Haitian International Holdings Limited

SEHK:1882 Stock Report

Market Cap: HK$32.9b

Haitian International Holdings Valuation

Is 1882 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • 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 1882 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 1882 (HK$20.6) is trading below our estimate of fair value (HK$54.03)

Significantly Below Fair Value: 1882 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 1882?

Key metric: As 1882 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 1882. This is calculated by dividing 1882's market cap by their current earnings.
What is 1882's PE Ratio?
PE Ratio11x
EarningsCN¥2.78b
Market CapCN¥30.59b

Price to Earnings Ratio vs Peers

How does 1882's PE Ratio compare to its peers?

The above table shows the PE ratio for 1882 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average13.1x
3899 CIMC Enric Holdings
12.3x20.3%HK$13.6b
669 Techtronic Industries
23.7x15.2%HK$194.2b
1651 Precision Tsugami (China)
7.1x25.9%HK$4.6b
558 L.K. Technology Holdings
9.2x14.2%HK$4.5b
1882 Haitian International Holdings
11x10.7%HK$32.9b

Price-To-Earnings vs Peers: 1882 is good value based on its Price-To-Earnings Ratio (11x) compared to the peer average (13.1x).

Price to Earnings Ratio vs Industry

How does 1882's PE Ratio compare vs other companies in the HK Machinery Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
2060 Pujiang International Group
1xn/aUS$19.99m
No more companies available in this PE range
1882 11.0xIndustry Avg. 7.3xNo. of Companies10PE0612182430+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 1882 is expensive based on its Price-To-Earnings Ratio (11x) compared to the Hong Kong Machinery industry average (7.3x).

Price to Earnings Ratio vs Fair Ratio

What is 1882'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.

1882 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio11x
Fair PE Ratio7.8x

Price-To-Earnings vs Fair Ratio: 1882 is expensive based on its Price-To-Earnings Ratio (11x) compared to the estimated Fair Price-To-Earnings Ratio (7.8x).

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 1882 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentHK$20.60
HK$28.94
+40.5%
9.3%HK$32.97HK$24.05n/a11
Nov ’25HK$21.80
HK$28.94
+32.7%
9.3%HK$32.97HK$24.05n/a11
Oct ’25HK$25.00
HK$29.23
+16.9%
9.3%HK$33.30HK$24.29n/a11
Sep ’25HK$21.80
HK$28.88
+32.5%
9.1%HK$33.04HK$24.10n/a10
Aug ’25HK$24.15
HK$27.76
+15.0%
10.9%HK$32.51HK$23.55n/a10
Jul ’25HK$22.20
HK$27.16
+22.3%
11.0%HK$31.67HK$23.38n/a9
Jun ’25HK$23.85
HK$27.31
+14.5%
11.1%HK$31.90HK$23.55n/a9
May ’25HK$25.70
HK$26.29
+2.3%
7.5%HK$29.95HK$23.51n/a9
Apr ’25HK$22.75
HK$24.97
+9.7%
8.5%HK$27.90HK$21.10n/a9
Mar ’25HK$20.05
HK$22.54
+12.4%
11.9%HK$27.79HK$18.75n/a9
Feb ’25HK$17.94
HK$22.70
+26.5%
11.8%HK$27.96HK$18.86n/a9
Jan ’25HK$19.32
HK$22.52
+16.6%
10.2%HK$26.15HK$18.97n/a9
Dec ’24HK$20.20
HK$22.03
+9.0%
9.5%HK$25.40HK$18.90n/a9
Nov ’24HK$18.56
HK$22.03
+18.7%
9.5%HK$25.40HK$18.90HK$21.809
Oct ’24HK$16.60
HK$21.98
+32.4%
9.7%HK$25.49HK$18.97HK$25.009
Sep ’24HK$16.84
HK$21.85
+29.8%
10.9%HK$25.61HK$18.65HK$21.809
Aug ’24HK$19.28
HK$23.20
+20.4%
10.1%HK$27.67HK$20.06HK$24.1510
Jul ’24HK$18.28
HK$23.34
+27.7%
9.6%HK$26.71HK$19.75HK$22.2010
Jun ’24HK$17.72
HK$23.23
+31.1%
9.2%HK$26.70HK$19.85HK$23.8510
May ’24HK$20.30
HK$24.39
+20.2%
7.4%HK$27.52HK$21.07HK$25.709
Apr ’24HK$20.30
HK$24.51
+20.8%
7.5%HK$27.54HK$21.09HK$22.759
Mar ’24HK$21.00
HK$24.45
+16.4%
11.3%HK$28.02HK$20.14HK$20.058
Feb ’24HK$23.90
HK$24.40
+2.1%
10.8%HK$28.04HK$20.15HK$17.948
Jan ’24HK$20.90
HK$22.77
+9.0%
8.1%HK$24.87HK$19.51HK$19.329
Dec ’23HK$21.45
HK$21.20
-1.2%
11.7%HK$24.59HK$16.58HK$20.209
Nov ’23HK$16.60
HK$20.77
+25.1%
11.9%HK$23.96HK$15.61HK$18.5610

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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