Zhejiang Goldensea Hi-Tech Valuation

Is 603311 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

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 603311 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 603311 (CN¥11.41) is trading above our estimate of fair value (CN¥0.22)

Significantly Below Fair Value: 603311 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 603311?

Key metric: As 603311 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 603311. This is calculated by dividing 603311's market cap by their current earnings.
What is 603311's PE Ratio?
PE Ratio	47.3x
Earnings	CN¥56.91m
Market Cap	CN¥2.49b

603311 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	2.6x
Enterprise Value/EBITDA	18.2x
PEG Ratio	1.5x

Price to Earnings Ratio vs Peers

How does 603311's PE Ratio compare to its peers?

The above table shows the PE ratio for 603311 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	56.2x
603578 Zhejiang Three Stars New Materials	110.2x	n/a	CN¥2.5b
600444 Sinomach General Machinery Science & TechnologyLtd	45.4x	n/a	CN¥2.4b
301588 Newtechwood	43.8x	n/a	CN¥2.5b
603216 Mengtian Home Group	25.4x	n/a	CN¥2.3b
603311 Zhejiang Goldensea Hi-Tech	47.3x	31.1%	CN¥2.5b

Price-To-Earnings vs Peers: 603311 is good value based on its Price-To-Earnings Ratio (47.3x) compared to the peer average (56.2x).

Price to Earnings Ratio vs Industry

How does 603311's PE Ratio compare vs other companies in the CN Building 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: 603311 is expensive based on its Price-To-Earnings Ratio (47.3x) compared to the CN Building industry average (23.2x).

Price to Earnings Ratio vs Fair Ratio

What is 603311'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.

603311 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	47.3x
Fair PE Ratio	23.2x

Price-To-Earnings vs Fair Ratio: 603311 is expensive based on its Price-To-Earnings Ratio (47.3x) compared to the estimated Fair Price-To-Earnings Ratio (23.2x).

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.

Discover undervalued companies

Ningbo Sanxing Medical ElectricLtd

CN¥45.4b

Manufactures and sells power distribution and utilization systems in China and internationally.

601567

CN¥31.29

-1.7%

69.2%

China National Chemical Engineering

CN¥50.8b

An industrial engineering company, engages in the general contracting of construction, infrastructure, and overseas projects in the fields of chemical, petrochemical, pharmaceutical, power, and coal industries in China.

601117

CN¥8.31

-1.9%

21.1%

Goneo Group

CN¥92.4b

Provides electrical products.

603195

CN¥71.46

-3.4%

7.1%