China Overseas Land & Investment Limited

SEHK:688 Stock Report

Market Cap: HK$169.6b

China Overseas Land & Investment Valuation

Is 688 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 688 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 688 (HK$15.5) is trading above our estimate of fair value (HK$7.7)

Significantly Below Fair Value: 688 is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 688?

Other financial metrics that can be useful for relative valuation.

688 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/Revenue1.7x
Enterprise Value/EBITDA10.1x
PEG Ratio1.3x

Price to Earnings Ratio vs Peers

How does 688's PE Ratio compare to its peers?

The above table shows the PE ratio for 688 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average10x
1109 China Resources Land
6.3x4.7%HK$190.8b
1113 CK Asset Holdings
7.2x1.4%HK$111.6b
12 Henderson Land Development
18.9x17.3%HK$122.2b
960 Longfor Group Holdings
7.7x5.2%HK$89.8b
688 China Overseas Land & Investment
6.9x5.5%HK$169.6b

Price-To-Earnings vs Peers: 688 is good value based on its Price-To-Earnings Ratio (6.9x) compared to the peer average (10x).


Price to Earnings Ratio vs Industry

How does 688's PE Ratio compare vs other companies in the HK Real Estate Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a20.8%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a20.8%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: 688 is good value based on its Price-To-Earnings Ratio (6.9x) compared to the Hong Kong Real Estate industry average (8.2x).


Price to Earnings Ratio vs Fair Ratio

What is 688'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.

688 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio6.9x
Fair PE Ratio13.1x

Price-To-Earnings vs Fair Ratio: 688 is good value based on its Price-To-Earnings Ratio (6.9x) compared to the estimated Fair Price-To-Earnings Ratio (13.1x).


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 688 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentHK$15.50
HK$16.82
+8.5%
15.1%HK$21.00HK$12.38n/a18
Oct ’25HK$15.92
HK$16.10
+1.1%
13.1%HK$21.00HK$12.53n/a18
Sep ’25HK$12.38
HK$16.09
+29.9%
11.0%HK$21.00HK$12.70n/a18
Aug ’25HK$12.44
HK$17.74
+42.6%
14.6%HK$24.30HK$12.70n/a19
Jul ’25HK$13.54
HK$18.16
+34.2%
14.0%HK$24.30HK$13.10n/a20
Jun ’25HK$14.74
HK$18.05
+22.5%
14.3%HK$24.30HK$13.10n/a20
May ’25HK$14.58
HK$17.62
+20.9%
12.0%HK$21.00HK$13.10n/a20
Apr ’25HK$11.26
HK$17.63
+56.6%
13.3%HK$21.74HK$13.10n/a20
Mar ’25HK$11.44
HK$20.30
+77.5%
15.5%HK$26.88HK$15.30n/a20
Feb ’25HK$11.56
HK$20.59
+78.1%
14.4%HK$26.88HK$15.60n/a20
Jan ’25HK$13.76
HK$21.88
+59.0%
12.4%HK$26.88HK$15.60n/a21
Dec ’24HK$14.22
HK$22.43
+57.7%
10.9%HK$26.88HK$17.60n/a21
Nov ’24HK$14.88
HK$22.41
+50.6%
11.1%HK$26.88HK$17.60HK$15.5021
Oct ’24HK$16.24
HK$22.51
+38.6%
11.0%HK$26.88HK$17.60HK$15.9221
Sep ’24HK$16.54
HK$23.02
+39.2%
11.0%HK$27.90HK$17.60HK$12.3823
Aug ’24HK$18.38
HK$24.87
+35.3%
10.3%HK$31.00HK$19.35HK$12.4423
Jul ’24HK$17.08
HK$24.98
+46.3%
10.0%HK$31.00HK$19.35HK$13.5423
Jun ’24HK$15.70
HK$25.35
+61.4%
8.7%HK$31.00HK$20.48HK$14.7422
May ’24HK$19.84
HK$25.51
+28.6%
8.7%HK$31.00HK$21.08HK$14.5822
Apr ’24HK$18.96
HK$26.43
+39.4%
11.0%HK$31.50HK$21.21HK$11.2623
Mar ’24HK$20.40
HK$27.06
+32.7%
10.1%HK$31.50HK$21.21HK$11.4423
Feb ’24HK$21.40
HK$27.19
+27.1%
10.1%HK$31.50HK$21.59HK$11.5623
Jan ’24HK$20.60
HK$27.53
+33.6%
10.1%HK$32.20HK$21.60HK$13.7622
Dec ’23HK$20.45
HK$27.59
+34.9%
10.5%HK$32.20HK$21.60HK$14.2223
Nov ’23HK$15.14
HK$27.50
+81.6%
10.7%HK$32.20HK$21.60HK$14.8824

Analyst Forecast: Target price is less than 20% higher than the current share price.


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