Zhengping Road & Bridge ConstructionLtd Valuation

Is 603843 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-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 603843 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 603843's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 603843's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 603843?

Key metric: As 603843 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 603843. This is calculated by dividing 603843's market cap by their current revenue.
What is 603843's PS Ratio?
PS Ratio	1.6x
Sales	CN¥1.56b
Market Cap	CN¥2.46b

603843 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	3.2x
Enterprise Value/EBITDA	-14.5x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 603843's PS Ratio compare to its peers?

The above table shows the PS ratio for 603843 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	8.6x
300517 Haibo Heavy Engineering Science and Technology	4.6x	n/a	CN¥1.9b
603637 Zhenhai Petrochemical Engineering	3.3x	n/a	CN¥1.9b
002811 Shenzhen Cheng Chung Design	2.1x	n/a	CN¥2.3b
000809 Liaoning HeZhan Energy Group	24.1x	n/a	CN¥2.3b
603843 Zhengping Road & Bridge ConstructionLtd	1.6x	n/a	CN¥2.5b

Price-To-Sales vs Peers: 603843 is good value based on its Price-To-Sales Ratio (1.6x) compared to the peer average (8.6x).

Price to Sales Ratio vs Industry

How does 603843's PS Ratio compare vs other companies in the CN Construction Industry?

17 Companies	Price / Sales	Estimated Growth	Market Cap
601668 China State Construction Engineering	0.1x	5.9%	US$33.83b
601390 China Railway Group	0.1x	4.8%	US$20.05b
601186 China Railway Construction	0.1x	2.4%	US$15.96b
601669 Power Construction Corporation of China	0.2x	9.1%	US$13.13b

17 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: 603843 is expensive based on its Price-To-Sales Ratio (1.6x) compared to the CN Construction industry average (1.3x).

Price to Sales Ratio vs Fair Ratio

What is 603843'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.

603843 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	1.6x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 603843'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.

Discover undervalued companies

Zbom Home CollectionLtd

CN¥5.6b

Engages in the research, development, production and sale of customized building products in China and internationally.

603801

CN¥12.97

-3.1%

-33.4%

Goneo Group

CN¥92.5b

Provides electrical products.

603195

CN¥71.55

-2.3%

7.8%