Shanghai Construction Group Valuation

Is 600170 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 600170 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 600170 (CN¥2.83) is trading above our estimate of fair value (CN¥0.35)

Significantly Below Fair Value: 600170 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 600170?

Key metric: As 600170 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 600170. This is calculated by dividing 600170's market cap by their current earnings.
What is 600170's PE Ratio?
PE Ratio	15.6x
Earnings	CN¥1.61b
Market Cap	CN¥23.73b

600170 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	0.1x
Enterprise Value/EBITDA	4.9x
PEG Ratio	1.7x

Price to Earnings Ratio vs Peers

How does 600170's PE Ratio compare to its peers?

The above table shows the PE ratio for 600170 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	18.5x
600820 Shanghai Tunnel Engineering	7.3x	8.0%	CN¥21.5b
601611 China Nuclear Engineering	12.6x	15.2%	CN¥26.5b
600970 Sinoma International EngineeringLtd	9.3x	12.9%	CN¥27.4b
000032 Shenzhen SED Industry	44.7x	22.2%	CN¥21.1b
600170 Shanghai Construction Group	15.6x	9.1%	CN¥25.1b

Price-To-Earnings vs Peers: 600170 is good value based on its Price-To-Earnings Ratio (15.6x) compared to the peer average (18.5x).

Price to Earnings Ratio vs Industry

How does 600170's PE Ratio compare vs other companies in the CN Construction Industry?

4 Companies	Price / Earnings	Estimated Growth	Market Cap
600248 Shaanxi Construction Engineering Group	4.5x	12.6%	US$2.43b
002482 Shenzhen Grandland Group	3.6x	n/a	US$1.38b
000498 Shandong Hi-Speed Road&Bridge Group	4.3x	8.0%	US$1.32b
002564 SuZhou THVOW Technology	1.8x	n/a	US$515.59m

No more companies available in this PE range

4 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 600170 is good value based on its Price-To-Earnings Ratio (15.6x) compared to the CN Construction industry average (24.6x).

Price to Earnings Ratio vs Fair Ratio

What is 600170'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.

600170 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	15.6x
Fair PE Ratio	18x

Price-To-Earnings vs Fair Ratio: 600170 is good value based on its Price-To-Earnings Ratio (15.6x) compared to the estimated Fair Price-To-Earnings Ratio (18.2x).

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.