ZHEJIANG DIBAY ELECTRIC CO.,Ltd.

SHSE:603320 Stock Report

Market Cap: CN¥2.1b

ZHEJIANG DIBAY ELECTRICLtd Valuation

Is 603320 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 603320 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 603320 (CN¥15.58) is trading above our estimate of fair value (CN¥6.69)

Significantly Below Fair Value: 603320 is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 603320?

Key metric: As 603320 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 603320. This is calculated by dividing 603320's market cap by their current earnings.
What is 603320's PE Ratio?
PE Ratio27.8x
EarningsCN¥74.26m
Market CapCN¥2.06b

Price to Earnings Ratio vs Peers

How does 603320's PE Ratio compare to its peers?

The above table shows the PE ratio for 603320 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average45.3x
300823 TJK Intelligent Equipment Manufacturing (Tianjin)
37.9xn/aCN¥1.8b
301053 Yoantion IndustrialLtd
50.1xn/aCN¥1.8b
603321 Zhejiang Meilun Elevator
16.1xn/aCN¥2.2b
000856 TangshanJidong Equipment and EngineeringLtd
77.2xn/aCN¥1.8b
603320 ZHEJIANG DIBAY ELECTRICLtd
27.8xn/aCN¥2.1b

Price-To-Earnings vs Peers: 603320 is good value based on its Price-To-Earnings Ratio (27.8x) compared to the peer average (45.3x).


Price to Earnings Ratio vs Industry

How does 603320's PE Ratio compare vs other companies in the CN Machinery Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
002021 Zoje Resources Investment
4.6xn/aUS$398.65m
No more companies available in this PE range
603320 27.8xIndustry Avg. 34.8xNo. of Companies53PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 603320 is good value based on its Price-To-Earnings Ratio (27.8x) compared to the CN Machinery industry average (34.7x).


Price to Earnings Ratio vs Fair Ratio

What is 603320'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.

603320 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio27.8x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 603320'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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