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《大行报告》大和首予万国数据(09698.HK)「买入」评级 目标价102元
阿思达克 11-06 10:14
大和发表研究报告,首次覆盖万国数据(09698.HK),并给予其「买入」投资评级,指公司是中国最大的高性能数据中心营运商,自2011至2016年度获得阿里云及腾讯云等战略客户後,一直持续增强其对大型企业的专业服务能力,并与中国主要的公共云供应商及互联网企业保持紧密的关系。

该行相信,其在捆绑下游基础设施即服务(IaaS)供应商方面的优势,将带动其2020至2025年度的订单及收入可见性高於同业。

该行基於公司2021年预测企业价值对EBITDA比率约33倍为估值基础,给予其12个月目标价102元,预期公司2020至2022年间的EBITDA年均复合增长率为41%,高於行业在同期的30%平均水平。

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