HK$ 422.4
Key Takeaways
Risk factor
Low default risk
Profitability factor
Very strong margins and returns
About
Hong Kong Exchanges and Clearing Limited, together with its subsidiaries, owns and operates stock exchanges and futures exchanges, and related clearing houses in Hong Kong, Mainland China, and the United Kingdom. It operates through five segments: Cash, Equity and Financial Derivatives, Commodities, Post Trade, and Technology. The Cash segment covers various equity products traded on...
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. In particular, the stock is overpriced on P/E, of fair value on EV/
Target Price
The average target price of 0388.HK is 467 and suggests 11% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendatio
