Delixi New Energy Technology Valuation
Is 603032 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
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 603032 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 603032 (CN¥18.15) is trading below our estimate of fair value (CN¥35.86)
Significantly Below Fair Value: 603032 is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 603032?
Key metric: As 603032 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.
| What is 603032's PS Ratio? | |
|---|---|
| PS Ratio | 15.1x |
| Sales | CN¥281.37m |
| Market Cap | CN¥4.25b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 14.8x |
| Enterprise Value/EBITDA | 253.5x |
| PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does 603032's PS Ratio compare to its peers?
| Company | Forward PS | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 2.7x | ||
300466 Saimo TechnologyLtd | 6.8x | n/a | CN¥4.7b |
603611 Noblelift Intelligent EquipmentLtd | 0.7x | 13.1% | CN¥4.9b |
603187 Qingdao Hiron Commercial Cold Chain | 1.6x | 18.5% | CN¥4.4b |
002255 Suzhou Hailu Heavy IndustryLtd | 1.9x | n/a | CN¥5.2b |
603032 Delixi New Energy Technology | 15.1x | 26.4% | CN¥4.2b |
Price-To-Sales vs Peers: 603032 is expensive based on its Price-To-Sales Ratio (15.1x) compared to the peer average (2.7x).
Price to Sales Ratio vs Industry
How does 603032'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$4.95b |
000951 Sinotruk Jinan TruckLtd | 0.5x | 14.6% | US$2.83b |
600686 Xiamen King Long Motor Group | 0.5x | n/a | US$1.26b |
000404 Changhong Huayi Compressor | 0.4x | 4.8% | US$708.36m |
| 6 Companies | Estimated Growth | Market Cap |
|---|
Price-To-Sales vs Industry: 603032 is expensive based on its Price-To-Sales Ratio (15.1x) compared to the CN Machinery industry average (3.2x).
Price to Sales Ratio vs Fair Ratio
What is 603032'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 | 15.1x |
| Fair PS Ratio | 2.6x |
Price-To-Sales vs Fair Ratio: 603032 is expensive based on its Price-To-Sales Ratio (15.1x) compared to the estimated Fair Price-To-Sales Ratio (2.6x).
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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