Risk factor
Low price volatility
Profitability factor
Excellent dividends
About
Tsingtao Brewery Company Limited, along with its affiliated enterprises, focuses on the worldwide manufacturing, distribution, and sale of beer products. Its operations are structured across seven distinct divisions: Shandong, South China, North China, East China, Southeast China, the combined region of Hong Kong, Macau, and other international markets, and a dedicated Finance Company. The company's primary beer brands are Tsingtao and Laoshan. Additionally, it offers a variety of services including wealth management, payment processing, financial solutions, construction, logistics, and the promotion and implementation of technology. Founded in 1903, the firm's main office is located in Qingdao, People's Republic of China.
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. In particular, the stock is underpriced on P/E, 'cheap' on EV/EBI
Target Price
The average target price of 0168.HK is 60.7 and suggests 55.1% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to i