Hefei Metalforming Intelligent Manufacturing Valuation
Is 603011 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
4/6Valuation Score 4/6
Below Fair Value
Significantly Below Fair Value
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast
Share Price vs Fair Value
What is the Fair Price of 603011 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 603011 (CN¥7.7) is trading below our estimate of fair value (CN¥83.03)
Significantly Below Fair Value: 603011 is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 603011?
Key metric: As 603011 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.
| What is 603011's PS Ratio? | |
|---|---|
| PS Ratio | 1.9x |
| Sales | CN¥2.00b |
| Market Cap | CN¥3.80b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 1.9x |
| Enterprise Value/EBITDA | 136.9x |
| PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does 603011's PS Ratio compare to its peers?
| Company | Forward PS | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 3.3x | ||
300540 Sichuan Shudao Equipment & TechnologyLtd | 5.3x | 14.2% | CN¥4.3b |
605060 Allied Machinery | 3.5x | 20.6% | CN¥4.1b |
301196 Xiamen Voke Mold & Plastic Engineering | 2.5x | n/a | CN¥4.4b |
600592 Fujian Longxi Bearing (Group) | 1.9x | n/a | CN¥4.0b |
603011 Hefei Metalforming Intelligent Manufacturing | 1.9x | n/a | CN¥3.8b |
Price-To-Sales vs Peers: 603011 is good value based on its Price-To-Sales Ratio (1.9x) compared to the peer average (3.3x).
Price to Sales Ratio vs Industry
How does 603011's PS Ratio compare vs other companies in the CN Machinery Industry?
| 6 Companies | Price / Sales | Estimated Growth | Market Cap |
|---|---|---|---|
000039 China International Marine Containers (Group) | 0.3x | 5.0% | US$4.79b |
000951 Sinotruk Jinan TruckLtd | 0.4x | 14.6% | US$2.62b |
600686 Xiamen King Long Motor Group | 0.4x | n/a | US$1.15b |
000404 Changhong Huayi Compressor | 0.4x | 4.8% | US$672.42m |
| 6 Companies | Estimated Growth | Market Cap |
|---|
Price-To-Sales vs Industry: 603011 is good value based on its Price-To-Sales Ratio (1.9x) compared to the CN Machinery industry average (3.1x).
Price to Sales Ratio vs Fair Ratio
What is 603011's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PS Ratio | 1.9x |
| Fair PS Ratio | n/a |
Price-To-Sales vs Fair Ratio: Insufficient data to calculate 603011's Price-To-Sales 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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