Should You Investigate COSCO SHIPPING Holdings Co., Ltd. (HKG:1919) At HK$8.31?
Should You Investigate COSCO SHIPPING Holdings Co., Ltd. (HKG:1919) At HK$8.31?
Today we're going to take a look at the well-established COSCO SHIPPING Holdings Co., Ltd. (HKG:1919). The company's stock received a lot of attention from a substantial price increase on the SEHK over the last few months. Shareholders may appreciate the recent price jump, but the company still has a way to go before reaching its yearly highs again. As a large-cap stock with high coverage by analysts, you could assume any recent changes in the company's outlook is already priced into the stock. However, what if the stock is still a bargain? Today we will analyse the most recent data on COSCO SHIPPING Holdings's outlook and valuation to see if the opportunity still exists.
今天我们将来看看成熟的中远海运控股有限公司(HKG: 1919)。在过去的几个月中,香港交易所的价格大幅上涨,该公司的股票引起了广泛关注。股东们可能会对最近的价格上涨表示赞赏,但该公司在再次达到年度高点之前还有很长的路要走。作为一只分析师高度报道的大盘股,你可以假设该公司前景的任何最近变化都已计入该股。但是,如果股票仍然很便宜怎么办?今天,我们将分析有关中远海运控股前景和估值的最新数据,看看机会是否仍然存在。
Is COSCO SHIPPING Holdings Still Cheap?
中远海运控股还便宜吗?
Great news for investors – COSCO SHIPPING Holdings is still trading at a fairly cheap price according to our price multiple model, where we compare the company's price-to-earnings ratio to the industry average. We've used the price-to-earnings ratio in this instance because there's not enough visibility to forecast its cash flows. The stock's ratio of 3.56x is currently well-below the industry average of 6.49x, meaning that it is trading at a cheaper price relative to its peers. Although, there may be another chance to buy again in the future. This is because COSCO SHIPPING Holdings's beta (a measure of share price volatility) is high, meaning its price movements will be exaggerated relative to the rest of the market. If the market is bearish, the company's shares will likely fall by more than the rest of the market, providing a prime buying opportunity.
对投资者来说是个好消息——根据我们的多价模型,中远海运控股仍然以相当便宜的价格进行交易,我们将公司的市盈率与行业平均水平进行了比较。我们在这个例子中使用市盈率是因为没有足够的可见性来预测其现金流。该股3.56倍的比率目前远低于行业平均水平的6.49倍,这意味着与同行相比,其交易价格更便宜。但是,将来可能会有另一次买入的机会。这是因为中远海运控股的贝塔值(衡量股价波动的指标)很高,这意味着其价格相对于其他市场的价格走势将被夸大。如果市场看跌,该公司的股票下跌幅度可能会超过其他市场,这提供了绝佳的买入机会。
What kind of growth will COSCO SHIPPING Holdings generate?
中远海运控股将带来什么样的增长?
![earnings-and-revenue-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240202/0-bdad3df4fa43ff02733b10173810dd44-0-02eea36bf06204b4f732418d56c6afdd.png/big)
Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Although value investors would argue that it's the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. Though in the case of COSCO SHIPPING Holdings, it is expected to deliver a highly negative earnings growth in the next few years, which doesn't help build up its investment thesis. It appears that risk of future uncertainty is high, at least in the near term.
寻求投资组合增长的投资者可能需要在购买公司股票之前考虑公司的前景。尽管价值投资者会争辩说,最重要的是相对于价格的内在价值,但更有说服力的投资论点是以低廉的价格获得高增长潜力。但是,就中远海运控股而言,预计它将在未来几年实现高度负的收益增长,这无助于其建立投资理念。看来未来不确定性的风险很高,至少在短期内是如此。
What This Means For You
这对你意味着什么
Are you a shareholder? Although 1919 is currently trading below the industry PE ratio, the adverse prospect of negative growth brings about some degree of risk. We recommend you think about whether you want to increase your portfolio exposure to 1919, or whether diversifying into another stock may be a better move for your total risk and return.
你是股东吗?尽管1919目前的交易价格低于行业市盈率,但负增长的不利前景带来了一定程度的风险。我们建议您考虑是否要增加到1919年的投资组合敞口,或者分散投资其他股票是否是提高总体风险和回报的更好举措。
Are you a potential investor? If you've been keeping an eye on 1919 for a while, but hesitant on making the leap, we recommend you research further into the stock. Given its current price multiple, now is a great time to make a decision. But keep in mind the risks that come with negative growth prospects in the future.
你是潜在的投资者吗?如果您关注1919已有一段时间,但对实现飞跃犹豫不决,我们建议您进一步研究该股。鉴于其当前的价格倍数,现在是做出决定的好时机。但请记住未来负增长前景带来的风险。
So while earnings quality is important, it's equally important to consider the risks facing COSCO SHIPPING Holdings at this point in time. Our analysis shows 3 warning signs for COSCO SHIPPING Holdings (1 doesn't sit too well with us!) and we strongly recommend you look at them before investing.
因此,尽管收益质量很重要,但考虑中远海运控股目前面临的风险同样重要。我们的分析显示,中远海运控股有3个警告信号(其中一个对我们来说不太合适!)我们强烈建议您在投资之前先看看它们。
If you are no longer interested in COSCO SHIPPING Holdings, you can use our free platform to see our list of over 50 other stocks with a high growth potential.
如果您不再对中远海运控股感兴趣,您可以使用我们的免费平台查看我们列出的其他50多只具有高增长潜力的股票清单。
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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Simply Wall St的这篇文章本质上是笼统的。我们仅使用公正的方法根据历史数据和分析师的预测提供评论,我们的文章无意作为财务建议。它不构成买入或卖出任何股票的建议,也没有考虑到您的目标或财务状况。我们的目标是为您提供由基本数据驱动的长期重点分析。请注意,我们的分析可能不考虑最新的价格敏感型公司公告或定性材料。简而言之,华尔街没有持有任何上述股票的头寸。