China Merchants Shekou Industrial Zone Holdings Co., Ltd.

SZSE:001979 Stock Report

Market Cap: CN¥92.4b

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¥10.2) 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 Ratio20.2x
EarningsCN¥4.57b
Market CapCN¥92.42b

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 Average18.2x
600048 Poly Developments and Holdings Group
16.2x18.0%CN¥106.7b
600177 Youngor Fashion
12.7xn/aCN¥41.2b
600848 Shanghai Lingang HoldingsLtd
28x13.6%CN¥25.3b
002244 Hangzhou Binjiang Real Estate GroupLtd
15.7x23.0%CN¥26.6b
001979 China Merchants Shekou Industrial Zone Holdings
20.2x14.4%CN¥92.4b

Price-To-Earnings vs Peers: 001979 is expensive based on its Price-To-Earnings Ratio (20.2x) compared to the peer average (18.2x).

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 20.2xIndustry Avg. 48.6xNo. 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 (20.2x) compared to the CN Real Estate industry average (48.6x).

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 Ratio20.2x
Fair PE Ratio29x

Price-To-Earnings vs Fair Ratio: 001979 is good value based on its Price-To-Earnings Ratio (20.2x) compared to the estimated Fair Price-To-Earnings Ratio (29x).

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¥10.20
CN¥11.55
+13.2%
18.8%CN¥15.20CN¥8.38n/a10
Dec ’25CN¥11.78
CN¥11.55
-2.0%
18.8%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¥6.50CN¥11.789
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

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

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 19:16
End of Day Share Price 2024/12/30 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

China Merchants Shekou Industrial Zone Holdings Co., Ltd. is covered by 29 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Eric DuBofA Global Research
Wei OngCFRA Equity Research
Wai Mo ChengCGS International