Zhejiang Jinggong Integration Technology Co., Ltd.

SZSE:002006 Stock Report

Market Cap: CN¥7.5b

Zhejiang Jinggong Integration Technology Valuation

Is 002006 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 002006 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 002006 (CN¥15.69) is trading above our estimate of fair value (CN¥4.3)

Significantly Below Fair Value: 002006 is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 002006?

Key metric: As 002006 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 002006. This is calculated by dividing 002006's market cap by their current earnings.
What is 002006's PE Ratio?
PE Ratio60.6x
EarningsCN¥115.98m
Market CapCN¥7.53b

Price to Earnings Ratio vs Peers

How does 002006's PE Ratio compare to its peers?

The above table shows the PE ratio for 002006 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average76.1x
301392 Guangdong Huicheng Vacuum Technology
71.2xn/aCN¥6.9b
688090 Guangzhou Risong Intelligent Technology Holding
183.3xn/aCN¥6.4b
300145 Nanfang Zhongjin Environment
26.4x31.6%CN¥6.4b
002438 Jiangsu Shentong Valve
23.4x21.1%CN¥6.9b
002006 Zhejiang Jinggong Integration Technology
60.6xn/aCN¥7.5b

Price-To-Earnings vs Peers: 002006 is good value based on its Price-To-Earnings Ratio (60.6x) compared to the peer average (76.1x).


Price to Earnings Ratio vs Industry

How does 002006'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
002006 60.6xIndustry Avg. 35.0xNo. of Companies54PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 002006 is expensive based on its Price-To-Earnings Ratio (60.6x) compared to the CN Machinery industry average (35x).


Price to Earnings Ratio vs Fair Ratio

What is 002006'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.

002006 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio60.6x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 002006'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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