CNPC Capital stock: fair value
000617.SZThe fair value of CNPC Capital under our model is $0.66, the price is 42% above.
The fair value is an estimate from our model, not a price target.
Daily figure as of 13 Nov 2026
Valuation signal
Modestly overvaluedIn our model the price counts as cheap below $0.51 and expensive above $0.94 (uncertainty medium, based on the price swings of the past year).
The two parts of the fair value come to $0.50 (cash-flow model) and $0.82 (industry comparison), and the gap between them shows how uncertain the estimate is. The price is above both.
Calculated with a cost of equity of 8.8%. At 9.8% the fair value would be $0.63, at 7.8% it would be $0.71.
Where the number comes from
Half from the dividend model, half from earnings times the industry P/E (14.2).
Dividend model: the dividend grows by 2.3% a year for good and is discounted at 8.8% (government bond yield 2.3% plus beta 1.27 times a risk premium of 5.1%).
Calculate with your own assumptionsThe calculation step by step
With these figures the dividend model arrives at $0.50 per share: next year's dividend divided by the gap between the discount rate and growth. The table explains the calculation; it is not a recommendation.
Calculation as a table
| Step | Value |
|---|---|
| Dividend per share | $0.03 |
| Next dividend: × (1 + 2.3%) | $0.03 |
| Value per share: next dividend / (8.8% − 2.3%) | $0.50 |
| Earnings per share, last twelve months | $0.06 |
| × 14.2 (industry P/E) | $0.82 |
| Fair value (average of both parts) | $0.66 |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = CN¥6.6683)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Weak, published since 7 Nov 2026 (in the score history since 9 Jan 2026)
- Valuation signal Fairly valued since 13 Nov 2026, previously Overvalued
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.