Zhejiang Walrus New Material Valuation

Q: What is the Fair Price of 003011 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

003011 (CN¥14.28) is trading below our estimate of [[fair value]] (CN¥18.85)

Is 003011 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

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 003011 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 003011 (CN¥14.28) is trading below our estimate of fair value (CN¥18.85)

Significantly Below Fair Value: 003011 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 003011?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for 003011. This is calculated by dividing 003011's market cap by their current preferred multiple.
What is 003011's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	CN¥1.45b

003011 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	1.2x
Enterprise Value/EBITDA	17.7x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 003011's PS Ratio compare to its peers?

The above table shows the PS ratio for 003011 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	1.7x
301227 Harbin Sayyas Windows	2.1x	7.0%	CN¥1.8b
301043 Guangdong Nedfon Air System	3.2x	n/a	CN¥1.9b
301010 Jiangsu Jingxue Insulation TechnologyLtd	1.3x	n/a	CN¥1.5b
603828 Suzhou Kelida Building& DecorationLtd	0.4x	n/a	CN¥1.1b
003011 Zhejiang Walrus New Material	1x	11.8%	CN¥1.5b

Price-To-Sales vs Peers: 003011 is good value based on its Price-To-Sales Ratio (1x) compared to the peer average (1.7x).

Price to Earnings Ratio vs Industry

How does 003011's PE Ratio compare vs other companies in the CN Building Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	19.1%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	19.1%
	n/a	n/a	n/a

No more companies

Price-To-Sales vs Industry: 003011 is good value based on its Price-To-Sales Ratio (1x) compared to the CN Building industry average (1.5x).

Price to Sales Ratio vs Fair Ratio

What is 003011'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.

003011 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	1x
Fair PS Ratio	0.6x

Price-To-Sales vs Fair Ratio: 003011 is expensive based on its Price-To-Sales Ratio (1x) compared to the estimated Fair Price-To-Sales Ratio (0.6x).

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.