Hainan Drinda New Energy Technology Co., Ltd.

SZSE:002865 Stock Report

Mkt Cap: CN¥26.9b

We’ve recently updated our valuation analysis.

Hainan Drinda New Energy Technology Valuation

Is 2865 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 2865?

Other financial metrics that can be useful for relative valuation.

2865 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue3.1x
Enterprise Value/EBITDA51.3x
PEG Ratio1.1x

Price to Earnings Ratio vs Peers

How does 2865's PE Ratio compare to its peers?

The above table shows the PE ratio for 2865 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average39.9x
603305 Ningbo Xusheng Group
43.5x36.1%CN¥24.7b
002850 Shenzhen Kedali Industry
42.9x49.1%CN¥32.6b
300432 Mianyang Fulin PrecisionLtd
24.4x42.0%CN¥18.6b
002472 Zhejiang Shuanghuan Driveline
48.8x30.7%CN¥24.8b
002865 Hainan Drinda New Energy Technology
86.2x75.9%CN¥26.9b

Price-To-Earnings vs Peers: 002865 is expensive based on its Price-To-Earnings Ratio (86.2x) compared to the peer average (39.9x).


Price to Earnings Ratio vs Industry

How does 2865's PE Ratio compare vs other companies in the CN Auto Components Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a37.7%
n/an/an/a

Price-To-Earnings vs Industry: 002865 is expensive based on its Price-To-Earnings Ratio (86.2x) compared to the CN Auto Components industry average (43.9x)


Price to Earnings Ratio vs Fair Ratio

What is 2865's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

2865 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio86.2x
Fair PE Ratio97.6x

Price-To-Earnings vs Fair Ratio: 002865 is good value based on its Price-To-Earnings Ratio (86.2x) compared to the estimated Fair Price-To-Earnings Ratio (97.6x).


Share Price vs Fair Value

What is the Fair Price of 2865 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 002865 (CN¥190) is trading above our estimate of fair value (CN¥62.38)

Significantly Below Fair Value: 002865 is trading above our estimate of fair value.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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