Haitong Securities Co Ltd
SSE:600837

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Haitong Securities Co Ltd
SSE:600837
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Price: 10.41 CNY Market Closed
Market Cap: ¥115.9B

Relative Value

The Relative Value of one Haitong Securities Co Ltd stock under the Base Case scenario is 13.44 CNY. Compared to the current market price of 10.41 CNY, Haitong Securities Co Ltd is Undervalued by 23%.

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
13.44 CNY
Undervaluation 23%
Relative Value
Price
Worst Case
Base Case
Best Case

Multiples Across Competitors

Competitors Multiples
Haitong Securities Co Ltd 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
Haitong Securities Co Ltd
SSE:600837
115.9B CNY 8.8 -28.9 -629.6 -629.6
US
Morgan Stanley
NYSE:MS
245.1B USD 2 15.1 37.3 45.3
US
Goldman Sachs Group Inc
NYSE:GS
234.6B USD 1.9 14.3 48.2 53
EG
EFG Hermes Holdings SAE
LSE:EFGD
167.9B USD 311.1 2 110.7 0 0
US
Charles Schwab Corp
NYSE:SCHW
163.6B USD 5.9 19.4 31.4 35.1
US
Interactive Brokers Group Inc
NASDAQ:IBKR
112.3B USD 10.7 113.8 27.3 27.6
US
Robinhood Markets Inc
NASDAQ:HOOD
66.1B USD 14.8 35.1 31.1 32.4
CN
CITIC Securities Co Ltd
SSE:600030
381.6B CNY 5.2 14.1 17 17
CN
Guotai Junan Securities Co Ltd
SSE:601211
316.3B CNY 5.2 11 41.6 41.6
US
Raymond James Financial Inc
NYSE:RJF
28.8B USD 1.8 13.8 28.5 30.6
CN
China Securities Co Ltd
SSE:601066
177.9B CNY 7.4 19.7 27.2 27.2
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Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett