Ningbo Fangzheng Automobile Mould Co.,Ltd.

SZSE:300998 Stock Report

Market Cap: CN¥2.2b

Ningbo Fangzheng Automobile MouldLtd Valuation

Is 300998 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 300998 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 300998 (CN¥16.44) is trading above our estimate of fair value (CN¥0.98)

Significantly Below Fair Value: 300998 is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 300998?

Key metric: As 300998 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 300998. This is calculated by dividing 300998's market cap by their current revenue.
What is 300998's PS Ratio?
PS Ratio2.4x
SalesCN¥942.68m
Market CapCN¥2.21b

Price to Sales Ratio vs Peers

How does 300998's PS Ratio compare to its peers?

The above table shows the PS ratio for 300998 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1.6x
001278 Ningbo Yibin Electronic Technology
1xn/aCN¥2.2b
603286 Jiangsu Riying ElectronicsLtd
2.7xn/aCN¥2.3b
603161 Kehua HoldingsLtd
0.9xn/aCN¥2.3b
688667 Wuhan Lincontrol Automotive Electronics
1.9xn/aCN¥2.2b
300998 Ningbo Fangzheng Automobile MouldLtd
2.4xn/aCN¥2.2b

Price-To-Sales vs Peers: 300998 is expensive based on its Price-To-Sales Ratio (2.4x) compared to the peer average (1.6x).


Price to Sales Ratio vs Industry

How does 300998's PS Ratio compare vs other companies in the CN Auto Components Industry?

4 CompaniesPrice / SalesEstimated GrowthMarket Cap
600741 HUAYU Automotive Systems
0.3x6.0%US$7.43b
600742 Changchun FAWAY Automobile ComponentsLtd
0.4xn/aUS$975.68m
002684 Dynavolt Renewable Energy Technology (Henan)
0.4xn/aUS$58.50m
300742 Nanjing Yueboo Power System
0.1xn/aUS$3.50m
No more companies available in this PS range
300998 2.4xIndustry Avg. 2.3xNo. of Companies28PS01.63.24.86.48+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 300998 is expensive based on its Price-To-Sales Ratio (2.4x) compared to the CN Auto Components industry average (2.3x).


Price to Sales Ratio vs Fair Ratio

What is 300998's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

300998 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio2.4x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 300998's Price-To-Sales Fair Ratio for valuation analysis.


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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