As of 2025-05-17, the Intrinsic Value of Shenzhen Expressway Co Ltd (600548.SS) is 8.84 CNY. This 600548.SS valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 11.23 CNY, the upside of Shenzhen Expressway Co Ltd is -21.30%.
The range of the Intrinsic Value is 2.89 - 23.98 CNY
Based on its market price of 11.23 CNY and our intrinsic valuation, Shenzhen Expressway Co Ltd (600548.SS) is overvalued by 21.30%.
| Range | Selected | Upside | |
| a | |||
| DCF (Growth 5y) | 2.89 - 23.98 | 8.84 | -21.3% |
| DCF (Growth 10y) | 7.83 - 33.59 | 15.13 | 34.7% |
| DCF (EBITDA 5y) | 13.33 - 21.96 | 15.17 | 35.1% |
| DCF (EBITDA 10y) | 17.13 - 28.27 | 19.98 | 77.9% |
| Fair Value | 2.26 - 2.26 | 2.26 | -79.91% |
| P/E | 6.05 - 9.38 | 7.85 | -30.1% |
| EV/EBITDA | (3.70) - 5.17 | (0.04) | -100.4% |
| EPV | (14.78) - (15.52) | (15.15) | -234.9% |
| DDM - Stable | 3.60 - 11.49 | 7.54 | -32.8% |
| DDM - Multi | 12.51 - 25.53 | 16.30 | 45.1% |
| Market Cap (mil) | 28,500.17 |
| Beta | 0.39 |
| Outstanding shares (mil) | 2,537.86 |
| Enterprise Value (mil) | 59,225.07 |
| Market risk premium | 6.13% |
| Cost of Equity | 8.16% |
| Cost of Debt | 5.00% |
| WACC | 5.95% |