D

-3.1%

1Y

-14.5%

Beijing Urban Construction Investment & Development

CN¥11.8b

Beijing Urban Construction Investment & Development Co., Ltd.

600266

CN¥5.69

7D

-2.4%

1Y

-10.5%