China Merchants Securities Asset Management Co.,Ltd (STU:195H) Peter Lynch Fair Value: N/A (As of Sep. 05, 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.

STU:195H China Merchants Securities Asset Management Co.,Ltd STU:195H
67 GF Score
Price €1.67
GF Value €2.78
Valuation Significantly Undervalued
! 3 Warning Signs
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What is China Merchants Securities Asset Management Co.,Ltd Peter Lynch Fair Value?

Peter Lynch Fair Value applies to growing companies. The ideal range for the growth rate is between 10 - 20% a year. Peter Lynch thinks that the fair P/E value for a growth company equals its growth rate, that is PEG = 1. The earnings here is trailing twelve month (TTM) earnings. For non-bank companies, the growth rate we use is the average growth rate for EBITDA per share over the past 5 years. For Banks, the growth rate we use is the average growth rate for Book Value per share over the past 5 years. If 5-Year Growth Rate is greater than 25% a year, we use 25. If 5-Year Growth Rate is smaller than 5% a year, we do not calculate Peter Lynch Fair Value.


The historical rank and industry rank for China Merchants Securities Asset Management Co.,Ltd's Peter Lynch Fair Value or its related term are showing as below:

STU:195H' s Price-to-Peter-Lynch-Fair-Value Range Over the Past 10 Years
Min: 1.15   Med: 1.66   Max: 3.17
Current: 1.59


During the past 13 years, the highest Price to Peter Lynch Fair Value Ratio of China Merchants Securities Asset Management Co.,Ltd was 3.17. The lowest was 1.15. And the median was 1.66.


STU:195H's Price-to-Peter-Lynch-Fair-Value is ranked worse than
67.87% of 221 companies
in the Capital Markets industry
Industry Median: 1.07 vs STU:195H: 1.59

Note: Please don't confuse Peter Lynch Fair Value with the value reached in Peter Lynch Chart.


China Merchants Securities Asset Management Co.,Ltd  (STU:195H) Peter Lynch Fair Value Explanation

Peter Lynch Fair Value applies to growing companies. The ideal range for the growth rate is between 10 - 20% a year.

Peter Lynch thinks that the fair P/E value for a growth company equals its growth rate, that is PEG = 1. The earnings here is trailing twelve month (TTM) earnings. For non-bank companies, the growth rate we use is the average growth rate for EBITDA per share over the past 5 years. For Banks, the growth rate we use is the average growth rate for Book Value per share over the past 5 years.

Please don't confuse Peter Lynch Fair Value with the value reached in Peter Lynch Chart. In Peter Lynch chart, a fixed P/E ratio of 15 is used to draw the Earnings Line. Therefore the value reached has a P/E ratio of 15. But in Peter Lynch Fair Value calculation, P/E equals to the growth rate of Book Value per share over the past 5 years, which is 0 instead of 15 in this case.

China Merchants Securities Asset Management Co.,Ltd's Price to Peter Lynch Fair Value Ratio for today is calculated as

Price to Peter Lynch Fair Value=Share Price/Peter Lynch Fair Value
=1.67/N/A
=N/A

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


China Merchants Securities Asset Management Co.,Ltd Peter Lynch Fair Value Related Terms


China Merchants Securities Asset Management Co.,Ltd Peter Lynch Fair Value Historical Data

* Premium members only.

The historical data trend for China Merchants Securities Asset Management Co.,Ltd's Peter Lynch Fair Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

China Merchants Securities Asset Management Co.,Ltd Peter Lynch Fair Value Chart

China Merchants Securities Asset Management Co.,Ltd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Peter Lynch Fair Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 0.40 0.33 0.70 0.63

China Merchants Securities Asset Management Co.,Ltd Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Peter Lynch Fair Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.53 0.72 0.63 0.74 1.03

STU:195H vs MS, GS, SCHW: Peter Lynch Fair Value Comparison

For the Capital Markets subindustry, China Merchants Securities Asset Management Co.,Ltd's Price-to-Peter-Lynch-Fair-Value, along with its competitors' market caps and Price-to-Peter-Lynch-Fair-Value 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 Price-to-Peter-Lynch-Fair-Value vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, China Merchants Securities Asset Management Co.,Ltd's Price-to-Peter-Lynch-Fair-Value distribution charts can be found below:

* The bar in red indicates where China Merchants Securities Asset Management Co.,Ltd's Price-to-Peter-Lynch-Fair-Value falls into.


STU:195H
67GF Score
China Merchants Securities Asset Management Co.,Ltd STU:195H
Peter Lynch Fair Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Merchants Securities Asset Management Co.,Ltd Peter Lynch Fair Value Calculation

China Merchants Securities Asset Management Co.,Ltd's Peter Lynch Fair Value for today is calculated as

Peter Lynch Fair Value=PEG Ratio*5-Year TTM Book Value Growth Rate***EPS without NRI (TTM)
=1* N/A *0.164
=N/A

China Merchants Securities Asset Management Co.,Ltd's EPS without NRI for the trailing twelve months (TTM) uses the latest annual data, which was €0.16.

* Note that for companies that do not have enough quarterly data to calculate the 5-Year TTM EBITDA Growth Rate, we use the annual data for the calculation.


* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** Please be aware that the 5-Year TTM Book Value Growth Rate is calculated based on TTM data over the last 5 years. For quarterly reported companies, the TTM data is the latest quarter data. For companies that report semi-annually, annually, or do not have enough quarterly data, GuruFocus uses the annual data as the TTM data.

If 5-Year Earnings Growth Rate is greater than 25% a year, we use 25.

If 5-Year Earnings Growth Rate is smaller than 5% a year, we do not calculate Peter Lynch Fair Value.

Please note that we use the 5-year average growth rate of EBITDA per share as the growth rate for non-bank companies, as EBITDA growth is subject to less manipulations than net earnings per share. For banks, we use the 5-year average growth rate of Book Value per share as the growth rate. The reason is that EBITDA is not applicable to Banks and Book value is a relative important measurement for Banks. In the calculation, PEG=1 because Peter Lynch thinks that the fair P/E ratio of the growth stock is equal to its earnings growth rate.

Is China Merchants Securities Asset Management Co.,Ltd (STU:195H) Overvalued in 2026?

Based on GuruFocus' analysis, China Merchants Securities Asset Management Co.,Ltd stock appears to be undervalued. The current stock price of €1.67 is trading 39.9% below its estimated GF Value™ of €2.78. GuruFocus considers China Merchants Securities Asset Management Co.,Ltd to be Significantly Undervalued.

Key valuation signals for STU:195H:

  • Peter Lynch Fair Value: N/A
  • GF Value™: €2.78 vs. price of €1.67 (39.9% below fair value)
  • GF Score™: 67/100 with 3 warning signs

No single metric tells the full story. See the STU:195H 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 Kong600999:China
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.
67GF Score

Get the complete analysis for STU:195H

Peter Lynch Fair Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€1.67
Price
€2.78
GF Value