China Merchants Shekou Industrial Zone Holdings Co., Ltd.

SZSE:001979 Stock Report

Market Cap: CN¥99.9b

China Merchants Shekou Industrial Zone Holdings Valuation

Is 001979 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • 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 001979 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 001979 (CN¥10.9) is trading below our estimate of fair value (CN¥39.08)

Significantly Below Fair Value: 001979 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 001979?

Key metric: As 001979 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 001979. This is calculated by dividing 001979's market cap by their current earnings.
What is 001979's PE Ratio?
PE Ratio21.6x
EarningsCN¥4.57b
Market CapCN¥99.85b

Price to Earnings Ratio vs Peers

How does 001979's PE Ratio compare to its peers?

The above table shows the PE ratio for 001979 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average18.8x
600048 Poly Developments and Holdings Group
18.1x18.0%CN¥119.4b
600177 Youngor Fashion
11.1xn/aCN¥36.0b
600848 Shanghai Lingang HoldingsLtd
29.4x13.6%CN¥26.9b
002244 Hangzhou Binjiang Real Estate GroupLtd
16.8x23.0%CN¥28.5b
001979 China Merchants Shekou Industrial Zone Holdings
21.6x14.3%CN¥99.9b

Price-To-Earnings vs Peers: 001979 is expensive based on its Price-To-Earnings Ratio (21.6x) compared to the peer average (18.8x).

Price to Earnings Ratio vs Industry

How does 001979'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
001979 21.6xIndustry Avg. 49.7xNo. of Companies8PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 001979 is good value based on its Price-To-Earnings Ratio (21.6x) compared to the CN Real Estate industry average (49.7x).

Price to Earnings Ratio vs Fair Ratio

What is 001979'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.

001979 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio21.6x
Fair PE Ratio29.2x

Price-To-Earnings vs Fair Ratio: 001979 is good value based on its Price-To-Earnings Ratio (21.6x) compared to the estimated Fair Price-To-Earnings Ratio (29.2x).

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 001979 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥10.90
CN¥11.49
+5.4%
19.4%CN¥15.20CN¥8.38n/a10
Nov ’25CN¥11.57
CN¥11.09
-4.2%
17.0%CN¥14.20CN¥8.38n/a10
Oct ’25CN¥12.25
CN¥10.61
-13.4%
12.6%CN¥12.30CN¥8.38n/a10
Sep ’25CN¥9.23
CN¥11.13
+20.6%
14.0%CN¥14.00CN¥9.00n/a10
Aug ’25CN¥8.46
CN¥11.37
+34.4%
14.0%CN¥14.00CN¥9.00n/a10
Jul ’25CN¥9.47
CN¥12.20
+28.8%
19.1%CN¥17.00CN¥9.00n/a10
Jun ’25CN¥9.65
CN¥12.30
+27.4%
17.9%CN¥17.00CN¥9.00n/a10
May ’25CN¥8.47
CN¥12.00
+41.7%
19.1%CN¥17.00CN¥8.00n/a10
Apr ’25CN¥9.48
CN¥12.36
+30.4%
19.7%CN¥17.00CN¥8.00n/a10
Mar ’25CN¥9.28
CN¥12.82
+38.1%
25.5%CN¥17.00CN¥7.00n/a9
Feb ’25CN¥8.65
CN¥13.56
+56.8%
24.4%CN¥17.00CN¥7.00n/a9
Jan ’25CN¥9.53
CN¥14.54
+52.6%
22.0%CN¥17.00CN¥6.50n/a9
Dec ’24CN¥10.26
CN¥15.44
+50.5%
21.9%CN¥18.16CN¥6.50n/a9
Nov ’24CN¥11.00
CN¥15.77
+43.4%
21.3%CN¥18.78CN¥6.50CN¥11.5710
Oct ’24CN¥12.39
CN¥15.92
+28.5%
25.0%CN¥20.00CN¥6.30CN¥12.258
Sep ’24CN¥14.12
CN¥16.35
+15.8%
24.2%CN¥20.00CN¥6.30CN¥9.238
Aug ’24CN¥14.04
CN¥16.16
+15.1%
25.5%CN¥19.80CN¥5.70CN¥8.468
Jul ’24CN¥13.03
CN¥16.38
+25.7%
24.1%CN¥19.80CN¥5.70CN¥9.479
Jun ’24CN¥12.47
CN¥16.38
+31.4%
24.1%CN¥19.80CN¥5.70CN¥9.659
May ’24CN¥13.66
CN¥16.54
+21.1%
21.1%CN¥19.80CN¥6.60CN¥8.4710
Apr ’24CN¥13.62
CN¥16.36
+20.1%
20.5%CN¥18.78CN¥6.60CN¥9.4810
Mar ’24CN¥15.17
CN¥16.14
+6.4%
21.9%CN¥18.16CN¥5.70CN¥9.2810
Feb ’24CN¥14.42
CN¥16.14
+11.9%
21.9%CN¥18.16CN¥5.70CN¥8.6510
Jan ’24CN¥12.63
CN¥16.57
+31.2%
18.6%CN¥19.60CN¥8.10CN¥9.5310
Dec ’23CN¥14.99
CN¥15.87
+5.9%
17.7%CN¥19.00CN¥8.10CN¥10.2610
Nov ’23CN¥12.86
CN¥15.75
+22.5%
17.6%CN¥19.00CN¥8.10CN¥11.0010

Analyst Forecast: Target price is less than 20% higher than the current share price.

Discover undervalued companies

Beijing Urban Construction Investment & Development

CN¥12.1b

Beijing Urban Construction Investment & Development Co., Ltd.

600266

CN¥5.81

7D

-5.7%

1Y

-4.3%

Gemdale

CN¥24.3b

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

600383

CN¥5.31

7D

-4.0%

1Y

-7.8%

New DaZheng Property Group

CN¥2.2b

New Dazheng Property Group Co., Ltd., an independent third-party property service company, provides property services for various urban public buildings focusing on smart city public buildings and facilities in China.

2968

CN¥9.86

7D

-3.1%

1Y

-29.4%