Feilong Auto Components Valuation

Is 002536 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

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 002536 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 002536 (CN¥10.68) is trading above our estimate of fair value (CN¥2.34)

Significantly Below Fair Value: 002536 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 002536?

Key metric: As 002536 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 002536. This is calculated by dividing 002536's market cap by their current earnings.
What is 002536's PE Ratio?
PE Ratio	20.2x
Earnings	CN¥303.85m
Market Cap	CN¥6.14b

002536 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	1.2x
Enterprise Value/EBITDA	11.3x
PEG Ratio	0.7x

Price to Earnings Ratio vs Peers

How does 002536's PE Ratio compare to its peers?

The above table shows the PE ratio for 002536 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	34.2x
002510 Tianjin Motor DiesLtd	64.9x	n/a	CN¥5.6b
603107 Shanghai Automobile Air-Conditioner Accessories	33x	n/a	CN¥5.6b
001311 Chuzhou Duoli Automotive Technology	14.2x	21.9%	CN¥6.3b
603809 Chengdu Haoneng Technology	24.8x	28.3%	CN¥6.5b
002536 Feilong Auto Components	20.2x	30.6%	CN¥6.1b

Price-To-Earnings vs Peers: 002536 is good value based on its Price-To-Earnings Ratio (20.2x) compared to the peer average (34x).

Price to Earnings Ratio vs Industry

How does 002536'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: 002536 is good value based on its Price-To-Earnings Ratio (20.2x) compared to the CN Auto Components industry average (30.8x).

Price to Earnings Ratio vs Fair Ratio

What is 002536'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.

002536 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	20.2x
Fair PE Ratio	23x

Price-To-Earnings vs Fair Ratio: 002536 is good value based on its Price-To-Earnings Ratio (20.2x) compared to the estimated Fair Price-To-Earnings Ratio (23x).

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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