Added to YB: 2025-01-24
Pitch date: 2025-01-23
0062.HK [bullish]
Transport International Holdings Limited
+44.84%
current return
Author Info
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Company Info
Transport International Holdings Limited, an investment holding company, provides franchised and non-franchised public transportation services in the People’s Republic of China.
Market Cap
HKD 4.2B
Pitch Price
HKD 7.50
Price Target
N/A
Dividend
N/A
EV/EBITDA
4.83
P/E
10.36
EV/Sales
0.88
Sector
Ground Transportation
Category
value
Transport International Holdings - $0062.HK
0062.HK: HK bus operator, 14% Octopus stake, property portfolio. SOTP: 6x current price. Bus biz: regulated, 2-3% ROIC-WACC. Octopus: hidden asset, worth 2bn. Properties: 15-20bn land bank, Millenity JV. Risks: slow redevelopment, related party transactions. SHK increasing stake. 2026E earnings 800m, 24.2bn SOTP vs 4.1bn MC.
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