A Look At Chow Tai Fook Jewellery Group (SEHK:1929) Valuation As Global Expansion Gathers Pace

Simply Wall St.01-21 07:18

Chow Tai Fook Jewellery Group (SEHK:1929) has kicked off a new phase of international expansion by opening a high profile store in Bangkok's Siam Paragon and naming Chinese actor Yang Yang as Global ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2605128299?lang=en_US&edition=fundamental","thumbnail":"https://images.simplywall.st/asset/industry/4444000-choice2-main-header/1585186827172","is_english":true,"pubTime":"2026-01-21 07:18","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2605128299","market":"nz","top_or_hot":-1,"title":"A Look At Chow Tai Fook Jewellery Group (SEHK:1929) Valuation As Global Expansion Gathers Pace","media":"Simply Wall St.","content":"<div>\n<p>Chow Tai Fook Jewellery Group (SEHK:1929) has kicked off a new phase of international expansion by opening a high profile store in Bangkok's Siam Paragon and naming Chinese actor Yang Yang as Global ...</p>\n\n<a href=\"https://simplywall.st/stocks/hk/retail/hkg-1929/chow-tai-fook-jewellery-group-shares/news/a-look-at-chow-tai-fook-jewellery-group-sehk1929-valuation-a\">Source Link</a>\n\n</div>\n","source":"simplywall_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>A Look At Chow Tai Fook Jewellery Group (SEHK:1929) Valuation As Global Expansion Gathers Pace</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nA Look At Chow Tai Fook Jewellery Group (SEHK:1929) Valuation As Global Expansion Gathers Pace\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-01-21 07:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://simplywall.st/stocks/hk/retail/hkg-1929/chow-tai-fook-jewellery-group-shares/news/a-look-at-chow-tai-fook-jewellery-group-sehk1929-valuation-a><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chow Tai Fook Jewellery Group (SEHK:1929) has kicked off a new phase of international expansion by opening a high profile store in Bangkok's Siam Paragon and naming Chinese actor Yang Yang as Global ...</p>\n\n<a href=\"https://simplywall.st/stocks/hk/retail/hkg-1929/chow-tai-fook-jewellery-group-shares/news/a-look-at-chow-tai-fook-jewellery-group-sehk1929-valuation-a\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"01929","symbol_name":"周大福","start_time":0,"source_url":"https://simplywall.st/stocks/hk/retail/hkg-1929/chow-tai-fook-jewellery-group-shares/news/a-look-at-chow-tai-fook-jewellery-group-sehk1929-valuation-a","article_id":"2605128299","we_media_id":null,"thumbnails":["https://images.simplywall.st/asset/industry/4444000-choice2-main-header/1585186827172"],"rights":{"source":"simplywall_highlight","url":"https://simplywall.st/stocks/hk/retail/hkg-1929/chow-tai-fook-jewellery-group-shares/news/a-look-at-chow-tai-fook-jewellery-group-sehk1929-valuation-a","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2605128299","pubTimestamp":1768951099,"columns":[],"sourceInfo":{"source_id":"simplywall_highlight","name":"Simply Wall St."},"weMediaInfo":null,"summary":"Chow Tai Fook Jewellery Group (SEHK:1929) has kicked off a new phase of international expansion by opening a high profile store in Bangkok's Siam Paragon and naming Chinese actor Yang Yang as Global Brand Ambassador.\nSee our latest analysis for Chow Tai Fook Jewellery Group.\nThe Bangkok opening and new Global Brand Ambassador come at a time when momentum in Chow Tai Fook Jewellery Group’s shares has been mixed, with a recent 5.91% 1 month share price return and a 14.28% 3 month share price...","collect":0,"end_time":0,"defaultTopTitle":"simplywall.st","property":[],"viewcount":null,"language":"en","relate_stocks":{"01929":"周大福","IE00BYQNZ168.SGD":"PINEBRIDGE ASIA EX JAPAN SMALL CAP EQUITY \"A5CP\" (SGD) ACC","HK0000288743.USD":"VALUE PARTNERS HIGH-DIVIDEND STOCKS \"A2\" (USDHDG) INC","BK1545":"奢侈品股","IE00BYTNYN87.SGD":"PINEBRIDGE ASIA EX JAPAN SMALL CAP EQUITY \"A5\" (SGD) ACC","IE00B12V2V27.USD":"柏瑞亚洲小盘股A(除日本)","BK1502":"双十一","BK1224":"专卖店","SG9999011746.SGD":"PINEBRIDGE INTERNATIONAL FUNDS - ACORNS OF ASIA BA (SGD) ACC","HK0000288784.HKD":"VALUE PARTNERS HIGH-DIVIDEND STOCKS \"A2\" (HKDHDG) INC","BK1602":"香港零售股","BK1601":"香港本地股"},"translate_title":"随着全球扩张步伐加快，周大福珠宝集团（SEHK：1929）的估值一览","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01929":0.9},"content_text":"Chow Tai Fook Jewellery Group (SEHK:1929) has kicked off a new phase of international expansion by opening a high profile store in Bangkok's Siam Paragon and naming Chinese actor Yang Yang as Global Brand Ambassador. See our latest analysis for Chow Tai Fook Jewellery Group. The Bangkok opening and new Global Brand Ambassador come at a time when momentum in Chow Tai Fook Jewellery Group’s shares has been mixed, with a recent 