Value Partners Group Limited

DB:9Z1 Stock Report

Market Cap: €310.6m

Value Partners Group Valuation

Is 9Z1 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • 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 9Z1 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 9Z1's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 9Z1's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 9Z1?

Key metric: As 9Z1 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 9Z1. This is calculated by dividing 9Z1's market cap by their current earnings.
What is 9Z1's PE Ratio?
PE Ratio45.4x
EarningsHK$55.57m
Market CapHK$2.52b

Price to Earnings Ratio vs Peers

How does 9Z1's PE Ratio compare to its peers?

The above table shows the PE ratio for 9Z1 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average10.3x
DBAN Deutsche Beteiligungs
9.2x35.3%€435.9m
O4B OVB Holding
15.2x3.5%€280.8m
MPCK MPC Münchmeyer Petersen Capital
10.8x6.1%€181.5m
BBHK Deutsche Balaton
5.9xn/a€175.4m
9Z1 Value Partners Group
45.4x61.4%€2.5b

Price-To-Earnings vs Peers: 9Z1 is expensive based on its Price-To-Earnings Ratio (45.4x) compared to the peer average (10.4x).

Price to Earnings Ratio vs Industry

How does 9Z1's PE Ratio compare vs other companies in the DE Capital Markets Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
HXCK Ernst Russ
3.9x-19.3%US$213.90m
SPT6 Sparta
2.6xn/aUS$175.85m
XE8 Black Sea Property
0.7xn/aUS$7.75m
No more companies available in this PE range
9Z1 45.4xIndustry Avg. 18.9xNo. of Companies7PE01632486480+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 9Z1 is expensive based on its Price-To-Earnings Ratio (45.4x) compared to the German Capital Markets industry average (19.1x).

Price to Earnings Ratio vs Fair Ratio

What is 9Z1'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.

9Z1 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio45.4x
Fair PE Ratio34.4x

Price-To-Earnings vs Fair Ratio: 9Z1 is expensive based on its Price-To-Earnings Ratio (45.4x) compared to the estimated Fair Price-To-Earnings Ratio (34.4x).

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 9Z1 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€0.16
€0.31
+96.2%
16.0%€0.35€0.26n/a2
Jan ’26€0.17
€0.31
+76.9%
16.0%€0.35€0.26n/a2
Dec ’25€0.17
€0.29
+74.9%
16.0%€0.33€0.24n/a2
Nov ’25€0.18
€0.29
+56.0%
16.0%€0.33€0.24n/a2
Oct ’25€0.20
€0.29
+46.5%
16.0%€0.33€0.24n/a2
Sep ’25€0.16
€0.29
+80.3%
16.0%€0.33€0.24n/a2
Aug ’25€0.18
€0.35
+95.0%
16.7%€0.41€0.29n/a2
Jul ’25€0.18
€0.36
+95.2%
16.7%€0.41€0.30n/a2
Jun ’25€0.19
€0.36
+91.0%
16.7%€0.41€0.30n/a2
May ’25€0.20
€0.36
+81.3%
16.7%€0.41€0.30n/a2
Apr ’25€0.19
€0.36
+85.0%
16.7%€0.41€0.30n/a2
Mar ’25€0.18
€0.43
+134.3%
8.1%€0.47€0.40n/a2
Feb ’25€0.20
€0.43
+120.0%
8.1%€0.47€0.40n/a2
Jan ’25€0.23
€0.43
+90.8%
8.1%€0.47€0.40€0.172
Dec ’24€0.26
€0.44
+65.1%
8.1%€0.47€0.40€0.172
Nov ’24€0.30
€0.43
+44.1%
8.1%€0.47€0.40€0.182
Oct ’24€0.28
€0.43
+53.3%
8.1%€0.47€0.40€0.202
Sep ’24€0.30
€0.43
+46.1%
8.1%€0.47€0.40€0.162
Aug ’24€0.32
€0.44
+39.9%
8.1%€0.48€0.41€0.182
Jul ’24€0.27
€0.44
+62.5%
8.1%€0.48€0.41€0.182
Jun ’24€0.25
€0.44
+74.0%
8.1%€0.48€0.41€0.192
May ’24€0.27
€0.44
+66.2%
8.1%€0.48€0.41€0.202
Apr ’24€0.28
€0.44
+60.1%
8.1%€0.48€0.41€0.192
Mar ’24€0.33
€0.48
+46.9%
12.8%€0.55€0.42€0.182
Feb ’24€0.36
€0.48
+33.9%
12.8%€0.55€0.42€0.202
Jan ’24€0.33
€0.48
+46.0%
12.8%€0.55€0.42€0.232
Analyst Price Target
Consensus Narrative from 2 Analysts
€0.28
Fair Value
44.8% undervalued intrinsic discount
2
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/23 18:17
End of Day Share Price 2025/01/23 00:00
Earnings2024/06/30
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

Value Partners Group Limited is covered by 10 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Lingjie KongBOCI Research Ltd.
You FanChina International Capital Corporation Limited
Zeyu YaoChina International Capital Corporation Limited