Sinomach Precision Industry Group Valuation

Is 002046 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 002046 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 002046 (CN¥13.5) is trading above our estimate of fair value (CN¥6.74)

Significantly Below Fair Value: 002046 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 002046?

Key metric: As 002046 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 002046. This is calculated by dividing 002046's market cap by their current earnings.
What is 002046's PE Ratio?
PE Ratio	32.1x
Earnings	CN¥222.39m
Market Cap	CN¥7.14b

002046 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	3x
Enterprise Value/EBITDA	22.6x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does 002046's PE Ratio compare to its peers?

The above table shows the PE ratio for 002046 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	51.4x
002884 Guangdong Lingxiao Pump IndustryLtd	15x	12.3%	CN¥6.5b
301392 Guangdong Huicheng Vacuum Technology	74.2x	n/a	CN¥6.9b
002006 Zhejiang Jinggong Integration Technology	72x	n/a	CN¥8.4b
600468 Tianjin Benefo Tejing Electric	44.2x	n/a	CN¥5.5b
002046 Sinomach Precision Industry Group	32.1x	n/a	CN¥7.1b

Price-To-Earnings vs Peers: 002046 is good value based on its Price-To-Earnings Ratio (32.1x) compared to the peer average (51.4x).

Price to Earnings Ratio vs Industry

How does 002046's PE Ratio compare vs other companies in the CN Machinery Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap

No more companies available in this PE range

0 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 002046 is good value based on its Price-To-Earnings Ratio (32.1x) compared to the CN Machinery industry average (34.9x).

Price to Earnings Ratio vs Fair Ratio

What is 002046'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.

002046 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	32.1x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 002046'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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