CIMC Enric Holdings Limited

SZSC:3899 Stock Report

Market Cap: HK$13.4b

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$6.61) is trading above our estimate of fair value (HK$6.57)

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 Ratio12.1x
EarningsCN¥1.03b
Market CapCN¥12.45b

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 Average8.2x
2155 Morimatsu International Holdings
6.2x19.0%HK$5.3b
558 L.K. Technology Holdings
8.9x14.2%HK$4.3b
1286 Impro Precision Industries
6.8xn/aHK$4.0b
1882 Haitian International Holdings
10.8x10.7%HK$32.4b
3899 CIMC Enric Holdings
12.1x20.3%HK$13.4b

Price-To-Earnings vs Peers: 3899 is expensive based on its Price-To-Earnings Ratio (12.1x) compared to the peer average (8.2x).

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 12.1xIndustry Avg. 7.4xNo. of Companies10PE0612182430+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 3899 is expensive based on its Price-To-Earnings Ratio (12.1x) compared to the Hong Kong Machinery industry average (7.4x).

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 Ratio12.1x
Fair PE Ratio8x

Price-To-Earnings vs Fair Ratio: 3899 is expensive based on its Price-To-Earnings Ratio (12.1x) compared to the estimated Fair Price-To-Earnings Ratio (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 3899 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentHK$6.61
HK$8.58
+29.8%
12.7%HK$11.35HK$7.28n/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$8.64n/a11
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
Nov ’23HK$7.94
HK$11.19
+40.9%
12.3%HK$13.55HK$8.31HK$6.8313

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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