How does 600114's PE Ratio compare to its peers?

600114 is good value based on its Price-To-Earnings Ratio (26.5x) compared to the peer average (84x).

How does 600114's PE Ratio compare vs other companies in the CN Auto Components Industry?

600114 is good value based on its Price-To-Earnings Ratio (26.5x) compared to the CN Auto Components industry average (31.3x).

What is 600114'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.

600114 is expensive based on its Price-To-Earnings Ratio (26.5x) compared to the estimated Fair Price-To-Earnings Ratio (22x).

What is the Fair Price of 600114 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

600114 (CN¥15.83) is trading below our estimate of [[fair value]] (CN¥28.64)

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

Target price is less than 20% higher than the current share price.

NBTM New Materials Group (XSSC:600114) - Stock Price, News & Analysis

600114 Stock Overview

Produces and sells powder metallurgy mechanical parts worldwide. More details

600114 fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	3/6
Past Performance	5/6
Financial Health	3/6
Dividends	3/6

Rewards

Trading at 44.7% below our estimate of its fair value

Earnings are forecast to grow 25.41% per year

Earnings grew by 117.8% over the past year

Risk Analysis

Debt is not well covered by operating cash flow

Dividend of 1.26% is not well covered by free cash flows

NBTM New Materials Group Co., Ltd. Competitors

Ling Yun Industrial

SHSE:600480

CN¥9.4b

Zhejiang Jingu

SZSE:002488

CN¥10.0b

Shanghai Beite Technology

SHSE:603009

CN¥11.3b

Wuxi Best Precision Machinery

SZSE:300580

CN¥10.2b

Price History & Performance

Summary of all time highs, changes and price drops for NBTM New Materials Group
Historical stock prices
Current Share Price	CN¥15.83
52 Week High	CN¥20.15
52 Week Low	CN¥10.40
Beta	0.66
11 Month Change	-14.89%
3 Month Change	2.46%
1 Year Change	16.91%
33 Year Change	29.22%
5 Year Change	159.51%
Change since IPO	59.92%

Recent updates

Shareholder Returns

	600114	CN Auto Components	CN Market
7D	-2.6%	-0.3%	-2.1%
1Y	16.9%	0.09%	2.8%

Return vs Industry: 600114 exceeded the CN Auto Components industry which returned 1.4% over the past year.

Return vs Market: 600114 exceeded the CN Market which returned 5.4% over the past year.

Price Volatility

Is 600114's price volatile compared to industry and market?
600114 volatility
600114 Average Weekly Movement	9.5%
Auto Components Industry Average Movement	8.0%
Market Average Movement	8.3%
10% most volatile stocks in CN Market	12.6%
10% least volatile stocks in CN Market	5.6%

Stable Share Price: 600114 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 600114's weekly volatility (9%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1994	5,145	Zhirong Zhu	www.pm-china.com

NBTM New Materials Group Co., Ltd. produces and sells powder metallurgy mechanical parts worldwide. The company provides soft magnetic composite materials and metal injection molding products.

NBTM New Materials Group Co., Ltd. Fundamentals Summary

How do NBTM New Materials Group's earnings and revenue compare to its market cap?
600114 fundamental statistics
Market cap	CN¥9.76b
Earnings (TTM)	CN¥367.64m
Revenue (TTM)	CN¥4.69b

26.5x

P/E Ratio

2.1x

P/S Ratio

Is 600114 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
600114 income statement (TTM)
Revenue	CN¥4.69b
Cost of Revenue	CN¥3.57b
Gross Profit	CN¥1.12b
Other Expenses	CN¥750.70m
Earnings	CN¥367.64m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.60
Gross Margin	23.84%
Net Profit Margin	7.84%
Debt/Equity Ratio	97.4%

How did 600114 perform over the long term?

