China Merchants Port Holdings (CMHHF) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of China Merchants Port Holdings $3.09, price $2.34, upside +32.1%, quality 62 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? Yes
- Good quality? Yes
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China Merchants Port Holdings
CMHHF · USUndervaluedThe stock appears undervalued with acceptable quality.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range $0.2124 – $2.34 · fair‑value band $2.65 – $4.02 · the $2.34 price screens below the $3.09 fair value. Dashed = 300-day average. As of Sep 24, 2026.
Company profile
China Merchants Port Holdings Company Limited, an investment holding company, engages in ports operation, bonded logistics operation, and property investment in the Mainland China, Hong Kong, Taiwan, Brazil, and internationally. The company operates through Ports Operation, Bonded Logistics Operation, and Other Operations segments.
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China Merchants Port Holdings Company Limited, an investment holding company, engages in ports operation, bonded logistics operation, and property investment in the Mainland China, Hong Kong, Taiwan, Brazil, and internationally. The company operates through Ports Operation, Bonded Logistics Operation, and Other Operations segments. It engages in the container, and bulk and general cargo terminal operation; logistic park operation, ports transportation, and airport cargo handling; and property development and investment, as well as logistics operation activities. The company also provides container related logistics services; financial services; port development, management, and operation services; trading, terminal operation, and repair and maintenance services. In addition, it offers handling and stevedoring container services; loads and unloads goods; operates berths and tugboats; services on ports construction; and holds various pieces of land. The company was formerly known as China Merchants Holdings (International) Company Limited and changed its name to China Merchants Port Holdings Company Limited in June 2016. China Merchants Port Holdings Company Limited was founded in 1872 and is headquartered in Central, Hong Kong.
Stock analysis
China Merchants Port Holdings (CMHHF) currently trades at $2.34, while our model-based Fair Value estimate is $3.09, implying the stock looks roughly 24.3% undervalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of $3.89 per share, and 15 of the 26 models we run sit above the $2.34 price.
Bear case: the Economic Profit group reads lowest at $1.10, and 11 of the 26 models stay below the price. Evidence for this calculation is medium.
Scenario range: $2.65 (bear) to $4.02 (bull), the price of $2.34 sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 62/100 (solid quality), in the Industrials sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
China Merchants Port Holdings reported revenue of HK$13.4B in FY2025 versus HK$11.9B in FY2021, a compound +3.0%/yr. Reported net income was HK$6.5B in FY2025, compounding −6.1%/yr from FY2021.
Key figures
Market cap $9.8B · P/E ratio 11.7 · P/S ratio 5.70 · EPS (TTM) $0.2000 · Net margin 48.7% · Return on equity 6.2% · Return on assets (EBIT) 2.5% · Operating margin 37.0%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 42 out of 100 (low confidence).
What moves the price
The share trades at its 52-week high and 61% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Industrials peers we cover trades at 57% fair-value upside, at 32%, CMHHF screens richer than that median.
Fair Value models
All 26 models by family
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Set up alert →Quality Score breakdown
Of which business quality 59 · Market factors (momentum, volatility) 83
Revenue & earnings trend
Growth Forecast
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Recent news
- China Merchants Port Holdings Co Ltd's Dividend Analysis
- China Merchants Port Holdings (SEHK:144) Gains Momentum, Is The Stock Still Cheap?
- China Merchants Port Holdings (SEHK:144): Exploring Valuation After Recent Share Price Fluctuations
Compare China Merchants Port Holdings with another stock
Price, fair value, quality and upside side by side.
Context: sector, industry, market
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: US Stocks
- Valuation of the USA market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Marine Shipping stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Adani Ports and Special Economic Zone Limited ADANIPORTS | ₹1,738 | ₹1,041 | −40% |
| COSCO SHIPPING Holdings 601919 | ¥16.37 | ¥40.37 | +147% |
| Hapag-Lloyd Aktiengesellschaft, HLAG | €141.20 | €88.00 | −38% |
| Shanghai International Port (Group) Co 600018 | ¥5.36 | ¥6.41 | +20% |
| SITC International Holdings 1308 | HK$48.54 | HK$64.78 | +33% |
| HMM Co 011200 | 21,500 KRW | 33,795 KRW | +57% |
| Wan Hai Lines Ltd 2615 | 115.50 TWD | 191.50 TWD | +66% |
| Ningbo Zhoushan Port Company 601018 | ¥3.40 | ¥5.58 | +64% |
| Qingdao Port International Co 601298 | ¥9.75 | ¥15.59 | +60% |
| The National Shipping Company 4030 | 36.00 SAR | 44.07 SAR | +22% |
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Key figures of China Merchants Port Holdings
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