Alibaba Pictures Group Limited

SEHK:1060 Stock Report

Market Cap: HK$13.8b

Alibaba Pictures Group Valuation

Is 1060 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • 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 1060 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 1060 (HK$0.47) is trading below our estimate of fair value (HK$0.93)

Significantly Below Fair Value: 1060 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 1060?

Key metric: As 1060 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 1060. This is calculated by dividing 1060's market cap by their current earnings.
What is 1060's PE Ratio?
PE Ratio37.1x
EarningsCN¥346.28m
Market CapCN¥12.85b

Price to Earnings Ratio vs Peers

How does 1060's PE Ratio compare to its peers?

The above table shows the PE ratio for 1060 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average15.8x
1896 Maoyan Entertainment
10.9x13.6%HK$9.2b
9899 NetEase Cloud Music
18.2x9.2%HK$24.5b
136 China Ruyi Holdings
28.5x18.4%HK$25.6b
3611 Huafang Group
5.5xn/aHK$2.3b
1060 Alibaba Pictures Group
37.1x35.5%HK$13.8b

Price-To-Earnings vs Peers: 1060 is expensive based on its Price-To-Earnings Ratio (37.1x) compared to the peer average (19.2x).

Price to Earnings Ratio vs Industry

How does 1060's PE Ratio compare vs other companies in the HK Entertainment Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
1060 37.1xIndustry Avg. 28.1xNo. of Companies5PE01224364860+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 1060 is expensive based on its Price-To-Earnings Ratio (37.1x) compared to the Asian Entertainment industry average (27.4x).

Price to Earnings Ratio vs Fair Ratio

What is 1060'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.

1060 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio37.1x
Fair PE Ratio19x

Price-To-Earnings vs Fair Ratio: 1060 is expensive based on its Price-To-Earnings Ratio (37.1x) compared to the estimated Fair Price-To-Earnings Ratio (19x).

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 1060 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentHK$0.47
HK$0.60
+28.8%
2.7%HK$0.62HK$0.57n/a5
Nov ’25HK$0.48
HK$0.60
+24.8%
2.7%HK$0.62HK$0.57n/a5
Oct ’25HK$0.51
HK$0.60
+17.5%
2.7%HK$0.62HK$0.57n/a5
Sep ’25HK$0.37
HK$0.59
+59.7%
1.8%HK$0.61HK$0.57n/a5
Aug ’25HK$0.39
HK$0.59
+50.0%
2.2%HK$0.60HK$0.57n/a3
Jul ’25HK$0.41
HK$0.59
+41.4%
2.1%HK$0.60HK$0.57n/a3
Jun ’25HK$0.45
HK$0.59
+30.4%
2.1%HK$0.60HK$0.57n/a3
May ’25HK$0.47
HK$0.63
+34.6%
4.8%HK$0.66HK$0.59n/a3
Apr ’25HK$0.46
HK$0.62
+35.2%
8.1%HK$0.66HK$0.55n/a3
Mar ’25HK$0.46
HK$0.63
+39.1%
10.5%HK$0.71HK$0.55n/a3
Feb ’25HK$0.41
HK$0.65
+59.5%
8.9%HK$0.72HK$0.57n/a3
Jan ’25HK$0.48
HK$0.65
+34.6%
8.9%HK$0.72HK$0.57n/a3
Dec ’24HK$0.54
HK$0.65
+20.1%
9.4%HK$0.70HK$0.56n/a3
Nov ’24HK$0.51
HK$0.62
+21.9%
9.4%HK$0.70HK$0.56HK$0.483
Oct ’24HK$0.62
HK$0.57
-8.6%
7.6%HK$0.61HK$0.52HK$0.512
Sep ’24HK$0.52
HK$0.49
-5.4%
7.7%HK$0.53HK$0.45HK$0.372
Aug ’24HK$0.48
HK$0.49
+2.4%
7.7%HK$0.53HK$0.45HK$0.392
Jul ’24HK$0.41
HK$0.48
+18.0%
4.9%HK$0.51HK$0.46HK$0.412
Jun ’24HK$0.41
HK$0.48
+19.4%
4.9%HK$0.51HK$0.46HK$0.452
May ’24HK$0.49
HK$0.56
+13.6%
5.8%HK$0.60HK$0.53HK$0.472
Apr ’24HK$0.51
HK$0.56
+10.3%
5.8%HK$0.60HK$0.53HK$0.462
Mar ’24HK$0.52
HK$0.62
+19.5%
3.5%HK$0.64HK$0.60HK$0.462
Feb ’24HK$0.58
HK$0.62
+7.1%
3.5%HK$0.64HK$0.60HK$0.412
Jan ’24HK$0.57
HK$0.56
-1.0%
9.7%HK$0.62HK$0.51HK$0.482
Dec ’23HK$0.45
HK$0.52
+16.1%
16.3%HK$0.60HK$0.43HK$0.542
Nov ’23HK$0.32
HK$0.50
+59.9%
12.6%HK$0.57HK$0.44HK$0.512

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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