China Travel International Investment Hong Kong Limited

SEHK:308 Stock Report

Market Cap: HK$5.7b

China Travel International Investment Hong Kong Valuation

Is 308 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

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

Below Fair Value: 308 (HK$1.03) is trading above our estimate of fair value (HK$0.38)

Significantly Below Fair Value: 308 is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 308?

Key metric: As 308 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 308. This is calculated by dividing 308's market cap by their current earnings.
What is 308's PE Ratio?
PE Ratio72.6x
EarningsHK$78.55m
Market CapHK$5.70b

Price to Earnings Ratio vs Peers

How does 308's PE Ratio compare to its peers?

The above table shows the PE ratio for 308 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average19.6x
1992 Fosun Tourism Group
29.6x36.9%HK$5.0b
71 Miramar Hotel and Investment Company
6.5xn/aHK$6.3b
69 Shangri-La Asia
17x34.5%HK$19.5b
1221 Sino Hotels (Holdings)
25.1xn/aHK$1.6b
308 China Travel International Investment Hong Kong
72.6x39.0%HK$5.7b

Price-To-Earnings vs Peers: 308 is expensive based on its Price-To-Earnings Ratio (72.6x) compared to the peer average (19.6x).


Price to Earnings Ratio vs Industry

How does 308's PE Ratio compare vs other companies in the HK Hospitality Industry?

5 CompaniesPrice / EarningsEstimated GrowthMarket Cap
1383 LET Group Holdings
1.3xn/aUS$38.09m
1655 Okura Holdings
0.7xn/aUS$9.41m
8052 Luk Hing Entertainment Group Holdings
1.3xn/aUS$2.68m
8475 E-Station Green Technology Group
0.4xn/aUS$2.28m
308 72.6xIndustry Avg. 16.9xNo. of Companies6PE01020304050+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 308 is expensive based on its Price-To-Earnings Ratio (72.6x) compared to the Hong Kong Hospitality industry average (16.9x).


Price to Earnings Ratio vs Fair Ratio

What is 308'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.

308 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio72.6x
Fair PE Ratio16.8x

Price-To-Earnings vs Fair Ratio: 308 is expensive based on its Price-To-Earnings Ratio (72.6x) compared to the estimated Fair Price-To-Earnings Ratio (16.8x).


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 308 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentHK$1.03
HK$1.46
+41.7%
17.6%HK$1.68HK$1.10n/a3
Dec ’25HK$0.97
HK$1.46
+50.5%
17.6%HK$1.68HK$1.10n/a3
Nov ’25HK$1.02
HK$1.46
+43.1%
17.6%HK$1.68HK$1.10n/a3
Oct ’25HK$1.17
HK$1.46
+24.8%
17.6%HK$1.68HK$1.10n/a3
Sep ’25HK$1.00
HK$1.53
+52.7%
10.7%HK$1.68HK$1.30n/a3
Aug ’25HK$1.10
HK$1.53
+38.8%
10.7%HK$1.68HK$1.30n/a3
Jul ’25HK$1.16
HK$1.53
+31.7%
9.3%HK$1.68HK$1.30n/a4
Jun ’25HK$1.21
HK$1.65
+36.6%
6.1%HK$1.80HK$1.53n/a4
May ’25HK$1.26
HK$1.69
+34.4%
4.9%HK$1.80HK$1.60n/a3
Apr ’25HK$1.31
HK$1.74
+32.8%
3.4%HK$1.80HK$1.68n/a2
Mar ’25HK$1.36
HK$1.95
+43.4%
7.7%HK$2.10HK$1.80n/a2
Feb ’25HK$1.32
HK$1.95
+47.7%
7.7%HK$2.10HK$1.80n/a2
Jan ’25HK$1.34
HK$1.95
+45.5%
7.7%HK$2.10HK$1.80n/a2
Dec ’24HK$1.40
HK$1.95
+39.3%
7.7%HK$2.10HK$1.80HK$0.972
Nov ’24HK$1.39
HK$1.83
+31.8%
11.2%HK$2.10HK$1.53HK$1.024
Oct ’24HK$1.50
HK$1.83
+22.2%
11.2%HK$2.10HK$1.53HK$1.174
Sep ’24HK$1.49
HK$1.81
+21.3%
9.7%HK$2.00HK$1.53HK$1.004
Aug ’24HK$1.70
HK$1.81
+6.3%
9.7%HK$2.00HK$1.53HK$1.104
Jul ’24HK$1.53
HK$1.81
+18.1%
9.7%HK$2.00HK$1.53HK$1.164
Jun ’24HK$1.50
HK$1.81
+20.5%
9.7%HK$2.00HK$1.53HK$1.214
May ’24HK$1.67
HK$1.81
+8.2%
9.7%HK$2.00HK$1.53HK$1.264
Apr ’24HK$1.61
HK$1.83
+13.8%
10.5%HK$2.00HK$1.53HK$1.314
Mar ’24HK$1.60
HK$1.83
+14.5%
10.5%HK$2.00HK$1.53HK$1.364
Feb ’24HK$1.69
HK$1.83
+8.4%
10.5%HK$2.00HK$1.53HK$1.324
Jan ’24HK$1.77
HK$1.73
-2.4%
11.5%HK$2.00HK$1.53HK$1.343
Dec ’23HK$1.49
HK$1.59
+6.7%
3.8%HK$1.65HK$1.53HK$1.402

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.


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