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新股解读|华南职业教育(06913)今日启动招股,低估值受市场青睐_个股资讯_市场_中金在线


  据招股书显示,华南职业教育此次将发行3.34亿股股份,每股价格在1.59至2.01港元之间,欲募集资金5.31亿至6.71亿港元。在7月6日结束招股完成定价后,公司预计于7月13日在香港主板挂牌上市。
  以1.59港元至2.01港元的发行价格计算,华南职业教育上市后的估值在21.24亿至26.84亿港元之间,对应2020年1.82亿人民币的经调整净利润的PE仅9.73倍至12.29倍,远低于当前港股教育板块的静态PE估值35.39倍。
  高教、职教成二级市场中最确定性的投资机会
  随着一系列监管政策的落实,教培行业迎来大洗牌,朴新教育(NEW.US)更是在年内跌超70%。但细心的投资者能发现,二级市场中的教育股分化明显,虽然K12教育相关的个股录得大幅下跌,但高教、职教类个股的表现则十分坚挺,呈现逆市上涨,比如中教控股(00839)年迄今涨幅便在20%以上。
  ....

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