CIMC Enric Holdings Limited

SZSC:3899 Stock Report

Market Cap: HK$14.2b

CIMC Enric Holdings Valuation

Is 3899 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 3899 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 3899 (HK$7) is trading above our estimate of fair value (HK$6.55)

Significantly Below Fair Value: 3899 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 3899?

Key metric: As 3899 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 3899. This is calculated by dividing 3899's market cap by their current earnings.
What is 3899's PE Ratio?
PE Ratio12.9x
EarningsCN¥1.03b
Market CapCN¥13.33b

Price to Earnings Ratio vs Peers

How does 3899's PE Ratio compare to its peers?

The above table shows the PE ratio for 3899 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average8x
2155 Morimatsu International Holdings
5.7x19.0%HK$4.9b
1882 Haitian International Holdings
10.7x10.7%HK$31.7b
1286 Impro Precision Industries
6.6xn/aHK$3.9b
558 L.K. Technology Holdings
9.1x13.9%HK$3.9b
3899 CIMC Enric Holdings
12.9x20.4%HK$14.2b

Price-To-Earnings vs Peers: 3899 is expensive based on its Price-To-Earnings Ratio (12.9x) compared to the peer average (8x).

Price to Earnings Ratio vs Industry

How does 3899'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
3899 12.9xIndustry Avg. 7.6xNo. of Companies6PE0612182430+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 3899 is expensive based on its Price-To-Earnings Ratio (12.9x) compared to the Hong Kong Machinery industry average (7.9x).

Price to Earnings Ratio vs Fair Ratio

What is 3899'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.

3899 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio12.9x
Fair PE Ratio8.1x

Price-To-Earnings vs Fair Ratio: 3899 is expensive based on its Price-To-Earnings Ratio (12.9x) compared to the estimated Fair Price-To-Earnings Ratio (8.1x).

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 3899 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentHK$7.00
HK$8.43
+20.4%
13.2%HK$11.22HK$7.20n/a10
Dec ’25HK$6.76
HK$8.70
+28.7%
12.7%HK$11.51HK$7.38n/a11
Nov ’25HK$6.57
HK$8.70
+32.5%
12.7%HK$11.51HK$7.38n/a11
Oct ’25HK$6.87
HK$9.17
+33.5%
13.8%HK$11.67HK$7.49n/a11
Sep ’25HK$6.30
HK$9.38
+49.0%
13.7%HK$11.59HK$7.43n/a11
Aug ’25HK$7.09
HK$9.64
+36.0%
9.5%HK$11.44HK$8.67n/a11
Jul ’25HK$7.87
HK$9.66
+22.7%
9.4%HK$11.47HK$8.69n/a11
Jun ’25HK$7.90
HK$9.66
+22.3%
9.4%HK$11.48HK$8.70n/a11
May ’25HK$7.76
HK$9.66
+24.5%
9.4%HK$11.48HK$8.70n/a11
Apr ’25HK$7.96
HK$9.83
+23.5%
8.3%HK$11.50HK$9.06n/a11
Mar ’25HK$6.65
HK$10.24
+54.0%
11.9%HK$12.12HK$8.01n/a11
Feb ’25HK$6.43
HK$10.25
+59.4%
11.8%HK$12.12HK$8.00n/a11
Jan ’25HK$7.06
HK$10.62
+50.4%
9.7%HK$12.25HK$8.88n/a11
Dec ’24HK$6.66
HK$10.36
+55.5%
9.5%HK$11.92HK$8.64HK$6.7611
Nov ’24HK$6.83
HK$10.36
+51.6%
9.5%HK$11.92HK$8.64HK$6.5711
Oct ’24HK$6.83
HK$10.77
+57.7%
6.5%HK$12.00HK$9.32HK$6.8711
Sep ’24HK$7.46
HK$10.81
+44.9%
6.5%HK$12.05HK$9.36HK$6.3011
Aug ’24HK$7.57
HK$10.71
+41.5%
7.3%HK$12.40HK$9.05HK$7.0912
Jul ’24HK$7.00
HK$10.78
+54.0%
7.6%HK$12.63HK$9.22HK$7.8711
Jun ’24HK$6.59
HK$10.78
+63.6%
7.6%HK$12.63HK$9.22HK$7.9011
May ’24HK$7.21
HK$10.84
+50.4%
9.2%HK$12.91HK$8.85HK$7.7612
Apr ’24HK$7.60
HK$11.12
+46.3%
8.1%HK$12.99HK$8.90HK$7.9612
Mar ’24HK$8.20
HK$11.52
+40.5%
11.7%HK$14.11HK$8.79HK$6.6511
Feb ’24HK$8.98
HK$11.92
+32.7%
11.1%HK$14.46HK$9.34HK$6.4312
Jan ’24HK$7.89
HK$11.44
+45.0%
12.5%HK$14.03HK$8.60HK$7.0613
Dec ’23HK$8.31
HK$11.21
+34.9%
12.0%HK$13.68HK$8.39HK$6.6613

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 Analysis2024/12/20 07:14
End of Day Share Price 2024/12/20 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

CIMC Enric Holdings Limited is covered by 30 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
Cho Ming LauBOCI Research Ltd.
Xianfan ChenChina International Capital Corporation Limited
Jia YanChina International Capital Corporation Limited