Qinhuangdao Port Co., Ltd.

SEHK:3369 Stock Report

Market Cap: HK$19.7b

Qinhuangdao Port Valuation

Is 3369 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 3369 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 3369 (HK$1.97) is trading below our estimate of fair value (HK$2.23)

Significantly Below Fair Value: 3369 is trading below fair value, but not by a significant amount.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 3369?

Key metric: As 3369 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 3369. This is calculated by dividing 3369's market cap by their current earnings.
What is 3369's PE Ratio?
PE Ratio6.5x
EarningsCN¥1.58b
Market CapCN¥18.32b

Price to Earnings Ratio vs Peers

How does 3369's PE Ratio compare to its peers?

The above table shows the PE ratio for 3369 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average8.7x
1199 COSCO SHIPPING Ports
6.9x6.0%HK$17.1b
2880 Liaoning Port
13.3xn/aHK$38.5b
6198 Qingdao Port International
6.9x3.7%HK$56.9b
144 China Merchants Port Holdings
7.5x1.2%HK$55.2b
3369 Qinhuangdao Port
6.5xn/aHK$19.7b

Price-To-Earnings vs Peers: 3369 is good value based on its Price-To-Earnings Ratio (6.5x) compared to the peer average (8.7x).


Price to Earnings Ratio vs Industry

How does 3369's PE Ratio compare vs other companies in the HK Infrastructure Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
3369 6.5xIndustry Avg. 7.6xNo. of Companies5PE0612182430+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 3369 is good value based on its Price-To-Earnings Ratio (6.5x) compared to the Hong Kong Infrastructure industry average (7.6x).


Price to Earnings Ratio vs Fair Ratio

What is 3369'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.

3369 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio6.5x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 3369'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