China Merchants Port Holdings Co (FRA:CPM) Preferred Stock: €0 Mil (As of Dec. 2025)

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.

FRA:CPM China Merchants Port Holdings Co Ltd FRA:CPM
73 GF Score
Price €1.61
GF Value €1.54
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is China Merchants Port Holdings Co Preferred Stock?

China Merchants Port Holdings Co FRA:CPM +5.03% 73 Preferred Stock is €0 Mil as of Dec. 2025. GuruFocus rates FRA:CPM with a GF Score™ of 73/100 and a GF Value™ of €1.54 (Fairly Valued). The stock has 3 warning signs investors should review.

Preferred stock is a special equity security that has properties of both equity and debt. China Merchants Port Holdings Co's preferred stock for the quarter that ended in Dec. 2025 was €0 Mil.

The market value of preferred stock needs to be added to the market value of common stocks in the calculation of Enterprise Value. China Merchants Port Holdings Co's Enterprise Value for the quarter that ended in Dec. 2025 was €10,727 Mil.

In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. China Merchants Port Holdings Co's Book Value per Share for the quarter that ended in Dec. 2025 was €2.89.

Dividends paid to preferred stocks need to be subtracted from net income in the calculation of Earnings per Share (Diluted). China Merchants Port Holdings Co's Earnings per Share (Diluted) for the six months ended in Dec. 2025 was €0.08.


China Merchants Port Holdings Co  (FRA:CPM) Preferred Stock Explanation

When a company needs capital but does not wish to issue debt, they may sell preferred stocks to investors.

For instance, during the financial crisis of 2008, Goldman Sachs (GS) issued a combination of preferred stock and common stock options for $5 billion of capital to Warren Buffett’s Berkshire Hathaway (BRK.A)(BRK.B). In this deal, Berkshire Hathaway paid $5 billion for 10% cumulative perpetual preferred stock and warrants to buy 43.5 million shares of Goldman Sachs at $115 a share. Goldman Sachs bought back the preferred in 2010. Guess how much money Warren Buffett made in this deal in two years? Read How Much Did Warren Buffett’s Berkshire Hathaway (BRK.B) Make on Its Goldman Sachs (GS) Preferred Stock?

1. The market value of Preferred Stocks needs to be added to the market value of common stocks in the calculation of enterprise value.

China Merchants Port Holdings Co's Enterprise Value for the quarter that ended in Dec. 2025 is calculated as

2. In the calculation of Book Value, the par value of Preferred Stocks needs to subtracted from total equity.

China Merchants Port Holdings Co's Book Value per Share for the quarter that ended in Dec. 2025 is calculated as

3. Dividends paid to Preferred Stocks need to be subtracted from net income in the calculation of earnings per share.

China Merchants Port Holdings Co's Earnings per Share (Diluted) (EPS) for the six months ended in Dec. 2025 is calculated as

* 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 Port Holdings Co Preferred Stock Related Terms


China Merchants Port Holdings Co Preferred Stock Historical Data

* Premium members only.

The historical data trend for China Merchants Port Holdings Co's Preferred Stock 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 Port Holdings Co Preferred Stock Chart

China Merchants Port Holdings Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Preferred Stock
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

China Merchants Port Holdings Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Preferred Stock 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 0.00 0.00 0.00 0.00 0.00
FRA:CPM
73GF Score
China Merchants Port Holdings Co Ltd FRA:CPM
Preferred Stock is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Merchants Port Holdings Co Preferred Stock Calculation

Preferred Stock is a special equity security that has properties of both equity and debt. It is generally considered a hybrid instrument. Preferred stock is senior to common stock, but is subordinate to bonds in terms of claim or rights to their share of the assets of the company.

Preferred stock has priority over common stock in the payment of dividends and any payments received when a company liquidates.

