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FinancialsHKEXHKD

China Merchants Bank

HK$0012345678900123456789.0012345678900123456789-2.8%
52w low (est.) HK$38.25HK$58.69 52w high (est.)
Peers
Market data
Market cap
HK$1.15T
52-week range
HK$43.34 – HK$53.80
Beta (vs market)
0.54
Sector
Financials
Valuation
P/E ratio
6.9x
DCF fair value
HK$72.73
Margin of safety
+54.5%
Forward P/E
6.3x
PEG ratio
1.17
Dividend yield
9.76%
Quality & efficiency
Moat score
49/100
Return on equity
11.9%
Profit margin
50.4%
Growth & analysts
Revenue growth (YoY)
+1.7%
Analyst target
HK$58.47
Target upside
+24.2%
Analysts covering
19

About China Merchants Bank

China Merchants Bank Co., Ltd., together with its subsidiaries, provides various banking products and services. It operates through Wholesale Finance Business, Retail Finance Business, and Other Business segments. It offers current, demand, time, call, savings, notice, and renminbi accounts. The company also offers loan products include personal commercial real estate, consumption, housing, and car loans; loans to finance for studying abroad; micro-business loans; mortgage loans for equipment; joint guarantee, special guarantee, and housing mortgage loan; bank acceptance, discount, liquid capital, and fixed asset loans; and loans for vessels. In addition, it offers credit cards; insurance products; open-ended funds; discount and guarantees for commercial bills, redemption of commercial bills, and guaranteed discount for commercial acceptance bills; and financial consultation, debt financing underwriting, merger and acquisition financing, and equity financing and enterprise listing services. Further, the company provides forfeiting and risk participation, escrow, cross-border RMB clearing, and interbank services; and risk and financial management, cross-border RMB and oversea financing, international factoring and settlement, and trade finance services. Additionally, it offers financial leasing and guarantee, investment and wealth management, forex option and gold trading, forex express trading, international, offshore and private banking, custody, pension, and electronic banking services. The company also operates in Hong Kong, New York, London, Singapore, Luxembourg, and Sydney. The company was founded in 1987 and is headquartered in Shenzhen, China.

Valuation

ValueGrowthProfitHealthIncome81QUALITY
Overall Rating
75
Strong Buy
Strong Buy
Moat Score49
DCF Intrinsic Value
HK$72.73+54.5% upside

Moat, DCF and rating computed by our valuation engine (ported from the original Python model).

Fundamentals

Market Cap
HK$1.15T
P/E Ratio
6.9
Dividend Yield
9.76%
Revenue Growth
+1.7%
Profit Margin
50.4%
ROE
11.9%
Debt / Equity
0.00
Beta
0.54
ValueDividend Aristocrats
vs Financials sector:P/E 7 vs 19 · cheaperMoat 49 vs 4Yield 9.76% vs 0.1%

Statistics

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