China Resources Mixc Lifestyle Services Limited

SHSC:1209 Stock Report

Market Cap: HK$68.7b

China Resources Mixc Lifestyle Services Valuation

Is 1209 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 1209 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 1209 (HK$30.1) is trading below our estimate of fair value (HK$52.45)

Significantly Below Fair Value: 1209 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 1209?

Key metric: As 1209 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 1209. This is calculated by dividing 1209's market cap by their current earnings.
What is 1209's PE Ratio?
PE Ratio18.6x
EarningsCN¥3.43b
Market CapCN¥63.90b

Price to Earnings Ratio vs Peers

How does 1209's PE Ratio compare to its peers?

The above table shows the PE ratio for 1209 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average25.4x
1997 Wharf Real Estate Investment
33.8x23.1%HK$64.4b
1972 Swire Properties
42.5x25.6%HK$93.3b
101 Hang Lung Properties
11.6x13.2%HK$30.4b
2602 Onewo
13.9x13.6%HK$25.6b
1209 China Resources Mixc Lifestyle Services
18.6x14.3%HK$68.7b

Price-To-Earnings vs Peers: 1209 is good value based on its Price-To-Earnings Ratio (18.6x) compared to the peer average (25.3x).

Price to Earnings Ratio vs Industry

How does 1209's PE Ratio compare vs other companies in the HK Real Estate Industry?

6 CompaniesPrice / EarningsEstimated GrowthMarket Cap
29 Dynamic Holdings
0.3xn/aUS$226.01m
3883 China Aoyuan Group
0.07xn/aUS$158.43m
2768 Jiayuan International Group
1.4x31.6%US$151.18m
2117 Datang Group Holdings
1.2xn/aUS$87.18m
1209 18.6xIndustry Avg. 7.4xNo. of Companies16PE0612182430+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 1209 is expensive based on its Price-To-Earnings Ratio (18.6x) compared to the Hong Kong Real Estate industry average (7.2x).

Price to Earnings Ratio vs Fair Ratio

What is 1209'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.

1209 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio18.6x
Fair PE Ratio12.9x

Price-To-Earnings vs Fair Ratio: 1209 is expensive based on its Price-To-Earnings Ratio (18.6x) compared to the estimated Fair Price-To-Earnings Ratio (12.9x).

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 1209 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentHK$30.15
HK$34.86
+15.6%
16.1%HK$48.65HK$24.84n/a17
Nov ’25HK$32.60
HK$34.68
+6.4%
16.1%HK$48.78HK$24.91n/a17
Oct ’25HK$34.95
HK$33.97
-2.8%
16.1%HK$49.52HK$25.29n/a16
Sep ’25HK$25.90
HK$34.07
+31.5%
15.3%HK$49.12HK$25.08n/a17
Aug ’25HK$21.50
HK$34.77
+61.7%
13.5%HK$46.72HK$24.59n/a17
Jul ’25HK$25.85
HK$36.06
+39.5%
11.5%HK$46.61HK$30.34n/a17
Jun ’25HK$27.20
HK$35.95
+32.2%
11.2%HK$46.86HK$30.49n/a18
May ’25HK$27.85
HK$35.45
+27.3%
11.3%HK$46.94HK$30.55n/a18
Apr ’25HK$24.75
HK$36.97
+49.4%
16.2%HK$49.91HK$29.90n/a20
Mar ’25HK$23.15
HK$43.03
+85.9%
17.8%HK$54.30HK$31.16n/a18
Feb ’25HK$22.75
HK$44.67
+96.3%
17.6%HK$56.38HK$31.34n/a18
Jan ’25HK$27.85
HK$48.42
+73.9%
14.8%HK$63.01HK$33.65n/a18
Dec ’24HK$28.50
HK$48.81
+71.3%
14.3%HK$63.69HK$33.32n/a20
Nov ’24HK$29.75
HK$48.74
+63.8%
12.2%HK$62.50HK$36.21HK$32.6019
Oct ’24HK$31.60
HK$48.73
+54.2%
11.6%HK$62.43HK$36.17HK$34.9520
Sep ’24HK$33.85
HK$49.56
+46.4%
12.1%HK$63.20HK$36.61HK$25.9020
Aug ’24HK$38.05
HK$49.01
+28.8%
11.2%HK$62.90HK$36.93HK$21.5020
Jul ’24HK$38.90
HK$48.26
+24.1%
9.9%HK$59.59HK$36.58HK$25.8520
Jun ’24HK$35.00
HK$49.50
+41.4%
10.2%HK$61.20HK$36.35HK$27.2020
May ’24HK$41.45
HK$50.70
+22.3%
10.1%HK$62.88HK$37.35HK$27.8520
Apr ’24HK$41.25
HK$50.51
+22.5%
10.0%HK$63.07HK$37.46HK$24.7519
Mar ’24HK$44.30
HK$50.14
+13.2%
9.5%HK$60.51HK$37.45HK$23.1516
Feb ’24HK$45.55
HK$50.25
+10.3%
9.9%HK$61.47HK$38.05HK$22.7518
Jan ’24HK$39.65
HK$47.98
+21.0%
10.9%HK$57.25HK$37.09HK$27.8517
Dec ’23HK$37.45
HK$45.47
+21.4%
12.6%HK$62.58HK$36.54HK$28.5017
Nov ’23HK$25.50
HK$46.43
+82.1%
9.6%HK$56.34HK$40.64HK$29.7516

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

Discover undervalued companies

C&D International Investment Group

HK$28.6b

An investment holding company, engages in the property development, real estate industry chain investment services, and industry investment activities in Mainland China, Hong Kong, Macau, Taiwan, and internationally.

1908

HK$14.16

7D

-5.3%

1Y

-21.1%

Poly Property Group

HK$6.2b

An investment holding company, engages in the property investment, development, and management business in Hong Kong, the People’s Republic of China, and internationally.

119

HK$1.63

7D

-3.6%

1Y

-1.8%

Times China Holdings

HK$462.4m

An investment holding company, operates as a property developer in the People’s Republic of China.

1233

HK$0.22

7D

-2.7%

1Y

-83.3%