China Merchants Securities Co Ltd
SSE:600999

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China Merchants Securities Co Ltd Logo
China Merchants Securities Co Ltd
SSE:600999
Watchlist
Price: 17.92 CNY -1.54% Market Closed
Market Cap: 155.8B CNY
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one China Merchants Securities Co Ltd stock under the Base Case scenario is 25.4 CNY. Compared to the current market price of 17.92 CNY, China Merchants Securities Co Ltd is Undervalued by 29%.

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
25.4 CNY
Undervaluation 29%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

8.1
P/S
P/S
Price to Sales
8.1
vs History
6
vs Industry
24
Median 3Y
6
Median 5Y
6
Industry
3.1
Forward
7.2
More Details
17.5
P/E
P/E
Price to Earnings
17.5
vs History
22
vs Industry
31
Median 3Y
15.2
Median 5Y
15.7
Industry
14.6
Forward
16.9
More Details
1.7
P/OCF
P/OCF
Price to OCF
1.7
vs History
61
vs Industry
20
Median 3Y
2.5
Median 5Y
1.9
Industry
9.9
More Details
2.1
P/FCFE
P/FCFE
Price to FCFE
2.1
vs History
90
vs Industry
35
Median 3Y
4
Median 5Y
4.7
Industry
12.2
More Details
1.3
P/B
P/B
Price to Book Value
1.3
vs History
39
vs Industry
46
Median 3Y
1
Median 5Y
1.2
Industry
1.3
More Details
19.7
EV/S
EV/S
Enterprise Value to Sales
19.7
vs History
11
vs Industry
10
Median 3Y
16.9
Median 5Y
14.2
Industry
4.7
Forward
17.6
More Details
N/A
EV/GP
EV/GP
Enterprise Value to Gross Profit
N/A
vs History
vs Industry
17
Median 3Y
0
Median 5Y
0
Industry
6.8
More Details
38.4
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
38.4
vs History
15
vs Industry
15
Median 3Y
36.9
Median 5Y
31.5
Industry
13.9
Forward
71.2
More Details
38.4
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
38.4
vs History
15
vs Industry
12
Median 3Y
36.9
Median 5Y
31.5
Industry
14.3
Forward
59.1
More Details
4.2
EV/OCF
EV/OCF
Enterprise Value to OCF
4.2
vs History
61
vs Industry
9
Median 3Y
6.6
Median 5Y
4.9
Industry
11.8
More Details
4.2
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
4.2
vs History
61
vs Industry
9
Median 3Y
6.6
Median 5Y
5
Industry
12.7
More Details
0.7
EV/IC
EV/IC
Enterprise Value to IC
0.7
vs History
53
vs Industry
52
Median 3Y
0.7
Median 5Y
0.7
Industry
0.9
More Details

Multiples Across Competitors

Competitors Multiples
China Merchants Securities Co Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
CN
China Merchants Securities Co Ltd
SSE:600999
155.8B CNY 8.1 17.5 38.4 38.4
US
Morgan Stanley
NYSE:MS
193.7B USD 1.8 15.1 37 47.4
US
Goldman Sachs Group Inc
NYSE:GS
175.6B USD 1.4 13 48.4 54.6
EG
EFG Hermes Holdings SAE
LSE:EFGD
167.9B USD 343 2 057.4 15 302.6 0
US
Charles Schwab Corp
NYSE:SCHW
143.5B USD 5.5 26.2 43.6 51.5
US
Interactive Brokers Group Inc
NASDAQ:IBKR
73.3B USD 7.8 97 22.8 23.2
CN
CITIC Securities Co Ltd
SSE:600030
401.5B CNY 6.6 20.8 26.3 26.3
US
Robinhood Markets Inc
NASDAQ:HOOD
39.2B USD 13.3 27.8 32.9 35.3
US
Raymond James Financial Inc
NYSE:RJF
28.7B USD 1.9 13.3 26 27.6
CN
China Securities Co Ltd
SSE:601066
186.8B CNY 9.7 40.8 53.3 53.3
US
LPL Financial Holdings Inc
NASDAQ:LPLA
24.5B USD 2 23.1 12.7 15.9

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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