Beijing Urban Construction Investment & Development (XSSC:600266) Stock Valuation, Peer Comparison & Price Targets

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

600266 (CN¥5.69) is trading below our estimate of [[fair value]] (CN¥8.77)

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 Ratio	32.9x
Earnings	CN¥358.88m
Market Cap	CN¥11.81b

600266 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/Revenue	2.7x
Enterprise Value/EBITDA	-585.9x
PEG Ratio	1.1x

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.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	44.3x
000620 Macrolink Culturaltainment Development	5.4x	n/a	CN¥12.3b
000886 Hainan Expressway	71x	n/a	CN¥6.1b
600325 Zhuhai Huafa PropertiesLtd	18.4x	21.3%	CN¥18.3b
600657 Cinda Real Estate	82.5x	n/a	CN¥13.9b
600266 Beijing Urban Construction Investment & Development	32.9x	28.7%	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 Company	Price / Earnings	Estimated Growth	Market Cap
002147 Neoglory prosperity	1x	n/a	US$100.99m

No more companies available in this PE range

1 Company		Estimated Growth	Market 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 Ratio	32.9x
Fair PE Ratio	25.1x

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.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	CN¥5.69	CN¥7.92 +39.1%	5.0%	CN¥8.45	CN¥7.50	n/a	3
Nov ’25	CN¥6.39	CN¥7.78 +21.8%	6.1%	CN¥8.45	CN¥7.40	n/a	3
Oct ’25	CN¥6.06	CN¥5.97 -1.4%	18.1%	CN¥7.50	CN¥5.17	n/a	3
Sep ’25	CN¥4.21	CN¥5.34 +26.8%	3.5%	CN¥5.60	CN¥5.17	n/a	3
Aug ’25	CN¥3.89	CN¥5.34 +37.3%	3.5%	CN¥5.60	CN¥5.17	n/a	3
Jul ’25	CN¥4.11	CN¥5.34 +29.9%	3.5%	CN¥5.60	CN¥5.17	n/a	3
Jun ’25	CN¥4.72	CN¥5.34 +13.1%	3.5%	CN¥5.60	CN¥5.17	n/a	3
May ’25	CN¥3.94	CN¥5.34 +35.5%	3.5%	CN¥5.60	CN¥5.17	n/a	3
Apr ’25	CN¥4.04	CN¥8.54 +111.5%	16.7%	CN¥10.00	CN¥6.60	n/a	3
Mar ’25	CN¥4.25	CN¥8.54 +101.0%	16.7%	CN¥10.00	CN¥6.60	n/a	3
Feb ’25	CN¥4.16	CN¥8.54 +105.4%	16.7%	CN¥10.00	CN¥6.60	n/a	3
Jan ’25	CN¥4.84	CN¥9.28 +91.7%	5.6%	CN¥10.00	CN¥8.80	n/a	3
Dec ’24	CN¥5.37	CN¥9.28 +72.7%	5.6%	CN¥10.00	CN¥8.80	n/a	3
Nov ’24	CN¥5.92	CN¥9.28 +56.7%	5.6%	CN¥10.00	CN¥8.80	CN¥6.39	3
Oct ’24	CN¥6.32	CN¥9.28 +46.8%	5.6%	CN¥10.00	CN¥8.80	CN¥6.06	3
Sep ’24	CN¥6.88	CN¥8.92 +29.6%	1.3%	CN¥9.03	CN¥8.80	CN¥4.21	2
Aug ’24	CN¥7.56	CN¥8.92 +17.9%	1.3%	CN¥9.03	CN¥8.80	CN¥3.89	2
Jul ’24	CN¥5.08	CN¥6.53 +28.4%	1.1%	CN¥6.60	CN¥6.45	CN¥4.11	2
Jun ’24	CN¥4.83	CN¥5.99 +23.9%	7.8%	CN¥6.45	CN¥5.52	CN¥4.72	2
May ’24	CN¥4.66	CN¥5.99 +28.4%	7.8%	CN¥6.45	CN¥5.52	CN¥3.94	2
Apr ’24	CN¥4.44	CN¥5.99 +34.8%	7.8%	CN¥6.45	CN¥5.52	CN¥4.04	2
Mar ’24	CN¥5.14	CN¥5.73 +11.5%	12.6%	CN¥6.45	CN¥5.01	CN¥4.25	2
Feb ’24	CN¥4.54	CN¥4.33 -4.6%	9.9%	CN¥4.76	CN¥3.90	CN¥4.16	2
Jan ’24	CN¥4.65	CN¥4.33 -6.9%	9.9%	CN¥4.76	CN¥3.90	CN¥4.84	2
Dec ’23	CN¥5.17	CN¥4.33 -16.2%	9.9%	CN¥4.76	CN¥3.90	CN¥5.37	2
Nov ’23	CN¥3.36	CN¥4.33 +28.9%	9.9%	CN¥4.76	CN¥3.90	CN¥5.92	2

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

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