Chongqing Rural Commercial Bank Valuation

Q: What is the Fair Price of 601077 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

601077 (CN¥5.59) is trading below our estimate of [[fair value]] (CN¥19.87)

Is 601077 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

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 601077 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 601077 (CN¥5.59) is trading below our estimate of fair value (CN¥19.87)

Significantly Below Fair Value: 601077 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 601077?

Key metric: As 601077 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 601077. This is calculated by dividing 601077's market cap by their current earnings.
What is 601077's PE Ratio?
PE Ratio	3.9x
Earnings	CN¥11.02b
Market Cap	CN¥59.16b

601077 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	n/a
Enterprise Value/EBITDA	n/a
PEG Ratio	0.8x

Price to Earnings Ratio vs Peers

How does 601077's PE Ratio compare to its peers?

The above table shows the PE ratio for 601077 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	5.1x
601838 Bank of Chengdu	4.9x	11.6%	CN¥60.1b
601577 Bank of Changsha	4.4x	8.5%	CN¥34.0b
600926 Bank of Hangzhou	5.3x	15.8%	CN¥83.9b
601009 Bank of Nanjing	5.9x	10.2%	CN¥110.6b
601077 Chongqing Rural Commercial Bank	3.9x	4.9%	CN¥63.7b

Price-To-Earnings vs Peers: 601077 is good value based on its Price-To-Earnings Ratio (3.9x) compared to the peer average (5.1x).

Price to Earnings Ratio vs Industry

How does 601077's PE Ratio compare vs other companies in the CN Banks Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap

No more companies available in this PE range

0 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 601077 is good value based on its Price-To-Earnings Ratio (3.9x) compared to the CN Banks industry average (5.8x).

Price to Earnings Ratio vs Fair Ratio

What is 601077'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.

601077 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	3.9x
Fair PE Ratio	5.4x

Price-To-Earnings vs Fair Ratio: 601077 is good value based on its Price-To-Earnings Ratio (3.9x) compared to the estimated Fair Price-To-Earnings Ratio (5.4x).

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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