5.91% 1 month share price return and a 14.28% 3 month share price decline, but a 98.45% 1 year total shareholder return pointing to strong longer term gains. At the latest share price of HK$13.45 and a 7.86% year to date share price return, the recent branding and expansion moves are landing on a stock where shorter term sentiment has cooled compared with the very strong 1 year total shareholder return. This suggests that investors are weighing growth ambitions against changing perceptions of risk. If this kind of international growth story has your attention, it could be a good moment to broaden your watchlist with fast growing stocks with high insider ownership. With Chow Tai Fook trading at HK$13.45 and sitting at an estimated 35% discount to one intrinsic value measure, is this global expansion push still underappreciated, or is the market already pricing in the next leg of growth? AdvertisementMost Popular Narrative: 23.2% Undervalued Chow Tai Fook Jewellery Group’s last close of HK$13.45 sits below a most-followed fair value estimate of HK$17.51, putting the focus on whether assumed growth, margins and a discount rate of 9.23% can justify that gap. The analysts have a consensus price target of HK$15.144 for Chow Tai Fook Jewellery Group based on their expectations of its future earnings growth, profit margins and other risk factors. However, there is a degree of disagreement amongst analysts, with the most bullish reporting a price target of HK$17.0, and the most bearish reporting a price target of just HK$12.0. Read the complete narrative. Curious what kind of revenue path, margin uplift and future earnings multiple have to line up to reach that valuation gap? The narrative leans on steady top line growth, higher profitability and a premium P/E that sits above the sector. If you want to see exactly how those pieces fit together, the full set of assumptions is where the story gets interesting. Result: Fair Value of HK$17.51 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, those assumptions could be challenged if gold price volatility continues to pressure demand or if further store closures lead to more revenue and profit weakness. Find out about the key risks to this Chow Tai Fook Jewellery Group narrative. Another View: Price Tag Looks Full There is a twist when you look at Chow Tai Fook through its P/E. The shares trade on 22.4x earnings compared with 16.9x for peers and 12.2x for the Hong Kong Specialty Retail industry, and even above a fair ratio of 20.1x. This points to a richer price rather than a clear bargain. With the market already paying more than both peers and that fair ratio, the question is whether you think future progress justifies that premium, or if it leaves less room for error. See what the numbers say about this price — find out in our valuation breakdown. SEHK:1929 P/E Ratio as at Jan 2026 Build Your Own Chow Tai Fook Jewellery Group Narrative If you look at these numbers and reach a different conclusion, or just prefer to test the assumptions yourself, you can build a customised view in minutes with Do it your way. A great starting point for your Chow Tai Fook Jewellery Group research is our analysis highlighting 4 key rewards and 2 important warning signs that could impact your investment decision. Ready for more investment ideas? If Chow Tai Fook has sharpened your curiosity, do not stop here. Use the Simply Wall St Screener to uncover other angles your portfolio might be missing.  Target reliable cash flows by scanning for income ideas through these 13 dividend stocks with yields > 3% that may suit a dividend focused watchlist. Position yourself early in AI related themes by filtering the market with these 24 AI penny stocks before the next headlines hit. Hunt for potential mispricings by zeroing in on these 870 undervalued stocks based on cash flows that might warrant a closer look alongside your existing holdings.   This article by Simply Wall St is general in nature. We provide commentary based on historical data\n    and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your\n    financial situation. We aim to bring you long-term focused analysis driven by fundamental data.\n    Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.\n    Simply Wall St has no position in any stocks mentioned.New: AI Stock Screener & AlertsOur new AI Stock Screener scans the market every day to uncover opportunities.• Dividend Powerhouses (3%+ Yield)• Undervalued Small Caps with Insider Buying• High growth Tech and AI CompaniesOr build your own from over 50 metrics.Explore Now for FreeHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.0","shortVersion":"4.36.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2605128299","isCrawlerRequest":true}