As of 2025-07-16, the Intrinsic Value of Meituan (3690.HK) is 144.52 HKD. This 3690.HK valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 126.20 HKD, the upside of Meituan is 14.50%.
The range of the Intrinsic Value is 97.39 - 321.38 HKD
Based on its market price of 126.20 HKD and our intrinsic valuation, Meituan (3690.HK) is undervalued by 14.50%.
| Range | Selected | Upside | |
| a | |||
| DCF (Growth 5y) | 97.39 - 321.38 | 144.52 | 14.5% |
| DCF (Growth 10y) | 119.06 - 388.46 | 176.33 | 39.7% |
| DCF (EBITDA 5y) | 118.59 - 191.58 | 161.04 | 27.6% |
| DCF (EBITDA 10y) | 138.06 - 248.08 | 193.46 | 53.3% |
| Fair Value | 69.06 - 69.06 | 69.06 | -45.28% |
| P/E | 139.69 - 182.75 | 155.10 | 22.9% |
| EV/EBITDA | 83.12 - 124.06 | 110.74 | -12.2% |
| EPV | 26.50 - 39.64 | 33.07 | -73.8% |
| DDM - Stable | 49.34 - 233.38 | 141.36 | 12.0% |
| DDM - Multi | 70.89 - 282.50 | 115.89 | -8.2% |
| Market Cap (mil) | 771,050.44 |
| Beta | 1.58 |
| Outstanding shares (mil) | 6,109.75 |
| Enterprise Value (mil) | 713,057.20 |
| Market risk premium | 5.98% |
| Cost of Equity | 9.55% |
| Cost of Debt | 4.25% |
| WACC | 9.09% |