CITIC Limited (CTPCF) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of CITIC Limited $2.90, price $1.45, upside +100.0%, quality 45 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? Yes
- Good quality? No
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CITIC Limited
CTPCF · USCheap, value-trap riskThe stock looks deeply undervalued, but low quality raises value-trap risk.
What runs behind every stock
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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 29, 2026.
How to read this chart
60‑month range $0.0046 – $1.80 · fair‑value band $2.74 – $4.71 · the $1.45 price screens below the $2.90 fair value. Dashed = 300-day average. As of Sep 29, 2026.
Company profile
CITIC Limited operates in the financial services, advanced intelligent manufacturing, advanced materials, consumption, and urbanization businesses in the Mainland of China, Hong Kong, and internationally. The Comprehensive Financial Services segment provides banking, securities, trust, insurance, and asset management services.
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CITIC Limited operates in the financial services, advanced intelligent manufacturing, advanced materials, consumption, and urbanization businesses in the Mainland of China, Hong Kong, and internationally. The Comprehensive Financial Services segment provides banking, securities, trust, insurance, and asset management services. The Advanced Intelligent Manufacturing segment manufactures heavy machineries, specialized robotics, aluminium wheels, aluminium casting parts, and other products. The Advanced Materials segment includes exploration, processing, and trading of resources and energy products comprising iron ore, copper, and crude oil, as well as manufactures special steels. The New Consumption segment consists of motor, food and consumer products business, telecommunication services, publication services, modern agriculture services, and others. The New-Type Urbanisation segment develops, holds, and sells properties; and provides contracting and design services, as well as infrastructure, environmental, and commercial aviation services. It provides securities, trust, financial, and securities related services; and consumer finance, resources, energy conservation and environmental protection, and engineering contracting services, as well as real estate development and management; and insurance and reinsurance services. The company was formerly known as CITIC Pacific Limited and changed its name to CITIC Limited in August 2014. CITIC Limited was incorporated in 1985 and is based in Central, Hong Kong. CITIC Limited operates as a subsidiary of CITIC Group Corporation.
Stock analysis
CITIC Limited (CTPCF) currently trades at $1.45, while our model-based Fair Value estimate is $2.90, implying the stock looks roughly 50.0% undervalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of $5.56 per share, and 8 of the 9 models we run sit above the $1.45 price.
Bear case: the DCF Models group reads lowest at $1.08, and 1 of the 9 models stay below the price. Evidence for this calculation is medium.
Scenario range: $2.74 (bear) to $4.71 (bull), the price of $1.45 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 45/100 (below-average quality), in the Industrials sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
CITIC Limited reported revenue of 834B CNY in FY2025 versus 905B CNY in FY2021, a compound −2.0%/yr. Reported net income was 63.7B CNY in FY2025, compounding −2.4%/yr from FY2021.
Key figures
Market cap $52.4B · P/E ratio 4.8 · P/S ratio 0.37 · EPS (TTM) $0.3000 · Net margin 7.6% · Return on equity 7.9% · Return on assets (EBIT) 1.2% · Operating margin 29.7%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 38 out of 100 (medium confidence).
What moves the price
The share trades about 19% below its 52-week high and 7% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −16% fair-value upside, at 100%, CTPCF screens cheaper than that median.
Fair Value models
All 11 models by family
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Set up alert →Quality Score breakdown
Of which business quality 39 · Market factors (momentum, volatility) 72
Revenue & earnings trend
Growth Forecast
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Recent news
- CITIC (SEHK:267) Builds Momentum, Is It Still Below Fair Value?
- CITIC Ltd's Dividend Analysis
- China's DeepSeek steps closer to IPO listing with CITIC Securities - report
- Ball Mill for Mining Industry Report 2026-2035: A $6.23 Billion Market by 2030 with Metso, FLSmidth & Co, CITIC, ThyssenKrupp, KHD Humbo
Compare CITIC Limited with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Conglomerates · 362 stocks
Valuation Multiplesvs Conglomerates median · lower = cheaper
Context: sector, industry, market
- Is the Industrials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: Industrials
- 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 Conglomerates stocks, each showing price versus our Fair Value estimate.
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|---|---|---|---|
| 3M Company MMM | $164.15 | $72.78 | −56% |
| Honeywell International Inc HON | $210.94 | $244.82 | +16% |
| Swire Pacific Limited 0019 | HK$102.00 | HK$28.34 | −72% |
| CK Hutchison Holdings 0001 | HK$67.25 | HK$134.50 | +100% |
| SK Inc 034730 | 611,000 KRW | 348,688 KRW | −43% |
| Jardine Matheson Holdings J36 | $55.36 | $78.34 | +42% |
| Keppel Ltd BN4 | 11.30 SGD | 3.88 SGD | −66% |
| Kingdom Holding 4280 | 13.08 SAR | 13.40 SAR | +2% |
| Koç Holding KCHOL | 216.50 TRY | 182.26 TRY | −16% |
| Aker ASA AKER | kr 1,396 | kr 1,017 | −27% |
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Frequently asked questions
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Key figures of CITIC Limited
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