China Merchants Securities Co Ltd
SSE:600999

Watchlist Manager
China Merchants Securities Co Ltd Logo
China Merchants Securities Co Ltd
SSE:600999
Watchlist
Price: 19.24 CNY -0.52% Market Closed
Market Cap: 167.3B CNY
Have any thoughts about
China Merchants Securities Co Ltd?
Write Note
Section:
 

Relative Value

The Relative Value of one China Merchants Securities Co Ltd stock under the Base Case scenario is 24.43 CNY. Compared to the current market price of 19.24 CNY, China Merchants Securities Co Ltd is Undervalued by 21%.

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
24.43 CNY
Undervaluation 21%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

8.7
P/S
P/S
Price to Sales
8.7
vs History
1
vs Industry
24
Median 3Y
5.8
Median 5Y
5.9
Industry
3.1
Forward
8
More Details
18.8
P/E
P/E
Price to Earnings
18.8
vs History
12
vs Industry
31
Median 3Y
14.8
Median 5Y
15.7
Industry
15.3
Forward
19.5
More Details
1.8
P/OCF
P/OCF
Price to OCF
1.8
vs History
57
vs Industry
20
Median 3Y
2.5
Median 5Y
2.4
Industry
10.2
More Details
2.3
P/FCFE
P/FCFE
Price to FCFE
2.3
vs History
88
vs Industry
35
Median 3Y
4.1
Median 5Y
4.8
Industry
12.7
More Details
1.3
P/B
P/B
Price to Book Value
1.3
vs History
25
vs Industry
46
Median 3Y
1
Median 5Y
1.2
Industry
1.3
More Details
20.3
EV/S
EV/S
Enterprise Value to Sales
20.3
vs History
6
vs Industry
10
Median 3Y
15.4
Median 5Y
14.2
Industry
4.8
Forward
18.6
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
7
More Details
39.6
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
39.6
vs History
6
vs Industry
15
Median 3Y
35.1
Median 5Y
31.5
Industry
14.2
Forward
73.4
More Details
39.6
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
39.6
vs History
6
vs Industry
12
Median 3Y
35.1
Median 5Y
31.5
Industry
14.6
Forward
60.9
More Details
4.3
EV/OCF
EV/OCF
Enterprise Value to OCF
4.3
vs History
61
vs Industry
9
Median 3Y
6.6
Median 5Y
6.3
Industry
12.4
More Details
4.3
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
4.3
vs History
61
vs Industry
9
Median 3Y
6.6
Median 5Y
6.4
Industry
13.5
More Details
0.7
EV/IC
EV/IC
Enterprise Value to IC
0.7
vs History
46
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
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CN
China Merchants Securities Co Ltd
SSE:600999
167.3B CNY 8.7 18.8 39.6 39.6
US
Morgan Stanley
NYSE:MS
199.7B USD 1.9 18.8 41.8 54.9
US
Goldman Sachs Group Inc
NYSE:GS
177.5B USD 1.4 15.5 56.4 65.9
EG
EFG Hermes Holdings SAE
LSE:EFGD
167.9B USD 380.3 2 234.6 16 320.9 0
US
Charles Schwab Corp
NYSE:SCHW
135.4B USD 5.3 28.9 49.1 59.7
US
Interactive Brokers Group Inc
NASDAQ:IBKR
75B USD 8.3 107 24.9 25.4
CN
CITIC Securities Co Ltd
SSE:600030
443.4B CNY 7.3 22.9 27.7 27.7
US
Robinhood Markets Inc
NASDAQ:HOOD
33.4B USD 13.7 62.9 50.3 57.2
US
Raymond James Financial Inc
NYSE:RJF
31.5B USD 2.1 15.3 27.9 29.8
US
LPL Financial Holdings Inc
NASDAQ:LPLA
24.6B USD 2.1 24.4 12.9 16.1
CN
China Securities Co Ltd
SSE:601066
172.4B CNY 9 37.7 52.7 52.7

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
Back to Top
ALPHA SPREAD
Follow us
Join more than 210,400+ value investors using Alpha Spread
Create a free account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2024 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.