China Mobile Ltd
HKEX:941

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China Mobile Ltd
HKEX:941
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Price: 84.6 HKD -0.99% Market Closed
Market Cap: HK$1.8T

EV/GP

3.6
Current
6%
Cheaper
vs 3-y average of 3.9

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.

EV/GP
3.6
=
Enterprise Value
HK$1.1T
/
Gross Profit
¥295.4B

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.

EV/GP
3.6
=
Enterprise Value
HK$1.1T
/
Gross Profit
¥295.4B

Valuation Scenarios

China Mobile Ltd is trading below its 3-year average

If EV/GP returns to its 3-Year Average (3.9), the stock would be worth HK$90.48 (7% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-3%
Maximum Upside
+275%
Average Upside
70%
Scenario EV/GP Value Implied Price Upside/Downside
Current Multiple 3.6 HK$84.6
0%
3-Year Average 3.9 HK$90.48
+7%
5-Year Average 3.7 HK$87.56
+3%
Industry Average 3.5 HK$81.66
-3%
Country Average 13.6 HK$317.1
+275%

Forward EV/GP
Today’s price vs future gross profit

Not enough data available to calculate forward EV/GP

Peer Comparison

All Multiples
EV/GP
P/E
All Countries
Close
Market Cap EV/GP P/E
CN
China Mobile Ltd
HKEX:941
1.3T HKD 3.6 9.7
ZA
MTN Group Ltd
JSE:MTN
383.1B ZAR 2.1 18.9
ZA
Vodacom Group Ltd
JSE:VOD
273B ZAR 3 14.5
US
T-Mobile US Inc
NASDAQ:TMUS
217B USD 5.3 19.7
JP
SoftBank Group Corp
TSE:9984
30.9T JPY 11.8 8.4
IN
Bharti Airtel Ltd
NSE:BHARTIARTL
10.8T INR 8.2 35.3
MX
America Movil SAB de CV
BMV:AMXB
1.4T MXN 4.6 15.9
JP
SoftBank Corp
TSE:9434
10.5T JPY 4.2 18.6
JP
KDDI Corp
TSE:9433
9.7T JPY 4.6 14
UK
Vodafone Group PLC
LSE:VOD
28.5B GBP 5 -7.4
TH
Advanced Info Service PCL
SET:ADVANC
1T THB 13.2 20.6

Market Distribution

Lower than 81% of companies in China
Percentile
19th
Based on 6 967 companies
19th percentile
5.2
Low
0 — 8
Typical Range
8 — 23.3
High
23.3 —
Distribution Statistics
China
Min 0
30th Percentile 8
Median 13.6
70th Percentile 23.3
Max 17 898 541.1

China Mobile Ltd
Glance View

China Mobile Ltd., founded in 1997, stands as a titan in the telecommunications industry, both within China and on the global stage. As the largest mobile network operator in the world, the company is an instrumental force in connecting millions of people through a vast array of services. The lifeblood of China Mobile's operations lies in its extensive 4G and burgeoning 5G networks, which provide a crucial backbone for its comprehensive offerings, ranging from voice and data services to a variety of emerging technology solutions. Crucially, its business structure includes a sophisticated ecosystem comprising mobile, broadband internet, and digital content services, catering to the ever-growing demands of a tech-savvy consumer base. Revenue generation for China Mobile is deeply rooted in its ability to leverage this expansive network to deliver a diverse suite of services. By capitalizing on its vast subscriber base, the company earns a significant portion of its income from mobile voice and data services. However, this is just the tip of the iceberg. Recognizing the need to innovate and diversify, China Mobile has also ventured into offering enterprise solutions, cloud computing, and Internet of Things (IoT) services. This strategic expansion allows the company not only to tap into new growth avenues but also to fortify its position in an increasingly digital world, ensuring robust financial health and resilience against market fluctuations.

Intrinsic Value
169.26 HKD
Undervaluation 50%
Intrinsic Value
Price HK$84.6
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