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美股异动丨万国数据盘前升超5% 获多家机构看好
格隆汇 04-02 16:59
万国数据(GDS.US)盘前升5.12%,报26.5美元。华泰证券认为,万国数据2024年实现营业收入103.22亿元,同比增长5.5%,实现调整后EBITDA 48.76亿元,同比增长3%(均为国际业务出表后口径)。若从合并报表口径来看,公司2024年实现调整后EBITDA 51.93亿元,同比增长12.3%,略高于该行此前预测(50.46亿元)。该行认为,AI推理需求的增长有望带动公司国内数据中心空置率下降,从而为公司带来估值提升及业绩改善机遇。高盛发研报称,万国数据的首只公开房地产投资信托基金(REIT)发行申请于3月26日获中国证监会批准,此前已获国家发展和改革委员会批准。根据REIT基金招股说明书,2025年预估税息折旧及摊销前利润为1.39亿元人民币,企业价值为21.95亿元人民币,隐含的2025年企业价值/税息折旧及摊销前利润倍数为15.8倍。相比之下,按当前市值计算,万国数据中国业务2025年的企业价值/税息折旧及摊销前利润倍数约为11倍。(格隆汇)

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