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Beijing Capital International Airport Co Ltd
HKEX:694

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Beijing Capital International Airport Co Ltd
HKEX:694
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Price: 1.93 HKD 4.32% Market Closed
Market Cap: HK$8.8B

EV/S

2.6
Current
34%
Cheaper
vs 3-y average of 4

Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.

EV/S
2.6
=
Enterprise Value
HK$16.3B
/
Revenue
¥5.6B

Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.

EV/S
2.6
=
Enterprise Value
HK$16.3B
/
Revenue
¥5.6B

Valuation Scenarios

Beijing Capital International Airport Co Ltd is trading below its 3-year average

If EV/S returns to its 3-Year Average (4), the stock would be worth HK$2.94 (52% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+145%
Average Upside
65%
Scenario EV/S Value Implied Price Upside/Downside
Current Multiple 2.6 HK$1.93
0%
3-Year Average 4 HK$2.94
+52%
5-Year Average 6.5 HK$4.73
+145%
Industry Average 3.6 HK$2.64
+37%
Country Average 3.3 HK$2.41
+25%

Forward EV/S
Today’s price vs future revenue

Today's Enterprise Value Revenue Forward EV/S
HK$16.3B
/
Jan 2026
¥5.6B
=
2.6
Current
HK$16.3B
/
Dec 2026
¥6.1B
=
2.7
Forward
HK$16.3B
/
Dec 2027
¥6.5B
=
2.5
Forward
HK$16.3B
/
Dec 2028
¥6.9B
=
2.4
Forward

Forward EV/S shows whether today’s EV/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
EV/S
P/E
All Countries
Close

Market Distribution

In line with most companies in China
Percentile
42nd
Based on 7 593 companies
42nd percentile
2.6
Low
0 — 1.7
Typical Range
1.7 — 6.2
High
6.2 —
Distribution Statistics
China
Min 0
30th Percentile 1.7
Median 3.3
70th Percentile 6.2
Max 5 034 353.9

Beijing Capital International Airport Co Ltd
Glance View

Beijing Capital International Airport Co., Ltd. stands as a gateway to the bustling capital of China, serving as a vital air transit hub that connects people and commerce across continents. Established in April 2000, the company operates one of the busiest airports in the world, leveraging its strategic geographic position to capture a significant share of the international and domestic air travel market. The airport serves a multitude of airlines, including major international carriers as well as domestic ones, and handles a remarkable volume of passengers annually. This consistently high influx supports a thriving ecosystem of businesses within the airport, including retail and dining amenities that cater to travelers from every corner of the globe. These customer-facing services form a key component of the company’s revenue stream, supplementing the traditional airline charges for landing, parking, and other operational services. Beyond the core functions of airport management, Beijing Capital International Airport Co., Ltd. has expertly developed ancillary services that enhance its financial portfolio. The company derives additional income from leasing commercial spaces, ranging from luxury boutiques to duty-free shops, and providing premium services such as VIP lounges and advertising spaces. An intricate network of transportation links, including train and bus services, further encourages passenger flow and supports the surrounding infrastructure, driving more opportunities for revenue. By constantly adapting to the shifting demands of global travel and maintaining a focus on operational efficiency, the company positions itself as a critical player in international travel, emphasizing innovation, customer service, and strategic growth in its development initiatives.

Intrinsic Value
4.71 HKD
Undervaluation 59%
Intrinsic Value
Price HK$1.93
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