You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
麥格理:首予金山軟件(3888.HK)“跑贏大市”評級 目標價32港元
格隆匯 01-15 13:21

麥格理髮表報告,首予金山軟件(03888.HK)“跑贏大市”評級,目標價32港元,此相當綜合方式作估值,相當預測今年市盈率33倍,估計旗下雲業務及辦公室軟件業務今年可錄強勁增長,主要受益於公司市場領先地位及客户快速適應所致,指該股目前股價較每股資產淨值折讓高達51%。

該行料,金山軟件旗下雲業務可成未來主要推動力,料相關業務於2019年至2022年收入複合增長率達53%,相信可受惠於視頻及遊戲雲、內地政府及企業需求所支持;該行估計,金山軟件旗下辦公室軟件業務於2019年至2022年收入複合增長率達45%。

麥格理表示,金山軟件未來將迎來三個催化劑,首先是3月份將公佈業績、第二是受政策所支持,第三季是料公司旗下金山雲於今年第二季潛在分拆上市,有助提升金山軟件的每股資產淨值預測。該行料金山軟件於2020年及2021年每股盈利預測各為0.56及0.85元人民幣。

Follow us
Find us on Facebook, Twitter , Instagram, and YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!
Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.
uSMART
Wealth Growth Made Easy
Open Account