China Merchants Securities Co Ltd
SSE:600999

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China Merchants Securities Co Ltd Logo
China Merchants Securities Co Ltd
SSE:600999
Watchlist
Price: 16.55 CNY -1.19% Market Closed
Market Cap: 143.9B CNY
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one China Merchants Securities Co Ltd stock under the Base Case scenario is 33.97 CNY. Compared to the current market price of 16.55 CNY, China Merchants Securities Co Ltd is Undervalued by 51%.

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
33.97 CNY
Undervaluation 51%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

6.8
P/S
P/S
Price to Sales
6.8
vs History
20
vs Industry
20
Median 3Y
6.4
Median 5Y
6.1
Industry
3.1
Forward
5.8
More Details
14.4
P/E
P/E
Price to Earnings
14.4
vs History
74
vs Industry
27
Median 3Y
15.2
Median 5Y
15.6
Industry
14.5
Forward
13.1
More Details
13.2
P/OCF
P/OCF
Price to OCF
13.2
vs History
15
vs Industry
49
Median 3Y
4.3
Median 5Y
2.5
Industry
9.8
More Details
10.2
P/FCFE
P/FCFE
Price to FCFE
10.2
vs History
17
vs Industry
45
Median 3Y
4.1
Median 5Y
4.8
Industry
12.1
More Details
1.1
P/B
P/B
Price to Book Value
1.1
vs History
50
vs Industry
39
Median 3Y
1
Median 5Y
1.1
Industry
1.2
More Details
16.3
EV/S
EV/S
Enterprise Value to Sales
16.3
vs History
30
vs Industry
10
Median 3Y
16.4
Median 5Y
14.6
Industry
4.7
Forward
14.1
More Details
N/A
EV/GP
EV/GP
Enterprise Value to Gross Profit
N/A
vs History
vs Industry
17
Median 3Y
0
Median 5Y
0
Industry
6.9
More Details
30.6
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
30.6
vs History
53
vs Industry
15
Median 3Y
34.2
Median 5Y
31.5
Industry
13.6
Forward
59.6
More Details
30.6
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
30.6
vs History
53
vs Industry
12
Median 3Y
34.2
Median 5Y
31.5
Industry
13.9
Forward
27.2
More Details
32
EV/OCF
EV/OCF
Enterprise Value to OCF
32
vs History
15
vs Industry
44
Median 3Y
12.4
Median 5Y
6.4
Industry
12
More Details
34.3
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
34.3
vs History
15
vs Industry
42
Median 3Y
12.7
Median 5Y
6.5
Industry
13.1
More Details
0.6
EV/IC
EV/IC
Enterprise Value to IC
0.6
vs History
96
vs Industry
51
Median 3Y
0.7
Median 5Y
0.7
Industry
0.9
More Details

Multiples Across Competitors

Competitors Multiples
China Merchants Securities Co Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
CN
China Merchants Securities Co Ltd
SSE:600999
143.9B CNY 6.8 14.4 30.6 30.6
US
Morgan Stanley
NYSE:MS
195.5B USD 1.8 14.3 34.3 43.8
US
Goldman Sachs Group Inc
NYSE:GS
176.2B USD 1.4 12.4 50.6 57.1
EG
EFG Hermes Holdings SAE
LSE:EFGD
167.9B USD 329.4 1 995.5 13 439.3 0
US
Charles Schwab Corp
NYSE:SCHW
154.7B USD 5.9 25.7 42.6 49.9
US
Interactive Brokers Group Inc
NASDAQ:IBKR
78.4B USD 8.2 98.9 23.2 23.6
CN
CITIC Securities Co Ltd
SSE:600030
378.7B CNY 5.6 16.8 22.4 22.4
US
Robinhood Markets Inc
NASDAQ:HOOD
48.3B USD 14.8 30.4 35.9 38.2
CN
Guotai Junan Securities Co Ltd
SSE:601211
305.9B CNY 6.5 15 32.3 32.3
US
Raymond James Financial Inc
NYSE:RJF
29.7B USD 1.9 13.6 26 27.7
US
LPL Financial Holdings Inc
NASDAQ:LPLA
26.9B USD 2.2 25.4 13.8 17.3

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
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