Kingsoft Corporation Limited

DB:3K1 Stock Report

Market Cap: €6.9b

Kingsoft Valuation

Is 3K1 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • 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 3K1 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
€5.25
Fair Value
2.9% undervalued intrinsic discount
14
Number of Analysts

Below Fair Value: 3K1 (€5.1) is trading below our estimate of fair value (€5.25)

Significantly Below Fair Value: 3K1 is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 3K1?

Key metric: As 3K1 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 3K1. This is calculated by dividing 3K1's market cap by their current earnings.
What is 3K1's PE Ratio?
PE Ratio39.9x
EarningsCN¥1.30b
Market CapCN¥51.76b

Price to Earnings Ratio vs Peers

How does 3K1's PE Ratio compare to its peers?

The above table shows the PE ratio for 3K1 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average28.6x
G24 Scout24
38.8x15.4%€6.9b
EVD CTS Eventim KGaA
36.7x11.9%€9.1b
RRTL RTL Group
11.4x4.4%€4.6b
SAX Ströer SE KGaA
27.5x27.2%€3.2b
3K1 Kingsoft
39.9x23.8%€55.6b

Price-To-Earnings vs Peers: 3K1 is expensive based on its Price-To-Earnings Ratio (39.9x) compared to the peer average (28.6x).

Price to Earnings Ratio vs Industry

How does 3K1's PE Ratio compare vs other companies in the European Entertainment Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
3K1 39.9xIndustry Avg. 13.9xNo. of Companies13PE01224364860+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 3K1 is expensive based on its Price-To-Earnings Ratio (39.9x) compared to the European Entertainment industry average (13.9x).

Price to Earnings Ratio vs Fair Ratio

What is 3K1'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.

3K1 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio39.9x
Fair PE Ratio32.8x

Price-To-Earnings vs Fair Ratio: 3K1 is expensive based on its Price-To-Earnings Ratio (39.9x) compared to the estimated Fair Price-To-Earnings Ratio (32.8x).

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 3K1 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€5.10
€4.83
-5.4%
9.6%€5.84€4.20n/a14
Jan ’26€4.18
€4.70
+12.5%
8.5%€5.56€4.20n/a11
Dec ’25€3.72
€4.55
+22.4%
5.5%€4.94€4.20n/a12
Nov ’25€3.10
€3.81
+22.9%
14.0%€5.05€3.08n/a13
Oct ’25€3.34
€3.75
+12.2%
14.1%€5.03€3.06n/a13
Sep ’25€2.44
€3.73
+52.8%
14.3%€4.99€3.04n/a13
Aug ’25€2.58
€4.10
+58.9%
9.4%€4.97€3.55n/a14
Jul ’25€2.64
€4.20
+59.3%
8.8%€5.02€3.57n/a15
Jun ’25€2.92
€4.18
+43.0%
8.9%€4.99€3.55n/a15
May ’25€3.04
€4.19
+37.8%
8.6%€5.09€3.60n/a15
Apr ’25€2.80
€4.14
+47.7%
8.6%€5.00€3.53n/a15
Mar ’25€2.58
€4.11
+59.3%
9.7%€4.76€3.20n/a14
Feb ’25€2.26
€4.11
+81.8%
9.7%€4.76€3.20€4.6614
Jan ’25€2.70
€4.29
+58.9%
9.8%€4.75€3.19€4.1814
Dec ’24€2.94
€4.26
+44.9%
10.0%€4.76€3.16€3.7214
Nov ’24€3.22
€4.47
+39.0%
12.9%€5.44€3.10€3.1015
Oct ’24€3.36
€4.46
+32.7%
13.1%€5.37€3.08€3.3415
Sep ’24€3.60
€4.42
+22.8%
13.8%€5.84€3.02€2.4417
Aug ’24€3.82
€4.30
+12.7%
14.7%€5.88€3.04€2.5816
Jul ’24€3.56
€4.33
+21.8%
14.6%€5.94€3.07€2.6416
Jun ’24€3.52
€4.42
+25.5%
14.7%€6.11€3.16€2.9216
May ’24€3.92
€4.35
+10.9%
14.7%€6.12€3.17€3.0414
Apr ’24€4.44
€4.44
+0.03%
14.7%€6.27€3.24€2.8014
Mar ’24€3.22
€4.17
+29.5%
16.8%€6.31€3.27€2.5813
Feb ’24€3.47
€4.17
+20.0%
16.2%€6.29€3.45€2.2613
Analyst Price Target
Consensus Narrative from 14 Analysts
€4.77
Fair Value
7.0% overvalued intrinsic discount
14
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/04 16:08
End of Day Share Price 2025/02/04 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.

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 Github.

Analyst Sources

Kingsoft Corporation Limited is covered by 42 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Zhongheng LinBOCI Research Ltd.
Michael MengBOCI Research Ltd.
Daley LiBofA Global Research