Risk factor
Very high price volatility
Profitability factor
Excellent dividends
About
Midea Real Estate Holding Limited, an investment holding company, operates as a property developer in the People's Republic of China. The company operates through four segments: Property Development and Sales; Property Management Services; Investment and Operation of Commercial Properties; and Real Estate Technologies. It develops and sells residential and industrial properties, as well as provides property management services; and invests in and operates commercial properties, such as urban complexes, community centers, long-term rental apartments, hotel, and cultural-tourism projects. The company also offers smart home and smart communities services; and process design consultation and integrated design services. In addition, it is involved in prefabricated construction. Midea Real Estate Holding Limited was founded in 2004 and is headquartered in Foshan, the People's Republic of China. Midea Real Estate Holding Limited is a subsidiary of Midea Development Holding (BVI) Limited.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBITDA, under
Target Price
The average target price of 3990.HK is 6.5 and suggests 100% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to inc
