Zhejiang Yinlun Machinery Co.,Ltd.

XSEC:002126 Stock Report

Market Cap: CN¥15.6b

Zhejiang Yinlun MachineryLtd Valuation

Is 002126 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

6/6

Valuation Score 6/6

  • 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 002126 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 002126 (CN¥18.82) is trading below our estimate of fair value (CN¥23.7)

Significantly Below Fair Value: 002126 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 002126?

Key metric: As 002126 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 002126. This is calculated by dividing 002126's market cap by their current earnings.
What is 002126's PE Ratio?
PE Ratio20.2x
EarningsCN¥772.73m
Market CapCN¥15.59b

Price to Earnings Ratio vs Peers

How does 002126's PE Ratio compare to its peers?

The above table shows the PE ratio for 002126 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average28.4x
603730 Shanghai Daimay Automotive Interior
21.8x22.7%CN¥16.1b
688208 Autel Intelligent Technology
34.3x28.5%CN¥15.2b
603305 Ningbo Xusheng Group
30.8x23.3%CN¥13.8b
002906 Foryou
26.9x18.7%CN¥17.0b
002126 Zhejiang Yinlun MachineryLtd
20.2x26.3%CN¥15.6b

Price-To-Earnings vs Peers: 002126 is good value based on its Price-To-Earnings Ratio (20.2x) compared to the peer average (27.8x).

Price to Earnings Ratio vs Industry

How does 002126's PE Ratio compare vs other companies in the CN Auto Components Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
002684 Dynavolt Renewable Energy Technology (Henan)
0.6xn/aUS$58.50m
No more companies available in this PE range
002126 20.2xIndustry Avg. 31.3xNo. of Companies29PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 002126 is good value based on its Price-To-Earnings Ratio (20.2x) compared to the CN Auto Components industry average (29.7x).

Price to Earnings Ratio vs Fair Ratio

What is 002126'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.

002126 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio20.2x
Fair PE Ratio21.6x

Price-To-Earnings vs Fair Ratio: 002126 is good value based on its Price-To-Earnings Ratio (20.2x) compared to the estimated Fair Price-To-Earnings Ratio (21.6x).

Analyst Price Targets

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

The above table shows the analyst 002126 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥18.82
CN¥24.35
+29.4%
2.5%CN¥25.00CN¥23.56n/a3
Nov ’25CN¥18.55
CN¥24.35
+31.3%
2.5%CN¥25.00CN¥23.56n/a3
Oct ’25CN¥19.50
CN¥20.78
+6.6%
16.0%CN¥25.00CN¥16.85n/a3
Sep ’25CN¥16.07
CN¥20.78
+29.3%
16.0%CN¥25.00CN¥16.85n/a3
Aug ’25CN¥15.80
CN¥22.56
+42.8%
12.3%CN¥25.00CN¥18.68n/a3
Jul ’25CN¥17.47
CN¥23.50
+34.5%
6.3%CN¥25.00CN¥21.49n/a3
Jun ’25CN¥17.93
CN¥23.50
+31.0%
6.3%CN¥25.00CN¥21.49n/a3
May ’25CN¥19.77
CN¥22.21
+12.3%
10.8%CN¥25.00CN¥19.12n/a4
Apr ’25CN¥18.47
CN¥22.52
+21.9%
8.9%CN¥25.00CN¥20.39n/a4
Mar ’25CN¥18.15
CN¥22.52
+24.1%
8.9%CN¥25.00CN¥20.39n/a4
Feb ’25CN¥15.08
CN¥22.52
+49.4%
8.9%CN¥25.00CN¥20.39n/a4
Jan ’25CN¥18.67
CN¥22.52
+20.6%
8.9%CN¥25.00CN¥20.39n/a4
Dec ’24CN¥18.20
CN¥21.40
+17.6%
3.7%CN¥22.50CN¥20.70n/a3
Nov ’24CN¥17.77
CN¥21.40
+20.4%
3.7%CN¥22.50CN¥20.70CN¥18.553
Oct ’24CN¥18.89
CN¥22.08
+16.9%
3.5%CN¥22.75CN¥21.00CN¥19.503
Sep ’24CN¥18.27
CN¥22.08
+20.9%
3.5%CN¥22.75CN¥21.00CN¥16.073
Aug ’24CN¥16.94
CN¥21.94
+29.5%
3.3%CN¥22.75CN¥21.00CN¥15.804
Jul ’24CN¥17.70
CN¥18.50
+4.5%
6.6%CN¥20.00CN¥17.00CN¥17.473
Jun ’24CN¥13.76
CN¥18.50
+34.4%
6.6%CN¥20.00CN¥17.00CN¥17.933
May ’24CN¥13.53
CN¥18.50
+36.7%
6.6%CN¥20.00CN¥17.00CN¥19.773
Apr ’24CN¥14.27
CN¥18.50
+29.6%
6.6%CN¥20.00CN¥17.00CN¥18.473
Mar ’24CN¥15.11
CN¥18.50
+22.4%
6.6%CN¥20.00CN¥17.00CN¥18.153
Feb ’24CN¥16.03
CN¥18.50
+15.4%
6.6%CN¥20.00CN¥17.00CN¥15.083
Jan ’24CN¥12.41
CN¥16.75
+35.0%
4.5%CN¥17.50CN¥16.00CN¥18.672
Dec ’23CN¥14.15
CN¥16.75
+18.4%
4.5%CN¥17.50CN¥16.00CN¥18.202
Nov ’23CN¥12.85
CN¥14.36
+11.8%
21.9%CN¥17.50CN¥11.22CN¥17.772

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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