First Time Loading...

Meituan
HKEX:3690

Watchlist Manager
Meituan Logo
Meituan
HKEX:3690
Watchlist
Price: 95.3 HKD -2.51% Market Closed
Updated: Apr 20, 2024

Relative Value

The Relative Value of one Meituan stock under the Base Case scenario is 78.77 HKD. Compared to the current market price of 95.3 HKD, Meituan is Overvalued by 17%.

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
78.77 HKD
Overvaluation 17%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
92
vs Industry
14
Median 3Y
4.4
Median 5Y
4.9
Industry
0.6
Forward
1.7
vs History
44
vs Industry
9
Median 3Y
-36.5
Median 5Y
26.5
Industry
16.2
Forward
19
vs History
58
vs Industry
20
Median 3Y
19.5
Median 5Y
21.8
Industry
7.8
vs History
63
vs Industry
30
Median 3Y
25.5
Median 5Y
30.9
Industry
15.6
vs History
87
vs Industry
17
Median 3Y
7.3
Median 5Y
6.5
Industry
1.6
vs History
90
vs Industry
18
Median 3Y
4.1
Median 5Y
4.6
Industry
0.7
Forward
1.3
vs History
90
vs Industry
21
Median 3Y
15.2
Median 5Y
15.3
Industry
2.2
vs History
44
vs Industry
4
Median 3Y
-42
Median 5Y
25.6
Industry
8.3
Forward
11.4
vs History
34
vs Industry
6
Median 3Y
-47.7
Median 5Y
-36.3
Industry
12.6
Forward
15.9
vs History
57
vs Industry
28
Median 3Y
16.8
Median 5Y
19.9
Industry
8.9
vs History
42
vs Industry
34
Median 3Y
11.2
Median 5Y
6.5
Industry
12.4
vs History
88
vs Industry
10
Median 3Y
7.3
Median 5Y
7.3
Industry
1.1

Multiples Across Competitors

Competitors Multiples
Meituan Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CN
Meituan
HKEX:3690
595.1B HKD 2 39.7 43.5 43.5
US
Amazon.com Inc
NASDAQ:AMZN
1.8T USD 3.2 59.6 21 48.7
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
171.2B USD 1.3 12.5 6.1 6.1
CN
Pinduoduo Inc
NASDAQ:PDD
147.9B USD 4.3 17.8 14.6 14.6
NL
Prosus NV
AEX:PRX
72.7B EUR 14.8 7.1 -196.9 -196.9
UY
MercadoLibre Inc
BMV:MELIN
1.2T MXN 4.8 70.6 28.1 36.1
AR
Mercadolibre Inc
NASDAQ:MELI
68.1B USD 4.7 69 27.4 35.3
US
DoorDash Inc
NYSE:DASH
50.5B USD 5.9 -90.6 -683.2 -80.5
KR
Coupang Inc
NYSE:CPNG
39.4B USD 1.6 29 46.8 74
P/E Multiple
Earnings Growth
CN
Meituan
HKEX:3690
Average P/E: 38.2
39.7
288%
US
Amazon.com Inc
NASDAQ:AMZN
59.6
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
144%
CN
Pinduoduo Inc
NASDAQ:PDD
17.8
130%
NL
Prosus NV
AEX:PRX
7.1
-13%
UY
MercadoLibre Inc
BMV:MELIN
70.6
221%
AR
Mercadolibre Inc
NASDAQ:MELI
69
221%
US
DoorDash Inc
NYSE:DASH
Negative Multiple: -90.6 N/A
KR
Coupang Inc
NYSE:CPNG
29
29%
EV/EBITDA Multiple
EBITDA Growth
CN
Meituan
HKEX:3690
Average EV/EBITDA: 26.8
43.5
606%
US
Amazon.com Inc
NASDAQ:AMZN
21
116%
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
6.1
44%
CN
Pinduoduo Inc
NASDAQ:PDD
14.6
203%
NL
Prosus NV
AEX:PRX
Negative Multiple: -196.9 N/A
UY
MercadoLibre Inc
BMV:MELIN
28.1
127%
AR
Mercadolibre Inc
NASDAQ:MELI
27.4
127%
US
DoorDash Inc
NYSE:DASH
Negative Multiple: -683.2 N/A
KR
Coupang Inc
NYSE:CPNG
46.8
286%
EV/EBIT Multiple
EBIT Growth
CN
Meituan
HKEX:3690
Average EV/EBIT: 36.9
43.5
472%
US
Amazon.com Inc
NASDAQ:AMZN
48.7
156%
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
6.1
68%
CN
Pinduoduo Inc
NASDAQ:PDD
14.6
205%
NL
Prosus NV
AEX:PRX
Negative Multiple: -196.9 N/A
UY
MercadoLibre Inc
BMV:MELIN
36.1
158%
AR
Mercadolibre Inc
NASDAQ:MELI
35.3
158%
US
DoorDash Inc
NYSE:DASH
Negative Multiple: -80.5 N/A
KR
Coupang Inc
NYSE:CPNG
74
396%

See Also

Discover More