China Resources Power Holdings Company Limited

DB:CRP Stock Report

Market Cap: €11.3b

China Resources Power Holdings Valuation

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

Valuation Score

6/6

Valuation Score 6/6

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

Below Fair Value: CRP (€2.22) is trading below our estimate of fair value (€3.54)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for CRP. This is calculated by dividing CRP's market cap by their current earnings.
What is CRP's PE Ratio?
PE Ratio6.6x
EarningsHK$13.63b
Market CapHK$90.56b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for CRP vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average16x
RWE RWE
7.8x-6.2%€22.0b
AB9 ABO Energy GmbH KGaA
12x19.0%€357.8m
EBK EnBW Energie Baden-Württemberg
27.4xn/a€16.4b
EOAN E.ON
16.7x9.2%€30.0b
CRP China Resources Power Holdings
6.6x12.2%€90.6b

Price-To-Earnings vs Peers: CRP is good value based on its Price-To-Earnings Ratio (6.6x) compared to the peer average (16x).

Price to Earnings Ratio vs Industry

How does CRP's PE Ratio compare vs other companies in the European Renewable Energy Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
CRP 6.6xIndustry Avg. 15.8xNo. of Companies9PE01224364860+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: CRP is good value based on its Price-To-Earnings Ratio (6.6x) compared to the European Renewable Energy industry average (15.7x).

Price to Earnings Ratio vs Fair Ratio

What is CRP'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.

CRP PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio6.6x
Fair PE Ratio22.8x

Price-To-Earnings vs Fair Ratio: CRP is good value based on its Price-To-Earnings Ratio (6.6x) compared to the estimated Fair Price-To-Earnings Ratio (22.8x).

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 CRP forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€2.22
€3.00
+35.2%
14.0%€3.83€2.22n/a15
Dec ’25€2.11
€2.96
+40.4%
13.3%€3.77€2.19n/a16
Nov ’25€2.13
€2.91
+36.4%
13.7%€3.69€2.11n/a16
Oct ’25€2.33
€2.81
+21.0%
13.5%€3.61€2.06n/a17
Sep ’25€2.38
€2.81
+18.1%
12.7%€3.60€2.22n/a17
Aug ’25€2.50
€2.79
+11.8%
12.4%€3.65€2.25n/a17
Jul ’25€2.81
€2.73
-2.9%
10.4%€3.17€2.29n/a18
Jun ’25€2.57
€2.69
+4.6%
10.0%€3.13€2.26n/a18
May ’25€2.30
€2.60
+13.2%
11.3%€3.17€2.03n/a17
Apr ’25€2.13
€2.53
+18.7%
12.0%€3.13€2.01n/a18
Mar ’25€1.99
€2.51
+26.0%
12.5%€2.98€2.02n/a18
Feb ’25€1.82
€2.50
+36.9%
12.6%€2.95€2.01n/a17
Jan ’25€1.78
€2.48
+39.2%
12.9%€2.90€1.97€2.2715
Dec ’24€1.73
€2.64
+52.8%
12.6%€3.06€2.04€2.1115
Nov ’24€1.79
€2.70
+51.0%
14.5%€3.56€2.06€2.1315
Oct ’24€1.78
€2.66
+49.1%
14.0%€3.50€2.02€2.3316
Sep ’24€1.78
€2.60
+46.1%
13.9%€3.44€1.99€2.3816
Aug ’24€1.98
€2.55
+29.1%
9.5%€2.96€1.98€2.5017
Jul ’24€2.06
€2.56
+24.5%
9.4%€2.98€1.99€2.8118
Jun ’24€2.13
€2.49
+16.9%
10.6%€2.93€1.96€2.5717
May ’24€1.94
€2.49
+28.3%
10.6%€2.93€1.96€2.3017
Apr ’24€1.93
€2.52
+30.7%
10.6%€2.99€2.00€2.1316
Mar ’24€1.91
€2.57
+34.4%
10.4%€2.98€2.03€1.9916
Feb ’24€1.89
€2.50
+32.4%
10.7%€2.95€2.01€1.8216
Jan ’24€1.88
€2.44
+29.7%
12.1%€2.99€1.91€1.7816

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 08:46
End of Day Share Price 2025/01/02 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

China Resources Power Holdings Company Limited is covered by 53 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ephrem RaviBarclays
Guo ShouBarclays
Daisy ZhangBNP Paribas Securities (Asia)