Qingdao Daneng Environmental Protection Equipment Co., Ltd.

SHSE:688501 Stock Report

Market Cap: CN¥1.8b

Qingdao Daneng Environmental Protection Equipment Valuation

Is 688501 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • 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 688501 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 688501 (CN¥14.56) is trading above our estimate of fair value (CN¥6.6)

Significantly Below Fair Value: 688501 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 688501?

Key metric: As 688501 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 688501. This is calculated by dividing 688501's market cap by their current earnings.
What is 688501's PE Ratio?
PE Ratio17.9x
EarningsCN¥99.88m
Market CapCN¥1.77b

Price to Earnings Ratio vs Peers

How does 688501's PE Ratio compare to its peers?

The above table shows the PE ratio for 688501 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average27.3x
300838 Zhejiang Linuo Flow Control TechnologyLtd
34.7xn/aCN¥1.8b
688092 Hangzhou IECHO Science&Technology
24.4xn/aCN¥1.8b
688557 BlueSword Intelligent TechnologyLtd
20.2x43.4%CN¥2.1b
603029 Shandong Swan CottonIndustrial Machinery StockLtd
29.7xn/aCN¥2.0b
688501 Qingdao Daneng Environmental Protection Equipment
17.9x29.1%CN¥1.8b

Price-To-Earnings vs Peers: 688501 is good value based on its Price-To-Earnings Ratio (17.9x) compared to the peer average (27.3x).

Price to Earnings Ratio vs Industry

How does 688501's PE Ratio compare vs other companies in the CN Machinery Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
002021 Zoje Resources Investment
4.6xn/aUS$396.87m
No more companies available in this PE range
688501 17.9xIndustry Avg. 35.0xNo. of Companies54PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 688501 is good value based on its Price-To-Earnings Ratio (17.9x) compared to the CN Machinery industry average (35x).

Price to Earnings Ratio vs Fair Ratio

What is 688501'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.

688501 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio17.9x
Fair PE Ratio22.1x

Price-To-Earnings vs Fair Ratio: 688501 is good value based on its Price-To-Earnings Ratio (17.9x) compared to the estimated Fair Price-To-Earnings Ratio (22.1x).

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

Goneo Group

CN¥92.5b

Provides electrical products.

603195

CN¥71.55

7D

-2.3%

1Y

7.8%

China National Chemical Engineering

CN¥49.7b

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¥8.13

7D

-7.2%

1Y

21.0%

Beijing Sifang AutomationLtd

CN¥14.1b

Supplies power transmission, transformation protection, automation systems, power generation, enterprise power, and power distribution and consumption systems in China and internationally.

601126

CN¥16.90

7D

-4.5%

1Y

20.5%