Preferred stock comes in many forms. It can be:


Convertible or Non-Convertible
Cumulative or Non-Cumulative
Voting or Non-Voting
Callable or Non-Callable
Maturity Date or No Maturity Date

A preferred stock without a maturity date is called a perpetual preferred stock. These are relatively rare. A good example of perpetual preferred stock is the many series of Public Storage (PSA) preferred shares that trade on the New York Stock Exchange.

Before investing in preferred stock, it is important to know which of the above groups the stock belongs to. Is it convertible or non-convertible? Are dividends cumulative or non-cumulative?

It is also critical that an investor knows what bonds the company has in front of the preferred stock. Bondholders get paid first. So the decision to buy a preferred stock can be similar to the decision to buy a bond. But, remember, the preferred stock of a company with bonds is junior to those bonds.

Unless a preferred stock is convertible, the upside in a preferred stock investment is more limited than in a common stock investment. If a company doubles its earnings, it is usually under no more obligation to double the dividends paid to preferred shareholders than it is to double the interest paid to its bankers and bondholders.So preferred stock is very different from common stock.

Frequently Asked Questions Learn more about Preferred Stock →
What does a Preferred Stock of €0 Mil mean?
China Merchants Port Holdings Co (FRA:CPM) has a Preferred Stock of €0 Mil as of Dec. 2025. Preferred Stock represents the par value of a company's preferred shares. View historical data on China Merchants Port Holdings Co and its competitors.
Is China Merchants Port Holdings Co's Preferred Stock too high?
China Merchants Port Holdings Co's current Preferred Stock is €0 Mil. Overall, China Merchants Port Holdings Co has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China Merchants Port Holdings Co's Preferred Stock compare to competitors?
China Merchants Port Holdings Co's Preferred Stock of €0 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Preferred Stock for a Transportation company?
A good Preferred Stock depends on the Transportation industry context. However, Preferred Stock should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Preferred Stock mean?
A high Preferred Stock can signal that a stock is expensive relative to its fundamentals. Preferred Stock represents the par value of a company's preferred shares. View historical data on China Merchants Port Holdings Co and its competitors. China Merchants Port Holdings Co's current Preferred Stock is €0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Merchants Port Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, China Merchants Port Holdings Co (FRA:CPM) is currently considered Fairly Valued. The stock's GF Value™ is €1.54, compared to a current price of €1.61 — trading 4.4% above its estimated fair value. The current Preferred Stock is €0 Mil. China Merchants Port Holdings Co's overall GF Score™ is 73/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Preferred Stock calculated?
Preferred Stock is calculated from a company's financial statements. For China Merchants Port Holdings Co (FRA:CPM), the current Preferred Stock is €0 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is China Merchants Port Holdings Co (FRA:CPM) Overvalued in 2026?

Based on GuruFocus' analysis, China Merchants Port Holdings Co stock appears to be overvalued. The current stock price of €1.61 is trading 4.4% above its estimated GF Value™ of €1.54. GuruFocus considers China Merchants Port Holdings Co to be Fairly Valued.

Key valuation signals for FRA:CPM:

  • Preferred Stock: €0 Mil
  • GF Value™: €1.54 vs. price of €1.61 (4.4% above fair value)
  • GF Score™: 73/100 with 3 warning signs

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


China Merchants Port Holdings Co Business Description

Address 168-200 Connaught Road Central, 38th Floor, China Merchants Tower, Shun Tak Centre, Hong Kong, HKG
China Merchants Port Holdings Co Ltd is a port service provider principally engaged in port operations, bonded logistics operations, and property investment. Its segments are port operations, bonded logistics operations, and other operations. Port operations generate maximum revenue, including container terminal operations and bulk and general cargo terminal operations conducted by the Group, its associates, and joint ventures across Mainland China, Hong Kong, and Taiwan, as well as other international locations. Bonded logistics operations include logistics park operations, port transportation, and airport cargo handling. Other operations mainly include property development and investment, logistics operations by associates, and corporate functions.
73GF Score

Get the complete analysis for FRA:CPM

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

€1.61
Price
€1.54
GF Value