China Merchants Port Group Valuation

Is 201872 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 201872 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 201872 (HK$12.93) is trading below our estimate of fair value (HK$19.25)

Significantly Below Fair Value: 201872 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 201872?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for 201872. This is calculated by dividing 201872's market cap by their current preferred multiple.
What is 201872's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	CN¥49.83b

201872 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	9.5x
Enterprise Value/EBITDA	19.8x
PEG Ratio	3.4x

Price to Earnings Ratio vs Peers

How does 201872's PE Ratio compare to its peers?

The above table shows the PE ratio for 201872 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	16.2x
601018 Ningbo Zhoushan Port	15.4x	n/a	CN¥73.1b
601000 TangShan Port GroupLtd	13.6x	6.0%	CN¥25.7b
601228 Guangzhou Port	25.7x	n/a	CN¥26.1b
600018 Shanghai International Port (Group)	10.3x	0.8%	CN¥140.2b
201872 China Merchants Port Group	12.4x	3.7%	HK$49.8b

Price-To-Earnings vs Peers: 201872 is good value based on its Price-To-Earnings Ratio (12.4x) compared to the peer average (16.2x).

Price to Earnings Ratio vs Industry

How does 201872's PE Ratio compare vs other companies in the CN Infrastructure Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	9.9%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	9.9%
	n/a	n/a	n/a

No more companies

Price-To-Earnings vs Industry: 201872 is good value based on its Price-To-Earnings Ratio (12.4x) compared to the CN Infrastructure industry average (15.2x).

Price to Earnings Ratio vs Fair Ratio

What is 201872'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.

201872 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	12.4x
Fair PE Ratio	16.6x

Price-To-Earnings vs Fair Ratio: 201872 is good value based on its Price-To-Earnings Ratio (12.4x) compared to the estimated Fair Price-To-Earnings Ratio (16.6x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.