TacticScaleChina Merchants Property Operation & Service Co (001914.SZ) Stock: Fair Value & Is It Undervalued?
Updated October 2026 · reflects China Merchants Property Operation & Service Co's latest reported financials
Chinese property manager and real estate developer in Shenzhen
Quick answer: China Merchants Property Operation & Service Co's most-likely fair value is about $40 (range $27–$81) versus a recent price near $9. The disciplined verdict is “Deeply undervalued” — fair value is only actionable at the extremes. Analysis, not advice.
Margin of safety is large — today's $9 is below the no-growth floor ($16): you're paying less than the business is worth even if it never grows.
Analysis, not advice. Fair value is a margin-of-safety estimate from a deterministic owner-earnings DCF, not a price target or recommendation. See the full breakdown →
Is China Merchants Property Operation & Service Co stock undervalued?
On an owner-earnings DCF, China Merchants Property Operation & Service Co's most-likely value is about $40 versus a recent price near $9 (329% below fair value). But TacticScale only calls a stock undervalued when the price sits below its conservative no-growth floor (~$16) with a margin of safety — so the honest verdict here is “Deeply undervalued.” Fair value earns its keep only at the extremes, not in the wide middle.
What is China Merchants Property Operation & Service Co?
China Merchants Property Operation & Service Co., Ltd. (001914.SZ) is a Shenzhen-headquartered real estate services company operating in China. Its core business is property management — running and maintaining residential communities, office buildings and other commercial properties on behalf of owners — alongside asset management and other related services. The company is also engaged in real estate development and management.
What China Merchants Property Operation & Service Co does
China Merchants Property Operation & Service manages residential and commercial buildings for owners in China, handling things like security, cleaning, maintenance and day-to-day building operations. It also develops real estate and manages property assets on behalf of clients. Based in Shenzhen, it was founded in 1985 and took its current name in December 2019 after previously operating as AVIC SUNDA Holding Company Limited.
How China Merchants Property Operation & Service Co makes money
It earns recurring service fees from property management contracts covering residential and commercial buildings, plus asset management and other value-added services. Revenue also comes from its real estate development and management activities.
Products & services
- Residential property management services
- Commercial and office building property management
- Asset management services
- Real estate development and management
- Value-added and other related services
Related companies
China Merchants Shekou Industrial Zone Holdings Co (001979.SZ) · China Merchants Securities Co (600999.SS) · Shenzhen Special Economic Zone Real Estate & Properties (Group) Co (000029.SZ) · China Merchants Bank Co (600036.SS)