Jiangsu Zijin Rural Commercial BankLtd Valuation

Is 601860 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 601860 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 601860 (CN¥2.83) is trading below our estimate of fair value (CN¥5.71)

Significantly Below Fair Value: 601860 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 601860?

Key metric: As 601860 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 601860. This is calculated by dividing 601860's market cap by their current earnings.
What is 601860's PE Ratio?
PE Ratio	6.4x
Earnings	CN¥1.62b
Market Cap	CN¥10.36b

601860 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	n/a

Price to Earnings Ratio vs Peers

How does 601860's PE Ratio compare to its peers?

The above table shows the PE ratio for 601860 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	5.7x
002807 Jiangsu Jiangyin Rural Commercial BankLTD	5.1x	10.5%	CN¥10.1b
603323 Jiangsu Suzhou Rural Commercial Bank	4.9x	10.6%	CN¥9.4b
002839 Jiangsu Zhangjiagang Rural Commercial Bank	5.3x	9.1%	CN¥9.4b
001227 Bank of Lanzhou	7.5x	n/a	CN¥14.1b
601860 Jiangsu Zijin Rural Commercial BankLtd	6.4x	n/a	CN¥10.4b

Price-To-Earnings vs Peers: 601860 is expensive based on its Price-To-Earnings Ratio (6.4x) compared to the peer average (5.7x).

Price to Earnings Ratio vs Industry

How does 601860'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: 601860 is expensive based on its Price-To-Earnings Ratio (6.4x) compared to the CN Banks industry average (5.7x).

Price to Earnings Ratio vs Fair Ratio

What is 601860'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.

601860 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	6.4x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 601860'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.

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