Hla Group Corp., Ltd.

SHSE:600398 Stock Report

Market Cap: CN¥29.2b

Hla Group Valuation

Is 600398 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 600398 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 600398 (CN¥6.04) is trading below our estimate of fair value (CN¥9.87)

Significantly Below Fair Value: 600398 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 600398?

Key metric: As 600398 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 600398. This is calculated by dividing 600398's market cap by their current earnings.
What is 600398's PE Ratio?
PE Ratio12x
EarningsCN¥2.41b
Market CapCN¥29.25b

Price to Earnings Ratio vs Peers

How does 600398's PE Ratio compare to its peers?

The above table shows the PE ratio for 600398 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average20.6x
605599 Beijing Caishikou Department StoreLtd
13.1x14.1%CN¥8.7b
301088 RumereLtd
35.6x20.2%CN¥3.1b
600655 Shanghai Yuyuan Tourist Mart (Group)
25.1x25.8%CN¥23.8b
600704 Wuchan Zhongda GroupLtd
8.6xn/aCN¥27.8b
600398 Hla Group
12x14.9%CN¥29.0b

Price-To-Earnings vs Peers: 600398 is good value based on its Price-To-Earnings Ratio (12x) compared to the peer average (20.6x).

Price to Earnings Ratio vs Industry

How does 600398's PE Ratio compare vs other companies in the Asian Specialty Retail Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
600398 12.0xIndustry Avg. 17.6xNo. of Companies49PE01224364860+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 600398 is good value based on its Price-To-Earnings Ratio (12x) compared to the Asian Specialty Retail industry average (17.6x).

Price to Earnings Ratio vs Fair Ratio

What is 600398'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.

600398 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio12x
Fair PE Ratio26.8x

Price-To-Earnings vs Fair Ratio: 600398 is good value based on its Price-To-Earnings Ratio (12x) compared to the estimated Fair Price-To-Earnings Ratio (26.8x).

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 600398 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥6.04
CN¥7.14
+18.2%
12.6%CN¥8.80CN¥6.10n/a5
Nov ’25CN¥5.61
CN¥8.00
+42.6%
17.1%CN¥10.05CN¥6.10n/a5
Oct ’25CN¥7.58
CN¥8.22
+8.5%
15.6%CN¥10.05CN¥6.10n/a5
Sep ’25CN¥5.95
CN¥8.22
+38.2%
15.6%CN¥10.05CN¥6.10n/a5
Aug ’25CN¥6.37
CN¥9.25
+45.3%
18.0%CN¥10.90CN¥6.10n/a5
Jul ’25CN¥9.39
CN¥9.25
-1.4%
18.0%CN¥10.90CN¥6.10n/a5
Jun ’25CN¥9.67
CN¥9.38
-3.0%
16.5%CN¥10.90CN¥6.10n/a6
May ’25CN¥9.11
CN¥9.23
+1.4%
4.4%CN¥10.00CN¥8.85n/a5
Apr ’25CN¥8.85
CN¥8.71
-1.6%
14.1%CN¥10.00CN¥6.10n/a6
Mar ’25CN¥8.55
CN¥8.71
+1.9%
14.1%CN¥10.00CN¥6.10n/a6
Feb ’25CN¥7.72
CN¥8.71
+12.8%
14.1%CN¥10.00CN¥6.10n/a6
Jan ’25CN¥7.42
CN¥8.71
+17.4%
14.1%CN¥10.00CN¥6.10n/a6
Dec ’24CN¥7.50
CN¥8.71
+16.2%
14.1%CN¥10.00CN¥6.10n/a6
Nov ’24CN¥7.38
CN¥8.31
+12.6%
15.0%CN¥10.00CN¥6.10CN¥5.616
Oct ’24CN¥7.68
CN¥8.14
+6.0%
13.5%CN¥9.60CN¥6.10CN¥7.586
Sep ’24CN¥7.62
CN¥8.14
+6.9%
13.5%CN¥9.60CN¥6.10CN¥5.956
Aug ’24CN¥7.55
CN¥7.51
-0.6%
14.2%CN¥8.50CN¥5.20CN¥6.376
Jul ’24CN¥6.88
CN¥7.51
+9.1%
14.2%CN¥8.50CN¥5.20CN¥9.396
Jun ’24CN¥7.12
CN¥7.51
+5.4%
14.2%CN¥8.50CN¥5.20CN¥9.676
May ’24CN¥6.45
CN¥7.15
+10.9%
16.7%CN¥8.50CN¥5.20CN¥9.115
Apr ’24CN¥6.24
CN¥5.57
-10.8%
8.8%CN¥6.40CN¥5.20CN¥8.854
Mar ’24CN¥6.14
CN¥5.81
-5.3%
11.3%CN¥6.80CN¥5.20CN¥8.555
Feb ’24CN¥5.24
CN¥5.81
+11.0%
11.3%CN¥6.80CN¥5.20CN¥7.725
Jan ’24CN¥5.30
CN¥5.93
+12.0%
9.9%CN¥6.80CN¥5.25CN¥7.425
Dec ’23CN¥4.94
CN¥5.83
+18.1%
9.2%CN¥6.80CN¥5.25CN¥7.505
Nov ’23CN¥4.35
CN¥5.83
+34.1%
9.2%CN¥6.80CN¥5.25CN¥7.385

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

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