Huatai Securities Co Ltd
SSE:601688
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EV/EBIT
Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.
Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.
Valuation Scenarios
If EV/EBIT returns to its 3-Year Average (20.7), the stock would be worth ¥18.64 (2% downside from current price).
| Scenario | EV/EBIT Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 21.1 | ¥18.96 |
0%
|
| 3-Year Average | 20.7 | ¥18.64 |
-2%
|
| 5-Year Average | 20.4 | ¥18.34 |
-3%
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| Industry Average | 29.5 | ¥26.56 |
+40%
|
| Country Average | 28.9 | ¥26.02 |
+37%
|
Forward EV/EBIT
Today’s price vs future ebit
| Today's Enterprise Value | EBIT | Forward EV/EBIT | ||
|---|---|---|---|---|
|
¥394B
|
/ |
Jan 2026
¥19B
|
= |
|
|
¥394B
|
/ |
Dec 2026
¥21.3B
|
= |
|
|
¥394B
|
/ |
Dec 2027
¥23.3B
|
= |
|
Forward EV/EBIT shows whether today’s EV/EBIT still looks high or low once future ebit are taken into account.
Peer Comparison
| Market Cap | EV/EBIT | P/E | ||||
|---|---|---|---|---|---|---|
| CN |
|
Huatai Securities Co Ltd
SSE:601688
|
171.1B CNY | 21.1 | 11 | |
| US |
|
Morgan Stanley
NYSE:MS
|
299.6B USD | 45 | 17.4 | |
| US |
|
Goldman Sachs Group Inc
NYSE:GS
|
273.3B USD | 58.3 | 16.1 | |
| EG |
|
EFG Hermes Holdings SAE
LSE:EFGD
|
167.9B USD | 0 | 2 248.9 | |
| US |
|
Charles Schwab Corp
NYSE:SCHW
|
161.7B USD | 33 | 18 | |
| US |
|
Interactive Brokers Group Inc
NASDAQ:IBKR
|
135.1B USD | 31.7 | 133.4 | |
| US |
|
Robinhood Markets Inc
NASDAQ:HOOD
|
77.9B USD | 38.8 | 42.2 | |
| CN |
|
CITIC Securities Co Ltd
SSE:600030
|
389.8B CNY | 15.4 | 13.4 | |
| CN |
|
Guotai Junan Securities Co Ltd
SSE:601211
|
295.3B CNY | 26.5 | 10.8 | |
| US |
|
Raymond James Financial Inc
NYSE:RJF
|
30.4B USD | 31.3 | 14.6 | |
| US |
|
LPL Financial Holdings Inc
NASDAQ:LPLA
|
26.1B USD | 14.8 | 30.2 |
Market Distribution
| Min | 0 |
| 30th Percentile | 16.6 |
| Median | 28.9 |
| 70th Percentile | 52.9 |
| Max | 49 021 |
Other Multiples
Huatai Securities Co Ltd
Glance View
Huatai Securities Co Ltd. is a pivotal player in China's financial services sector, weaving its narrative amidst the country's economic evolution. Established in the wake of China's market reforms, the company carved a niche by providing comprehensive securities services, including brokerage, wealth management, and trading, which form the backbone of its revenue streams. As the financial landscape in China broadened, Huatai seized the opportunity to build a robust client base, catering to retail investors, institutions, and high-net-worth individuals. This diverse customer focus enabled the firm to offer tailored financial solutions, leveraging its deep market insight and extensive network to facilitate transactions not only in equities but also in debt securities and other financial instruments. At the heart of Huatai's operations is its commitment to technological innovation and digital transformation, which further sharpens its competitive edge. The company's strategic investments in fintech and digital platforms have not only enhanced the efficiency of its service delivery but also magnified its reach to tech-savvy, younger investors. Through its proprietary trading platforms and mobile applications, Huatai capitalizes on the burgeoning demand for seamless and sophisticated online trading experiences. This digital-first approach not only streamlines its operations but also underpins its ability to generate commissions and fees, a primary revenue driver. Meanwhile, its asset management and investment banking segments contribute significantly to its financial health, showcasing Huatai's adeptness in navigating the complexities of capital markets and corporate finance, positioning itself as a trusted partner in China's economic journey.