GDS Holdings Limited

NasdaqGM:GDS Stock Report

Market Cap: US$6.2b

GDS Holdings Valuation

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

Valuation Score

3/6

Valuation Score 3/6

  • Below Future Cash Flow Value

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

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: Insufficient data to calculate GDS's future cash flow value for valuation analysis.

Significantly Below Future Cash Flow Value: Insufficient data to calculate GDS's future cash flow value for valuation analysis.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for GDS. This is calculated by dividing GDS's market cap by their current earnings.
What is GDS's PE Ratio?
PE Ratio11.3x
EarningsCN¥3.66b
Market CapCN¥41.43b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for GDS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average35.9x
GDDY GoDaddy
13.6x11.24%US$12.4b
AKAM Akamai Technologies
37.3x15.86%US$15.3b
DOCN DigitalOcean Holdings
61.5x-25.84%US$14.5b
VRSN VeriSign
31.1x7.42%US$26.4b
GDS GDS Holdings
11.3x-57.62%US$6.2b

Price-To-Earnings vs Peers: GDS is good value based on its Price-To-Earnings Ratio (11.3x) compared to the peer average (35.9x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does GDS's PE Ratio compare vs other companies in the US IT Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
FRQN Frequency Holdings
0.004xn/aUS$41.26k
MCOM Micromobility.com
0.004xn/aUS$9.22k
GMTH GMTech
0.009xn/aUS$3.60k
No more companies available in this PE range
GDS 11.3xIndustry Avg. 21.5xNo. of Companies10PE020406080100+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: GDS is good value based on its Price-To-Earnings Ratio (11.3x) compared to the US IT industry average (21.5x).

Price to Earnings Ratio vs Fair Ratio

What is GDS'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.

GDS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio11.3x
Fair PE Ratio9.9x

Price-To-Earnings vs Fair Ratio: GDS is expensive based on its Price-To-Earnings Ratio (11.3x) compared to the estimated Fair Price-To-Earnings Ratio (9.9x).

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 GDS forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$30.82
US$50.61
+64.20%
9.40%US$62.93US$40.06n/a16
Sep ’27US$31.24
US$50.71
+62.32%
9.08%US$62.92US$40.14n/a16
Aug ’27US$32.74
US$51.90
+58.51%
14.80%US$64.66US$36.03n/a17
Jul ’27US$31.61
US$53.35
+68.79%
16.13%US$70.23US$36.04n/a18
Jun ’27US$35.51
US$53.89
+51.76%
16.04%US$70.54US$36.20n/a18
May ’27US$42.41
US$56.71
+33.72%
16.52%US$71.25US$32.94n/a17
Apr ’27US$41.66
US$55.50
+33.23%
17.90%US$70.37US$33.00n/a19
Mar ’27US$41.31
US$52.87
+27.98%
15.86%US$69.32US$33.38n/a21
Feb ’27US$44.69
US$50.90
+13.90%
17.41%US$68.65US$33.06n/a21
Jan ’27US$34.90
US$48.29
+38.37%
15.73%US$68.12US$33.49n/a20
Dec ’26US$34.62
US$47.95
+38.51%
15.61%US$67.48US$33.18n/a20
Nov ’26US$35.70
US$48.15
+34.89%
15.38%US$67.06US$33.26n/a19
Oct ’26US$40.23
US$47.97
+19.24%
15.46%US$66.98US$33.22n/a19
Sep ’26US$34.56
US$47.53
+37.54%
14.98%US$67.59US$33.23US$31.2419
Aug ’26US$34.12
US$44.26
+29.73%
17.39%US$64.66US$29.00US$32.7419
Jul ’26US$29.47
US$41.34
+40.27%
14.80%US$53.22US$29.13US$31.6119
Jun ’26US$23.69
US$41.19
+73.89%
14.79%US$53.02US$29.02US$35.5119
May ’26US$25.76
US$43.86
+70.25%
19.64%US$63.32US$29.00US$42.4118
Apr ’26US$25.21
US$43.83
+73.85%
20.61%US$62.71US$28.94US$41.6618
Mar ’26US$38.05
US$39.69
+4.31%
35.50%US$66.03US$7.29US$41.3117
Feb ’26US$21.71
US$25.56
+17.72%
21.65%US$35.01US$7.29US$44.6917
Jan ’26US$23.76
US$24.80
+4.40%
20.64%US$30.49US$7.25US$34.9016
Dec ’25US$19.69
US$25.12
+27.60%
20.62%US$30.70US$7.30US$34.6215
Nov ’25US$20.84
US$23.84
+14.41%
24.19%US$30.82US$7.43US$35.7015
Oct ’25US$22.38
US$22.43
+0.23%
26.26%US$30.00US$7.55US$40.2315
Sep ’25US$17.03
US$20.92
+22.84%
27.69%US$28.99US$7.62US$34.5615
US$50.61
Fair Value
39.1% undervalued intrinsic discount
16
Number of Analysts

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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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/14 03:43
End of Day Share Price 2026/09/11 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

GDS Holdings Limited is covered by 37 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nathan CrossettBerenberg
Huiqun LiBofA Global Research
Yishi ChenCCB International Securities Limited