Shanghai International Port Stock Forum

The company's rise in ROCE and capital base signals effective use of capital. Despite low stock return, underlying trends could make it a long-term multi-bagger.

Owing to Shanghai International Port (Group)'s declining profits and below-average future projections, its lower P/E ratio makes sense. It seems that investors are wary, foreseeing only limited growth, and are happy to pay less for the stock, not anticipating a significant value uplift anytime soon.