Risk factor
Strong & resilient to price shocks
Profitability factor
Overvalued vs peers
About
China Tourism Group Duty Free Corporation Limited manages and operates tax-free retail establishments across China. Its core business encompasses both the wholesale distribution and direct sale of various duty-free commodities, such as alcoholic beverages, tobacco products, fragrances, and luxury items. Beyond this, the corporation actively participates in the travel retail sector and is involved in the investment and development of commercial property complexes. Established in 1954, with its headquarters situated in Beijing, China, the entity was formerly recognized as China International Travel Service Corporation Limited until it adopted its present name in June 2020. It operates as a key subsidiary of China Tourism Group Co., Ltd.
Company Valuation
Considering past and projected metrics, the stock is 'expensive' compared to its peers. In particular, the stock is overpriced on P/E, of fair value on EV/EBITDA, overval
Target Price
The average target price of 601888.SS is 72.4 and suggests 40.6% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to