See historical performance and comparison

Dividends

1.3%

Current Dividend Yield

33%

Payout Ratio

600114 Stock Overview

Rewards

Risk Analysis

NBTM New Materials Group Co., Ltd. Competitors

SHSE:600480

CN¥9.4b

SZSE:002488

CN¥10.0b

SHSE:603009

CN¥11.3b

SZSE:300580

CN¥10.2b

Price History & Performance

Recent News & Updates

Third quarter 2024 earnings released: EPS: CN¥0.14 (vs CN¥0.11 in 3Q 2023)

Investor sentiment improves as stock rises 16%

Investor sentiment improves as stock rises 21%

NBTM New Materials Group Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024

Investor sentiment improves as stock rises 18%

New minor risk - Share price stability

Recent updates

Third quarter 2024 earnings released: EPS: CN¥0.14 (vs CN¥0.11 in 3Q 2023)

Investor sentiment improves as stock rises 16%

Investor sentiment improves as stock rises 21%

NBTM New Materials Group Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024

Investor sentiment improves as stock rises 18%

New minor risk - Share price stability

Investor sentiment improves as stock rises 17%

NBTM New Materials Group Co., Ltd. to Report First Half, 2024 Results on Aug 20, 2024

Dividend of CN¥0.20 announced

NBTM New Materials Group Co., Ltd., Annual General Meeting, May 23, 2024

First quarter 2024 earnings released: EPS: CN¥0.13 (vs CN¥0.03 in 1Q 2023)

NBTM New Materials Group Co., Ltd., Annual General Meeting, May 23, 2024

Full year 2023 earnings released: EPS: CN¥0.32 (vs CN¥0.25 in FY 2022)

NBTM New Materials Group Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024

Investor sentiment improves as stock rises 15%

NBTM New Materials Group Co., Ltd. to Report Fiscal Year 2023 Results on Apr 27, 2024

Third quarter 2023 earnings released: EPS: CN¥0.11 (vs CN¥0.071 in 3Q 2022)

Investor sentiment improves as stock rises 17%

New minor risk - Share price stability

Investor sentiment improves as stock rises 16%

New minor risk - Earnings quality

Second quarter 2023 earnings released: EPS: CN¥0.028 (vs CN¥0.08 in 2Q 2022)

NBTM New Materials Group Co., Ltd. to Report First Half, 2023 Results on Aug 01, 2023

First quarter 2023 earnings released: EPS: CN¥0.03 (vs CN¥0.01 in 1Q 2022)

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: CN¥0.071 (vs CN¥0.041 in 3Q 2021)

Second quarter 2022 earnings released: EPS: CN¥0.08 (vs CN¥0.027 in 2Q 2021)

Less than half of directors are independent

NBTM New Materials Group Co., Ltd. (SHSE:600114) agreed to acquire remaining 40% stake in ZheJiang KeDa Magnetoelectricity Co., Ltd from Ningbo Xinjinguang Investment Management Co., Ltd. and Ke Xin for CNY 230 million.

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS CN¥0.041 (vs CN¥0.01 loss in 3Q 2020)

Investor sentiment improved over the past week

Second quarter 2021 earnings released: EPS CN¥0.027 (vs CN¥0.05 in 2Q 2020)

Investor sentiment improved over the past week

Full year 2020 earnings released: EPS CN¥0.14 (vs CN¥0.49 in FY 2019)

New 90-day high: CN¥8.86

New 90-day low: CN¥7.11

New 90-day low: CN¥7.71

New 90-day low: CN¥8.62

Third quarter earnings released

New 90-day low: CN¥9.41

NBTM New Materials Group Co., Ltd. to Report Q3, 2020 Results on Oct 24, 2020

Earnings released

New 90-day high - CN¥12.25

NBTM New Materials Group Co., Ltd. to Report First Half, 2020 Results on Aug 15, 2020

Shareholder Returns

Price Volatility

About the Company

NBTM New Materials Group Co., Ltd. Fundamentals Summary

26.5x

2.1x

Earnings & Revenue

Dividends

1.3%

33%