Hong Kong Exchanges and Clearing Ltd
HKEX:388

Watchlist Manager
Hong Kong Exchanges and Clearing Ltd Logo
Hong Kong Exchanges and Clearing Ltd
HKEX:388
Watchlist
Price: 351.2 HKD 3.05% Market Closed
Market Cap: 445.3B HKD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one Hong Kong Exchanges and Clearing Ltd stock under the Base Case scenario is 125.78 HKD. Compared to the current market price of 351.2 HKD, Hong Kong Exchanges and Clearing Ltd is Overvalued by 64%.

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
125.78 HKD
Overvaluation 64%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

25.7
P/S
P/S
Price to Sales
25.7
vs History
39
vs Industry
8
Median 3Y
23
Median 5Y
24.8
Industry
3
Forward
17.7
More Details
34.1
P/E
P/E
Price to Earnings
34.1
vs History
58
vs Industry
14
Median 3Y
33.3
Median 5Y
36.9
Industry
14.4
Forward
30.5
More Details
34.9
P/OCF
P/OCF
Price to OCF
34.9
vs History
31
vs Industry
8
Median 3Y
29.3
Median 5Y
32.8
Industry
9.6
More Details
78.7
P/FCFE
P/FCFE
Price to FCFE
78.7
vs History
6
vs Industry
5
Median 3Y
52.3
Median 5Y
47.1
Industry
12.1
More Details
8.3
P/B
P/B
Price to Book Value
8.3
vs History
50
vs Industry
4
Median 3Y
7.6
Median 5Y
8.3
Industry
1.2
More Details
12.4
EV/S
EV/S
Enterprise Value to Sales
12.4
vs History
19
vs Industry
16
Median 3Y
5.3
Median 5Y
8
Industry
4.7
Forward
8.6
More Details
N/A
EV/GP
EV/GP
Enterprise Value to Gross Profit
N/A
vs History
vs Industry
Median 3Y
0
Median 5Y
0
Industry
6.9
More Details
19
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
19
vs History
11
vs Industry
28
Median 3Y
8.4
Median 5Y
11.8
Industry
13.6
Forward
11.6
More Details
21.6
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
21.6
vs History
9
vs Industry
23
Median 3Y
9.8
Median 5Y
13.8
Industry
13.9
Forward
12.5
More Details
16.9
EV/OCF
EV/OCF
Enterprise Value to OCF
16.9
vs History
15
vs Industry
19
Median 3Y
7
Median 5Y
9.8
Industry
11.8
More Details
19.3
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
19.3
vs History
15
vs Industry
17
Median 3Y
8
Median 5Y
10.8
Industry
13
More Details
1.9
EV/IC
EV/IC
Enterprise Value to IC
1.9
vs History
34
vs Industry
20
Median 3Y
1.2
Median 5Y
1.7
Industry
0.9
More Details

Multiples Across Competitors

Competitors Multiples
Hong Kong Exchanges and Clearing Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
HK
Hong Kong Exchanges and Clearing Ltd
HKEX:388
445.3B HKD 25.7 34.1 19 21.6
US
S&P Global Inc
NYSE:SPGI
155.2B USD 10.7 39.3 23.1 28
US
CME Group Inc
NASDAQ:CME
101.8B USD 10 28.4 12.5 13
US
Intercontinental Exchange Inc
NYSE:ICE
100.4B USD 8.5 36.4 19.7 26.6
US
Moody's Corp
NYSE:MCO
83.6B USD 11.6 39.7 25.2 29
UK
London Stock Exchange Group PLC
LSE:LSEG
61.5B GBP 6.9 89.7 15.6 36.1
DE
Deutsche Boerse AG
XETRA:DB1
53.9B EUR 7.5 27.3 17.2 20.1
US
Coinbase Global Inc
NASDAQ:COIN
51B USD 7.8 19.6 19.8 21
US
Nasdaq Inc
NASDAQ:NDAQ
45.2B USD 5.8 35.3 19.9 25.7
CN
East Money Information Co Ltd
SZSE:300059
324.7B CNY 25.7 31.3 26.8 26.8
US
MSCI Inc
NYSE:MSCI
42.9B USD 14.7 37.6 26.8 30

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 252,600+ 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

© 2025 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.