China Merchants Securities Asset Management Co.,Ltd (SHSE:600999) Margin of Safety % (DCF FCF Based): N/A (As of Aug. 04, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:600999 China Merchants Securities Asset Management Co.,Ltd SHSE:600999
64 GF Score
Price ¥17.75
GF Value ¥24.55
Valuation Modestly Undervalued
! 3 Warning Signs
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What is China Merchants Securities Asset Management Co.,Ltd Margin of Safety % (DCF FCF Based)?

Margin of Safety % (DCF FCF Based) = (Intrinsic Value: DCF (FCF Based) - Current Price) / Intrinsic Value: DCF (FCF Based).

Note: Discounted FCF model is only suitable for predictable companies (Business Predictability Rank higher than 1-Star). If the company's Predictability Rank is 1-Star or Not Rated, result may not be accurate due to the low predictability of business and the data will not be stored into our database.

China Merchants Securities Asset Management Co.,Ltd's Predictability Rank is 1-Star. Thus, the DCF related results in the screener and portfolio will appear as zero and Margin of Safety % (DCF FCF Based) is not calculated.

SHSE:600999 vs MS, GS, SCHW: Margin of Safety % (DCF FCF Based) Comparison

For the Capital Markets subindustry, China Merchants Securities Asset Management Co.,Ltd's Margin of Safety % (DCF FCF Based), along with its competitors' market caps and Margin of Safety % (DCF FCF Based) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

China Merchants Securities Asset Management Co.,Ltd Margin of Safety % (DCF FCF Based) vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, China Merchants Securities Asset Management Co.,Ltd's Margin of Safety % (DCF FCF Based) distribution charts can be found below:

* The bar in red indicates where China Merchants Securities Asset Management Co.,Ltd's Margin of Safety % (DCF FCF Based) falls into.


SHSE:600999
64GF Score
China Merchants Securities Asset Management Co.,Ltd SHSE:600999
Margin of Safety % (DCF FCF Based) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Is China Merchants Securities Asset Management Co.,Ltd (SHSE:600999) Overvalued in 2026?

Based on GuruFocus' analysis, China Merchants Securities Asset Management Co.,Ltd stock appears to be undervalued. The current stock price of ¥17.75 is trading 27.7% below its estimated GF Value™ of ¥24.55. GuruFocus considers China Merchants Securities Asset Management Co.,Ltd to be Modestly Undervalued.

Key valuation signals for SHSE:600999:

  • Margin of Safety % (DCF FCF Based): N/A
  • GF Value™: ¥24.55 vs. price of ¥17.75 (27.7% below fair value)
  • GF Score™: 64/100 with 3 warning signs

No single metric tells the full story. See the SHSE:600999 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

China Merchants Securities Asset Management Co.,Ltd Business Description

Other Exchanges 06099:Hong Kong195H:Germany
Address No. 111, Fuhua Yi Road, Futian Street, Futian District, Guangdong Province, Shenzhen, CHN, 518046
China Merchants Securities Asset Management Co.,Ltd is a financial service provider. The company provides services like investment banking, financial advisory, equity underwriting, asset management, investment advisory, and trading equity securities, among others. Its business is divided into four segments: Wealth management and institutional business; Investment banking; Investment management; and Investment and trading. The Wealth management and institutional business segment, which generates key revenue, engages in the trading of stocks and futures contracts on behalf of clients and includes margin financing, securities lending, and selling financial and other wealth management products.
64GF Score

Get the complete analysis for SHSE:600999

Margin of Safety % (DCF FCF Based) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥17.75
Price
¥24.55
GF Value