China International Marine Containers (Group) Valuation

Q: What is the Fair Price of 000039 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

000039 (CN¥8.56) is trading above our estimate of [[fair value]] (CN¥5.91)

Is 000039 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 000039 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 000039 (CN¥8.56) is trading above our estimate of fair value (CN¥5.91)

Significantly Below Fair Value: 000039 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 000039?

Key metric: As 000039 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 000039. This is calculated by dividing 000039's market cap by their current earnings.
What is 000039's PE Ratio?
PE Ratio	27.2x
Earnings	CN¥1.69b
Market Cap	CN¥36.21b

000039 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	0.5x
Enterprise Value/EBITDA	8x
PEG Ratio	0.8x

Price to Earnings Ratio vs Peers

How does 000039's PE Ratio compare to its peers?

The above table shows the PE ratio for 000039 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	24.8x
002008 Han's Laser Technology Industry Group	18x	-11.5%	CN¥27.6b
002595 Himile Mechanical Science and Technology (Shandong)	19.1x	14.6%	CN¥35.0b
600765 AVIC Heavy Machinery	23.6x	19.5%	CN¥30.7b
600862 Avic Aviation High-Technology	38.7x	18.2%	CN¥41.5b
000039 China International Marine Containers (Group)	27.2x	35.2%	CN¥36.2b

Price-To-Earnings vs Peers: 000039 is expensive based on its Price-To-Earnings Ratio (27.2x) compared to the peer average (24.8x).

Price to Earnings Ratio vs Industry

How does 000039's PE Ratio compare vs other companies in the CN Machinery Industry?

1 Company	Price / Earnings	Estimated Growth	Market Cap
002021 Zoje Resources Investment	4.9x	n/a	US$426.98m

No more companies available in this PE range

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 000039 is good value based on its Price-To-Earnings Ratio (27.2x) compared to the CN Machinery industry average (34.1x).

Price to Earnings Ratio vs Fair Ratio

What is 000039'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.

000039 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	27.2x
Fair PE Ratio	34x

Price-To-Earnings vs Fair Ratio: 000039 is good value based on its Price-To-Earnings Ratio (27.2x) compared to the estimated Fair Price-To-Earnings Ratio (34x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 000039 forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	CN¥8.56	CN¥9.21 +7.6%	21.8%	CN¥11.22	CN¥7.20	n/a	2
Nov ’25	CN¥8.52	CN¥9.82 +15.2%	18.9%	CN¥11.22	CN¥7.20	n/a	3
Oct ’25	CN¥8.99	CN¥10.03 +11.5%	15.7%	CN¥11.26	CN¥7.80	n/a	3
Sep ’25	CN¥7.51	CN¥10.03 +33.5%	15.7%	CN¥11.26	CN¥7.80	n/a	3
Aug ’25	CN¥7.83	CN¥11.26 +43.8%	3.1%	CN¥11.75	CN¥11.00	n/a	3
Jul ’25	CN¥9.58	CN¥11.10 +15.8%	1.1%	CN¥11.27	CN¥11.00	n/a	3
Jun ’25	CN¥9.58	CN¥11.10 +15.8%	1.1%	CN¥11.27	CN¥11.00	n/a	3
May ’25	CN¥9.07	CN¥11.10 +22.4%	1.1%	CN¥11.27	CN¥11.00	n/a	3
Apr ’25	CN¥9.48	CN¥11.10 +17.1%	1.1%	CN¥11.27	CN¥11.00	n/a	3
Mar ’25	CN¥9.44	CN¥9.40 -0.4%	17.0%	CN¥11.00	CN¥7.80	n/a	2
Feb ’25	CN¥7.94	CN¥7.50 -5.5%	4.0%	CN¥7.80	CN¥7.20	n/a	2
Jan ’25	CN¥7.65	CN¥7.50 -2.0%	4.0%	CN¥7.80	CN¥7.20	n/a	2
Dec ’24	CN¥7.70	CN¥7.50 -2.6%	4.0%	CN¥7.80	CN¥7.20	n/a	2
Nov ’24	CN¥6.65	CN¥7.50 +12.8%	4.0%	CN¥7.80	CN¥7.20	CN¥8.52	2
Oct ’24	CN¥7.10	CN¥7.57 +6.6%	0.4%	CN¥7.60	CN¥7.54	CN¥8.99	2
Sep ’24	CN¥7.13	CN¥7.57 +6.2%	0.4%	CN¥7.60	CN¥7.54	CN¥7.51	2

Analyst Forecast: Target price is less than 20% higher than the current share price.

Discover undervalued companies

Zbom Home CollectionLtd

CN¥5.8b

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

603801

CN¥13.40

-9.6%

-30.7%

Goneo Group

CN¥94.7b

Provides electrical products.

603195

CN¥73.20

-2.9%

8.3%

Zhejiang Dun'an Artificial Environment

CN¥11.7b

Engages in the research and development, production, and sale of refrigeration components, refrigeration and air-conditioning equipment, and automotive thermal management systems in China and internationally.

2011

CN¥11.05

-6.1%

-10.2%