Bestway Marine & Energy Technology Co.,Ltd

SZSE:300008 Stock Report

Market Cap: CN¥9.1b

Bestway Marine & Energy TechnologyLtd Valuation

Is 300008 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • 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 300008 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 300008 (CN¥5.32) is trading above our estimate of fair value (CN¥3.41)

Significantly Below Fair Value: 300008 is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 300008?

Key metric: As 300008 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 300008. This is calculated by dividing 300008's market cap by their current earnings.
What is 300008's PE Ratio?
PE Ratio103.4x
EarningsCN¥88.91m
Market CapCN¥9.11b

Price to Earnings Ratio vs Peers

How does 300008's PE Ratio compare to its peers?

The above table shows the PE ratio for 300008 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average11.3x
603929 L&K Engineering (Suzhou)Ltd
11.6x6.4%CN¥5.9b
002060 Guangdong Construction Engineering Group
11.4x17.3%CN¥14.4b
000928 Sinosteel Engineering & Technology
11.2x9.9%CN¥10.1b
000065 NORINCO International Cooperation
11.2x12.2%CN¥11.2b
300008 Bestway Marine & Energy TechnologyLtd
103.4x38.0%CN¥9.1b

Price-To-Earnings vs Peers: 300008 is expensive based on its Price-To-Earnings Ratio (103.4x) compared to the peer average (11.3x).


Price to Earnings Ratio vs Industry

How does 300008's PE Ratio compare vs other companies in the CN Construction Industry?

5 CompaniesPrice / EarningsEstimated GrowthMarket Cap
601668 China State Construction Engineering
4.9x6.8%US$35.08b
600248 Shaanxi Construction Engineering Group
4.3x12.6%US$2.41b
000498 Shandong Hi-Speed Road&Bridge Group
4.1x8.0%US$1.36b
002482 Shenzhen Grandland Group
2.5xn/aUS$988.56m
300008 103.4xIndustry Avg. 24.5xNo. of Companies16PE020406080100+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 300008 is expensive based on its Price-To-Earnings Ratio (103.4x) compared to the CN Construction industry average (24.5x).


Price to Earnings Ratio vs Fair Ratio

What is 300008'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.

300008 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio103.4x
Fair PE Ratio33.7x

Price-To-Earnings vs Fair Ratio: 300008 is expensive based on its Price-To-Earnings Ratio (103.4x) compared to the estimated Fair Price-To-Earnings Ratio (33.7x).


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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