Shanghai Lujiazui Finance & Trade Zone Development Co.,Ltd.

SHSE:600663 Stock Report

Market Cap: CN¥46.7b

Shanghai Lujiazui Finance & Trade Zone DevelopmentLtd Valuation

Is 600663 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • 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 600663 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 600663 (CN¥10.69) is trading above our estimate of fair value (CN¥5.41)

Significantly Below Fair Value: 600663 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 600663?

Key metric: As 600663 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 600663. This is calculated by dividing 600663's market cap by their current earnings.
What is 600663's PE Ratio?
PE Ratio51.2x
EarningsCN¥1.05b
Market CapCN¥46.69b

Price to Earnings Ratio vs Peers

How does 600663's PE Ratio compare to its peers?

The above table shows the PE ratio for 600663 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average72x
600895 Shanghai Zhangjiang Hi-Tech Park Development
67.6x15.0%CN¥46.0b
600515 Hainan Airport Infrastructure
116.4x37.0%CN¥43.8b
000628 ChengDu Hi-Tech Development
88.5xn/aCN¥20.2b
600208 Quzhou Xin'an Development
15.5x18.2%CN¥25.6b
600663 Shanghai Lujiazui Finance & Trade Zone DevelopmentLtd
51.2x-3.8%CN¥46.7b

Price-To-Earnings vs Peers: 600663 is good value based on its Price-To-Earnings Ratio (51.2x) compared to the peer average (72x).

Price to Earnings Ratio vs Industry

How does 600663'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
600663 51.2xIndustry Avg. 49.3xNo. of Companies9PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 600663 is expensive based on its Price-To-Earnings Ratio (51.2x) compared to the CN Real Estate industry average (49.3x).

Price to Earnings Ratio vs Fair Ratio

What is 600663'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.

600663 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio51.2x
Fair PE Ratio21.5x

Price-To-Earnings vs Fair Ratio: 600663 is expensive based on its Price-To-Earnings Ratio (51.2x) compared to the estimated Fair Price-To-Earnings Ratio (21.5x).

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 600663 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥10.69
CN¥10.17
-4.9%
18.7%CN¥12.80CN¥8.40n/a3
Nov ’25CN¥10.85
CN¥10.17
-6.3%
18.7%CN¥12.80CN¥8.40n/a3
Oct ’25CN¥11.00
CN¥8.90
-19.1%
4.2%CN¥9.30CN¥8.40n/a3
Jul ’25CN¥9.16
CN¥10.55
+15.1%
6.1%CN¥11.19CN¥9.90n/a2
Jun ’25CN¥10.14
CN¥10.55
+4.0%
6.1%CN¥11.19CN¥9.90n/a2
Dec ’24CN¥8.99
CN¥10.55
+17.3%
6.1%CN¥11.19CN¥9.90n/a2
Nov ’24CN¥9.27
CN¥10.55
+13.8%
6.1%CN¥11.19CN¥9.90CN¥10.852
Oct ’24CN¥9.58
CN¥11.10
+15.8%
8.5%CN¥12.20CN¥9.90CN¥11.003
Sep ’24CN¥10.00
CN¥11.10
+11.0%
8.5%CN¥12.20CN¥9.90CN¥7.913
Aug ’24CN¥10.89
CN¥11.10
+1.9%
8.5%CN¥12.20CN¥9.90CN¥8.643
Jul ’24CN¥9.87
CN¥11.10
+12.4%
8.5%CN¥12.20CN¥9.90CN¥9.163
Jun ’24CN¥10.11
CN¥11.10
+9.8%
8.5%CN¥12.20CN¥9.90CN¥10.143
May ’24CN¥10.09
CN¥10.70
+6.0%
13.8%CN¥12.20CN¥8.70CN¥9.053
Apr ’24CN¥9.99
CN¥9.95
-0.5%
12.5%CN¥11.19CN¥8.70CN¥8.692
Mar ’24CN¥10.23
CN¥10.34
+1.0%
15.8%CN¥11.97CN¥8.70CN¥9.142
Feb ’24CN¥10.21
CN¥10.34
+1.2%
15.8%CN¥11.97CN¥8.70CN¥8.572
Jan ’24CN¥9.74
CN¥10.34
+6.1%
15.8%CN¥11.97CN¥8.70CN¥8.752
Dec ’23CN¥10.01
CN¥9.83
-1.8%
11.5%CN¥10.96CN¥8.70CN¥8.992
Nov ’23CN¥9.32
CN¥10.25
+10.0%
6.9%CN¥10.96CN¥9.55CN¥9.272

Analyst Forecast: Target price is lower than the current share price.

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