As of 2025-05-17, the Intrinsic Value of Anhui Expressway Co Ltd (600012.SS) is 20.88 CNY. This 600012.SS valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 17.16 CNY, the upside of Anhui Expressway Co Ltd is 21.70%.
The range of the Intrinsic Value is 15.71 - 32.77 CNY
Based on its market price of 17.16 CNY and our intrinsic valuation, Anhui Expressway Co Ltd (600012.SS) is undervalued by 21.70%.
| Range | Selected | Upside | |
| a | |||
| DCF (Growth 5y) | 15.71 - 32.77 | 20.88 | 21.7% |
| DCF (Growth 10y) | 18.21 - 36.29 | 23.73 | 38.3% |
| DCF (EBITDA 5y) | 21.25 - 27.79 | 25.80 | 50.3% |
| DCF (EBITDA 10y) | 24.61 - 33.72 | 30.28 | 76.5% |
| Fair Value | 12.61 - 12.61 | 12.61 | -26.53% |
| P/E | 9.28 - 13.99 | 11.17 | -34.9% |
| EV/EBITDA | 13.83 - 18.14 | 16.52 | -3.7% |
| EPV | 3.24 - 4.02 | 3.63 | -78.9% |
| DDM - Stable | 8.94 - 25.55 | 17.24 | 0.5% |
| DDM - Multi | 10.13 - 21.08 | 13.54 | -21.1% |
| Market Cap (mil) | 28,461.75 |
| Beta | 0.37 |
| Outstanding shares (mil) | 1,658.61 |
| Enterprise Value (mil) | 27,035.68 |
| Market risk premium | 6.13% |
| Cost of Equity | 8.03% |
| Cost of Debt | 5.00% |
| WACC | 7.06% |