CLSA Premium Valuation

Is 6877 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

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 6877 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 6877's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 6877's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 6877?

Key metric: As 6877 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 6877. This is calculated by dividing 6877's market cap by their current earnings.
What is 6877's PE Ratio?
PE Ratio	17.1x
Earnings	HK$12.16m
Market Cap	HK$207.40m

6877 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	n/a
Enterprise Value/EBITDA	n/a
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does 6877's PE Ratio compare to its peers?

The above table shows the PE ratio for 6877 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	43.4x
8350 Well Link Securities Holdings	33.9x	n/a	HK$188.0m
8221 Gaoyu Finance Group	43.1x	n/a	HK$52.4m
2263 Fu Shek Financial Holdings	49.3x	n/a	HK$176.0m
8149 Altus Holdings	47.3x	n/a	HK$89.3m
6877 CLSA Premium	17.1x	n/a	HK$207.4m

Price-To-Earnings vs Peers: 6877 is good value based on its Price-To-Earnings Ratio (17.1x) compared to the peer average (43.4x).

Price to Earnings Ratio vs Industry

How does 6877's PE Ratio compare vs other companies in the HK Capital Markets Industry?

2 Companies	Price / Earnings	Estimated Growth	Market Cap
2799 China CITIC Financial Asset Management	4x	-29.2%	US$6.29b
8098 CL Group (Holdings)	3.7x	n/a	US$11.03m

No more companies available in this PE range

2 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 6877 is good value based on its Price-To-Earnings Ratio (17.1x) compared to the Hong Kong Capital Markets industry average (24.5x).

Price to Earnings Ratio vs Fair Ratio

What is 6877'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.

6877 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	17.1x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 6877's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

Discover undervalued companies

CSC Financial

HK$197.0b

Provides investment banking services in Mainland China and internationally.

6066

HK$9.92

-2.7%

33.2%

Genertec Universal Medical Group

HK$8.8b

Offers financing and advisory services in the People’s Republic of China.

2666

HK$4.66

-3.1%

12.0%

China Renaissance Holdings

HK$4.1b

Provides investment banking and investment management services in Mainland China, Hong Kong, and the United States.

1911

HK$7.27

-26.2%