Hangzhou Zhengqiang Valuation

Is 301119 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 301119 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 301119 (CN¥24.36) is trading above our estimate of fair value (CN¥16.65)

Significantly Below Fair Value: 301119 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 301119?

Key metric: As 301119 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 301119. This is calculated by dividing 301119's market cap by their current earnings.
What is 301119's PE Ratio?
PE Ratio	29x
Earnings	CN¥87.43m
Market Cap	CN¥2.53b

301119 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/Revenue	4.1x
Enterprise Value/EBITDA	16.5x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does 301119's PE Ratio compare to its peers?

The above table shows the PE ratio for 301119 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	38.2x
301181 Jiangyin Pivot Automotive Products	21.1x	n/a	CN¥2.7b
300988 TianJin JinRong TianYu Precision Machinery	30.6x	n/a	CN¥2.7b
605208 Shanghai Yongmaotai Automotive Technology	65x	n/a	CN¥2.5b
002863 Zhejiang Jinfei Kaida WheelLtd	35.9x	n/a	CN¥2.8b
301119 Hangzhou Zhengqiang	29x	n/a	CN¥2.5b

Price-To-Earnings vs Peers: 301119 is good value based on its Price-To-Earnings Ratio (29x) compared to the peer average (38.2x).

Price to Earnings Ratio vs Industry

How does 301119's PE Ratio compare vs other companies in the CN Auto Components Industry?

1 Company	Price / Earnings	Estimated Growth	Market Cap
002684 Dynavolt Renewable Energy Technology (Henan)	0.6x	n/a	US$58.50m

No more companies available in this PE range

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 301119 is good value based on its Price-To-Earnings Ratio (29x) compared to the CN Auto Components industry average (30.1x).

Price to Earnings Ratio vs Fair Ratio

What is 301119'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.

301119 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	29x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 301119's Price-To-Earnings 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.

Discover undervalued companies

Sailun Group

CN¥44.7b

Engages in the research and development, production, sale, and servicing of tires in China, Europe, the United States, Asia, and Africa.

601058

CN¥14.18

-2.4%

23.2%

Sailun Group

CN¥44.7b

Engages in the research and development, production, sale, and servicing of tires in China, Europe, the United States, Asia, and Africa.

601058

CN¥14.18

-2.4%

23.2%

Ningbo Jifeng Auto Parts

CN¥15.6b

Manufactures automotive interior parts in China.

603997

CN¥12.38

-2.0%

-12.8%