Hongta Securities Co Ltd
SSE:601236
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EV/GP
Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.
Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.
Valuation Scenarios
If EV/GP returns to its 3-Year Average (31.5), the stock would be worth ¥10.73 (39% upside from current price).
| Scenario | EV/GP Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 22.7 | ¥7.72 |
0%
|
| 3-Year Average | 31.5 | ¥10.73 |
+39%
|
| 5-Year Average | 31.5 | ¥10.72 |
+39%
|
| Industry Average | 11.4 | ¥3.87 |
-50%
|
| Country Average | 13.6 | ¥4.62 |
-40%
|
Forward EV/GP
Today’s price vs future gross profit
Peer Comparison
| Market Cap | EV/GP | P/E | ||||
|---|---|---|---|---|---|---|
| CN |
|
Hongta Securities Co Ltd
SSE:601236
|
36.3B CNY | 22.7 | 29.9 | |
| US |
|
Morgan Stanley
NYSE:MS
|
296.1B USD | 15.2 | 16.9 | |
| US |
|
Goldman Sachs Group Inc
NYSE:GS
|
267.1B USD | 25.4 | 15.6 | |
| EG |
|
EFG Hermes Holdings SAE
LSE:EFGD
|
167.9B USD | 0 | 2 248.9 | |
| US |
|
Charles Schwab Corp
NYSE:SCHW
|
160.3B USD | 16.2 | 17.8 | |
| US |
|
Interactive Brokers Group Inc
NASDAQ:IBKR
|
130.7B USD | 26.1 | 125.9 | |
| US |
|
Robinhood Markets Inc
NASDAQ:HOOD
|
64.2B USD | 15.5 | 34.1 | |
| CN |
|
CITIC Securities Co Ltd
SSE:600030
|
404.6B CNY | 8.6 | 13.9 | |
| CN |
|
Guotai Junan Securities Co Ltd
SSE:601211
|
284.2B CNY | 12.7 | 10.4 | |
| US |
|
Raymond James Financial Inc
NYSE:RJF
|
30.7B USD | 6 | 14.3 | |
| US |
|
LPL Financial Holdings Inc
NASDAQ:LPLA
|
26.5B USD | 1.8 | 30.7 |
Market Distribution
| Min | 0 |
| 30th Percentile | 8 |
| Median | 13.6 |
| 70th Percentile | 23.3 |
| Max | 17 898 541.1 |
Other Multiples
Hongta Securities Co Ltd
Glance View
Hongta Securities Co Ltd., a key player in China's financial landscape, traces its roots back to 1993. Born out of the Hong Yun Group, known for its ties to the tobacco industry, Hongta Securities has since carved out a robust presence in the world of financial services. The company functions as a comprehensive securities firm, offering a wide array of financial services encompassing securities brokerage, investment banking, asset management, and wealth management. Its brokerage arm stands as a cornerstone, facilitating the buying and selling of securities for a diverse clientele, ranging from individual retail investors to large institutional clients. Through this brokerage service, the firm earns commissions on trades and fees for advisory services, thereby generating a stable revenue stream. Beyond brokerage, Hongta's investment banking segment propels the company into corporate finance, where it lends its expertise in underwriting, mergers and acquisitions, and strategic advisory services. This segment significantly contributes to Hongta's revenue by securing fees from clients for helping them access capital markets or navigate complex financial transactions. Meanwhile, the asset management division seeks to enhance revenue through management and performance fees by offering tailored investment products and solutions. This diversified business model enables Hongta Securities to withstand market volatility, capitalizing on various opportunities across China's ever-evolving financial ecosystem. Through a blend of traditional financial acumen and modern financial service offerings, Hongta Securities positions itself as a pivotal player harnessing growth trajectories both within and beyond domestic markets.