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Meituan
HKEX:3690

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Meituan
HKEX:3690
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Price: 93.05 HKD -4.81%
Updated: Apr 19, 2024
Section:
 

Relative Value

The Relative Value of one Meituan stock under the Base Case scenario is 78.78 HKD. Compared to the current market price of 93.05 HKD, Meituan is Overvalued by 15%.

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
78.78 HKD
Overvaluation 15%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

1.9
P/S
P/S
Price to Sales
1.9
vs History
92
vs Industry
13
Median 3Y
4.4
Median 5Y
4.9
Industry
0.6
Forward
1.6
More Details
38.8
P/E
P/E
Price to Earnings
38.8
vs History
44
vs Industry
9
Median 3Y
-36.5
Median 5Y
26.5
Industry
16.4
Forward
18.6
More Details
13.4
P/OCF
P/OCF
Price to OCF
13.4
vs History
58
vs Industry
20
Median 3Y
19.5
Median 5Y
21.8
Industry
8
More Details
13.3
P/FCFE
P/FCFE
Price to FCFE
13.3
vs History
63
vs Industry
29
Median 3Y
25.5
Median 5Y
30.9
Industry
15.9
More Details
3.6
P/B
P/B
Price to Book Value
3.6
vs History
87
vs Industry
16
Median 3Y
7.3
Median 5Y
6.5
Industry
1.6
More Details
1.7
EV/S
EV/S
Enterprise Value to Sales
1.7
vs History
90
vs Industry
18
Median 3Y
4.1
Median 5Y
4.6
Industry
0.7
Forward
1.3
More Details
4.7
EV/GP
EV/GP
Enterprise Value to Gross Profit
4.7
vs History
90
vs Industry
20
Median 3Y
15.2
Median 5Y
15.3
Industry
2.3
More Details
42.3
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
42.3
vs History
44
vs Industry
4
Median 3Y
-42
Median 5Y
25.6
Industry
8.5
Forward
11.9
More Details
42.3
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
42.3
vs History
34
vs Industry
6
Median 3Y
-47.7
Median 5Y
-36.3
Industry
12.8
Forward
17.8
More Details
11.3
EV/OCF
EV/OCF
Enterprise Value to OCF
11.3
vs History
57
vs Industry
28
Median 3Y
16.8
Median 5Y
19.9
Industry
9.2
More Details
11.3
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
11.3
vs History
42
vs Industry
34
Median 3Y
11.2
Median 5Y
6.5
Industry
12.8
More Details
3.7
EV/IC
EV/IC
Enterprise Value to IC
3.7
vs History
88
vs Industry
10
Median 3Y
7.3
Median 5Y
7.3
Industry
1.1
More Details

Multiples Across Competitors

Competitors Multiples
Meituan 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
Meituan
HKEX:3690
582B HKD 1.9 38.8 42.3 42.3
US
Amazon.com Inc
NASDAQ:AMZN
1.9T USD 3.2 61.2 21.6 50.2
ZA
Naspers Ltd
JSE:NPN
662.8B Zac 0 0 0 0
UK
in Style Group PLC
LSE:ITS
201.8B GBP 3 731.5 -37 596.5 -50 530.6 -36 808.2
CN
Alibaba Group Holding Ltd
NYSE:BABA
172.2B USD 1.3 12.5 6.2 6.2
CN
Pinduoduo Inc
NASDAQ:PDD
151.1B USD 4.4 18.2 15 15
NL
Prosus NV
AEX:PRX
73B EUR 14.9 7.1 -197.8 -197.8
UY
MercadoLibre Inc
BMV:MELIN
1.2T MXN 4.8 70.6 28.1 36.1
AR
Mercadolibre Inc
NASDAQ:MELI
69.2B USD 4.8 70.1 27.8 35.8
US
DoorDash Inc
NYSE:DASH
52.5B USD 6.1 -94 -711.5 -83.9
KR
Coupang Inc
NYSE:CPNG
39.9B USD 1.6 29.4 47.5 75.1
P/E Multiple
Earnings Growth
CN
Meituan
HKEX:3690
Average P/E: 38.5
38.8
288%
US
Amazon.com Inc
NASDAQ:AMZN
61.2
136%
ZA
N
Naspers Ltd
JSE:NPN
Not Available
-11%
UK
i
in Style Group PLC
LSE:ITS
Negative Multiple: -37 596.5 N/A
CN
Alibaba Group Holding Ltd
NYSE:BABA
12.5
151%
CN
Pinduoduo Inc
NASDAQ:PDD
18.2
130%
NL
Prosus NV
AEX:PRX
7.1
-13%
UY
MercadoLibre Inc
BMV:MELIN
70.6
221%
AR
Mercadolibre Inc
NASDAQ:MELI
70.1
221%
US
DoorDash Inc
NYSE:DASH
Negative Multiple: -94 N/A
KR
Coupang Inc
NYSE:CPNG
29.4
31%
EV/EBITDA Multiple
EBITDA Growth
CN
Meituan
HKEX:3690
Average EV/EBITDA: 26.9
42.3
N/A
US
Amazon.com Inc
NASDAQ:AMZN
21.6
117%
ZA
N
Naspers Ltd
JSE:NPN
Not Available N/A
UK
i
in Style Group PLC
LSE:ITS
Negative Multiple: -50 530.6 N/A
CN
Alibaba Group Holding Ltd
NYSE:BABA
6.2
50%
CN
Pinduoduo Inc
NASDAQ:PDD
15
N/A
NL
Prosus NV
AEX:PRX
Negative Multiple: -197.8 N/A
UY
MercadoLibre Inc
BMV:MELIN
28.1
124%
AR
Mercadolibre Inc
NASDAQ:MELI
27.8
124%
US
DoorDash Inc
NYSE:DASH
Negative Multiple: -711.5 N/A
KR
Coupang Inc
NYSE:CPNG
47.5
264%
EV/EBIT Multiple
EBIT Growth
CN
Meituan
HKEX:3690
Average EV/EBIT: 37.2
42.3
505%
US
Amazon.com Inc
NASDAQ:AMZN
50.2
157%
ZA
N
Naspers Ltd
JSE:NPN
Not Available N/A
UK
i
in Style Group PLC
LSE:ITS
Negative Multiple: -36 808.2 N/A
CN
Alibaba Group Holding Ltd
NYSE:BABA
6.2
75%
CN
Pinduoduo Inc
NASDAQ:PDD
15
101%
NL
Prosus NV
AEX:PRX
Negative Multiple: -197.8 N/A
UY
MercadoLibre Inc
BMV:MELIN
36.1
155%
AR
Mercadolibre Inc
NASDAQ:MELI
35.8
155%
US
DoorDash Inc
NYSE:DASH
Negative Multiple: -83.9 N/A
KR
Coupang Inc
NYSE:CPNG
75.1
342%

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
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