Risk factor
Good trading liquidity
Profitability factor
Favourable analyst view
About
Meituan operates as a technology driven retail company in the People's Republic of China, Hong Kong, Macao, Taiwan, and internationally. It operates through Core Local Commerce and New Initiatives segments. The company offers food delivery services; and helps consumers purchase local consumer services provided by merchants in numerous in-store categories or make reservations for hotels, and attraction and transportation ticketing. It also sells goods from B2B food distribution services and Meituan grocery; and engages in various businesses, such as Meituan Select, bike sharing and e-moped sharing, power banks, and micro-credit services. In addition, the company provides cloud computing services; merchant information technology and advisory services; online marketing services; and operates e-commerce service platform. The company was formerly known as Meituan Dianping and changed its name to Meituan in October 2020. Meituan was founded in 2003 and is headquartered in Beijing, China.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. In particular, the stock is overpriced on P/E, of fair value on EV/EBITD
Target Price
The average target price of 3690.HK is 128 and suggests 54% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incr
Buy
Sell