Hong Kong Exchanges and Clearing Ltd
HKEX:388

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Hong Kong Exchanges and Clearing Ltd Logo
Hong Kong Exchanges and Clearing Ltd
HKEX:388
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Price: 357.8 HKD 1.07% Market Closed
Market Cap: 453.6B HKD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one Hong Kong Exchanges and Clearing Ltd stock under the Base Case scenario is 126.34 HKD. Compared to the current market price of 357.8 HKD, Hong Kong Exchanges and Clearing Ltd is Overvalued by 65%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

Relative Value
Base Case
126.34 HKD
Overvaluation 65%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

26.2
P/S
P/S
Price to Sales
26.2
vs History
34
vs Industry
8
Median 3Y
23
Median 5Y
24.5
Industry
3.1
Forward
18.3
More Details
34.8
P/E
P/E
Price to Earnings
34.8
vs History
57
vs Industry
14
Median 3Y
34
Median 5Y
36.9
Industry
14.6
Forward
33.3
More Details
39.1
P/OCF
P/OCF
Price to OCF
39.1
vs History
15
vs Industry
8
Median 3Y
29.5
Median 5Y
32.2
Industry
9.9
More Details
102.3
P/FCFE
P/FCFE
Price to FCFE
102.3
vs History
0
vs Industry
5
Median 3Y
50.5
Median 5Y
46.4
Industry
12.2
More Details
8.4
P/B
P/B
Price to Book Value
8.4
vs History
46
vs Industry
4
Median 3Y
7.6
Median 5Y
8.3
Industry
1.3
More Details
12.9
EV/S
EV/S
Enterprise Value to Sales
12.9
vs History
22
vs Industry
16
Median 3Y
5.3
Median 5Y
8
Industry
4.7
Forward
9
More Details
N/A
EV/GP
EV/GP
Enterprise Value to Gross Profit
N/A
vs History
vs Industry
Median 3Y
0
Median 5Y
0
Industry
6.8
More Details
19.7
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
19.7
vs History
12
vs Industry
28
Median 3Y
8.2
Median 5Y
11.8
Industry
13.9
Forward
12
More Details
22.5
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
22.5
vs History
12
vs Industry
23
Median 3Y
9.6
Median 5Y
13.8
Industry
14.3
Forward
13.3
More Details
19.3
EV/OCF
EV/OCF
Enterprise Value to OCF
19.3
vs History
11
vs Industry
19
Median 3Y
7
Median 5Y
9.8
Industry
11.8
More Details
22.2
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
22.2
vs History
7
vs Industry
17
Median 3Y
8
Median 5Y
10.8
Industry
12.7
More Details
2
EV/IC
EV/IC
Enterprise Value to IC
2
vs History
34
vs Industry
20
Median 3Y
1.2
Median 5Y
1.5
Industry
0.9
More Details

Multiples Across Competitors

Competitors Multiples
Hong Kong Exchanges and Clearing Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
HK
Hong Kong Exchanges and Clearing Ltd
HKEX:388
453.6B HKD 26.2 34.8 19.7 22.5
US
S&P Global Inc
NYSE:SPGI
160B USD 11.3 41.5 24.4 29.4
US
Intercontinental Exchange Inc
NYSE:ICE
100.9B USD 8.6 36.6 19.8 26.7
US
CME Group Inc
NASDAQ:CME
94.5B USD 9.3 27.1 11.3 11.8
US
Moody's Corp
NYSE:MCO
84.8B USD 12 41.2 26 29.7
UK
London Stock Exchange Group PLC
LSE:LSEG
59.9B GBP 6.7 86.5 15.2 35.2
DE
Deutsche Boerse AG
XETRA:DB1
48.6B EUR 6.9 24.9 15.7 18.4
CN
East Money Information Co Ltd
SZSE:300059
362.8B CNY 36.7 45.2 42 42
US
Coinbase Global Inc
NASDAQ:COIN
49.2B USD 7.5 19.1 19 20.1
US
Nasdaq Inc
NASDAQ:NDAQ
44.6B USD 6 39.9 20.8 27.3
US
MSCI Inc
NYSE:MSCI
44.3B USD 15.5 39.9 28.3 31.7

See Also

Summary
Intrinsic value, competitors valuation, and company profile.
DCF Valuation
Stock valuation using Discount Cash Flow valuation method.
Relative Valuation
Stock valuation using valuation multiples.
Wall Street Estimates
Price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
Stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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