广发证券:维持阿里巴巴-W(09988.HK)“买入”评级 合理价值为184.91港元/股

智通财经
Jul 14
【广发证券:维持阿里巴巴-W(09988.HK)“买入”评级 合理价值为184.91港元/股】智通财经APP获悉,广发证券发布研报称,预计FY2027-2029阿里巴巴-W(09988.HK)营业收入为11602.18/13329.34/15376.54亿元,经调整后净利润为1048.56/1396.05/1709.02亿元。估值方面,该行采用SOTP方法,对中国电商集团业务基于FY27财年EBITA给予8倍P/EBITA估值,对云智能集团基于FY27财年收入给予6.5倍PS估值,并纳入净现金价值。对应公司合理价值为184.91港元/股、美股188.57美元/ADS,维持“买入”评级。

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