China Tower Valuation
Is 2Y10 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
5/6Valuation 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 2Y10 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 2Y10 (€11.3) is trading below our estimate of fair value (€37.01)
Significantly Below Fair Value: 2Y10 is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 2Y10?
Key metric: As 2Y10 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.
| What is 2Y10's PE Ratio? | |
|---|---|
| PE Ratio | 15.5x |
| Earnings | CN¥10.56b |
| Market Cap | CN¥163.95b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 2.6x |
| Enterprise Value/EBITDA | 4.6x |
| PEG Ratio | 0.6x |
Price to Earnings Ratio vs Peers
How does 2Y10's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 26.9x | ||
O2D Telefónica Deutschland Holding | 26.5x | -41.1% | €7.2b |
O2D Telefónica Deutschland Holding | 22.4x | -11.4% | €6.2b |
DTE Deutsche Telekom | 23.6x | 18.8% | €141.2b |
T TELUS | 35x | 22.5% | CA$32.3b |
2Y10 China Tower | 15.5x | 24.2% | €176.6b |
Price-To-Earnings vs Peers: 2Y10 is good value based on its Price-To-Earnings Ratio (15.5x) compared to the peer average (26.9x).
Price to Earnings Ratio vs Industry
How does 2Y10's PE Ratio compare vs other companies in the European Telecom Industry?
| 0 Companies | Price / Earnings | Estimated Growth | Market Cap |
|---|---|---|---|
| 0 Companies | Estimated Growth | Market Cap |
|---|
Price-To-Earnings vs Industry: 2Y10 is good value based on its Price-To-Earnings Ratio (15.5x) compared to the European Telecom industry average (18.6x).
Price to Earnings Ratio vs Fair Ratio
What is 2Y10'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.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 15.5x |
| Fair PE Ratio | 29.6x |
Price-To-Earnings vs Fair Ratio: 2Y10 is good value based on its Price-To-Earnings Ratio (15.5x) compared to the estimated Fair Price-To-Earnings Ratio (29.6x).
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.
Discover undervalued companies
HKT Trust and HKT
HK$73.4b
An investment holding company, engages in the provision of technology, and satellite-and network-based telecommunications and related services in Hong Kong, Mainland China, and internationally.
4HK
HK$1.14
7D
0.8%
1Y
21.1%
Indosat Ooredoo Hutchison
Rp72.2t
Provides telecommunication services in Indonesia.
IDO1
Rp0.11
7D
2.7%
1Y
-13.1%
freenet
€3.4b
Provides telecommunications, broadcasting, and multimedia services for mobile communications/mobile internet, and digital lifestyle sectors in Germany.
FNTN
€28.58
7D
-1.3%
1Y
14.0%